Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 14 SOURCES

Suma Capital

Also known as SUMA CAPITAL, SGEIC, S.A.

Barcelona fund manager investing in the ecological transition through infrastructure (SC Infra), growth private equity (SC Expansion) and climate-tech VC (SC Venture); over €1.1B AUM (2025).

HEADQUARTERS: Barcelona, Spain
FOUNDED: —
AUM: €1.1B (2025)
OUTSIDE CAPITAL: Yes
TEAM LISTED: 12 people

Focus

STAGES: SeedSeries ASeries BGrowth
SECTORS: Climate & Energy Industrial & Manufacturing Consumer & E-commerce Software & SaaS Mobility & Logistics
ASSET MIX: Private equityVenture capitalImpact
GEOGRAPHY: SpainEurope

Investment arms & vehicles

SC Infra
Strategy investing in energy-transition and circular-economy infrastructure (build-to-core, operational value-add, platform expansion) through impact funds
SC Expansion
Growth private equity in Spanish companies with sales above €15M and EBITDA above €3M; €15–25M tickets for 30–70% stakes
SC Venture
Climate-tech venture strategy with two funds: SC Climate Tech Ventures (early stage) and SC Net Zero Ventures (scale-up)

Overview

Suma Capital is an independent Barcelona-based fund manager with offices in Madrid, Paris and Milan that invests in companies and assets contributing to a low-carbon economy. It runs three strategies: SC Infra (energy-transition and circular-economy infrastructure), SC Expansion (growth private equity in Spanish companies) and SC Venture (climate-tech venture capital through early-stage and scale-up funds). In 2025 it passed €1.1B under management, with 12 funds and strategies and 44 portfolio companies.

Investment thesis

SC Expansion: Spanish companies with sales of €15–100M, EBITDA above €3M and over 10% growth, taking 30–70% minority or majority stakes of €15–25M, around green transition, digital transition, health and wellbeing, and social inclusion. SC Infra: asset-based energy-transition and circular-economy projects. SC Venture: climate technologies in advanced mobility, industrial decarbonisation, renewables and enabling digital technologies.

PORTFOLIO (12)

Grupo GestcompostNOTABLE
Climate & Energy · since 2020
TradeinnNOTABLE
Consumer & E-commerce
Hydrosat
Space · since 2026
Cubicup
Real Estate & PropTech · since 2026
eCooltra
Mobility & Logistics
Homs Rentals
Industrial & Manufacturing
Vallfirest
Industrial & Manufacturing
Alucan
Industrial & Manufacturing
NPAW
Software & SaaS
Berria Bikes
Consumer & E-commerce
Ziacom
HealthTech
Turris
Food & Agriculture · Exited

People

Enrique Tombas
Founding Partner, Chairman · source
David Arroyo
Founding Partner (leads SC Expansion) · source
Pablo de Muller
Founding Partner · source
Antoni Macià
Partner · source
Natalia Ruiz
Partner · source
Xavier Sánchez
Partner · source
Jérôme Petitjean
Partner · source
Josep Miquel Torregrosa
Partner · source
Pau Bermudez-Cañete
Partner · source
Ruperto Unzué
Partner · source
Sergio Fernández
Partner · source
Begoña Mata
CFO & IR · source

Frequently asked questions

Suma Capital is a private equity fund based in Barcelona, Spain.

Yes. Suma Capital invests its own capital in private companies.

Suma Capital invests at Seed, Series A, Series B and Growth stages in Climate & Energy, Industrial & Manufacturing, Consumer & E-commerce, Software & SaaS and Mobility & Logistics.

Suma Capital's stated ticket size is €15M–€25M.

Key people at Suma Capital include Enrique Tombas (Founding Partner, Chairman), David Arroyo (Founding Partner (leads SC Expansion)), Pablo de Muller (Founding Partner) and Antoni Macià (Partner).

Suma Capital's investments include Grupo Gestcompost, Tradeinn, Hydrosat, Cubicup, eCooltra, Homs Rentals, Vallfirest and Alucan, among others.

The most recent publicly reported investment by Suma Capital is Hydrosat (Series B extension (SC Net Zero Ventures, $10M)), announced in Sep 2026.

Yes. Suma Capital manages capital from outside investors.