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VC FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 6 SOURCES

Archipélago Next

Also known as Archipelago Next Ventures SGEIC SA, Archipelago Next

Canary Islands pre-seed and seed VC backed by about 25 corporate investors; Fund I (2018) and Fund II (2024); €150K–€500K tickets in B2B SaaS, mainly Spain.

HEADQUARTERS
Las Palmas de Gran Canaria, Spain
FOUNDED
—
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
5 people

Focus

STAGES
Pre-SeedSeed
SECTORS
Software & SaaSArtificial Intelligence
ASSET MIX
Venture capital
GEOGRAPHY
Spain

Overview

Archipélago Next describes itself as the first venture capital fund born in the Canary Islands, founded by businesspeople, with offices in Las Palmas de Gran Canaria and Madrid. It invests €150K–€500K at pre-seed and seed, with follow-on up to €1M, mostly in B2B SaaS startups in Spain or with Spanish founders. Its investors are companies such as Satocan, Binter Canarias, HD Grupo, Lopesan and Cajasiete, which take part in due diligence and the investment committee and can co-invest. Fund I (vintage 2018) is divesting and Fund II (vintage 2024) is investing; the site reports 69 startups backed.

Investment thesis

Sector-agnostic pre-seed and seed investing, almost always B2B SaaS with early signs of product-market fit, in Spain or with Spain-linked founders; follows on in later rounds.

PORTFOLIO (12)

  • Ciudadela
    Real Estate & PropTech
  • Invofox
    Artificial Intelligence
  • Blaine
  • Hotelverse
    Software & SaaS
  • Chargy
    Mobility & Logistics
  • Shimoku
    Artificial Intelligence
  • Nymiz
    Artificial Intelligence
  • Inspide
    Software & SaaS
  • Box2Box
    Consumer & E-commerce
  • Fourvenues
    Software & SaaS
  • Visualfy
    HealthTech
  • Union Avatar
    Artificial Intelligence

People

  • Miguel Quintanilla
    General Partner (CIO of Grupo Satocan) · source
  • Patricia Fraile
    Fund Manager, Compliance and Investor Relations · source
  • Javier Garabal
    General Partner · source
  • David Guerra
    Legal · source
  • Rodrigo Pérez
    Analyst · source

Links

Frequently asked questions

Archipélago Next is a VC fund based in Las Palmas de Gran Canaria, Spain.

Yes. Archipélago Next invests its own capital in private companies.

Archipélago Next invests at Pre-Seed and Seed stages in Software & SaaS and Artificial Intelligence.

Archipélago Next's stated ticket size is €150K–€500K.

Key people at Archipélago Next include Miguel Quintanilla (General Partner (CIO of Grupo Satocan)), Patricia Fraile (Fund Manager, Compliance and Investor Relations), Javier Garabal (General Partner) and David Guerra (Legal).

Archipélago Next's investments include Ciudadela, Invofox, Blaine, Hotelverse, Chargy, Shimoku, Nymiz and Inspide, among others.

Archipélago Next states that it accepts submissions through its official contact page.

Yes. Archipélago Next manages capital from outside investors.