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

Encomenda Capital Partners

Also known as Encomenda, Encomenda Capital Partners, SGEIC, S.A., Nekko Capital SGEIC

Barcelona pre-seed and seed VC manager led by Carlos Blanco and Mercè Tell; runs Encomenda Seed II, N Ventures 1 Incubación, Palladium Corporate Ventures and Mestral PE fund.

HEADQUARTERS
Barcelona, Spain
FOUNDED
2015
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
6 people

Focus

STAGES
Pre-SeedSeed
SECTORS
Software & SaaSArtificial IntelligenceFintechMobility & Logistics
ASSET MIX
Venture capitalPrivate equity
GEOGRAPHY
Spain

Overview

Encomenda Capital Partners, SGEIC, S.A. is the former Nekko Capital SGEIC (CNMV reg. no. 103, February 2015), majority-acquired by Carlos Blanco in 2023 and renamed. It invests €100K–€500K first tickets, with follow-ons up to €2–3M, in Spanish tech start-ups at pre-seed and seed through Encomenda Seed II, which had raised over €30M from private investors and family offices plus €9.5M from SETT by February 2026. It also manages the N Ventures 1 incubation fund (Nuclio start-ups), the Palladium Corporate Ventures CVC vehicle and Mestral Pymes Catalyst Fund 1.1, an SME succession private-equity fund.

Investment thesis

Sector-agnostic technology start-ups at pre-seed and seed, mainly in Spain, with initial tickets of €100K–€500K and follow-ons up to €2–3M per company; no hardware, healthcare or life sciences.

PORTFOLIO (12)

  • Eleva AI
    Artificial Intelligence · since 2026
  • Tripjoin
    Consumer & E-commerce
  • Bundleport
    Software & SaaS
  • CarHub
    Mobility & Logistics
  • bcount
    Fintech
  • VoiceB.ai
    Artificial Intelligence
  • Tu Trámite Fácil
    Software & SaaS
  • Uxia
    Artificial Intelligence
  • The Digital Brands House
    Consumer & E-commerce
  • Rebel Tickets
    Consumer & E-commerce
  • Metly
    Artificial Intelligence
  • Vig Sec Drone
    Deep Tech

People

  • Carlos Blanco
    President & CEO · source
  • Mercè Tell
    General Partner & COO · source
  • Javier Darriba
    Key Partner · source
  • Christophe Canler
    CRO · source
  • Jacobo Wirz
    Partner · source
  • Mario Brassesco
    Investment Director · source

Links

Frequently asked questions

Encomenda Capital Partners is a VC fund based in Barcelona, Spain, founded in 2015.

Yes. Encomenda Capital Partners invests its own capital in private companies.

Encomenda Capital Partners invests at Pre-Seed and Seed stages in Software & SaaS, Artificial Intelligence, Fintech and Mobility & Logistics.

Encomenda Capital Partners's stated ticket size is €100K–€500K.

Key people at Encomenda Capital Partners include Carlos Blanco (President & CEO), Mercè Tell (General Partner & COO), Javier Darriba (Key Partner) and Christophe Canler (CRO).

Encomenda Capital Partners's investments include Eleva AI, Tripjoin, Bundleport, CarHub, bcount, VoiceB.ai, Tu Trámite Fácil and Uxia, among others.

The most recent publicly reported investment by Encomenda Capital Partners is Eleva AI (Pre-seed), announced in Jul 2026.

Encomenda Capital Partners states that it accepts submissions through its official contact page.

Yes. Encomenda Capital Partners manages capital from outside investors.