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VC FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 9 SOURCES

Grow Venture Partners

Also known as Grow VP, Grow Venture Partners, SGEIC, S.A.

Barcelona deep-tech VC manager backing university and research-centre spin-offs at pre-seed and seed (€100K–€2M); manages Grow Seed Funds I–II and the ICF/EIF-backed Fons FITA.

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

Focus

STAGES
Pre-SeedSeed
SECTORS
Deep TechClimate & EnergyHealthTechArtificial IntelligenceSpace
ASSET MIX
Venture capital
GEOGRAPHY
SpainEurope

Overview

Grow Venture Partners, SGEIC, S.A. is a CNMV-registered manager (no. 186, March 2022) in Barcelona led by Francisco Badia. It invests in spin-offs built on intellectual property from universities and research centres, at pre-seed and seed, in quantum, photonics, industrial technologies, medtech, AI, robotics, new materials and energy, with tickets of €100K–€2M. It manages Grow Seed Fund I and II and Fons FITA, a public-private vehicle backed by the Institut Català de Finances and the European Investment Fund, which had nine portfolio companies after its first year of activity (March 2026).

Investment thesis

Spin-offs from universities and research centres with strong IP at company creation (pre-seed) and seed: quantum, photonics, industrial tech, medtech, big data/AI, IoT, robotics, new materials, energy and circular economy; tickets €100K–€2M. Runs Spin-off Launchpad, a 20-week programme for researchers with direct investment of up to €1M.

PORTFOLIO (12)

People

  • Francisco Badia
    Managing Partner · source
  • Marc Almendros
    Partner · source
  • María José Morales
    Partner · source
  • Ignacio Sala
    Partner · source
  • David Borras
    Non-Executive Partner · source

Links

Frequently asked questions

Grow Venture Partners is a VC fund based in Barcelona, Spain.

Yes. Grow Venture Partners invests its own capital in private companies.

Grow Venture Partners invests at Pre-Seed and Seed stages in Deep Tech, Climate & Energy, HealthTech, Artificial Intelligence and Space.

Grow Venture Partners's stated ticket size is €100K–€2M.

Key people at Grow Venture Partners include Francisco Badia (Managing Partner), Marc Almendros (Partner), María José Morales (Partner) and Ignacio Sala (Partner).

Grow Venture Partners's investments include Qilimanjaro Quantum Tech, X1 Wind, Predictheon, NSS Water, Electraqua, Porous (Porous Energy), Shinephi and VirTest, among others.

The most recent publicly reported investment by Grow Venture Partners is X1 Wind (Fourth strategic round (lead)), announced in Sep 2026.

Grow Venture Partners states that it accepts submissions through its official contact page.

Yes. Grow Venture Partners manages capital from outside investors.