The Lab Ventures
Also known as Sabang Investments, SGEIC, S.A., The Lab Ventures Fund II
Madrid/Dubai operational VC (2019) that incubates and invests in pre-seed and seed B2B startups, mainly proptech, healthtech and services tech; €29.1M Fund II closed July 2025.
- HEADQUARTERS
- Madrid, Spain
- FOUNDED
- 2019
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 8 people
FOCUS
- STAGES
- Pre-SeedSeed
- ASSET MIX
- Venture capital
- GEOGRAPHY
- SpainEuropeMiddle East
WHAT IT IS
VC Fund. A fund manager investing capital raised from limited partners into startups.
ABOUT
The Lab Ventures is an operational venture capital firm founded in 2019 that launches companies from scratch or invests in early-stage B2B ventures, providing hands-on support in product, engineering, finance, talent and fundraising. It focuses on proptech, healthtech and services tech in under-digitalised industries across Southern Europe and the MENA & GCC region, with offices in Madrid and Dubai. Its second fund closed on 3 July 2025 at €29.1 million, backed by Spain’s ICO and family offices in Europe and the Gulf. The firm reports 28 ventures launched, two funds and an average ticket of €850,000.
INVESTMENT THESIS
Pre-seed and seed B2B and B2B2C companies using SaaS, managed-marketplace, AI or Web3 models to digitise under-digitalised vertical industries, with cross-pollination between Southern Europe and MENA & GCC.
PORTFOLIO (12)
- RevicasaReal Estate & PropTech · since 2026
- Virtual MikeReal Estate & PropTech · since 2026
- PowerbimReal Estate & PropTech · since 2026
- AuroraArtificial Intelligence · since 2025
- DalateaArtificial Intelligence · since 2025
- TerralitixClimate & Energy · since 2025
- PropSpaceReal Estate & PropTech · since 2024
- OliraHealthTech · since 2024
- WollyReal Estate & PropTech · since 2023
- KleoFintech · since 2023
- ZenovaReal Estate & PropTech · since 2019
- CliniclicHealthTech · since 2020 · Exited
TEAM
- Fernando BecerraFounding Partner – Chairman · source
- Jon de LeraFounding Partner · source
- Pablo Gómez-TrenorFounding Partner · source
- Jonathan LahyaniGeneral Partner · source
- Victor GuillánGeneral Partner & CTO · source
- Silvia IrisarriGeneral Partner & COO · source
- Michael LahyaniVenture Partner · source
- Raul RoyoVenture Partner · source
LINKS
FAQ
The Lab Ventures is a VC fund based in Madrid, Spain, founded in 2019.
Yes. The Lab Ventures invests directly in private companies.
The Lab Ventures invests at Pre-Seed and Seed stages in Real Estate & PropTech, HealthTech, Software & SaaS, Artificial Intelligence and Fintech.
The Lab Ventures's stated ticket size is €850K–€850K.
Key people at The Lab Ventures include Fernando Becerra (Founding Partner – Chairman), Jon de Lera (Founding Partner), Pablo Gómez-Trenor (Founding Partner) and Jonathan Lahyani (General Partner).
The Lab Ventures's investments include Revicasa, Virtual Mike, Powerbim, Aurora, Dalatea, Terralitix, PropSpace and Olira, among others.
The most recent publicly reported investment by The Lab Ventures is Revicasa (Seed (over €600,000, led by The Lab Ventures)), announced in Jan 2026.
The Lab Ventures states that it accepts submissions.
Yes. The Lab Ventures manages capital from outside investors.