TLDR:
- Kfund secures €70 million for its sixth fund to support high-impact startups in Southern Europe.
- The fund aims to continue supporting ambitious entrepreneurs across various stages of their projects.
Kfund, a multi-stage family of funds, has successfully secured commitments exceeding €70 million for its sixth fund, K3. This milestone allows Kfund to intensify its support for high-impact projects in Southern Europe. The fund has a history of backing significant technological initiatives in Spain and identifying top Spanish founders from their earliest ideas to high-growth companies. K3 marks the continuation of Kfund’s journey that began in 2016, evolving into a family of funds supporting entrepreneurs at every stage of their projects. The range of funding vehicles provided by Kfund, from €100k to €10 million, makes it unique in the region for supporting projects from pre-seed to Series A stages.
Iñaki Arrola, General Partner of Kfund, emphasized the importance of launching the new fund and the continued mission to support impactful companies. Kfund remains committed to the vision that technologies like AI, data analytics, and 5G will redefine industries. The fund sees immense opportunities in Southern Europe’s technological ecosystem and believes in the potential for job creation and wealth generation through supporting founders. Kfund has a track record of co-investing with prestigious international funds and believes in enhancing efficiencies and promoting human-machine collaboration.
The launch of the new fund highlights the thriving interaction between disruptive technologies and traditional sectors. This fund will further support the growth of high-impact startups in Southern Europe and reinforce the belief in the transformative power of technology.
