Aldea Ventures, the Barcelona-based fund of funds, has announced the first close of its second fund at €50 million, on its way to a €125 million target. The fund aims to accelerate deeptech innovation by backing specialised early-stage venture capital managers across Europe — and capturing the next wave of frontier technology breakthroughs.
Aldea Ventures is betting that fields like AI, next-gen computing, robotics, and climate tech represent a “mega-wave” of future value creation, citing an expected 42% annual growth rate in these sectors — vastly outpacing traditional tech markets.
“Early-stage specialist managers are critical to spotting the subtle signals that shape tomorrow’s world,” said Alfonso Bassols, Managing Partner at Aldea Ventures. “With Fund II, we’re doubling down on these visionaries.”
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A Silicon Valley Model, Tailored for Europe
Founded in 2020 by Carlos Trenchs, Alfonso Bassols, Josep Duran, and Gonzalo Rodés, Aldea Ventures was created to fill a structural gap in Europe’s venture ecosystem: connecting emerging micro-VCs with systematic support and offering scalable, early-stage capital for frontier innovation.
Their model blends:
- Fund investments in early-stage micro-VCs (sub-€100M funds)
- Co-investments in high-potential growth-stage startups
- Network-building across Europe’s entrepreneurial hubs
Already, Fund II has committed to firms like Moonfire, Amino, and Unruly Capital, and it’s expanding to include Concept Ventures and First Commit, among others. Select Nano-VCs (sub-€25M funds) such as 201 Ventures and Possible Ventures are also part of the portfolio, boosting risk diversification and upside.
Building a Future-Proof Venture Ecosystem
Through its first fund, Aldea supported:
- 28 funds from 23 emerging managers
- 9 co-investments in breakout growth companies
- Over 1,000 early-stage startups, spanning AI, healthtech, climate tech, and fintech
Key successes include Podimo, Automata, Kenbi, Sorare, 011h, and Exoticca — companies that highlight Aldea’s ability to source and scale frontier innovation across Europe.
Aldea II will maintain its Europe-first strategy but also target selective U.S. exposure, helping European founders break into American markets. Already, 25% of the companies backed through Aldea’s network operate in the U.S.
“The technologies emerging today could solve some of humanity’s greatest challenges,” said Daniela Cavagliano, newly promoted Partner at Aldea. “Aldea offers a unique, diversified way to access these breakthroughs early, while managing risk intelligently.”
A New Playbook for Deeptech Investing
By focusing on highly specialised managers and frontier sectors, Aldea is building a resilient, future-proof portfolio designed to capture long-term value — even as traditional venture capital faces tougher headwinds.
Their approach offers:
- Early access to transformational technologies
- Stronger networks across Europe’s fastest-growing tech hubs
- Aligned incentives with both managers and portfolio companies
“Aldea isn’t just a backer — they’re a true partner,” said Mick Halsband, GP at Lunar Ventures. “They understand the timelines and complexity deeptech demands, and they’re in it for the long term.”
With €50 million locked in and momentum growing, Aldea Ventures is positioning itself at the epicenter of Europe’s next generation of deeptech breakthroughs — helping shape industries, ecosystems, and the future itself.
