4Founders Capital, a Spanish VC firm based in Barcelona, has today announced the launch of its third fund, 4Founders Capital III, with a target size of €65 million.
The fund has already secured €44 million in its first close—more than 67% of its goal—thanks to strong backing from existing investors, including family offices, internet entrepreneurs, and institutional investors.
With this latest fund, 4Founders Capital continues its strategy of investing in early-stage startups, deploying initial tickets between €250k and €2 million. The firm aims to back around 40 high-growth technology startups with global scalability potential, providing follow-on investments to those showing strong performance.
The firm has already begun investing from the new fund, participating in two rounds: a €1.3 million round for Punto Post, a Mexican startup transforming last-mile logistics through SaaS solutions integrated with e-commerce and logistics operators, and a financing round for Mogu, a SaaS platform accelerating sales for travel agencies.
“Thanks to the good returns being obtained by our first two vehicles and the continued support of our current investors, who have once again placed their trust in us, we have been able to successfully complete the first closing of 4Founders Capital III. With it, we reaffirm our commitment to the entrepreneurial ecosystem, betting on technology startups with high growth potential and accompanying them in their development. Undoubtedly, our experience, consistency and track record with the two previous funds have been key to make this first successful closing given the current environment,” said Marc Badosa, Co-founder of 4Founders Capital.
4Founders Capital is an independent VC firm with €106 million under management, it was founded in 2017 and invests in high-growth technology companies with a clear focus on achieving profitability, efficient use of capital and with strong teams.
The fund is led by a team of seasoned entrepreneurs and investors with a strong track record in venture capital and company building. The partners—Jesús Monleón, Javier Pérez-Tenessa, Marc Badosa, Marek Fodor, and Paula Blázquez—have collectively founded six companies generating more than €140 million in EBITDA annually.
4Founders Capital maintains a close relationship with SeedRocket, Spain’s first and notable startup accelerator, founded in 2008. This partnership, combined with the team’s extensive network, grants the firm access to 85% of the deal flow within Spain’s startup ecosystem.
4Founders Capital III follows the success of its previous funds. The first, 4Founders Capital I, launched in 2017 with €12 million, has delivered a net return of 20.84% to investors. It backed 27 startups, achieving nine exits, including Holded, which returned the entire fund in just five years. The fund still holds 13 high-potential companies, including The Hotel Network, Mailsuite, and Flanks. The second fund, 4Founders Capital II, launched in 2021 with €50 million, has invested in 38 startups, including Embat, Zenrows, Vidext, TaxDown, Viterbit, Dealcar, and Invofox.
“This new fund represents a unique opportunity for investors who want to invest in technology, good diversification and excellent returns. For entrepreneurs, it means having a partner who understands their needs because we have been there before and is ready to contribute and support them at every stage,” added Marek Fodor.
With a strong track record and a high exit rate compared to market averages, 4Founders Capital has solidified its position as Spain’s largest institutional pre-seed fund.
Read the orginal article: https://www.eu-startups.com/2025/02/4founders-capital-secures-e44-million-in-first-close-of-new-e65-million-fund/
