Madrid-based talent investment company Demium today announced its rebranding to Mission and launched a new fund with a target size of €35 million. The new fund will focus on investing in pre-seed startups in Spain.
The fund is managed by Jorge Dobón (Managing Partner) and supported by Álvaro Callejo (ex-CEO of Ritmo), Julio Ribes (founder of Swipcar and Holaglow) and Mario Navarro (founder of Triple).
According to the firm, the fund aims to invest in approximately 80 companies, with an average initial ticket of €250,000, which can reach up to €2 million in the most promising companies. In many cases, it will act as their first institutional investor.
“As the Spanish ecosystem matures, entrepreneurs have increasing options about who they want to partner with. We believe the best founders want a travel companion who knows what they’re going through,” said Jorge Dobón, Managing Partner of Mission.
Founded in Valencia in 2013, Demium is a talent VC that invests in “exceptional individuals willing to launch their startup, with or without an idea, a team and a product.”
In June 2020, the Demium venture capital management launched a €50 million initial fund (Think Bigger Fund I) to invest annually in over 75 startups at their pre-seed/seed stages.
In 2022, Demium Capital, the venture capital asset management company (formerly known as Think Bigger Capital), announced the launch of a fund to back Central European startups in their seed and pre-seed stages.
In 2023, Demium shifted from an incubation model to a direct equity investment model. According to the firm, this launch of Mission marks the culmination of this transition process.
Mission, evolved from Demium, is a venture capital fund that has invested in over 250 Spanish startups such as Citibox, Theker, Dealcar, Voicemod, Singularu, and Swipcar.
“Mission emerges as the natural evolution of 13 years of experience investing in and creating companies from scratch. After supporting more than 250 startups, Demium now consolidates its strategy under a new brand, Mission, and a fund structure designed for the age of AI and automation,” mentioned the firm in the press release.
Mission Fund I has already begun deploying capital and has made its first investments. The fund is backed by a group of limited partners, including founders and investors who participated in previous funds. Additionally, it also has the support of the Official Credit Institute (ICO) and the Valencian Institute of Finance (IVF) for this new stage.
Read the orginal article: https://www.eu-startups.com/2026/01/madrid-based-talent-vc-demium-rebrands-as-mission-and-unveils-e35-million-pre-seed-fund-for-spanish-startups/
