LP profile

Mastertech Capital

Fund of fund · Founded 2016 · Carcaixent, Spain

#700 LP Ranking #69 of 264 funds of funds

Managed by Talenta Gestión, venture capital firm structured as a fund-of-funds, investing in Spanish venture capital funds that focus on the technology sector, including mobile, internet, and software startups

Website ↗

13 VC firms backed

$110M AUM

01 · Background

Who Mastertech Capital is.

Historical Background: Mastertech Capital SCR, S.A. was officially registered in the commercial registry of Barcelona on March 14, 2017. The firm operates under the management of Talenta Gestión S.G.I.I.C, S.A., a separate asset management company.
Allocation Strategy: The firm is structured as a venture capital fund of funds, meaning it primarily invests in other venture capital funds rather than directly into companies. Geographically, the investment mandate is centered on Spain and the broader European market. The underlying portfolio companies are concentrated in the technology sector, with a wide-ranging focus that includes mobile, internet, software, SaaS, cybersecurity, fintech, big data, IoT, ad tech, robotics, and drones.

Sources

02 · Fund commitments

The funds Mastertech Capital backs.

Mastertech Capital is a limited partner in 13 funds. 4 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

Bonsai Partners

Spain

Connect Capital

Netherlands

Crane Venture Partners

United Kingdom

Earlybird Venture Capital

Germany

LifeX Ventures

United States

Nauta Capital

United Kingdom

Seaya

Spain

SeedRocket

Spain

Stride.VC

United Kingdom

03 · Allocation

How Mastertech Capital’s fund book is spread.

The 13 funds Mastertech Capital backs, by where the manager is headquartered and how many funds that manager has raised.

Where those managers are based

By fund headquarters.

Europe 1292%
North America 18%

United Kingdom 5 · Spain 3 · France 1 · Germany 1

How established those managers are

Managers grouped by how many funds they have raised — across the 10 of 13 with a fund history on record.

Emerging funds · 3

Established funds · 7

2 1

1 3

1 4

1 5-6

3 7-9

1 10-14

1 15+

Funds raised by the manager

04 · Direct investments

The companies Mastertech Capital backs directly.

Mastertech Capital holds 3 companies directly, separate from the funds it commits to as a limited partner.

$2.5B valuation Unicorn

Holded

Fintech · Spain

$132M valuation

05 · Other LPs

Other LPs.

Other funds of funds in the Power Law LP ranking, closest to Mastertech Capital by combined power-law score — Europe first, then the nearest worldwide.

🇬🇧

British Patient Capital

LP rank #538 · United Kingdom

$3.9B AUM 27 VC funds backed

🇪🇸

Axon Partners Group

LP rank #554 · Spain

$836M AUM 14 VC funds backed

🇩🇪

KfW

LP rank #568 · Germany

$624B AUM 48 VC funds backed