About BBVA Momentum
BBVA Momentum, an accelerator and incubator program founded in 2011, is based in Bilbao, Spain. With a presence in 15 countries, it has supported around 296 startups in sectors like Retail, Consumer. As of Jul 2026, BBVA Momentum has witnessed 3 portfolio exits. Most notable companies in
its portfolio include Wixsite, Vexi and ILUNION. The program primarily supports Grant (prize money) startups based in United States. Its latest investment was a $100K Grant (prize money) round in Gifts for Good on Nov 07, 2019.
BBVA Momentum's List of Top Investments
BBVA Momentum has a portfolio of 296 companies. Their most notable investments include Wixsite and Vexi.Their portfolio spans across Colombia, Mexico, Spain and 12 more locations. They have invested in Retail, Consumer, HealthTech and 29 other sectors, across stages such as Grant (prize money) stage. Here is the list of top investments by BBVA Momentum:1. Wixsite
Provider of tools enabling users to create and manage websites. The platform offers website templates, AI website builder, domain registration, and web hosting. It also provides features for eCommerce, scheduling, restaurant management, blogging, and portfolio creation. Additional solutions include payment processing, mobile app management, CRM, website analytics, email marketing, and SEO tools.
Key facts about Wixsite
- Founded Year: 2012
- Location: Norway
- Stage: Deadpooled
- Employee Count: 5 as on Apr 30, 2026
- Investors: JLABS, Corda Campus and 9 Others
- Latest Funding Round: Seed, $*****
2. Vexi
App-based credit card provider. Customers need to apply online to be assigned a credit limit, which can be used online as well as offline. The Vexi mobile app allows customers to manage and customize expenses easily, check cut and payment dates, and review details of charges and commissions.
Key facts about Vexi
- Founded Year: 2016
- Location: Mexico City (Mexico)
- Stage: Series A
- Total Funding till date: $32M
- Employee Count: 91 as on May 31, 2026
- Investors: Redwood Ventures, Noa Capital Partners and 13 Others
- Latest Funding Round: Conventional Debt, Apr 30, 2025, $*****
- Highlight: Editors' Pick
3. ILUNION
Key facts about ILUNION
- Founded Year: 2014
- Location: Madrid (Spain)
- Stage: Funding Raised
- Employee Count: 8,037 as on Mar 31, 2026
- Investors: BBVA Momentum and Europa
- Latest Funding Round: Grant (prize money), Jan 09, 2019, $*****
4. Twin
Twin Science provides STEM-based learning DIY robotic kits. It provides students with DIY kits that come with magnetic-based electric modules that are compatible with legos for students to create different projects. It also enables students to code the projects using scratch language. It provides coding, robotics and science based curriculum for schools to implement and also partners with corporate for sessions with employee's children. The various robotic kits can be purchased directly via the platform and its apps are available on the IOS and the Android platform.
Key facts about Twin
- Founded Year: 2017
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $2.61M
- Employee Count: 41 as on May 31, 2026
- Investors: Fark Labs, APY Ventures and 19 Others
- Latest Funding Round: Series A, Sep 12, 2024, $*****
- Highlight: Editors' Pick
5. Upswing
Online platform offering tutoring solutions for students. It provides online tutoring for students and real-time analytics on students' performance to their administrators. Sessions take place through the platform via audio, video, document sharing, and a virtual whiteboard.
Key facts about Upswing
- Founded Year: 2012
- Location: Austin (United States)
- Stage: Series A
- Total Funding till date: $13.1M
- Employee Count: 166 as on May 31, 2026
- Investors: Impact America Fund, The Vedas Group and 19 Others
- Latest Funding Round: Series A, Jun 28, 2023, $*****
- Highlight: Editors' Pick
BBVA Momentum's Year-on-Year Investment Trends
Its most recent first time investment was in Gifts for Good.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
BBVA Momentum's Investments by Stage
BBVA Momentum has made 4 investments in Grant (prize money) stage with an average round size of $41.2K.BBVA Momentum's Investments by Sector
BBVA Momentum has a diverse portfolio, with companies operating in the Retail, Consumer, Enterprise Applications and Healthcare. Notably, it has invested in 63 Tech companies, 51 Consumer (B2C) companies, 31 Enterprise (B2B) companies and at least 19 companies focusing on Software.Sector | No. of Investments |
|---|---|
Retail | 2 |
Consumer | 1 |
Enterprise Applications | 1 |
Healthcare | 1 |
Note: We have considered here, only first round of investments
BBVA Momentum's Investments by Geography
BBVA Momentum has made most investments in United States (4).BBVA Momentum's recent investments
BBVA Momentum has not made any investment in 2026 so far.Here are the most recent investments by BBVA Momentum:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 07, 2019 | United States | Grant (prize money) | 4926 | - | |
Nov 07, 2019 | United States | Grant (prize money) | 7170 | - | |
Dec 12, 2018 | United States | Grant (prize money) | 9679 | - | |
Dec 19, 2017 | United States | Grant (prize money) | 9122 | - |
IPOs and Publicly Listed companies in BBVA Momentum's Portfolio
1 of BBVA Momentum's portfolio company became public - Otsimo.Here are BBVA Momentum's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 5199 |
Acquired companies in BBVA Momentum's Portfolio
2 companies from BBVA Momentum's portfolio have been acquired. The most recent acquisition was Naturelo in Oct 2020 by Arcadia Consumer Healthcare for $*****.Here are BBVA Momentum's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 15, 2020 | - | - | 4266 | |
Apr 22, 2015 | - | - | 1374 |
Co-investors of BBVA Momentum
Over the past 9 years, one investor has co-invested in BBVA Momentum's portfolio companies. This includes funds and angels.
- Invested after BBVA Momentum: Praxis (1 company) is the only investor which has invested in BBVA Momentum's portfolio after their investments.
