About K Fund
K Fund is a venture capital firm founded in 2016. It is primarily based out of Madrid, Spain. As of Aug 2026, K Fund is an active investor, having invested in 111 companies, with 24 new investments in the last 12 months. It primarily invests in Seed round in Spain based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Series C round of HappyRobot Overall, K Fund portfolio has seen 2 unicorns, 1 IPO and 9 acquisitions including key companies like Factorial, HappyRobot and Vitaance. A lot of funds co-invest with K Fund, with names like Kibo Ventures sharing a substantial percentage of its portfolio. K Fund has team of 23 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
K Fund's List of Top Investments
K Fund has a portfolio of 111 companies, including 2 unicorns. Their most notable investments are in Kosmo and The Honest Make Tank.Their portfolio spans across Spain, United States, Germany and 13 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 26 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by K Fund:1. Factorial
Provider of business management software for human resources and finance. The software automates repetitive tasks related to time management, talent acquisition, and payroll. It offers tools for employee performance tracking, onboarding, and training. The platform provides features for expense management, project oversight, and electronic signatures.
Key facts about Factorial
2. Hilo
Provider of continuous blood pressure monitoring devices and associated app. The device tracks blood pressure twenty-four hours a day, providing comprehensive data and insights. This allows users to identify patterns and trends in their blood pressure, understand the impact of lifestyle factors, and share this information with healthcare providers. The accompanying app offers personalized support and facilitates informed decision-making regarding health management.
Key facts about Hilo
- Founded Year: 2018
- Location: Neuchatel (Switzerland)
- Stage: Series B
- Total Funding till date: $119M
- Employee Count: 82 as on Jul 31, 2026
- Investors: Earlybird, Spark Capital and 14 Others
- Latest Funding Round: Series B, Jul 21, 2026, $*****
- Highlight: Editors' Pick
3. Exoticca
Provider of inclusive vacation packages including airfare, hotels, tours, and transfers. The company offers pre-planned trips to various destinations across multiple continents. These packages cater to different trip styles, such as seasonal, interest-based, and group-focused travel. Support is available through chat, help center, and messaging platforms.
Key facts about Exoticca
- Founded Year: 2013
- Location: Barcelona (Spain)
- Stage: Series D
- Total Funding till date: $117M
- Employee Count: 478 as on Jul 31, 2026
- Investors: 14W, Kibo Ventures and 25 Others
- Latest Funding Round: Venture Debt, Feb 10, 2025, $*****
- Highlight: Editors' Pick
4. Barkibu
Provider of health insurance and veterinary services for pets. It offers pet insurance that cover all visits, tests and treatments that your pet needs when visiting the vet due to an accident or illness.
Key facts about Barkibu
- Founded Year: 2013
- Location: A Coruna (Spain)
- Stage: Series A
- Total Funding till date: $12M
- Employee Count: 80 as on May 31, 2026
- Investors: Kima Ventures, Mundi Ventures and 15 Others
- Latest Funding Round: Venture Debt, Sep 28, 2023, $*****
- Highlight: Editors' Pick
5. Voicemod
Developer of a real-time voice modification and soundboard application. The application allows users to modify their voices in real-time. It provides sound effects for integration into voice chats and streams. The application offers voice creation and customization tools.
Key facts about Voicemod
- Founded Year: 2010
- Location: Valencia (Spain)
- Stage: Series B
- Total Funding till date: $22.6M
- Employee Count: 113 as on Jul 31, 2026
- Investors: K Fund, MK Venture Capital and 5 Others
- Latest Funding Round: Series B, Feb 24, 2023, $*****
- Highlight: Editors' Pick
K Fund's Year-on-Year Investment Trends
K Fund has invested in 111 companies over the last 10 years, with an average of 9 new investments annually in the last 10 years. In 2025, it made 27 investments, while as of Aug 2026, it has made 14 investments in this year. Its most recent first time investment was in HappyRobot and most recent follow-on round was in Zynap.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 13 | 1 | 14 |
2025 | 23 | 4 | 27 |
2024 | 8 | 1 | 9 |
2023 | 6 | 5 | 11 |
2022 | 9 | 6 | 15 |
2021 | 10 | 3 | 13 |
2020 | 8 | 5 | 13 |
2019 | 2 | 2 | 4 |
2018 | 7 | 0 | 7 |
2017 | 2 | 2 | 4 |
K Fund's Investments by Stage
K Fund has made 66 investments in Seed stage with an average round size of $3.63M, 19 investments in Series A stage with an average round size of $7.7M, 5 investments in Series B stage with an average round size of $33.5M and 1 investment in Series C stage with an average round size of $150M.Stage of entry | No. of Investments |
|---|---|
Seed | 66 |
Series A | 19 |
Series B | 5 |
Series C | 1 |
Note: We have considered here, only first round of investments
K Fund's Investments by Sector
K Fund has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, High Tech, Consumer and Vertical SaaS. Notably, it has invested in 99 Tech companies, 77 Software companies, 74 Enterprise (B2B) companies and at least 45 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 50 |
FinTech | 20 |
High Tech | 17 |
Consumer | 13 |
Vertical SaaS | 11 |
Others | 89 |
Note: We have considered here, only first round of investments
K Fund's Investments by Geography
K Fund has made most investments in Spain (54), followed by United States where it has made 18 investments.Country | No. of Investments |
|---|---|
Spain | 54 |
United States | 18 |
Germany | 3 |
France | 2 |
Mexico | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
K Fund's recent investments
K Fund has made 14 investments in 2026 so far. HappyRobot and Coverwatch are the latest among them.Here are the most recent investments by K Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 04, 2026 | United States | Series C | 2324 | [+10] | |
Jul 23, 2026 | United States | Seed | 7252 | [+2] | |
Jul 02, 2026 | Spain | Seed | 4565 | [+1] | |
Jun 16, 2026 | United States | Seed | 4365 | [+2] | |
May 29, 2026 | - | Seed | 4598 | [+4] |
Unicorns in K Fund's Portfolio
K Fund has 2 unicorns in its portfolio - HappyRobot and Factorial. The most recent unicorn in their portfolio is HappyRobot. It became a unicorn in 2026.Here is a list of unicorns in K Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Developer of an AI operating system for autonomous business operations | 2023 | San Francisco | Series C | xtvum{a | ||
78 | Provider of business management software for human resources and finance | 2016 | Barcelona | Series D | zyiahjd |
IPOs and Publicly Listed companies in K Fund's Portfolio
1 of K Fund's portfolio company became public - Salupro.Here are K Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | Jul 11, 2016 | Series A | 2269 |
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Acquired companies in K Fund's Portfolio
9 companies from K Fund's portfolio have been acquired. The most recent acquisition was Vitaance in Oct 2025 by PIB Group for $*****.Here are K Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 29, 2025 | Nov 29, 2021 | Seed | 9458 | |
Jun 18, 2025 | May 07, 2019 | Seed | 9281 | |
Mar 11, 2025 | Feb 02, 2022 | Seed | 8528 | |
Oct 03, 2023 | Jun 15, 2021 | Seed | 3593 | |
Jul 11, 2023 | - | - | 5677 |
Team profile of K Fund
K Fund has a team of 23 members including 7 Partners, 2 Venture Partners and 7 Principals located in Spain, United States and 3 more locations. K Fund's team does not sit on the board of any company as of now.Here is a list of top team members in K Fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Madrid | - | ||
Partner | Spain | - | ||
Partner | Spain | - | ||
Partner | - | - | ||
Partner | Barcelona | - | - | |
Partner | Madrid | - | - | |
Partner | Andorra | - | - | |
Venture Partner | Spain | - | ||
Venture Partner | Madrid | - | ||
Principal | Key Biscayne | - | ||
Principal | Mexico City | - |
Co-investors of K Fund
Over the past 10 years, 452 investors have co-invested in K Fund's portfolio companies. This includes funds and angels.
- Invested before K Fund: TheVentureCity, CDTI and 104 others have invested in rounds before K Fund. There are 2 companies where TheVentureCity has invested before K Fund and 2 companies where CDTI has invested before K Fund.
- Top Co-investors of K Fund: 254 investors entered a company along with K Fund. These include investors like Kibo Ventures (6 companies).
- Invested after K Fund: A total of 92 investors have invested in K Fund's portfolio after their investments. Top Investors include Bonsai Partners (3 companies), ICF (3 companies) and Y Combinator (3 companies).
Recent News related to K Fund
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HappyRobot Secures $150 Million Series C Funding to Expand Enterprise AI Agent PlatformIntelligentcio•Aug 04, 2026•HappyRobot, Prysm Capital, Koch Disruptive Technologies, Eurazeo and 11 others
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Coverwatch Raises $4.5M in Pre-Seed Funding for AI-Native Commercial BrokerageInsurance Journal•Jul 23, 2026•K Fund, Restive, Liquid 2 Ventures, Coverwatch
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Flyboard raises €1.9M pre-seed funding for AI voice agentsCapital•Jul 02, 2026•K Fund, Yellow Ventures, b2venture, Yellow.ai and 1 other
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Causa Prima: New AI Fintech Secures $10 Million Funding Round with Creandum InvestmentFinanceFWD•Jun 16, 2026•Creandum, K Fund, HelloWorld, KFUND and 6 others
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Theker raises over €70 million in Europe's biggest robotics Series AEl Referente•Jun 12, 2026•20VC Fund, TheKer, K Fund, LVMH and 10 others
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Bright Pixel Invests in Theker in Record €85 Million Round in European RoboticsSAPO•Jun 11, 2026•TheKer, Bright Pixel Capital, CRV, LVMH and 6 others
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Mafer AI Raises €2M To Build AI Platform For R&D Teams In Formulation IndustriesStartup Rise EU•May 29, 2026•Mafer, K Fund, Lavanda, 4Founders Capital
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Traza Closes $2.1M Pre-Seed FundingFinSMEs•Apr 15, 2026•Superscout, K Fund, Base10 Partners, Clara Ventures and 8 others
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Crescenta closes a €5 million funding round led by KfundEl Referente•Apr 08, 2026•Acurio Ventures, Crescenta, Endeavor, K Fund and 1 other
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Bliss raises $11M Series ALatamList•Mar 24, 2026•Bliss App, Bradesco Bank, Actyus, K Fund and 1 other
