Bullnet Capital

Bullnet Capital is a prominent independent venture capital firm based in Pozuelo De Alarcón, Spain, specializing in deep tech investments. Established in 2001, the firm has a long-standing commitment to fostering technological innovation within Spain, primarily targeting early-stage companies at the Seed and Series A stages. Their investment philosophy centers on identifying startups with strong technological differentiation and global market potential, underscoring their dedication to supporting groundbreaking Spanish ventures.

The firm's investment thesis is sharply focused on disruptive technologies that are poised to reshape industries. This includes, but is not limited to, areas such as Artificial Intelligence, Big Data, Cybersecurity, Advanced Materials, Photonics, Quantum Computing, Blockchain, and Robotics. Bullnet Capital actively seeks out companies that are developing proprietary, defensible technology, providing not just capital but also strategic guidance and access to their extensive network to help these deep tech ventures scale.

Bullnet Capital has a history of managing multiple funds, with their latest being Bullnet Capital III, which successfully closed at €40 million in 2021. This fund is specifically earmarked to invest in approximately 15 to 20 companies, reinforcing their selective and focused approach to portfolio building. For initial investments, Bullnet Capital typically deploys first cheques ranging from €1 million to €3 million, demonstrating their capacity to provide substantial early-stage funding for capital-intensive deep tech development. The firm also reserves capital for follow-on rounds, indicating a long-term commitment to their portfolio companies' growth trajectories.