
Cardumen Capital
Description
Cardumen Capital is a prominent global venture capital and asset management firm with a strategic presence in Tel Aviv, Madrid, and Paris. The firm is dedicated to investing in world-class founders who are at the forefront of bringing future technologies into the present. With a strong focus on deep tech, Cardumen Capital targets innovative companies developing B2B software, cybersecurity solutions, artificial intelligence, big data analytics, IoT, and Industry 4.0 applications. Their investment strategy is centered on identifying disruptive technologies and scalable business models that address significant market needs.
The firm primarily invests in early-stage companies, typically from Seed to Series B rounds. Cardumen Capital manages several funds, demonstrating its commitment to various technology verticals. For instance, their Cardumen Capital Fund I closed at €60 million, while the subsequent Cardumen Capital Fund II significantly expanded their capacity with a close of €120 million. These funds underscore their increasing influence and ability to deploy substantial capital into promising ventures across their target sectors.
Cardumen Capital's typical initial investment ranges from €1 million to €5 million, often taking a lead or co-lead position in funding rounds. This translates to approximately $1.08 million to $5.4 million in USD, based on recent exchange rates. Beyond capital injection, the firm is known for its hands-on, value-add approach, providing portfolio companies with strategic guidance, access to new markets, and support in talent acquisition. They leverage their extensive network across Europe and Israel to facilitate growth and foster strategic partnerships for their portfolio companies.
Their unique positioning as a bridge between the vibrant Israeli tech ecosystem and the broader European market allows them to identify and nurture high-potential startups. Cardumen Capital's commitment to fostering innovation and supporting founders through critical growth stages makes them a significant player in the deep tech investment landscape. They aim to build long-term relationships with entrepreneurs, helping them scale their technologies and achieve global impact.
Investor Profile
Cardumen Capital has backed more than 37 startups, with 5 new investments in the last 12 months alone. The firm has led 11 rounds, about 30% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in Israel, United States, United Kingdom.
- Strong thematic focus on Artificial Intelligence (AI), Software, SaaS.
- Led 1 rounds in the past year.
- Typical check size: $1.1M – $5.4M.
Stage Focus
- Seed (57%)
- Series A (22%)
- Pre Seed (11%)
- Series B (5%)
- Series Unknown (3%)
- Convertible Note (3%)
Country Focus
- Israel (59%)
- United States (32%)
- United Kingdom (5%)
- Germany (3%)
Industry Focus
- Artificial Intelligence (Ai)
- Software
- Saas
- Machine Learning
- Enterprise Software
- Generative Ai
- Productivity Tools
- Information Technology
- Developer Tools
- Mechanical Engineering
Frequently Asked Questions
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