Draper B1

Draper B1 is a prominent early-stage venture capital firm based in Valencia, Spain, established in 2020. As an integral part of the global Draper Venture Network, the firm leverages an extensive international ecosystem, providing its portfolio companies with access to a broader network of resources, expertise, and potential follow-on funding opportunities. Draper B1 primarily targets seed and early-stage B2B and B2B2C startups that demonstrate a clear global vision and scalability.

The firm's investment thesis is sector-agnostic within its B2B/B2B2C focus, but it shows a particular interest in emerging and high-growth areas. These include artificial intelligence (AI), Software-as-a-Service (SaaS), Fintech, Deeptech, Climate Tech, and Health Tech. Draper B1 seeks innovative companies with strong founding teams and disruptive solutions that can address significant market needs.

Draper B1 typically deploys initial investment tickets ranging from €100,000 to €500,000. Beyond the initial capital injection, the firm is committed to supporting its portfolio companies through their growth journey, offering follow-on investments that can extend up to €1.5 million. This approach underscores their long-term partnership model and belief in nurturing early-stage ventures.

Since its founding, Draper B1 has been highly active in the European startup ecosystem. The firm has made over 30 investments, demonstrating a consistent commitment to fostering innovation. Impressively, its portfolio companies have collectively raised more than €300 million in subsequent funding rounds, highlighting the quality and potential of the ventures Draper B1 backs. The firm closed its first fund at €15 million in 2022, solidifying its capital base for continued investment activity.