Sitka Capital logo

Sitka Capital

Europe, Catalonia, Spain, Barcelona

Description

Sitka Capital is a Barcelona-based venture capital firm specializing in early-stage investments, primarily targeting pre-seed and seed-phase startups. Established in 2017, the firm plays a crucial role in nurturing emerging companies within the Spanish and broader European tech ecosystems. Their investment strategy is centered on identifying innovative ventures with high growth potential, providing not just capital but also strategic guidance and operational support to founders during their critical initial development stages.

The firm typically deploys initial cheques ranging from €50,000 to €200,000, which translates to approximately $54,000 to $216,000 based on recent exchange rates. Sitka Capital is also active in co-investment scenarios, collaborating with other venture funds and angel investors to facilitate larger funding rounds. While sector-agnostic in principle, they show a strong inclination towards disruptive technologies and business models across various digital sectors, including Software as a Service (SaaS), Marketplaces, Fintech, Deeptech, E-commerce, Digital Health, Proptech, Edtech, Gaming, and Web3. This broad focus allows them to build a diversified portfolio reflective of the evolving tech landscape.

Sitka Capital's approach extends beyond initial funding, as they are committed to supporting their portfolio companies through subsequent follow-on rounds, demonstrating a long-term partnership perspective. Their team leverages deep industry expertise and a robust network to help startups scale, navigate market challenges, and achieve sustainable growth. By focusing on the foundational stages of startup development, Sitka Capital aims to be a foundational partner for entrepreneurs, contributing significantly to the vibrancy and innovation of the startup scene from its base in Barcelona.

Investor Profile

Sitka Capital has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 41% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Angel rounds (top funding stages).
  • Majority of deals are located in Spain.
  • Strong thematic focus on E-Commerce, Software, Internet.
  • Typical check size: $54K – $216K.

Stage Focus

  • Seed (59%)
  • Series Unknown (18%)
  • Angel (9%)
  • Pre Seed (9%)
  • Series A (5%)

Country Focus

  • Spain (100%)

Industry Focus

  • E-commerce
  • Software
  • Internet
  • Saas
  • Social Media
  • Fashion
  • Marketplace
  • Apps
  • Security
  • Human Resources
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Sitka Capital frequently co-invest with?

Alva House Capital
Europe, Catalonia, Spain, Barcelona
Co-Investments: 2
Bankinter
Europe, Madrid, Spain, Madrid
Co-Investments: 2
Ona Capital Privat SCR SA
Europe, Catalonia, Spain, Manlleu
Co-Investments: 1
Faraday Venture Partners
Europe, Madrid, Spain, Madrid
Co-Investments: 1
Keiretsu Forum
North America, California, United States, Orinda
Co-Investments: 1
CD
Europe, Catalonia, Spain, Barcelona
Co-Investments: 1
Intelectium
Europe, Catalonia, Spain, Barcelona
Co-Investments: 2
ESADE BAN
Europe, Catalonia, Spain, Barcelona
Co-Investments: 1
Conector Startup Accelerator
Europe, Catalonia, Spain, Barcelona
Co-Investments: 3
Inveready
Europe, Catalonia, Spain, Barcelona
Co-Investments: 2

Which angels does Sitka Capital often collaborate with?

BD
Europe, Leeds, United Kingdom
Shared Deals: 1
HA
Europe, Madrid, Spain, Madrid
Shared Deals: 1
XV
Europe, Catalonia, Spain, Barcelona
Shared Deals: 1
HM
Europe, Pais Vasco, Spain, Bilbao
Shared Deals: 1
ED
Europe, Catalonia, Spain, Barcelona
Shared Deals: 1
Marc Fabregat
Europe, Catalonia, Spain, Barcelona
Shared Deals: 1
CB
Europe, Catalonia, Spain, Barcelona
Shared Deals: 2
Shared Deals: 1
AS
Europe, Andorra
Shared Deals: 1

What are some of recent deals done by Sitka Capital?

Colvin

Barcelona, Catalonia, Spain

The Colvin Co is an Spanish online flower shop that offers a wide range of bouquets at accessible prices.

ClassifiedsE-CommerceFlowersInternet
SeedDec 18, 2017
Amount Raised: $2,356,781
Foodie&Tours

Barcelona, Catalonia, Spain

Foodie&Tours is a one-stop shop for traveling foodies to find and book culinary experiences.

TourismTravel
Pre SeedMar 10, 2017
Amount Raised: $266,831
Fotawa

Barcelona, Catalonia, Spain

Fotawa is a food delivery service company specializing in delicious balanced food prepared by chefs.

CookingFood and BeverageFood DeliveryFood ProcessingRecipes
SeedDec 1, 2016
Amount Raised: $127,966
Ursulitas

Barcelona, Catalonia, Spain

Ursulitas is a manufacturer of shoes for women.

FashionManufacturingShoes
SeedJun 1, 2016
Amount Raised: $123,037
Deliberry

Barcelona, Catalonia, Spain

Deliberry is the leading food marketplace in Spain, with a disruptive model that is changing the consumer sector and buying habits.

DeliveryDelivery ServiceFood DeliveryInternetMarketplace
SeedMar 14, 2016
Amount Raised: $3,331,005
Talent Clue

Barcelona, Catalonia, Spain

Talent Clue is a recruitment software that automates and optimizes the entire hiring process of a company.

EmploymentHuman ResourcesRecruitingSoftware
SeedJul 21, 2015
Amount Raised: $1,640,628
IGlobalMed

Madrid, Madrid, Spain

IGlobalMed is a website that offers medical services of the most prestigious clinics in Spain at discounted prices.

Health CareHealth DiagnosticsMedical
SeedJun 19, 2015
Amount Raised: $340,583
eSportics

Valencia, Comunidad Valenciana, Spain

eSportics is a software to organise, manage and promote sport tournaments, combined with social network.

SaaSSocial MediaSoftwareSports
SeedJun 5, 2015
Amount Raised: $111,135
Relendo

Valencia, Comunidad Valenciana, Spain

Relendo is an online platform which allows users to rent personal goods to those who are in the same area.

Collaborative ConsumptionE-CommerceOnline PortalsPeer to PeerRental
SeedMar 11, 2015
Singularu

Valencia, Comunidad Valenciana, Spain

Singularu is an e-commerce site that that enables its users to purchase custom-made jewelry.

E-CommerceFashionJewelry
SeedMar 9, 2015