
SETT (Spanish Society for Technological Transformation) focuses its investments on early-stage, impact-driven digital deeptech startups across Europe, with a particular emphasis on Spain. Its strategy involves channeling funds through initiatives like the Next Tech fund to stimulate private investment and support companies in strategic sectors such as artificial intelligence, digital security, and the Internet of Things, aiming to drive digital transformation and address societal and environmental challenges.
50% of their portfolio is in Hardware & Semiconductors. Deal activity decreased year-over-year (1 deals in the last 12 months vs 3 prior). Their most common stage is series-c (50% of deals). Average disclosed round size is $48.5M (across 4 rounds with reported amounts).
Portfolio
4
Fund Size
—
Top Stage
Series C
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| LLace Lithography | Series A | $40M | Mar 2026 |
| SSateliot | Series B | $70M | Mar 2025 |
| MMultiverse Computing | Series C | $73.0M | Mar 2025 |
| Series C | $10.8M | Feb 2025 |
Top Co-Investors
Last updated: 28 April 2026