SETT (Sociedad Española para la Transformación Tecnológica) is a Spanish public business entity established in 2024 to manage and coordinate public investments in advanced and transformative technologies, including digital transformation, microelectronics, semiconductors, telecommunications, and the audiovisual sector. It acts as a proactive co-investor alongside private capital to support start-ups and scale-ups in strategic tech sectors.
Deal activity decreased year-over-year (3 deals in the last 12 months vs 5 prior). Average disclosed round size is $150.0M (across 9 rounds with reported amounts).
Portfolio
15
Fund Size
—
Top Stage
Series C
Last 12 Mo
3
Team
Tyler Block
Managing Director
Douglas Slaughter
Director
Javier Ponce
General Director
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Multiverse | Series C | $570M | Jul 2026 |
 Lace Lithography | Series A | $40M | Mar 2026 |
| SSherpa.ai | Growth | $18M | Jan 2026 |
| OOpenchip | Series C | — | Jan 2026 |
| Lace Lithography | Series A | — | Dec 2025 |
 Multiverse Computing | Series B | $189M | Jun 2025 |
| Multiverse | Series B | $189M | Jun 2025 |
| SSateliot | Series B | — | Mar 2025 |
| Multiverse Computing | Series C | $73.0M | Mar 2025 |
 Wooptix | Series C | $10.8M | Feb 2025 |
| SSateliot | Growth | — | Jan 2024 |
| Multiverse | Series D | $220M | Jun 2022 |
| OOnalabs | Seed | — | Jan 2022 |
| OOnalabs | Series A | — | Sep 2021 |
| Multiverse | Series C | — | Jan 2021 |
 FOSSA Systems | Unknown | — | — |
| HHeuristik | Pre-Seed | — | — |
| SSensia | Unknown | — | — |
| SSubstrate AI | Unknown | — | — |
| KKumori | Seed | — | — |
| AADVANCED LITHOGRAPHY | Series A | $40M | — |
| KKaleidos | Series B | — | — |
Top Co-Investors
Last updated: 20 October 2026