Zubi Capital is a Madrid-based impact investment manager and the investment arm of Zubi Group, focused on venture capital and venture debt for companies tackling social and environmental challenges across climate, education, health, and financial inclusion. The firm backs early-stage impact-driven startups primarily in Iberia and Latin America, targeting market-rate returns alongside measurable positive impact.
Deal activity increased 100% year-over-year (2 deals in the last 12 months). Their most common stage is seed (44% of deals). Average disclosed round size is $3.8M (across 6 rounds with reported amounts).
Portfolio
25
Fund Size
—
Top Stage
Seed
Last 12 Mo
2
Team
Pedro Olazabal
Impact Director
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
25 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 one.five | Series A | — | Jan 2026 |
| OOne Five | Series A | — | Jan 2026 |
| OOne Five | Series A | — | Jan 2026 |
 One Five | Series A | — | Jan 2026 |
 Twinco Capital | Series B | — | Jan 2026 |
 TwinCo | Series B | — | Jan 2026 |
 Abvance Therapeutics | Seed | — | Jun 2025 |
 Ancilia | Unknown | $4.2M | Jul 2024 |
 Tupu | Seed | $3.2M | Oct 2023 |
| KKausal | Seed | — | Jan 2023 |
 ClimateTrade | Series A | — | Jan 2021 |
 Humara | Seed | — | — |
 Innomy | Unknown | — | — |
 Recovo | Seed | — | — |
| IInnomy | Unknown | — | — |
| MMyhixel | Unknown | — | — |
 Tupu | Seed | $3.2M | — |
| HHumara | Seed | — | — |
| IInnomy | Unknown | — | — |
| PPredictheon | Unknown | — | — |
 Tupu | Seed | $3.2M | — |
| IInnomy | Unknown | — | — |
 Senniors | Seed | $5.6M | — |
 Tupu | Seed | $3.2M | — |
 Humara | Seed | — | — |
Top Co-Investors
Zubi14 shared
WEPA Ventures4 shared
Speedinvest4 shared
Planet A4 shared
Revent4 shared
Green Generation Fund4 shared
Climentum Capital4 shared
IT-Farm Corporation4 shared
FoodHack4 shared
Clear Current Capital4 shared
FoodLabs4 shared
Rockstart4 shared
Ship2B Ventures3 shared
private angel investors2 shared
Working Capital Fund2 shared
Quona Capital2 shared
Mundi Ventures2 shared
FMO2 shared
TomorrowVentures1 shared
Canaan Partners1 shared
Last updated: 20 October 2026