Radar > 234723

Avet Ventures launches first investment vehicle

Avet Ventures lanza su primer vehículo propio de inversión

Intel ID : 234723
Synopsis

Avet Ventures will manage venture capital firm Strengzen Invest to invest in innovative companies, as published by newspaper Expansión on 15 March 2016, citing Santiago Pi-Figueras, Avet Venture's partner and president of Strengzen Invest.

Barcelona-based venture capital firm, Avet Ventures, created Strengzen Invest with EUR 1.4m, but it already has EUR 5m, and the final figure could range between EUR 6m and EUR 10m, according Santiago Pi-Figueras.

Strengzen will invest in innovative companies, not only technological, but also those engaged in more traditional sectors such as distribution or consumer goods. The objective, according to the president, is to carry out eight to ten investments with an average value between EUR 0.25m and EUR 0.3m.
(content in spanish)

Avet Ventures gestionará la sociedad de capital riesgo Strengzen Invest para invertir en compañías innovadoras, según ha publicado el diario Expansión el 15 de marzo de 2016, basándose en declaraciones de Santiago Pi-Figueras, socio de Avet Venture y presidente de Strengzen Invest.

La gestora barcelonesa de capital riesgo, Avet Ventures, ha constituido Strengzen Invest con unos recursos de EUR 1,4m, pero dispone ya de EUR 5m, y su cifra final podría situarse entre EUR 6m y EUR 10m, según Santiago Pi-Figueras.

Strengzen invertirá en empresas innovadoras, pero no exclusivamente tecnológicas, sino también en sectores más tradicionales como la distribución o el gran consumo. La intención, según el presidente de la firma, es ejecutar entre ocho y diez inversiones con un importe medio de entre EUR 0,250m y EUR 0,3m.

Intel ID 234723
Value EUR 5,00m (Approx.)
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.