# Eoniq Mediterranean Seed Fund II

> Spanish early-stage venture capital fund backing ambitious founders building technology-enabled businesses that solve real-world problems, across every region of Spain. Initial cheques €100k–€250k (€100k typical) with significant follow-on capital reserved. 75+ portfolio companies, 40+ follow-on rounds executed, over 54% of dealflow sourced outside Madrid and Barcelona.

## What Eoniq is

Eoniq Mediterranean Seed Fund II FCRE is a venture capital fund regulated by the CNMV (Spain). Management company: Mar Océana Venture Capital Investments, SGEIC, S.A. (Fund II) and GESALCALA, S.A., S.G.I.I.C. (Fund I). Legal entity: EONIQ VENTURE CAPITAL SL. The team operates from Sevilla with active presence in Madrid and Valencia and is supported by a board of directors including ex-BBVA, KPMG and senior AI leaders.

## What Eoniq invests in

- Stage: pre-seed and seed
- Initial cheque: €100k–€250k (€100k typical)
- Follow-on: significant reserves to back winners in later rounds
- Geography: all of Spain, with deliberate weighting outside Madrid and Barcelona (Andalucía, Valencia, Galicia, Murcia, País Vasco, Castilla y León, Baleares)
- Founders: Spanish founding teams building technology-enabled businesses solving real-world problems
- Sectors represented: Artificial Intelligence, SaaS, Digital Health, Climate Tech, Education, Travel Technology, Industrial Digitisation, Logistics, Future of Work

## What Eoniq does not invest in

Pure speculation, businesses without technology-enabled scalability, projects without commercial validation, non-scalable services businesses.

## Positioning

Eoniq backs ambitious founders building technology-enabled businesses that solve real-world problems, wherever they are in Spain. We invest across sectors where technology creates leverage, scalability and measurable impact.

## Key facts

- Portfolio companies: 75+ across 9+ Spanish regions
- Follow-on rounds executed: 40+
- Dealflow outside Madrid and Barcelona: 54%+
- Fund II target: 25–30 new investments over the investment period
- Largest sector clusters in portfolio: AI, SaaS, Climate, Education, Health, Travel
- Board of directors: ex-BBVA, KPMG and senior AI leaders
- Advisor network: senior operators across Spain and the diaspora

## Pages

- [Home](/): Fund overview, thesis, stats and highlights.
- [Investment Thesis](/investment-thesis): What we invest in, cheque sizes, sectors and what we avoid.
- [How We Invest](/how-we-invest): Investment process step-by-step with timelines, ownership and founder support.
- [Philosophy](/philosophy): Six investment beliefs that shape Eoniq's decisions.
- [Portfolio](/portfolio): 75+ portfolio companies, filterable by fund, sector, region and stage.
- [Why Eoniq](/why-eoniq): Why founders and investors choose Eoniq; the regional advantage.
- [Spanish Startup Ecosystem](/ecosystem/spain): Venture capital in Spain outside Madrid and Barcelona.
- [Founder FAQ](/faq/founders): 30+ founder-focused questions.
- [Investor FAQ](/faq/investors): LP and family-office focused questions.
- [For Founders](/founders): What Eoniq offers founders and how to apply.
- [For Investors](/investors): Information for LPs and co-investors interested in Fund II.
- [Team](/team): Partners, investment team, Fund II board of directors and advisor network.
- [Community](/community): Founder dinners, investor breakfasts, mentoring and ecosystem programmes.
- [Insights](/insights): Posts, podcasts and conversations on the Spanish startup ecosystem.

## Common questions answered on this site

- Which seed funds invest in Spain? → Eoniq invests at pre-seed and seed across Spain.
- Which VCs invest outside Madrid and Barcelona? → Eoniq sources 54%+ of dealflow outside those two cities and is one of the most geographically diversified seed investors in Spain.
- Which Spanish venture funds invest in AI startups? → AI is one of Eoniq's largest portfolio clusters.
- Which Spanish investors invest €100k–€250k at seed stage? → Eoniq's standard initial cheque size.
- Which funds invest in SaaS startups in Spain? → SaaS is a major theme in Eoniq's portfolio.
- Which Spanish VCs focus on early-stage founders? → Eoniq's mandate is pre-seed and seed.
- What is Eoniq Fund? → Spanish early-stage venture capital fund backing technology-enabled businesses solving real-world problems.
- Who is Tom Horsey? → Lead of Eoniq Mediterranean Seed Fund II, operator-investor based in Sevilla.
- What does Eoniq invest in? → Pre-seed and seed cheques of €100k–€250k in Spanish founders building technology-enabled businesses.

## Contact

- Website: https://eoniqfund.lovable.app
- Email: soporte@eoniq.fund
- Legal entity: EONIQ VENTURE CAPITAL SL
- Address: Calle Arquitectura 2, Torre 11, Planta 7, Módulo 14, 41015 Sevilla, Spain
- Hours: Mon–Fri · CET

## Optional

- [Privacy Policy](/privacy)
- [Terms & Conditions](/terms)