It feels like just yesterday, but it has been nearly eight years since we penned the above words. Much has changed since then. We’ve encountered the unexpected, faced confusion, gained invaluable knowledge, and made many decisions - both right and wrong. Today, after all we’ve learned over the years, we are more certain than ever that we want to continue on the path we embarked upon almost a decade ago.
We refuse to stop now. In fact, it’s time to accelerate. We’re ready to go all in. With a new generation of technology advancing at an unprecedented pace, we are prepared to support all entrepreneurs eager to ride this wave.
To this end, we are pleased to announce that we have received more than €70 million in commitments for our new fund. Despite the challenging circumstances, we have achieved our goal in record time. K3 is now ready to take off.
The launch of this fund allows us to continue deepening the journey we began in 2016. Our mission remains unchanged: to provide the support we wished we had when we started our ventures to those aiming to create impactful companies. The swift market support we have received for this fund is a testament to the confidence leading entrepreneurs in Southern Europe have placed in us over the past eight years. Our success is their success. As we stated from the beginning: If you win, we win.
That is why today we are returning to our roots. Our founding manifesto, created eight years ago, is still as relevant a guide as ever, with one new focus: we aim to make an impact in Southern Europe.
1. We believe in entrepreneurs. We, as investors, strongly believe that entrepreneurs should lead the way.
2. We believe in technology and the Internet. We believe that we are at day one of a new era. That’s why we invest in scalable business models that improve people’s lives.
3. We believe that we need to get our hands dirty, because starting a company is tough.
4. We have a long-term vision, because building a great company takes time. We are focused on growing the pie and we’re not just looking out for our own share of it.
5. We believe in Southern Europe and in the potential of Southern European projects to evolve into global companies. We also believe that the entire ecosystem should wholeheartedly share this conviction.
6. We believe in complementary teams. We are a diverse team with backgrounds in venture capital, enterprise, scale-ups and start-ups, plus we have started many companies from scratch.
7. We believe in contributing, to be ‘givers’ rather than ‘takers’. That’s how ecosystems are built. This mentality is the foundation of a well-functioning ecosystem: to give back without expecting anything in return.
8. We believe that venture capital funds can add value. That’s the reason why we raised capital from some of the best Internet entrepreneurs and executives in Spain who want to contribute in creating great companies. They want to change things, and so do we.
9. We are aware of the risk implicit in venture capital: that’s why we aim to lead early stage rounds from €100,000 to several million euros.
10. We believe that venture capital can yield great returns by following the aforementioned principles.
And now, we’re ready to embark on a new journey. We are better prepared than we were eight years ago, more determined, more experienced, and better equipped to drive innovation forward. And we have the best and most committed team in the industry to do it.
Kfund’s range of vehicles provides entrepreneurs with funding from €100,000 to €10 million, making it the only fund manager in the region capable of supporting projects from pre-seed to Series B stages.
The launch of this new fund comes at a critical moment for the technological ecosystem. Equipped with the necessary resources, Kfund is ready to generate an immediate impact. In an increasingly dynamic and fast-paced environment, this new vehicle will empower the fund manager to support crazy, contrarian, and outlier entrepreneurs in creating and consolidating companies that will define the future of business in Southern Europe.
If you’re ready, so are we. Let’s talk and make things happen.
It feels like just yesterday, but it has been nearly eight years since we penned the above words. Much has changed since then. We’ve encountered the unexpected, faced confusion, gained invaluable knowledge, and made many decisions - both right and wrong. Today, after all we’ve learned over the years, we are more certain than ever that we want to continue on the path we embarked upon almost a decade ago.
We refuse to stop now. In fact, it’s time to accelerate. We’re ready to go all in. With a new generation of technology advancing at an unprecedented pace, we are prepared to support all entrepreneurs eager to ride this wave.
To this end, we are pleased to announce that we have received more than €70 million in commitments for our new fund. Despite the challenging circumstances, we have achieved our goal in record time. K3 is now ready to take off.
The launch of this fund allows us to continue deepening the journey we began in 2016. Our mission remains unchanged: to provide the support we wished we had when we started our ventures to those aiming to create impactful companies. The swift market support we have received for this fund is a testament to the confidence leading entrepreneurs in Southern Europe have placed in us over the past eight years. Our success is their success. As we stated from the beginning: If you win, we win.
That is why today we are returning to our roots. Our founding manifesto, created eight years ago, is still as relevant a guide as ever, with one new focus: we aim to make an impact in Southern Europe.
1. We believe in entrepreneurs. We, as investors, strongly believe that entrepreneurs should lead the way.
2. We believe in technology and the Internet. We believe that we are at day one of a new era. That’s why we invest in scalable business models that improve people’s lives.
3. We believe that we need to get our hands dirty, because starting a company is tough.
4. We have a long-term vision, because building a great company takes time. We are focused on growing the pie and we’re not just looking out for our own share of it.
5. We believe in Southern Europe and in the potential of Southern European projects to evolve into global companies. We also believe that the entire ecosystem should wholeheartedly share this conviction.
6. We believe in complementary teams. We are a diverse team with backgrounds in venture capital, enterprise, scale-ups and start-ups, plus we have started many companies from scratch.
7. We believe in contributing, to be ‘givers’ rather than ‘takers’. That’s how ecosystems are built. This mentality is the foundation of a well-functioning ecosystem: to give back without expecting anything in return.
8. We believe that venture capital funds can add value. That’s the reason why we raised capital from some of the best Internet entrepreneurs and executives in Spain who want to contribute in creating great companies. They want to change things, and so do we.
9. We are aware of the risk implicit in venture capital: that’s why we aim to lead early stage rounds from €100,000 to several million euros.
10. We believe that venture capital can yield great returns by following the aforementioned principles.
And now, we’re ready to embark on a new journey. We are better prepared than we were eight years ago, more determined, more experienced, and better equipped to drive innovation forward. And we have the best and most committed team in the industry to do it.
Kfund’s range of vehicles provides entrepreneurs with funding from €100,000 to €10 million, making it the only fund manager in the region capable of supporting projects from pre-seed to Series B stages.
The launch of this new fund comes at a critical moment for the technological ecosystem. Equipped with the necessary resources, Kfund is ready to generate an immediate impact. In an increasingly dynamic and fast-paced environment, this new vehicle will empower the fund manager to support crazy, contrarian, and outlier entrepreneurs in creating and consolidating companies that will define the future of business in Southern Europe.
If you’re ready, so are we. Let’s talk and make things happen.
