Overview

What they do
The Instituto para la Competitividad Empresarial (ICE), historically known as ADE, is the economic promotion agency of the Junta de Castilla y León. It executes its investment strategy through Sodical Instituto Financiero, a public-private venture capital firm. Sodical acts as a financial partner for companies looking to establish, expand, or consolidate operations within the region. In late 2025, they significantly expanded their firepower by partnering with major Spanish family offices to co-invest in regional projects.
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What they look for
Their primary mandate is regional development. They invest to generate wealth and employment specifically within Castilla y León. They back projects that are technically, economically, and financially viable, with a focus on innovation, reindustrialization, and the use of "endogenous resources" (local materials/capabilities).
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Stage
Seed, Series A, Series B+
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Sectors
Food and agriculture, Climate, Healthcare
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Based
Arroyo de la Encomienda (Valladolid), ES
empresas.jcyl.es

Sources

2026-09-01empresas.jcyl.esPlataforma Financiera La Plataforma Ayudas Préstamos Capital Riesgo Programas de…
2026-09-01empresas.jcyl.esOficinas: C/ Jacinto Benavente, 2 47195 Arroyo de la Encomienda (Valladolid)

Portfolio, cheque size and the rest

The companies they have backed, the cheque they write, and whether they are deploying right now.

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