Archipelago Next

What they do

Founded in 2018 by leading Canary Islands business groups, Archipelago Next is the first VC fund born in the region. The firm acts as a bridge between traditional industrial capital and the digital economy, providing startups with strategic guidance, network access, and financial backing. They are highly regarded in the Spanish ecosystem for their founder-friendly approach and recently bolstered their market position by securing backing from Spain's Fond-ICO Global for their second fund.

What they look for

Archipelago Next invests in "exceptional founders" and teams that know how to execute. Their core thesis revolves around identifying early signs of product-market fit, specifically targeting highly scalable business models with real stickiness and solutions that act as "painkillers, not simple vitamins". They prioritize B2B SaaS models with recurring revenue, strong execution capabilities, and an international vocation from day one. They also highly value the quality of the founding team, analyzing projects across financial, legal, HR, and technological viability.

Stage

Pre-seed, Seed

Sectors

SaaS, AI, Proptech, Edtech, Cybersecurity, Consumer

Based

Las Palmas de Gran Canaria, ES