Mondragón Corp.

What they do

Founded in 1956, Mondragón Corporation is the leading business group in the Basque Country and a global benchmark for cooperative work, comprising 81 cooperatives and over 70,000 employees. Beyond its core operations, it operates a dedicated Corporate Venture Capital platform called MONDRAGON Ventures. This venture arm invests strategically in startups to foster open innovation, diversification, and new business generation for its cooperative ecosystem. It is highly regarded in the Spanish and European ecosystems for providing startups with robust industrialization support, manufacturing capabilities, and direct commercial synergies.

What they look for

MONDRAGON Ventures seeks to invest in innovative startups that can generate long-term technological, market, or business model synergies with its existing cooperatives. They aim to act as a reliable "Industrial and Market Partner" for entrepreneurs, helping them scale physical products, deep tech, and B2B solutions.

Stage

Pre-seed, Seed, Series A

Sectors

SaaS, AI, Healthcare, Climate, Deeptech, Food and agriculture, Mobility and logistics, Fintech

Based

Mondragón, ES