Valencia Institute of Finance

What they do

The Instituto Valenciano de Finanzas (IVF) serves as the primary financial policy instrument of the Valencian regional government. Established to complement traditional private banking, it injects liquidity into the region's productive fabric and corrects market failures. The IVF offers diverse financial products, including subsidized loans, participatory loans for innovative startups, and subordinated debt. Beyond direct lending, it acts as an anchor investor in regional venture capital vehicles to attract private capital to the Valencian entrepreneurial ecosystem.

What they look for

The IVF's core mission is to support the economic promotion policies of the Valencian government by financing strategic, innovative, and differential projects. For startups, their thesis revolves around public-private collaboration: they aim to act as a catalyst for private investment by offering matching funds (co-investment) to early-stage, highly innovative companies that struggle to access traditional bank financing due to a lack of historical track record. They look for highly innovative projects, micro-enterprises, and SMEs that have a registered office, production branch, or center of activity within the Valencian Community. For their startup lines, they explicitly require co-investment from private investors (e.g., business angels, VC funds), usually requiring the startup to have recently closed an equity round covering at least 50% of the requested financing.

Stage

Pre-seed, Seed, Series A, Series B+

Sectors

AI, Climate, SaaS, Deeptech, Healthcare, Food and agriculture

Based

Valencia, ES