Asset manager GVC Gaesco presented on Thursday a venture capital fund focused on AI startups with a target size of €50 million, accessible to retail investors with a minimum ticket of €10,000.
During a telematic conference, Paco Illueca, General Director of Alternative Investments at GVC Gaesco, together with general partners Patricia Pastor and Rubén Colomer, detailed the fund—named “Next Tier GVC Gaesco” and structured as a venture capital company (SCR).
Democratizing Venture Capital
Illueca highlighted the legal structure of the vehicle, emphasizing that although it is primarily designed for professional investors with a minimum ticket of €100,000, they have also left the door open to retail investors with contributions ranging between €10,000 and €100,000.
“It is the first venture capital investment vehicle we are launching at GVC Gaesco,” he noted, adding that this fund marks a change in the investment in unlisted companies, which “historically has not been so accessible to the retail investor.”
Investment Strategy
Patricia Pastor focused on the fund’s intention to invest in seed-stage companies. “We are targeting young companies that are not just ideas, but that are already in the market, established, and simply need financial support to continue growing,” she explained.
The strategy focuses on B2B companies enhancing digital transformation through AI. “The idea is to invest in about 30-35 companies, always focused on Spain and Europe…and opportunistically in the United States,” she added, noting that the average investment per company will be around €600,000.