Bynd Venture Capital

Overview

Bynd Venture Capital is an Iberian venture capital firm founded in 2010, specializing in pre-seed and seed-stage investments in technology startups with ties to Portugal and Spain. It manages five investment vehicles and has invested in over 70 startups across sectors including AI, software, consumer goods, and sustainability tech. The firm provides hands-on strategic, fundraising, and operational support, with check sizes ranging from $250k to $700k, and recently launched its third fund of €40 million in 2024.

History

Bynd began in 2008 as a single business angel before evolving into a group of angels in 2010 and launching its first VC fund in 2015. It increased the first fund in 2017/2018, launched the second fund in 2019 with a rebranding to Bynd Venture Capital, and introduced its third fund in 2024. The firm has achieved over 10 exits from its portfolio of more than 70 Iberian startups.

Notable Products

• Bynd Fund I - First VC fund launched in 2015, focused on early-stage Iberian tech startups.
• Bynd Fund II - Second fund launched in 2019 after rebranding, continuing pre-seed and seed investments.
• Bynd Fund III - €40 million fund closed in November 2024 for pre-seed and seed tech startups in Iberia.

Reputation

Bynd is regarded as a key player in the Iberian VC ecosystem, valued for its regional expertise and support for early-stage tech founders aiming for global scale. Professionals note its agnostic sector approach and track record of 10+ exits as strengths. It maintains a low-profile presence with a small team across Lisbon, Madrid, and Barcelona.