BBVA: Invests €15 million in Leadwind startup fund
- BBVA will invest a total of 15 million euros in Leadwind, a venture capital fund managed by K Fund
- In this first phase, the fund will raise 140 million euros to support technology companies in Spain, Portugal
- Leadwind has secured capital commitments from corporate investors such as Telefónica, Global Omnium through GoHub
- K Fund’s intention is to raise up to 250 million euros, so it is still open to new investors
- Leadwind represents the largest fundraising by an independent fund manager in Spain
- The firm was one of the first institutional investors to invest in companies such as Factorial, Exoticca
