Antai Ventures Launches 100 Million Euro Necta Fund

Deal News | Feb 13, 2025 | Iberian Lawyer

Antai Ventures Launches 100 Million Euro Necta Fund

Gómez-Acebo & Pombo (GA_P) has provided legal counsel to Antai Ventures in the establishment of Necta Ventures, a planned 100 million Euro venture fund of funds. Banco Sabadell supports the project as an anchor investor with a 15 million Euro commitment. Necta Ventures desires to allocate capital into global funds targeting rapid-growth tech start-ups. The planned timeline anticipates the fund’s initial closing post-approval from CNMV, scheduled for March 2025. The advisory team from GA_P comprises members from their corporate and tax teams in Barcelona.

Sectors

  • Venture Capital
  • Financial Services
  • Legal Services

Geography

  • Spain – Gómez-Acebo & Pombo and Banco Sabadell are both based in Spain, and the legal advisory services were provided from the Barcelona office.

Industry

  • Venture Capital – Necta Ventures is a new venture capital fund that plans to invest in international funds focusing on high-growth technology start-ups.
  • Financial Services – Banco Sabadell, a financial institution, is involved as an anchor investor in the creation of Necta Ventures.
  • Legal Services – Gómez-Acebo & Pombo provided legal advisory services to Antai Ventures for the establishment of the venture fund.

Financials

  • 100 million Euro – The target size of the Necta Ventures fund.
  • 15 million Euro – The initial investment made by Banco Sabadell as an anchor investor in Necta Ventures.

Participants

NameRoleTypeDescription
Antai VenturesVenture Capital FirmCompanyA venture capital firm engaged in creating the Necta Ventures fund of funds.
Necta VenturesTarget Venture FundCompanyA newly established venture fund of funds aiming to invest in funds focusing on high-growth tech start-ups.
Banco SabadellAnchor InvestorCompanyA Spanish bank acting as the anchor investor for Necta Ventures with an initial investment.
Gómez-Acebo & Pombo (GA_P)Legal AdvisorCompanyA law firm providing advisory services for the creation of Necta Ventures, with a team from their Barcelona office.
Alex PujolCorporate Team MemberPerson
Andrea EsbrCorporate Team MemberPerson
Mnica MartellsCorporate Team MemberPerson
Beatriz RiverolaCorporate Team MemberPerson
Luis CuestaTax Team PartnerPerson