Seed VC, Barcelona

Encomenda Smart Capital

Venture capital firm · Barcelona · Founded 2017

Quick read

Encomenda Smart Capital is a seed-stage VC founded in 2017 and headquartered in Barcelona, Spain. Run by serial founders, it backs pre-seed and seed technology startups primarily in Spain and Portugal, writing initial tickets of €100K–€500K with follow-on capacity up to €3M. Its second fund targeted €40–50M, with a €15M first close already confirmed.

Key facts

Founded
2017
Founders
Carlos Blanco, Oriol Juncosa
Employees
2-10
Sectors
generalist, saas, ai, fintech
Website
encomenda.com

Investment thesis

Encomenda backs technology-driven pre-seed and seed founders in Spain and Portugal — primarily SaaS, AI, and fintech — writing €100K–€500K initial tickets and following on up to €3M, with capital sourced from family offices and successful entrepreneurs.

Recent activity

  • Mar 2026fundraise
    Encomenda Capital announced a successful raise of €9.5 million for its Encomenda Seed II fund, targeting pre-seed and seed stage investments. superscout.co
  • Mar 2026investment
    Encomenda backed Bcount in a $1.0M seed round, the firm's latest tracked deal per available data. startupintros.com
  • Jul 2025investment
    Encomenda led a pre-seed round of €670,000 in Metly, a startup targeting deal-search in the pharmaceutical sector. cbinsights.com
  • 2025press
    Two portfolio companies, Uxia and Bronze, appeared in El Referente's 2026 startup radar, which highlights early signals of product-market fit and strong early metrics. Bronze counts KFC, Goiko, and Taco Bell among its clients. es.linkedin.com
  • 2025press
    Several Encomenda portfolio companies appeared in the Deloitte Fast 50 ranking: Amphora Logistics, Chekin, Nemuru, and Aquí tu Reforma from Fund I; FitnessKPI from Fund II; and Fudeat and Exoticca from Palladium. es.linkedin.com
  • 2025press
    Carlos Blanco participated in the private capital event "Perspectivas del Capital Privado en España". es.linkedin.com
  • Mar 2026investment
    Encomenda backed Bcount in a $1.0M Seed round, the firm's latest tracked deal. startupintros.com
  • Nov 2025investment
    Uxia closed a €1M round led by Abac Nest, with Encomenda participating alongside business angels. cbinsights.com
  • Jul 2025investment
    Metly closed a €670,000 pre-seed round led by Encomenda to accelerate deal sourcing in the pharmaceutical sector. cbinsights.com
  • 2025press
    Pluxee acquired Cobee, a portfolio company backed by Encomenda (then ESC Venture Capital SGEIC) from its pre-seed stage in October 2018. es.linkedin.com
  • 2025press
    Two Encomenda portfolio companies — Uxia and Bronze — appeared in El Referente's 2026 startup radar, which flags early-stage companies showing product-market fit and solid early metrics. es.linkedin.com
  • 2025press
    Several Encomenda portfolio companies ranked in the Deloitte Fast50: Amphora Logistics, Chekin, Nemuru, and Aqui tu Reforma from Encomenda I; FitnessKPI from Encomenda II. es.linkedin.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Carlos Blanco · Managing Partner & Co-Founder
    LinkedIn
  • Oriol Juncosa · Co-Founder & Managing Partner
    LinkedIn
  • Merce Tell · General Partner
    LinkedIn
  • Marçal Llobet · Analyst / Early-Stage Sourcing
    LinkedIn
  • Marta Sentís · Investment Director

Sources

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Frequently asked

What is Encomenda Smart Capital?+

Encomenda Smart Capital is a seed-stage VC founded in 2017 and headquartered in Barcelona, Spain. Run by serial founders, it backs pre-seed and seed technology startups primarily in Spain and Portugal, writing initial tickets of €100K–€500K with follow-on capacity up to €3M.

Where is Encomenda Smart Capital headquartered?+

Encomenda Smart Capital is headquartered in Barcelona, Spain.

When was Encomenda Smart Capital founded?+

Encomenda Smart Capital was founded in 2017 by Carlos Blanco, Oriol Juncosa.

What sectors does Encomenda Smart Capital invest in?+

Encomenda Smart Capital focuses on generalist, saas, ai, fintech. They primarily invest in these sectors.

How do I prepare for a meeting with Encomenda Smart Capital?+

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Generated by briefthecall.com from public web sources. Last updated July 8, 2026. Each claim is linked to its source above.

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