Nauta Capital
Also known as Nauta
Barcelona, Spain nautacapital.com
Nauta Capital’s latest fund is Nauta Tech Invest V: $220M, 2021, #175 of 427 firms by latest fund.
The numbers
| Year | Raised |
|---|---|
| 2017 | $170M |
| 2021 | $220M |
Updates from Nauta Capital
Overview
Pan-European early-stage investor in B2B software, typically writing first checks of €1M to €5M at late seed and Series A, with smaller pre-seed deep-tech bets through its Nauta Labs initiative. Its management company is a CNMV-regulated SGEIC registered in Barcelona, with a UK entity regulated by the FCA and a team in London. The fifth fund closed at €190M in November 2021 against a €150M target, bringing assets under management to more than €550M (the US$ figure is a conversion). Founding year is reported inconsistently (2004 and 2008); TechCrunch cites a first fund in 2006. TechCrunch also counted the 2016-vintage $170M fund as the third fund, while Spanish press names it Nauta Tech Invest IV.
Notable portfolio companies
Funds
| Fund | Closed | Size | Source |
|---|---|---|---|
| Nauta Tech Invest V | 2021 | $220M | prnewswire.co.uk |
| Nauta Tech Invest IV | 2017 | $170M | capital-riesgo.es |
LPs on the record
1 LP reports holding Nauta Capital’s funds.
Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.
Reported fund performance
As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.
| Fund | Vintage | Net IRR | Versus vintage (IRR) | TVPI | DPI | Reported by |
|---|---|---|---|---|---|---|
| Nauta Capital | — | N/M | — | — | KfW Capital |
KfW Capital: KfW Capital portfolio: venture capital and venture debt funds (a selection), as of October 11, 2026. KfW Capital, the venture capital arm of Germany's state development bank KfW, invests as a limited partner in European venture capital and venture debt funds. Its website names 83 fund managers it is invested with and says the list is a selection ("Eine Auswahl"), so it is not the whole portfolio. The page names managers, not the individual funds, and gives no amount, so each entry here is a manager's name as KfW Capital prints it and the commitment and every other amount, the vintage year, multiple and IRR are blank; nothing is converted from euro because no amount is published. Venture debt managers are in the list and are not marked as such. The page carries no date: the as-of date is the day it was read. View source
About this data
Fund sizes come from firm announcements, SEC filings, and press reports, converted to US dollars near the closing date. Compiled as of October 9, 2026. Notable portfolio companies are examples from public sources, not a complete list.