Addendum Capital

Addendum Capital focuses on early-stage investments, providing initial rounds of institutional capital to companies. The firm's public description and regulatory filings consistently identify early-stage equity as its core mandate. This includes seed and Series A equivalent rounds within the Spanish and broader Southern European markets.

Addendum Capital operates as a traditional private equity asset manager, not a single-family or multi-family office. Its corporate registration in Madrid and self-description as a private equity firm confirm a third-party capital management structure. No wealth-origin narrative — such as a founding family's operating business — has been tied to the firm in public disclosures.

Addendum Capital's disclosed strategy centers on direct equity investments into early-stage companies. The firm has not indicated a fund-of-funds allocation or a practice of committing capital to external private equity or venture funds. This direct-deal posture is consistent with a lean, early-stage investment firm without a multi-strategy platform.

Addendum Capital sources opportunities primarily within Spain and Southern Europe, leveraging its Madrid headquarters. Specific origination channels — such as accelerator partnerships, university spin-out relationships, or proprietary advisor networks — have not been detailed in public record. The firm's local presence suggests a reliance on on-the-ground networks rather than pan-European auction processes.

Addendum Capital has not published an explicit restricted-sector list or negative screening criteria. Given its early-stage equity focus, the firm is unlikely to meaningfully participate in infrastructure, real estate debt, or late-stage buyouts. Without a public investment policy statement, any sector exclusion should be considered unconfirmed.