Venture Capital

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Next Tier Ventures

Patricia Pastor and Ruben Colomer run Next Tier Ventures, a €50M Valencia-based fund that only backs B2B startups with AI at the core.

Next Tier Ventures logo

Next Tier Ventures

Next Tier Ventures is a €50M venture capital fund investing in B2B artificial intelligence startups from Seed to Series A stages.

General information

Firm type

Venture Capital

Year founded

AUM

€50M (per the firm)

Location

Region

Europe

Country

Spain

City

Valencia

Corporate office

Valencia, Spain

Principals

Patricia Pastor

General Partner

Ruben Colomer

General Partner

Roger Almuni

Principal

Jonathan Sultan

Investor Relations

Paco Illueca

GVC Gaesco

Silvia Solé

GVC Gaesco

Sector focus

AI/MLEnterprise SoftwareFinTechCybersecurityDigital HealthEducationMedia & EntertainmentLuxury

Frequently asked questions

Who controls investment decisions at Next Tier Ventures?

General Partners Patricia Pastor and Ruben Colomer lead the fund. Patricia Pastor brings experience scaling tech companies across Europe, while Ruben Colomer is a former tech entrepreneur who focuses on AI infrastructure and B2B SaaS. A Principal, Roger Almuni, supports portfolio companies with strategic growth, but final investment authority rests with the General Partners.

Does Next Tier Ventures invest outside Europe?

Yes. The fund explicitly covers Europe, North America, and Latin America. Its portfolio includes U.S.-based companies such as Symbe and Braingrid, indicating active deployment beyond its home market.

What is the minimum requirement for an AI component in a portfolio company?

The firm states it exclusively invests in startups where AI is the core driver of innovation. Bolt-on features or marginal AI applications do not qualify. The team looks for AI infrastructure plays, vertical-specific solutions in areas like healthcare and fintech, and B2B platforms where the business model depends on AI.

Does the fund participate in follow-on rounds or only initial investments?

The firm describes itself as an early-stage venture capital fund and states it supports startups through the growth phase. While the firm does not publish specific follow-on reserve ratios, the presence of an 'Expansion / Late Stage' strategy tag suggests capacity for follow-on capital.

How does the advisory network contribute to deal flow?

The fund lists a network of AI practitioners from Meta, Microsoft, Salesforce, Intel, and AWS who act as advisors. These individuals provide technical diligence, sector analysis, and introductions to founders within their respective ecosystems, functioning as a distributed sourcing mechanism for AI-native startups.

Is Next Tier Ventures a single-family office or institutional fund?

It operates as a venture capital fund, not a family office. The firm raised a €50M fund, has a team of investment professionals, and manages third-party capital rather than a single family's wealth.

What is the relationship between Next Tier Ventures and GVC Gaesco?

Two listed team members, Paco Illueca and Silvia Solé, are affiliated with GVC Gaesco, a Spanish financial group. The exact nature of the institutional relationship is not publicly detailed, but the affiliation likely provides access to financial infrastructure or a local investor network.

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