Venture Capital

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Pascual Innoventures

Pascual Innoventures is a corporate venturing vehicle in the agricultural food industry. It invests in startups aligned with Pascual's strategic vision and...

Pascual Innoventures logo

Pascual Innoventures

Pascual Innoventures is a corporate venturing vehicle in the agricultural food industry. It invests in startups aligned with Pascual's strategic vision and supports growth through collaborations and programs. Founded in 2021 in Madrid, Spain, Pascual Innoventures has made 25 investments, including a Seed VC investment in Agua Miia on November 01, 2025.

General information

Firm type

Venture Capital

Year founded

2021

AUM

Undisclosed

Location

Region

Europe

Country

Spain

City

Madrid

Corporate office

Madrid, Spain

Principals

Gabriel Torres Pascual

CEO

Tomás Pascual Gómez-Cuétara

President of Calidad Pascual

Sector focus

Food & BeverageAgriTech & FoodTechSustainability

Frequently asked questions

Who runs investment decisions at Pascual Innoventures?

Gabriel Torres Pascual, a third-generation member of the Pascual family, leads the venture unit as CEO. He reports into the broader Calidad Pascual group governance structure, where Tomás Pascual Gómez-Cuétara serves as president of the parent company.

How is Pascual Innoventures related to Calidad Pascual?

Pascual Innoventures is the wholly-owned corporate venture and innovation arm of Calidad Pascual, the Spanish dairy and beverages multinational. It does not manage third-party capital and operates as an extension of the parent company's balance sheet rather than as an independent fund.

What is Mylkcubator and how does it fit into the firm's strategy?

Mylkcubator is a Madrid-based incubation and acceleration program operated by Pascual Innoventures. It focuses on cellular agriculture and precision-fermentation startups developing animal-free dairy proteins and ingredients, giving Calidad Pascual early access to technologies that could reshape its core product categories.

Does Pascual Innoventures participate in fund commitments or only direct deals?

The firm primarily makes direct venture investments and runs its own accelerator programs. There is no public record of Pascual Innoventures committing as a limited partner to third-party venture funds; its model centers on direct corporate venture capital from the parent company's resources.

What is the firm's geographic investment focus?

Pascual Innoventures invests primarily in Spain and has a secondary focus on India, where the Calidad Pascual group participates actively in the Impact Investors Council. The Mylkcubator program sources startups globally but emphasizes European food-tech founders.

Where does the underlying wealth come from?

The wealth originates from Calidad Pascual, the Spanish family-owned food and beverage group founded by Tomás Pascual. The group is known for dairy products under the Pascual brand and bottled water under the Bezoya label, with industrial operations concentrated in Castilla y León and Catalonia.

Does the firm maintain philanthropic structures, and how are they separated?

The family's philanthropic activity is channelled through the Fundación Tomás Pascual y Pilar Gómez-Cuétara, a separate foundation. This structure operates independently from Pascual Innoventures, which focuses exclusively on for-profit venture investments.

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