Updated:
Smartech Capital
Smartech Capital is a Southern Europe-focused investment firm that invests in technology-based startups with validated products and a focus on...
Smartech Capital
Smartech Capital is a Southern Europe-focused investment firm that invests in technology-based startups with validated products and a focus on profitability. The firm has made 5 investments, including a Seed VC investment in Reloadly on September 26, 2019. Smartech Capital has 1 portfolio exit, with Amelia exiting on April 18, 2023.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Spain
City
Barcelona
Corporate office
Av. Diagonal, 403 – 2ª 4ª, 08008 Barcelona, Spain
Principals
Pere Vallès
Founder
Sergi Figueres
Team Member
Patricio Hunt
Team Member
Lluís Vidal
Team Member
Sector focus
Frequently asked questions
Who runs investment decisions at Smartech Capital?
The partnership is led by its four publicly named team members, with founders Pere Vallès and Lluís Vidal holding operating roles at Exoticca, and Patricio Hunt running Intelectium. The group lists six total partners and makes investment decisions collectively, drawing on their combined entrepreneurial and venture capital backgrounds.
How does Smartech Capital source its deals?
Smartech's deal flow runs through the operational networks of its partners. Pere Vallès is an Endeavor Entrepreneur and previously presided over the Barcelona Tech City cluster, while Patricio Hunt founded the Lead Angels investment club, creating personal pipelines into the Barcelona and Madrid startup ecosystems. The firm also mentors at the Founder Institute in both cities.
Does Smartech Capital lead rounds or follow other VCs?
Smartech's stated posture is to co-invest alongside venture capital funds rather than lead. The firm names the UK, France, and the US as co-investment markets and seeks to support deal flow originated by more established institutional investors in those geographies.
What stage and check size does Smartech Capital target?
The firm writes initial tickets between €50,000 and €100,000, targeting early-stage companies with validated products that are entering expansion phases. It looks for B2B or B2C models where technology serves as the primary competitive differentiator, and prefers capital-efficient businesses with a clear path to profitability.
How is Smartech Capital related to Exoticca and Intelectium?
Founder Pere Vallès serves as CEO of Exoticca and partner Lluís Vidal acts as COO of the same company, while partner Patricio Hunt is CEO of the Spanish accelerator Intelectium. Smartech sits as an independent investment partnership whose principals simultaneously run these operating companies, creating an integrated pipeline between the firm and its portfolio.
Does Smartech Capital maintain a philanthropic arm?
No philanthropic or foundation structures are publicly associated with Smartech Capital. The firm operates solely as a for-profit investment partnership based in Barcelona, with no disclosed giving vehicle or intergenerational wealth transfer mechanism.
What sectors does Smartech Capital explicitly avoid?
Smartech does not publish a list of excluded sectors. Based on its stated investment requirements, the firm is unlikely to pursue capital-intensive, low-margin industries or businesses where technology is not the primary competitive advantage, but no formal exclusion list exists.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: