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Investors / Spain / SETT

SETT

Investor · Spain · Europe

sett.gob.es

SETT is a Spanish public business entity that finances and invests in advanced and transformative technologies linked to digital transformation, telecommunications, microelectronics, semiconductors, disruptive digital technologies and the audiovisual sector. It manages funds from the PERTE Chip, the Next Tech Fund and the Spain Audiovisual Hub Fund under a single direction.

Invests inHealthcare & BiotechIndustrial & ManufacturingAI & Machine Learning

In its own wordssemiconductorsmicroelectronicsquantumartificial intelligencecybersecurityaudiovisual

Your fit with SETT

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31portfolio companies
18funding rounds on record6 led
15rounds, last 12 months
$5M to $20Mtypical round it comes in at
Series Amost frequent entry

SETT lists 31 checked portfolio companies on its own site and is named in 18 funding rounds, 6 of them as lead. Its most frequent entry is Series A, 46% of the companies with a known first round. Its largest themes are Healthcare & Biotech (23%), Industrial & Manufacturing (17%) and AI & Machine Learning (15%). 77% of its companies are based in Spain. It invests most often alongside Easo Ventures, BIC Gipuzkoa Berrilan and ForgePoint Capital.

Counts come from funding rounds that name SETT, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.

Entry stage

share of companies by the stage of its first round

SETT does not state its stages on its site, so only what it does is shown.

Show as a table
Share of companies by the stage of the firm's first round
Value
Pre-seed0%
Seed15%
Series A46%
Series B15%
Growth23%

Activity by year

rounds it joined, last 10 years
Show as a table
Funding rounds per year
TotalRounds it led
'1700
'1800
'1900
'2000
'2100
'2200
'2300
'2400
'2530
'26156

Investor profile

percentile among all firms
Portfolio size: 31 companiesRecent activity: 15 rounds in 12 monthsEarly stage: 15% of entries at pre-seed or seedEvidence: 35% of companies confirmed by a roundSector focus: 23% in its largest sectorReach: 7 countriesPortfolio size69th pctRecent activity97th pctEarly stage56th pctEvidence98th pctSector focus26th pctReach88th pct
This firmMedian of all firms
Show as a table
SETT compared with all firms
MeasurePercentile of all firmsValue
Portfolio size69th31 companies
Recent activity97th15 rounds in 12 months
Early stage56th15% of entries at pre-seed or seed
Evidence98th35% of companies confirmed by a round
Sector focus26th23% in its largest sector
Reach88th7 countries

Investment themes

share of its checked companies

This firmAll checked companies

Show as a table
Investment themes
This firmAll checked companies
Healthcare & Biotech23%15%
Industrial & Manufacturing17%7%
AI & Machine Learning15%18%
Cybersecurity11%4%
Fintech8%12%
Education8%7%
Enterprise Software6%8%
Space & Defense6%3%

Invests most often with

firms sharing its portfolio companies
Show as a table
Co-investors
Share
Easo Ventures3
BIC Gipuzkoa Berrilan2
ForgePoint Capital2
Scale Lab Andorra2
10x Group1
1517 Fund1
7percent Ventures1
Acurio Ventures1

All co-investors

Its portfolio companies

where they are based, and what their own sites show

Headquarters

Site status

  • Site answers3097%
  • No longer answers00%
  • Points to another company13%
  • Parked or sold domain00%

A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.

Compare SETT head to head

portfolio size, rounds, entry stages, themes and the companies both back

Three or more firms at once: portfolio overlap.

Recent portfolio activity

when companies last raised with SETT
DateCompanyStage
14 Oct 2026Qilimanjaroqilimanjaro.techSeries A
17 Sept 2026Nearby Computingnearbycomputing.comSeries C+
8 Sept 2026Denebmedicaldenebmedical.comSeries A
31 Jul 2026Kumorikumori.systemsSeed Led
27 Jul 2026Onalabsonalabs.comSeries A Led
27 Jul 2026Multiverse Computingmultiversecomputing.comSeries C+
6 Jul 2026Sherpa.aisherpa.aiSeries A
24 Jun 2026FOSSA Systemsfossa.systemsSeries B

Round details for SETT

Amounts, full round histories and every co-investor in SETT's rounds are on Fundup AI. VCinfo covers investors and their portfolios.

See rounds on Fundup AI →

Portfolio

31 companies checked against their own sites
CompanyWhat it doesThemesFirst round with itEvidence
Armilar Tech Transfer Fundarmilar.com · PortugalThe company invests in early-stage tech ventures in Europe.
FintechHealthcare & Biotech
Nov 2025Series AFunding round
CLCircularclcircular.comCLCircular provides a platform to digitize and monitor supply chains using sensors and data analytics.
Legal & ComplianceIndustrial & Manufacturing
Portfolio page
Clinicgramclinicgram.comClinicgram develops a software as a medical device to enable the management of chronic skin conditions directly from a smartphone.
Healthcare & Biotech
Portfolio page
Denebmedicaldenebmedical.com · SpainDeneb Medical develops and provides a spine surgery station to assist surgeons in all phases of spine procedures
Healthcare & Biotech
Sept 2026Series APage + round
Diamond Foundrydiamondfoundry.comDiamond Foundry develops and manufactures semiconductor-grade single-crystal diamond substrates for AI chips and other applications
Industrial & ManufacturingAI & Machine Learning
Portfolio page
FOSSAfossa.com · United StatesFOSSA automates and accelerates license compliance, security, and SBOM management for all third-party code
CybersecurityEnterprise Software
Portfolio page
FOSSA Systemsfossa.systems · SpainFOSSA Systems provides space-based solutions and infrastructure, including satellite IoT and satellite infrastructure products
Space & DefenseIndustrial & Manufacturing
Jun 2026Series BFunding round
Heuristikheuristik.comHeuristik provides biometric identification with AI for healthcare
Healthcare & Biotech
Portfolio page
Ideadedideaded.com · SpainIdeaded builds enabling technologies that extend computing beyond current silicon limits, combining advanced semiconductors and emerging quantum capabilities.
Robotics & HardwareAI & Machine Learning
Portfolio page
Kaleidoskaleidos.net · SpainKaleidos is a people-first, open-source tech company that builds digital products with a positive social impact.
EducationHealthcare & Biotech
Portfolio page
Kumorikumori.systems · SpainKumori provides a cloud platform facilitating the effortless delivery of cloud-based solutions and cloud-enabled enterprise applications.
Enterprise SoftwareCybersecurity
Jul 2026SeedPage + round
Lace Lithographylacelithography.com · NorwayLace Lithography develops BEUV atom lithography systems to enable the quantum future on an industrial scale.
Industrial & ManufacturingRobotics & Hardware
Mar 2026Series APage + round
Lookierolookiero.com · SpainThe company provides a personal shopping service online
E-commerce & MarketplacesFintech
Jan 2026RoundPage + round
LUMO Fund IIlumolabs.io · Netherlands
Healthcare & BiotechEducation
Mar 2026RoundFunding round
Multiverse Computingmultiversecomputing.com · SpainMultiverse Computing develops and provides artificial intelligence solutions and models for organizations to run secure and efficient AI
AI & Machine LearningCybersecurity
Jun 2025Series B · 2 roundsPage + round
Nearby Computingnearbycomputing.com · SpainNearby Computing provides a platform for deploying and governing artificial intelligence across various layers and sites
AI & Machine LearningEnterprise Software
Sept 2026Series C+Page + round
Nu Quantumnu-quantum.com · United KingdomNuQuantum develops quantum networking technology to scale quantum computers
Healthcare & BiotechIndustrial & Manufacturing
Portfolio page
Onalabsonalabs.com · SpainOnalabs develops and provides innovative biometric technologies for monitoring health and optimizing performance in real-time.
Healthcare & Biotech
Jul 2026Series APage + round
Qilimanjaroqilimanjaro.tech · SpainQilimanjaro builds analog, full-stack quantum computers.
EducationHealthcare & Biotech
Oct 2026Series APage + round
Quantix Edge Securityquantixedges.com · SpainQuantix Edge Security designs, tests, and personalizes secure semiconductors with digital identity, cryptography and hardware Root of Trust for connected devices and critical systems
CybersecuritySpace & Defense
Portfolio page

About this data

site last read 7 Nov 2026
The homepage of SETT, as last read
sett.gob.es as VCinfo last read it
Site
sett.gob.es
Last read
7 Nov 2026
Watching since
7 Nov 2026
Rounds since
18 Feb 2025
Companies checked
31

Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.

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