ICF Capital
ICF Capital is a venture capital firm based in Barcelona, Spain, focused on Pre-Seed to Late Stage startups in SaaS & Enterprise, Artificial Intelligence, and Digital Health & HealthTech. This profile covers its focus and how founders can get in front of it in 2026.
ICF Capital is a management company that invest in Catalan companies from seed to private equity stages.
- Investment focus
- SaaS & EnterpriseArtificial IntelligenceDigital Health & HealthTechBiotech & PharmaClimate & EnergyManufacturing & Industrial
- Investment stages
- Pre-SeedSeedSeries ASeries BLate Stage
- Location
- Barcelona, Spain
- Team size
- 101-250
- Portfolio companies
- 116+
- Latest deal on record
- July 2026
About ICF Capital
ICF Capital is a venture and growth capital management firm from ICF. ICF is a public financial institution founded in 1985 and owned by the Government of Catalonia. Our mission is to foster and improve access to funding for companies that operate in Catalonia in order to contribute to the growth of the region's economy while complementing the private financial sector. ICF provides funding to Catalan companies and entrepreneurs. They assist them in their development and growth, generating value for society at large. The institution offers companies a range of products and services in the area of corporate finance, focusing on loans and guarantees and venture capital investments. ICF operates via a parent company, two subsidiaries (IFEM and ICF Capital), and an investee (AVALIS). ICF, through IFEM, supports the creation and growth of innovative start-ups through the investment in venture capital funds for seed segments and co-investment with private investors through participative loans.
Source: the organization's public company profile.
How to pitch ICF Capital
The founders who hear back from ICF Capital lead with traction and a clear ask that matches its stage, not a generic mass email. Build a targeted, verified list, write a personalized note, and track who opens it, all in one place.
Connect with ICF Capital
About this profile
This profile is part of Round Funded, an investor database and outreach platform for founders. It covers 60,000+ active VCs, angels, family offices and accelerators with verified contacts, lets you send pitches from your own Gmail, and includes a free Data Room for your raise. How this data is built.
Cite this page
Round Funded. "ICF Capital." Round Funded investor database, updated October 19, 2026.
Stable URL, it will not change: https://www.roundfunded.com/en/vc/icf-capital
Frequently Asked Questions
What does ICF Capital invest in?
ICF Capital focuses on SaaS & Enterprise, Artificial Intelligence, Digital Health & HealthTech, and Biotech & Pharma. Match your sector and stage before reaching out, then find similar active investors on Round Funded.
What stage does ICF Capital invest at?
ICF Capital focuses on Pre-Seed to Late Stage rounds. Lead with traction that fits the stage when you reach out.
Is ICF Capital actively investing?
Yes. Round Funded's research found that ICF Capital has made a new investment or run a new cohort since 2024, and its latest deal on record is from July 2026. Reach out with a personalized pitch that fits its stage and focus, then track who opens it.
Where is ICF Capital based?
ICF Capital is based in Barcelona, Spain. You can reach out from anywhere with a pitch that matches its focus.
How do I contact ICF Capital?
Unlock a verified email for ICF Capital and reach out with a personalized pitch on Round Funded. We show only deliverable contacts, so your outreach does not bounce.
What is Round Funded?
Round Funded is an investor database and outreach platform for startup founders. It lists 60,000+ active investors with verified contacts, filtered to recent investment activity, and lets founders send personalized pitches from their own Gmail, track replies, and share a free Data Room. Round+ starts at $99 per month with a 3-day trial.