Nauta Capital Closes $150M Third Fund

Spanish venture capital firm Nauta Capital has closed its third fund, Nauta III, with $150 million in commitments. The fund is roughly twice the size of the firm’s previous fund. Nauta has already closed seven investments out of the new fund, and aims to back about 20 companies over the next year and a half. The firm, which has offices in Boston and Barcelona, focuses on early stage tech companies.

Nauta has announced the final closing of its fundraising period for Nauta III with $150M in confirmed commitments.
The Nauta III fund is approximately twice the size of the previous Nauta II fund ($72M).
Nauta currently manages $240M across its three funds (Nauta I, II and III), and is confirmed as the largest independent Venture Capital firm in Spain, and one of the leading Venture Capital players in Europe. Nauta also has presence and investment activity in the US.
Nauta III, which already has 7 portfolio companies that were invested in 2010 and so far in 2011, aims to invest in a total of approximately 20 companies. Nauta III will invest most of the portfolio during 2011 and 2012.
Nauta’s portfolio is enjoying exceptional results, with annual revenue growth (CAGR) of 70% since 2008.
Nauta Capital has offices in Europe (Barcelona) and the US (Boston).
Nauta invests in early stage technology companies (Seed, Series A and B) in Europe and the US.

Nauta Capital has today announced that its Nauta III fund has reached $150M in commitments and the firm thus closes its fundraising period for this fund. With this new fund, Nauta consolidates its position as the largest independent Venture Capital firm in Spain with a total of $240M under management. Nauta is now positioned as a leading Venture Capital firm in Europe, and one of the few that has managed to raise a fund of or above $150M, and thus has relevant investment capacity within its target segment of early stage technology companies.

Nauta has offices in Europe (Barcelona) and the US (Boston). Nauta invests between $0.7M and $10M in companies in the technology sector, with an average investment size of $7M per investment. Nauta has a current portfolio of 20 companies across three industry sectors: Mobile/Telecommunications, Enterprise Software/Security and e-Commerce/Internet. Nauta’s target companies for investment are in their very early stage of development (Seed Capital) and until more advanced stages of development (Series A and Series B financing rounds). Nauta currently invests in Western Europe and the US.

One of the most active investors in 2010-2011
Since the launch of its investment period in early 2010, Nauta III has made 7 new investments: Abiquo, Groupalia, and Yuilop in Spain; Cluster Mobile in the USA; and Flirtomatic, Basekit and Site Intelligence in the UK. In addition, Nauta’s portfolio (Nauta I and II) is also composed of leading technology companies such as Privalia, Scytl, Jitterbug, Agnitio, Fizzback, Mobile Aware, and Carrier IQ.

One of the most active co-investors
Nauta’s portfolio companies have closed transactions with many of the top European and US funds including Balderton Capital, Index Ventures, Charles River Ventures, Advent Venture Partners, Accel, GA, Highland Capital, Insight Venture Partners, Doughty Hanson, Intel Capital, Eden Ventures, Mangrove Capital, Court Square Ventures, Sumitomo and Elaia Partners.