Organization · Venture Capital
BackFund
BackFund is a venture capital firm based in Madrid and London, focusing on seed-stage investments in deep-tech startups. The firm aims to support entrepreneurs in transforming applied research into scalable products while bridging local development with global markets.
Overview
What BackFund does
What BackFund is
BackFund is a venture capital firm based in Madrid and London, focusing on seed-stage investments in deep-tech startups. The firm aims to support entrepreneurs in transforming applied research into scalable products while bridging local development with global markets.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2021
- Approximate age
- About 5 years
- Structured capabilities
- Funder
- Last reviewed
- April 28, 2026
Official channels
Find BackFund elsewhere
Open the official website or a supported primary organization account.
Capability profile
BackFund as a funder
Investment thesis
BackFund backs early teams using technology to build scalable global companies from Europe, focusing on deep tech and energy transition.
Focus narrative
BackFund invests primarily in seed-stage startups, with a focus on deep tech, energy transition, space technology, agrotech, and AI & quantum infrastructure. The firm seeks to support teams that are building global companies while harnessing local development.
Value beyond capital
BackFund provides not only capital but also strategic support, technical help, and access to a network of experienced entrepreneurs and operators. The firm emphasizes co-building with portfolio companies to help them scale effectively.
Terms and economics
- Typical check
- $50,000–$150,000
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- Europe · Global
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 16
Portfolio context
BackFund's portfolio includes notable companies such as: Nester: Automates real estate operations including contracts and scoring. QSimov: Develops efficient AI and quantum-inspired models for edge devices. QCentroid: Provides a single API to test and benchmark quantum solutions. Dolfin: Automates sales commissions with real-time dashboards. Imageryst: Converts satellite images into AI geospatial data. Emocional: Offers on-demand mental and wellness support for teams. Cober.io: Provides embedded insurance solutions via instant WhatsApp bots. 1forAll.ai: Uses generative AI to turn ideas into full product plans. AirCO2: Tracks and offsets corporate carbon footprints.
Common questions
What to know about BackFund
Upseed classifies BackFund under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 28, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.