K Fund has another €70M to back early-stage Spanish startups and is launching a pre-seed program
https://techcrunch.com/2020/07/07/k-fund-ii/
K Fund is officially outing its fund II today, which sits at €70 million, up from €50 million the first time around.
The remit remains the same, however: targeting Spanish startups with an international outlook, the seed-stage firm plans to invest from €200,000 to €2 million, writing first checks in 25-30 companies. A portion of the fund will also be set aside for follow-on funding for the most promising of its portfolio.