# Adara Ventures: portfolio, investments and team

> Adara Ventures is a vc firm based in Luxembourg. 46 investments on record, 8 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/adara-ventures (Millionrounds; every figure on the page links to its filing or article)

Luxembourg · [Investor](https://millionrounds.com/investors)

# Adara Ventures

Last cheque observed Oct 2026; 46 cheques on record.

Email

Deploying now New fund $499K, May 2026 VC firm

Pre-seed Seed Series A Clothes Productivity Tools Collaboration Tools

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Deploying now

**67%** of best year **8** **cheques in 12 months**, 46 on record

Since the last cheque **16** days **00** hrs **00** min **00** sec

Median round **$6.5M** Cheque size, as they say **$100K – $5.0M** Rounds led **2 of 46** Sole investor **14 rounds** Exits **3 from the portfolio** Mostly in **Spain, 57%**

Pitch Adara Ventures

## Adara Ventures highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Series A and Seed: 61% of its rounds
- 03 Sole investor in 14 rounds, median $4.8M
- 04 3 exits from the portfolio

## What they do

> Adara Ventures | Early-stage European deep-tech VC From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Clothes Productivity Tools Collaboration Tools
- **Based in:** Luxembourg City, Luxembourg
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **46 appearances**

- **2026** 5 rounds
- **Oct** **[Goodweek](https://millionrounds.com/company/goodweek)** FR · The SaaS News **$12M** *Led*
- **Mar** **[Airflows](https://millionrounds.com/company/airflows)** Seed · ES **$2.3M** With 1 other
- **Mar** **[TuringDream](https://millionrounds.com/company/turingdream)** Seed · ES **$2.3M** Sole investor
- **Feb** **[AppFactor](https://millionrounds.com/company/appfactor)** Seed · GB **$4.0M** With 2 others
- **Jan** **[Articul8](https://millionrounds.com/company/articul8)** Series B · US · TechCrunch **$35M** *Led*
- **2025** 9 rounds
- **Dec** **[Kimera Technologies](https://millionrounds.com/company/kimera-technologies)** Seed · ES **$2.4M** Sole investor
- **Dec** **[Wodan AI](https://millionrounds.com/company/wodan-ai)** Pre-seed · BE **$2.3M** With 1 other
- **Dec** **[Adcities](https://millionrounds.com/company/adcities)** Seed · ES **$3.5M** With 1 other
- **Oct** **[AcoruAI](https://millionrounds.com/company/acoruai)** Series A · ES **$12M** With 1 other
- **Oct** **Prisma Photonics** Venture · IL **$30M** With 2 others
- **Oct** **[BEONx](https://millionrounds.com/company/beonx)** Venture · ES **Undisclosed** With 2 others
- **Jul** **[TuringDream](https://millionrounds.com/company/turingdream)** Seed · ES **$7.1M** Sole investor
- **Apr** **[Corinex](https://millionrounds.com/company/corinex)** Venture · CA **$30M** Sole investor
- **Jan** **[Intelex Vision](https://millionrounds.com/company/intelex-vision)** Series A · GB **$6.8M** With 2 others
- **2024** 5 rounds
- **Dec** **[JOTELULU](https://millionrounds.com/company/jotelulu)** Venture · ES **$7.1M** With 1 other
- **Nov** **[LoopUp](https://millionrounds.com/company/loopup)** Venture · GB **$16M** With 2 others
- **Oct** **[Cyber Guru](https://millionrounds.com/company/cyber-guru)** Series B · IT **$25M** With 3 others
- **Apr** **[indigitall](https://millionrounds.com/company/indigitall)** Series A · ES **$6.4M** With 1 other
- **Feb** **[WIVI Vision](https://millionrounds.com/company/wivi-vision)** Series A · ES **$4.3M** With 2 others
- **2023** 5 rounds
- **Sept** **[Bigle Legal](https://millionrounds.com/company/bigle-legal)** Grant · ES **$427K** With 2 others
- **Sept** **[Caravelo](https://millionrounds.com/company/caravelo)** Series A · ES **$3.7M** With 4 others
- **Sept** **[IOMED](https://millionrounds.com/company/iomed)** Series A · ES **$11M** With 4 others
- **Jun** **[Xonai](https://millionrounds.com/company/xonai)** Seed · GB **$3.5M** With 2 others
- **Apr** **[Kimera Technologies](https://millionrounds.com/company/kimera-technologies)** Pre-seed · ES **$729K** With 2 others
- **2022** 5 rounds
- **Oct** **[Stratio](https://millionrounds.com/company/stratio)** Series C · ES **$64M** Sole investor
- **Jul** **[Seedtag](https://millionrounds.com/company/seedtag)** Growth · ES **$255M** With 1 other
- **May** **[Komon](https://millionrounds.com/company/komon)** Pre-seed · US **$2.0M** With 3 others
- **May** **[Freeverse.io](https://millionrounds.com/company/freeverse-io)** Series A · ES **$11M** With 3 others
- **May** **[Quality Clouds](https://millionrounds.com/company/quality-clouds)** Growth · GB **$6.8M** With 1 other
- **2021** 1 round
- **Jul** **[Councilbox](https://millionrounds.com/company/councilbox)** Series A · ES **$5.9M** With 1 other
- **2019** 2 rounds
- **Jul** **[Hdiv Security](https://millionrounds.com/company/hdiv-security)** Venture **Undisclosed** With 2 others
- **May** **[SocialDice](https://millionrounds.com/company/socialdice)** Venture **Undisclosed** With 2 others
- **2018** 1 round
- **Sept** **[Hdiv Security](https://millionrounds.com/company/hdiv-security)** ES · Capital-riesgo **$1.0M** Sole investor
- **2016** 1 round
- **Jul** **[Yamsafer](https://millionrounds.com/company/yamsafer)** Series B **$6.5M** With 1 other
- **2015** 2 rounds
- **Jul** **[Survela](https://millionrounds.com/company/survela)** Seed · US **Undisclosed** With 2 others
- **Jul** **[PlayGiga](https://millionrounds.com/company/playgiga)** Series A · ES **$5.5M** With 3 others
- **2014** 3 rounds
- **May** **[PlayGiga](https://millionrounds.com/company/playgiga)** Series A · ES **Undisclosed** Sole investor
- **Apr** **[Visure Solutions](https://millionrounds.com/company/visure-solutions)** Series B · US **Undisclosed** With 1 other
- **Mar** **[Stratio](https://millionrounds.com/company/stratio)** Series A · US **Undisclosed** Sole investor
- **2013** 1 round
- **Dec** **[Survela](https://millionrounds.com/company/survela)** Seed · US **Undisclosed** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **11 named**

AG **Alberto Gomez** Manager of Adara Venture Partners III S.a. r.l., the Issuer's General Partner. i Filing they signed

MD **Maria del Rocio Pillado Lopez** Manager of Adara Venture Partners III S.a.r.l., the Issuer's General Partner. i Filing they signed

MI **Michel Iannone** Manager of Adara Venture Partners III S.a.r.l., the Issuer's General Partner. i Filing they signed

NG **Nicolas Goulet** Manager of Adara Venture Partners III S.a. r.l., the Issuer's General Partner. i Filing they signed

PZ **Philip Zarb Mizzi** Manager of Adara Venture Partners III S.a. r.l., the Issuer's General Partner. i Filing they signed

RD **Rahul Dandaphani** Manager of Adara Venture Partners III S.a. r.l., the Issuer's General Partner. i Filing they signed

RD **Rahul Dandhapani** Manager of Adara Ventures Partners II S.a r.l., the Issuer's General Partner. i Filing they signed

RB **Robert Brimeyer** Manager of Adara Ventures Partners II S.a r.l., the Issuer's General Partner. i Filing they signed

RP **Rocio Pillado** Manager of Adara Ventures, SGEIC, S.A., the General Partner i Filing they signed

RS **Ross Strachan** Manager of Adara Ventures, SGEIC, S.A., the General Partner i Filing they signed

VL **Vandana Luchmee** Manager of Adara Venture Partners III S.a r.l., the Issuer's General Partner. i Filing they signed

We also hold **24** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**4+** funds on file numbered funds in its name

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[PlayGiga](https://millionrounds.com/company/playgiga)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **$70M** Dec 2019

**[Advanced Digital Design](https://millionrounds.com/company/advanced-digital-design)** Bought by Atmel **Undisclosed** Sept 2011

**[Elastix Corporation](https://millionrounds.com/company/elastix-corporation)** Bought by eSilicon **Undisclosed** Jun 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$499K**

raised in May 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$6.5M** the round, not its cheque Alone, median **$4.8M**

Led 2 of 46 rounds **4%**

- **Said size:** $100K – $5.0M
- **Sole investor:** 14 rounds
- **Last cheque:** Oct 2026
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series A said *16*
- Seed said *9*
- Venture *7*
- Series B said *4*
- Pre-seed said *3*
- Growth said *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Inveready](https://millionrounds.com/fund/inveready) 5
- [4Founders Capital](https://millionrounds.com/fund/4founders-capital) 2
- [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures) 2
- [Banco Sabadell](https://millionrounds.com/fund/banco-sabadell) 2
- [Benhamou Global Ventures](https://millionrounds.com/fund/benhamou-global-ventures) 2
- [FJ Labs](https://millionrounds.com/fund/fj-labs) 2

**Pitching Adara Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Adara Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Inveready** VC firm **5** rounds together](https://millionrounds.com/fund/inveready)[**4Founders Capital** VC firm **2** rounds together](https://millionrounds.com/fund/4founders-capital)[**Acurio Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/acurio-ventures)[**Banco Sabadell** VC firm **2** rounds together](https://millionrounds.com/fund/banco-sabadell)[**Benhamou Global Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/benhamou-global-ventures)[**FJ Labs** VC firm **2** rounds together](https://millionrounds.com/fund/fj-labs)[**JME Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/jme-ventures)[**Riverside Acceleration Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/riverside-acceleration-capital)[**Samaipata** VC firm **2** rounds together](https://millionrounds.com/fund/samaipata)[**Wayra** Corporate VC **2** rounds together](https://millionrounds.com/fund/wayra)

## Recently backed

The latest companies Adara Ventures put money into.

[**Airflows** $2.3M · Mar 2026](https://millionrounds.com/company/airflows)[**TuringDream** $2.3M · Mar 2026](https://millionrounds.com/company/turingdream)[**AppFactor** $4.0M · Feb 2026](https://millionrounds.com/company/appfactor)[**Articul8** $35M · Jan 2026](https://millionrounds.com/company/articul8)[**Kimera Technologies** $2.4M · Dec 2025](https://millionrounds.com/company/kimera-technologies)[**Wodan AI** $2.3M · Dec 2025](https://millionrounds.com/company/wodan-ai)

## Quick answers about Adara Ventures

### What does Adara Ventures invest in?

Adara Ventures invests most often at Series A and Seed (61% of the rounds on record), in sectors such as Clothes, Productivity Tools and Collaboration Tools.

### How active is Adara Ventures?

46 investments on record, 8 of them in the last 12 months, and it led 2. The most recent was in Oct 2026.

### What has Adara Ventures invested in recently?

Its most recent investments on record: Goodweek (Oct 2026), Airflows (Seed, Mar 2026) and TuringDream (Seed, Mar 2026).

### How big are Adara Ventures's cheques?

The median round it joins is $6.5M. It says it writes cheques of $100K to $5.0M.

### Does Adara Ventures lead rounds?

Sometimes: it led 2 of its 46 investments on record (4%).

### Where does Adara Ventures invest?

Most of the companies it backs are in Spain (57%), the United States (16%) and the United Kingdom (14%).

### Is Adara Ventures investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Adara Ventures invest alongside?

Most often Inveready (5 rounds together), 4Founders Capital (2 rounds together) and Acurio Ventures (2 rounds together).

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