# COFIDES: portfolio, investments and team

> COFIDES is a government based in Spain. 4 investments on record, 4 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

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

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

# COFIDES

Last cheque observed Sep 2026; 4 cheques on record.

Email

Deploying now Government

Series C Series B Internationalization Development Climate

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Deploying now

**100%** of best year **4** **cheques in 12 months**, 4 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$191M** Rounds led **0 of 4**

Pitch COFIDES

## COFIDES highlights

- 01 4 cheques in the last 12 months
- 02 Mostly Series C and Series B: 100% of its rounds

## What they do

> COFIDES facilita financiación para empresas para realizar proyectos de inversión en el exterior. From their own website

- **Type:** Government
- **Cheque size:** Not stated
- **Sectors:** Internationalization Development Climate
- **Based in:** Madrid, Spain
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **4 appearances**

- **2026** 4 rounds
- **Sept** **[MS+PARTNERS](https://millionrounds.com/company/ms-partners)** ES · QRM Capital **$174M** With 3 others
- **Jun** **[Oxford Quantum Circuits](https://millionrounds.com/company/oxford-quantum-circuits)** Series C · GB · Silicon Canals **$350M** With 11 others
- **Jun** **[Ona Therapeutics](https://millionrounds.com/company/ona-therapeutics)** Series B · ES · Asabys **$87M** With 11 others
- **Mar** **[PLD Space](https://millionrounds.com/company/pld-space)** Series C · ES · Ventureburn **$209M** With 5 others

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.

Funds they back

## 3 fund commitments on record

- **Managers:** 2

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news.

Managers it backs most

- [Novastar Ventures 2 funds](https://millionrounds.com/fund/novastar-ventures)
- [Alma Mundi Ventures 1 fund](https://millionrounds.com/fund/alma-mundi-ventures)

Most recent commitments

- [Mundi Ventures LatAm Fund I](https://millionrounds.com/fund/alma-mundi-ventures)
- [Novastar Ventures Africa People and Planet Fund III (NVIII)](https://millionrounds.com/fund/novastar-ventures)
- [Novastar Ventures Novastar Ventures Africa People and Planet Fund III](https://millionrounds.com/fund/novastar-ventures)

## The cheque

Series C Series B

Median round joined **$191M** the round, not its cheque

Led 0 of 4 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Series C *2*
- Series B *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

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## Recently backed

The latest companies COFIDES put money into.

[**Oxford Quantum Circuits** $350M · Jun 2026](https://millionrounds.com/company/oxford-quantum-circuits)[**Ona Therapeutics** $87M · Jun 2026](https://millionrounds.com/company/ona-therapeutics)[**PLD Space** $209M · Mar 2026](https://millionrounds.com/company/pld-space)

## Quick answers about COFIDES

### What does COFIDES invest in?

COFIDES invests most often at Series C and Series B (100% of the rounds on record), in sectors such as Internationalization, Development and Climate.

### How active is COFIDES?

4 investments on record, 4 of them in the last 12 months. The most recent was in Sept 2026.

### What has COFIDES invested in recently?

Its most recent investments on record: MS+PARTNERS (Undisclosed round, Sept 2026), Oxford Quantum Circuits (Series C, Jun 2026) and Ona Therapeutics (Series B, Jun 2026).

### How big are COFIDES's cheques?

The median round it joins is $191M.

### Is COFIDES investing now?

Yes: it is actively investing, with 4 investments in the last 12 months.

### What kind of investor is COFIDES?

COFIDES is a government based in Madrid, Spain.

### Does COFIDES take cold pitches?

Yes: its own website says it reads unsolicited pitches.

### When was COFIDES founded?

COFIDES was founded in 1988.

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