# Santander: portfolio, investments and team

> Santander is a vc firm based in United Kingdom. 125 investments on record, 39 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

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

# Santander

Last cheque observed Oct 2026; 125 cheques on record.

Email

Deploying now VC firm

Debt Venture Seed Energy Renewable Energy

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Deploying now

**75%** of best year **39** **cheques in 12 months**, 125 on record

Since the last cheque **19** days **00** hrs **00** min **00** sec

Median round **$66M** Rounds led **0 of 125** Sole investor **33 rounds** Mostly in **Spain, 33%**

Pitch Santander

## Santander highlights

- 01 39 cheques in the last 12 months
- 02 Mostly Debt and Venture: 81% of its rounds
- 03 Sole investor in 33 rounds, median $17M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Energy Renewable Energy
- **Based in:** São Paulo, United Kingdom
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **125 appearances**

- **2026** 31 rounds
- **Oct** **[energyRe](https://millionrounds.com/company/energyre)** Debt · US · Mercom Capital Group **$815M** With 2 others
- **Sept** **[PLD Space](https://millionrounds.com/company/pld-space)** Series C · ES **$125M** With 2 others
- **Jul** **[Multiverse Computing](https://millionrounds.com/company/multiverse-computing)** Series C · ES · Firms' own news pages **$570M** With 19 others
- **Jul** **[Badi](https://millionrounds.com/company/badi)** Growth · ES **$5.4M** With 4 others
- **Jul** **[Snag Tights](https://millionrounds.com/company/snag-tights)** Venture · GB **$2.7M** Sole investor
- **Jul** **[Wallbox](https://millionrounds.com/company/wallbox)** ES **$4.6M** With 3 others
- **Jun** **[Mistral AI](https://millionrounds.com/company/mistral-ai)** FR · TechCrunch **$1.2B** With 3 others
- **Jun** **[Venture Global](https://millionrounds.com/company/venture-global)** Debt · US **$1.5B** With 2 others
- **Jun** **[Cypress Creek Renewables](https://millionrounds.com/company/cypress-creek-renewables)** Debt · US **$3.5B** With 4 others
- **Jun** **[Twinco Capital](https://millionrounds.com/company/twinco-capital)** Debt · ES **$175M** With 2 others
- **Jun** **[Naturmet](https://millionrounds.com/company/naturmet)** Debt · ES **$69M** Sole investor
- **Jun** **[13th Floor Investments - Barings JV](https://millionrounds.com/company/13th-floor-investments-barings-jv)** Debt · US **$134M** Sole investor
- **May** **[Solaris Energy Infrastructure](https://millionrounds.com/company/solaris-energy-infrastructure)** Debt · US **$1.3B** With 1 other
- **May** **[Bruc Management](https://millionrounds.com/company/bruc-management)** Debt · ES **$431M** With 1 other
- **May** **[InstaVolt](https://millionrounds.com/company/instavolt)** Debt · GB **$335M** With 2 others
- **Apr** **[CloudWalk](https://millionrounds.com/company/cloudwalk)** Debt · BR · LatamList **$1.1B** With 7 others
- **Apr** **[Pulse Clean Energy](https://millionrounds.com/company/pulse-clean-energy)** Debt · GB **$71M** With 3 others
- **Apr** **[Vamos](https://millionrounds.com/company/vamos)** Debt · BR **$20M** With 4 others
- **Mar** **[Wikifarmer](https://millionrounds.com/company/wikifarmer)** Series A · GR · Firms' own news pages **$7.7M** With 5 others
- **Mar** **[PLD Space](https://millionrounds.com/company/pld-space)** Series C · ES · Ventureburn **$209M** With 5 others
- **Mar** **[Aypa Power](https://millionrounds.com/company/aypa-power)** Debt · CA **$500M** With 3 others
- **Mar** **[rPlus Energies](https://millionrounds.com/company/rplus-energies)** Debt · US **$650M** Sole investor
- **Mar** **[Venture Global](https://millionrounds.com/company/venture-global)** Debt · US **$8.6B** With 3 others
- **Mar** **[Solaris Energy Infrastructure](https://millionrounds.com/company/solaris-energy-infrastructure)** Debt · US **$300M** With 1 other
- **Feb** **[ElevenLabs](https://millionrounds.com/company/elevenlabs)** Series D · US · TechCrunch **$500M** With 23 others
- **Feb** **[Aypa Power](https://millionrounds.com/company/aypa-power)** Debt · CA **$1.5B** With 3 others
- **Jan** **[COX Group](https://millionrounds.com/company/cox-group)** Debt · ES **$2.6B** With 3 others
- **Jan** **[Low Carbon](https://millionrounds.com/company/low-carbon)** Debt · GB **$683M** With 4 others
- **Jan** **[Urban Partners](https://millionrounds.com/company/urban-partners)** Debt · DK **$55M** Sole investor
- **Jan** **[Buendía](https://millionrounds.com/company/buendia)** Venture · ES **$9.3M** Sole investor
- **Jan** **[Andean Precious Metals](https://millionrounds.com/company/andean-precious-metals)** Secondary · CA **$69M** With 1 other
- **2025** 43 rounds
- **Dec** **[Playtomic](https://millionrounds.com/company/playtomic)** Crowdfunding · ES **$6.1M** With 3 others
- **Dec** **[Roiward](https://millionrounds.com/company/roiward)** Debt · ES **$2.1M** Sole investor
- **Nov** **[CloudWalk](https://millionrounds.com/company/cloudwalk)** Debt · BR · LatamList **$780M** With 9 others
- **Nov** **[Cypress Creek Renewables](https://millionrounds.com/company/cypress-creek-renewables)** Venture · US **Undisclosed** With 4 others
- **Nov** **[Statera Energy](https://millionrounds.com/company/statera-energy)** Debt · GB **$307M** Sole investor
- **Nov** **[Synergym](https://millionrounds.com/company/synergym)** Debt · ES **$58M** With 1 other
- **Nov** **[Turbi](https://millionrounds.com/company/turbi)** Debt · BR **$5.6M** With 1 other
- **Nov** **[Karbon Homes](https://millionrounds.com/company/karbon-homes)** Venture · GB **Undisclosed** With 1 other
- **Oct** **[Fruitist](https://millionrounds.com/company/fruitist)** Growth · US · TechStartups **$150M** With 4 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.

## What the register says

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

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

Funds they back

## 1 fund commitment on record

- **Managers:** 1

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

Managers it backs most

- [Atempo Growth 1 fund](https://millionrounds.com/fund/atempo-growth)

Most recent commitments

- [Atempo Growth Atempo Growth II](https://millionrounds.com/fund/atempo-growth)

## The cheque

Debt Venture Seed

Median round joined **$66M** the round, not its cheque Alone, median **$17M**

Led 0 of 125 rounds **0%**

- **Sole investor:** 33 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Debt *62*
- Venture *21*
- Seed *7*
- Series A *6*
- Series C *6*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [MUFG Bank](https://millionrounds.com/fund/mufg-bank) 10
- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) 9
- [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) 7
- [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) 7
- [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) 7
- [HSBC](https://millionrounds.com/fund/hsbc) 7

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## Who they invest alongside

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

[**MUFG Bank** Investment firm **10** rounds together](https://millionrounds.com/fund/mufg-bank)[**Goldman Sachs** Private equity **9** rounds together](https://millionrounds.com/fund/goldman-sachs)[**ABN AMRO Fund** Corporate VC **7** rounds together](https://millionrounds.com/fund/abn-amro-clearing)[**BNP Paribas** VC firm **7** rounds together](https://millionrounds.com/fund/bnp-paribas)[**Deutsche Bank** Corporate VC **7** rounds together](https://millionrounds.com/fund/deutsche-bank)[**HSBC** Growth equity **7** rounds together](https://millionrounds.com/fund/hsbc)[**Societe Generale** Corporate VC **7** rounds together](https://millionrounds.com/fund/societe-generale-2)[**Bank of America** Company **6** rounds together](https://millionrounds.com/fund/bank-of-america)[**Citibank** Growth equity **6** rounds together](https://millionrounds.com/fund/citi)[**National Bank of Canada** Private equity **6** rounds together](https://millionrounds.com/fund/national-bank-of-canada)[**EIT InnoEnergy** VC firm **5** rounds together](https://millionrounds.com/fund/innoenergy)[**European Investment Bank** Government **5** rounds together](https://millionrounds.com/fund/european-investment-bank)

## Recently backed

The latest companies Santander put money into.

[**energyRe** $815M · Oct 2026](https://millionrounds.com/company/energyre)[**PLD Space** $125M · Sept 2026](https://millionrounds.com/company/pld-space)[**Multiverse Computing** $570M · Jul 2026](https://millionrounds.com/company/multiverse-computing)[**Badi** $5.4M · Jul 2026](https://millionrounds.com/company/badi)[**Snag Tights** $2.7M · Jul 2026](https://millionrounds.com/company/snag-tights)[**Wallbox** $4.6M · Jul 2026](https://millionrounds.com/company/wallbox)

## On podcasts

6 episodes naming Santander in the title, and 4 more that mention it.

- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 13 Jul 2026 · 60 min 1080. News: Klarna applies for a US banking licence, LemFi buys Wealth8, and Santander open-sources AI Mentions [Santander](https://millionrounds.com/fund/santander) Apple Podcasts
- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 6 Nov 2025 · 1h 2m 1012. Insights: How Lloyds, Santander and NatWest are shaping the future of banking innovation Mentions [Santander](https://millionrounds.com/fund/santander) Apple Podcasts
- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 26 Feb 2024 · 45 min 829. News: Capital One pursue $35bn Discover takeover, and what's Santander's beef with Nationwide? Mentions [Capital One](https://millionrounds.com/fund/capital-one)[Santander](https://millionrounds.com/fund/santander)[Saudi Arabia](https://millionrounds.com/person/saudi-arabia) Apple Podcasts
- [In Good Company](https://millionrounds.com/podcasts/in-good-company) 27 Sept 2023 · 30 min Ana Botin Executive Chair Santander: Future of banking, inflation and women in finance Mentions [Santander](https://millionrounds.com/fund/santander) Apple PodcastsShow page
- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 20 Nov 2020 · 28 min Arrival departs for Nasdaq, Santander buys Wirecard’s assets, and we talk to Riku Asikainen about e-scooters With [Riku Asikainen](https://millionrounds.com/person/riku-asikainen) Mentions [Santander](https://millionrounds.com/fund/santander)[Evli Growth Partners](https://millionrounds.com/fund/evli-growth-partners)[Valentina Milanova](https://millionrounds.com/person/valentina-milanova) Apple PodcastsShow page
- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 2 Mar 2020 · 27 min Berlin interview special: Zalando, Omio, and Santander InnoVentures (at Finovate Europe) Mentions [Santander](https://millionrounds.com/fund/santander)[Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) Apple PodcastsShow page

### Mentioned in

- [Sourcery](https://millionrounds.com/podcasts/sourcery) 27 Jul 2026 · 43 min Inside the Fastest-Growing Category in AI: Scott Wu, CEO of $26B Cognition Apple PodcastsShow page
- [Scaling Europe](https://millionrounds.com/podcasts/scaling-europe) 19 May 2026 · 20 min Manuel Silva Martinez, GP at Mouro Capital: BREAKING: Mouro Capital closed $400m fund Apple PodcastsShow page
- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 14 Jul 2025 · 1h 7m 979. News: Monzo slapped with bumper fine, Robinhood stands strong on tokenisation, and will TSB vanish from the high street for good? Apple Podcasts
- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 12 May 2025 · 59 min 961. News: Tide launches BNPL for small businesses, PayPal picks Germany for mobile wallet debut, and is The FCA about to clamp down on crypto? Apple Podcasts

## Quick answers about Santander

### What does Santander invest in?

Santander invests most often at Debt and Venture (81% of the rounds on record), in sectors such as Energy and Renewable Energy.

### How active is Santander?

125 investments on record, 39 of them in the last 12 months. The most recent was in Oct 2026.

### What has Santander invested in recently?

Its most recent investments on record: energyRe (Debt, Oct 2026), PLD Space (Series C, Sept 2026) and Multiverse Computing (Series C, Jul 2026).

### How big are Santander's cheques?

The median round it joins is $66M.

### Does Santander lead rounds?

Rarely, if at all: none of its 125 investments on record names it as the lead.

### Where does Santander invest?

Most of the companies it backs are in Spain (33%), the United States (28%) and the United Kingdom (15%).

### Is Santander investing now?

Yes: it is actively investing, with 39 investments in the last 12 months.

### Who does Santander invest alongside?

Most often MUFG Bank (10 rounds together), Goldman Sachs (9 rounds together) and ABN AMRO Fund (7 rounds together).

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