# Spice Expeditions: portfolio, investments and team

> Spice Expeditions is a growth equity. 6 investments on record, 6 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

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

# Spice Expeditions

Last cheque observed Oct 2026; 6 cheques on record.

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Growth equity Deploying now

Growth Debt Series B

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Deploying now

**100%** of best year **6** **cheques in 12 months**, 6 on record

Since the last cheque **17** days **00** hrs **00** min **00** sec

Median round **$120M** Rounds led **0 of 6** Mostly in **Philippines, 33%**

Pitch Spice Expeditions

## Spice Expeditions highlights

- 01 6 cheques in the last 12 months
- 02 Mostly Growth and Debt: 67% of its rounds

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2026** 6 rounds
- **Oct** **[Salmon Group](https://millionrounds.com/company/salmon-group)** Growth · PH · Fintech Global **$140M** With 4 others
- **Oct** **[ID Finance](https://millionrounds.com/company/id-finance)** Growth · ES · The SaaS News **$610M** With 3 others
- **Sept** **[ID Finance](https://millionrounds.com/company/id-finance)** Debt · ES · Tech.eu **$24M** With 4 others
- **Jul** **[Cashea](https://millionrounds.com/company/cashea)** Series B · VE · LatamList **$100M** With 2 others
- **Apr** **[Salmon](https://millionrounds.com/company/salmon)** Growth · PH · TechCrunch **$100M** With 3 others
- **Apr** **[Plata](https://millionrounds.com/company/plata)** Series C · MX · LatamList **$405M** With 10 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.

## The cheque

Growth Debt Series B

Median round joined **$120M** the round, not its cheque

Led 0 of 6 rounds **0%**

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

Rounds by stage said on their site

- Growth *3*
- Debt *1*
- Series B *1*
- Series C *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [WashU](https://millionrounds.com/fund/washu) 3
- [Kingsway Capital](https://millionrounds.com/fund/kingsway-capital) 2
- [Moore Strategic Ventures](https://millionrounds.com/fund/moore-strategic-ventures) 2
- [Washington University Investment Management Company](https://millionrounds.com/fund/washington-university-investment-management-company) 2
- [i80 Group](https://millionrounds.com/fund/i80-group) 2

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## Who they invest alongside

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

[**WashU** Growth equity **3** rounds together](https://millionrounds.com/fund/washu)[**Kingsway Capital** VC firm **2** rounds together](https://millionrounds.com/fund/kingsway-capital)[**Moore Strategic Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/moore-strategic-ventures)[**Washington University Investment Management Company** Growth equity **2** rounds together](https://millionrounds.com/fund/washington-university-investment-management-company)[**i80 Group** Growth equity **2** rounds together](https://millionrounds.com/fund/i80-group)

## Recently backed

The latest companies Spice Expeditions put money into.

[**Salmon Group** $140M · Oct 2026](https://millionrounds.com/company/salmon-group)[**ID Finance** $610M · Oct 2026](https://millionrounds.com/company/id-finance)[**Cashea** $100M · Jul 2026](https://millionrounds.com/company/cashea)[**Salmon** $100M · Apr 2026](https://millionrounds.com/company/salmon)

## Quick answers about Spice Expeditions

### What does Spice Expeditions invest in?

Spice Expeditions invests most often at Growth and Debt (67% of the rounds on record).

### How active is Spice Expeditions?

6 investments on record, 6 of them in the last 12 months. The most recent was in Oct 2026.

### What has Spice Expeditions invested in recently?

Its most recent investments on record: Salmon Group (Growth, Oct 2026), ID Finance (Growth, Oct 2026) and Cashea (Series B, Jul 2026).

### How big are Spice Expeditions's cheques?

The median round it joins is $120M.

### Does Spice Expeditions lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does Spice Expeditions invest?

Most of the companies it backs are in the Philippines (33%), Spain (33%) and Venezuela (17%).

### Is Spice Expeditions investing now?

Yes: it is actively investing, with 6 investments in the last 12 months.

### Who does Spice Expeditions invest alongside?

Most often WashU (3 rounds together), Kingsway Capital (2 rounds together) and Moore Strategic Ventures (2 rounds together).

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