Adara Ventures

🎉 We are thrilled to announce our first investment from the Adara Ventures Energy Fund in SatVu, a global leader in cutting-edge infrared imaging technology. Adara co-led the £20 million investment alongside Molten Ventures, with support from existing investors Lockheed Martin, Seraphim Space, noa, Ridgeline, and Stellar Ventures. 📡 SatVu was established in 2016 in the UK with the mission of commercializing high-resolution thermal imagery from space. After a period of research and development, the company built a compact high-resolution infrared camera, which would eventually go into space on the company’s first satellite, HotSat-1, and introduce unprecedented thermal monitoring capabilities to the #earthobservation sector. 🔍 Before HotSat-1, space-based thermal images were limited to a resolution of 50-100 meters. With the HotSat constellation, 20 times greater resolution is now achievable. 🔥 By capturing 3.5 meter GSD NADIR resolution #thermaldata in near real-time, SatVu can provide new insight into global #carbonemissions and #energy activities – from evaluating heat loss in buildings to measuring energy efficiency – helping to improve global strategic planning and accelerate the path toward #decarbonization. 🚀 The new investment will help accelerate the build of two new satellites, HotSat-2 and HotSat-3, expected to launch in 2025. We are delighted to begin the investment phase of the Adara Ventures Energy Fund with SatVu. Their mission aligns with the goals of our Energy Fund, and we believe their cutting-edge infrared imaging technology holds the potential to transform energy operations and fuel exciting new data applications. We look forward to supporting Founders Anthony Baker, Tobias Reinicke, Director Camilla Taylor, and the entire SatVu team as they enter this next phase of growth. 💫 👉 Learn more on our blog: https://lnkd.in/daPqTKip and via 📰 Sky News: https://lnkd.in/eEa73rxk & 📰 Yahoo Finance: https://lnkd.in/dRDar-mX

As 2024 comes to a close, we want to take a moment to reflect on an incredible year and share our gratitude. 💫 🌟 First and foremost, a huge thank you to our LPs who have returned to invest in our flagship Adara IV fund. Your continued trust and partnership mean so much to us, and we’re excited to deepen relationships with more LPs as we build momentum into 2025. ⚡️ We’re also deeply grateful to the LPs who backed us in launching our inaugural Energy Fund — a new strategy that we believe will unlock significant opportunities in the #energy sector. 🙌 This year was filled with exciting milestones: we successfully wrapped up our third fund (AVIII), invested in phenomenal new founding teams, expanded our team, and celebrated well-deserved promotions within it. 🚀 Along the way, we’ve cheered on incredible growth stories and achievements across the Adara portfolio, driven by the ambition, resilience, and hard work of the founders and teams we’re so proud to support. 👉 Read our full Year in Review: https://lnkd.in/d8H6h8_K 💫 To all our founders, LPs, and partners — thank you for trusting us to be part of your journey. We’re excited to build on this year’s successes and reach even more milestones together in 2025. 💫 Wishing you all a joyful holiday season and a fantastic start to the new year! ✨

✨ As we wrap up the year, check out the latest news & growth stories from across the Adara portfolio in this month's edition of our #Caminos⛰️ newsletter: 🎉 We announced our first investment from the Adara Ventures Energy Fund in SatVu, a global leader in cutting-edge infrared imaging technology 🚀JOTELULU España raised a fresh €6.8M to strengthen its presence in Europe & take its first steps into Latin America 👏 Bigle celebrated its 10 year anniversary 📰 Our Partner, Rocio Pillado, was featured in ELLE Magazine, sharing insights as a leading investor in Spain 🎧 Our Founding Partners Nico Goulet and Alberto Gomez joined the Kfund podcast for an in-depth discussion on Adara's 20-year journey 👉 Continue reading here: https://lnkd.in/dGXhpg6U

We are thrilled to announce Irene A. has joined the Adara Ventures team as our new Head of Legal. Irene brings with her an impressive background, having previously held the position of Head of Legal and Compliance at both Axon Partners Group and Finizens in Madrid. Her professional journey has also taken her to Colombia and Brazil, where she gained valuable experience in diverse legal roles. Welcome, Irene! 💫

🚀 Our Founding Partners, Nico Goulet and Alberto Gomez, recently sat down with Pablo Ventura Aranguren and Jaime Novoa at Kfund for an in-depth conversation on their 20-year journey building Adara Ventures. 🗣 In this episode, they share valuable insights into our investment strategies and showcase how we’ve developed a sustainable investment model rooted in the core values of trust, transparency, and professionalism. 🌱 Nico and Alberto also reflect on the challenges they faced while raising their first fund, and Adara's role in success stories like AlienVault and Seedtag. Finally, they shared details on our latest thematic fund focused on #energytransition technologies. 👉 Check out a recap of the discussion: https://lnkd.in/dHryETiw You can also listen to the full episode here (in Spanish): 🎧 Spotify: https://lnkd.in/d_pK2-gu 🎧 YouTube: https://lnkd.in/d9-7YGxE We sincerely thank Pablo, Jaime, and the Kfund team for taking the time to share our story. Your support over the years has been invaluable, and we look forward to continuing our collaboration to strengthen the startup ecosystem in Spain. 🙌

🎉 Congratulations to JOTELULU España, the leading #cloud services platform exclusively for the #IT channel, for raising a new €6.8 million investment round led by Kibo Ventures. We are delighted to continue supporting the team, alongside other existing investors Bankinter, G2A, and Big Sur Ventures. 🌎 Founded in 2018 in Madrid, Jotelulu now collaborates with more than 1000 partners, primarily #IT companies that provide cloud services to SMEs across Europe. This new capital injection will enable the company to strengthen its presence in Europe and take its first steps into Latin America. 📰 Read about the new investment in Cinco Días: https://buff.ly/3ZdZD8I 👉 and more why we invested in Jotelulu on our blog: https://buff.ly/3ZEsnZR

Next week we'll be at Slush 2024 in Helsinki. ❄️ Looking forward to connecting with other investors and #startups working in #AI, #digitalhealth, #climatetech, and more. 👋 Reach out to our Partner Rocio Pillado if you'd like to connect and we'll see you there! #Slush2024

🍂 The November edition of our #Caminos⛰️ newsletter is here! 🎉 Cyber Guru raises $25M, surpasses 1 million active users 🔬 Quibim helps detect over 90% of prostate cancer cases in Spain ✨ Bigle Legal rebrands as Bigle 🏆 JOTELULU España named one of FORBES España's top SMEs making a global impact & more growth stories from across our portfolio... 👉 Read here: https://buff.ly/3YZYHpp 📫 Subscribe: https://buff.ly/3YgOdAL

🇵🇹 Next week our Partner Nico Goulet and Analysts Andrea Cabanillas and Alexei Perley are heading to Web Summit in Portugal (🗓️ November 11-14, 2024). 👋 We're excited to connect with innovators and investors at Europe’s largest tech conference. If you’d like to grab a coffee or chat, don’t hesitate to reach out. Looking forward to seeing you there! #WebSummit24

We recently held the second meeting of the Adara Energy Industrial Advisory Committee in Barcelona, Spain, part of our Adara Energy fund dedicated to discovering and supporting technologies that will transform the #energy landscape. ⚡️ 🌱 During the meeting, we shared fund updates and engaged in meaningful discussions about advancements in #energytransition technologies and the investment sectors we are exploring. 🔋 We were delighted to have Helena Alegre Edo, Project Leader at Boston Consulting Group (BCG), and Benoît Bastien, Enterprise Software Business Development EMEA at NVIDIA, join us for the day. They shared insights on developing energy efficiency and #AI's growing role in the sector. 🚀 We also had the opportunity to hear from founders leading the way in energy technology innovation, including Eran Inbar, Founder & CEO of Prisma Photonics, Harald Olderheim, Founder & CEO of Glint Solar, Anthony Baker, Founder & CEO of SatVu, and Morten Huseby, CEO of Wirescan AS. They demonstrated impactful real-world applications and provided insight into how we can build a more sustainable future. 💡 By connecting corporates, industry experts, and innovative startups, we aim to create a space for collaboration and shared knowledge to harness technology-driven solutions for cleaner and more efficient energy practices. We're committed to this mission and couldn't be more excited about what's to come. Thank you to everyone for attending the event and joining us on this journey. 🙌 👉 Read more: https://buff.ly/40BZ7Ut