What we do
Public consultation on the EIB Group's Environmental and Social Sustainability Framework - informational webinars
Public consultation on the EIB Group's Environmental and Social Sustainability Framework
The EIF in 2020
Coronavirus: The EIB Group’s initiatives to address its economic consequences
Pan-European Guarantee Fund – EGF
Sustainable Development Umbrella Fund
SDUF Health Compartment
Equity products
AI Co-Investment Facility
Climate & Infrastructure Funds
Technology Transfer
European Angels Fund (EAF) - Co-investments with Business Angels
Venture capital
The Social Impact Accelerator (SIA)
Lower mid-market
Mezzanine Facility for Growth
VentureEU
EFSI Equity instrument
Single EU Equity Financial Instrument
COSME - Equity Facility for Growth
InnovFin Equity
Private equity secondary market transactions
EIF-NPI Equity Platform
ESCALAR Programme
Debt products
New ESIF ERDF Guarantee Fund initiative in Greece
EFSI Private Credit Programme
AGRI Guarantee Facility
AGRI Italy Platform Uncapped Guarantee Instrument
Credit enhancement
Cultural and Creative Sectors Guarantee Facility (CCS GF)
ENSI - Securitisation Initiative
Erasmus+ Master Loan Guarantee Facility
Skills & Education Guarantee Pilot
EREM debt products
Single EU Debt Financial Instrument
InnovFin SME Guarantee Facility
COSME - Loan Guarantee Facility
Documentary Finance Facility – Bulgaria
The SME Initiative
The SME Initiative Bulgaria
The SME Initiative Finland
The SME Initiative Italy
The SME Initiative Malta
The SME Initiative Romania
The SME Initiative Spain
Inclusive finance
EaSI Financial Instruments
EaSI Capacity Building Investments Window
EaSI Guarantee Instrument
EaSI Funded Instrument
European Progress Microfinance Facility
Entrepreneurs supported through Progress Microfinance
European Fund for Strategic Investments (EFSI)
How does EIF contribute to EFSI
How to apply for EFSI financing
Regional Development - Country and sector-specific initiatives
Dutch Future Fund (DFF)
Dutch Alternative Credit Instrument (DACI)
PORTUGAL BLUE: a new initiative for blue economy investments
JEREMIE Greece Reflows – Business Angels’ Co-Investment Equity Instrument
German Corona Matching Facility (CMF)
Portugal Growth programme
Croatian Growth Investment Programme (CROGIP)
Central and Eastern European Technology Transfer (CEETT)
AGRI Italy Platform Uncapped Guarantee Instrument
ALTER’NA – ESIF EARFD Nouvelle-Aquitaine
Baltic Innovation Fund 1 (BIF 1)
Baltic Innovation Fund 2 (BIF 2)
Central Europe Fund of Funds (CEFoF)
Croatian Venture Capital Initiative (CVCi FoF)
Competitiveness Fund-of-Funds for SMEs in Romania
Deep and Comprehensive Free Trade Area Initiative East Guarantee Facility (DCFTA)
Dutch Growth Co-Investment Programme
Dutch Venture Initiative (DVI-II)
ESIF Fund-of-Funds Greece
EAFRD FoF Portugal
EAFRD FoF Romania
The ERP-EIF Facility
ERP-EIF Co-Investment Growth Facility
The LfA-EIF Facilities
The German Future Fund (GFF) - EIF Growth Facility
INAF – French National Agricultural Initiative
ESIF Energy Efficiency and Renewable Energy Malta
Regional Fund-of-Funds Romania
ESIF Fund-of-Funds Czech Republic
The Silesia EIF Fund of Funds
La Financière Région Réunion
The EIB Group Risk Enhancement Mandate (EREM)
EstFund
FOSTER TPE-PME Occitanie
Greater Anatolia Guarantee Facility (GAGF)
G43 - Anatolian Venture Capital Fund Project
InvestBG Equity Instrument
JEREMIE
JEREMIE Romania Reflows – Equity Instrument
Luxembourg Future Fund (LFF)
Mezzanine 'Fund of Fund' for Germany (MDD)
Polish Growth Fund of Funds (PGFF)
Portugal Venture Capital Initiative (PVCi)
Scottish-European Growth Co-Investment Programme
Slovene Equity Growth Investment Programme (SEGIP)
Swedish Venture Initiative (SVI)
Turkish Growth and Innovation Fund (TGIF)
Western Balkans Enterprise Development & Innovation Facility (WB EDIF)
EAFRD FoF Greece

Ship2B Ventures, EIF and Banco Sabadell back the largest impact venture capital fund for startups in Spain

  •  
    Date: 17 March 2021
  • The BSocial Impact Fund, which already reached €38 million in its second closing, is supported by Ship2B Ventures, the European Union and the EIF under the EFSI Equity social impact pilot as well as by Banco Sabadell.
  • The objective of the fund is to invest in social enterprises that aim to improve the life of vulnerable groups, improve access to education and mitigate the effects of climate change.
  • The fund is also supported by AXIS, Repsol Impacto Social, Fundación Anesvad, and leading families in the business environment such as Puig, Elias, Castelló, Knuth, Pont and Ângela Impact Economy, and by leading entrepreneurs such as the founders of Holaluz, Privalia, Socialpoint, SocialCar, Trovit, Cooltra and Glovo.

Barcelona, 17th March 2021, Ship2B Ventures, a venture capital management firm specialized in impact investing based in Barcelona, together with the European Union and European Investment Fund (EIF), under the EFSI Equity social impact pilot, and Banco Sabadell back the launch of the BSocial Impact Fund, an impact venture capital fund that already reached €38 million in its second closing and aims to exceed €45 million.

The new fund will be the largest impact venture capital fund for startups in Spain and it will focus on seed and early-stage social enterprises, targeting startups that aim to tackle three major challenges: improve the quality of life of vulnerable groups (e.g. the elderly, people with disabilities or with chronic illness), fight climate change and eradicate education skill gaps. With this transaction, the European Union and the EIF support social entrepreneurship and social impact investors, aiming to develop and scale up the European social impact ecosystem.

The fund is also supported by other institutional investors such as AXIS-venture capital subsidiary of Grupo ICO-, Repsol Impacto Social and Fundación Anesvad, by leading families such as Puig, Elias, Castelló, Knuth, Pont, Ângela Impact Economy as well as by successful entrepreneurs such as the founders of Holaluz, Privalia, Socialpoint, SocialCar, Trovit, Cooltra and Glovo.

Maite Fibla y Xavier Pont, co-founders and managing partners of Ship2B Ventures, stated: “The attractiveness of the fund's investment thesis among investors and institutions has pushed us near the €40 million in our second closing. Looking at our commitments pipeline, we estimate a final closing above €45 million”. “In the coming years we will invest in 20 highly innovative startups with extraordinary teams that respond to our challenges while providing strong financial returns for our investors.

Alain Godard, EIF Chief Executive, also added: “We are proud to continue supporting one of the most recognised impact actors in the Spanish ecosystem to consolidate their social impact activity and continue playing a key role in developing the market. EIF´s collaboration since 2016 has proven fundamental for the General Partners to develop their investing activities; which together with the Foundation’s accelerator programmes, provide a value-added proposition for social entrepreneurs in the first stages of development. The fund´s three main challenges address three key priorities for the EIF.”

Executive Vice-President of the European Commission, Valdis Dombrovskis, said: “Thanks to the support of the Investment Plan and of the European Investment Fund, the Spanish BSocial impact fund will invest in early-stage social businesses. The new fund will be the largest impact venture capital fund for startups in Spain and address some of the main challenges of our times: increasing the quality of life for vulnerable people, mitigating the effects of climate change, and improving access to education for all.”

Raúl Rodríguez, director of BS Capital, added “impact investing is key for the future. Sabadell and its Foundation have a close relationship with Ship2B, so we were eager to be part of the BSocial Impact Fund and seek a social return through its investments. We decided to become an anchor investor and sponsor it from the very beginning.

Leading investors, entrepreneurs and experts join Ship2B Ventures

Ship2B Ventures was founded by Maite Fibla and Xavier Pont and has a team of five professionals with expertise in investments, social and environmental impact, and health. Daniel Sánchez, partner of Nauta Capital, will be the non-executive chairperson of Ship2B Ventures. Further support will be provided by renowned experts from  the venture capital industry such as Lluís Seguí (Miura Private Equity), Carles Florensa (Business Angel), and Cristina Marsal (Sandman Capital); leading entrepreneurs such as José Manuel Villanueva and Lucas Carné (Privalia), Carlota Pi, Oriol Vila and Ferran Nogué (Holaluz), Iñaki Ecenarro (Trovit), Horacio Martos and Andrés Bou (Social Point), Oscar Pierre (Glovo), Mar Alarcon and Francesc Queralt (Social Car), and Timo Buetefisch (Cooltra); and leading sectorial experts such as Jaime del Barrio (EY and Asociación de Salud Digital), Consuelo Crespo (UNICEF España y Oxfam), Concha Oliu (BStartup), and Ainhoa Grandes and Clara Navarro (Ship2B Foundation).

The team has been investing in social and environmental impact startups for more than eight years through the Ship2B Foundation. It manages two investment vehicles, Impact Equity BF, and Equity4Good, which are co-invested by the European Investment Fund with Impact Equity BF. The total AUM of these investment vehicles is €4.5 million, invested across 23 impact startups such as Qida, Psious, ADmit Therapeutics and Fiction Express. The firm has already executed its first exit (Koiki).

About Ship2B Ventures

Ship2B Ventures a venture capital firm that invests in the best impact startups. As impact investors they seek to generate triple profitability: economic, social and environmental. Ship2B Ventures combine the best of the venture capital world with the impact world, maximizing the financial profitability of their investments with a clear intention to generate, manage and measure their impact.

About European Investment Fund

The European Investment Fund (EIF) is part of the European Investment Bank Group. Its central mission is to support Europe's micro, small and medium-sized businesses (SMEs) by helping them to access finance. EIF designs and develops venture and growth capital, guarantees and microfinance instruments which specifically target this market segment. In this role, EIF fosters EU objectives in support of innovation, research and development, entrepreneurship, growth, and employment.

About the European Fund for Strategic Investments (EFSI) Equity social impact pilot

EFSI Equity is a facility managed by the European Investment Fund (EIF) that provides equity investments to or alongside financial intermediaries focusing on the areas of early stage, growth stage and expansion financing. Through the EFSI Equity social impact pilot, the European Union and EIF support social entrepreneurship and social impact investors, aiming to develop and scale up the European social impact ecosystem.

About Banco Sabadell

With a history stretching back 139 years, Banco Sabadell is Spain’s fourth largest banking group and one of the best capitalised Spanish financial institutions. Banco Sabadell has assets in excess of €230 billion, a network of more than 2,000 branches and has earned the trust of 12 million customers. Banco Sabadell has gone through a historic period of growth in the last decade, demonstrating its strength and its international footprint, as well as expanding into Mexico and the United Kingdom.

Press contacts

Ship2B Ventures:                                 EIF:

Andreu Fibla                                         Lorenzo Squintani

+34 679 524 400                                 +352 691 285 772 / +352 4379 21000

comunciacion@ship2bventures.com        l.squintani@eib.org / press@eib.org

https://www.ship2bventures.com           https://www.eif.org

 

European Commission:                       Banco Sabadell:

Flora Matthaes                                      Juan Valdés

+32 460 755148                                   +34 691 588 605

flora.matthaes@ec.europa.eu                jvaldes@bancsabadell.com

                                    
 

We use cookies to give the best browser experience on our website. or change cookie settings.

Note: Following the recent withdrawal of the United Kingdom from the European Union, we are updating the relevant EIF.org pages.

 
 

Copyright ©

 European Investment Fund 2021 – The European Investment Fund is not responsible for the content of external internet sites.