Clave Capital

Clave Capital is a private equity and venture capital manager based in Pamplona, Spain, with more than 20 years of experience and over 90 investments made to date. The firm reports €90 million in assets under management and is raising a new €80 million fund dedicated to health-related technology transfer.

Investment activity is organised across three strands: technology transfer projects emerging from universities and technology centers; growth capital for established industrial small and medium-sized enterprises; and renewable energy ventures and projects. The technology transfer strand spans health, medtech, digital health, nutrition and biotechnology. The firm's geographic presence is concentrated in Spain.

Clave Capital describes its model as combining investment with active involvement in portfolio-company development. It works with founders, management teams, investors and the broader innovation ecosystem, contributing to strategic planning, financial management, growth and international expansion rather than acting as a passive capital provider.

Sectors covered across the portfolio include health, medtech, digital health, nutrition, biotechnology, industrial SMEs, renewable energy and technology transfer generally.