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Xesgalicia operates as a venture capital management firm, specializing in administering risk capital entities to fuel the expansion of companies within Galicia. It primarily targets high-growth businesses, including new entrepreneurs and enterprises in innovative sectors, strategically deploying capital to foster regional economic development.
Established in 1999, Xesgalicia was formed under the full participation of the Galician Institute for Economic Promotion (IGAPE). This initiative arose from a strategic imperative to promote economic development and industrial consolidation across Galicia, conceived as an instrument to stimulate local business investment.
The firm serves a diverse portfolio of Galician companies, particularly those exhibiting significant growth potential and driving innovation. Xesgalicia's mission is to bolster the competitive landscape of the Galician economy, ensuring sustained economic progress and industrial strength through a vibrant entrepreneurial ecosystem.
Xesgalicia has 3 tracked investments across 2 companies. The latest tracked deal is $880K Seed in Batea Oncology in December 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 15, 2025 | Batea Oncology | $880K Seed | — | Unirisco |
| Sep 1, 2025 | Kreios Space | $9.0M Seed | Join Capital, David Ordonez | Btov Partners, Founderful, Grow Venture Partners, Tasivia Global |
| Jul 29, 2024 | Kreios Space | $2.5M Pre-Seed | — | Grow Venture Partners, Spacequest Ventures, Startupxplore, Tasivia Global |