Masia has closed its €18 million debut fund and opened Masia House, a new physical hub in Barcelona designed to connect founders, investors, and operators. The firm backs early-stage artificial intelligence and frontier technology companies with a Barcelona connection. The move reflects the city's growing role as a European technology center.
Fund details and investor base
More than 70 LPs backed the fund, including successful technology founders, executives, experienced investors, and two institutional investors. Since launching in 2025, Masia has invested in 46 companies representing 60 founders. The fund has co-invested with 60 international and specialist venture capital firms, including Common Magic, Nina Capital, Point Nine, and Lunar Ventures.
Portfolio momentum and international co-investors
Portfolio companies include Biorce, which uses AI to transform clinical trials and announced a US$52 million Series A earlier this year. Prosper, which uses AI to manage the patient journey, raised US$30 million led by a16z. Portfolio companies have also attracted investment from firms including a16z, DST Global, Norrsken VC, Y Combinator, and Initialized Capital.
Barcelona's technology momentum
Startups in Barcelona attracted €1.175 billion in the first nine months of 2026, up 14% year-on-year. The city ranks as the European Union's sixth-largest hub for deeptech startup funding, with €610 million raised between 2020 and 2024. This growth underpins Masia's decision to establish a permanent base in the city.
Masia House and community building
Masia House spans more than 1,000 square meters across four floors in Barcelona's Gràcia neighborhood. The space includes dedicated workspaces, meeting rooms, accommodation for visiting investors, and a terrace. A further project on the ground floor is planned for Q1 2027 to engage the wider Barcelona frontier technology ecosystem and support regular community encounters.
A global ambition rooted in Barcelona
Masia is rooted in Barcelona, but its ambition is global. Carlos Trenchs said the firm wants Masia House to become a home for founders building international companies and investors looking to connect with them. The goal is to build one of Europe's most connected communities, giving founders access to talent, expertise, and capital to scale.
A network beyond capital
Beyond capital, the investor base contributes expertise and connections to Masia's founder community, helping companies find the support they need to scale globally. The fund's LPs include successful technology founders, executives, and experienced investors, as well as two institutional investors. This combination of financial backing and operational knowledge is central to Masia's approach.
Leadership and strategic outlook
Carlos Trenchs, Co-founder and Chairman at Masia, said Barcelona's technology ecosystem is nearing a tipping point and that capital alone does not create innovation. Pepe Borrell, Founding Partner at Masia Fund, added that the firm focuses on founders using AI and frontier technology to address significant market opportunities with international ambition. The team has grown to seven people, with Gemma Torruella leading operations and Cathy White joining as Fractional CMO.
Masia's debut fund close and the opening of Masia House mark a significant step for Barcelona's early-stage technology ecosystem. By pairing capital with a dedicated physical space and a broad network of operators and investors, the firm aims to help local founders scale globally. Masia is positioning itself as a first call for founders and investors arriving in Barcelona.