Nauta Capital

About Nauta Capital

Nauta Capital is a pan-European B2B SaaS specialist venture capital firm with approximately €585 million of cumulative AUM as of December 2024 (€550 million historical raised across Funds I-IV plus Fund V €190 million closed November 2021, plus signals of Fund VI in market 2025), headquartered in London with co-headquarters in Barcelona, Spain and an additional Munich office. The firm was founded in 2004 in Barcelona and operates as a partner-owned independent dual-regulated VC (CNMV Spain via Nauta Capital VC Partners SGEIC SA plus FCA UK via Nauta Capital UK Ltd). The platform has backed 95 plus portfolio companies with €2.5 billion of cumulative exit value.

Investment thesis

Nauta Capital deploys capital through five plus active funds (Funds I-V, Fund V €190 million vintage 2021), targeting early-stage (Seed / Series A) B2B software with €1-5 million initial tickets and a non-fragile thesis prioritising capital-efficient, cycle-resilient B2B SaaS. Sector focus spans B2B SaaS and enterprise software, retailtech, revenuetech, fintech, insurtech, productivity, healthtech, devtools and infrastructure, AI and ML and data, security and privacy and deep tech. Geographic deployment is pan-European core (UK, Iberia, DACH) with selective US via Boston historical presence.

Recent activity

Recent realised exits include fintech and climate (Datia, 2025), SaaS and productivity (airfocus, 2025), identity and security (BoxyHQ, 2024), location intelligence (Geoblink, 2024) and SaaS marketplace (GetApp, 2026). Recent acquisitions include network security (NetBird Series A $10 million, 2024-2025), crypto custody and fintech (Tangany €10 million, 2024), devtools (Unravel $7 million, 2024) and HR-tech (Zelt $6 million, 2024). The platform continues active deployment of the multi-fund European B2B SaaS franchise. Detailed buyer names and multiple data available on Pro at €29/month.