“With this new fund we intend to be a window to the world of global innovation for Spanish investors,” says Enrique Penichet, founding partner of Draper B1. This new investment vehicle of 100 million in collaboration with Renta 4 is added to the three that the Spanish manager has already raised and that have focused on start-ups in the initial phases in Spain, where they have had notable divestments such as MrJeff, Signaturit or Skitude.
Draper B1, the Spanish venture capital manager hosted under the umbrella of Tim Draper, initial investor of Coinbase, Baidú, Twitch or Tesla (where he entered even before Elon Musk), launches a new investment vehicle of 100 million
