ICO increases global Fondico to €1.5 billion

, ,
Integral service around a transaction
BY : Diego GutiérrezNovember Fri, 2015

Due to the good performance of the Fondico Global fund of funds two years ago, ICO has decided to increase the FOND-ICO Global endowment by €300M, from €1,200M to €1,500M.

Election of Fondico beneficiaries
The news comes at the same time as the resolution of the fifth FondiGlobal call, which has benefited 6 fund managers.
FOND-ICO Global's investment in the six selected funds will amount to a maximum of €121M, of which €100M will be allocated to two Expansion Capital funds, €12.85M to two Venture Capital and €7.74M to two Incubation. The successful candidates in this 5th call will invest a minimum of €606M in Spain.

The management companies selected in the fifth call were:

logic-fin template [Autosave]fondico


Fondico enables €3.2 billion to be raised for Spanish companies

This is Fondico's fifth call since its opening in 2013, benefiting 35 funds for a total amount of €876M.

 The fifth call was launched last summer with €154M. A sixth call will be considered before the end of the year, taking into account the market situation and the turnout of the fifth call.

The funds selected in the five calls made to date will invest around €3.2 billion in Spanish companies, out of a total of more than €10 billion, which is the target to be raised by the selected funds, both in Spain and abroad.
If you are looking for funding, please contact us. Abra-Invest has a team of experts in public financing at your disposal. Call +34 946424142 or fill in the contact form.

Other posts that may interest you

New Venture Capital Funds October 2015: Resilence, mVenturesBCN and Columbus

Gaitek: aid for Basque companies wishing to develop new products or new technology-based companies

H2020 PPP in the field of Big Data


The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?