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Status
ACTIVE
Global HQ
Barcelona, Spain
Countries of investment
  • Spain
Investment stages
  • Pre-Seed
  • Seed
Industries
  • AI
  • Generative AI
  • Deep Tech
  • Health Tech
  • Biotechnology
  • Fintech
  • Blockchain
  • Defense Tech
  • Climate Tech
  • Robotics
About
Masia is a Barcelona super angel fund founded by Carlos Trenchs and Pepe Borrell and spun out of the Aldea Ventures fund of funds. In October 2026 it closed its $20M debut fund, with about 65% of capital from roughly 70 founders and angels linked to companies such as Kantox, Vlex, Seedtag and Opentrends, plus $6.7M from Spain's SETT and $1.1M from Barcelona city council. The fund has backed 45 to 46 startups including Biorce, Prosper and Didit, co-investing with 60 specialist VCs such as Point Nine, Nina Capital and Lunar Ventures. It has also opened Masia House, a 1,000 m2, four-floor hub in Gràcia with workspace and accommodation for visiting investors.
Min check size
$140K
Max check size
$280K
Fund size
NPS

Investment Thesis

Masia is a super angel fund that backs AI and frontier tech startups with a Barcelona connection, whether Barcelona-born founders building locally or abroad or those who make Barcelona their home. It writes pre-seed and seed checks of $140K to $280K alongside specialist international seed funds, without leading rounds or taking board seats. Its differentiator is an LP base of 70+ founders and operators who give hands-on help with go-to-market, hiring and fundraising, plus the Masia House hub in Gràcia.
Lead investor
Co Invest
Number of exits
Preferred contact method

Manager's Experience

Pepe Borrell previously co-founded Crowdcube Europe and has worked across the European startup ecosystem, while Carlos Trenchs is a venture investor who co-founded Masia out of the Aldea Ventures fund of funds platform. Since 2025 the pair have backed 46 companies alongside 60 international seed funds, with portfolio companies such as Biorce and Prosper going on to raise rounds of $52M and $30M from investors including a16z.

Masia VC Contacts Information

Primary contact

Secondary contact

Team

Carlos Trenchs - Co-founder and Chairman

Pepe Borrell - Founding Partner

Gemma Torruella - Head of Operations

Cathy White - Fractional CMO

Portfolio

Biorce

Prosper AI

Didit

Zymvol

Galtea AI

Fermat

Capably AI

IMA Health

Oliva

Matter-form

Fund number
Year Founded
Vintage Year
Net Internal Rate of Return
Investment Multiple
Capital Allocation
Management Fee
Carried Interest
AUM
Follow-on Investments
Graduation Rate
Write-Off Ratio
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