San Francisco · 2026 · First cohort

Be here when the
doors open.

A dedicated $50M fund in San Francisco. Built for the Spanish founders ready to scale globally — converting geographic friction into permanent competitive advantage.

$50M
Target fund size
25
Portfolio startups
4.2×
Target return
~900 m²
Hub in San Francisco

The market failure

A structural problem.
Not a technical one.

90% of Spanish startups fail in the US, not because of their product but because of the friction around it.

60%

of founders return to Spain within 18 months.

Housing

Prohibitive costs in SF without US credit history.

Banking

Impossible to operate without a US bank account.

Legal

Fragmented advisory at $500–$800/hr with no continuity.

Network

6–18 months to build a transactional local network from zero.

Immigration

O-1, E-2, and L-1 visa processes are expensive and slow.

Isolation

Culture shock and severe founder loneliness erode execution.

The 360° solution

Everything you need.
Under one roof.

Live, work, eat, connect, accelerate, and settle. The hub absorbs the logistical wear-and-tear so the founder stays on the business.

01

Live

Partnership with a residence — furnished rooms with day-one community.

02

Work

Open coworking and 3 private suites.

03

Eat

Café with Spanish-Californian cuisine. Daily networking.

04

Connect

Weekly events and VC dinners in San Francisco.

05

Accelerate

20-week intensive on go-to-market and fundraising.

06

Settle

C-Corp setup, banking, and visa processing.

The investment vehicle

$50M. Public-private.
Co-investment.

A fully integrated infrastructure model — designed to capture portfolios that historically generate single-exit returns above $500M.

Target size

$50M

$25M institutional + $25M American VCs

Portfolio strategy

25

5 investments per year over 5 years

Average ticket

$2M

$1.2M initial + $800K reserved follow-on

Target return

4.2×

~$209M total value on Seed/Series A

Investment criteria

Four filters of
institutional quality.

01

Institutional Spanish validation

The company must have an institutional Spanish VC in cap table maintaining pro-rata in the round.

02

Demonstrable US traction

Active customers or users, signed LOIs, or a clear and solid US GTM strategy proving North American market penetration.

03

Dual-presence commitment

C-level commitment to relocate to the US; engineering and operations remain in Spain.

04

Bridge to US Series A/B

Cap table, governance, and metrics compatible with US VC standards for the next round.

Priority sectors

Six verticals with
natural Spanish corporate buyers.

Defense & Aerospace
Travel Tech
Logistics
Fintech
Cybersecurity
AI / Deep Tech

Spain ecosystem — institutional support network

VCs

Institutional Spanish funds co-investing in Seed / Series A rounds.

Accelerators

Programs with active pipeline of startups bound for the US market.

Banks & Institutions

Public financing and Spanish innovation banking.

Coworkings & Hubs

Reference spaces in the Spanish entrepreneurial ecosystem.

Join the waitlist

Be here when
the doors open.

Founders, investors, and partners — early waitlist members get priority access to the first cohort, the investment round, and the launch community and events.

100% focus on the business. Zero logistical friction.

By submitting you agree to be contacted about the Spanish Founders House fund, immersion program, and community.