
22 Oct · 19 min
Masia just closed its first fund at €18m, backed by more than 70 founders, tech leaders and investors from Barcelona. It invests in startups with ties to the city at the very earliest stage, and connects them with some of the best funds from around the world. Carlos Trenchs Sainz de la Maza is Co-Founder and Chairman at Masia. The city now has a growing number of founders who have already built and sold companies, and funds from across Europe come every week looking for the next ones. Masia just opened Masia House in the city centre to bring this community together, with space for visiting investors to stay and work. The Scaling Europe show is presented by Deel. Check them out here: https://get.deel.com/ruynb7o4lfjk Sponsors: SurrealDB: https://surrealdb.com/ Airwallex: https://www.airwallex.com/uk Lovable: https://lovable.dev/ Parloa: https://www.parloa.com/ Conveo: https://conveo.ai/ NatWest: https://www.natwest.com/ WWT: https://www.wwt.com/ Timestamps: 0:00 Introduction 0:23 What Masia actually does 1:38 Why Barcelona is at a turning point 4:19 Raising the €18m fund from 70 investors 6:36 Startups Masia has backed 9:11 Opening Masia House 11:19 Venture as a people business 13:09 Keeping the second fund small 15:17 Getting returns back earlier 16:06 What he learned from backing other funds