Mouro Capital has announced the first close
of its third fund, securing $400 million from Banco Santander, the firm’s
longstanding strategic partner. The latest fundraising brings Mouro Capital’s
total investment commitments to more than $1 billion.
Mouro Capital is an independently managed
venture capital firm focused on financial services and technology. Since 2015,
Mouro Capital’s team has invested across North America, Europe and Latin
America, typically backing companies from seed through to Series C stages.
Its investment strategy is centred on
emerging technologies shaping financial services, including artificial
intelligence, data infrastructure, blockchain and governance, risk and
compliance technologies. Areas of focus for the new fund include capital markets,
wealth management, insurtech and AI-enabled enterprise infrastructure.
Manuel Silva Martínez, General Partner at
Mouro Capital, said:
We’re proud to have built a global
platform delivering strong, consistent returns. With this fund, we’re excited to
back the next generation of global founders rewiring financial services through
the lens of AI, data and infrastructure.
He added that Mouro Capital sees growing
opportunities in areas such as capital markets, wealth management and
governance, risk and compliance technologies, driven by developments in AI and
blockchain, while insurtech remains an underserved segment where the firm plans
to increase its focus.
With seven investments already completed
through the new fund, Mouro Capital has begun deploying capital into companies, including Eleven Labs and Sakana AI, reflecting its focus on AI-driven
transformation within financial services and enterprise operations.
According to Mouro Capital, the new fund
will continue supporting founders across fintech and enterprise infrastructure,
while maintaining follow-on investments in existing portfolio companies.
