IDC Venture funding news – Madrid-based IDC Ventures (IDCV) launches Fund of Funds at €150Million
Feb 27, 2025 | By Kailee Rainse
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Madrid-based IDC Ventures (IDCV) has launched its first fund of funds, VC4 FoF I, with a €150M target. The fund raised €33M in its first closing in January 2025.
SUMMARY
- Madrid-based IDC Ventures (IDCV) has launched its first fund of funds, VC4 FoF I, with a €150M target. The fund raised €33M in its first closing in January 2025.
- Founded in 2019 by Bobby Aitkenhead and Alejandro Ortega, IDCV supports early-stage to growth-stage founders.
VC4 aims to protect capital by investing in sectors that are expected to drive future economic growth, even in volatile tech markets. The fund follows a careful investment approach, spreading investments across different stages, regions, and technology sectors to maximize growth potential.
VC4 FoF I aims to protect capital by investing in top-tier technology venture capital funds, balancing risk and return. It uses a global approach to invest in innovative sectors.
Read also - Fund F funding news – Vienna-based Fund F Closes First Fund at €28Million
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The fund continues IDC Ventures’ mission of expanding access to diverse venture capital, following successful exits like BIPI and investments in startups such as CookUnity, SuperSim, and RecargaPay.
With a network of over 100 funds and 40 portfolio companies, VC4 has exclusive access to top investment opportunities. It plans to invest in around 30 venture capital funds, mixing established, high-performing funds with newer managers. The fund focuses on fintech, marketplaces, healthtech, and other key tech sectors across the US, Latin America, and Europe, while also staying open to strategic opportunities.
VC4 is gaining momentum in the market.
Early results suggest that VC4 is on track to avoid the J-curve effect, showing the fund’s ability to spot industry leaders. IDC Ventures has teamed up with Creand Wealth Management to create an exclusive investment vehicle alongside VC4 FoF I for institutional and high-net-worth investors. This partnership gives Creand clients direct access to top venture capital opportunities.
Bobby Aitkenhead, Managing Director of IDC Ventures and a former serial entrepreneur, leads the fund alongside Managing Partner Gonzalo Hinojosa, an experienced Private Equity professional.
Aitkenhead concluded: “Our new fund of funds, VC4 FoF I, marks a new chapter for IDC Ventures. We’re creating access to unique venture capital opportunities for both new and experienced investors through a diversified, balanced investment vehicle.”
IDC Ventures (IDCV) is the venture capital branch of IDC Network, managing €650 million in assets. It works with over 160 family offices in 30 countries, offering venture capital through its own funds, co-investments, and partnerships with industry leaders. The firm helps entrepreneurs by leading funding rounds, holding board positions, and providing expertise in areas like entrepreneurship, investment banking, private equity, consulting, and law.
About IDC Venture
Founded in 2019 by Bobby Aitkenhead and Alejandro Ortega, IDCV supports early-stage to growth-stage founders. It focuses on fintech and marketplaces in Europe, the US, and Latin America, particularly in Brazil and Mexico. IDCV operates from offices in Madrid, Miami, and Denmark, with a strong presence in New York, the UK, and Brazil.