
Barcelona, Spain-based CriteriaCaixa, the holding company that manages the business assets of ‘la Caixa’ Banking Foundation, today announces a reboot of its start-up investment business to facilitate the growth of science and technology-based high-potential emerging companies.
Through its two funds, Criteria Bio Ventures and Criteria Venture Tech, it plans to invest 300 million euros ($343 million) in innovative early-stage companies, to promote transformative therapies and technologies that can have a positive impact on society, prioritizing long-term value creation. Investments will primarily be focused on Spain and Portugal, and selectively on Europe and North America. Investments in Spain represent nearly 70% of the current portfolio's value, reflecting the company’s strong commitment to developing the country's business and innovation ecosystem.
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