We tend to think about Kibo Ventures as a start up, and as such, we are optimistic entrepreneurs that understand risks, how difficult it is to create a successful company and that the best teams do not only look for capital. Our best advocates are the entrepreneurs that have partnered with us.
We are hard workers, big thinkers and focused on execution, as it is our responsability to support our founders with the insights to build extraordinary companies and returns for our investors.
Co-Founder & Managing Partner
Co-Founder & Managing Partner
Aquilino Peña has been a very active player in the digital industry since the late 90s. He has served as Chairman of the IAB Spanish Chapter and as Director and Member of the board of the European Interactive Advertising Association (EIAA) and Board Member of the Asociación Española de Anunciantes (AEA). Currently he serves on the board of ASCRI (Spanish VC association) and in the board and Exec Committee of @adigital (Spanish Digital Association).
As a Founding partner of Kibo Ventures, he sits on the Investment Committee and focuses on transactional businesses, mainly marketplaces, enterprise software and Big data/Analytics. He has been instrumental in some of the Fund I exits, such as Blink Booking, PromoFarma, Captio and Trip4Real. Some of the companies where he is hands-on and sits on their board are Devo, Carto, Paack, 21Buttons, KDPOF and Cibeles Cars.
Aquilino started his career in BCG (Madrid and Sao Paulo), before becoming an entrepreneur, as part of the founding group of Submarino.com (IPO in 2004). He later became General Manager for the Orange Interactive Service Business Unit. His last corporate assignment was as CEO of MediaEdge:cia for Spain and Portugal, the largest media buying agency of WPP in the region. Aquilino earned an MBA from the Harvard Business School and holds a dual degree in Law and Business Administration from ICADE.
Co-Founder & Managing Partner
Co-Founder & Managing Partner
Together with Aquilino and José María, Javier is a Co-Founder and Managing Partner of Kibo Ventures. Sits on the Investment Committee, oversees the strategy of the firm and has worked on the development of the international VC network. He serves or has served on the boards of Flywire, JobandTalent, Captio, Odilo, DefinedCrowd, Iguama amongst others. Javier has also led the efforts of establishing Kibo Ventures in Portugal, which will be key in the strategy of Fund III.
Javier started Angel investing back in 1999 in companies like Idealista (leading real estate classified in Spain, invested by Tiger Global and Apax) and was part of the management team of Netjuice in the early 2000’s. Netjuice, a €60m incubator funded by 3i, GE Capital and other institutional and private investors, had a major exit in 2004, with the acquisition of Kelkoo by Yahoo Inc for $575m. In addition, Javier accumulates more than 15 years of transaction experience in investment banking with global financial institutions like Lehman Brothers and UBS.
Javier received an MBA from INSEAD and holds a dual degree in Law and Business Administration from ICADE. He also holds a post-graduate in International Relations & Politics from the Global Leadership Institute at the University of California San Diego (UCSD) Javier and Aquilino were classmates at ICADE and close friends ever since. Javier and José María worked together for 5 years at UBS and have known each other for over 25 years.
Javier loves practicing sports like golf, skiing and tennis. Is a foodie enthusiast and wine lover. His entrepreneurship experience, besides launching Kibo Ventures, includes setting up a cocktail bar with Argentinian renowned barman Diego Cabrera and group of friends and family.
Jose María Amusátegui
José María is a co-founder of Kibo Ventures and leads the Business Development area. He was instrumental in the design and negotiation of Kibo Ventures and its Funds set up and negotiation. He is also a member of the Investment Committee.
José María is also a Founding Partner of Cygnus Asset Management SGIIC SA, the first independent regulated firm approved in Spain to manage hedge funds. He has over 30 years experience in Consulting, Private Equity, Investment and Private Banking.
Before joining Cygnus, José María worked for 14 years for UBS (1992-2006) in both the Investment Banking and Wealth Management divisions. Initially based in London and later in Madrid, he was involved in M&A, IPO’s, equity derivative structures while at Corporate Finance. During his years in the Wealth Management side of the business, he launched a Corporate Finance capacity dedicated to private clients (where he worked with Javier Torremocha for 5 years) as well as the Key Clients Group, covering the largest private clients in Spain.
José María began his professional career in 1986 working at the consulting division of Arthur Andersen (now Accenture), gaining experience on information systems, programming and strategic management consulting. Later in 1988 he worked for Advent Spain, a private equity firm that was part of Advent International at the time, generating deal flow, doing financial analysis and due diligence.
He holds a Law degree from Universidad Complutense in Madrid and an MBA from ESADE in Barcelona. He has also been designated as a Chartered Alternative Investment Analyst (CAIA).
Sonia has over 18 years of experience leading digital businesses. She joined Kibo in 2016 and has since specialized in investments in different sectors such as Big Data/AI (Vilynx), Adtech/Media (Stoyo, Tappx, Mediasmart), Education Technology (Odilo) and Mobility/Logistics (Bipi, Gestoos, Tier). Sonia sits on the boards of Tappx, Stoyo, Vilynx, Gestoos, Bipi and Mediasmart. Since joining Kibo Sonia has been focused on identifying dealflow from US companies with presence in Spain. She has spoken about the benefits of this hybrid model at the Stanford Business School and other forums. Sonia is a regular speaker in different venture forums and is actively involved with different initiatives promoting women in private equity & venture capital.
Sonia has an extensive experience in the digital sector having founded and lead digital businesses such as MercadoLibre, Match.com or Specific Media/Vindico in Spain. Sonia started her career in investment banking at Lehman Brothers in London and New York and also worked in private equity at 3i in Madrid.
Sonia holds a BA degree in Business from ICADE (Spain) and an MBA from Stanford University. Sonia has published two books on networking and social networks, was awarded the Stanford Associate Award (limited to 2,700 alumni worldwide), and is currently VP of the Stanford Alumni Association in Spain. She is also member of the International Women Forum.
Juan has more than 11 years of experience in the world of technology; He joined Kibo Ventures in 2013 and since then has been involved in the analysis, investment, management and exit of portfolio companies. He has specialized in sectors such as BigData (Devo, Carto), IoT (Worldsensing, Aerial), Enterprise SaaS (Captio, Billin), and Cybersecurity (Blueliv, Qustodio). He has been instrumental on designing and building the internal BI tools at Kibo Ventures and has collaborated raising funds from public initiatives (EIF, Fond-ICO, CDTI) and introducing prospective investors. He is mentor and represents Kibo Ventures at the Selection Committee at Impact Growth, one of the leading European Accelerators and manages the relationship with Wayra, Telefonica.
Prior to joining Kibo Ventures, Juan worked as a research engineer, project manager and business developer in the defense and security industries at Indra Systems.
Juan will graduate as MBA from the Massachusetts Institute of Technology (MIT) in June’19. He holds a BS in Telecommunication Engineering from the University of Massachusetts, where he graduated Magna Cum laude.
Joaquin Rebuelta joined Kibo Ventures in 2014, where he has been core part of the investment team. Within his role he has led both investments and divestments, along having taken and active role in the following industries: Marketplaces (Promofarma, Mascoteros), Travel (Minube, Apartum), Mobility/Logistics (Cibeles, Paack), Edtech & HR (Jobandtalent Gamelearn), and Consumer apps (21Buttons, Hole19).
Additionally, he actively collaborated in the fundraising of Fund II both preparing materials for public initiatives (EIF, Fond-ICO, CDTI) and introducing new investors. Joaquin collaborates and represents Kibo Ventures with South Summit and is an active participant in industry forums.
Prior to joining Kibo Ventures, Joaquin worked at leading financial global firms in London and Madrid. He started his career at Lehman Brothers in 2007 within the Tech and Media team. In 2009 he joined Mediobanca M&A team where he covered corporate finance transactions in Spain and LatAm.
Joaquín holds a Law & Business Administration degree from Icade (E-3).
COO, Investors Relations
COO, Investors Relations
Valeria joined Kibo Ventures in 2016. She is responsible for the financial, legal and compliance issues of Kibo Ventures Partners SGEIC and all the funds. She is also in charge of Investor Relations and manages relationship with Regulatory Agencies. Valeria launched Fund II together with the rest of the team.
Valeria has over 15 years of experience in venture capital and corporate finance. She held different financial positions: Client Advisor at UBS Wealth Management, Investment director at VC firm Najeti Capital SCR and executive Director at Círculo Fortuny. Valeria worked over 10 years for Najeti Capital (VC firm specialized in Tech and Biotech companies).
Valeria holds a Business Degree from ICADE, MBA from Instituto de Empresa and General Management Program (PDG) from IESE.
Jordi joined Kibo Ventures in 2017 as an Investment Manager. As part of the investment team he works on sourcing and due diligence of investment opportunities and supporting portfolio companies. He is based in Madrid but spends part of his time looking for opportunities in Barcelona. Since he joined the team, he has been involved in the investment and portfolio management of Consumer apps (21 Buttons), Mobility/Logistics (Bipi, Pack), Artificial Intelligence (Gestoos), Fintech and Proptech opportunities.
Prior to joining Kibo Ventures, Jordi accumulated operational experience in Deliberry, a groceries delivery startup based in Barcelona, where he was responsible of building up operations, processes and logistics. Prior to that, Jordi was consultant in Odgers Berndtson Management Consultants
Jordi holds a MSc in Industrial Engineering at the Universitat Politècnica de Catalunya.
Luis Fer Robledo
Luis Fer joined Kibo Ventures in September 2018 within a 1-year secondment program from his previous employer, McKinsey & Company. There, he spent nearly 3 years as a management consultant in the Madrid office, where he had the opportunity to work for clients in Spain and Europe in many different industries: shipbuilding, retail, travelling & tourism, tech, advanced industries, telecommunications and logistics. This allowed him to help clients on diverse topics such as M&A, strategy, operations, organization and di- gitalization. Since he joined the team, he has been involved in the investment and portfo- lio management of Artificial Intelligence (Vilynx), Mobility/Logistics (iContainers), Edtech (Gamelearn), Proptech and e-sports opportunities.
Prior to McKinsey, Luis Fer worked as a business analyst in Rocket Internet developing ZipJet, an on-demand laundry start-up based at London. He was responsible of building up the operating and business model for London and he participated in launching Berlin and Dublin operations. He also has experience in business intelligence and marketing.
Luis Fer holds a MSc in industrial engineering from Universidad Politécnica de Madrid and a Master in industrial technology and operations from Illinois Institute of Technology.
Pedro is currently cofounder at Vernon, a consultancy firm helping growth-stage startups scale their product and engineering practices. He’s also an Expert in Residence at Google Campus Madrid.
Pedro was a strategy consultant in Strategy& (part of the PwC network), where he was involved in digital strategy and operations projects both in Europe and LatAm. He launched PwC Spain’s startup services department and won their national entre- preneurship contest. He also worked for the gaming company Social Point – acquired by Take Two for $276M – where he led the company’s main IP, Dragon City, as Product Manager. After that, he joined Jobandtalent and became VP of Product.
He studied Industrial Engineering at Universidad Politécnica de Madrid, where he founded the Entrepreneurship Club. He also participated in the Imagine design thinking program in Silicon Valley.
Teo is currently cofounder at Vernon and Expert in Residence at Google Campus Madrid. He has been involved with the tech scene for more than 15 years, managing engineering teams and tech strategy for top-tier companies in Spain and UK.
After 3 years working on open source development, Teo started his startup career as the first engineer in Fon (Madrid, 2005-2008). After that, he led the software team behind one of the biggest web media outlets in Spain, ELPAIS.com (Madrid, 2008- 2010). Then, he worked as CTO at Busuu (London, 2011-2013) supporting a language learning product with 30 million users and as Head of Engineering at Lyst (London, 2013-2014), a personalised fashion marketplace..
Most recently, at Jobandtalent, Teo was VP of Engineering (Madrid, 2014-2016), where he helped grow the technical team, leading a team of 70 engineers. He was also involved in the company strategy and fund raising.
María joined Kibo Ventures in November 2018 and is responsible for it’s office management. She also gives full support in the operations, legal and financial area of Kibo Ventures Partners SGEIC and all the funds. She also helps with the organization of Kibo Ventures’ events.
She has over 10 years of experience in administrative and events organization roles. She was responsible of public relations, protocol area and cooperation with government, social and cultural institutions for AXA Foundation. Previously, she was Key Account manager at Bodaclick.
The last few years she has developed her career at International Culture Exchange, an exchange student’s agency, were she carried out the management, finance and administration duties of the company.
María holds a degree of Protocol and Institutional Relations from EIP (Escuela Inter- nacional de Protocolo) in Madrid.