# Top 50 SaaS VC (Venture Capital) Funds in Spain in May 2026

## ENISA
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 64
- Stages: Seed, Debt Financing, Pre-Seed
- Focus: Software, Health Care, Information Technology

ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects.

## Caixa Capital Risc
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 59
- Stages: Seed, Series A
- Focus: Software, Biotechnology, E-Commerce

Caixa Capital Risc (CCR) is the VC arm of CriteriaCaixa which invests in innovative companies in their start-up and growth stages. The company has three specialised teams in the areas of Information Technology, Life Sciences, and Industrial technologies.
Caixa Capital Risc currently manages more than €300m through 11 specialised vehicles.

## Cabiedes & Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 53
- Stages: Seed, Series A
- Focus: E-Commerce, Internet, Fashion

Cabiedes & Partners is a Spanish venture capital firm that provides seed funding and early-stage and later-stage investment services.
Cabiedes & Partners was founded in 2009 and is headquartered in Madrid, Spain.

## Inveready
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 46
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Information Technology

Inveready is a leading alternative asset manager in Spain - investing in early-stage VC, growth VC, venture debt, strategic equity in listed companies, infrastructure and private equity - providing financing solutions to companies throughout their life-cycle. Founded in 2008, Inveready counts on 177 active companies, 61 exits and more than €1bnof assets under management. Some of our portfolio companies have been acquired by multinationals such as Intel, Symantec, IBM, and Facebook, whilst others are listed in public markets such as NASDAQ, the Spanish BME Growth, AIM London, and Euronext Growth. (visit www.inveready.com for more information)

## Wayra
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 42
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

Wayra is a globally connected and technological open innovation hub in the world. We currently operate in 10 countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela.Through Telefónica our global presence allows us to be at the helm of innovation, shoulder to shoulder with drivenentrepreneurs and in a position to engage the right partners and leaders of industries for business. Our mission is clear, to connect innovators with Telefónica and generate joint business opportunities. We are the interface between Telefónica and entrepreneurial ecosystems across the globe because innovation makes good business sense.

## Draper B1
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 42
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Internet

Our mission is to help entrepreneurs who are innovating and transforming the way we live and work.

## Angels Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 40
- Stages: Seed, Angel
- Focus: Software, E-Commerce, Financial Services

Angels Capital philosophy is to find and support at 1 able to lead a project. Their goal is to support the entrepreneurial, helping to create new businesses, help grow their business sector, generate employment and create wealth.

## JME Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 40
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

JME Venture Capital is an early-stage investment fund based in Madrid and Barcelona. The company was established in 2009 and is based in Madrid, Spain.

## Bankinter
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 37
- Stages: Seed, Series A
- Focus: Software, FinTech, E-Commerce

Bankinter is an innovative Spanish commercial bank. From an investment perspective, Bankinter's Venture Capital team and Fundación Innovación Bankinter jointly develop a program called Venture Capital Program, focused on identifying and investing in high potential startups using the bank's resources. The program has been active since2013, and from that moment it has already invested in more than 40 startups. In addition to the investment itself, the program tries to add value to the companies with which it interacts through the sharing of experiences and best practices.A key part of the company's strategy is the quality of customer service and innovation. The spirit is defined by the values ​​agility, enthusiasm, integrity, and originality. The company offers a wide range of financial products and services, in addition to advising clients, aggregators, product simulators, and a variety of value-added services. The company's staff are trained, agile, flexible workforce, capable of adapting to technological and market changes.Bankinter was founded on 1965 and is headquartered in Madrid, Spain.

## Encomenda VC
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 35
- Stages: Seed, Pre-Seed
- Focus: Software, FinTech, SaaS

Encomenda is a Venture Capital specialized in seed investments in technology startups. They open the door to investors and professional business angels to capitalize on their investments through collective investment vehicles. They minimize investment risks thanks to the diversification of the portfolio and preferential access to the best projectsin search of financing.

## Big Sur Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 33
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Internet

BSV invests early, commits personally and team up with exceptional founders to help build extraordinary companies. What we do: Seed Phase, Technology Based & Investments.

## Kibo Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 31
- Stages: Series A, Seed
- Focus: Software, E-Commerce, Mobile

Kibo Ventures, based in Madrid (Spain) is a VC Fund focused on early-stage investments in digital companies. Kibo Ventures manages $130 million from a mix of institutional and private investors, including IEF, Telefonica, the Spanish Government (through CDTI), Mutua Madrileña (Spain's largest insurance company) and Axis (ICO's 25year-old private equity arm).Specifically, Kibo likes to invest in companies which combine exceptional and committed teams, aiming to digitalize a product or service in a big-enough market with international potential. Kibo is managed by an experienced team of professionals with a solid track record, who are actively involved in the companies in which they invest. Kibo follows a stage-investment approach and financially supports portfolio companies as they grow, whilst promoting co-investment from valuable investors.

## Faraday Venture Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 30
- Stages: Seed, Series A
- Focus: E-Commerce, SaaS, Software

Founded in 2011, Faraday Venture Partners is a pan-European Venture Capital firm investing in European innovative early-stage startups via its network of Clubs of  Investors and its own Funds.

## Nauta Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 29
- Stages: Series A, Seed, Series B
- Focus: Software, SaaS, Mobile

Nauta Capital is a Venture Capital firm investing in early stage technology companies. Main areas of interest include B2B Software propositions, disruptive Digital Media companies, and enabling technologies for Mobile and the Internet. Nauta has over €300 million under management and invests across Europe. Nauta operates from London (UK), Barcelona(Spain) and Munich (Germany).

## 4Founders Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 27
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, FinTech, Financial Services

4Founders Capital is Venture Capital fund, founded in Barcelona in 2017 investing in high growth technology companies with a clear focus on profit generation, efficient use of capital and with solid teams.4Founders Capital is promoted by Jesús Monleón, Marc Badosa, Javier Pérez-Tenessa and Marek Fodor. 4Founders team's international DNA andextensive experience as Founders and CEOs of successful technology companies allows to assist entrepreneurs and maximize their chances of success to build high impact global technology businesses.We are interested in projects with solid teams, which aim to create large international companies, with a market-tested superior product or service, and a clear revenue and profit generation model. Companies are not required to be in break-even.We invest anywhere from €100K in early stage investments, and typically bring co-investors with us to increase that amount. We do follow-ons for up to €4M per company over the lifetime of our investment.

## Centre for the Development of Industrial Technology (CDTI)
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 27
- Stages: Seed, Grant
- Focus: Biotechnology, Health Care, Software

The Center for Industrial Technological Development (CDTI) is a public corporation under the Ministry of Economy and Competitiveness, which promotes innovation and technological development of Spanish companies. Is the entity which channels requests for funding and support to projects I + D + i of Spanish companies in the national andinternational levels. The CDTI has a staff of more than 300 people formed three quarters of engineers and graduates. Although the bulk of the infrastructure of the CDTI is located in Madrid, the Centre offers Spanish companies a strategic network of offices and representatives abroad (Japan -SBTO (Spain Business and Technology Office) - Belgium -SOST (Spain Office of Science and Technology) and Permanent Secretariat Eureka-, Brazil -FINEP (Financier of Studies and Projects) -, Korea, Chile, Morocco, China, India, Mexico and USA) to support them in their technological activities of type int .

## Sabadell Venture Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 27
- Stages: Seed, Series B
- Focus: Software, E-Commerce, Internet

Sabadell Venture Capital's main purpose is to support entrepreneurial Spanish projects during their initial stages (Seed and Early Stage). They want to be the financial partner of the startups and to be part of its innovative and transformative projects. They add value to the company through the different stages of its growth. Banco Sabadellis defined by its entrepreneurial spirit: “A bank by entrepreneurs, for entrepreneurs, helping entrepreneurs".

## EASO Ventures
- Type: VC Fund
- Location: San Sebastian, Pais Vasco, Spain
- Relevant deals: 27
- Stages: Seed, Series A
- Focus: Software, Health Care, Education

Easo Ventures es una Sociedad de Capital Riesgo Vasca y Privada, cuyo objetivo es invertir en Startups y PYMES con proyectos de crecimiento.

## Lanai Partners
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 26
- Stages: Seed, Pre-Seed, Angel
- Focus: FinTech, Software, E-Commerce

Lanai Partners is an angel group that invests in digital startups in Spain. The company partners with business leaders that specialize in different areas of expertise to analyze all type of industries and create the maximum value their investments.
Lanai Partners was founded in 2016 and is based in Barcelona, Catalonia, Spain.

## BStartup
- Type: VC Fund
- Location: Sant Cugat Del Vallès, Catalonia, Spain
- Relevant deals: 26
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Health Care

A Banc Sabadell initiative to support young companies in developing their projects. Bstartup is designed to support entrepreneurs so their projects can be developed with maximum guarantees of success.
- Investment and growth
- Specialized products and branches
- Collaborative innovation

## TheVentureCity
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 26
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Our ticket size ranges from $100-500k for Pre-seed/Seed and $1-4M for Series A companies. We're in search of promising-founders with product-driven mindsets who have a passion for building. Those who've fallen in love with data. For we believe in fit---both product and with the team here. Got a great idea? Come to TheVentureCity and give it the expertise to help it grow.

## Adara Ventures
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 25
- Stages: Series A, Seed
- Focus: Software, Information Technology, SaaS

We help create a path Seed to exit, we've been there. We're experienced tech investors. We partner with founders with vision, courage and the capacity to execute.

## The Crowd Angel
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 23
- Stages: Seed, Equity Crowdfunding
- Focus: Internet, E-Commerce, Software

The Crowd Angel is a premium equity crowdfunding platform that enables its users to invest from 3.000€ in a selection of the best Spanish startups. A hybrid between crowdfunding and venture capital, it takes an active part on the board of the companies invested. The platform opens the business angel model to people wanting to enter the startupecosystem.We have co-invested together with some of top Spanish VCs (Inveready, Keyword VC, Antai Venture Builder, Media Digital Ventures, Bankinter, etc). We are backed by Inveready and Keyword VC.

## Bonsai Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 21
- Stages: Series A, Seed
- Focus: Software, E-Commerce, Logistics

Bonsai Partners is a Venture Capital investment company based in Madrid, Spain. We invest in both primary and secondary opportunities in Tech startups from Europe.

## Bonsai Venture Capital SCR
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 21
- Stages: Seed, Series A
- Focus: E-Commerce, Advertising, Mobile Apps

Bonsai Venture Capital has been encouraging entrepreneurs since 1999.

## GoHub Ventures
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 19
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Internet of Things, Artificial Intelligence

Ayudamos a startups deep tech a convertirse en grandes participantesen el sector del agua, industria 4.0 y smart cities.

## ESADE BAN
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 19
- Stages: Seed, Angel, Series A
- Focus: Software, Internet, SaaS

ESADE BAN is a Barcelona-based business angel network that works to advance entrepreneurship and investments in Spain.

## Lánzame Capital SL
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 18
- Stages: Seed, Pre-Seed
- Focus: FinTech, Information Technology, Software

Lánzame Capital is a pledge fund in Spain that invest in startups. Lánzame is promoted by a group of investors who work in different economic and business areas with many years of experience in different sectors.

## Demium Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 18
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Health Care, Information Technology

Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic

## Alma Mundi Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 17
- Stages: Series A, Seed
- Focus: Software, InsurTech, Insurance

We back bold and purpose-driven founders.

## All Iron Ventures
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 17
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Internet

All Iron Ventures partners up with bold founders promoting innovative startups. We mainly invest in the early stages of European companies that aspire to reshape the future of both consumers and enterprises through technology. We at All Iron Ventures have been and continue to be entrepreneurs. We know what it is to be a founder and empathize withthe challenges our partner founders face. We put our resources and experience creating, scaling and selling companies at their disposal to help them take their projects to the next level. Based in Bilbao, Spain, and with approximately €110Mn under management, All Iron Ventures was promoted by the founders of Ticketbis, a global marketplace sold to eBay in 2016, in what is one of the main success stories in Spain’s startup ecosystem.

## Athos Capital
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 17
- Stages: Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Athos Capital is a venture capital firm.

## Reus Capital Partners
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 17
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Information Technology, Social Media

Fondo de capital riesgo familiar especializado en startups digitales en fase semilla. Somos un Super Business Angel | Reus Capital Partners.

## Banco Sabadell
- Type: VC Fund
- Location: Alicante, Comunidad Valenciana, Spain
- Relevant deals: 17
- Stages: Seed, Debt Financing
- Focus: Software, E-Commerce, Internet

Banco Sabadell is a banking group that specializes in serving small and medium enterprises. It comprises of several banks, brands, subsidiaries, and associated banks.
The company was founded in 1881 and is headquartered in Alicante, Spain.

## Antai Ventures
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 16
- Stages: Seed, Series A
- Focus: E-Commerce, Marketplace, Shopping

We back incredible people and help them build disrupting products with the potential of changing the lives of millions.

## SODENA
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 16
- Stages: Debt Financing, Seed
- Focus: Biotechnology, Health Care, Software

SODENA is the main instrument of the Government of Navarre for the business development of the region. SODENA carries out its activities as a public limited company, with a majority direct shareholding of 65.42% by the Government of Navarre, and an indirect participation through Nafinco (14.58%). It also participates in the shareholding of GrupoCorporativo Empresarial Caja Navarra (20%), through TME 2001 CorpCan, S.L.

## Seaya
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 16
- Stages: Series A, Seed, Series B
- Focus: Internet, Financial Services, FinTech

Seaya Ventures is a Spanish venture fund investing in early and growth-stage Internet and technology-enabled companies in Spain and Latin America. The firm seeks to transform early and growth-stage companies into category leaders, with a focus on innovative businesses that require growth or expansion capital and can build lasting value.Itsinvestments are focused on products and services that facilitate the migration to a digital world such as digital marketplaces, consumer and internet media, consumer and mobile media, enterprise, and consumer software and services, and Payment: Internet and Mobile.

## CDTI
- Type: VC Fund
- Location: Ventura, California, United States
- Relevant deals: 14
- Stages: Seed, Debt Financing
- Focus: Software, Information Technology, Health Care

CDTi (NASDAQ: CDTI) is a cleantech emissions control company that designs, develops and manufactures sustainable solutions to reduce emissions of on- and off-road engine applications.

## Abac Nest
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 14
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: FinTech, Software, Information Technology

Abac Nest is a venture capital vehicle investing in seed-stage companies in Spain.

## 101 Startups
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 13
- Stages: Seed, Angel
- Focus: Internet, Mobile, Software

101Startups is an investment firm based in Spain that specializes in early-stage startup companies.
The company is an investment fund which aims to invest in early stage digital and new technology companies.

## Telegraph Hill Capital
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 13
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, Enterprise Software

Telegraph Hill Capital is an early-stage venture capital firm focused on start-up companies primarily in North America.

## Xesgalicia
- Type: VC Fund
- Location: Santiago De Compostela, Galicia, Spain
- Relevant deals: 12
- Stages: Seed, Pre-Seed
- Focus: Software, Biotechnology, B2B

XesGalicia is a Galician Venture Capital Management firm. It finances company development through the temporary acquisition of minority shares of the capital of unquoted companies.

## Startupxplore
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 11
- Stages: Pre-Seed, Seed, Equity Crowdfunding
- Focus: Artificial Intelligence, Food and Beverage, Software

Startupxplore is a premium startup investment platform that allows unexperienced and time-savvy investors to diversify their portfolio by co-investing with a group of top-level investors with a proven track record on startup investment.

## Fides Capital
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 11
- Stages: Seed, Pre-Seed, Series A
- Focus: Telecommunications, Software, Automotive

Fides Capital is an investment firm, specialized in seed and early stage technology-based companies with scalable B2B business models that have already achieved recurring income. We back committed and experienced teams who are capable of leading ambitious projects with international projection. But, beyond the professional abilities, for usit's essential to have a personal understanding and alignment of interests with the entrepeneurs in order to row together in the same direction. Partnering with the teams is a key pillar in Fides's investment strategy since we like to collaborate actively with them, sharing our experience and knowledge. We invest between 50,000 € and 400,000 € per deal by disbursing funds in gradual installments and we co-invest with other participants that assume the role of lead investor.Our portfolio companies are mainly in the telecom, B2B services, health, fintech and edutech sectors: - AdmInMe (www.admin-me.com)
- Agile Content (www.agilecontent.com)
- eGarante: (www.egarante.com)
- Excom (www.excom.es)
- Imegen (www.imegen.es)
- Indexa Capital (www.indexacapital.com)
- Joinup (www.joinuptaxi.com)
- Kuaderno (www.kuaderno.com)
- Masmovil (www.masmovil.es)
- Next (www.gruponext.es)
- Nuubo (www.nuubo.com)
- Playfilm (www.playfilm.tv)
- Quantyca (www.quantyca.com)

## Swanlaab Venture Factory
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 11
- Stages: Series B, Series A
- Focus: Software, Enterprise Software, Information Technology

We help entrepeneurs build succesfull companies. We are more than a Venture Capital, we are a Venture Factory.

## BeAble Capital
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 10
- Stages: Pre-Seed, Seed, Series A
- Focus: Biotechnology, Manufacturing, Software

BeAble Capital is a Science Equity Fund, therefore it is a pre-seed, seed and early stage venture capital management company specialized in the identification, valuation, launch and development of technologies in the sectors of advanced materials (nanotechnology and biotechnology), photonics, micro and nano electronics and Information andcommunications technologies (ICT) platforms.It acts as the link between scientific, entrepreneurial and investing worlds to promote the transfer of technology, the creation and the development of technology-based companies (start-ups) from private equity. The company is focused on strong intelectual property and long R&D background projects. Their work provide value at different stages of development by offering support in strategic points such as the identification of technologies, valuation, transfer, companies creation, fundraising, marketing, internationalization and administrative and managerial expertise.

## HOWZAT Partners
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Travel, E-Commerce, SaaS

Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. HowzatPartners was founded in 2006 and is based in Luxembourg and London.

## Clave
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Biotechnology, Health Care, Software

Clave is an investment management company.

## Archipelago Next
- Type: VC Fund
- Location: Las Palmas De Gran Canaria, Canarias, Spain
- Relevant deals: 10
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Artificial Intelligence

Archipelago Next support and promote the entrepreneurial ecosystem.

## Seed Capital Bizkaia
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Health Care

Seed Capital de Bizkaia is a Regional Council company affiliated to Biscay Regional Council's Department of Economic Development and Innovation (Departamento de Innovación y Promoción Económica de la Diputación Foral de Bizkaia) whose aim is to manage a Venture Capital Fund called “Seed Capital Bizkaia, F.C.R.”.

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