Cardumen Capital

Venture Capital Active Tel Aviv-Yafo, Israel Est. 2017
Last updated 2026-06-18
Portfolio
27
in our dataset
Rounds participated
45
Rounds led
9
Rounds' value
$537.3M
total disclosed, rounds participated
Stages
Pre-Seed, A Round, Seed

About

Cardumen Capital is a global venture capital and asset management company with presence in Europe and Israel that invests in world-class founders who bring the future into the present.

With $320M in Assets Under Management, Cardumen Capital’s extensive portfolio encompasses tech companies and fund investments across three different strategies, with global coverage.

Cardumen Capital strives to be the most active investor for both entrepreneurs and investors. Its portfolio benefits from decades of experience in the world’s most important tech ecosystems, a culture of radical collaboration and absolute availability. Cardumen Capital is backed by world-leading institutional investors and corporations.

Portfolio · 27

Rylo
Text and Speech Conversion
Led ★ 3 rounds $101.0M committed Latest: 2026-06
Brandlight
AI Visibility and Sentiment Platform for Brand Representation
Led ★ 2 rounds $35.8M committed Latest: 2026-02
Malanta.ai
Redefining Cybersecurity with Advanced Asset Protection
Led ★ 1 round $7.0M committed Latest: 2025-11
Second Nature AI
Personal AI Coaching Platform for Sales Representatives
3 rounds $37.5M committed Latest: 2025-10
IVIX
AI Platform for Finding Tax Evasion
3 rounds $85.5M committed Latest: 2025-08
Vendict
Transforming Security Questionnaires Through The Power of Generative AI
3 rounds $19.5M committed Latest: 2025-08
bananaz
Design Change Management Platform for R&D Teams
1 round $5.3M committed Latest: 2024-12
Alison.ai
AI-Powered Creative Intelligence Platform
2 rounds $18.4M committed Latest: 2024-11
Verax AI
Enterprise-grade Software Solutions that Ensure Visibility and Control of AI in Production
1 round $7.6M committed Latest: 2024-10
illumex
Unified Business Data Language for Enterprise
Led ★ 4 rounds $14.6M committed Latest: 2024-06
NeuReality
Transforming AI Inference with Disruptive NR1 Technology
2 rounds $28.0M committed Latest: 2024-03
Substrata
Realtime Intelligence for Dealmakers
Led ★ 1 round $5.0M committed Latest: 2024-01
Oshi
Alternative Protein Seafood
1 round Latest: 2024-01
Configu
ConfigOps SaaS Platform
Led ★ 1 round $3.0M committed Latest: 2023-08
Munch
AI-based Content Creation Platform
2 rounds $7.3M committed Latest: 2023-06
Saola
Autonomous Quality for Engineering Teams
1 round Latest: 2023-06
Convrt
AI Platform for Social Selling and Engagement
1 round Latest: 2023-02
Loops
Analytics Platform for Product Managers and Growth Managers
1 round $14.0M committed Latest: 2022-11
CoreTigo
Industrial Wireless Communication
Led ★ 3 rounds $38.0M committed Latest: 2022-09
Raftt
Cloud-based Platform for Creating and Sharing Development Environments
Led ★ 1 round $5.0M committed Latest: 2022-09
Peech
Video Editing Platform for Content Marketing Teams
Led ★ 1 round $8.3M committed Latest: 2022-08
Kahoona
Data Generation and Activation Technology for the Open Web
1 round $4.5M committed Latest: 2022-05
Magicyard
TV-based Social Gaming Platform
1 round Latest: 2022-04
DoControl
No-code SaaS Security Platform
2 rounds $40.0M committed Latest: 2022-04
Lendai
AI Lender Financing US Properties for Foreign Investors
1 round $35.0M committed Latest: 2022-03
MultiVu
Advanced 3D Imaging Solution
1 round $7.0M committed Latest: 2019-05
Humavox
Wireless Charging for Wearable and IoT Devices
1 round $10.0M committed Latest: 2018-06

Investment activity

3 portfolio exits on record.

Portfolio by sector

Business Software16
Media & Entertainment Technologies3
Industrial Technologies3
Fintech & Insurtech2
Cyber Security2
Agriculture & Food Technologies1
Aerospace, Defense & HLS1

Funds · 3

  • Cardumen Fund III: AgriFoodTech — $50M Jan 2024
  • Cardumen Deep Tech Fund II — $120M Apr 2022
  • Cardumen Deep Tech Fund I — $75M May 2019

Q&A

What is Cardumen Capital's most recent fund close?
Cardumen Capital closed its Cardumen Fund III: AgriFoodTech in January 2024, raising $50M.
Which sectors does Cardumen Capital primarily invest in?
Cardumen Capital primarily invests in Business Software, with 16 portfolio companies, followed by Media & Entertainment Technologies and Industrial Technologies, each with 3 portfolio companies.
Can you name a recent exit for Cardumen Capital?
In February 2026, Cardumen Capital saw an exit with the acquisition of illumex by Nvidia for $60M.
What was Cardumen Capital's second most recent fund close?
Cardumen Capital closed its Cardumen Deep Tech Fund II in April 2022, raising $120M.
Which investment stages does Cardumen Capital focus on?
Cardumen Capital invests across Pre-Seed, Seed, and A Round stages, with 18 Seed rounds and 7 Pre-Seed rounds as initial investments.
Who are the co-founders and managing general partners of Cardumen Capital?
The co-founders and managing general partners of Cardumen Capital are Gonzalo Martínez de Azagra and Igor De La Sota.
What is a notable recent investment by Cardumen Capital?
Cardumen Capital invested in Brandlight, an AI Visibility and Sentiment Platform for Brand Representation, which raised a $35.75M Series A round.
Has Cardumen Capital had any other exits recently?
Yes, in November 2023, Raftt, a cloud-based platform for creating and sharing development environments, was acquired by Wiz.
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