Gonzalo Martinez De Azagra

Founder and General Partner at Cardumen Capital, an independent venture capital firm based in Tel Aviv and Madrid.

Venture Capital Tel Aviv, Israel Est. 2017
Last updated 2026-10-27
Portfolio
1
in our dataset
Rounds participated
1
Rounds led
0
Rounds' value
$18.0M
total disclosed, rounds participated
Stages
Pre-Seed, Seed, Series A, Series B

About

Gonzalo Martinez De Azagra is the Founder and General Partner of Cardumen Capital, a venture capital firm that bridges the innovation ecosystems of Spain and Israel. He focuses on identifying, evaluating, and supporting early-stage deep tech companies in sectors like AI, cybersecurity, robotics, developer tools, and enterprise software. Prior to Cardumen Capital, he founded and headed Samsung Ventures' office in Israel, where he built an investment track record with notable exits.

Portfolio · 1

Q&A

What is Gonzalo Martinez De Azagra's primary role and firm?
Gonzalo Martinez De Azagra is the Founder and General Partner at Cardumen Capital, an independent venture capital firm based in Tel Aviv and Madrid.
What is Cardumen Capital's investment focus?
Cardumen Capital focuses on early-stage deep tech companies in sectors such as AI, cybersecurity, robotics, developer tools, and enterprise software.
What is the total AUM for Cardumen Capital?
Cardumen Capital has a total AUM of $320 million USD.
Has Cardumen Capital recently raised a new fund?
Yes, Cardumen Capital raised the DeepTech Fund II in 2023, with a size of $120 million USD.
What investment stages does Cardumen Capital target?
Cardumen Capital invests across Pre-Seed, Seed, Series A, and Series B stages.
What is the typical check size for Cardumen Capital's investments?
Cardumen Capital typically invests between $750,000 and $4,000,000 USD per deal.
Where are Cardumen Capital's preferred investment geographies?
Cardumen Capital prefers to invest in Israel, Europe, and Spain.
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