Startup

Fever

Fever is a Madrid-born entertainment discovery platform that curates and produces immersive experiences, from candlelight concerts to secret cinema events, in over 100 cities worldwide. The company uses data-driven demand testing to decide which experiences to produce, reducing risk for venues and creators while surfacing high-quality cultural events for consumers.

Fever has become one of Europe's most prominent consumer marketplace unicorns, blending tech-driven curation with live entertainment at scale.

SpainMadridLate StageEntertainmentMarketplaceConsumer

Details

Location

Madrid, Spain

Category

Startup

Stage

Late Stage

Profile

/spain/startup/fever

Investors

Venture capital firms backing this startup

Accel (London)

London, United Kingdom · Venture Capital

Accel is a top-tier global venture capital firm with a dedicated European team based in London. Established in Silicon Valley in 1983, Accel expanded to London in the early 2000s and has since become a leading backer of European tech unicorns. The Accel London fund invests broadly in consumer and enterprise technology companies from seed through growth stage. Accel’s Europe portfolio reads like a who’s-who of success stories – it was an early investor in Spotify, Facebook, and Slack, and in Europe it has funded Klarna, Hopin, and Cazoo among others. For example, Accel’s London team led rounds in Hopin (virtual events) and Klarna (fintech), both of which achieved multibillion-dollar valuations. The firm often takes board seats and provides hands-on support to founders in scaling globally. Accel is known for its deep network in Silicon Valley and Europe, helping bridge entrepreneurs to US markets. It manages multiple funds dedicated to Europe, including Accel London and Accel Europe, and typically invests from Series A onward (with selective seed bets). Notably, Accel was the first Silicon Valley VC to establish a permanent presence in London, reflecting its conviction in Europe’s tech potential. With over three decades of VC experience, Accel has the distinction of having backed over 100 unicorns worldwide. Its London arm continues to actively invest across sectors – from fintech and SaaS to cybersecurity and web3 – making Accel a cornerstone investor in Europe’s startup ecosystem. In short, Accel (London) combines global reach with local insight, helping Europe’s breakout startups scale to international success.

Venture CapitalSeed to GrowthGeneralistTechnology

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Founded in 2014, JME Venture Capital is a Madrid-based early-stage VC backed by prominent Spanish tech entrepreneurs and family offices. The firm manages over EUR 100M and invests EUR 0.5-3M at seed and Series A in consumer internet, enterprise software, and marketplaces. Notable portfolio companies include Jobandtalent (HR unicorn), Spotahome, and Lingokids. JME's LP base of successful founders provides portfolio companies with operational mentorship and strategic business development support across Southern Europe.

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K Fund

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Northzone

Stockholm, Sweden · Accelerator

Northzone is a prominent European venture capital firm with Scandinavian roots, known for early bets on companies like Spotify and Klarna. Founded in 1996 in Oslo (and now headquartered in Stockholm with a big presence in London), Northzone is an evergreen VC fund that has raised 9 funds to date. It invests from Seed and Series A up to Growth (Series B/C), typically focusing on consumer internet, fintech, and B2B SaaS. Northzone rose to fame as the earliest institutional investor in Spotify – it led Spotify’s $21M Series A in 2008 and remained a major shareholder until IPO. It was also an early backer of Klarna (led the $8M Series A in 2010) and other Nordic breakouts like iZettle (payments, acquired by PayPal) and Avito (Russian classifieds, acquired by Naspers). Over the years, Northzone expanded its geographic focus to include the UK, Benelux, and the US East Coast (they’ve invested in Wallapop in Spain, Personio in Germany, and Secret Escapes in UK, among others). The firm’s investment approach is relatively hands-on – partners often take board seats and leverage Northzone’s network for business development of their portfolio. With approximately €1.5 billion under management, Northzone typically writes initial checks of €2–10M and can follow on with much larger amounts. In 2022, Northzone raised a new €1B+ fund, reflecting growing LP interest in European tech. The team blends operational experience and finance acumen; notable partners include Pär-Jörgen Pärson (who led the Spotify deal) and Michiel Kotting (who sits on Personio’s board). Northzone often leads or co-leads rounds and likes to syndicate with US VCs when scaling globally. Beyond fintech and music tech, they have investments in healthtech (Kry), edtech (Kahoot!), crypto (Sovereign), and more – showcasing a broad thesis of “transformative tech.” Northzone’s steady success over 25+ years – producing multiple billion-dollar exits – has cemented its reputation as one of Europe’s top-tier venture firms, bridging the vibrant Nordic ecosystem with the rest of the continent.

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360 Capital

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Adara Ventures

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Founded in 2005, Adara Ventures is a Madrid-based deep tech VC managing over EUR 200M across four funds. The firm invests EUR 1-5M at Series A in cybersecurity, applied AI, cloud infrastructure, and enterprise software across Europe. Its AV4 fund targets EUR 100M for next-generation digital infrastructure. Notable portfolio companies include Countercraft (acquired by Thales), Devo Technology, and Nearby Computing. Adara brings deep technical expertise and supports founders in navigating complex enterprise sales cycles.

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BackingMinds

Stockholm, Sweden · Incubator

Founded 2016. Seed fund focused on overlooked founders and underserved markets. BackingMinds is an incubator based in Stockholm, Sweden. The programme supports early-stage ventures in Generalist, Consumer, Enterprise.

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