Stage
Pre-seed and seed investments, including the first institutional round. We are comfortable engaging before every metric is established.
Barcelona · Europe
Backing ambitious founders from the beginning.
Domocat Capital makes long-term investments in early-stage technology companies and selected venture-related opportunities. We partner with founders at the moments when conviction, practical experience, and focused support matter most.
About
Investing in startups and venture assets.
Domocat Capital is a long-term investment platform focused on early-stage technology companies and venture-related opportunities. We combine operator experience with patient capital to support founders and co-investors.
We invest where we have genuine insight: complex technology, enterprise software, cybersecurity, and the operational challenges of turning a strong product into a durable company.
Beyond capital, we help founders prepare for later-stage financing. Relationships built while building and scaling Build38 can create relevant introductions to European institutional investors when a company is ready.
Early partnerSupport from pre-seed and seed, when the foundations matter most.
Operator perspectivePractical guidance shaped by product, commercial, and organisational experience.
Long-term orientationFocused on creating enduring value, not short-term financial engineering.
European networkRelevant connections to investors, operators, and potential commercial partners.
Investment focus
Conviction at the earliest stage.
We look for founders with a differentiated insight, the ability to build, and the ambition to create an important company. We take a selective, thesis-led approach rather than pursuing volume.
Sectors
Enterprise software, cybersecurity, developer tools, technical infrastructure, fintech, and other technology-led businesses where our experience is useful.
Geography
Based in Barcelona and investing across Europe, with particular interest in companies capable of competing internationally from the outset.
Venture assets
Alongside direct startup investments, we selectively evaluate venture-related opportunities where the structure, managers, and underlying exposure meet our standards.
Beyond capital
Useful support at the moments that count.
We engage as an experienced operator and investor. The objective is to help teams make better decisions, prepare effectively for the next stage, and access the people who can help them progress.
Product and positioning
Sharpen the customer problem, ideal customer profile, product roadmap, market narrative, and go-to-market choices.
Company building
Provide an operator perspective on commercial priorities, hiring, organisational design, governance, and difficult trade-offs.
Fundraising readiness
Help prepare the investment narrative, key metrics, data room, fundraising process, and investor-selection approach.
Later-stage introductions
When appropriate, introduce founders to later-stage European investors through relationships developed during the Build38 journey.
Selected investments and relationships
Backing and building from within the European technology ecosystem.
Domocat Capital builds on a record of company building, direct investments, and partnerships with early-stage investment platforms.
Company-building track record
Build38
Mobile application protection company spun out of Giesecke+Devrient and subsequently acquired by OneSpan.
Direct investment
Quartiq.ai
Start-up in the applied AI ecosystem, solving the Audit problem in the Licensing and Royalty world.
Company-building relationship
The Blue Ginger Investments
Special Purpose Vehicle to invest in Venture Capital selected opportunities in early stage funds.
Fund investment
Masia
Barcelona-based angel fund investing at pre-seed and seed in AI and frontier technologies.
Fund investment
Bcombinator
Barcelona startup accelerator, investment platform, and founder community.
Fund investment
Plus Partners
Early-stage investment platform supporting ambitious technology founders.
Pre-exit investors in Build38 included Criteria Capital Risc, eCAPITAL Entrepreneurial Partners, Tikehau Capital, and G+D Ventures.
The companies and investment platforms shown represent selected current or historical investments, relationships, and operating experience. Inclusion does not constitute an offer, solicitation, or recommendation to invest. Logos are the property of their respective owners and are used for identification purposes only.
Team
Built by an operator.
Pedro Hernández
Founder
Pedro is a technology entrepreneur and product executive with experience building and scaling software businesses. His background includes mobile application protection, cybersecurity, product strategy, go-to-market development, and advising early-stage companies.
He co-founded Build38 and helped build its international presence across Europe and Asia. Through that journey, he developed direct experience of the operational, commercial, and fundraising realities facing ambitious European technology companies.
Connect on LinkedInContact
Start a conversation.
We are interested in meeting exceptional founders, investors, and collaborators in the European technology ecosystem.
Barcelona, Spain
For investment or co-investment discussions, email contact.capital@domocat.com.
- Exceptional technical or domain-expert founders
- A sharp insight into an important customer problem
- Ambition to build a meaningful, enduring company
- Openness to an active, long-term investor relationship