# Nauta Tech Invest II

> Nauta Capital's €50M 2006 institutional investment vehicle. The manager's 2026 history calls this its first institutional fund; the older legal name is Tech Invest II because it followed an earlier smaller vehicle. Contemporaneous portfolio activity includes Agnitio (2007) and Scytl (2007–10). Exact final-close day and investor-level commitments are not verified.

## Profile

- **Stage-based planning range:** $1M–$10M
- **Check-size evidence basis:** estimated
- **Founded:** N/A
- **Headquarters:** Barcelona, Spain
- **AUM:** N/A
- **Rounds they lead:** N/A
- **Rounds they invest:** Seed, Series A

## Links

- [Website](https://www.nautacapital.com/)

## In-depth investment analysis

## Vehicle, vintage and fund size

The manager's [2026 twenty-year retrospective](https://www.nautacapital.com/news-insights/nauta-vi-first-close) identifies its first **institutional** €50M fund as a 2006 milestone. Contemporaneous [December 2007 reporting](https://www.europapress.es/economia/noticia-economia-empresas-nauta-capital-hace-control-compania-biometria-agnitio-26-millones-20071213140743.html) names **Nauta Tech Invest II** as the legal vehicle investing in voice-biometrics company Agnitio and states that Tech Invest I and II jointly represented €65M. The institutional-fund label and legal roman numeral therefore differ.

The €50M is **fund capital**, not an amount invested into Agnitio, and not today's assets under management. No first-/final-close breakdown is reported for this vehicle, so none is inferred.

## Investment strategy and portfolio examples

The manager historically backed European and US technology and software businesses through equity investments. A December 2007 [Agnitio transaction account](https://www.europapress.es/economia/noticia-economia-empresas-nauta-capital-hace-control-compania-biometria-agnitio-26-millones-20071213140743.html) reports €2.6M in primary and secondary investment through Tech Invest II. An earlier sourced [Scytl financing report](https://www.europapress.es/economia/noticia-economia-empresas-nauta-capital-hace-control-compania-biometria-agnitio-26-millones-20071213140743.html) is not evidence of an identical cheque size; each portfolio investment requires separate transaction records.

For founders, this was a venture-equity strategy rather than an open application programme or grant. Precise fund-specific management fees, carried interest, remaining NAV and returns are not public in these sources. Follow [Nauta Capital](/fund/nauta-capital), [Tech Invest III](/fund/nauta-tech-invest-iii) and their historical successor funds for the chronology.

## Research sources

- [Nauta 2006 institutional fund retrospective](https://www.nautacapital.com/news-insights/nauta-vi-first-close)
- [2007 report identifying Tech Invest II and Agnitio](https://www.europapress.es/economia/noticia-economia-empresas-nauta-capital-hace-control-compania-biometria-agnitio-26-millones-20071213140743.html)

**Research verified:** 2026-11-07

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/fund/nauta-tech-invest-ii