# Nauta Tech Invest III

> The Nauta Tech Invest III investment vehicle was reported at €105M in contemporaneous 2012 coverage of its Taptap Networks investment. Nauta's 2026 retrospective refers to its 2010 fund generation; legal-vehicle inception and investment vintage should not be treated as a precise final-close date. Fund-specific LP terms and realized returns remain undisclosed.

## 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

## Historic fund capital and vintage

**Nauta Tech Invest III** is identified by name and at **€105M** in [April 2012 contemporaneous reporting](https://cincodias.elpais.com/cincodias/2012/04/27/empresas/1335533997_850215.html) about its investment in Taptap Networks. Nauta [describes its 2010 investment generation](https://www.nautacapital.com/news-insights/nauta-vi-first-close) in its 2026 manager retrospective. These references support the vehicle's identity and capital size, but do not prove an exact day of final closing. No such day is invented.

## What Tech Invest III backed

The 2012 Taptap transaction illustrates the fund's early software/mobile-infrastructure orientation: a Spanish mobile-advertising technology business seeking product development and US expansion. The report says Nauta invested **€3M in equity** as part of a financing that also included a separate CDTI credit facility. **The credit facility is not fund equity** and the whole startup financing is not an additional raise by the fund.

Later Nauta funds emphasized capital-efficient B2B software, but portfolio companies should only be attributed to Tech Invest III when vehicle-level evidence exists. Fund LP allocations, DPI/TVPI, fee terms and complete deployment records have not been independently verified. For later generations see [Tech Invest IV](/fund/nauta-tech-invest-iv) and [Tech Invest V](/fund/nauta-tech-invest-v).

## Research sources

- [Contemporaneous fund and Taptap reporting, April 27 2012](https://cincodias.elpais.com/cincodias/2012/04/27/empresas/1335533997_850215.html)
- [Manager 20-year fund chronology](https://www.nautacapital.com/news-insights/nauta-vi-first-close)

**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-iii