Shared 13 November, 2025
The Lab Ventures has announced the successful close of its second fund at €29.1 million, marking a significant expansion of the firm’s capacity to support early-stage B2B companies across Spain and MENA markets. The fund closed on July 3, 2025, with backing from institutional investors including Spain’s ICO (Instituto de Crédito Oficial) and prominent family offices across Europe and the Gulf.
The new fund enables The Lab Ventures to expand its reach into new, promising regions and accelerate its strategy of investing in exceptional founders whilst providing active operational support to help them grow. The Lab Ventures is an operational VC that launches companies from scratch or invests in early-stage ventures, partnering with founders and offering hands-on support in areas including product, engineering, business development, and talent acquisition.
Fund II maintains The Lab Ventures’ focus on pre-seed and seed-stage B2B companies, with particular emphasis on Proptech and Construction Tech innovations, Healthtech, and Professional Service digitisation. Since the fund’s first close in 2024, The Lab Ventures has deployed capital across seven portfolio companies, catering to industries in the South of Europe, the UAE, and emerging MENA & GCC markets.
“Our LPs bring sector expertise, market access, and strategic relationships that directly benefit our portfolio companies,” said Jonathan Lahyani, General Partner for MENA & GCC regions. “This is not only capital, it’s a network of operators and entrepreneurs who actively support our founders.”
The Partners team differentiates itself through operational depth by providing access to product and engineering expertise for technology needs; business development support across Spain and MENA markets; C-level and key hires recruitment assistance leveraging extensive talent networks; and cross-portfolio synergies connecting complementary businesses and their clients.
Silvia Irisarri, Partner at The Lab Ventures, explained: “Our team works alongside founders on product strategy, customer acquisition, and operational execution. This hands-on model is what allows pre-seed companies to achieve seed-stage metrics faster.”
The Lab Ventures maintains dual offices in Madrid and Dubai, enabling it to serve founders in both mature European markets and high-growth Gulf economies. This positioning allows portfolio companies to access diverse customer bases and regulatory environments whilst benefiting from The Lab’s on-ground presence in both regions.
The Gulf region, in particular, presents significant opportunities for B2B digitisation, with government-led digital transformation initiatives and fast adoption of technology solutions across both public and private sectors. The Lab Ventures targets sectors where digitisation creates meaningful impact, with investments generating both strong returns and tangible societal benefits by improving efficiency in essential industries.
The Lab Ventures is an operational venture capital firm founded by serial entrepreneurs with decades of company-building experience, combining early-stage capital with hands-on operational support to digitise underserved industries across European and Gulf markets.
Join our community of 200,000+ real estate leaders and get weekly insights and updates with our newsletter.
*Offer ends on Friday, 7th February.
