MONDRAGON Ventures
We build and invest with you. We are innovation, a unique tech and industrial ecosystem.
We build and invest with you. We are innovation, a unique tech and industrial ecosystem.
We can be your investment partner, preferred client, and/or industrial or commercial partner.
We drive the launch of new businesses and seek partners with whom to build innovative, long‑term businesses.
We are 90 cooperatives, a university, and 12 research centers investing in innovation and new business opportunities.
Because we believe that fostering innovation, entrepreneurship, diversification, and the creation of new business activities strengthens our legacy.
We act as the Corporation's gateway, offering a comprehensive view of the capabilities and priorities of our Cooperatives and Divisions, and driving high-impact, strategically relevant projects.
We connect innovative projects with the interests of our cooperatives in a multi‑sector and multi‑client environment, becoming an industrial and market partner for entrepreneurs and SMEs looking to scale their business.
We support product industrialization processes, including the sector-required approvals and certifications.
We manage Venture Capital Funds exceeding €70 million for technology‑based startups, scaleups, and SMEs, from early stages to growth and expansion, mainly in Europe. Our investment approach spans minority co‑investments to majority stakes and inorganic transactions.
90
Cooperatives
70.000
People
€11.213M
Sales
€1.661M
EBITDA
150
International sales
104
Productive plants abroad
4 faculties
Own University
7.200
Students
12
Technology Centres and Corporate R&D Units
2.072
Full-time Researchers
€201M
Total R&D Expenditure
382
Total Families of Patents in force at year-end
20
New companies from our cooperatives -since 2016-
30
Investments in Startups & Scaleups -since 2020-
7
Venture Capital funds
€0,5-2M
Investment range
Cooperation
Sum for multiply
Participation
Every voice counts in our decisions
Corporate Social Responsibility
Fair distribution of wealth
Innovation
Continuous renewal
Investment focus areas
We prioritize fields where our cooperatives identify shared needs and strong future potential.
Digital and Smart industry
Smart solutions.
Connected products, processes and services.
Collaborative Advanced Robotics.
Artificial Generative Intelligence.
Industrial Efficiency.
Digital transformation of organizations.
Energy and Sustainability
Electric Mobility.
Design and manufacture Green products.
Renewable Energies.
Energy Efficiency.
Health and Wellness
Home of the future.
Health control.
People's care.
Silver Economy.
Equipment ant Services.
Hospital infrastructure management.
Deeptech & Industrialtech
Industrialization of products.
Efficient production lines.
Contract Manufacturing.
Agrofood
Advanced Feeding.
Indoor Farming.
Next generation of food.
Intelligent high-tech solutions.
Fintech & Insurtech
Customer experience's improvement.
New Business models.
Optimization of processes.
New Solutions and Technologies.
“We do not want to be mere observers of change. We want to lead it”.
José María Arizmendiarrieta, the driving force behind the Cooperative Experience.
We are MONDRAGON’s corporate platform whose mission is the development of entrepreneurship and creation new business activities.
We support future‑oriented business models that enhance competitiveness and generate positive social impact.
We foster intrapreneurship, collaboration among cooperatives, and investment in external companies.
We look for entrepreneurs interested in developing new businesses, from viability analysis to full launch.
We support those who want to grow their business or startup, offering an open‑innovation ecosystem based on the cooperative model, where we can act as an investment partner, preferred client, or industrial or commercial ally.
At MONDRAGON, we believe there is another way to undertake entrepreneurship.


We define a roadmap to drive diversification within our cooperatives.
We analyze sectors, scout opportunities, and maintain continuous benchmarking with new trends and technologies.
We travel and develop partnerships, reinforcing the MONDRAGON Ventures brand to source new investment opportunities.
We sponsor professional investment environments with our executives, technology transfer programs, and the search for tech providers to solve specific challenges.
We boost Venture Building processes covering market analysis, value proposition design, Business Model Canvas and Business Plan development.