Bolsa Social
Spain's social stock exchange managing a 22 million euro social impact fund.
Founded
2019Spain's social stock exchange managing a 22 million euro social impact fund.
The Comisión Nacional del Mercado de Valores registers the vehicle as a European Social Entrepreneurship Fund under number 3, and Afi Inversiones Globales SGIIC acts as its manager. That regulated status places the fund inside the European framework dedicated to social entrepreneurship vehicles.
In 2023 the CNMV registered the fund under Article 9 of the Sustainable Finance Disclosure Regulation, the highest sustainability classification available under that framework. The Article 9 designation marks a vehicle that pursues sustainable investment as a stated objective.
Source: bolsasocial.fund
Bolsa Social is a 22 million euro social-impact fund that backs young companies generating positive, measurable social and environmental returns alongside financial return. Its investment themes span health and wellbeing, inclusive education, responsible production and consumption, climate action, and social integration.
The vehicle is registered with the Comisión Nacional del Mercado de Valores as European Social Entrepreneurship Fund number 3 and is managed by Afi Inversiones Globales SGIIC. The bolsasocial.fund website is operated by Bolsa Social Inversiones SL from Madrid.
Source: bolsasocial.fund
The fund invests through two lines: Semilla, which writes first cheques of 200,000 to 1,000,000 euros, and Series A, which invests up to 1,000,000 euros. It concentrates on pre-seed, seed, and Series A companies domiciled in Spain or Portugal.
Candidates are expected to have a working product, at least six months of billing traction, and a clear measurable social or environmental mission. The portfolio includes companies such as Tucuvi, Sepiia, Qida, Nostoc, Ciclogreen, and Cubicup.
Source: bolsasocial.fund