Firms

Baobab Ventures

Remote

baobabventures.vc

signal.nfx.com

Operator-led, remote-first venture fund backing global pre-seed and seed deep-technology teams.

Founded: —
Type: Venture capital

Funds1

Baobab Ventures Fund I LP2025-11-262025-11-26$15M
Reported oversubscribed USD15m inauguralfund inoneclosing November26,2025; earlierAugust27 SEC indefiniteoffering/USD0sold predateslaterclose. AverageUSD300–350kchecks notformalmin/max.

Team

Carles Reina

Baobab Ventures, Managing Partner

—— – —

Co-investing

No co-investors on record yet.

Investments

A$11M2026-08-31	Apate AI	Baobab Ventures
$2M2026-06-05	Opereit	Baobab Ventures
$—2026	UNCOVR	Baobab Ventures
$—Unknown date	Gendo	Baobab Ventures
$1M2026-05-20	Overwatch AI	Baobab Ventures
€3M2025-10-16	Omnia	Baobab Ventures
$—Unknown date	Wabi AI	Baobab Ventures
$—Unknown date	Theker Robotics	Baobab Ventures
$—Unknown date	Murphy AI	Baobab Ventures
$—Unknown date	Altan AI	Baobab Ventures

team@apexlogos.ai3 hours ago
Investment-fund research reviewed 2026-10-06. Publicly identified funds, dates, amounts and fundraising status are below. Undisclosed commitments remain unknown; this is not a complete register of private SPVs or parallel entities. Fund size and investment strategy | Item | Evidence and interpretation | |---|---| | Latest-known fund | **US$15m** 2025 inaugural/solo-GP fund; announced 26 November 2025. Silicon Canals reports fundraising completed in one closing and oversubscribed, so this is a reported closed fund rather than a target. Approximately €12.9m in that article is a conversion, not a separate fund. [Silicon Canals](https://siliconcanals.com/carles-reina-launches-12-9m-fund/) (2025-11-26). | | Legal fund identity | **Baobab Ventures Fund I LP**, Delaware limited partnership formed in 2025, with Carles Reina Tortosa managing member of its GP. The [SEC Form D](https://www.sec.gov/Archives/edgar/data/2082690/000208269025000001/xslFormDX01/primary_doc.xml) filed/signed 2025-08-27 lists an indefinite offering and **$0 sold**, first sale yet to occur. This is earlier fundraising status, not a contradiction of the later reported closing. It does not independently establish the eventual $15m close. | | Current mandate | Global pre-seed and seed technical founders; operator assistance in commercial execution. Official homepage supports global geography/stages; founder launch specifies AI, robotics and defence. [Official site](https://baobabventures.vc/) (undated); [founder announcement](https://www.linkedin.com/posts/carlesreina_today-i-am-thrilled-to-announce-baobab-ventures-activity-7399357246863986688-2K9v) (2025-11-26). | | Check size | Average **US$300k–350k** investments reported in launch coverage; an average is not a formal minimum/maximum range. [Silicon Canals](https://siliconcanals.com/carles-reina-launches-12-9m-fund/) (2025-11-26). | | Newer funds / AUM | Searches for 2026 fundraising and Fund II found no verified newer vehicle. $15m is latest-known, not an assertion that no subsequent fund exists. No separately verified firm-wide AUM or investment-budget figure. A directory search result's $11m AUM conflicts with the reported $15m fund and may confuse pounds/dollars; do not use it. | Historical transactions do not expand the stated mandate automatically. In particular, 2024 Gendo participation predates the 2025 legal Fund I vehicle and launch. Funds recorded in Adex after this review: | Fund | Disclosed amount | Announcement / filing date | | --- | --- | --- | | Baobab Ventures Fund I LP | USD 15000000 | 2025-11-26 |
team@apexlogos.ai4 hours ago
Match research 2026-10-06 / BaobabVentures / sha256:74faaffb077886d3876044eb375c01084a4c0395774dea81350b8be1653e8479 / part 2 of 2 Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats. - **Altan AI, Murphy AI, Omnia:** founder launch explicitly identifies these as Baobab deals, separate from his angel history. Software creation, debt-collection technology and AI-search brand optimization are not automatically deep tech. Omnia's **€3.5m pre-seed**, 2025-10-16, independently names both Baobab and Reina as an angel. Exact Altan/Murphy round amounts/dates were not verified. [Founder launch](https://www.linkedin.com/posts/carlesreina_today-i-am-thrilled-to-announce-baobab-ventures-activity-7399357246863986688-2K9v); [Omnia reporting](https://cincodias.elpais.com/companias/2025-10-16/omnia-cierra-una-ronda-con-visionaries-club-kfund-y-baobab-ventures-para-impulsar-su-ia-para-marcas.html) (2025-10-16). - **Opereit:** Baobab participant in **$2.5m pre-seed**, source funding date 2026-06-05 (article updated 2026-06-09). Logistics invoice/claims automation with AI agents; ordinary workflow software classification is more supportable than deep-tech classification from the available description. The round total is not Baobab's check. [The SaaS News](https://www.thesaasnews.com/news/opereit-raises-2-5m-pre-seed/). - **UNCOVR:** baseline's cited **€6m seed** article (2026-06-10) names Index, Seedcamp, Frst, No Label and Entrepreneurs First, plus individuals, **but not Baobab**. Nordic9's Reina profile is a lead to personal attribution, not firm proof. Surgical-video AI is health/vision technology, not direct neurotechnology. Do not treat the baseline entry as verified firm participation without another source. [Cited EU-Startups article](https://www.eu-startups.com/2026/06/french-surgical-ai-startup-uncovr-raises-e6-million-to-turn-surgical-video-into-clinical-records/); [Reina profile](https://nordic9.com/companies/carles-reina/) (undated). - **Wabi AI:** baseline homepage citation does not expose a textual company/round claim in the directly read page. Unverified in this pass; identity, technology, date and attribution need company-level evidence. ## Neurotech findings **No verified neurotech investment found in the sources checked.** Checked the official firm/founder materials, Signal partner profile, baseline named investments and targeted Baobab/neurotechnology/brain/neural searches. None established a Baobab investment in brain-computer interfaces, neural recording, neurostimulation or other direct neural technology. BASE4 is adjacent molecular diagnostics; UNCOVR is surgical-video analysis with unverified Baobab attribution. General AI and voice synthesis are not sufficient neurotechnology evidence. Reina's investments in ElevenLabs, Vsim, HappyRobot and Volumetric Bio are explicitly presented by the firm as pre-Baobab history and were not counted as fund investments. This is a bounded negative finding, not a claim that the firm has no undisclosed neurotech investments. ## Concrete later Adex review notes and remaining limits 1. Add evidence for the $15m 2025 reported fund close, global pre-seed/seed strategy and AI/robotics/defence focus; keep SEC August offering status separate. Check average $300k–350k is not a hard range. Do not use Signal's Concept $60m or profile range for Baobab. 2. Review participation amounts: Opereit's baseline `amount: USD 2500000` is a whole-round figure, not a disclosed Baobab allocation. Apate's `USD 11400000` has both round-versus-check and currency errors; reporting gives **AUD 11.4m / USD 8.15m** total. Baobab checks are undisclosed. 3. Replace homepage-only THEKER/Murphy attribution with the explicit founder launch source; preserve the distinction from prior angel deals. Gendo has primary co-investor attribution, but pre-2025 vehicle provenance is uncertain. 4. Hold/review UNCOVR participation pending explicit firm attribution. Verify Wabi AI before relying on the entry. Consider BASE4 and Overwatch AI as missing-investment leads; Overwatch is reported Baobab participant in **$1.5m pre-seed**, 2026-05-20, but aviation workflow AI is not established deep tech. [Cinco Días Overwatch](https://cincodias.elpais.com/companias/2026-05-20/overwatch-ai-cierra-una-ronda-de-13-millones-para-su-modelo-de-gestion-de-vuelos-con-united-airlines-y-baobab-ventures.html) (2026-05-20). 5. Public portfolio and transaction sources are incomplete; exact legal fund allocations, company check sizes and some dates remain unknown. The BASE4 homepage currently claims over €7m funding without tying it to a dated round; do not replace the April round with that cumulative marketing figure. All linked sources accessed 2026-10-06. Undated pages are identified as such; primary firm/company/co-investor pages, SEC filing, reporting and Signal limitations are distinguished above.
team@apexlogos.ai4 hours ago
Match research 2026-10-06 / BaobabVentures / sha256:74faaffb077886d3876044eb375c01084a4c0395774dea81350b8be1653e8479 / part 1 of 2 Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats. # Baobab Ventures - Exact Adex ID: `BaobabVentures` - Canonical Adex URL: https://adex.page/firms/BaobabVentures - Research date and source access date: **2026-10-06** - Scope: research handoff only; no Adex/database changes made. ## Summary and identity Baobab Ventures is Carles Reina's operator-led, remote-first venture firm backing global technical teams at pre-seed and seed. Its latest-known announced fund is **US$15 million**, launched on **26 November 2025**, with a stated AI, robotics and defence mandate. There is credible firm-attributed robotics exposure through THEKER, plus bioscience exposure through BASE4 subject to an attribution caveat below. **No verified neurotech investment found in the sources checked.** The firm's official domain is [baobabventures.vc](https://baobabventures.vc/) (undated); do not conflate it with The Baobab Network or the differently positioned website baobab-ventures.com. [Founder launch announcement](https://www.linkedin.com/posts/carlesreina_today-i-am-thrilled-to-announce-baobab-ventures-activity-7399357246863986688-2K9v) (26 November 2025, date corroborated by launch reporting); [Silicon Canals](https://siliconcanals.com/carles-reina-launches-12-9m-fund/) (26 November 2025). ## Adex and NFX Signal starting evidence Read `data/research/_sources/BaobabVentures.adex.json`, the exact-ID read-only MCP snapshot retrieved 2026-10-06. It describes an operator-led, remote-first, global pre-seed/seed deep-tech fund and identifies Carles Reina as managing partner. Check minimum, maximum and sweet spot are null. Its nine participation records are Opereit, UNCOVR, Altan AI, Apate AI, Gendo, Murphy AI, Omnia, Theker Robotics and Wabi AI. Baseline sources comprise the official homepage, NFX and funding articles. They are research leads, not independent proof. Several round/date and investor-amount issues are discussed below. - [Firm Signal URL](https://signal.nfx.com/firms/baobab-ventures): direct read failed with an inaccessible/internal-error result. Searches did not recover a usable exact firm profile, so no fund/stage claims from that page were verified. - [Carles Reina Signal profile](https://signal.nfx.com/investors/carles-reina): directly read. It lists managing partner at Baobab among experience, but its headline/current investing position remains **Concept Ventures venture partner**. It reports a $120k–$722k range, $421k sweet spot and $60m current fund size; these are attached to the Concept-oriented profile and **must not be imported as Baobab data**. Its experience section also dates the Concept role 2022–2025, illustrating stale/conflicting presentation. It expresses interest in AI, robotics, biotech, aerospace, quantum, self-driving and gaming; that is individual interest rather than a verified Baobab mandate. Detailed investments are sign-in restricted. Signal is third-party profile evidence, not independent transaction verification. Undated; accessed 2026-10-06. ## Fund size and investment strategy | Item | Evidence and interpretation | |---|---| | Latest-known fund | **US$15m** 2025 inaugural/solo-GP fund; announced 26 November 2025. Silicon Canals reports fundraising completed in one closing and oversubscribed, so this is a reported closed fund rather than a target. Approximately €12.9m in that article is a conversion, not a separate fund. [Silicon Canals](https://siliconcanals.com/carles-reina-launches-12-9m-fund/) (2025-11-26). | | Legal fund identity | **Baobab Ventures Fund I LP**, Delaware limited partnership formed in 2025, with Carles Reina Tortosa managing member of its GP. The [SEC Form D](https://www.sec.gov/Archives/edgar/data/2082690/000208269025000001/xslFormDX01/primary_doc.xml) filed/signed 2025-08-27 lists an indefinite offering and **$0 sold**, first sale yet to occur. This is earlier fundraising status, not a contradiction of the later reported closing. It does not independently establish the eventual $15m close. | | Current mandate | Global pre-seed and seed technical founders; operator assistance in commercial execution. Official homepage supports global geography/stages; founder launch specifies AI, robotics and defence. [Official site](https://baobabventures.vc/) (undated); [founder announcement](https://www.linkedin.com/posts/carlesreina_today-i-am-thrilled-to-announce-baobab-ventures-activity-7399357246863986688-2K9v) (2025-11-26). | | Check size | Average **US$300k–350k** investments reported in launch coverage; an average is not a formal minimum/maximum range. [Silicon Canals](https://siliconcanals.com/carles-reina-launches-12-9m-fund/) (2025-11-26). | | Newer funds / AUM | Searches for 2026 fundraising and Fund II found no verified newer vehicle. $15m is latest-known, not an assertion that no subsequent fund exists. No separately verified firm-wide AUM or investment-budget figure. A directory search result's $11m AUM conflicts with the reported $15m fund and may confuse pounds/dollars; do not use it. | Historical transactions do not expand the stated mandate automatically. In particular, 2024 Gendo participation predates the 2025 legal Fund I vehicle and launch. ## Previous deep-tech investments and classification | Company | Attribution, date/round and technology rationale | Evidence | |---|---|---| | **THEKER Robotics** | Strongest verified deep-tech example: robotics, deep learning and computer vision integrated into autonomous industrial machines. Reina's official Baobab launch names THEKER among the fund's already completed deals. Launch coverage calls the fund's investment pre-seed, but does not provide its exact transaction date or amount. The homepage also lists THEKER under Reina's pre-Baobab angel history; both can be true, and the launch attribution is needed to support the firm investment. Do not attribute every later THEKER round to Baobab. | [Founder launch](https://www.linkedin.com/posts/carlesreina_today-i-am-thrilled-to-announce-baobab-ventures-activity-7399357246863986688-2K9v) (2025-11-26); [Silicon Canals](https://siliconcanals.com/carles-reina-launches-12-9m-fund/) (2025-11-26); [official THEKER](https://www.theker.ai/) and [official company profile](https://www.linkedin.com/company/theker) (undated). | | **BASE4 Biosciences** | Research-intensive bioscience candidate: molecular blood analysis, genetic markers and organ biological-age modelling, rather than ordinary SaaS. Cinco Días reports Baobab participating in **US$1m pre-seed**, announced 2026-04-22, alongside Kfund, Itnig and Masia. However Nordic9 dates coverage 2026-04-02 and lists **Carles Reina personally**, so firm-versus-angel attribution requires confirmation before adding an Adex participation. General preventive diagnostics, not verified neurotech. | [Cinco Días](https://cincodias.elpais.com/companias/2026-04-22/base4-biosciences-cierra-una-ronda-con-kfund-baobab-ventures-itnig-y-masia-vc-para-su-ia-de-deteccion-de-enfermedades.html) (2026-04-22); [BASE4 official site](https://base4bio.com/) (undated); [Nordic9](https://nordic9.com/news/base4-biosciences-closed-a-1m-pre-seed-round-with-kfund-itnig-masia-and-angel-investors-in-spain-pedro-coelho-and-carles-reina-baobab-ventures/) (2026-04-02). | | **Apate.AI** | Verified Baobab participation in **A$11.4m / approximately US$8.15m seed**, led by Lobby Capital, announced 2026-08-31. Deploys adversarial conversational voice/text agents to engage scammers and extract fraud intelligence. Specialized AI/cybersecurity exposure; possible deep-tech fit, but sources do not prove a foundational-model or hardware research moat. No neural sensing/stimulation or brain interface. | [Startup Daily](https://www.startupdaily.net/topic/funding/anti-scammer-startup-apate-ai-nabs-11-4-million-seed-raise-amid-us-move/) (2026-08-31); [official Apate](https://www.apate.ai/) (undated). | Other baseline investments should not be counted as verified deep tech merely because they use AI: - **Gendo:** official co-investor Concept confirms Baobab Ventures led by Carles Reina in its **$1.1m pre-seed**; EU-Startups reports **€1m**, 2024-07-03. Architectural AI visualization is verified, but independent core-research/deep-tech evidence is insufficient here. Its date predates Fund I; retain firm-name participation evidence while reviewing the underlying vehicle. [Concept announcement](https://concept.vc/news/revolutionising-architectural-visualisation-our-investment-in-gendo) (undated); [EU-Startups](https://www.eu-startups.com/2024/07/london-based-gendo-raises-e1-million-to-transform-visualisations-with-ai-image-platform-for-architects/) (2024-07-03).
team@apexlogos.ai22 days ago
MATCH