Carina Szpilka is a General Partner and co-founder of K Fund. See contact routes.
Carina Szpilka is a General Partner and co-founder of K Fund, a Madrid-based venture capital firm she established in 2016 alongside Iñaki Arrola, having previously served as CEO of ING Direct in France and Spain after a decade in banking. K Fund’s investment thesis targets early-stage technology startups from pre-seed to Series B across Southern Europe and Latin America, focusing on innovative, customer-centric sectors including SaaS, fintech, AI, healthtech, and cybersecurity. The firm typically invests between €100,000 and €15 million per deal, with Szpilka’s team often leading rounds for high-growth ventures. Notable portfolio companies include Factorial, an HR tech unicorn; Exoticca, a travel platform; Bdeo, an insurance tech startup; and Goin, a fintech company. Szpilka has publicly emphasized that her “obsession is to demonstrate that venture capital can drive transformation,” highlighting AI as a key frontier for 2026 and noting K Fund’s record 32 investments in 2025. She also serves as President of Adigital, Spain’s digital economy association, and holds independent director roles at Meliá Hotels, Grifols, and ABANCA.
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