Extension Fund

"Extension Fund is a pioneering venture debt firm based in Madrid and Barcelona, specializing in supporting bold entrepreneurs aiming to build global companies. They forge long-term partnerships with portfolio companies, leveraging their extensive knowledge, experience, and network to drive growth and success. Extension Fund operates as a hybrid debt fund, investing through convertible notes and venture debt, tailored for companies from pre-seed to Series B stages. They invest from €100k to €3M in companies with global potential at different stages; through convertible notes in earlier stages or venture debt in more mature startups. In their Seed Pocket initiative, Extension Fund partners early on with high-potential companies expected to raise several rounds of funding. They utilize convertible notes as a form of short-term financing with the final purpose of conversion into equity, typically in a future round. Additionally, their venture debt offering provides debt financing for venture-backed companies at more flexible terms than traditional financing, supporting companies in scaling their operations effectively."