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HomeStartupQida raises Spain’s greatest eldercare spherical with €37 million to succeed in...

Qida raises Spain’s greatest eldercare spherical with €37 million to succeed in 100k seniors by 2027


Qida, a HealthTech startup based mostly in Sabadell, has secured €37 million in recent funding to increase its aged care providers throughout Spain – marking the most important funding ever within the elder care sector in Spain and is among the greatest for a Spanish social affect firm.

The spherical was led by French development investor Quadrille Capital, marking Qida’s first partnership with a world backer. Additionally collaborating had been Barcelona’s Asabys Companions and the public-private Social Impression Fund (FIS) managed by Cofides, investing instantly in a startup for the primary time. Further help got here from the Institut Català de Funds (ICF), US-based Endeavor Catalyst, and returning buyers Kibo Ventures, Creas, and Ship2B.

It’s a very highly effective syndicate, as a result of it’s a triumvirate between a development fund, a well being fund, and an affect fund,” celebrates its co-founder and CEO, Oriol Fuertes Cabassa, who specifies that the three can have a consultant on the board of administrators. (Translated)

This elevate by Qida in Spain is notable when set in opposition to latest European HealthTech and elder-care startup funding traits.

Whereas most comparable offers tracked by EU-Startups in 2025 are comparatively modest – equivalent to Neu Well being in London, which raised €1.9 million to use AI to Parkinson’s and dementia care; Physician.One in Warsaw, which secured €4 million to increase its asynchronous chronic-care mannequin; and Teton.ai in Copenhagen, which closed a €17 million Collection A for predictive healthcare – Qida’s funding dimension stands out considerably.

The presence of Spanish buyers equivalent to Asabys Companions and the public-private Social Impression Fund within the syndicate signifies continued home help for HealthTech and social-impact innovation. Not one of the comparable 2025 bulletins coated by EU-Startups contain a Spanish firm, highlighting Qida’s distinctive place in its residence market.

The deal additionally aligns with the broader European HealthTech funding surge, with EU-Startups noting in its Could 2025 evaluation that AI-driven healthcare startups attracted greater than €4.4 billion in early-year funding.

General, Qida’s spherical not solely marks the most important in Spain’s elder-care sector so far but additionally reinforces the rising investor urge for food for scalable, tech-enabled care fashions throughout Europe.

I’m extraordinarily happy to have the help of main private and non-private funds within the sector, in addition to all of the companions who’ve been with us since day one, united in the identical mission of maximising the standard of lifetime of the senior section. This funding not solely permits us to develop and consolidate our management, but additionally to proceed maximising our social affect,” added Cabassa. (Translated)

Based in 2018, Qida started by serving to households discover residence caregivers by means of a digital platform, however the firm has developed right into a complete HealthTech supplier with ambitions to reshape the house care panorama.

Amongst its present ventures are a collaboration with the Catalan authorities to construct affected person monitoring software program for the general public system, and the launch of Spain’s first insurance coverage product overlaying circumstances like Parkinson’s illness. The corporate has additionally constructed a market – assume Amazon, however for senior providers.

Alejandra Duran Gil, Accomplice and CIO at Quadrille Capital, emphasised: “We’ve got full confidence in Qida’s enterprise mannequin and its development potential, backed by strong monetary self-discipline and environment friendly capital administration. The corporate combines technological innovation with a people-centered method, positioning it because the undisputed chief within the sector.” (Translated)

The brand new funding might be directed towards three strategic pillars: development, expertise, and group growth.

On the expansion entrance, Qida plans to enter new Spanish cities and proceed its aggressive acquisition technique. It has already absorbed 9 smaller residence care suppliers previously three years. The purpose is to serve 100,000 folks and attain €100 million in annual income by 2027, up from €40 million anticipated this 12 months – quadrupling each income and attain.

This enlargement may see the group develop from the present 300 employees and a couple of,000 caregivers to over 700 staff within the coming years.

“The corporate is worthwhile, and this capital is to not cowl losses,” defined Cabassa. “There are three key objectives: development, expertise, and group.” (Translated)

To drive the tech roadmap, Qida is bringing on new expertise together with Daniel Alonso, former CPO at Glovo, and Jordi Tusell, ex-managing director of ambulance agency Falck. The expertise group is predicted to construct instruments that enable for extra proactive, preventative, and built-in care fashions – bridging the well being and social providers divide utilizing AI-driven options.

From its base in Catalonia, Qida is already a standout within the social affect house. The corporate has raised a complete of €57 million over 4 rounds, however insists the mission stays unchanged: enhance the standard of life for the aged whereas enhancing the sustainability of the well being and social care programs.

Guillem Masferrer, Accomplice at Asabys Companions, added: “The funding in Qida reinforces our dedication to corporations which have an actual affect on the healthcare system and other people’s lives, selling a mannequin of high-quality care, prevention, and residential care with potential for sustainable development.” (Translated)

With this injection of capital, Qida is now doubling down on its objective to remodel residence care right into a extra dignified, environment friendly, and human expertise – beginning at residence, and maybe quickly, overseas.

Raúl Sánchez, Director of the Social Impression Fund (FIS) managed by COFIDES, added: “Qida is considered one of Spain’s main corporations when it comes to social affect and proof that it’s potential to be a worthwhile firm whereas additionally producing a optimistic social affect.” (Translated)



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