Qida, a HealthTech startup based mostly in Sabadell, has secured €37 million in recent funding to broaden its aged care companies throughout Spain – marking the biggest funding ever within the elder care sector in Spain and is among the largest for a Spanish social influence firm.
The spherical was led by French progress investor Quadrille Capital, marking Qida’s first partnership with a world backer. Additionally collaborating have been Barcelona’s Asabys Companions and the public-private Social Affect Fund (FIS) managed by Cofides, investing instantly in a startup for the primary time. Further assist got here from the Institut Català de Funds (ICF), US-based Endeavor Catalyst, and returning traders Kibo Ventures, Creas, and Ship2B.
“It’s a very highly effective syndicate, as a result of it’s a triumvirate between a progress fund, a well being fund, and an influence fund,” celebrates its co-founder and CEO, Oriol Fuertes Cabassa, who specifies that the three may have a consultant on the board of administrators. (Translated)
This elevate by Qida in Spain is notable when set in opposition to current European HealthTech and elder-care startup funding tendencies.
Whereas most comparable offers tracked by EU-Startups in 2025 are comparatively modest – corresponding to Neu Health in London, which raised €1.9 million to use AI to Parkinson’s and dementia care; Doctor.One in Warsaw, which secured €4 million to broaden its asynchronous chronic-care mannequin; and Teton.ai in Copenhagen, which closed a €17 million Sequence A for predictive healthcare – Qida’s funding dimension stands out considerably.
The presence of Spanish traders corresponding to Asabys Companions and the public-private Social Affect Fund within the syndicate signifies continued home assist 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 May 2025 analysis that AI-driven healthcare startups attracted greater than €4.4 billion in early-year funding.
Total, Qida’s spherical not solely marks the biggest in Spain’s elder-care sector up to now but in addition reinforces the rising investor urge for food for scalable, tech-enabled care fashions throughout Europe.
“I’m extraordinarily happy to have the assist 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 phase. This funding not solely permits us to develop and consolidate our management, but in addition to proceed maximising our social influence,” 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 situations like Parkinson’s illness. The corporate has additionally constructed a market – assume Amazon, however for senior companies.
Alejandra Duran Gil, Associate and CIO at Quadrille Capital, emphasised: “We now have full confidence in Qida’s enterprise mannequin and its progress potential, backed by stable 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 will probably be directed towards three strategic pillars: progress, 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 goal is to serve 100,000 individuals and attain €100 million in annual income by 2027, up from €40 million anticipated this 12 months – quadrupling each income and attain.
This growth may see the group develop from the present 300 employees and a pair of,000 caregivers to over 700 workers within the coming years.
“The corporate is worthwhile, and this capital is to not cowl losses,” defined Cabassa. “There are three key objectives: progress, 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 anticipated to construct instruments that permit for extra proactive, preventative, and built-in care fashions – bridging the well being and social companies divide utilizing AI-driven options.
From its base in Catalonia, Qida is already a standout within the social influence area. 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, Associate at Asabys Companions, added: “The funding in Qida reinforces our dedication to firms which have an actual influence on the healthcare system and folks’s lives, selling a mannequin of high-quality care, prevention, and residential care with potential for sustainable progress.” (Translated)
With this injection of capital, Qida is now doubling down on its aim 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 Affect Fund (FIS) managed by COFIDES, added: “Qida is one among Spain’s main firms by way of social influence and proof that it’s doable to be a worthwhile firm whereas additionally producing a optimistic social influence.” (Translated)
