The founding partner of Cardumen Capital, a European-Israeli Venture Capital fund, Igor de la Sota, has been awarded by the IESE business school as one of the top 40 entrepreneurs under 40 in 2022. The IESE 40under40 awards recognize outstanding individuals under 40 from the global network of more than 55,000 IESE alumni from four different continents who are leaving their mark and changing the world through impact business projects.
The IESE 40under40 winners have been chosen based on a rigorous analysis of the viability of the projects and, especially, its impact on society in terms of social contribution and employment generation. Collectively, this year’s laureates have created more than 4,000 new jobs, generated €519 million in revenue and raised almost €1 billion in capital.
De la Sota, along with the other 39 award-winning entrepreneurs, was honored at an awards ceremony held on the IESE campus in Madrid at the end of November.
“The stories and collective figures of IESE’s 40under40 are a reflection of the profound positive impact that schools can have on society through entrepreneurship,” has pointed out Maria Julia Prats, academic director of the Center for Entrepreneurship and Innovation at IESE.
Cardumen Capital is an alternative investment manager regulated by the CNMV with offices in Madrid and Tel Aviv. Chaired by Gil Gidron and founded by Igor de la Sota and Gonzalo Martínez de Azagra in 2018, Cardumen Capital, through its Venture Capital funds, invests in high-tech companies in the Israeli market, a leader in innovation and applied technology. The fund has a team with a solid track record and more than a decade of experience investing in Israeli technology companies.
Its first fund closed with a volume of 60 million euros and had large strategic investors such as Banco Sabadell, Repsol and Red Eléctrica de España as well as insurers, pension funds, family offices and national and international private investors. In January 2022, they launched their second fund with the same strategy and geographic investment focus as the previous one.