# Lugo Transforma

> Lugo Transforma is a VC fund in Lugo backing GPS, Drones and Travel. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Lugo, Spain
- Total investments: 3
- Last investment: Dec 2025
- Lead investor: 33%
- Last updated: Aug 2026
- Website: https://lugotransforma.com

Lugo Transforma is a VC fund in Lugo focused on GPS and Drones. Lugo Transforma, which is supported by the Concello de Lugo and numerous local businesses, aims to stimulate innovation and growth in the city by focusing on the creation of skilled and high-quality jobs.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| GPS | 1 | 33% |
| Drones | 1 | 33% |
| Travel | 1 | 33% |
| Farming | 1 | 33% |
| Tourism | 1 | 33% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 67% |
| Venture - Series Unknown | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| VigSec-Drone | VigSec-Drone is a high-performance security and surveillance designed to deliver real-time situational awareness. | $1.2M | Venture - Series Unknown | Dec 11, 2025 |  |
| Innogando | Innogando focused on digital and technological solutions for livestock farming, particularly through GPS monitoring, traceability, and animal welfare systems. | $1.6M | Seed | Jul 14, 2025 |  |
| Boldest | Boldest is an innovative startup that is changing the way tourists engage with online tourism information. Boldest specializes in building premium interactive map solutions that improve the travel experience by providing intuitive, user-friendly, and customizable solutions. | $393K | Seed | Nov 17, 2023 |  |

3 of 3 investments shown.

## Co-investors
- [Encomenda Capital Partners](https://shizune.co/investors/profile/encomenda-capital-partners) — VC Fund, 1 deal together
- [Fondo Bolsa Social](https://shizune.co/investors/profile/fondo-bolsa-social) — VC Fund, 1 deal together
- [Startup Braga](https://shizune.co/investors/profile/startupbraga) — VC Fund, 1 deal together
- [Vigo Activo](https://shizune.co/investors/profile/vigo-activo-6ebd) — VC Fund, 1 deal together
- [Xesgalicia](https://shizune.co/investors/profile/xesgallicia) — VC Fund, 1 deal together

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### Similar country
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## Featured in investor lists
- [Travel VC Funds in Spain](https://shizune.co/investors/travel-vc-funds-spain)
- [Agriculture (agtech) Investors in Spain](https://shizune.co/investors/agriculture-agtech-investors-spain)
- [Agriculture (agtech) VC Funds in Spain](https://shizune.co/investors/agriculture-agtech-vc-funds-spain)

## FAQ

### What does Lugo Transforma invest in?

Lugo Transforma invests primarily in GPS, Drones and Travel startups, most often at Seed and Venture - Series Unknown stage. Most of the 3 investments tracked by Shizune back companies in Spain. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Lugo Transforma last invest?

The most recent investment recorded for Lugo Transforma closed in Dec 2025. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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