# The Basque Government

> The Basque Government is a VC fund in Vitoria-gasteiz backing Biopharma and Real Time. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Vitoria-gasteiz, Spain
- Total investments: 4
- Last investment: May 2026
- Lead investor: 25%
- Last updated: Aug 2026

The Basque Government is a VC fund in Vitoria-gasteiz focused on Biopharma and Real Time. The Basque Government is the governing body of the Basque Autonomous Community of Spain.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.2M–$2.3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Biopharma | 1 | 25% |
| Real Time | 1 | 25% |
| Health Care | 1 | 25% |
| Biotechnology | 1 | 25% |
| Cyber Security | 1 | 25% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Private Equity | 1 | 25% |
| Venture - Series Unknown | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Spain | 2 | 50% |
| Ecuador | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Orbik Cybersecurity | Orbik Cybersecurity provides testing and compliance services for industrial equipment and embedded electronics. | $2.3M | Seed | May 19, 2026 |  |
| Oncomatryx | Oncomatryx is a biopharmaceutical company focused on the tumor microenvironment.Oncomatryx has developed precision drugs and diagnostic devices that target the tumor stroma.Oncomatryx Antibody-Drug Conjugates (ADCs) and human-derived proteins target peritumoral fibroblasts, endothelial cells and extracellular matrix that promote tumorinvasiveness, drug resistance and immunosuppression.Oncomatryx ADCs bear novel proprietary payloads and linker derivatives that render an optimal therapeutic index against pancreatic cancer in vivo. Oncomatryx OMTX705, an ADC which targets cancer-associated fibroblasts (CAFs), inhibits pancreatic tumor growth in patient-derived xenograft mice, both as single agent and in combination with chemotherapy. | $67.3M | Venture - Series Unknown | Mar 23, 2026 |  |
| Ayesa Digital | Ayesa Digital focuses on digital solutions: software implementation, digital transformation, cybersecurity, cloud, data, AI, and related IT consulting. |  | Private Equity | Dec 31, 2025 |  |
| Safeloc Systems | Safeloc Systems is a developer of a real-time location system solution (RTLS) to provide ultra-wideband (UWB) technology services. | $2.2M | Seed | Aug 09, 2023 |  |

4 of 4 investments shown.

## Co-investors
- [BeAble Capital](https://shizune.co/investors/profile/b-able) — VC Fund, 1 deal together
- [BBK Foundation](https://shizune.co/investors/profile/bbk-foundation) — VC Fund, 1 deal together
- [Bilbao Bizkaia Kutxa (bbk)](https://shizune.co/investors/profile/bilbao-bizkaia-kutxa-bbk) — VC Fund, 1 deal together
- [Ceit](https://shizune.co/investors/profile/ceit-49a4) — VC Fund, 1 deal together
- [Centre for the Development of Industrial Technology (CDTI)](https://shizune.co/investors/profile/centre-for-the-development-of-industrial-technology-cdti) — VC Fund, 1 deal together
- [Ekarpen](https://shizune.co/investors/profile/ekarpen) — VC Fund, 1 deal together

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## FAQ

### What does The Basque Government invest in?

The Basque Government invests primarily in Biopharma, Real Time and Health Care startups, most often at Seed and Private Equity stage. Most of the 4 investments tracked by Shizune back companies in Spain. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is The Basque Government's check size?

The Basque Government typically joins rounds of $2.2M–$2.3M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds The Basque Government participates in.

### When did The Basque Government last invest?

The most recent investment recorded for The Basque Government closed in May 2026. Shizune tracks 4 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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