Utmost is a strategic investment firm that builds and manages high-conviction positions across select sectors. We partner with founders to strengthen fundamentals.
Explore InvestmentsWe invest through focused vehicles and direct opportunities, aligning strategy, structure, and time horizon with each mandate.
We work alongside teams on the hard parts: governance, operating cadence, financing strategy, and risk reduction.
We build relationships designed to outlast market cycles—grounded in clarity, trust, and alignment.
We treat risk as an engineering problem: identify, quantify, mitigate, and monitor systematically.
Utmost is built to stay engaged through the full arc of building value. We prefer substance over noise, and durability over short-term optics. Our mission is to allocate capital responsibly and work alongside teams to build resilient assets.
We invest where technical reality, operational discipline, and strategic relevance intersect. Our work is pragmatic: define the objective, map the constraints, reduce uncertainty.
We maintain a structured decision process designed for consistency. Our Investment Committee is responsible for approving investments and major portfolio decisions.
We support execution, not just financing. We look for teams with high standards and a bias toward execution, helping them reduce friction.
Strategic technologies and capabilities that improve resilience and operational effectiveness.
Hardware and software platforms with defensible engineering moats and long-term relevance.
Select assets with durable cashflow characteristics and operational upside.
Premium projects where brand, execution, and distribution define outcomes.
Agile structures to consolidate assets, aggregate holdings, and centrally manage operations.
Direct investment in growth-stage companies with dedicated governance and founder alignment.
Regulated vehicles for diversified portfolio management and co-investment with institutional partners.
Structuring of R&D tax credits and secure tax optimization for private investors.
Ad-hoc vehicles for Real Assets and infrastructure projects with stable, long-term cash flows.
Why it matters: Next-generation AI platform for defense and national security, providing operational intelligence and predictive analytics at scale (Seed Phase).
Utmost Role: Co-Builder / Lead Seed Investor
Why it matters: Defense base semiconductors with disrupting technology and BSC (Barcelona Supercomputer Centre) MoU to develop the future ADS Militar and Aerospace Grade Chips.
Utmost Role: Co-Builder / Venture Studio
The Project: A luxury and disruptive online importation car dealer powered by AI and Digitalization.
Utmost Role: Strategic Accelerator
New vehicle to focus on deep tech and defense autonomy sectors in Southern Europe.
A comprehensive analysis of asset resilience in unstable markets.
Miguel M. Acosta (CEO) writes in El Español about silicon sovereignty in Europe.
Share a concise overview, what you’re building, and what kind of partnership you’re looking for.
Submit DeckFor vehicles, mandates, or co-investment discussions, contact our investor relations team.
Contact IRPalmeras del
Limonar 31
29016 Málaga, Spain
Duque de
Sesto 42
28009 Madrid, Spain
Castellana
93b
28046 Madrid, Spain