Long-term capital.
Hands-on value creation.

Utmost is a strategic investment firm that builds and manages high-conviction positions across select sectors. We partner with founders to strengthen fundamentals.

Explore Investments

We combine disciplined capital allocation with active support to help exceptional teams compound.

Capital Management

We invest through focused vehicles and direct opportunities, aligning strategy, structure, and time horizon with each mandate.

Value Creation

We work alongside teams on the hard parts: governance, operating cadence, financing strategy, and risk reduction.

Long-Term Partnership

We build relationships designed to outlast market cycles—grounded in clarity, trust, and alignment.

Risk Engineering

We treat risk as an engineering problem: identify, quantify, mitigate, and monitor systematically.

Built to invest with clarity and conviction.

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.

Investment Philosophy

We invest where technical reality, operational discipline, and strategic relevance intersect. Our work is pragmatic: define the objective, map the constraints, reduce uncertainty.

Governance

We maintain a structured decision process designed for consistency. Our Investment Committee is responsible for approving investments and major portfolio decisions.

Operator-Led

We support execution, not just financing. We look for teams with high standards and a bias toward execution, helping them reduce friction.

We concentrate on a small number of domains where we can add real advantage.

Defense & Autonomy

Strategic technologies and capabilities that improve resilience and operational effectiveness.

Deep Tech

Hardware and software platforms with defensible engineering moats and long-term relevance.

Real Assets

Select assets with durable cashflow characteristics and operational upside.

Media & Experiences

Premium projects where brand, execution, and distribution define outcomes.

Capital architecture tailored to every opportunity.

SPV Archetype

Platform Capital

Agile structures to consolidate assets, aggregate holdings, and centrally manage operations.

NewCo SPV Archetype

Start-up Capital

Direct investment in growth-stage companies with dedicated governance and founder alignment.

Utmost FCR

Institutional Capital

Regulated vehicles for diversified portfolio management and co-investment with institutional partners.

Utmost Tax Equity

Tax Financing

Structuring of R&D tax credits and secure tax optimization for private investors.

Utmost Specialized Vehicles

Specialized SPVs

Ad-hoc vehicles for Real Assets and infrastructure projects with stable, long-term cash flows.

Defense AI — Seed Phase

Stormbringer AI

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

View Case Study
Deep Tech

Atrio

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

View Case Study
Real Assets

Selecto Wagen

The Project: A luxury and disruptive online importation car dealer powered by AI and Digitalization.

Utmost Role: Strategic Accelerator

View Case Study

Ready to build something durable?

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For vehicles, mandates, or co-investment discussions, contact our investor relations team.

Contact IR

Strategic hubs in the heart of the European high-tech ecosystem.

Málaga Office

Palmeras del Limonar 31
29016 Málaga, Spain

Madrid - Retiro

Duque de Sesto 42
28009 Madrid, Spain

Madrid - Castellana

Castellana 93b
28046 Madrid, Spain