
Investments
79Portfolio Exits
12Funds
8About Adara Ventures
Adara Ventures is a venture investment firm that specializes in solving early-stage companies' problems. It has a European focus and invests in B2B opportunities in cybersecurity, data and applications, infrastructure, DevOps, components, and digital health sectors. It was founded in 2005 and is based in Madrid, Spain.
Latest Adara Ventures News
Oct 27, 2025
Prisma Photonics has raised $30 million in a funding round led by Protego Ventures, aiming to expand its fiber-sensing AI technology for infrastructure monitoring in the U.S., Europe, and Latin America. Oct. 27, 2025 ID 9186 © Guyerwood | Dreamstime.com Prisma Photonics has closed an oversubscribed $30 million growth funding round, bringing its total capital raised to $80 million. The round was led by Protego Ventures , with participation from Adara Ventures, the investment arm of a leading Latin American transmission operator, and continued backing from Insight Partners, Chione Switzerland, and SE Ventures, Schneider Electric’s venture arm. The Israel-based deep-tech company uses artificial intelligence and fiber-sensing technology to monitor large-scale infrastructure systems. Its Hyper-Scan Fiber-Sensing platform converts existing optical fibers into real-time sensor networks capable of detecting, classifying, and pinpointing events with meter-level accuracy across hundreds of kilometers. The technology is currently deployed across thousands of kilometers of critical infrastructure, including projects with 15 transmission system operators in the United States and Europe. Prisma Photonics says its system can identify issues such as grid congestion, physical intrusions, wildfire threats, and other risks affecting transmission networks and secured perimeters. According to Protego Ventures Managing Partner Lee Moser, the technology addresses “critical needs across multiple infrastructure sectors, from physical security to grid resilience.” The company plans to use the new funding to expand its presence in the U.S. and Europe and to enter the Latin American market, where utilities are investing in renewable energy integration and transmission system modernization. Adara Ventures Partner Alberto Echeverri said Prisma Photonics is well positioned to help operators in emerging markets “unlock new capacity, reduce risks, and drive the energy transition forward.” Prisma Photonics CEO Dr. Eran Inbar said the company’s goal is to enhance the safety and resilience of infrastructure worldwide by applying AI to interpret raw optical fiber data in real time. Sign up for our eNewsletters Get the latest news and updates Sign Up
Adara Ventures Investments
79 Investments
Adara Ventures has made 79 investments. Their latest investment was in Acoru as part of their Series A on October 22, 2025.
Adara Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/22/2025 | Series A | Acoru | $11.6M | No | 2 | |
10/15/2025 | Series D | Prisma Photonics | $30M | Yes | Chione Switzerland, Insight Partners, Protego Ventures, SE Ventures, and Undisclosed Investors | 3 |
7/10/2025 | Seed VC | TandemTrace | Yes | 2 | ||
4/8/2025 | Private Equity | |||||
4/2/2025 | Unattributed VC |
Date | 10/22/2025 | 10/15/2025 | 7/10/2025 | 4/8/2025 | 4/2/2025 |
|---|---|---|---|---|---|
Round | Series A | Series D | Seed VC | Private Equity | Unattributed VC |
Company | Acoru | Prisma Photonics | TandemTrace | ||
Amount | $11.6M | $30M | |||
New? | No | Yes | Yes | ||
Co-Investors | Chione Switzerland, Insight Partners, Protego Ventures, SE Ventures, and Undisclosed Investors | ||||
Sources | 2 | 3 | 2 |
Adara Ventures Portfolio Exits
12 Portfolio Exits
Adara Ventures has 12 portfolio exits. Their latest portfolio exit was Openbravo on November 24, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/24/2022 | Acquired | 7 | |||
10/17/2022 | Acquired | 1 | |||
10/3/2022 | Merger | 1 | |||
Date | 11/24/2022 | 10/17/2022 | 10/3/2022 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 7 | 1 | 1 |
Adara Ventures Fund History
8 Fund Histories
Adara Ventures has 8 funds, including Adara Ventures IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/17/2025 | Adara Ventures IV | $108.97M | 1 | ||
10/21/2020 | Adara Ventures III S.C.A. | ||||
8/6/2020 | Adara Ventures II | ||||
12/18/2019 | Adara Ventures III | ||||
12/31/2015 | Adara Ventures II SCA SICAR |
Closing Date | 3/17/2025 | 10/21/2020 | 8/6/2020 | 12/18/2019 | 12/31/2015 |
|---|---|---|---|---|---|
Fund | Adara Ventures IV | Adara Ventures III S.C.A. | Adara Ventures II | Adara Ventures III | Adara Ventures II SCA SICAR |
Fund Type | |||||
Status | |||||
Amount | $108.97M | ||||
Sources | 1 |
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