About All Iron Ventures

All Iron Ventures is a Bilbao-based venture capital firm founded by Ander Michelena and Jon Uriarte, two successful entrepreneurs with a proven track record. The firm's name is inspired by the iron mining history of Bilbao, symbolizing the region's industrial heritage and entrepreneurial spirit. Michelena and Uriarte's entrepreneurial journey began in 2009 when they founded Ticketbis, a secondary ticketing marketplace that expanded to 45 countries. With only €14 million in funding, Ticketbis grew to employ 450 people across 14 offices worldwide and achieved annual sales exceeding $100 million. In 2016, eBay acquired Ticketbis for a reported €165 million, integrating it into StubHub.All Iron Ventures has established itself as a significant player in the European venture capital landscape, with approximately $300 million in assets under management. The firm focuses on two main investment strategies:

The firm has raised several funds, including the AIV Bilbao FDF I and All Iron Ventures I. In 2022, All Iron Ventures closed its debut fund at €66.5 million, making it the largest first-time VC fund in Spain at that time.