Qida, a HealthTech startup from Sabadell, has raised €37 million to extend its elderly care services throughout Spain. This is the largest investment ever in the Spanish elder care sector and one of the biggest rounds for a social impact company in the country.
The funding round was led by French growth investor Quadrille Capital, marking Qida’s first collaboration with an international partner. Other participants included Barcelona-based Asabys Partners and the Social Impact Fund (FIS), managed by Cofides, which invested directly in a startup for the first time.
"It is a very powerful syndicate, because it is a triumvirate between a growth fund, a health fund, and an impact fund," says co-founder and CEO Oriol Fuertes Cabassa. He adds that each will have a representative on the board of directors.
This substantial raise by Qida stands out compared to other European HealthTech and elder-care startups in 2025, where most funding rounds have been smaller. For example, London-based Neu Health secured €1.9 million to develop AI solutions for Parkinson’s and dementia care.
Qida aims to reach 100,000 seniors by 2027, leveraging this new funding to scale its impact across Spain.
Summary: Qida’s €37 million funding marks a historic milestone for elder care investment in Spain, supported by a diverse syndicate, enabling its expansion to serve 100,000 seniors by 2027.
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