As part of Banco Sabadell’s BStartup content agenda at South Summit 2024, held from 5 to 7 June, we discussed with the CFOs of Vicio and Pack and experts in dilutive and non-dilutive financing from Banco Sabadell the different financing strategies for startups in the short and long term.

In the session ‘Financing Jam Session: The challenge of funding your startup today’ held at the Arena Stage we brought together Adrià Vazquez, CFO of Vicio, and Isaac Cabezas, CFO of Paack, two successful companies, who talked with three Sabadell experts in dilutive and non-dilutive financing solutions, Ángel Buigues, BStartup Segment Director, Arnau Segura, Investment Manager at BStartup10, and Anna Niubó, Investment Manager at Sabadell Venture Capital.

#SouthSummit24 | Conoce cuáles son los retos y mejores estrategias de financiación a corto y largo plazo con Adrià Vazquez, CFO @ganasdevicio; Isaac Cabezas CFO #Paack & @AngelBuigues, Arnau Segura y Anna Niubó de @BStartup #SabadellVentureCapital @BancoSabadell pic.twitter.com/wgbbNmEFQA

— BStartup (@BStartup) July 8, 2024

Acces the full panel here.  

Isaac Cabezas, CFO of Paack noted: ‘Balancing investment in equity and banks makes your cost of capital more efficient and at the same time you, or your investors, are not so diluted in terms of ownership of the company’.

Adrià Vazquez, CFO of VICIO said: ‘We are in a more complex macro context where every euro counts more than two years ago, so the value for money of our product has to be very good’. 

Both Isaac Cabezas, CFO of Paack, and Adrià Vazquez, CFO of VICIO shared how the financing journey of their companies has been, the main challenges they have faced and what advice they would give to other entrepreneurs in earlier stages. 

‘Since 2013 we have been promoting banking specialisation for startups and scaleups, with products and services focused on their needs, with a specific risk circuit for this segment of companies,’ said Ángel Buigues. 

‘Where before there was only equity, there are now different debt alternatives, including Venture Debt, which allows financing for growth with much lower dilution,’ said Anna Niubó.

Arnau Segura, Investment Manager at BStartup10, stressed the importance of defining the objectives of seeking financing from funds. ‘Not all companies are suitable for VCs, but only those with high growth potential, innovative and scalable business models that target a large market, as well as with exit potential on the horizon’.