Associate, Defense Tech VC

OMVP; Madrid; Hybrid; EUR 30,466 - 36,493; Full time

Benefits offered by this job

Direct mentorship

Meaningful work from day one

Clear path for growth and higher compensation

Job summary

A venture capital firm in Madrid is seeking an Associate with a keen interest in defense and security technology. The role involves fund operations, sourcing deals, and analysis of portfolio companies. Candidates should have an MBA (or equivalent) and experience in startups. Starting compensation is €3,000/month with opportunities for mentorship and growth. The position is flexible on hours and location, with some in-person meetings required.

Qualifications

• MBA completed or in progress is preferred.
• Experience in startups or entrepreneurial settings.
• Strong self-direction to work independently.

Responsibilities

• Manage fund operations and maintain LP relations.
• Source deals and conduct investment analysis.
• Support deal execution and work with portfolio companies.

Skills

Self-direction

Interest in defense and national security technology

Experience in a startup or entrepreneurial environment

Education

MBA or equivalent background

Job description

Associate – Venture Capital | Madrid | Immediate Start

If you're trying to break into venture capital and have a genuine interest in defense and security technology, this is a unique opportunity. You'd be joining a small, early‑stage firm at the ground floor, working directly with the Managing Partner across all aspects of the fund, and building VC experience right away.

What We Do

The firm invests in dual‑use and defense technology companies operating across NATO member states, Ukraine, and allies. The portfolio spans autonomous systems, counter‑drone, ISR, command and control software, battlefield logistics, and related areas. It's a hot space to be in right now, and we think we're approaching it in a more interesting way than most.

Venture capital focuses on new tech and new business models; oddly, the VC industry has hardly changed its own business model since the 1970s. We think like a startup and are focused on building a product that the market wants. Get in touch to learn more.

The Role

The position covers the full range of what a small fund does, including:

• Fund operations and LP relations
• Deal flow and sourcing
• Investment analysis and initial vetting of potential portfolio companies
• Supporting deal execution and closing
• Working with portfolio companies post‑investment

It's a lot, but that's also the point. You'll learn more about how venture capital actually works than you would in a more compartmentalized role at a larger firm.

What We're Looking For

• MBA (completed or in progress) or equivalent background
• Experience in a startup or entrepreneurial environment
• A real interest in defense and national security technology — this is what we do all day, so it matters
• The kind of self‑direction that makes close management unnecessary
• Madrid location — some in‑person meetings in Barrio Salamanca come with the job, but otherwise the role is flexible on hours and location

Compensation and Growth

€3,000/month to start. We offer direct mentorship, meaningful work from day one, and a clear path to more responsibility, higher compensation, and potential carry participation as you demonstrate what you can do. This is a small team, so strong performance gets noticed and rewarded quickly.

If this sounds like a potential fit, send your CV and a short note on why to [e-mail] — no formal cover letter needed.