Roca Group Ventures will invest in deals advised by Alantra.

Roca Group, a Spain-based bathroom maker, has launched a corporate venturing fund to invest €25m ($27m) in startups.

Roca Group Ventures will invest between €500,000 and €2m per project over the next five years as advised by Alantra, a financial services and asset management firm.

Roca Group has defined four business areas of interest: wellness and smart bathrooms; new businesses and materials; energy efficiency and rationalisation of water consumption; and operational excellence in its industrial processes.

An undisclosed executive will be…

James Mawson

James Mawson is founder and chief executive of Global Venturing.