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MicroWave Ventures is a microventure capital firm in Spain that focuses on investing in software business development. Founded 2012 in Bilbao, Pais Vasco, Spain by Gonzalo Martinez de Azagra, it invests in seed rounds. Its portfolio companies include Iron Belt Studios and La Communitat. As of March 2020, Microwave Ventures has made three investments. Their most recent investment was on February 6, 2015 with La Communitat. The Communitat is a digital publisher dedicated to publishing and native interactive publications for tablets. Iron Belt Studios is an independent video game producer based in the Basque Country, Spain. Its game portfolio include MMO games and casual iOS/Android games like Intuizion.