Seaya Ventures, a Madrid, Spain-based enterprise capital agency, closed its third fund, Seaya III, at €165m.
Seaya III has a broad, worldwide investor base, particularly from Europe and the Americas, combining institutional buyers and household places of work offering strategic help. The vast majority of the commitments come from recurring buyers in earlier funds, displaying their confidence within the GP.
Led by Beatriz González, Founder and Managing Companion, Seaya Ventures will proceed investing in excellent and mission-driven founders of European tech firms, partnering with them and contributing to their worldwide growth. By leveraging its native information with a worldwide ecosystem, the corporate might help firms scale and develop into regional and world leaders. The fund will proceed to give attention to main Collection A and B rounds, having the ability to make investments as much as €20m per firm all through a number of rounds. It’s actively sectors comparable to fintech, insurtech, edtech, healthtech and mobility and expects to shut 5 extra offers within the following weeks.
Seaya III has already made 10 investments so far -Sensei, Filmin, Alma, Toq.io, Fracttal, Flexcar, receeve, CrowdFarming, RatedPower and Aquí Tu Reforma.
The $165m car is a related enhance from the 2 earlier funds, Seaya II, €103M from 2017 and Seaya I, €57M from 2013.
Since 2013, Seaya has invested in 37 tech firms together with Spanish unicorns Cabify, Glovo and Wallbox (NYSE:WBX). Its combination portfolio is at the moment price greater than €7 billion. Earlier this yr, the agency additionally introduced a partnership with Cathay Innovation. The agency has greater than doubled its property underneath administration as much as €350M.
Seaya has additionally strengthened its funding and operations groups in current months, with incorporations in varied geographies. The staff has 14 professionals distributed between Madrid and Mexico.