With a volume of \u20ac300 million, Seaya Andromeda stands as the largest vehicle in Southern Europe focused on the growth of climate tech companies. The management firm led and co-founded by Beatriz Gonz\u00e1lez secured this capital with the purpose of boosting technologies that confront and fight climate change at a time when this challenge has become one of the priority pillars of European Union strategies. With the new fund, the total assets under management by the firm rise to over \u20ac650 million.<\/p>\n
Furthermore, it represents the largest growth equity fund in Spain’s history and expects to invest more than \u20ac100 million in the country. Sourcing opportunities in the rest of the European markets will be another area of action for Seaya Andromeda. Notable investors in the fund include companies such as Iberdrola, Nortia, Santander, BNP Paribas Group, Next Tech-ICO, and BPI France.<\/p>\n
“The goal is to detect proven technologies that contribute to creating a more sustainable planet. Following this guideline, the projects we look at will be specialized in four fields: decarbonization, the circular economy, energy transition, and sustainable food,” detail Carlos Fisch and Pablo Pedrej\u00f3n, partners at Seaya and heads of the fund. Regarding technologies, the investors add, “the fund will invest in software, hardware, and digitalization solutions.” One of the requirements to enter these companies\u2014with average investment tickets between \u20ac7 million and \u20ac40 million\u2014is that “they must be projects with a certain level of maturity that need to scale or approach internationalization to move to the next level.” The fact that companies have achieved profitability will be another factor highly valued in Seaya Andromeda’s investments. The fund will allow transactions in high-growth companies through both capital increases and secondary sales from existing shareholders.<\/p>\n
For Beatriz Gonz\u00e1lez, founder and managing partner of Seaya, “Seaya Andromeda represents the natural progression of our commitment to companies seeking technology-based solutions to current climate challenges. We now have a specialized vehicle that will offer solid, rigorous, and strategic support to help companies generate an intentional, additional, and measurable impact.”<\/p>\n
Regarding the profile of the founders behind these projects, Pedrej\u00f3n and Fisch explain that “we will focus on entrepreneurs who have a track record in executing previous projects, who are clear about which partners should accompany them in the companies’ growth, and what path to follow to scale them.”<\/p>\n
The fund has already entered five startups, two of which are Spanish. Barcelona-based 011h is a next-generation sustainable construction platform that drives the transition toward a net-zero world through the design and building of carbon-neutral buildings. Meanwhile, Seabery (Huelva) applies augmented reality (AR) to vocational training, helping to evolve the traditional educational model and allowing companies to adapt to the requirements of Industry 4.0.<\/p>\n
In its ten-year history, Beatriz Gonz\u00e1lez’s firm counts successful cases in its investment portfolio, such as Ecoalf\u2014a company founded by Javier Goyeneche and specialized in clothing and accessories made from sustainable and recycled materials, which was sold in 2017 to the investment fund Manor Group. The unicorns Glovo and Cabify stand out as other major investments by the firm, alongside Wallbox, the electric vehicle charging solution platform that went public on the New York Stock Exchange in 2021.<\/p>\n","protected":false},"featured_media":1590,"template":"","class_list":["post-1708","sala-de-prensa","type-sala-de-prensa","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n