TLDR:
- Seaya Andromeda, a female-led VC firm, closes a €300M fund to invest in impact-driven companies.
- The fund aims to invest between €7 million to €40 million in energy transition, decarbonisation, sustainable food value chain, and circular economy companies.
Female-led VC firm Seaya has closed Seaya Andromeda, the first Article 9 climate-tech fund in Southern Europe at €300 million. This fund will focus on impact-driven growth companies specializing in energy transition, decarbonisation, sustainable food value chain, and circular economy. The fund subscribes to SFDR’s Article 9, ensuring positive societal and environmental impacts. Andromeda plans to invest between €7 million to €40 million in each company, with a total of 25 investments planned by the end of 2027. The fund has already made its initial investments in companies like Seabery, Recycleye, 011h, Pachama, and Aegir Insights. Seaya, as the largest VC investor in Spain, aims to support innovative and sustainable solutions for a better future. With a strong track record and technological expertise, Seaya contributes to global expansion and success of its portfolio companies.
