Spain’s exposure to climate change helps Madrid-based VC, Seaya, close €300M climate-tech fund
Spanish startups' combined enterprise value exceeded €100 billion in 2023, with Seaya closing a €300 million climate-tech fund.
MAIN POINTS
- Spanish startups' enterprise value surpassed €100 billion in 2023.
- Seaya closed a €300 million climate-tech fund named Seaya Andromeda.
- The fund is classified under the EU’s Sustainable Finance Article 9.
TAKEAWAYS
- The Spanish tech ecosystem is experiencing significant growth.
- Seaya's new fund focuses on climate-tech investments.
- Article 9 classification emphasizes sustainable finance initiatives.