Seaya Andromeda: Pioneering Climate-Tech Fund in Southern Europe
July 3, 2024, 3:34 am
Location: United States, California, Imperial
Employees: 11-50
Founded date: 2019
Total raised: $28.19M
Seaya, a Madrid-based investment firm, has made waves by closing Seaya Andromeda, the first Article 9 climate-tech fund in Southern Europe, at a staggering €300 million. This fund, backed by LPs such as Iberdrola, Nortia, and Santander, marks a significant milestone in the realm of impact-driven investments.
With a focus on energy transition, decarbonization, sustainable food value chains, and circular economy, Seaya Andromeda is dedicated to supporting companies that are committed to building a sustainable society by reducing waste and pollution. By adhering to SFDR's Article 9, the fund ensures that every investment it makes has a positive impact on society and the environment.
Seaya has wasted no time in deploying capital from the fund, already making five investments in impactful technology companies. From Recycleye, an AI-driven waste sorting robot, to 011h, an eco-friendly construction firm that slashes CO2 emissions on building sites, Seaya Andromeda is making its mark in the climate-tech space.
Led by Beatriz González, a trailblazing female founder in the venture capital world, Seaya brings over a decade of experience in climate tech to the table. González's vision for Seaya Andromeda is clear: to provide founders with the knowledge and expertise needed to navigate the complexities of the climate-tech landscape.
Pablo Pedrejón and Carlos Fisch, as Investment Partners, are at the helm of Andromeda, steering the fund towards its four key investment verticals: energy transition, decarbonization, sustainable food value chains, and circular economy. Pedrejón emphasizes the unique challenges faced by deep-tech climate entrepreneurs, highlighting the need for specialized support to bridge the gap from development to scale.
Seaya's commitment to backing impactful climate-tech companies is evident in its track record of successful exits, including Wallbox, RatedPower, and Ecoalf. With a plan to make 25 investments by 2027, Seaya Andromeda is poised to make a lasting impact on the climate-tech ecosystem, ushering in a new era of sustainable innovation in Southern Europe.
With a focus on energy transition, decarbonization, sustainable food value chains, and circular economy, Seaya Andromeda is dedicated to supporting companies that are committed to building a sustainable society by reducing waste and pollution. By adhering to SFDR's Article 9, the fund ensures that every investment it makes has a positive impact on society and the environment.
Seaya has wasted no time in deploying capital from the fund, already making five investments in impactful technology companies. From Recycleye, an AI-driven waste sorting robot, to 011h, an eco-friendly construction firm that slashes CO2 emissions on building sites, Seaya Andromeda is making its mark in the climate-tech space.
Led by Beatriz González, a trailblazing female founder in the venture capital world, Seaya brings over a decade of experience in climate tech to the table. González's vision for Seaya Andromeda is clear: to provide founders with the knowledge and expertise needed to navigate the complexities of the climate-tech landscape.
Pablo Pedrejón and Carlos Fisch, as Investment Partners, are at the helm of Andromeda, steering the fund towards its four key investment verticals: energy transition, decarbonization, sustainable food value chains, and circular economy. Pedrejón emphasizes the unique challenges faced by deep-tech climate entrepreneurs, highlighting the need for specialized support to bridge the gap from development to scale.
Seaya's commitment to backing impactful climate-tech companies is evident in its track record of successful exits, including Wallbox, RatedPower, and Ecoalf. With a plan to make 25 investments by 2027, Seaya Andromeda is poised to make a lasting impact on the climate-tech ecosystem, ushering in a new era of sustainable innovation in Southern Europe.