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Seaya raises €600M for new growth fund to back Europe's next global tech leaders
Seaya raises €600M for its new Seaya Nova growth fund to back European tech leaders.
Investment firm Seaya launched the Seaya Nova growth fund after raising €600 million at first close within six months. The European Investment Fund backs the fund under the European Tech Champions Initiative to address funding gaps for European growth-stage technology companies. Other institutional investors, corporates, and family offices also provided backing. Seaya Nova will invest between €20 million and €50 million per company.
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Seaya raises €600M for new growth fund to back Europe's next global tech leaders
Investment firm Seaya has announced the launch of Seaya Nova, its new growth fund, after raising €600 million at first close in just six months. The fund is backed by the European Investment Fund (EI... Investment firm Seaya has announced the launch of Seaya Nova, its new growth fund, after raising €600 million at first close in just six months. The fund is backed by the European Investment Fund (EIF) under the European Tech Champions Initiative (ETCI), the EIB Group programme created to help close the funding gap facing Europe’s growth-stage technology companies, alongside other institutional investors, corporates and family offices. Seaya Nova will invest €20 million to €50 million per….