business
Seaya Raises 600 Million Euros For European Tech Growth Fund
Seaya raised 600 million euros for its new Seaya Nova European tech growth fund.
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 help close the funding gap for European growth-stage technology companies. Seaya Nova will invest between €20 million and €50 million per company. Other institutional investors, corporates and family offices also provided backing.
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Seaya Raises 600 Million Euros For European Tech Growth Fund
Seaya has announced the launch of Seaya Nova, a new growth fund that secured €600 million at its first close. The fund is backed by the European Investment Fund under the European Tech Champions Initiative. This EIB Group programme is specifically designed to help European tech leaders scale their operations to compete on a global level. The capital will be deployed to accelerate the growth of high-potential technology firms across Europe.