Key Takeaways
- • Seaya, a Spanish venture capital firm backed by Banco Santander SA, is opening an office in London after raising €600 million ($637 million) for a new fund focused on European startups.
- • The new fund, Seaya Nova, will be run jointly by managing partner Vinoth Jayakumar, who joins from London, and Seaya co-founder and managing partner Beatriz González, who operates from Madrid.
- • A team of eight investors will support the fund's management across the two cities.
- • The London expansion, announced by the company in a statement on Thursday, signals Seaya's push to deepen its presence in European venture markets.
Summary
Seaya, a Spanish venture capital firm backed by Banco Santander SA, is opening an office in London following the close of a €600 million ($637 million) fund focused on European startups, according to Bloomberg. The company announced the move in a statement on Thursday.
The new vehicle, called Seaya Nova, will be managed by Vinoth Jayakumar, who joins Seaya as a managing partner in London, and Beatriz González, a Seaya co-founder and managing partner. The two will run the fund jointly from London and Madrid, supported by a team of eight investors.
The London office represents Seaya's expansion beyond its Spanish base as it deploys capital into early-stage European companies. The source material does not disclose the fund's target strategy, sector focus, or anticipated investment pace.
The new vehicle, called Seaya Nova, will be managed by Vinoth Jayakumar, who joins Seaya as a managing partner in London, and Beatriz González, a Seaya co-founder and managing partner. The two will run the fund jointly from London and Madrid, supported by a team of eight investors.
The London office represents Seaya's expansion beyond its Spanish base as it deploys capital into early-stage European companies. The source material does not disclose the fund's target strategy, sector focus, or anticipated investment pace.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.