Week of new funds - Seaya raises €600M for €1B fund. Enzo’s 2nd fund. Masia, BSV and GR Angel
October 26, 2026 • Issue #532

¿Está tu empresa preparada para aprovechar de verdad la IA con los datos que tiene?
Antes de invertir en IA, es importante entender qué información es fiable, qué preguntas de negocio pueden responderse con los datos disponibles y qué es necesario mejorar. En zenital llevamos años ayudando a organizaciones a ordenar sus datos. Por eso, queremos acompañar a 5 empresas en un diagnóstico de 30 días para identificar su nivel de madurez y qué cambios necesitan para alcanzar sus objetivos de negocio.
Te llevarás:
Obtén claridad desde ya: escríbenos a contact@zenital.io.
Startup funding news 💸
- €5M+ rounds:
- Linkener, a Valencia-based energy-management software startup, raised €7.5M led by Alantra’s Klima Energy Transition Fund, backed by Enagás and GoHub Ventures
- €1M to €5M rounds:
- Hawk Biosystems, a Bizkaia-based biotech developing precision cancer diagnostics, raised €3.5M led by Inveready, with the EIC Fund, the Basque Government’s Basque Fund and other investors
- Remolonas, a Valladolid-based foodtech selling surplus and imperfect food to households and businesses, raised €2.1M from Clave Capital, EONIQ and Sego Venture. Remolonas targets €3.5M in revenue by the end of 2026.
- RawData, a Barcelona-based agritech startup, raised €1M from Swanlaab. Its software helps farms manage field workers, traceability and production costs
- Other rounds of funding:
- Hausum, a Barcelona-based home-inspection company, raised over €500k from Dídac Lee, Roque Velasco and Carlos Trenchs
- Farmadosis, a Mallorca-based specialist in personalised medication dosing and pharmaceutical robotics, secured an undisclosed investment from Miura Partners. Farmadosis does around €15M in revenue
M&A activity 🎊
- Hologic agreed to acquire Reveal Genomics, a Catalan biotech behind breast-cancer genomic tests
- Namirial agreed to acquire Madrid-based ZeroComa, a specialist in electronic invoicing and notifications. The company serves 650+ clients and generated over €5M in revenue in the year to June, +30% YoY
- Secuoyas joined We Are Next Digital Partners alongside Next Digital, Wanda Media and Lean Mind
Investor & accelerator news 🚀
- Seaya reached a €600M 1st close for its €1B fund (Seaya Nova). 50% of the first close comes from the EIB’s European Tech Champions Initiative, while Santander, which owns 25% of Seaya, is also among the backers. The firm also announced that the new fund will be co-led by new hire Vinoth Jayakumar (previously at Molten in the UK) and that it’s opening a London office
- Big Sur Ventures launched its 4th fund, targeting €100M for seed-stage deeptech startups
- Enzo Ventures launched Enzo II, a €20M pre-seed fund for Southern European founders and their diaspora. Initial cheques range from €250k to €600k. Its €10M first fund backed 28 companies across Europe, including Orbio, Murphy and Complaion.
- Barcelona-based Masia closed its €18M debut fund for pre-seed and seed startups, typically investing €125k–€250k. It has backed 45+ companies and plans around 20 more investments through 2027. The firm also opened Masia House, a 1,000 sqm community hub in Gràcia.
- GR Angel, founded by Guillermo Flor and Rubén Domínguez, launched publicly after a year in stealth. Both Guillermo and Rubén have a large following on social media, and part of the pitch to founders is to get their companies in front of a big audience
- Spanish investors active abroad:
- Mouro Capital participated in the £19.5M Series A round of UK-based fintech startup Hyperlayer
- Mundi Ventures appointed Mateo Valero as senior adviser to strengthen its deeptech investment strategy. He’s the founding director of the Barcelona Supercomputing Center
- COFIDES committed €40M to UK fund Bregal Milestone III, which closed at €915M. Bregal Milestone invested €120M in Spain through its previous 2 funds
Startup news 💡
- Profile of Freepik’s transformation into Magnific AI, amid the bankruptcy proceedings of Getty Images and Shutterstock, which used to compete against Freepik’s legacy business. In this week’s itnig tertulia, Emilio Nicolas (co-founder of Magnific, which Freepik acquired) said that 80% of Magnific AI’s revenue is new business vs. 20% for the legacy stock photo, vector, etc., business. He also said that the Magnific original business (image enhancement) still does €500k in MRR.
- In the itnig podcast, Horacio Martos (former founder of SocialPoint) said that his new company, Labhouse, has reached $80M in ARR with its 2 main products and mobile apps: InvoiceFly and Summary AI
- Ecotechers published details of Factorial’s $150M Series D round led by General Catalyst. The wider transaction also included new non-dilutive financing of up to $600M via GC’s Customer Value Fund.
- Maisa announced that it has deployed hundreds of AI digital workers at Santander across its global operations, according to CEO David Villalón. More info here
- Indexa Capital launched a service allowing investors to transfer an entire fund portfolio from another provider in one request. Transfers from rivals represented 10% of inflows over the past year.
- Samuel of Quiver AI and HackSpain launched the desktop app of Reforma Digital, an open-source project for automating public-administration paperwork.
- Lookiero began a restructuring affecting around 10% of its workforce
- N26 grew its Madrid team from 50 to 138 people in a year and targets 150 by year-end. It also has 400 people in Barcelona.
Big company news 🏦
- Madrid goes robotaxi:
- Waymo announced plans to launch autonomous ride-hailing in Spain, starting in Madrid in 2027
- Bolt also selected Madrid for the 2027 launch of its European autonomous-driving programme
- Data centres:
- Google suspended plans for a large Spanish hyperscale campus, according to El Mundo
- SWI Group agreed to lease 13 MW of capacity at Templus’s Alcalá de Henares facility for Nvidia chips, in a project estimated at €500M
- Salesforce announced a $1B investment in Spain over 5 years as part of its AI expansion
- Santander and Nvidia established a 3-year AI collaboration covering specialised models, agents, fraud detection, anti-money laundering and a banking digital twin
- Permira wrote down its 21.5% stake in eDreams Odigeo by €85M, or 50%, following the company’s stock decline
- The Spanish government decided not to renew the Defence Ministry’s €19.5M contract with Palantir, its only remaining active agreement with the company. It will rely on Indra and Telefónica as an alternative

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