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EA Ventures announces €20M fund in partnership with Plug and Play

Mar 28, 2025about 1 year ago

Contract Type

partnership

MadridFinancial ServicesFinanceVenture CapitalAngel InvestmentFintech

Description

EA Ventures, the venture capital arm of Kazakhstan’s EA Group Holding, has announced a new €20M fund in partnership with Plug and Play. The fund, based in Madrid, aims to provide backing to early-stage startups across Europe, with a particular focus on AI, enterprise solutions, fintech, sustainability, mobility and e-commerce.

Company Information

Company

EA Ventures

Location

Madrid, Community Of Madrid, Spain

About

EA Ventures is the venture capital arm of Kazakhstan’s EA Group Holding. It focuses on providing backing to early-stage startups across Europe, particularly in sectors like AI, fintech, sustainability, and e-commerce. The new €20M fund aims to support 30-35 startups with a combination of financial assistance, expert mentorship, and access to a global network. The initiative marks a strategic investment in Spain's growing tech entrepreneurship landscape.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.