EA Ventures, the venture capital arm of EA Group Holding, has partnered with global innovation platform Plug and Play to launch a €20 million investment fund aimed at accelerating early-stage startups across Europe. Based in Madrid, Spain, the fund is hosted by Plug and Play EMEA Fund Management Company, a regulated entity managing venture initiatives across Europe, the Middle East, and Africa.
The EA Ventures Plug and Play EMEA Fund will focus on seed-stage investments in high-impact technologies, including artificial intelligence, enterprise solutions, fintech, sustainability, mobility, and e-commerce. With ticket sizes ranging from €200,000 to €500,000, the fund aims to back 30–35 promising European startups.
“Spain is entering a new wave of tech entrepreneurship, and we see an opportunity to bring a fresh perspective rooted in global connectivity and agile capital. This partnership enables us to tap into Europe’s deep talent pool while helping founders think and grow beyond borders,” said Yerik Aubakirov, CEO of EA Group Holding.
Officially launched on March 3, 2025, the fund offers portfolio companies access to financial backing, expert mentorship, and Plug and Play’s extensive international network of corporations, investors, and advisors.
“We believe in the immense potential of the Spanish territory and aim to provide both financial and strategic support. Our goal is to connect the best founders with international hubs, enhancing their global reach and agility,” said Seena Amidi, Managing Partner EMEA at Plug and Play Tech Center.
This collaboration brings together Plug and Play’s global acceleration platform with EA Ventures’ dynamic, founder-first investment approach — with the goal of driving innovation and entrepreneurship across Europe.
About EA Ventures and EA Group Holding
EA Ventures, the venture capital arm of EA Group Holding, invests in high-potential startups in the fintech, health tech, blockchain and SaaS sectors. Since 2021, we have focused on seed and pre-Series A companies, offering investments ranging from $500,000 to $2 million. Led by an experienced team of investment professionals and entrepreneurs, the fund leverages our industry expertise to identify and support promising startups, primarily in Europe, with an emphasis on Spain. As part of EA Group Holding, EA Ventures provides portfolio companies with capital, strategic guidance, operational support and access to an international network to help drive sustainable growth and long-term success. For more information, visit eagroup.com.
About Plug and Play
Plug and Play is the leading innovation platform connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we operate in 60+ locations across five continents. We offer corporate innovation programs and support our partners through every stage of their innovation journey — from education to execution. We also run startup acceleration programs and manage over $1 billion in assets under management across our funds. Our portfolio includes hundreds of successful companies such as Dropbox, PayPal, Guardant Health, Honey, N26, Rappi, and Turing. For more information, visit https://www.plugandplaytechcenter.com.
