EA Ventures
Plug and Play EMEA Fund
Plug and Play EMEA Fund
From Spain to the World:
Backing founders connected to Spain.
A €20M Seed, Pre-Seed & Pre-Series A fund.
Backing founders connected to Spain.
A €20M Seed, Pre-Seed & Pre-Series A fund.
Joint Fund of EA Ventures & global innovation platform Plug and Play
We are EA Ventures, the venture capital arm of EA Group Holding. Our journey began in 2021 with investments in Kazakhstani tech startups aimed at international growth. Today, our focus is fully on the European market, with a particular emphasis on Spain’s dynamic and fast-growing startup ecosystem.
In 2025, we partnered with global innovation platform Plug and Play to launch a €20 million fund dedicated to seed-stage startups across Europe. Targeting sectors such as AI, fintech, sustainability, and e-commerce, the fund provides not only capital but also access to world-class mentorship and Plug and Play’s powerful international network of corporations, investors, and advisors — helping founders scale breakthrough solutions that can reshape entire industries.
In 2025, we partnered with global innovation platform Plug and Play to launch a €20 million fund dedicated to seed-stage startups across Europe. Targeting sectors such as AI, fintech, sustainability, and e-commerce, the fund provides not only capital but also access to world-class mentorship and Plug and Play’s powerful international network of corporations, investors, and advisors — helping founders scale breakthrough solutions that can reshape entire industries.
About US
Investment Thesis
At EA Ventures, we back early-stage founders building scalable, high-impact solutions for the industries of tomorrow. Through our €20 million EA Ventures Plug and Play Fund, based in Madrid, we invest in visionary startups at the Pre-Seed, Seed and Pre-Series A stages — providing not only capital, but a platform for global growth.
By anchoring the fund in Madrid and partnering with Plug and Play’s global innovation platform, we give startups access to a trusted network of 600+ corporations, seasoned mentors, and top-tier investors — accelerating not just funding, but market entry and strategic growth.
Our thesis is clear: back ambitious teams early, support them relentlessly, and help them build category-defining companies that create a more resilient, intelligent, and connected future.
By anchoring the fund in Madrid and partnering with Plug and Play’s global innovation platform, we give startups access to a trusted network of 600+ corporations, seasoned mentors, and top-tier investors — accelerating not just funding, but market entry and strategic growth.
Our thesis is clear: back ambitious teams early, support them relentlessly, and help them build category-defining companies that create a more resilient, intelligent, and connected future.
OUR STRATEGY
How do we fund startups
Our focus lies at the intersection of innovation and execution. We invest in sectors where disruption is inevitable: Fintech, Mobility, Enterprise Software, Sustainability, E-commerce, and opportunistically in emerging verticals. With check sizes ranging from €200,000 to €500,000, we provide the kind of early fuel founders need to move fast, validate their model, and scale with confidence.
OUR INVESTMENT FOCUS
Check size
€200K - 500K
Industries
Fintech, Mobility, Enterprise, Sustainability,
E-commerce, Opportunistic
E-commerce, Opportunistic
Stage
Pre-Seed, Seed
& Pre-series A
& Pre-series A
Geography
Spain, Europe, LATAM
Value add beyond capital
Beyond capital, EA Ventures provides mentorship from experienced entrepreneurs and investors, access to a global network of industry experts, and strategic support in areas such as product development, marketing, and fundraising. Our partnership with Plug and Play offers portfolio companies access to their extensive resources and programs, accelerating growth and market access
VALUE ADD
Expert Mentorship
Guidance from seasoned entrepreneurs and industry leaders.
Global Network Access
Connections to investors, partners, and talent worldwide.
Plug and Play Partnership
Exclusive access to accelerator programs and corporate innovation.
A graduate of Nazarbayev University with experience in BIG-4. He started his investment career at JSC NAC "Kazatomprom," overseeing internal investments in subsidiary companies. Since 2021, he has been a part of the EA Group Holding team and, as of 2023, serves as the Head of Investment at EA Ventures. Managed the EA Ventures Central Asia Fund 1, and launched the EA Ventures Plug and Play EMEA Fund. Has a deep expertise in analyzing and sourcing deals in Fintech, AI and E-Com
Adilbek Kamiyev, Principal
A graduate of Nazarbayev University with a degree in Economics. He began his career at KPMG in the financial audit department and later served as the treasurer of the Industrial Development Fund. As an investment manager at the Qazastan Investment Corporation's Direct Investment Fund, he oversaw projects under government programs. In 2022, he joined the venture unit of EA Group Holding, responsible for evaluating and presenting projects to the company's investment committee. He brings experience in investment analysis, deal structuring, and asset management in both the public and private sectors.
Gani Kassymov, Investor
Focused on impactful growth and investment both from an operating and investing lens. The former has focused on Strategic Partnerships, Growth Management and Investor Readiness. Currently supporting founders with funds and services that are often instrumental to their scalability. Academic background in Management, Investment Management. Born and raised in Portugal, living across Europe for the better part of a decade. Particularly passionate about the ocean, its importance and its potential.
Joao Fernandes, Investor
Seena Amidi began his career at Baarzo, a startup that automated video tagging for digital content. Their innovative approach quickly caught the attention of Google, leading to Baarzo’s acquisition by the tech giant in 2014. Seena played a pivotal role in integrating the Baarzo team into the new ecosystem, ultimately helping power one of the world’s largest video platforms.
Following his time at Baarzo, Seena joined his family business, Plug and Play. Here, he continued to explore his passion for innovation and entrepreneurship. Seena helped found the New Materials & Packaging and Food & Beverage startup accelerator programs in Silicon Valley. He partnered with large Fortune 500 companies and connected them with technology startups for strategic collaborations.
After the rapid growth of Plug and Play in the Americas, EMEA, and Asia, Seena moved to Barcelona, Spain and started an MBA program at the EAE Business School. In 2020, Seena rejoined Plug and Play’s daily operations to expand and run operations in EMEA. He currently holds the position of Managing Partner EMEA.
Following his time at Baarzo, Seena joined his family business, Plug and Play. Here, he continued to explore his passion for innovation and entrepreneurship. Seena helped found the New Materials & Packaging and Food & Beverage startup accelerator programs in Silicon Valley. He partnered with large Fortune 500 companies and connected them with technology startups for strategic collaborations.
After the rapid growth of Plug and Play in the Americas, EMEA, and Asia, Seena moved to Barcelona, Spain and started an MBA program at the EAE Business School. In 2020, Seena rejoined Plug and Play’s daily operations to expand and run operations in EMEA. He currently holds the position of Managing Partner EMEA.
Seena Amidi, Managing Partner, EMEA
Luis is an investment professional at Plug and Play, leading investment opportunities in Iberia and overseeing new fund initiatives across Europe.
He was responsible for launching the EA Ventures Plug and Play Fund, a €20M VC Fund to invest in startups based in Spain and Spanish founders worldwide.
Luis has built a pipeline of investment opportunities for Plug and Play and some of its corporate partners, and has also led several B2B investments, with a particular focus on fintech, retail, and enterprise.
Luis is an engineer turned VC who aims to support the ecosystem by investing in Pre-seed to Series A startups. Prior to Plug and Play, he founded his own business in the eSports industry and was involved in the early stages of Factorial, a Spanish unicorn. Luis began his professional journey as a strategy consultant.
He was responsible for launching the EA Ventures Plug and Play Fund, a €20M VC Fund to invest in startups based in Spain and Spanish founders worldwide.
Luis has built a pipeline of investment opportunities for Plug and Play and some of its corporate partners, and has also led several B2B investments, with a particular focus on fintech, retail, and enterprise.
Luis is an engineer turned VC who aims to support the ecosystem by investing in Pre-seed to Series A startups. Prior to Plug and Play, he founded his own business in the eSports industry and was involved in the early stages of Factorial, a Spanish unicorn. Luis began his professional journey as a strategy consultant.
Luis Llorens, Principal
A strategic advisor with a unique blend of hands-on entrepreneurial experience and deep expertise in structuring, managing, and investing in startups across emerging markets.
Actively engaged as a Board Member in fintech companies, working closely with founders and executive teams to assess, manage, and mitigate risks in regulated environments. Combines international standards in deal structuring with in-depth local market knowledge to drive sustainable growth.
A serial entrepreneur with a founder-like mindset and a proven track record in business development — from concept to successful exit. Brings practical experience in technology transfer and cross-border expansion, as well as leading private and public fundraising campaigns.
Well-connected across global venture capital and investment banking networks, including the U.S., Europe, CIS, and Southeast Asia. Currently building and managing a robust deal pipeline and actively investing as an angel in early-stage ventures.
Actively engaged as a Board Member in fintech companies, working closely with founders and executive teams to assess, manage, and mitigate risks in regulated environments. Combines international standards in deal structuring with in-depth local market knowledge to drive sustainable growth.
A serial entrepreneur with a founder-like mindset and a proven track record in business development — from concept to successful exit. Brings practical experience in technology transfer and cross-border expansion, as well as leading private and public fundraising campaigns.
Well-connected across global venture capital and investment banking networks, including the U.S., Europe, CIS, and Southeast Asia. Currently building and managing a robust deal pipeline and actively investing as an angel in early-stage ventures.
Adil Nurgozhin, Adviser
Jahn Karsybaev is a former Technology Executive at Fortune 500 organizations. He is an experienced serial entrepreneur (2 exits) and angel investor. Currently, he is a Co-Founder and Managing Partner at Big Sky Capital - a $20M Fund investing in enterprise SaaS.
Jahn holds degrees from the University of Montana, NSU and Harvard Business School. He is the founder of Ivy Podcast where he interviews global executives (President of Microsoft, CEO of Deloitte).
Jahn is an experienced Board Director & Advisor, and currently serving on multiple company boards. His expertise in Technology & Fundraising has demonstrated proven track record with many global organizations.
Jahn holds degrees from the University of Montana, NSU and Harvard Business School. He is the founder of Ivy Podcast where he interviews global executives (President of Microsoft, CEO of Deloitte).
Jahn is an experienced Board Director & Advisor, and currently serving on multiple company boards. His expertise in Technology & Fundraising has demonstrated proven track record with many global organizations.
Jahn Karsybaev, Adviser
Borja Aznar is a seasoned executive with over 18 years of international experience spanning private equity, business development, distribution, and senior management. He holds a Bachelor's degree in International Business Administration, earned jointly from the University of Valencia (Spain) and the University of Oklahoma (USA), Price College of Business.
Borja serves as Managing Director at Plug and Play Tech Center, where he oversees strategic markets across the EMEA region. His role includes driving business development initiatives, managing key projects across the Mediterranean, and spearheading the company’s regional expansion by identifying new growth opportunities and strengthening Plug and Play’s presence throughout EMEA.
Borja serves as Managing Director at Plug and Play Tech Center, where he oversees strategic markets across the EMEA region. His role includes driving business development initiatives, managing key projects across the Mediterranean, and spearheading the company’s regional expansion by identifying new growth opportunities and strengthening Plug and Play’s presence throughout EMEA.
Borja Aznar, Managing Director
EA VENTURES PLUG AND PLAY EMEA FUND
Officially launched in March 2025
PORTFOLIO
EA VENTURES FUND 1
Active investment phase completed
Latest news
NEWS AND INSIGHTS
Application Process
To apply for funding, please submit your pitch deck and a brief executive summary through our online portal. Our team will review your application and contact you within two weeks to discuss next steps. We look for compelling ideas, strong teams, and scalable business models.
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Contact Details
EA Ventures - Your VC management firm
From Spain to the World: Investing in the Future of Startups
From Spain to the World: Investing in the Future of Startups
EAG Ventures EMEA, S.L. 2025 © All rights reserved
Pitch us
Contact us
You’re welcome to use this form for a range of inquiries, including:
– Questions about our investment strategy or operations
– Partnership or ecosystem collaboration opportunities
– Interest in co-investment or becoming a limited partner (LP)
– Media inquiries and interview requests
If you’re a startup looking for funding, please use the Pitch Us form instead.
– Questions about our investment strategy or operations
– Partnership or ecosystem collaboration opportunities
– Interest in co-investment or becoming a limited partner (LP)
– Media inquiries and interview requests
If you’re a startup looking for funding, please use the Pitch Us form instead.
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