Embat — Seed (estimated) · €5M

Real-time corporate treasury management fintech Embat, founded by ex-J.P. Morgan bankers Antonio Berga and Carlos Serrano, raised €5M led by Samaipata with 4Founders Capital, VentureFriends and business angels, to launch new features and accelerate expansion. Treated as a pre-Series A/seed round since Embat's Series A (€15M led by Creandum) came later.