# Embat funding: rounds and investors

> Embat has raised $35M across 1 round since 2026. Investors include Cathay Innovation, Creandum and VentureFriends. Every round with its source.

Source: https://millionrounds.com/company/embat (Millionrounds; every figure on the page links to its filing or article)

Spain · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Embat*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Fintech

Raised 6 months ago

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Funding summary Updated 27 Oct 2026

**$35M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series B, $35M May 2026
- **Led by:** Cathay Innovation
- **Investors:** 5 (1 led)

See who backed them

## The rounds

- **May 2026** Series B **$35M** [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) Lead [Creandum](https://millionrounds.com/fund/creandum) [VentureFriends](https://millionrounds.com/fund/venturefriends) [4Founders Capital](https://millionrounds.com/fund/4founders-capital) [Samaipata](https://millionrounds.com/fund/samaipata) Reported by Ventureburn

## Everyone who backed them

[Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) VC firm **1** round, led 1

[Creandum](https://millionrounds.com/fund/creandum) VC firm **1** round

[VentureFriends](https://millionrounds.com/fund/venturefriends) VC firm **1** round

[4Founders Capital](https://millionrounds.com/fund/4founders-capital) VC firm **1** round

[Samaipata](https://millionrounds.com/fund/samaipata) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=embat).

## Also claim to have backed them

These 2 firms list Embat as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Anti Ordinary Ventures](https://millionrounds.com/fund/anti-ordinary-ventures) VC firm Per its own site

[Earth](https://millionrounds.com/fund/earth) VC firm Per its own site

## Quick answers about Embat

### Who invested in Embat?

Embat's investors include Cathay Innovation, Creandum, VentureFriends, 4Founders Capital and Samaipata. Cathay Innovation led its latest round.

### How much has Embat raised?

Embat has raised $35M across 1 round since 2026.

### When did Embat last raise?

Embat's most recent round was a Series B of $35M in May 2026, led by Cathay Innovation.

### What was Embat's biggest round?

Its most recent round, $35M in May 2026, is also its largest on record.

### Who backed Embat first?

Embat's first round on record, in May 2026, was backed by Cathay Innovation, Creandum and VentureFriends and 2 others.

### What stage is Embat at?

Embat's latest named round is a Series B, in May 2026.

### Where is Embat based?

Embat is based in Spain.

### Who led Embat's rounds?

Cathay Innovation led the Series B in 2026.

## Companies like Embat

In the same sector, and raised in the last eighteen months.

[**InspectRail** $1.7M · Oct 2026](https://millionrounds.com/company/inspectrail)[**ID Finance** $684M · Oct 2026](https://millionrounds.com/company/id-finance)[**iPronics** $137M · Sept 2026](https://millionrounds.com/company/ipronics)[**Vottun** $412K · Sept 2026](https://millionrounds.com/company/vottun)[**Heydiga** $7.6M · Sept 2026](https://millionrounds.com/company/heydiga)[**Tucuvi** $5.7M · Sept 2026](https://millionrounds.com/company/tucuvi)

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