AV Law has advised Cüimo, one of the leading startups in the online sale of refurbished motorcycles, on its recent investment round led by the Seaya Andromeda fund.
The transaction, amounting to nearly €8 million, marks Seaya’s entry into the company with a significant stake. Existing investors in Cüimo, such as Hugo Arévalo (The Power MBA), Encomenda, and Lukkap, also participated in the round. The deal included both a primary transaction (capital increase) and a secondary transaction (purchase of shares from existing Cüimo shareholders). Seaya was advised by Garrigues and ILV.
Founded by Jaime Álvarez, Alejandro de la Hoz, and Enrique Adrien, Cüimo has established itself in less than two years as a key player in the Spanish sustainable mobility market, reaching €1.5 million in monthly sales while maintaining a positive EBITDA from the outset.
The transaction has received wide coverage in the specialized press, with mentions in top-tier media outlets such as Expansión, El Economista, and Cinco Días, among others.
At AV Law, we are grateful for Cüimo’s trust and proud to contribute to the growth of companies that are transforming traditional industries through technology, operational efficiency, and scalable business models.
List of news articles about the transaction
- Expansión: Seaya entra en Cüimo con una inyección de 8 millones
- El Economista: Seaya toma hasta el 40% de Cüimo y se refuerza en movilidad
- Cinco Días: Seaya entra en Cuimo, dedicada a la venta online de motos reacondicionadas, con una inversión de ocho millones
- El Español: Seaya invierte 8 millones de euros en la empresa de motos de segunda mano Cuimo
- Europa Press: Seaya Andromeda entra con 8 millones en Cuimo, dedicada a la venta online de motos reacondicionadas
- Bolsamanía: Seaya Andromeda entra con 8 millones en Cuimo, dedicada a la venta online de motos reacondicionadas
- Forbes: Seaya Andromeda entra con 8 millones en Cuimo, dedicada a la venta online de motos reacondicionadas
- Capital Riesgo – Private Equity: Seaya Andromeda adquiere una participación significativa en Cuimo
- Webcapitalriesgo: Seaya toma el 40% de la startup de movilidad Cüimo (www.webcapitalriesgo.com/seaya-toma-el-40-de-la-startup-de-movilidad-cuimo-participan-encomenda-y-otros)
