The financial services provider will look to invest in seed-stage companies developing disruptive technologies with long development time frames.

Spain-based financial services firm La Caixa has launched a seed-stage venture capital fund called Caixa Innvierte Start that will be equipped with an initial €20m ($22m).

Caixa Innvierte Start will be overseen by La Caixa’s VC management firm, Caixa Capital Risc, but the initial capital could be topped up by external investments from the private or public sector.

The fund will target seed-stage companies working on disruptive scientific technologies that will need lengthy development before they get to market. Startups…

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