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Latham Advises Cathay Innovation on €30 Million Series B for Embat

May 21, 2026
Madrid team represents global venture capital platform in the transaction.

Latham & Watkins has advised Cathay Innovation, a global venture capital platform, as lead investor on the €30 million Series B investment round for Embat, a Madrid-based pioneer in corporate treasury infrastructure.

The investment represents a key milestone in Cathay Innovation’s ongoing strategy to back high-growth fintech champions that are redefining the financial operating stack for global enterprises.

The Latham team was led by Madrid corporate partner José Antonio Sánchez.

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