# Santander Asset Management

> Santander Asset Management is a VC fund backing Clean Energy. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: London, United Kingdom
- Total investments: 6
- Last investment: May 2026
- Lead investor: 17%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/santanderam/
- X (Twitter): https://twitter.com/santanderam
- Website: http://www.santanderassetmanagement.com
- Facebook: https://www.facebook.com/santanderassetmanagement.global

Santander Asset Management is a global asset management business.

## Contacts

5 contacts available for Santander Asset Management. Shizune tracks 2 team members at Santander Asset Management. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/santander-asset-management?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series B | $11M–$62M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Clean Energy | 2 | 33% |
| Renewable Energy | 2 | 33% |
| Energy | 1 | 17% |
| Software | 1 | 17% |
| Wireless | 1 | 17% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 50% |
| Seed | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Portugal | 2 | 33% |
| Italy | 1 | 17% |
| Sweden | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mehdi Kadhim | Chief Executive Officer | 0 | https://shizune.co/investors/profile/mehdi-kadhim |
| Samantha Ricciardi | Chief Executive Officer | 0 | https://shizune.co/investors/profile/samantha-ricciardi-5194 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| CorPower Ocean | CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today. | $61.7M | Series B | May 26, 2026 |  |
| CorPower Ocean | CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today. |  | Series B | Jul 07, 2025 |  |
| CorPower Ocean | CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today. | $34.7M | Series B | Oct 16, 2024 |  |
| Eneida | Eneida designs and develops smart sensors and artificial intelligence applications for resilient and agile low voltage grid. Its product called Deep Grid is a collaborative energy IoT platform for the remote and online optimization of the low voltage network.The company aims to help electric utilities to make the most of their low voltagenetwork.Eneida was founded in 2012 and is headquartered in Coimbra, Portugal. | $11.4M | Series B | Jul 05, 2024 |  |
| Tretau | TAU brings unparalleled performance, sustainability and reliability to the core of each electric motor. Focused on applications for e-mobility, automotive, energy and agriculture, TAU makes coatings more durable, resistant and light, optimizes underlying production processes for environmental friendliness, pairs artificial intelligence withpeace-of-mind operating simplicity and incubates technologies in electrification and smart sensors. | $11.9M | Series B | Jan 30, 2024 |  |
| Enline | ENLINE® is a Global Leader in Digital Twin technology for Power Grids. We are powered by people and proven technology and we are constantly innovating to simplify the complex at unparalleled speed and scale. Our speed of innovation, vertical expertise and global presence reflects our commitment to ensuring the best profitability and results.Developing and providing IIoT technology to customers around the world in main sectors, including TSO/DSO, Power Generation, Industry, Mining, and Insurance.Our exclusive technology allows the creation and operation of Digital Twins of assets, with a broad knowledge of the electrical, mechanical and thermal behavior in each asset of a power system, without the need to install sensors or hardware, being installed in a few days in a totally 100% remote and at an extremely competitive cost. We have customers on 5 continents, from energy generation, transmission and distribution companies, to industrial and mining companies, banks, and international insurance companies. We have offices in Portugal, Germany, Brazil and Peru, and representatives in over 25 countries. | $3.8M | Seed | Jan 17, 2024 |  |

6 of 6 investments shown.

## Co-investors
- [EIT InnoEnergy](https://shizune.co/investors/profile/kic-innoenergy) — VC Fund, 6 deals together
- [NordicNinja VC](https://shizune.co/investors/profile/nordicninja-vc) — VC Fund, 6 deals together
- [Cisco Investments](https://shizune.co/investors/profile/cisco-investments) — VC Fund, 3 deals together
- [Iberis Capital](https://shizune.co/investors/profile/iberis-capital) — VC Fund, 3 deals together
- [SEB Greentech Venture Capital](https://shizune.co/investors/profile/seb-greentech-venture-capital) — VC Fund, 3 deals together
- [Acario](https://shizune.co/investors/profile/acario-innovation) — VC Fund, 2 deals together

## Similar investors

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### Similar stage
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### Similar country
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## Featured in investor lists
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## FAQ

### What does Santander Asset Management invest in?

Santander Asset Management invests primarily in Clean Energy, Renewable Energy and Energy startups, most often at Series B and Seed stage. Most of the 6 investments tracked by Shizune back companies in Portugal. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Santander Asset Management's check size?

Santander Asset Management typically joins rounds of $11M–$62M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Santander Asset Management participates in.

### How do I contact Santander Asset Management?

Public channels for Santander Asset Management include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Santander Asset Management?

The team at Santander Asset Management includes Mehdi Kadhim (Chief Executive Officer) and Samantha Ricciardi (Chief Executive Officer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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