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Cooltra raises €5m. BBVA leads $206m round in Atom Bank and also invests in solarisBank. Scytl has a new CEO.

July 7, 2019 • Issue #105

Findasense es una compañía global de customer experience con capacidades de consultoría de innovación, factoría de experiencias e integradora tecnológica, cuya misión es innovar y transformar la manera en que las empresas se relacionan con las personas.

Startup funding news 💸

  • Cooltra raised €5 million from Suma Capital to continue the expansion of its motorcycle sharing program
  • Health startup mediQuo raised €3 million from various investors
  • Ecommerce startup Miller and Marc raised €200,000

Investor & accelerator news 🚀

  • UK’s Atom Bank raises another $206 million led by BBVA for millennial and SMB financial services
  • Banking platform solarisBank closes €56.6 million Series B from BBVA, Visa, Lakestar, and others
  • Interview with François Derbaix, business angel and CEO of Indexa Capital
  • What K Fund looks for in machine learning and artificial intelligence startups

Startup news 💡

  • Barcelona-based Scytl has a new CEO, Holger Taubmann, as Pere Valles moves to the role of president
  • La Información looked at Spotahome’s cap table and discovered that BBVA former president Francisco Gonzalez is also an investor in the company
  • Interesting profile of MrJeff, the on-demand laundry service that is aggressively expanding in Latam
  • Wallapop and Ironhack announced €400,000 women’s scholarship 2nd edition
  • OnTruck has launched in the UK, the first country in its international expansion plans
  • Glovo continues its Latam expansion with the launch of operations in Sao Paulo and Rio de Janeiro. The company is also increasingly onboarding ecommerce and fashion companies onto its platform and also looking to raise more funding
  • Money transfer startup Verse has a new CFO, as the company continues to change its management after ousting its original founding team
  • Mobile services marketplace Heygo filed for insolvency
  • Money saving app Saveboost is looking for €500,000 to expand throughout Europe
  • Spanish startup ODILO and Ingram Library Services signed an agreement that will increase public libraries’ access to multilingual digital content
  • El Confidencial published a profile of hardware company Blusens and the up and downs over the years of its founder and CEO Jose Ramon Garcia

Big company news 🏢

  • Uber to resume operations in Barcelona
  • Ikea and Vibbo (Schibsted) to launch a mobile marketplace to allow consumers to buy and sell second hand products from the Swedish company
  • eDreams has decided not to open its doors to new investors or to look to sell the company. The company’s stock dropped by 30% after the news were announced
  • Amazon says that if workers in its San Fernando de Henares office go on strike, it will rely on other European distribution centers
  • Gaming studio Gameloft to close its Madrid office
  • El Español interviewed Jacinto Roca, CEO of Rakuten TV (Wuaki) about the company’s current status and the impact of Netflix in their business

Tech and policy 💂🏼

  • More details have emerged about Spain’s planned sandbox to allow fintech startups to launch and try things faster
  • Glovo and Uber Eats will start charging a small fee to its riders to try to avoid labour inspections from the Spanish government
  • Short term rental platforms that operate in Spain must provide details of their activity and hosts to the tax office before November
  • How taxi drivers in the Balearic islands want to compete with Uber and Cabify

Interesting reads 🤓

  • March 8th was Women’s International Day: El Confidencial published a piece about working conditions for women in the tech sector
  • Interview with Helena Torras, CEO & Co-Founder at B-wom: “The future is digital. And the future is female
  • Futurizable interviewed Daniel Lopez, CEO of Bitnami, about remote work
  • Carlos Trenchs (Caixabank): ’Corporates and Venture Capital: a needed relationship

Podcasts of the week 🎧

  • MasQueStartups interviewed Alex Bryszkowski, CEO of Vozelia