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Eventbrite acquired Ticketea. Glovo prepares an €80m round. BBVA invests in Chinese AI investment firm. New VTC regulation.

July 7, 2019 • Issue #111

Esta semana Fruzzel estará presente en Omexpo (Madrid) en calidad de Gold Sponsor. Gestionamos campañas de marketing online para clientes en todo el mundo y campañas performance (CPL/CPA) y Media Buying (CPC/CPM) internacionalmente. Contamos con una gran experiencia en gestión de grandes marcas internacionales como Qatar Airways, FC Barcelona, 888 Holdings o Scalpers. Disponemos de plataforma propia (publishers). Más información en una reunión aquí o por email. Si aun no tienes tu entrada para Omexpo, puedes conseguirla de forma gratuita aquí.

Startup funding news 💸

  • According to La Informacion, Glovo is currently raising an €80 million round
  • Dental Residency raised €300,000 from various investors
  • Populetic raised capital from Lanta Digital Ventures
  • VozTelecom raised funding from Inveready

Startup exits 🎊

  • Eventbrite acquired Spanish ticketing platform Ticketea. Terms of the deal were not disclosed. Ticketea’s CEO Javier Andres wrote an article post-exit about with 10 tips to sell your company
  • New York’s hospitality tech leader Resy acquired Spain’s ClubKviar

Investor & accelerator news 🚀

  • Chinese VC Sinovation, co-founded by the ex-head of Google China, raised $50 million from BBVA for its $500 million AI fund
  • Santander InnoVentures makes its first investment in Brazil via digital lending platform Creditas
  • Guenia Gawendo to replace Ana Segurado as the head of Telefonica’s venture capital investment director, managing Telefonica Ventures and Amerigo
  • GP Bullhound named Miguel Kindelán as its Spanish director
  • El Pais interviewed CDTI’s China director Carlos Quintana: “I usually tell European business men that their kids will end up working for the Chinese”
  • Kippel01 interviewed The Venture City’s Andres Areitio to talk about the fund/accelerator plans. The company is considering opening an office in Mexico

Startup news 💡

  • On-demand services platform Jobin to integrate supply from Sofiasquare (edtech) and Entrenarme (fitness)
  • An analysis of Clicpiso’s tech stack that’s used to predict real estate prices
  • Startup profiles: Kiki (dating), Unnax (fintech), Bnext (fintech), Usizy (ecommerce), B-wom (health)

Big company news 🏦

  • Amazon’s workers who went on strike a few weeks ago in its San Fernando de Henares distribution center have been fired. Also last week El Español looked at Amazon’s company structure in Spain
  • Mercadona hired Juan Pablo Constanzo to lead its product design team. Constanzo previously worked at Alibaba and PayPal
  • El Corte Ingles believes that the fact that they can deliver orders in less than 30 minutes is a strong competitor advantage
  • HomeAway increased its revenues in Spain by 12.5% last year, to €18.7 million

Tech and policy 💂🏼

  • The Spanish government approved a law at the end of last week to limit the number of VTC licenses in the market, which is seen by most as a way to help the traditional taxi industry. This took place as Cabify and Uber were expecting up to 30,000 VTC licenses to hit the market
  • El Confidencial talked to the Spanish police about how they’re dealing bitcoin and cryptocurrencies: “We are not ready”

Interesting reads 🤓

  • Ignacio Larru (K Fund): ’How to design and build data products
  • Why TravelPerk sees Barcelona as an ideal base for growth
  • El País interviewed Bernardo Hernandez (idealista, Tuenti, Fever, Topics range from investing to his opinion on the current state of the Spanish tech sector
  • From UPS to Stuart: Kippel01 looks at the various players competing in the Spanish last mile delivery sector

Podcasts of the week 🎧

  • K Fund interviewed Mar Cabra (Panama Papers) to talk about data journalism
  • MasQueStartups interviewed the founders of Erasmusu (acquired by Spotahome)
  • Itnig interviewed David Baratech, co-founder and director of product at Ulabox. Itnig also interviewed Francisco Sierra, Spanish director of N26