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OnTruck raised €25m Series B. Inveready is preparing a €25m biotech fund for biotech companies. Telefonica relaunches Fotolog.

July 7, 2019 • Issue #117

360 Talent es la primera consultora de RRHH de España, que desde el año 2013 cuenta con una división especializada en startups. Somos expertos en procesos de selección en el área IT (fullstack, back-end, front-end, mobile, DevOps…), online marketing, operaciones, ventas, logística, finanzas, así como todas las posiciones C-Level. Nuestro objetivo es seguir creciendo con tu empresa! ¿Hablamos?

Startup funding news 💸

  • Madrid-based OnTruck picked up €25 million Series B for its haulage tech platform. La Informacion has more info about the deal and the company’s business
  • Barcelona-based AI startup scored €1.7 million in Horizon 2020 EU funding
  • Location sharing platform Wave raised €1 million on Crowdcube
  • Fintech startup Goin raised €625,000 from K Fund, Angel Club and Encomenda
  • Adtech company Frontity (Worona) raised €400,000 from K Fund, Diego Mariño, Walter Kobylanski and José María Torroja

M&A activity 🎊

  • Tiendeo acquired French startup Pubeco, which will help the Barcelona-based company establish its position as the main player in its market in France
  • Moddo (Modalia) acquired El Armario de la Tele and plans to relaunch the fashion marketplace in the next few months

Investor & accelerator news 🚀

  • VC firm Inveready is preparing a new €25 million fund to invest in biotech companies
  • PayPal acquired German startup Jetlore. Spanish VC firms Kibo Ventures and JME were investors in the company
  • The Hop is a new startup accelerator from Estrella Galicia
  • La Salle Technova to launch an accelerator program focused on the logistics sector

Startup news 💡

  • Kippel01 talked to Coverfy CEO Vicente Arias about the company’s strategy and its M&A plans going forward, following the acquisition of SegurosBroker
  • Bbuoh is one of the first scooter platforms to launch in Spain. El Confidencial wrote about the company’s plans and the legislation hurdles it faces in several Spanish cities
  • Fintonic and BBVA signed a business agreement that will the latter provide consumer loans through the fintech startup
  • El Periodico profiled advertising startup Adsmurai. The company expects to reach €40 million in sales this year
  • Money saving app Saveboost to shut down, as the company was not able to raise additional funding to continue operating
  • Interview with Oscar Pierre, CEO of Glovo, to talk about fundraising and regulation
  • Fighting food waste: a Barcelona startup that sees the beauty in imperfect food
  • Mi Legado Digital to manage a living will and testament on the blockchain

Big company news 🏦

  • Mariangela Marseglia was named Amazon’s new director in Spain and Portugal. The Italian executive was previously the head of Prime Now in Europe
  • Telefonica relaunched Fotolog, the once famous photo sharing social network
  • Expansion interviewed Luis Maroto, CEO of travel company Amadeus, one of the larger technology companies to have come out of Spain
  • Xataka profiled Mar Gonzalez, who works at Microsoft in the company’s VR and HoloLens department
  • Deloitte to open a robotics centre in Madrid, its first in the country and fifth in the world
  • Argentine technology company Satellogic will create 100 jobs in Barcelona by 2020
  • Nestle to move a bunch of its tech positions from Switzerland to Barcelona in the next few years

Tech and policy 💂🏼

  • New legislation unveiled that plans to tax the process of buying and selling cryptocurrencies
  • Airbnb to share listing data with Barcelona’s local government to combat illegal listings. Expansion also published an interview with the director of HomeAway in Spain to talk about regulation
  • There are a lot of motorbike sharing companies operating in Madrid, which is starting to become an issue in some neighbourhoods. El Confidencial looked into the issue
  • The topic of regulation was also the main focus of this interview with Mariano Silveyra, Cabify’s director for Spain

Interesting reads 🤓

  • Rodrigo Martínez (Point Nine Capital): ’14 lessons learned investing in B2B Hardware-as-a-Service startups
  • Àlex Rodríguez Bacardit (MarsBased): ’We shot for the stars and we landed on Mars (lessons learnt in our fourth year)
  • Jorge Gómez Sancha (Carto): ’What I’ve learnt about Sponsored Features in Product Management
  • El Periodico interviewed Carlos Domingo ( and CEO of Securitize) to talk all things crypto and blockchain
  • Interesting tweetstorm from Juan Macias (Qashops) about lessons learned building and scaling B2B SaaS startups

Podcasts of the week 🎧

  • Vostok6 interviewed Sofia Benjumea, head of Google Campus
  • Codeontherocks interviewed Analía Plaza and anonymous Twitter account @unicornioenparo
  • En.Digital interviewed Arturo Castello, CEO of Dreamhack and Encom to talk eSports
  • MasQueStartups interviewed Raul Jimenez, CEO of Minube
  • Itnig interviewed Jesus Monleon (Offerum, Seedrocket)