Awaiting keywords...

Fever raised $20m. 21buttons closed a $17m Series B. Seaya Ventures announced final close of €102m fund.

July 7, 2019 • Issue #122

Ironhack, el segundo mejor bootcamp del mundo según Coursereport, suma a sus cursos de Desarrollo Web y Diseño UX/UI, un tercero de Data Analytics a partir de Octubre! Será muy práctico e ideal para gente que quiera potenciar su perfil profesional. Abrirán plazas en unos días, así que si quieres ser de los primeros en estar informado, apúntate en este Typeform.

Startup funding news 💸

  • Madrid-based Fever raised $20 million. The round was co-led by European media group Atresmedia and real estate company Labtech and with participation from existing investors Accel Partners and 14W Ventures
  • Barcelona-founded social-commerce fashion startup 21Buttons secured $17 million to expand to the US led by Idinvest Partners. The company’s existing investors, including Kibo Ventures, Breega, Samaipata, JME VC, 360 Capital Partners, and Sabadell VC
  • Madrid-based neobank Bnext raised €1.5 million from Founders Future, Pipeline Capital Partners and Andreas Mihalovits
  • Madrid-based CASE on IT closed a Series B round to expand MedUX telecom user experience platform. Investors include Sonae IM
  • Valencia-based transportation startup Zeleros, which aims to build a hyperloop train, raised funding from Angels Capital and other investors

M&A activity 🎊

  • vLex acquired Legal3, developers of software for law firms

Investor & accelerator news 🚀

  • Seaya Ventures announced the final closing of its second fund, totalling €102 million. El Pais interviewed Beatriz Gonzalez, founder of Seaya Ventures
  • Lourdes Alvarez of JME explained in a blog post why her firm has invested in PLD Space
  • Kippel01 interviewed Jesus Perez (Finnovating, Fintech Ventures) to talk about the potential of the blockchain and ICOs in Spain
  • Nauta Capital and Inveready amongst the firms to receive public funding from Spain’s ICO
  • La Voz de Galicia interviewed K Fund’s Ignacio Larru, ahead of the firm participating in Galician startup event NOSDay

Startup news 💡

  • Bolsamania reported that one of Housers co-founders has left the company after several unpaid invoices have been found and the company’s valuation cut from €40 million to €5 million
  • Joe Haslam and Conor O'Connor, co-founders of Spanish startup Hot Hotels, are raising up to €19 million in an initial coin offering ahead of the launch next month of Local Token Exchange (LTE), a decentralised cryptocurrency exchange
  • Edtech startup Iron Hack continues its international expansion, with two programs in Amsterdam and Sao Paulo, as well as a new Data Analytics program
  • Pablo Viguera, former director of Revolut in Spain, joined mobile payments startup Verse as COO
  • Kasaz wants to make it less painful to buy or sell a home in Spain
  • Bolsamania interviewed Unai Asenjo, co-founder of Indexa Capital
  • GuruWalk’s entertaining walking tours provide enthusiastic guides chance at decent living
  • Startup profiles: DiHola (contact management), eMonte (agritech)

Big company news 🏦

  • Gianpaolo Santorsola named managing director of Schibsted in Spain
  • Hardware maker Ericsson spent more than €31 million last year in redundancy schemes. The company has laid off more than 1,500 workers in Spain in the past 10 years

Tech and policy 💂🏼

  • Deliveroo to face a €1.3 million penalty in Spain following a labour inspection. The fine is associated to the debate of whether Deliveroo’s riders should be considered as employees of the company or contractors
  • The Spanish government wants to go ahead with previously proposed taxes on tech companies. Crazy
  • A Spanish judge has ruled that mytaxi’s strong discounts of up to 50% are legal. The same judge considers the company a platform and not a transportation services company
  • Novobrief interviewed the mayor of Malaga to talk about innovation: “We have to build the brand of Malaga Valley”
  • Kippel01 interviewed Cabify’s Spanish director Mariano Silveyra to talk about the proposed legislation in Barcelona to limit the activity of Cabify and Uber in the city

Interesting reads 🤓

  • David Bonilla (Manfred) talked to La Informacion about engineer salaries and other labour trends in Spain. Interesting data and insights
  • Ignacio Arriaga (Acumbamail): ’More CEOs with a technical background, please
  • Javier Santana (former Carto CTO, now at BBVA) was interviewed: ‘The agricultural sector is a great field to apply technology’

Podcasts of the week 🎧

  • Vostok 6 interviewed Carina Szpilka (K Fund)
  • Itnig interviewed Emilia Vila, co-founder and CEO of agritech startup Agroptima