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Colvin raises €6m. Mysphera gets €2.5m. Verse starts to monetise. ING owns 15% of Fintonic.

July 7, 2019 • Issue #134

Marmota es el colchón mejor valorado de Internet. Lo avalan cientos de happy customers que, tras haberlo probado 100 noches, en casa y en pijama (como debe ser), se lo han gritado al mundo a través de su web y perfiles de RRSS. Tres gamas de colchón para que elijas el que mejor se adapta a tus necesidades ¡Usa el código NOVO10 con tu compra para un 10% de descuento!

Startup funding news 💸

  • Barcelona-based online flower delivery startup Colvin raised €6 million from P101 and existing investors for international expansion
  • Valencia-based IoT health startup Mysphera raised €2.5 million from Sabadell Venture Capital and Swanlaab
  • Barcelona-based Marketplace as a Service startup Shopery raised €1.2 million from K Fund and Antai Venture Builder
  • Security startup Safe365 raised a round of funding from Mangrove, Tackle Capital and other investors

Investor & accelerator news 🚀

  • Kippel01 interviewed Adara Ventures’ partner Alberto Gómez. In the interview Alberto claims that Spain is fertile ground for cybersecurity startups
  • Beer brand Estrella Galicia has a startup accelerator and these are the startups that will participate in its first batch

Startup news 💡

  • How Verse plans to start monetising its user base: by mostly offering B2B services to companies. The fintech startup has raised more than €30 million in the past couple of years
  • Kippel01 talked to SocialCar’s CEO Mar Alarcón. The car sharing startup expects to reach €2 million in sales this year
  • La Informacion revealed that ING’s stake in fintech startup Fintonic amounts to 15%. The company reached €900,000 in revenue last year, and posted a loss of €7.5 million
  • Emprendedores profiled Madrid-based data operations platform Devo. The company has raised more than $71 million to date
  • Former CNN exec Klein brings news on Artificial Intelligence, named president of Barcelona-based startup Vylinx
  • El Referente interviewed Adrian Miranda, CEO of home services startup Multihelpers. The executive claims to be close to providing 10,000 services to customers in Madrid and Barcelona
  • Proptech company Clicpiso claims to have closed its first year of operations with €5 million in sales. I’d take a guess that this is some kind of gross sales figure, and not net revenue or anything close to it
  • El País interviewed Laura Urquizu, CEO of Barcelona-based startup RedPoints
  • Glovo continues its international expansion, plans to launch in Kenia soon. The last-mile delivery startup also announced this week Glovo Prime, a subscription service for consumers that for €5.99 a month will cover delivery fees
  • La Voz de Galicia profiled Coruña-based marketing automation startup Arengu

Big company news 🏦

  • Mapfre to include its insurance products and services in Amazon’s marketplace. The deal also includes the installation of Amazon lockers at Mapfre’s offices

Tech and policy 💂🏼

  • Cinco Días talked to Bernardo Hernández, Iñaki Arrola, Jesús Monleón and Laura González-Estéfani to get their opinion on the recent measures announced by the Spanish government to promote entrepreneurship. Common request from them is a better fiscal system for autónomos (freelancers) and stock options

Interesting reads 🤓

  • Carlos Fenollosa (Optimus Price): ’Barcelona has done it: it’s the tech startup of Southern Europe’ - an interesting piece looking at the evolution of the Barcelona tech ecosystem
  • Felix Lopez (Google) wrote an interesting article about employee onboarding
  • Adigital report: Spain’s lack of digitalization is stunting growth and job opportunities
  • La Voz de Galicia talked to David Bonilla (Manfred), Dani Seijo (Diario Motor, Meneame) and Juan Carlos Riveiro (Vylinx) about entrepreneurship and building startups

Podcasts of the week 🎧

  • K Fund interviewed François Derbaix, co-founder of Indexa Capital and business angel
  • Itnig interviewed Pol Karaso, co-founder of Boxmotions
  • En El Mundo Real interviewed Raquel Lainde to talk about employee experience and diversity