TravelPerk raised $44m. Samsung acquired Spanish startup Zhilabs. WeblogsSL acquired by French company.
July 7, 2019 • Issue #135
Bliss.ventures se dedica a ayudar a startups de high growth a encontrar el talento adecuado para afrontar etapas de gran crecimiento. Su enfoque es especialmente personal y artesanal, tanto de cara a los profesionales del sector como las propias startups con las que trabajan. En Bliss.ventures trabajan estrechamente con los candidatos para ayudarles a entender el camino a elegir (y evitar), ofreciendo nuevos retos en empresas con equipos y productos con los que el propio equipo de Bliss se siente identificado, principalmente en las áreas de producto, tecnología, operaciones, marketing y dirección. ¿Buscas un cambio laboral? ¿Te apasionan los retos de startups? Ponte en contacto con ellos en hello.bliss.ventures.
Startup funding news 💸
- Barcelona-based TravelPerk grabs $44 million to take its pain-free SaaS for business travel global. New investors in the new round include Sweden’s Kinnevik, Russian billionaire and DST Global founder Yuri Milner
- Sports SaaS platform Playtomic raised €3.5 million from GP Bullhound and other investors
- Dog Vivant raised €300,000 from Metxa Inversiones, Conteneo and Seed Capital Bizkaia
- Adtech startup Orbital Ads raised funding from Ethos AI
- According to Kippel01, proptech startup Housers could be looking for up to €6 million in new funding
Startup exits 🎊
- Samsung acquired Spanish network analytics startup Zhilabs to help its transition to 5G. The startup had raised funding from Bullnet Capital, which owned more than 45% of the company, and posted revenues of €4 million a year ago. Terms of the deal were not disclosed
- French media conglomerate Webedia acquired Spanish media startup Weblogs SL. Terms of the deal were undisclosed, but according to El Español it could amount to €10 million
- La Informacion looked at previous Spanish exits involving large global tech companies, such as VirusTotal, BuyVIP, Indisys or AlienVault
Investor & accelerator news 🚀
- La Informacion published an analysis of the startup investment activity by BBVA’s venture arm. The Spanish giant also announced this week a partnership with UK company and investor Anthemis to launch a fintech accelerator in London
- Expansion looked at Atresmedia’s performance as a media for equity investor, with recent exits such as Glovo, Promofarma or Wallapop
- El Referente published an in-depth list of active Spanish corporate accelerator programs
- Spanish equity crowdfunding platform Startupxplore to launch an online course to teach individuals how to invest in startups
- Galicia’s first startup accelerator in aeronautical sector to launch in November
Startup news 💡
- Barcelona-based Scytl expands to the private market with online voting solution Invote. The technology used by governments is now available to membership organizations
- Jorge Núñez of Converfit published an interesting tweetform about their latest round of funding. It can be a tedious process and take longer than expected
- Expansion published a short profile of Basque security company Countercraft and its CEO David Barroso
- ElDiario.es wrote about Revolut’s approach to finding employees in Spain: to acquire 200 clients before getting paid
- La Vanguardia profiled fashion brand Laagam. The company expects to reach €600,000 in revenues this year. It has raised funding from Cabiedes & Partners, Toubkal Partners and other investors
- Localistico and TripAdvisor join forces to help restaurant owners and hospitality brands increase foot traffic and online visibility
- Cabify hired Isaac Martín-Barbero, former president of Spanish state company Ineco. He’ll report directly to the CEO and the market and HR departments will fall under him
- RedPoints announced the hiring of Baxter Denney, former VP of marketing for EMEA at New Relic
Big company news 🏦
- Spanish supermarket chain Dia is in big trouble. What could that mean for the company’s partnership with Amazon Prime Now?
- Inditex to start selling Oysho products in Russia through Lamoda, a fashion platform owned by Rocket Internet
Tech and policy 💂🏼
- The Spanish government continues forward with its plans to implement a 3% tax that would affect tech companies with revenues higher than €750 million
Interesting reads 🤓
- El Pais interviewed Miguel Vicente, founder of Antai Venture Builder
- Ignacio Larrú (K Fund) wrote an article about how to measure user engagement and growth
- Samuel Gil (JME): ’The perfect pitch in 10 steps’
- Mauricio Prieto (eDreams): ’Activation and retention’
Podcasts of the week 🎧
- How Typeform leveraged customer success to scale to over 3 million users: an interview with customer success manager David Apple
- Itnig interviewed Laura Urquizu, CEO of RedPoints