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Startup funding news 💸

• La Informacion profiled Hireflix, the new HR and hiring startup of Nacho Gonzalez Barros (Infojobs, Mailtrack). The company has raised €300,000 from various business angels, including Diego Mariño, Albert Armengol, Marek Fodor, Dani Gimenez, Jordi Romero, Bernat Farrero, David Tomas and Albert Ribera

Startup exits 🎊

• Pet-sitting powerhouse Rover acquired U.K.-based dog care company DogBuddy. Why is this here? DogBuddy merged a few years ago with Spanish startup Bibulu, and its investors were currently shareholders of DogBuddy

Investor & accelerator news 🚀

• Spanish government allocated €98.5 million to finance 500 SMEs through Enisa loans
• Crypto: Spanish financial authority criteria on ICO and STO (Security Token Offering)
• Guillem Sague (Nauta Capital): ’How we help founders protect their equity’

Startup news 💡

• Cinco Dias profiled PcComponentes, the Murcia-based computer hardware ecommerce company that expects to reach €400 million in gross sales this year
• Comparison site for insurance products iSalud and online savings service Kelisto signed a partnership to cross-sell to each other’s customers
• French lending platform Lendix (October) to continue its agressive expansion in Spain after recently raising €32 million. The company expected to reach €10 million in money lent through its platform in 2017
• eCooltra to launch its motosharing service in Valencia

Big company news 🏦

• IBM announced this week the acquisition of open source company Red Hat. La Informacion looked at the business activity of the latter in Spain, with €22 million in revenues in 2017
• Juan Roig, president of Mercadona, gave its annual speech to shareholders. This year, he claimed that he believes Mercadona Online can be a profitable company and that he was wrong when he said he did not believe it was possible
• Telefonica published its earnings report for the last quarter. The company’s business is growing in Spain but suffering overseas. Revenues are down, but net profit is up year-on-year
• Caixabank continues with its ambition to build products and services that cater to startups in Spain and Portugal. One of the main examples is DayOne. Kippel01 has an overview of the company’s plans
• Francisco Román to leave its role as president of Vodafone on December 31st. He’s been at the telco company for more than 15 years
• Virgin continues to look for public funding in Spain to start its development and testing centre in Andalusia for its version of the hyperloop train

Tech and policy 💂🏼

• La Informacion looked at the efforts made by the Spanish tax office to force tech giants to pay more taxes in Spain. So far, it has forced IBM to pay €4.2 million and Amazon and Apple €20.6 million, respectively

Interesting reads 🤓

• Kippel01 wrote about changes happening in the car industry, following conversations with SEAT, consulting firm Roca Salvatella and startup Carnovo
• El Confidencial wrote a profile of Spaniard engineer and researcher Raul Mur, who works at Facebook’s Reality Labs in the field of AR and mixed reality
• Africa Sanchez (Mr Jeff): ’How we manage to sell more than 700 franchises in less than 9 months: Talent acquisition’

Podcasts of the week 🎧

• K Fund interviewed Jorge Gomez Sancha, Chief Developtment Officer at Carto
• En Digital interviewed Juan Manuel Estevez, CEO of Gesio