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OfferUp buys letgo's business in the US. Fluzo raised €1.25m.

April 13, 2020 • Issue #212

En las últimas semanas hemos visto como empresas que no están acostumbradas al trabajo en remoto se ven forzadas a adoptarlo de repente. Y hemos visto también como, en tiempos de crisis, continúan los ataques a sistemas informáticos de empresas (e incluso hospitales).

Para evitar sustos y problemas mayores, es importante seguir las recomendaciones de seguridad. Pero a veces eso no es suficiente.

Si quieres añadir una capa de seguridad a tus sistemas y poder descansar (en casa) tranquilo, te recomendamos que le eches un vistazo a los diferentes productos que Datos101 ofrece.

Datos101 aboga por la copia de seguridad como el sistema más esencial y eficaz para proteger tus datos en caso de ataque. Y además, y para que pruebes el servicio sin ningún compromiso, Datos101 te regala un mes gratis.

Ya sabes lo que dice el refrán, es mejor prevenir que curar. Prueba Datos101.

Startup funding news 💸

  • Madrid-based Fluzo raised €1.25 million for “audio fingerprinting” technology for market research firms. The round was led by Adara Ventures and Sabadell Venture Capital
  • Valencia-based Fivecomm, provider of 5G solutions for the industrial sector, raised €450,000 from GoHub Ventures

M&A activity 🎊

  • OfferUp, a US-based company similar to letgo and Wallapop, announced a few days ago the acquisition of letgo. Letgo, owned by OLX, is a Barcelona-based mobile marketplace of goods. According to LinkedIn, letgo still has more than 200 employees in Barcelona as of today. Terms of the deal were not disclosed, but it seems as if what OfferUp is acquiring is letgo's business in the US, while OLX remains the owner and operator of letgo's operations globally.

Investor & accelerator news 🚀

  • Myriam Barnes of K Fund published a simple and useful way to help entrepreneurs know what investors have been active in specific sectors and regions in the past few years
  • Carmen Afonso of Samaipata was interviewed by El Pais about the firm's investment strategy and inclusion and diversity in the sector
  • TrenLab, Renfe's accelerator, announced the name of the four startups that will participate in its newest batch: Addvance, Alteria, Sigmarail and Motion Tag

Startup news 💡

  • Sponsored
  • In times like these, it's very important to keep your systems and information secure. Cloud backups are one of the better alternatives to increase security. If you want to give it a try, take a look at what Datos101 has to offer, including a 30-day free trial.
  • Closca, the hardware company behind lifestyle products such as helmets and water bottles, started selling face masks
  • A Coruña-based Arengu published an article explaining their story and vision: 'Arengu, the brain behind your sign-up forms'
  • Cabify launched Envios, a delivery service to take advantage of Cabify's cars and drivers to deliver goods
  • Agustin Gomez, co-founder and former CEO of Wallapop, unveiled, an initiative to connect people who need help in their daily lives with others that can provide such help
  • Design and product studio Mendel Saltaren also announced, a project to connect Spanish neighborhoods and promote collaboration between its citizens
  • The Generalitat of Catalunya launched a Whatsapp chatbot to provide help to citizens. The company powering the chatbot is Barcelona-based Hubtype
  • How three Spanish startup superstars are preparing for an afterlife, post Corona: Glovo, Cabify and Badi
  • Startup Valencia launched an initiative called to provide help and mentoring sessions to startups
  • El Confidencial profiled Wellis, an air disinfection device created by a Barcelona-based company that several hospitals in the Chinese area of Wuhan are using to combat covid-19
  • Startup profiles: Smartwood, Orbital Eos, BooBoo

Big company news 🏦

  • La Informacion investigated what's been going on at Amazon's distribution centre in Madrid, as several workers tested positive for covid-19. Amazon, as many other ecommerce companies, continue to operate
  • AliExpress to stop charging businesses who operate in its marketplace. AliExpress usually charges a fee of between 5% to 8%

Interesting reads 🤓

  • This was a great article in El Confidencial: 'The incredible story of five friends that brought to Spain robots to test for covid-19'
  • Jesus Martinez of La Informacion talked to Iñaki Arrola, Luis Cabiedes, David Bonilla, Iñaki Berenguer, Aquilino Peña and others about the current state of the market and what could be coming in the next few months
  • In a different interview in La Vanguardia, Miguel Vicente (Antai) requests specific measures from the government to help startups
  • Iñaki Berenguer published an op-ed: 'Will tech startups survive?'
  • A similar article to the two aforementioned was published in European publication Sifted: 'Southern European governments must act now to save startups'
  • Emprendedores profiled Javier Andres, co-founder and former CEO of Ticketea, sold to Eventbrite in April 2018
  • Avi Meir, co-founder and CEO of Travelperk, published 'How startups should navigate the business travel shutdown'
  • Lessons learned by Tomas Santoro, CEO of SumaCRM, about working remotely after five years doing so

Podcasts 🎧

  • Javier Escribano (co-founder and CPO of Ontruck) talked about the story of Ontruck
  • K Fund interviewed Ivan Ramirez, co-founder and CEO of Netrivals
  • Marketing4Ecommerce interviewed PcComponentes, Mascoteros and Vtex about covid-19's impact in ecommerce
  • Itnig interviewed entrepreneur and investor Didac Lee
  • Soluble Studio interviewed me in their podcast