eSports team raised €3m. Woom raised €2m. Microverse’s ISA methodology.
May 25, 2020 • Issue #218
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Startup funding news 💸
- Malaga-based eSports team Giants Gaming raised €3 million
- Madrid-based WOOM lands €2 million to boost its femtech health solutions, led by BrightCap Ventures
- Madrid-based Erudit.ai raised €600,000 from DraperB1 and Encomenda Smart Capital
- Barcelona-based home and office security startup Akiles raised €600,000 from Meridia Capital
- Security startup Datos101 raised €300,000 from Bewater Funds and Faraday
- Boat travel startup Sailwiz raised €155,000
Investor & accelerator news 🚀
- Bilbao-based VC All Iron Ventures participated in the $2.8 million round of Brazilian startup Zenklub
- Aquilino Peña of Kibo Ventures is the new president of ASCRI
- Telefonica announced a new initiative of its Open Future program in Ceuta
- Samuel Gil of JME published 'Playing with LTV/CAC' in his weekly Suma Positiva newsletter
Startup news 💡
Google for Startups announced a series of initiatives to support startups that have been affected by the crisis, including Startup School:Restart, a series of tested and targeted Google trainings on diverse tech-related topics.
- Google also recently unveiled #SeguimosEmprendiendo, a series of video stories from startups in their community that had to redefine their businesses and launched support initiatives due to the COVID19 crisis. First 2 videos featuring Adopta un Abuelo and IDOVEN are out.
- Cabify says that it posted a net profit of €2.7m in the first six months of 2019
- Xataka published an in-depth profile of Microverse, the edtech startup that doesn't charge any money to students. The company instead operates under an income share agreement program, which means that sudents pay 15% of their salaries to Microverse
- La Informacion continued its coverage of the Scytl liquidation by looking at the €25m the company owes to Spanish government and public entities
- Vepee, the French company that acquired Privalia, said that Spanish revenues reached €433m in 2020 and expects growth to continue in 2020 despite covid-19
- Blockchain powered community management platform Aragon introduced Aragon Agreements
- El Referente profiled pricing intelligence startup Optimus Price. CEO Carlos Fellonosa talks in the article about how the company has actually grown during the current crisis
- B2B marketing consultancy agency Ivicuo published two articles comparing various features of Hubspot and Pardot, lead scoring and email marketing
- Expansion profiled fashion and ecommerce brand Stay Huble Or Not, which produces clothes using old fishing nets
- CARTO wrote a coupleof interesting articles about indoor mapping and software: 'Why precision matters in indoor mapping software' and 'Workplace social distancing with indoor mapping software'
- Startup profiles: Cobee
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Big company news 🏦
- Most Spanish telcos are promoting remote work until at least the end of August
- The first wave of Uber layoffs did not affect its Spanish office, but it seems as if the second round of layoffs will indeed affect operations in Spain
- Two months into quarantine, Spain is more digitalized than ever
- El Confidencial detailed its plans to introduce a new paid subscription model in the next few weeks
Tech and policy 💂🏼♂️
- It seems as if the Spanish government will finally adopt Apple and Google's proposed system and APIs to track covid-19 cases, starting with the Canary Islands
Interesting reads 🤓
- Expansion interviewed Iñaki Arrola (coches.com, K Fund) about the current business climate in Spain and how he believes it could affect entrepreneurship and the tech sector
- David Bonilla of Manfred published an interesting piece about remote work: 'I'm not doing remote work and most probably you aren't either'
- Mauricio Prieto, co-founder of eDreams, published 'The greatest startup accelerator? COVID-19 could trigger a wave of startup expansion'
- Javier Escribano, CPO at Ontruck, wrote 'Commitments, deadlines and plannings'
- Xataka talked to various developers and people who work remotely about tips and advice when it comes to finding remote jobs
- Consultancy firm Findasense published a report about the future of consumption and production post covid-19
- Jordi Altimira interviewed various fintech entrepreneurs and investors about the future of the local industry, featuring Kantox, Nemuru and Novicap
- En.digital interviewed Wences Garcia and Yaye Caceres of En.digital
- K Fund interviewed Jaime Bosch, CEO of Voicemod, about the world of eSports and gaming
- En.digital interviewed Ana Izquierdo of Talent Clue
- Daniel Oliver, CEO of Capital Cell, spoke about equity crowdfunding and biotech
- Jesus Perez Llano, CEO of TedCas, talked about cognitive intelligence