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Michelin acquires, changes at Telefonica and more

March 10, 2019 • Issue #47

DelSuper, la revolucionaria empresa que te hace la compra en tu supermercado favorito y te la entrega en ¡1 hora!, te propone el mejor regalo para estas Navidades: Un mes GRATIS de nutricionista online. Tras el mes de prueba, el coste del servicio es de 9,50€ al mes e incluirá los gastos de envío de todos tus pedidos. ¡Obtén tu dieta personalizada ya!

Startup funding news

  • Regalador raised €500,000 from Cabiedes & Partners and Bankinter
  • Marketplace Lemonpay raised €300,000 from business angels
  • Online invoicing company Holded raised €250,000 from business angels, including Jesus Monleon and Iñaki Ecenarro

Startup exits

  • Michelin acquired Webcapitalriesgo has more info on the deal
  • BBVA acquired Mexican payments startup Openpay

Investor & accelerator news

  • Demium and SeedRocket are partnering to launch a new accelerator/incubator program in Barcelona called ‘Demium by SeedRocket’
  • Business angels associated to IESE made 29 investments in 2016
  • Online business school IEBS announced a small fund to invest in sudents’ projects
  • K Fund launched a podcast. The first episode features Iñaki Arrola, Iñaki Ecenarro and Jaime Novoa

Startup news

  • Spanish multimedia startup Touchvie changed its name to Dive and launched a product aimed at smart tvs
  • El Confidencial profiled Valeet, an on-demand app to find parking in Madrid
  • El País profiled Reclamador
  • Chicfy’s sales in 2016 increased by 4X, to €2.1 million
  • Canada’s ZD Ventures announces new business in Spain, partners with Lupama Producciones
  • Spanish security startup Red Points signed its first clients in Japan
  • Idealista vs Fotocasa: Spain’s online classifieds’ competition heats up
  • Crafting data-driven maps: Uber explains how they use, among other mapping tools, Carto
  • Meneame has a new design

Big company news

  • Telefonica launched a new digital service: an app to stream live video. True innovation
  • Telefonica to shut down eyeOS, the startup founded by Pau Garcia Milá it acquired a couple of years ago
  • Telefonica also announced a reorg of its division of innovation. El Español has all the details
  • Debt is making life harder for Telefonica. Merca2 wonders if Pallete will be able to save the company. Also this week, Pallete announced that he’s getting rid of up to 50 political advisors Telefonica had
  • CaixaBank launched (one more) payments gateway in Spain, Addon Payments

Legal matters

  • A new report from the EU says that Spain is not a friendly place for new transportation companies, citing the cases of Uber and BlaBlaCar
  • Spain to regulate for the first time in 2017 autonomous vehicles
  • El Mundo wrote about Spain’s laws that make it harder for fintech startups to launch

Interesting reads

  • Madrid has become fertile ground for large car companies looking to try new business models and products aimed at urban populations
  • The Spanish engineer that has created a new security system for Airbus using drones
  • Juan Macías: how to evaluate an e-commerce investment
  • Itnig talks: How to create peace between the sharing economy and local governments