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Adsmurai to raise €4 million, how Karumi works and more

March 10, 2019 • Issue #48

En Adalab necesitan tu colaboración para conseguir 30 becas que permitan a 30 mujeres desempleadas o con trabajos precarios reinventarse como programadoras. Súmate a su primera campaña de crowdfunding y ayuda a luchar contra el desempleo juvenil y la brecha de género en el sector de las tecnologías digitales.

Startup funding news

  • Adsmurai to raise€4 million from Caixa Capital Risc, Axon, among others
  • Medtech startup Quibim raised €550,000

Investor & accelerator news

  • Catalunya’s ICF to invest€12 million to support entrepreneurs
  • Sony Playstation and Landazera to open small program for gaming startups in Valencia
  • Samaipata Ventures published a recap of 2016

Startup news

  • eShop Ventures is not doing very well and it seems as if can only be saved with additional funding from investors
  • El Español looked into Just Eat’s financials in Spain in 2015
  • El Español also published a profile of Jobandtalent and its tumultous 2016. The article includes interesting insights from co-founder Juan Urdiales
  • El Mundo profiled on-demand startup Mr Jeff and its CEO Eloi Gómez

Big company news

  • Merca2 looked into Telefonica’s debt levels
  • The CCAA of Andalusia and Madrid fined Telefonica for advertising things that were not true, associated to the price hike in prices of Fusion
  • Telefonica to stream eSports in Movistar+. Is it a good idea?
  • The SEC and the FBI are investigating ZED’s executives for bribery

Interesting reads

  • Madrid as a test hub for new urban transportation services
  • Spain’s SMEs exported more than €200 million in 2016 through Amazon
  • Karumi: How one of Spain’s best software development studios operates (
  • Campus Party goes into administration with more than €9 million in debt