Startup funding news

• Madrid-based Logtrust secures $11 million from Kibo Ventures and other investors for real-time big data-in-motion analytics
• Madrid and Valencia-based on-demand laundry startup Mr Jeff raised €2 million from business angels
• Barcelona-based RocketROI raised €2 million. ADTZ, which had invested €1 million in the company a year ago, has sold its stake in the startup
• Barcelona-based Chopit raised €300,000 from business angels
• Murcia-based foodtech startup NIWA raised €230,000
• Zaragoza’s startup Mentalpage raised €140,000
• Madrid-based edtech startup Kuaderno raised capital from Cabiedes & Partners and Fides
• GMV invested in Spanish satellite startup PLD Space

Investor & accelerator news

• Spanish investment activity in 2016
• The 17 investments made by Inveready in 2016
• Sitka Capital completed 6 investments last year
• Startups can now apply to Conector’s new accelerator program in Barcelona. Same applies to Bankia Accelerator by Conector
• Axon Partners Group invested in Latam company ‘Renueva tu closet’
• Caixa Capital Risk backed 90 companies in 2016
• Brinc and Incubio announce semi-finalists for Reimagine Drone Incubator
• The story of Demium startups
• Interview with Adara Ventures MP Nicolas Goulet: “Spain is great for deep tech innovation”

Startup news

• Cabify’s Spanish subsidiary had revenues of €5.4 million in 2015. The company increased its car fleet by 300% in 2016
• Wallapop’s goal for 2016: to become profitable. The company Wallapop launched its first vertical, aimed at buyers and sellers of used cars in the platform
• Hawkers diversifies, adds watches to its collection of products
• Chicfy had to cancel its plans to increase fees due to user backlash
• How Barcelona-based AI startup Wide Eyes powers Massimo Dutti’s recommendation engine
• Interview with SamyRoad’s co-founder Patricia Ratia (fashion tech)
• Tradeinn closed 2016 with €75 million in sales
• Eelp! is the first startup to come out of Nuclio Venture Builder
• ExoClick goes full programmatic with RTB
• Interesting overview by El Referente of Spain’s insurtech ecosystem
• Audio interview with Miguel Caballero (Tutellus)
• WeblogsSL implements HTTPS across its publications
• Interview with Pepe Agell, of Chartboost

Big company news

• Should Francisco González lead the digital transformation of BBVA?
• What’s up with Pepephone’s Latam expansion?
• Telefonica and Indra are the favourite companies of the Spanish state to win public contracts
• Current Spanish laws won’t allow Lidl or Carrefour to get rid of paper tickets
• Telefonica’s price increase could be a consequence of overpaying for football TV rights

Interesting reads

• Hemerotek is back
• Spanish millennials make fewer online purchases than their European counterparts
• CadenaSer wrote about the new type of jobs powered by on-demand startups: freelancers on bikes for €4.25/hour
• Mar González Franco, the 31 year old Spaniard that powers Microsoft’s Hololens project
• Samaipata Ventures: How to build a Seed to Series A business plan for your disruptive e-commerce
• Spaniards still buy very few groceries online
• David Bonilla wrote about Spanish media and content quality, in regards to coverage of tech topics: El Medio y el Fin