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Digital Origin to raise €150m. Wallapop's valuation has dropped. And lots of funding rounds.

June 22, 2019 • Issue #54

Startup funding news

  • Barcelona and SF-based Machine learning startup Vilynx raised funding from Kibo Ventures
  • Digital Origin to raise €150 million in fresh funding, according to El Español
  • Audiense raises $4.7million in Investment from Mel Morris
  • MyTripCar, the transparent comparison site for car rental, secured €1.2 million in funding
  • Why JME has invested in Jetlore
  • Apartum closed a €2 million round led by Kibo Ventures
  • Ec2ec raised €1 million to start its international expansion
  • Payments startup Mr Noow, formerly known as Tabletech, raised€500,000
  • Social media analytics company Tweet Binder raised €239,000
  • Sefici raised €200,000
  • Playspace closed a media for equity agreement with Ad4Ventures
  • Lavinia has invested in Spanish startup Tviso

Startup M&A activity

  • Wilmington Capital controls 10% of MasMovil
  • ABB acquired Spanish company Nube3d
  • Mobusi acquired mobile gaming developer Lab Cave

Investor & accelerator news

  • Atomico announced a new €765 million fund, says it’s actively looking at Spanish startups
  • Emprendedores interviewed Kibo Ventures’ GPs Aquilino Peña and Javier Torremocha
  • How K Fund wants to help startups recruit better with the help of a full time recruiter
  • Karel Escobar reflects on the last 3 years running Tetuan Valley
  • Banco Santander invests in artificial intelligence startups
  • Interview with former BBVA CEO Angel Cano, who’s become an active business angel after leaving the bank

Startup news

  • Wallapop’s valuation has dropped, to €400 million
  • E-commerce company TradeInn reaches €75 million in sales, with positive EBITDA and no external capital
  • Promofarma closed 2016 with €15 million in sales
  • Mailtrack’s double check is now available on Google’s Inbox
  • Traity presents Kevin, a chatbot that insures the things you buy through Craigslist
  • CorreYVuela is a Spanish chatbot to buy plane tickets on messaging apps
  • Loogic profiled security startup Legalpin
  • Groupalia’s providers claim that the company is not paying them
  • Interview with Cabify’s CEO Juan de Antonio
  • Interview with Wave’s co-founder Manuel de la Esperanza
  • Interview with Eleven Paths’ (Telefonica) CEO Pedro Pablo Perez about AI

Big company news

  • Amazon’s new logistics hub in Catalunya to create 1,500 jobs
  • Axel Springer to surrender to Spain’s Cedro and will probably start paying the shameful ‘Canon AEDE’
  • Criteo to open a new office in Barcelona and hire 250 people

Policiy and technology

  • Spain’s Hacienda fines Spotify with €125,000
  • Madrid’s judicial authorities say that UberPOP is (was) a transportation company

Interesting reads

  • Roger Yee: Spanish entrepreneurs should focus on Europe, not the US
  • Itnig: What app to build in 2017? Native, Hybrid or Progressive Web Apps?
  • Alberto Barreiro (Prisa): The next steps in media and digital transformation


  • Fran Carreras interviewed Wallapop’s CEO Agustín Gómez
  • Masquestartups interviewed Guillermo Latorre, CEO of Cuentica
  • K Fund interviewed Miora’s CEO Diego Ballesteros to talk about Latam and how to build a sales team