Analysis of Spanish exits. BBVA invests €34 million in Atom Bank.
June 22, 2019 • Issue #56
Startup funding news
- Gamelearn raised €2 million from Kibo Ventures
- Fintech startup Finizens raised €700,000
- Mobile marketplace 500Markets raised €500,000 from PDG Invest
- Foodie&Tours raised €250,000
- Ecohortum raised €135,000 on equity crowdfunding platform SociosInversores.com
Startup exits
- Spanish startup exits (2005–2017): from emptiness to a decade of relative abundance
Investor & accelerator news
- BBVA invested €34 million in Atom Bank, maintaining its position as the startup’s biggest shareholder
- Pere Valles (Scytl) and other executives to launch a €1 to €2 million investment fund with the help of Intelectium
- CDTI’s mess: two weeks to provide companies with €240 million
- Kippel01 looked into the investment activity of media and TV companies in Spain
- EGI Group and Conector to launch a new startup accelerator focused on the e-commerce sector
- Mahou San Miguel is looking for startups to join its second acceleration batch
- Interview with Luis Cabiedes of Cabiedes & Partners
- Interview with Iñaki Arrola of K Fund
- Interview with Jorge Dobón of Demium Startups
Startup news
- eDreams Odigeo closed Q3 with almost €20 million in profit, a 78% YoY increase
- Daniel Tallón, formerly of Just Eat, is Spotahome’s new CMO
- The main players in Spain’s food delivery market
- Hawkers and El Ganso joined a partnership to launch four exclusive glasses
- Fintonic to start offering more insurance products
- ExoClick launches fully customizable native advertising format
- El Referente profiled FoundSpot, a company that helps people find lost objects
- Food delivery startup Lola Market launched Lola Fresh with the help of Organizados
- Interview with Javier Echaleku (Kuombo) about the e-commerce industry
- Interview with Alejandro Artacho, co-founder and CEO of Spotahome
- Interview with Javier Sánchez-Marco, co-founder of delivery startup Furgo
Big company news
- Chema Alonso (Telefonica’s CDO) published an in-depth article explaining Aura, the telco’s last project
- Amazon changed the conditions of its affiliate program: how could this affect startups that rely on the e-commerce giant to generate revenue
- Christian Berté is Amazon’s new logistics director in Spain
- Seat to launch a competitor to Car2go and Emov in Barcelona
- Julio Faura (Banco Santander) speaks about the importance of blockchain in the banking industry
- ImaginBank launched imaginBoard, a service to allow users to send money using IM products
- Leroy Merlin about Amazon: “They have lower prices? But we pay taxes”
- Inditex starts selling some products on Zalando
- 70% of Spanish companies use Samsung mobile phones
- 4YFN to launch a new conference in San Francisco
Interesting reads
- Life after an exit: Cinco Dias talks to Jose del Barrio (La Nevera Roja), Luis Sanz (Olapic) and others about life after selling their companies
- David Bonilla: when an employee decides to leave your company, does it make sense to counter-offer?
- 4YFN 2017 review: bigger and more corporate than ever before
- Jordi Romero (Factorial): Finding someone to risk it all together with
- Itnig: Demystifying the product manager, and how to become one
Podcasts
- Masquestartups interviewed Mireia Badia, CEO of Growly
- K Fund interviewed Justo Hidalgo (24 Symbols) and Jordi Miró (former CTO of Wuaki.tv)