the Spanish startup labour market. BuyFresco's post mortem.
June 22, 2019 • Issue #62
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Startup funding news 💸
- Fintech startup Zank raised €490,000 on Crowdcube. The company is now valued at €5 million
- Travel startup Stayforlong raised €250,000 on The Crowd Angel
Investor & accelerator news 🚀
- Samaipata Ventures’ scorecard for media for equity deals
- Bbooster announced the name of the five companies in its current batch
- THCap is preparing a new €20 million fund
- LVG has an overview of business angel activity in Galicia
Startup news 💡
- BQ has created a new subsidiary to provide consulting services to other companies
- Spanish fintech startup Pensumo wants to position itself as an alternative to help consumers save money
- From Joyners to Telefonica: Kippel01 looks at companies providing services to the elderly
- El Referente interviewed Luis Perez del Val, CEO of Lola Market
- Ivan Cabezuela is no longer the Spanish country manager of German company Aklamio
- InsightMedi and Temple University disrupt dentistry education with InsightDenti
- Delvy Law & Finance interviewed Oscar Pierre, CEO of Glovo
- Footters to use IBM Cloud Video to globally stream amateur soccer games
- 5 Barcelona startups that are revolutionizing our food habits
- Startup profiles: Graphext (business intelligence), Closca (hardware, bike helmets), Countercraft (security)
Big company news 🏢
- According to Morgan Stanley, Inditex’s online sales in 2016 reached€2.1 billion. The company has never disclosed to date the size of its online business
- Pablo Isla (CEO of Inditex) and Gonzalo Hinojosa have left Telefonica’s board
- According to a study by SES Astra, more than one million homes in Spain could be already using Netflix
- What are the companies that dominate the online gambling and betting sector in Spain? An analysis by El Español
- Kippel01 interviewed Genís Roca, founder of consulting firm Roca Salvatella, about the evolution of retail and the influence of digital
Tech and policy 💂🏼
- Eduardo Serra, former Spanish minister of defense, to lead DigitalES, the new employer’s association promoted by Telefonica, Vodafone, Orange or IBM
- The CNMC decided to de-regulate the MVNO market in Spain, which could be bad for competition
Interesting reads 🤓
- The Spanish startup labour market: David Bonilla, Jorge Schnura and Marc Monguió talked to El Español about current salaries for software engineers in Spain
- Andy Areitio wrote a post-mortem about Spanish meal delivery startup BuyFresco: ‘A €1-million-lesson on meal kit delivery’
- E-commerce in Spain increased by 16,3% YoY in Q3 2016, up to €6.1 billion
- The Spanish gaming industry reached €1.1 billion in revenues in 2016
- Professors Joe Haslam & Daniel Corsten of IE Business School discuss the challenge of scaling up, the part after a startup gets Product Market Fit
- According to La Vanguardia, Barcelona Activa has helped create more than 1,600 companies in 2016
- 8 measures Spain can take to avoid losing millions of jobs to robots
- Eneko Knorr: Why you shouldn’t invest in startups (although perhaps you should indeed do it)
Podcasts of the week 🎧
- MasQueStartups interviewed Besepa