Cabify raises $100m. Ontruck gets $10m. Interviews with Iñaki Arrola and Luis Cabiedes.

June 22, 2019 • Issue #64

Startup funding news 💸

Cabify has raised $100 million. The company is supposedly raising a much bigger round of $500 million
On-demand road freight startup Ontruck pulls in $10 million Series A led by Atomico and Idinvest Partners
On-demand delivery startup Jinn locates $10 million in further funding. Although London-based, Jinn was founded by Spaniards and Samaipata Ventures is one of their investors
Health startup Devicare raised €3 million
Mint Labs raised $3 million from American and Chinese investors
Car marketplace Carnovo raised €2 million from Antai Venture Builder and M4E
La Caixa and Racc to invest €1 million in Alpify
JoinUp Taxi raised €430,000 from Big Sur, Cabiedes & Partners and Fides
Muroexe raised funding from JME Ventures. Terms of the deal undisclosed

Sanitas acquired Spanish health startup Healthia
Italian startup Uala.it acquired a majority stake in Spanish beauty marketplace Bucmi
Barcelona-based PopPlaces has merged with German competitor Go-PopUp
Telefonica, though its German subsidiary Telefonica Next, acquired analytics startup Minodes

Expansion interviewed K Fund’s Iñaki Arrola. He says that he’s seeing more good investment opportunities than ever before
El Español interviewed Luis Cabiedes of Cabiedes & Partners. They talk about the current state of the Spanish startup ecosystem, Cabiede’s future and many more topics. Interesting read
Inveready to launch a €40 million venture debt fund soon
FOND-ICO announced who will be the recipient of €160 million in fresh funding
SEAT Accelerator by Conector had its final demo day
The 11 companies that will participate in SeedRocket’s new accelerator program
Axon Partners Group invested in Colombian startup Boxi

Spanish hardware startup BQ created four new subsidiaries to diversify its business
Closca, the Spanish bike helmet that is conquering Silicon Valley
ESADE and Ironhack team up to train leaders for the digital era
Real estate crowdfunding startup Housers received green light from regulators to continue operating in Spain
Ecommerce News interviewed Jaime Garrastazu, co-founder of Pompeii
Startup profiles: BrickFunding (proptech), Trive (e-commerce)

Many companies around the world suffered late last week from a ransomware attack. Telefonica was one of the companies most affected by the attacks, but not the only one. Here’s how the ransomware software works
Orange to start offering home automation services in Spain, probably in cooperation with other companies and startups
Ryanair launches travel labs in Spain, an innovation hub to create 250 high tech jobs

Brussels said this week that UberPOP is a pure transportation service, which means that its drivers should be employees instead of freelancers. Uber said this decision does not affect its current activity in Spain, which relies on VTC licenses
Uber and Cabify should be happy: 350 additional VTC licenses to come to market this year
K Fund’s Carina Szpilka is Adigital’s new president

Automobile Barcelona: a look at the City’s urban transport tech landscape
Delaware and Spanish entrepreneurs: the key aspects that make the US state a paradise for startups and tech companies
The gold diggers in the Spanish accelerator ecosystem
Source{d}: Your company’s culture shouldn’t please everyone