Verse raises $20m. Telecable sold for more than $700m. Wallapop increases valuation.
June 22, 2019 • Issue #65
Startup funding news 💸
- Verse grabs $20.5 million to take its p2p payments play beyond Europe
- Barcelona-based Scytl has received a €3 million loan. The same article says that Scytl is looking for a buyer
- Barcelona AI startup Restb.ai closes €1.2 million investment round for international expansion
- Hospitality startup Lock Up raised €500,000
- E-commerce company Runnics is looking to raise €200,000. So is myABCKit
Tech exits 🎊
- Euskaltel bought Telecable for €701 million
Investor & accelerator news 🚀
- Adeyemi Ajao and Arcano plan to launch a $200 million fund to invest in Silicon Valley
- El Confidencial published a profile on Eneko Knorr’s activity as a business angel. Over the past couple of years alone, three of Eneko’s investments have exited: Ticketbis, Habitissimo and Petcoach
- ESADE signed a partnership with equity crowdfunding platform Crowdcube to ease investments from professors, students and alumni
- CaixaBank has created a new division to cater to startups,. Carlos Trenches, who has left Caixa Capital Risc after more than 10 years at the firm, will join the project
- Itnig: First rule of talking to VC's — Show metrics that support the story you’re telling, featuring Active Venture Partners and Nauta Capital
- Itnig was nice enough to interview me, and this was the result: Jaime Novoa: From writing tech news to writing checks
Startup news 💡
- Wallapop’s valuation has increased to €560 million, according to filings from investor Vostok New Ventures
- ExoClick, the company that has more than $100 million in revenues catering to clients Google is not interested in
- El Confidencial looked into the meal/food delivery landscape in Madrid by trying several options available to consumers, including Wetaca, Tupperdicion, ApetEat and Minevera
- Vozpopuli profiled blockchain company Aragon Project
- Nuclio Venture Builder launched a new startup, Brokoli, a mobile app insurance broker
- El Confidencial says that the acquisition of Trovit for €80 million by Japanese company Lifull is not producing the expected results
- Xataka interviewed Jacinto Roca, CEO of Wuaki.tv. He says that this year the company will launch its first movie
- El Referente interviewed Ironhack’s co-CEO, Gonzalo Manrique
- Kippel01 interviewed Nacho Lafuente, co-founder and CEO of Datumize
- VC firm Atomico published interviewed Iñigo Juantegui on its blog, following the firm’s investment in OnTruck
Big company news 🏢
- BBVA announced a new company out of its Venture Creation department: Muno, an insurtech project aimed at freelancers
- Orange has surpassed Vodafone in revenues in Spain, trailing only Telefonica
- MasMovil is working with Liberbank to launch a mobile first bank
- Netflix is looking to hire more content professionals to tackle the Spanish market
- A study claims that Google News shut down in Spain has cost Spanish online media sites €9 million
- Alibaba wants to establish its logistics hub for Southern Europe in Barcelona
- How Telefonica is using IoT and Big Data to build smart cities
Interesting reads 🤓
- How to set up a development center in Barcelona: a Swiss company’s story
- How to scale up successfully – advice from growth professionals at ScaleUp Summit Barcelona
- How Paginas Amarillas is trying to improve its presence in an online world
- Fraud in eSports
- How a small group of in-house product designers killed Cabify’s corporate brand and made it purple
- How to develop truly conversational bots, featuring Caravelo