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CornerJob gets $19M. HolaLuz to reach €130m in sales. Plug and Play changes focus.

June 22, 2019 • Issue #66

Startup funding news 💸

  • CornerJob raised $19 million to keep growing its blue-collar hiring platform. The company has raised more than $54 million to date
  • DocPlanner raised €15 million. Although the company is based in Poland, it merged with Barcelona-based Doctoralia a couple of years ago
  • Trendier, a mobile marketplace to buy and sell second hand clothes, raised €1 million from Antai, Bonsai Venture Capital and Pedralbes Partners
  • Firstvision raised €100,000
  • Parking startup Valeet raised €600,000

Startup exits 🎊

  • eSports analytics startup Stream Hatchet got acquired by Milennial ESports. Stream Hatchet had previously raised funding from Plug and Play Spain

Investor & accelerator news 🚀

  • Plug and Play Spain to stop running its startup accelerator program in Spain, will focus in the future on working with corporates and more mature startups
  • Enisa’s grants for startups are now harder to get than before
  • Sixto Arias and Ismael El-Qudsi to lead Conector Accelerator in Madrid
  • ASCRI published an analysis of VC activity in Spain in the first few months of 2017
  • SaaS investors for Spanish startups
  • La Voz de Galicia interviewed Carlos Blanco
  • Where and how Spanish business angels invest

Startup news 💡

  • El Español looked into the financials of Social Point, as the company now operates under the Take Two umbrella after a $275 million exit. Social Point will account this year for 6% of Take Two’s bottom line
  • Energy startup HolaLuz expects to reach €130 million in gross revenue this year
  • El Español profiled Nextail, a Madrid-based SaaS startup that operates in the retail and logistics space. The company says that it’s nearing €3 million in annual recurring revenue
  • Comprea launched Comprea PRO, a new service that will deliver groceries to businesses for a monthly flat fee
  • Zed Worldwide has filed for bankruptcy
  • 7 awesome travel tech companies based in Barcelona
  • 10 Barcelona-based startups to watch in 2017 and beyond
  • El Pais interviewed Juan de Antonio, CEO of Cabify
  • Startup profiles: MyChoice2Pay (fintech), (eCommerce)

Big company news 🏢

  • Telefonica to start selling Spanish Slack clone Noisy along with Tokbox, its communications solution for the enterprise
  • Telefonica’s Wayra has a new board of directors
  • Telefonica and Barcelona Tech City signed an agreement to promote Barcelona as a technology hub
  • BBVA launches an open API marketplace for developers and startups
  • El Corte Ingles doesn’t like that Amazon doesn’t pay much taxes in Spain
  • MasMovil to launch an Android-based TV set-top-box from Huawei. The telco is also considering to float on the Spanish stock market
  • For the first time ever, almost half of all revenues of El Pais and El Mundo come from their digital editions

Policy and tech 💂🏼

  • El Confidencial wrote an interesting article on the methods used by a Madrid-based VTC company to avoid being caught by police. The VTC startup provides services to both Uber and Cabify
  • The EU to allow Spanish authorities to charge Netflix a fee to subsidise RTVE. Netflix, on the other hand, is growing quite fast in Spain

Interesting reads 🤓

  • The mechanics of growth with ex-Gmail product manager Itamar Gilad
  • El Confidencial talked to a handful of employees at startups, and wrote a somewhat sensasionalist article about the labour situation at Spanish tech companies
  • From security guard to programmer: how to reinvent oneself thanks to technology
  • The Spanish idea that will make your smartphone think faster
  • The hidden story of PC Futbol
  • Juan Macias: SaaS and the right segment of clients

Podcasts of the week 🎧

  • En.Digital: e-commerce based on data
  • Lunes Inspiradores: Sergio Balcells, Job Today’s country manager in Spain
  • K Fund: Luis Sanz, co-founder of Olapic (sold for $130 million)
  • MasQueStartups: Vicente Vara, founder of Palco4Ticketing