eRepublik Labs bought for €7.5M. Taxi protests across Spain. Beonprice raises €1.4M.

June 25, 2019 • Issue #67

Startup funding news 💸

Yogome, a Mexican startup that makes educational games for kids, raised $6.6 million, in a round led by Seaya Ventures
Travel tech startup Beonprice raised €1.4 million for its hotel revenue software, in a round led by K Fund
HR startup Factorial raised €500,000
Hardware startup Glassy raised €348,000
Hardware startup Micaton Ergonomics raised €245,000

Stillfront acquired eRepublik Labs for €7.5 million. eRepublik Labs, although based in Dublin, has offices in Spain
Atresmedia acquired advertising company Smartclip Latam. Terms of the deal were not disclosed

A new edition of Menorca Millennials is now underway
Lanzadera held its demo day where the 18 startups participating in its latest batch pitched
El Referente interviewed Marta Antunez, Spain’s country manager for crowdfunding platform Ulule
Techstars will hold a hospitality and travel sector event in Madrid on Tuesday June 6th

El Español published a very interesting profile on Mailtrack. The startup expects to generate €1.1 million in revenue this year with just 11 employees
Glovo continues its expansion and is now available in more municipalities in Catalunya
Indoor Analytics powered by Carto and Situm: El Corte Inglés chooses Situm’s indoor positioning technology
Lleida.net has launched a new stock option plan for its employees
Gaming startup HeYou games went into administration
The majority of Groupalia’s employees were fired last week. El Confidencial looked into the current state of the now almost dead coupons sector
Kippel01 interviewed Easyoffer’s co-founder Martin Andersen. The Madrid-based startup operates a marketplace for legal services
El Referente interviewed Francisco Fernández, founder of Truecalia
El Referente interviewed Miguel Caballero, CEO and co-founder of edtech startup Tutellus
Marketing4ecommerce interviewed Nico Bour, co-founder of wine ecommerce startup Uvinum
Alex Díaz is Eelp!’s new CEO. The company is in the process of raising a €500,000 round
Kippel01 profiled proptech startup Housfy
Ignacio García, formerly of BBVA and iZettle, is Sumofuturo’s new CEO
Delvy interviewed Ventura Barba, Executive Director of Sonar+d

Telefonica’s former CEO and president, Cesar Alierta, criticised both Uber and Cabify for not paying taxes in Spain. Alierta also said that Telefonica could had created either service in just six months if it wanted to
Emov, the car sharing company, has increased its prices by 25% in Madrid
MasMovil added 77,000 new clients for broadband services between January and March
Telefonica, Orange and Vodafone reached €3.8 billion in revenue in Spain in 2016
Instagram announced that it has more than 12 million MAUs in Spain
Telefonica announced a new building to house its various eSports initiatives
Microsoft Spain hired Victoria Ducornau, former ecommerce director for Sephora
Amazon Spain disclosed €4 million in advertising revenues
Snapchat’s spectacles are now available in Europe. The company’s first vending machine in Spain is in Barcelona
Uber has moved its Spanish headquarters from Barcelona to Madrid

Spanish taxi drivers protested last week in Madrid against the government’s willingness to give new VTC licenses to competitors Uber and Cabify. El Español has a good summary of the amount of taxes paid by Uber, Cabify and traditional taxi drivers
The Spanish government said that it will maintain the current 30:1 ratio between taxi and VTC licenses
How Uber is growth hacking in Spain despite regulatory roadblocks