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Telefonica's M&A activity. Tequila Works talks about the Spanish videogame industry.

June 25, 2019 • Issue #72

Bemobile - 100% Mobile Innovation. We started launching our businesses. Now we partner with companies to bring them to the next digital level. From ideation to launch, we assist our clients in their strategy, UX-UI design and development to create meaningful digital products.

Startup funding news 💸

  • Case on IT raised €3.5 million, in a round led by Inveready
  • Proptech startup Housfy raised €700,000

Startup exits 🎊

  • Telefonica has acquired several startups over the past few years: where are they now? El Español takes a look at the company’s M&A strategy

Investor & accelerator news 🚀

  • Kippel01 interviewed Diego Soro, founder of Fundera, to talk about public fundraising opportunities for startups
  • Ignacio Vilela (Startcaps Ventures, Workday) to manage EBN Banco’s VC fund
  • Telefonica’s Wayra and Iberostar to launch a program aimed at tourism and travel startups
  • Prisa has a new venture arm, Prisa Ventures
  • Juan Luis Hortelano wrote about what to expect from him after Plug and Play Spain: ‘New phase, new challenges
  • Vozpopuli looked at business angel activity in Spain

Startup news 💡

  • Enrique Dubois (formerly of to launch a real estate blockchain startup, as well a small fund to invest in blockchain technology companies alongside Eneko Knorr
  • Marcos Alves, El Tenedor’s CEO, was interviewed twice this week. Here on Kippel01 and here on El Confidencial
  • Pompeii: the €50 shoe brand that’s taking the Spanish market by storm
  • Expansion interviewed serial entrepreneur Diego Ballesteros (Sin Delantal Spain & Mexico, Miora)
  • Last mile delivery company Stuart, which was recently acquired by LePoste (Correos), says it’s growing at a 7-10% monthly rate. The company has announced a managing director in Spain
  • Vetos, exclusivity and sanctions: this his how Cabify and Uber’s contracts in Spain work. Uber was also in the news this week, because it announced a new €15 fee to drive you to the airport, instead of the traditional €30 charged by taxis
  • Shoe manufacturer Muroexe has opened its first retail store, in Madrid
  • Zero Latency, an Asturias-based company that operates virtual reality spaces, is expanding to Portugal
  • Tiendeo to open an office in Chile where it expects to reach €500,000 in sales in 2018
  • There’s a new development agency in Spain focused on chatbots, Chatbot Chocolate
  • Paris-based payroll management startup PayFit raised $15 million and plans to launch in Spain this year

Big company news 🏢

  • Ericsson and Nokia have won a €400 million contract from Movistar to change its mobile network infrastructure
  • Spanish logistics companies are up in arms, accusing Amazon of driving down prices
  • Car2go’s first fiscal year in Spain: loss of €1.4 million and €6 million spent in buying cars
  • Carrefour to open its first innovation center in Spain in Madrid
  • Kippel01 looked at some of the larger changes that have taken place at some of Spain’s top tech companies and subsidiaries in the first half of 2017
  • Santander, BBVA and Caixa Bank account for 80% of Spain’s digital banking clients
  • eDreams’ bet on the Japanese market continues
  • Orange pushes forward with Orange Bank: it will open a subsidiary in Spain
  • Kippel01 interviewed Jesus Rebollo, Just Eat’s country manager in Spain

Tech and policy 💂🏼

  • The Spanish government passed a new ‘Canon Digital’ scheme
  • Hacienda says that platforms such as Airbnb must identify hosts on its platform
  • Spain’s regulator CNMV is moving forward with plans to launch a 'test bank’ to make it easier for fintech startups to test their products
  • Aleix Valls to leave his role as managing director of Mobile World Capital

Interesting reads 🤓

  • Rime developer talks about Spain’s struggle to grow in videogames
  • Fantastic piece about the story of Terra and the first steps of the Internet in Spain in the 90s
  • From Wallapop to Hawkers: what the brick and mortar sector has learned from the online world
  • Ecommerce sales increased by more than 20% in 2016, reaching €24 billion
  • Jaime Rodriguez de Santiago (BlaBlaCar’s country manager in Spain): ‘Mobility needs to be bold’. Jaime was also interviewed on El Pais this week
  • How traditional Spanish furniture companies plan to compete against Amazon and big chains
  • The Spanish NASA engineer that could make air control people obsolete
  • Why not to set up a tech center in Barcelona
  • The startup ecosystem in Barcelona
  • Luis Cuende (Aragon Project): “I don’t know any good Ethereum developer that isn’t a millionaire — There’s a gold rush among developers to learn the coding language of money”
  • Jordi Romero (Factorial): 'The five SaaS tools our SaaS startup can’t live without (+ full list)

Podcasts of the week 🎧

  • MasQueStartups interviewed Javier Escribano, VP of Product at OnTruck