Glovo planning to raise €20M. Ironhack grabs €3M.

June 25, 2019 • Issue #74

Startup funding news 💸

Last mile logistics startup Glovo in negotiations to raise €20 million
Ironhack raises $3 million for its coding bootcamp. The round was led by JME Venture Capital
Connected car startup Grupo Next raised €1 million from Fides Capital, PMovil, Atresmedia and business angels. El Referente interviewed its co-founders
Proptech startup Cliventa raised €375,000 from RTV Capital and BR Grupo de Empresas
Socialwibox raised €160,000
Starr Cos, an insurance and investment firm run by Maurice R. “Hank” Greenberg, acquired a minority stake in CoverWallet, co-founded by Spaniard Iñaki Berenguer

Drone startup incubator Reimagine Drone to invest €2 million in 20 startups
Lanzadera announced the name of the 18 startups that will participate in its Garaje accelerator program
Conector Galicia announced the five startups that will join its newest accelerator program
El Referente profiled venture builder Antai, created by Gerard Olive and Miguel Vicente
According to Ascri, startup investment decreased by 18% in the first half of 2017. Kippel01 also wrote about this
Galicia to create one of the first biotech startup accelerators in Spain
Galician telco R, owned by Euskaltel, wants to collaborate with 100 Galicia-based startups in the next few years

Transportation marketplace OnTruck claimed that its business has grown by 116% since last quarter. CEO Iñigo Juantegui was also interviewed in El Pais to talk about the company and the sector it operates in
French newspaper Les Echos published a small profile on Carto, describing it as “the Spanish startup that wants to compete with Google
eFootball.Pro, the eSports startup co-founded by professional football player Gerard Pique, has a new director
Spanish shoe maker Masaltos.com has reached sales of €1.5 million
The Catalan startup AEInnova wins the ACCIO 2017 Investment Forum Award

MasMovil is now worth more than €1.3 billion in market cap
Telefonica set free AI automotion startup Drivies. The company also announced a round of €500,000
Amazon to start building a logistics centre in Valencia
Twitter in Spain in 2016: 25% less staff and 10% increase in sales
Rakuten.tv (formerly known as Wuaki) increased sales in 2016 by 36%, while posting a loss of €19 million. The Japanese company also announced that it plans to hire “hundreds” of employees in Barcelona, where it will base its European headquarters
Banco Sabadell announced Kelvin Atlas, an open data portal that the bank claims to be the first one in the Spanish banking sector

Spanish companies continue to look for an increasing number of programmers. According to Stackoverflow there are 300,000 coders in Spain, but demand is much bigger than supply
Barcelona Tech City’s Pier01 turned one year old. The organisation aims to open new buildings in mid term to house more startups
The 5 most interesting chatbot startups in Barcelona
Why Barcelona is one of the best cities for startups right now
From entrepreneur to investor: Valencia Plaza looks at former entrepreneurs that have joined the investment world
Jesus Monleon (Offerum, SeedRocket) wrote a post explaining why entrepreneurs should keep their first investors informed of what’s going on in the company
Tramontana (Javier Cañada): ’Design systems for CEOs and executives’
VozPopuli interviewed entrepreneur and investor Carlos Blanco