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WeWork to open in Barcelona. Easy Payment Gateway raises €6M. Telefonica's new COO.

June 25, 2019 • Issue #75

Startup funding news 💸

  • Horbito raised €1 million from family office Attitude
  • Catalan customer engagement startup Whisbi Technologies raises€1 million
  • Healthcare marketplace Cuideo raised €500,000 from various investors
  • Proptech startup Inveslar raised €330,000
  • Last mile delivery startup HappyBox raised €250,000 on Crowdcube
  • Pricing intelligence startup Boardfy raised €230,000, led by Banco Sabadell
  • Badi closed its third round of funding. Since no amount or investors were disclosed, this was probably an internal round with current investors

Startup exits 🚀

  • Hotel chain Grupo Hotusa acquired Barcelona-based apartment rental startup Waytostay

Investor & accelerator news 🚀

  • Nauta Capital explained how they’re increasingly using technology to find more companies: ’The Data Driven VC’
  • Javier Placer, who’s led Telefonica’s Open Future for the past several years, could soon leave the company. If this happens, it’s good news for Wayra and Telefonica’s relationship with startups
  • Is there an equity crowdfunding bubble in Spain? The CNMV has given permission to more than 20 companies to operate in the market
  • The Crowd Angel facilitated a total of €1.5 million in investments in the first half of 2017
  • Mahou San Miguel announced the name of five new companies that will participate in its startup accelerator program

Startup news 💡

  • Cabify reached €18 million in revenue in 2016 in Spain
  • El Español published an analysis of Jobandtalent’s cap table. Very interesting to see who owns what at the company
  • Wazypark was a startup that promised to fix parking in large Spanish cities. However, the company went bust in a matter of months. El Español has the story
  • Mobile payments startup Verse is looking for three directors to tackle the British, Italian and French markets. Kippel01 published an interview with the company’s CEO
  • Mobile marketplace Vibbo (owned by Schibsted) has decided to stop allowing listings of second hand tickets on its platform
  • On-demand delivery startup Jinn pulls out of ‘other markets outside London’
  • On the heels of its own success, Spain’s Politibot is opening up a chatbot builder for other outlets
  • Carto: what online retailers can learn by mapping sales data. El Pais published a profile of the Madrid-based location intelligence startup
  • Hawkers to start selling glasses on Twitter
  • Spotahome claims to have generated more than €45 million to hosts on its platform
  • E-commerce News interviewed Fernando Cabello, co-founder and CEO of fintech startup Aplazame
  • Cinco Dias profiled football streaming platform Footters

Big company news 🏢

  • WeWork to open a coworking space in Barcelona, its first in Spain
  • Angel Vila is Telefonica’s new COO. El Español published a profile of Vila. El Confidencial looked at who Pallete has chosen to lead Telefonica’s future
  • How Spanish big companies, from the LFP to Mercadone, are embracing technology. Here’s another analysis of who is leading tech initiatives at some of Spain’s largest companies
  • Spanish professional football team Betis has launched its own mobile network, in partnership with MasMovil
  • Android Pay is now live in Spain
  • Telepizza disclosed several interesting metrics associated with its ecommerce activity

Tech and policy 💂🏼

  • Madrid’s regional government has asked the CNMC to determine if Uber subsidising trips to the airport is legal
  • Thousands of taxis went on strike in Madrid and Barcelona last week. Nothing new when it comes to what they want the government to do
  • Barcelona’s mayor Ada Colau says there are more than 1,000 ilegal apartments on Airbnb

Interesting reads 🤓

  • Kippel01 profiled Gustavo G. Brusilovsky, co-founder of BuyVip (acquired by Amazon) and other startups
  • El Español published a very interesting profile of Alejandro Martinez Peon, CEO of Telecable: “The man who could have changed the Spanish telco market”
  • Expansion interviewed Jon Uriarte, co-founder of Ticketbis, acquired by eBay for $165 million
  • Analia Plaza (Citymapper): ’Apple Maps vs. Google Maps - the case of Madrid
  • The Next Web: Barcelona isn’t the new Silicon Valley – and that’s a good thing
  • Top 10 Barcelona travel tech companies
  • 6 Barcelona startups that kids – and parents – will love

Podcasts of the week 🎧

  • K Fund interviewed Iñigo Juantegui, co-founder of La Nevera Roja and OnTruck