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Hello Media Group's booming business. Qualitas VC exit with Jobandtalent.

June 25, 2019 • Issue #79

Startup funding news 💸

  • More than €45 million invested in Spanish startups in July and August, according to El Referente

Investor & accelerator news 🚀

  • VozPopuli looked at Qualitas Venture Capital activity over the past few years. In 2016, the firm sold its stake in Jobandtalent for €6 million (profit of €2.2 million)
  • Loogic interviewed François-Eric Perquel, CEO of Private Investments Network, a management software for investors

Startup news 💡

  • Interesting profile of Hello Media Group, a Madrid-based advertising agency, reached €20 million in sales last year and expects to surpass the €35 million mark in 2017
  • Ofo, the bike sharing Chinese ‘unicorn’, is looking for a country manager for the Spanish market
  • Spanish gaming company Mercury Steam reached sales of €4 million last year, following an agreement with Nintendo
  • NYC emerges as the capital of insurtech. The article by Forbes profiles CoverWallet, founded by Spaniard Iñaki Berenguer
  • Interview with Javier Fuentes, CEO and co-founder of Hoppin, an app that lets consumers program ecommerce purchases

Big company news 🏢

  • Ferrovial and Renault have plans to launch a competitor of Car2go and emov in Madrid
  • Sky, the British media juggernaut, could soon launch a video service in Spain
  • Pedro Serrahima, founder of Pepephone, to step down from Globalia

Tech and policy 💂🏼

  • The Spanish government to spend more than €60 million to fix LexNet. Also last week, Spain’s minister Rafael Catalá, defended how the software crisis has been managed in the past few weeks. 24 hours later, it stopped working
  • Holders of VTC licenses, the ones used by Uber and Cabify drivers, won’t be able to sell them for two years after purchasing them. At least that’s what the Spanish government is aiming for

Interesting reads 🤓

  • How mobility companies such as Car2go or Cabify are shaping up Spanish cities
  • 7 tech events & conferences you need to be at this September in Barcelona
  • Aragon Network: Why transparency matters