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Spotahome raises €13.6M. Jobandtalent back on track. Inditex tops €1.1B in online sales.

June 25, 2019 • Issue #86

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Startup funding news 💸

  • Spotahome raised €13.6M to let you view and book mid to long-term accommodation online. Local VCs Seaya Ventures and Samaipata Ventures are investors in the company
  • Banking-as-a-service startup Unnax raised €1.5 million. The round was led by Swanlaab Venture Factory
  • Travel startup Exoticca raised €500,000, led by Sabadell Venture Capital
  • Consuting firm FUSS raised €400,000
  • Ecommerce SaaS Converfit raised €75,000

Startup exits 🎊

  • ’How to sell your startup twice’: an interview with Diego Ballesteros and Evaristo Babé (SinDelantal)

Investor & accelerator news 🚀

  • Santander InnoVentures leads $6 million round in Mexican startup ePesos to advance financial inclusion
  • Interview with Pere Mayol, who’s backed Wallapop, Glovo and Wuaki, among others, as a business angel
  • An analysis of CDTI’s activity over the past few years
  • Susana de Antonio, who represents Euronext in Spain, says that Spanish tech companies such as Wallapop or Cabify could float on their stock market
  • Carlos Domingo, co-founder of SPiCE VC, was interviewed at Futurizable. Topics include blockchain, crypto and ICOs
  • Neinor launches a new startup accelerator aimed at the proptech sector
  • El Referente interviewed the managing director of Izertis Ventures, the venture arm of Izertis
  • Atelier by ISEM is a new accelerator for fashion tech

Startup news 💡

  • Jobandtalent is back on track: the company, which now operates a model very similar to ETTs (Temporary Employment Agencies), has reached sales of €5 million per month
  • London-based Delivery service Jinn has shut down. The company was founded by two Spaniards and had also received backing from Madrid-based VC Samaipata Ventures
  • Syndicate investment platform Startupxplore has launched a new version of its product
  • Profile of Madrid-based language learning startup Lingokids: €300,000 in MRR, 25,000 paying clients, China as biggest market
  • Chicfy has had to put on hold its new round of financing. Laura González-Estéfani’s new fund is supposed to lead the round. The company expects to reach €4 million in revenue this year
  • Glovo has launched in Portugal
  • Ironhack is now live in Mexico City
  • Legal startup Easyoffer has signed a partnership with Airbnb to help hosts who are affected by Barcelona’s new legislation that regulates short-term rental
  • One of Hawker’s investors, Alejandro Betancourt, wants to“profesionalise” the company
  • Startup profiles: Nerlim (security), Chopit (mobile commerce)

Big (local) company news 🏢

  • Inditex online sales increased by 35% year-on-year, topping €1.1 billion
  • More than 70 companies, including some big Spanish multinationals, have launched their own blockchain, called Alastria
  • BBVA launches Tuyyo, a global mobile money transfer service
  • Telefonica spent more than €70 million this year in original content

Big (foreign) company news 🏦

  • Amazon and Facebook in negotiations with Spain’s La Liga to broadcast football matches
  • Amazon Logistics: El Español has a breakdown of the small last mile delivery companies that are collaborating with Amazon in Spain
  • Amazon inaugurated its new headquarters in downtown Madrid
  • Tesla continues to poach talent from Desigual to lead its Spanish operations. The company will soon open its first two retail stores in Madrid and Barcelona
  • Gaming company Gameloft reached sales of €16 million in Spain in 2016

Tech and policy 💂🏼

  • Barcelona’s city government is said to be working on laws that would regulate the car sharing market

Interesting reads 🤓

  • Spanish digital advertising to surpass TV advertising in 2020
  • Javier Escribano (OnTruck): ’Go faster by investing time on Research and Scope
  • Alex Barrera launched a new publication: ’Introducing The Aleph

Podcasts of the week 🎧

  • K Fund interviewed Ander Michelena, co-founder of Ticketbis
  • MasQueStartups interviewed David Pombar, co-founder of SetPay
  • SoySilicio interviewed Rosa Jimenez Cano, journalist at El Pais