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Colonial acquired majority stake in Utopic_us. Glovo starts Latam expansion.

June 25, 2019 • Issue #89

At The Mobile Bakery we help our clients and partners to think, develop and launch new digital products. We are a Digital Product Agency with an expert team in business, technology, design/UX, and marketing.

The best digital products are created by strategists, designers, and developers, all working under the same roof, that’s why we create customized teams according to the needs of each project: technical direction, back & front end development, iOS & Android development, product strategy and management, UX/UI, visual design, growth hacking and marketing. Willing to build a successful digital product? Give us some info about it and get the approximate cost here.

Startup funding news 💸

  • Market research startup Snappy raised €1.3 million from Sabadell Venture Capital and Caixa Capital Risc
  • Photoslurp, a Barcelona-based SaaS for user generated content, raised €750,000 from Inveready, Caixa Capital Risc and Bankinter
  • Rollbox, a startup that has created an API to do payroll, raised€700,000 from Point Nine Capital
  • Health startup EverSens raised €660,000
  • Fabulist Travel raised €200,000
  • Siguetuliga announced a €135,000 round from Lanai Partners, Diego Mariño, David Bello, Brais Méndez and other business angels

Startup exits 🎊

  • Colonial acquired a majority stake in coworking company Utopic_Us
  • Spanish tech consulting firm Oesía acquired Keyhelp

Investor & accelerator news 🚀

  • Gate93 is a new small investment firm that wants to help Spanish startups land in Silicon Valley and the US
  • Eneko Knorr plans to launch a fund to invest in cryptocurrencies
  • K Fund’s Ignacio Larrú explained what the VC firm looks for in artificial intelligence and machine learning projects
  • These are the 13 startups that will participate in the third batch of Bankia’s accelerator program

Startup news 💡

  • Glovo to start operating in Latam with the help of Cabify (Express)
  • Ironhack has moved its headquarters to the US after raising €3 million earlier this year
  • Car selling marketplace Carnovo signed a partnership with French startup Drivy. The agreement means that clients of the former will be encouraged to use the latter to rent their cars in idle time
  • Ecommerce News profiled Citibox, a Madrid-based startup that wants to make it easier for you to receive online orders, and also help delivery companies in the process
  • Interview with Gonzalo Parejo, COO of OnTruck about how the company operates and its mid term goals
  • A Spanish videogames association believes it’s still too early to regulate eSports in Spain

Big (local) company news 🏢

  • Seat and Telefonica signed an agreement to create digital solutions for automobiles
  • BBVA’s president Francisco González (once again) said that the bank plans to continue to buy digital companies and to pay increasing attention to the US market
  • An article sponsored by Gas Natural Fenosa in El Confidencial claimed that startups are adding dynamism to the Spanish energy market
  • Carlos Grau is Mobile World Capital’s new director

Big (foreign) company news 🏦

  • Deliveroo’s orders in Spain grew by 550% year-on-year
  • German company mytaxi plans to open a new development centre in Barcelona
  • Madrid has entered Car2go’s top three city rank in less than two years, with more than 180,000 users
  • Ofo, the Chinese company that operates a bike-on-demand service, is now available in Granada

Interesting reads 🤓

  • Diego Mariño (Abiquo, Ducksboard) explains why he’s decided to move back to Spain (and to A Coruña) and what he’s going to do next
  • Sergio Rodríguez (Liftshare): ‘What does a good CPO do?
  • How will Catalonia’s controversial independence movement affect Barcelona’s thriving startup ecosystem?
  • Mobile World Congress may not return to Barcelona in 2019 over political instability
  • A new report by the CNMC explains how Spaniards use sharing economy platforms and other services such as Wallapop

Podcasts of the week 🎧

  • K Fund interviewed Daniel Lopez, founder and CEO of Bitnami
  • MasQueStartups interviewed Ismael Sánchez, CTO and co-founder of Rollbox