News
Barbara IoT raises 2.5 M€ in funding from Caixa Capital Risc and Iberdrola

Caixa Capital Risc, the venture capital arm of CriteriaCaixa and lead investor through its Criteria Venture Tech fund, and Iberdrola, through Perseo, its start-ups program for start-ups to promote the development of technology-based companies, have joined forces to accelerate the digitization of smart grids and cybersecurity with a €2.5 million ($2.6M) investment round in Barbara IoT.  […]

News
Seaya launches Andromeda, a €300M Venture Capital fund to address the global sustainability challenges through technology

Seaya Ventures, leading European Venture Capital manager behind unicorns such as Wallbox, Glovo and Cabify, has partnered with Iberdrola and Nortia to launch the sustainability-focused Venture Capital fund Seaya Andromeda. The fund, with a first closing of €130 million, has a target size of €300 million and will remain open to new investors for the […]

News
Spanish insurtech Getlife raises €6 million in seed funding round

Getlife, the Madrid-based life insurance startup, funded by Guillermo Alén and Yago Montenegro,  has announced today that it has raised a €6 million Seed round led by VC firm Singular, with participation of business angels from the industry like Gokul Dhringa, former VP of Product of Ethos, or Chris Adelsbach. Getlife, the Madrid-based life insurance […]

News
Managing Composites closes 1,5M€ funding round by Bouwen, to accelerate growth

Managing Composites, the engineering company specialized in composite materials projects, today announced the close of a 1,5M€ financing round by Bouwen Sistemas Industriales, holding of Itera Mobility Engineering, Hidragrup and Sinfiny.

News
"Spain is a strategic market for the expansion of  Eco Wave Power operations"

Eco Wave Power’s technology uses floats that extract energy from waves and converts their upward and downward movements into a clean energy generation process. Specifically, the movement of the floats compresses and decompresses the hydraulic pistons that transmit biodegradable hydraulic fluid to the accumulators located on land. Pressure is stored in the accumulators that turns […]

News
ShopFully and Tiendeo join forces to create a leading international player in Drive To Store

ShopFully and Tiendeo, two of Europe’s most innovative technology companies in the Drive to Store sector, have today announced a transaction that has created a new, leading international player to further reinvent local shopping. ShopFully has acquired 100% of Tiendeo — a Spanish company specialising in the digitisation of catalogues and brochures — to create […]

Investments
Landbot secures €6.5M series A to help more businesses design smarter automated conversations with customers

Landbot enables any business to manage and automate conversations with their customers across their website, WhatsApp and Facebook Messenger. Enabling businesses to convert smarter, every time.

News
ALiCE Biometrics closes a €1.5 million investment round led by Mundi Ventures

ALiCE Biometrics expands its shareholding to the international arena with the entry of Mundi Ventures, which has operational offices in London, New York, Seattle, Barcelona and Madrid. The investment fund makes its network, with presence in more than 50 cities worldwide, available to the Galician spin-off.

Ecosystem | Open Calls
UNWTO launches 4 new challenges to help re-start tourism

The Hospitality Challenge in collaboration with Sommet Education is a global call aiming to receive projects that can help hospitality sector reboot. This competition is designed to identify ideas and individuals capable of accelerating recovery while promoting inclusivity and sustainability in the sector to invent the hospitality of tomorrow.

Ecosystem | Biotech
Medicsen creates a non-invasive device that makes life easier for diabetes patients

Medicsen is a startup that works in an artificial, non-invasive pancreas for those suffering from diabetes. It is capable of predicting future glucose values for the patient an hour ahead of time with a margin of error of less than 10 glucose units, while at the same time providing practical lifestyle advice to control illness.

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Highlights

Ecosystem
There are currently 9 unicorns in Spain and there are 20 other companies that could become unicorns in the next two years

2021 ended with a cumulative investment in tech companies in excess of €4 billion and it was partly thanks to the mega rounds that took place over the past year. The 25 largest rounds of 2021 (over €60M) achieved more than 85% of the cumulative investment in Spain and led to two new companies, Jobandtalent […]

Investments
2021 exceeds €4 billion invested in Spanish startups

The year 2021 ends with the highest investment figure ever obtained in Spanish history: €4,207 billion in a total of 400 operations. Madrid and Barcelona are consolidating their position as national entrepreneurial hubs, accounting for 85% of the country’s investment. Jobandtalent becomes a new unicorn, after raising €628M in 2021 alone. The fastest-growing sectors in Spain in terms of startups and innovation are healthcare and Fintech.

Investments
Investment in Spanish startups reaches €1,767,271 million in the first four months of 2021

The 11 largest investment rounds of 2021 accumulate a total of €1,520.50M, which represents 86% of the total investment of the year. Glovo, one of the Spanish unicorns, leads the largest round of the year with €450 million.

Investments
2020 ends with €1.101M invested in Spanish startups

Glovo and Flywire were the only investment rounds to exceed €100 million. The accumulated total for the year was 1,101,786 million Euro invested in a total of 338 public operations, the second best figure in the history of Spain.