News
Erudit raises $10M Series A to help companies ditch surveys and embrace AI to transform the employee experience

 Erudit, a global AI company that helps leaders improve culture and productivity, announces its $10M Series A round led by Conexo Ventures, Athos Capital, Ignia Partners, True Blue Partners and Fondo Bolsa Social. The funds will fuel Erudit’s workforce intelligence technology development and revenue’s growth. Erudit’s software-as-a-service uses AI to get action on over 100 […]

News
REVEL secures €115 million to boost its car subscription business in Spain

REVEL, a Spanish company specializing in digital car subscription services, has successfully completed a transaction totaling €115 million. The transaction has been implemented in collaboration with Santander Consumer Finance and credit funds and accounts managed by KKR, among other parties.  This funding round, which comprises a €15 million capital investment as well as the establishment […]

News
Insurtech Bdeo raises additional €7.5M for international expansion


 Bdeo, a fast-growing technology company providing Visual Intelligence for the insurance and fleet industries, has raised an additional €7.5 million to accelerate its international expansion and strengthen its position across Europe and Latin America.  The new financing came from new investors Armilar, Hollard, The Centre for the Development of Industrial Technology (CDTI), and Íope Ventures, […]

News
REVER raises 7.5M€ to solve the problem of online returns

REVER, the pioneering startup redefining the landscape of ecommerce returns with its seamless and innovative process, announces the successful closure of its seed funding round, securing an investment of 7.5 million euros in its first year. Spearheaded by industry-leading investors such as Y Combinator, Mundi Ventures (who has Klarna and Returnly in their portfolio), Barlon […]

News
Trucksters closes €33 million Series B round backed by Continental, Volvo Group and the EIB

Trucksters, the Spanish road freight operator which has disrupted the long-haul sector with the use of AI and big data, has closed a Series B round of 33 million euros. The new capital injection, backed up by new and existing investors, will be used to fulfil some of the company’s strategic objectives including electrifying its […]

News
Signalit secures €11.6 million to fuel expansion and product construction

Software-as-a-Service (SaaS) startup Signalit today announced a capital investment co-led by global software investor Insight Partners and Kibo Ventures, representing a vote of confidence in the company’s strategy and leadership. With additional support from a diverse group of investors, Signalit has received a total of €11.6 million in funding. Signalit is the first SaaS startup […]

News
Jotelulu raises €4M to help IT companies easily deliver cloud services to SMEs

Jotelulu, a platform that helps transform IT companies into cloud service providers, announced today it has successfully closed €4 million in a Series A round of investment. Adara Ventures, one of the leading European deep tech funds, led the round, with participation from US-based fund G2A Investment Partners and previous investors Fundación Bankinter and Big […]

News
New technologies in sports: South Summit Madrid 2023 bets on Sportstech, with Pau Gasol, the NBA and Iker Casillas as protagonists

South Summit Madrid 2023, the leading event for the entrepreneurial and innovative ecosystem co-organised by IE University, will feature content and conversations dedicated to analysing the growing trend of Sportstech, i.e. the application of innovation and new technologies to the world of sport.  The 11th edition of South Summit, to be held between the 7th […]

News
Sustainability and healthy living, the pillars of meal kit startup Let’s cook

Let’s cook is a meal kit company based in Barcelona. The company sends the ingredients in exact quantities with the corresponding recipe to cook at home and creates plans for cooking healthy and tasty food every week. Chefs and nutritionists develop new recipes every week for a complete cooking experience with healthy and varied meals. […]

News
iPronics raises €3.7 Million to accelerate the adoption of programmable photonic chips

iPRONICS, the pioneering photonic computing company that has developed the first general-purpose photonic processor that is reconfigurable by software, today announced a €3.7M investment led by Amadeus Capital Partners, with participation from Caixa Capital Risc.  Emerging technology trends in autonomous vehicles and LIDAR, 5G signal processing, deep learning and AI, cyber security, DNA sequencing, and […]

News
Seedtag raises over €250M from Advent International

Seedtag is the leading Contextual Advertising Company that creates highly impactful and engaging solutions for relevant premium visual content, powering targeting and returns for top publishers and the finest brands. The company’s contextual A.I. allows brands to engage with consumers within their universe of interest on a cookie-free basis.

News
ZenRows raises 1.100.000€ in its first round of funding

ZenRows, a web data automation startup, has closed its first funding round of 1.100.000€ led by 4Founders Capital. Athos Capital and Bynd VC have also participated in the operation, as well as Javi López (Erasmusu). The company, bootstrapped to date, will use the funds to extend the capabilities of its platform and push the marketing […]

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News
iPronics raises €3.7 Million to accelerate the adoption of programmable photonic chips

iPRONICS, the pioneering photonic computing company that has developed the first general-purpose photonic processor that is reconfigurable by software, today announced a €3.7M investment led by Amadeus Capital Partners, with participation from Caixa Capital Risc.  Emerging technology trends in autonomous vehicles and LIDAR, 5G signal processing, deep learning and AI, cyber security, DNA sequencing, and […]

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.