Investments | Ecosystem
Adara Ventures closes 65 million in its third fund to invest in startups

Adara Ventures, an established European Venture Capital (VC) firm based in Luxembourg, has announced that it has completed the first closing of its third fund (Adara Ventures III) with commitments in excess of €65 million. The new fund is backed by repeat cornerstone investors which include the European Investment Fund (EIF) and FondICO Global, as well as new benchmark investors, such as the Institut Català de Finances (ICF), Prosegur and Draper Esprit.

Investments | Rounds
Ironhack raises $4 Million to continue empowering tech education worldwide

Ironhack, a Miami based company with 9 campuses in the US, Europe and LATAM, announced today an additional $4 million investment led by JME Venture Capital for the second time in two years, bringing Ironhack’s total funding to date to $7 million.

Investments | Spanish ecosystem
Investment in 2019 continues to grow, June closes with €81.3M invested in startups in Spain

June does not slow down and maintains ascending constancy regarding investments in Spain, exceeding the figure of 81 million Euro invested in startups in our country in a total of 19 public operations. A figure that keeps alive the hopes of increasing investment this year (476,226 million Euro invested in Spanish technology) compared to 2018, the month ended with €431.3 million, a slightly lower figure.

Investments | Rounds
Pangea and Citibox close a round of 9 and 11 Million euro respectively

PANGEA The Travel Store has closed a capital increase of 9 million Euro with which the company intends to complete its value proposition at the technological, product and equipment level. Also Citibox has raised 11 million Euro in its Series A investment round, in which Javier Rubió has also participated, with which the Spanish company accelerates and consolidates its national expansion in Madrid and Barcelona.

Investments | Spanish ecosystem
Verse closes a seed funding round for Euro7M led by Greycroft Partners LLC

Verse, the Fintech App for millennials, obtains European payment license and closes a seed funding round for Euro7M led by Greycroft Partners LLC and international investors to expand to other European markets such as Italy, France and Portugal.

Investments | Spanish Ecosystem
May ends with an accumulated €28.3M invested in Startups

May shows a decrease in investment in startups in Spain after the month ended with a cumulative 28.3 million Euro invested in a total of 13 operations and the hangover from April. Despite the fall in the cumulative investment in May, 2019 (€393.62m) continues to have a higher cumulative investment than 2018 (€333.16m).

Investments | Ecosystem
CEMEX Ventures invest in Energy Vault to support rapid deployment of energy store technology

CEMEX Ventures, the open innovation and Corporate Venture Capital unit of CEMEX, announced on Thursday its investment in Energy Vault, an Idealab company that has developed a transformative technology to store energy. The new investment is further reinforced by plans to support rapid market adoption and deployment of Energy Vault’s technology through CEMEX’s strategic network.

Investments | Investments
Glovo closes a €150M Series D round led by Lakestar

Glovo, one of the most relevant and fastest growing companies in the delivery sector in the world, led by Óscar Pierre and with investment from important Spanish investors such as Seaya Ventures, Bonsai or Antai Venture Builder or business Angels such as Hugo Arévalo, Félix Ruiz, Bernardo Hernández or David Tomás, today announced a Series D financing round of 150 million Euro ($169M) led by the venture capital firm, Lakestar.

Investments | Ecosystem
Kompyte raises $3M and expands operations in Austin, Texas

Kompyte, a startup company redefining the competitive intelligence (CI) software category, has successfully raised $3 million in funding from Caixa Capital Risc, Adara Ventures and Swanlaab Venture Factory, along with other existing investors. The company provides revolutionary software that automates competitive research and reporting, so their customers can monitor competitors in real-time and adjust their strategy to best compete.

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