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).

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.

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.

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.

Conversational messaging startup Hubtype closes a round of seed funding to fuel the development of their powerful framework. The expanding startup was founded in Barcelona in 2016 with the goal of leading enterprise businesses beyond chatbots and into the conversational messaging era.

April breaks a new record with respect to the accumulated public investments in Spanish startups and is placed as the second highest monthly figure in the last four years in terms of investment: 280 million Euro, surpassed only by the 439 million Euro of August 2018 thanks to the stratospheric round of Letgo.

The newspaper El Referente launches through its English magazine, StartupsReal, the platform’s first paid report, which analyzes the evolution of investment in Spain over the last three years (2016 to 2018). The report also identifies and thoroughly details the 100 most active Spanish investment funds and investors in recent years.

Playtomic, Spain’s biggest sports ecosystem, has obtained 6 millions in an international round to continue working in the digitalization of the sector and the sport’s socialisation.

In less than 2 years Bdeo has established presence in Europe and Latin America, collaborating with the main insurance companies in these markets, such as Mutua Madrileña and Zurich in Spain, Fidelidade in Portugal and BBVA Bancomer in Mexico.