We are five months into 2021 and investment in Spanish startups already exceeds €2 billion, thanks in part to the €282 million raised in June. There has also been an upturn in the number of operations carried out, 190 to date, compared to 309 in 2020, and we expect the figure to exceed 400 operations this year.
Most of the money accumulated this year is being obtained mainly from the mega-rounds of well-known startups such as Jobandtalent, Idealista, Glovo, Wallapop and Travelperk, joined this month by the American startup with Spanish founders Capchase (€103m), Securitize (€40.36m) and Lingokids (€33m). Despite the outstanding rounds of the month, June is the second worst month of the year only ahead of May, which closed with €103 million.
Along with the three outstanding rounds in June, we would like to highlight other startups that continue to grow, such as Heura, which less than two years ago was one of the 10 finalists in the El Referente Awards and had raised less than €1 million to date; the fintech Payflow with a bright future and Fuell, which with its €1 million round continues its growth; and Antai’s latest project, the insurtech Vitaance.
Capchase: the non-dilutive capital provider for recurring revenue companies, has raised €103m ($125m). It did so in a round led by QED Investors.
Lingokids: the Spanish startup specialized in digital content in English for early ages, has closed a Series C worth €33 million. New international investors such as GP Bullhound have entered the operation.
Cooltra: the mobility company has received an injection of €20 million from the asset-holding company of the businessman and investor Francisco Riberas, which is acquiring 20% of the shares of the Catalan company.
Heura: the plant-based meat brand has announced a €16 million Series A investment round led by Impact Fooding.
Bound4blue: the company has closed a round of more than €5 million, opening a new stage in the development and implementation of its rigid sail technology (eSAIL®) for the shipping industry.
Insurama: the end-to-end digital insurance distribution platform has raised €5 million in an investment round led by Inveready and the startup’s own founding group.
Fracttal: the company that develops technological solutions for the management and maintenance of physical assets, has raised €4.36 million in a round led by Seaya Ventures with the participation of GoHub.
Perfecta Energía: the company dedicated to the commercialization, installation and financing of photovoltaic panels for self-consumption in the residential sector, has closed an investment round of €3.5 million led by Creas.
Energy Solar Tech: Sociedad Estatal de Participaciones Industriales (SEPI), through its venture capital fund manager SEPIDES Gestión, has entered the pool of investors in Energy Solar Tech with a disbursement of €2 million.
MESbook: the SaaS technology company has received funding of €2 million in a round led by Bewater Funds, which has contributed around 50% of the total capital.
Smileat: the Spanish organic baby food company has raised €1.8 million in a round led by Creas, which also attracted Quadia.
Cuyna: the delivery-focused kitchen network has raised €1.5 million in an investment round led by Unidata; a company focused on the Spanish digital sector.
Fuell: the fintech that offers a corporate card to help companies spend less, has announced the closing of a €1 million investment round. The majority investor is K Fund.
Jump Into Reality: the technology startup specializing in interactive content and Virtual and Augmented Reality platforms, has announced the closing of its first round of investment, raising a total of €1 million in debt and equity.
Payflow: the payment platform for workers has raised €1 million through a debt round participated by the French family office Financierè Saint James.
Other Spanish startups that have closed a round during the month of June of less than €1 million are: Marsi Bionics (€943K); LavanApp (€700K); Idoneo (€550K); Watchity (€425K); SmartMonkey (€425K); Kleta (€400K); Vitaance (€370K); Copernic (€350K); HarBest Market (€250K); CLEB (€225K); and Vegaffinity (€200K).