March has become the record month for startup investments in Spain, thanks in part to the €450 million mega-round confirmed on Thursday by Glovo. In addition to the €100 million round announced by Jobandtalent and 30 other investment rounds confirmed in March, such as those of Inbrain Neuroelectrics, Barkibu, Sherpa.ai and Preply. With March coming […]
The round also saw participation from returning investors including Delivery Hero, Drake Enterprises and GP Bullhound.
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.
2019 closes with more than 1,000 million Euro invested in startups in Spain and with two Spanish technology companies, Cabify and Glovo, considered as unicorns (companies with valuations exceeding 1 billion Euro), whose latest operations have contributed to these accumulated figures. In fact, the last round of 150M Euro announced by Glovo last December means […]
Glovo, one of the world’s fastest-growing on-demand delivery players, has announced 150 millions of euro (167 millions of dollar) in Series E funding.
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.
The close of 2018 saw record levels of investment in Spanish startups, with in excess of €1.2 billion raised. The total final figure was €1,227.09 million euros raised across 198 transactions.