Hello and Happy New Year! We hope you had a relaxing holiday break and the 2020’s are off to a successful start!
New Year Resolutions
As part of our New Year Resolution, we’ll work on creating a better experience for you. If you haven’t already done so, please fill out our 1-min survey here to help us improve. Every opinion matters and is highly appreciated!
If your New Year Resolution includes growing your brand in the startup community, have a look at our revamped Work-With-Us Page to see how you can collaborate with Barcinno. From free options for the bootstrapping entrepreneur to paid options for firms who want to make a bigger splash, we’ve got suitable options for everyone.
Ok, that’s it from me. Let’s get to the news.
Don’t miss the 3rd European Blockchain Convention in Barcelona on January 20-21! The convention has secured its place on the EU tech calendar as the leading blockchain conference gathering 600+ attendees from all over Europe and 50+ world-class speakers to discuss real use cases and the present & future of Blockchain. Save €80 with the code ’BARCINNOEBC’ (valid until 14th Jan)
Ok, let’s take a look at the latest Barcelona startup news from this week:
THIS WEEK’S HIGHLIGHTS:
BARCELONA STARTUP NEWS
Startup & Investment News
2019 overview of the Spanish startup ecosystem
- Spanish startups raised a total of €1.098M in 2019, less than the 1.227M raised in 2018
- – Once again, the majority of investment into Spanish startups has been led by foreign funds
- – IBEX35 companies are still not buying Spanish startups
Barcelona Investment News
- Barcelona startup Glovo closes a €150M Series E
- – Here is a deeper look at Glovo’s recent numbers as its massive expansion strategy led to ‘Unicorn’ status and losses so far
- Catalan fintech startup BNC10 lands a €1M bridge investment and surpasses 10.000 clients in three months
- Barcelona research SaaS startup Zinklar gets €500K from ICF
Spanish Investment News
- Madrid neobank MyInvestor raises €20M from AXA & EL Corte Ingles
- Madrid fleet management software Pulpomatic gets €5M
- Valencia startup WiTraC closes a €3M investment round
- Madrid-based fintech startup Arbor receives a €3M investment
- Sevilla-based logistic startup Mox secures a €3M investment
- Spanish fintech Twinco receives a €2.5M investment
- Madrid startup Ever Health closes a €1M investment round
- Madrid-based startup Tribaldata secures a €500K investment
- Madrid liquor brand Fuego Valyrio receives €300K
- Navarra-based med tech startup TedCas raises €300K
- Sevilla startup Mister Fantasy closes a €300K investment round
- Madrid-based startup Beemine Lab lands a €280K investment
- Madrid logistics startup Trucksters receives €250K
- Madrid-based AI startup Adtuo secures a €250K investment
- Madrid startup tQuity closes a €250K investment round
- Zaragoza social startup Neki raises €220K from Lanzadera & Ship2B
- Madrid startup Cocopí lands €190K via Startupexplore
- Madrid-based startup Nailted closes a €170K investment round
Startups News
- Barcelona HR-startup Woffu surpasses €2M in revenues in 2019, a 200% increase, and boasts 1500 clients
- Barcelona web & mobile development firm MarsBased reaches €1M+ in revenues in 2019
- Catalan eyewear brand Project Lobster plans 20 openings within the next two years and expects to reach €15M in revenues in fives years
- Catalan e-voting startup Scytl announces pre-insolvency proceedings as it looks to refinance €30M bank debt
VC, Investment & Crowdfunding News:
- Abac Capital becomes a 100% Spanish-based VC firm after moving the organization from Luxembourg to Spain; plans to launch a €350M fund
- ABE Capital Partners launches new fund which aims to raise €200M and invest into SME
- ENISA eclipses €1B investment volume into local companies; in 2019 alone, €80M has been invested across 500 projects
- IVF (Valencia Finance Institute) invested €3M in local startups via participation loans in 2019
- Repsol Corporate Venturing invests in Swiss startup Nnaisense
- Barcelona VC firm Inveready distributes €11M in dividends and exceeds €400M under management in 2019
Open Calls, Accelerator News & Incubator Stories
- European Blockchain Convention announces 21 startups selected for RACE by EBC event
- Euroleague Basketball’s startup challenge teams up with 4YFN; startups can apply until the 10th of January
- Acceleration program Rising UP in Spain opens call; startups can apply until the 19th of January
Barcelona Startup & Entrepreneur Profiles & Interviews
- Acqustic: a platform to book musicians for live concerts
- MásMovil: from startup to the 4th largest Spanish telco firm
- Sorbos: edible straws to put an end to single-use plastic straws
Tech News
- Barcelona is the 4th most innovative city in Europe in 2019
- Chinese retail giant AliExpress chooses Barcelona to open second store in Europe
- American tech company Mitek creates 50 jobs in Catalonia
- Catalonia’s 3D printing hub features 118 companies generating €325M in revenues and employing 1.321 people
- The IoT sector in Catalonia consists of 250 companies that provide 3,200 jobs according to latest study
- Catalan consumer electronics firm TICNOVA secures investment from GAEA Inversión to accelerate growth
- The Catalan Government, Barcelona City Council & AMB to meet with taxi driver associations today to find solution amidst MWC threat
- – Taxi drivers threaten to paralyze Mobile World Congress if the Government doesn’t apply new law to stop Cabify
- Black Toro Capital is negotiating the entry of a foreign investor to revamp Catalan motorcycle firm Torrot Gas Gas
Telco News
- MasMovil is once again the fastest-growing telco firm in Spain after adding 1.4M users in 2019
- Startups owned by Telefónica have generated €32M+ in revenues for the company in Spain
- Telefónica also named the four directors who will lead the newly created Telefónica Tech division
Tech News in Spain
- Seat breaks sales record for second year in a row
- Popular Spanish online real estate marketplace Idealista rejects the accusations of discrimination & racism made by the Barcelona City Council
- Inditex profits jump 12% as it streamlines technology
- Alantra Private Equity creates the Spanish leader in genetic diagnosis after integrating Imegen, Genycell Biotech and Health in Code
- BBVA to run trial of selling financial products on Amazon
Politics and Economics
Good Reads
- Barcelona’s car-free smart city experiment (BBC)
- Overview of the successful Catalan biomedical & health tech sector and its major funding rounds of 2019
- “Who said reshaping mobility would be easy?”, by Luca de Meo, CEO of SEAT
- The 10 most used financial apps in Spain
Good Videos & Podcasts
- Interview with David Riudor, CEO of Goin (by Itnig)
- Interview with Bernat Farrero, CEO & Founder of Itnig (by Startup Grind Barcelona)
- Round table about the “support ecosystem for startups in Spain” with Ship2B, la Bolsa Social, Impact Hub & more
GREAT EVENTS THIS WEEK
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This Week
Next Week
2020 Q1 Key Events:
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See the full Event Calendar here
STARTUP JOBS IN BARCELONA
Job of the week: Agile Content is a multinational growing team, included in the “Europe’s 1000 fastest-growing companies”, according to the Financial Times. If you want to be part of thrilling projects and products within the tech and TV industry, come and join them here!
- Agile Content is hiring a Senior Java Software Engineer
See the full Job Board here
Barcelona Startup News January 6th 2020 cover all the latest stories about Barcelona’s Tech & Startup scene from January 6th, 2020 until January 12th, 2020. If you want to read more stories about the city’s startup, tech and innovation scene, check out all Barcelona startup news here.
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