The second quarter of tech investments in Barcelona was overshadowed by the merger between Wallapop and Letgo in the US market that resulted in Letgo raising a round of €90 million. However, there have been other encouraging examples from Barcelona, such as ABA English which raised 12 million from Nauta Capital and Kennet Partners. Other multimillion startup rounds include … [Read more...]
Want A Sneak Peak At The New BCN Tech Hub Pier 01?
As we disclosed a couple of weeks ago, the new tech hub in Barcelona located in Palau De Mar, is planned to open in July. The contractors are working day and night to paint, tear down walls, and wire the place up. All so 80 tech companies can house the 10.000m2 building at the beautiful waterfront in Barcelona. We asked the CEO Miquel Marti if we could give you a … [Read more...]
Pier 01, Barcelona’s New Startup Headquarters, Will House 1000 People
The new entrepreneurial headquarters in Barcelona has a name: Pier 01. The building which until now has been home to the Historical Museum of Catalunya, will be filled with around 70 cutting edge startups - counting around 1000 workers in total. Well-known companies such as Holaluz, Letgo, Tiendeo and Byhours are already working inside the 10.000 square … [Read more...]
Barcelona Marketplace Merger: Wallapop + Letgo = Letgo
UPDATED: MAY 12, 2016 On Tuesday, we reported on rumors concerning a merger between Wallapop and Letgo, the Barcelona-based marketplaces. The merger is now a fact, and as the rumors said, its only for the US market. The two second-hand marketplaces will now go under Letgo's name. In addition to the merger, €100 million in funding will be injected by existing shareholders, … [Read more...]