Startup funding news:
- E-commerce startup MeQuedoUno raised €800,000 from undisclosed business angels and family offices
Startup exits:
- Mom2Mom has acquired ParaBebes (Grupo Intercom) for €1.6 million. Mom2Mom had raised €536,000 earlier this year
Startup news:
- Hemerotek profiled Bnext, a fintech startup that operates a marketplace of financial services. The company has just joined Plug and Play Spain accelerator and is raising €250,000 on Crowdcube
- Edtech startup Monkimun (Lingokids) has launched a feature to allow kids to learn English via video calls with native teachers
- US edtech startup edX, a result of the collaboration between Harvard and MIT, is about to open an office in Barcelona that will serve as its European headquarters
Big tech news:
- Telefonica says its TV service, Movistar+, could soon get rid of ads on paid channels
- Spain’s logistic companies reached sales of €1.1 billion in 2016 in services associated to e-commerce
Interesting reads:
- Daniel Lacalle published an interesting op-ed about European protectionism in the tech sector, arguing that what Brussels and local governments should do is worry less about taxing US tech giants and more about promoting new startups
- ‘Things you won’t often hear about innovation in the taxi sector’: Sintetia has an overview of alternative taxi and transportation companies that are not often talked about: