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  /  lifestyle   /  OnTruck raises €2 million from Point Nine Capital, LocalGlobe and Samaipata

OnTruck raises €2 million from Point Nine Capital, LocalGlobe and Samaipata

  • Madrid-based Freight delivery startup OnTruck announced a €2 million round from Point Nine Capital (one of the first investors in Typeform), LocalGlobe (a London-based firm co-founded by Saul and Robin Klein) and Samaipata Ventures.

OnTruck is currently active in Madrid and Barcelona and plans to expand to other Spanish cities in coming months, as well as Germany and the UK. The company is led by Antonio Lu and Inigo Juantegui, the latter the co-founder of La Nevera Roja. This is LocalGlobe’s second investment in a Spanish startup, following its previous deal in TravelPerk.

  • Today was a slow news day in Spain, so just one additional link: Spanish taxi drivers are working on app to compete with the likes of Uber, MyTaxi or Cabify. Too little too late.