Spanish startups received over €28M in February: report

- March 2, 2018

Spanish startups received €28.8 million in funding and investments in February, according to a report in Spain’s El Referente business media outlet on Thursday.

This number is down dramatically from January, which saw €214 million in investments with a large chunk of change going to Cabify at €130 million last month.

Topping the list of funded startups was Fever, which closed a round of €11 million, and Catalan startup Badi, which closed a round of €8 million.

Here were the top bread-winners for February, according to El Referente:

Fever: Based in Madrid, Barcelona, ​​Valencia, Seville, and Malaga, Fever obtained an injection of capital worth €9.5 million. The startup helps users decide where to go and what to do in each moment in a personalized way, offering the best inspired leisure plans.

Badi: the app to find the perfect roommate closed a round of financing Series A of €8.08M.

Read More: Roommate finding app Badi raises €8M in Series A funding

Blueliv: the cyber threat intelligence provider obtained €4M in a round led by Vento.

Holded: the startup based in Barcelona closed a round of €1.3 million. Holded is a management software for companies with billing, accounting, inventory, CRM, and projects on a single platform.

Biometric Vox: the Spanish startup that offers authentication solutions and advanced electronic signature through voice biometrics, raised a total of €1 million of seed capital from different investors.

Housfy: the technological platform that allows individuals to sell their home with full guarantee and without agency fees, got €1 million  of financing thanks to a convertible participative loan.

Wuolah: the exchange platform for student notes earned €1M in a new round of investment.

Mr. Noow: the mobile marketplace so that its users can discover, order and pay at restaurants in their area, closed an investment round of €600,000.

Read More: Abac Capital launches company to invest in Spanish startups’ seed rounds

Mission Box: the Andalucia startup for retailers closed a financing round for €500,000, which includes the ‘media for equity’ agreement that it reached with the Zeta Group last November.

Read More: Andalucia startup Mission Box closes investment with Grupo Zeta for 1% of company

Fiestify: the mobile application that brings together free and paid entertainment in the regions of Madrid and Valencia, closed a round of financing FFF (Friends, Family and Fools) worth €450,000.

Prontopiso: the online real estate specialist specializing in property chain that guarantees the sale of the home in 90 days, received €400,000 in public funding.

Lemonkey: the ‘low cost’ digital real estate company of integral management for owners closed a round of investment through Crowdcube for a value of €346,000.

Dribo: the platform that allows users to obtain the driving license through an online learning method, closed its first round of financing for a total of €250,000.

Read More: Dribo raises €250,000 to gamify, democratize and digitalize driver learning process

Netbeast: a technology startup closed a round of €183,184 through the Crowdcube to invest in the development and improvement of its control application for domotic homes.

Cositas de España: fashion ecommerce raised €110,000 in its first round of financing.

Tim Hinchliffe

Tim Hinchliffe the editor in chief at Novobrief. Previously, he was a reporter for The Ghanaian Chronicle in West Africa, and Colombia Reports in South America. Principal at Espacio.