Good month for venture capital
In May, venture capital has been reactivated, according to TTR In Spain, a total of 17 operations were carried out and capital of €1,632.6M was mobilised, surpassing all annual records. Specifically, the data show an increase compared to April of 88.89% in the number of operations and 1,159.82% in the capital mobilised.
This reactivation is mainly the result of the closing of major transactions such as the acquisition of Neinor from Kutxabank by the US fund Lone Star (€930M) or the divestment of MCH and Trilantic Capital Partners strategies in Talgo through its IPO (€569.57M).
The key startups Spanish companies generated more than €39m of investment in the last week of May alone.
Only during the last seven days of May did the startups The Spanish funds raised more than €39M, almost the same amount that was invested in the whole of the first four months of 2014 (€43.4M).
"This figure has been achieved mainly because of the large operations that have been concluded in Job&Talent (€23 M), Kantox(9.98 M) and Ulabox (€5M)," says Diego Gutierrez. from abra-invest
In the first quarter of 2015, more than €109M was invested in a total of 48 rounds, which represents 152% more investment raised than in the same period last year. The vast majority of the investments were participated or led by foreign venture capital funds, 17% of the capital invested came from Spanish funds and business angels, which places Spain in the international investment landscape.
Spanish startups are "maturing", not only the number of startups in the ecosystem is growing, but also their "quality". More and more Spanish startups are becoming strong and competing in the international market.
If you are looking for public or private financing, please contact us on +34-946424142, Abra-invest has an expert team at your disposal.
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