Hotusa, crazy4media, Avet ventures and Victoria VC: New funds (April 2015)
29/05/2015
Diego Gutiérrez
Hotusa, crazy4media, Avet ventures and Victoria VC: New funds (April 2015)
It seems that venture capital is reactivating, in the month of April we have received news of the opening of new funds that have technology startups as protagonists.

 

Hotusa ventures: for the tourism sector

 The Spanish Group  Hotusa,  formed by companies from different areas of the tourism sector with almost 40 years of experience and activities in more than 100 countries, has now launched itself to support new projects for the sector and has created Hotusa Ventures.

 Hotusa Ventures will invest in innovative technology companies and startups focused on the hotel and tourism sector.

In its first year, it expects at least 75 new candidate projects to pass through its hands. The fund will provide financial resources and strategic development capabilities to the selected startups, so that the companies can consolidate both commercially and technologically.

Crazy4media: media for equity

Crazy4Media, an online and mobile marketing company from Seville, has created a tool -Crazy4 Media Venture Capital- to invest in Andalusian digital start-ups. They exchange advertising for business participation. To date it has carried out operations from €20,000.

"This investment model used by Crazy4media is called the media for equity. Media for equity has already been used in Germany and the UK for years and is now arriving in Spain with force from the anus of large media groups such as Atresmedia and Mediaset" says Diego Gutierrez from Abra-invest

Crazy4Media, founded in 2011, is based in Malta, has its headquarters in Seville and has offices in the United Kingdom, the United States and Mexico. It employs more than 60 people, 40 of whom are based in Spain.

In the digital advertising part of the business, they have some 900 companies in the sector as advertisers and since 2011 they have doubled their business at group level, expecting an increase of 40 percent this year. Last year it had a turnover of more than 15 million euros.

Avet ventures, new fund manager with the FonsInnocat and Highgrowth Innovation funds

 Avet Venturesis a Barcelona-based management company that has just started its activity by taking over the portfolio of investee companies of the FonsInnocat and Highgrowth Innovación funds.

Avet is preparing to launch a new fund of between $40M and $50M for technology startups, mainly focused on Software, Hadware and industry applications, as they see that these activities are underserved by venture capital.

 

Victoria ventures is born

A group of Catalan private investors have created the fund Victora Ventures to invest in technology companies emerging from universities, research centres and science parks.

The fund expects to have €5M, with the possibility of raising up to €15M and investing in a dozen projects over the next 3 years.

Preferred sectors include the following  clean technologies (water treatment, smart cities, renewables, recycling) and industrial (cross-cutting: technologies, processes, materials, etc.).

If you are looking for financing, do not hesitate to contact us on +34.946424142. ABRA-INVEST has a team with more than 10 years of experience to help you with whatever you need. 

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