Celtic Plus is an industry-led Eureka cluster promoting European R&D projects in the areas of telecommunications, media, Future Internet and ICT applications and services. This year's winter call will be open from 26 February to 25 May. The conditions for this call are expected to be improved, companies will be able to get up to 50% of grant funding, without the need for a loan part.
Spain-based Spocat Fintech receives €31M
By 2016, investment in Spanish fintech companies is expected to triple and the number of companies operating in the sector is expected to double. 2015, with 78 companies operating in our country and funding of around €200M, has been the take-off of this sector in Spain, which according to Venture Watch was the protagonist of 9.6% of venture capital operations in Spain.
Spanish entrepreneurs committed to innovation receive funding:Olapic and Beabloo
An innovative entrepreneur is an entrepreneur who is able to differentiate his product from others even in highly competitive markets. Innovation provides an important strategic and competitive advantage and that is why it is so highly valued by investors. In this post we take as an example two Digital Marketing companies, Beabloo and Olapic, which in 2015 received large rounds that have attracted investors because of their great commitment to innovation.
The Oesia Group is restructured, giving less weight to banking and more to management.
In July 2015, the Oesía Network group restructured its shareholding, giving more prominence to its managers, who have been left with 44% and have carried out a new business plan in which more weight has been given to the engineering and security division.
Manunet call for participation in international manufacturing research projects open
Manunet is one of the European Commission's network of 15 partners and 8 associates from different countries and regions to promote transnational R&D projects in the field of advanced manufacturing. The call for proposals opened this month of...
Spanish startups growing through acquisitions: Parclick and Percentile
In recent years we have seen how Spanish startups have followed the strategy of buying Spanish and international startups to become leaders in their sector. Good examples of this strategy are Parclick, Percentil and GetApp.
Investors lose their fear of investing in biotechnology
In the last few months, three financing rounds totalling almost €70M have taken place in Spain, those of Sanifit, Minoryx and Aelix Therapeutics, and one IPO, that of Oryzon. These figures confirm the boom in the sector, not only for domestic investors but also for foreign investors. This January we have already seen investments such as Inveready's investment in Oncostellae and that of Aelix Therapeutics.
New forms of alternative financing are emerging: venture debt, media for equity or convertible notes.
With the boom of entrepreneurs that are emerging in our country and the refusal of banks to lend to this type of startups, we have been gradually adopting alternative forms of financing that were already in place in other countries in Europe and America, but that had not yet arrived here with force. These forms of financing include Media For Equity, convertible notes and Venture Debt.
Operational restructuring fund Quantum acquires subsidiary Stora Enso in Spain
Quantum Capital Partners, a German operational restructuring fund, has bought the Spanish subsidiary of the Scandinavian company Stora Enso, one of the world's leading paper producers, in order to carry out an operational restructuring.
Torres Quevedo' and 'Industrial Doctorates' next call for the recruitment of PhDs and PhD students
The aid, to which the State Secretariat for R&D&I has earmarked €18M, is aimed at hiring PhDs in companies and stimulating demand in the private sector for qualified personnel to carry out R&D projects, as well as helping to consolidate newly-created technology companies.
Renowned investors are interested in drones: Miguel Zorita former chairman of Deloitte and Alentia
According to CB Insights, 2015 was the year the drone industry took off, at least in terms of startup investment. In 2015, startups in the sector raised more than $450M in a total of 74 deals. This represents an increase of 111% in terms of number of deals and 300% in terms of amount invested. Although most of the deals have taken place in the US, in Spain we have also recently seen that drones are starting to attract investor interest.
M&A as a way to grow internationally: Seidor
Seidor, a Catalan company dedicated to providing IT services such as SAP, has decided to make the leap to the US and buy two companies: Crystal Clear Business and Quantum Software. This is yet another sign that Spanish ICT companies are going strong and are going all out, competing in the international market.