At the end of 2015, 9 companies in the expansion phase have debuted this year on the MAB, with a revenue of close to €100M. This represents an increase in the number of MAB companies of 30% compared to the end of 2014 and shows signs of optimism for 2016, in which companies such as BestPrice have already shown their interest in listing on the MAB.
New funds for 2016: Sabadell, Caixa Capital risk, Samapaita Ventures and others.
Venture capital for technology companies has gained momentum in 2015 with investment exceeding €585M, as stated in a report by ASCRI. This is largely due to the fact that there is money to invest as there are many non-tech investors who are being bitten by the technology bug and that the state, through the ICO, is subsidising the sector with €1.5 billion for funds. Many funds are expected to be raised in 2016.
The new call for R&D projects will soon be open for the 2017 Collaboration Challenges
The aim of Retos-Colaboración is to promote experimental development projects in collaboration between companies and research organisations. Last year, this aid has been novel in that SMEs in the autonomous communities of Andalusia, the Canary Islands, Castile-La Mancha, Ceuta, Extremadura, Galicia, Melilla, Asturias and Murcia received grants to finance their actions in 2016.
Industrial innovation in the Basque Country attracts investors: Ikor and Laulagun Bearings
Investors, both venture capitalists and corporations, see the industrial innovation being developed in the Basque Country as a source of opportunities. This week we have learned that a German group has bought the 50% of the Basque company Ikor with the aim of incorporating its innovation into its products. Portebello Capital has also bought a stake in Laulagun Bearings.
Aelix and Bionaturis receive funding for the development of vaccines
The development of new vaccines is a long and costly process in which it is often difficult to find funding, due to the uncertainty in the sector. However, it is necessary in order to find solutions to improve our health. This week...
Foreign investment in It outsourcing companies in Spain: Aubay buys castle
2015 has been a very active year in terms of acquisitions in the ICT sector. There have been operations of very high amounts such as the purchase of EMC by Dell for €67,000M. Spain has also been the protagonist of several acquisitions in the sector, one of the last purchases in the year was the purchase of Cast Info by the French company Aubay.
TSB sells its chronic care management subsidiary to multinational Air Liquide Healthcare
The introduction of new technologies in patient care services is a necessity for companies in the sector that want to be competitive. According to a study by Venture Watch Research for the first half of 2015, the e-health sector is the third leading sector in terms of investment in Spanish start-ups (8.8% of volume) behind financial technologies and tied with e-commerce (9.9% of volume each). This has led companies in the healthcare sector to take the plunge and invest in technology companies, such as the recent purchase of CHS by France's Air Liquide healthcare or the purchase of ThermiGen LLC by Almirall.
H2020 SME instrument - success stories
SME Instrument is a funding programme for SMEs that have the ambition to grow, develop and internationalise through an innovation project with a European dimension, high risk and business potential. The programme is developed in two phases. Phase 1 consists of the elaboration of a detailed Business Plan. Phase 2 consists of obtaining a prototype, demonstrator or pilot project close to the market.
McGraw hill buys Busuu: Publishers make the move into new technologies
The ways of learning are changing with new technologies. In recent years we have seen how online learning has been gaining ground over books. The big publishers have had to make a leap in their strategy and enter the online market in order to be able to compete in the market. Publishers such as Anaya have already made a turn in their strategy and have incorporated new technologies, while other publishers such as McGraw Hill have decided to enter the technological world by acquiring companies in the sector.
M&A in the tourism IT sector: Amadeus leads in buyouts
Amadeus, which has traditionally offered solutions for airlines, has invested more than €1.2 billion since 2013 in acquisitions to diversify its business and reduce its dependence on the airline business. In 2015, Amadeus acquired four companies to strengthen its position in the airport, hotel and travel agency travel sectors.
11 of the 31 projects selected in FTI 2015 have Spanish participation
Fast Track innovation is an initiative within the framework of H2020 that provides funding for near-market, business-driven projects. Proposals can be framed in any technological area as long as they foster cooperation between the...
Food sector active in procurement: Nutrition Sante, Portobello Capital and La Nevera Roja
In the food sector, competitors are buying each other out in order to enter new geographic markets and grow their business. One example is Nutrition & Santé, which has bought the Catalan company Biocentury. Private equity is also taking an interest in food. We have recently learned that Portobello has bought Iberia Congelados.