The Ministry of Industry, Energy and Tourism is aware of the benefits of implementing smart cities both for citizens and for the development of ICTs and has decided to launch the National Smart Cities Plan, implementing new measures that will involve the mobilisation of a volume of resources close to €153M.
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New funds for ICTs, Bio and internalisation (May)
If the other day we talked about the new funds created in the energy sector, today it is the turn of other new funds such as ICT and bio. Cofides has also created a fund together with Oman SGRF to support Spanish companies with internationalisation plans in the Middle East and Oman.
Venture capital: Solution for industry. Carbures, Litalsa and composite plastics
In May, we have witnessed that venture capital is once again interested in the industry to help it grow and become strong abroad. Carbures has received funding from Black Toro, Realza has acquired a stake in Litalsa and Plásticos Compuestos has received funding from La Caixa and the ICF.
Tech startup funding rounds in June
In June 2015, more than 15 technology startups received funding. Among the most active sub-sectors this month are medical-related startups, which received 4 rounds, IOT and mobile apps.
Siroco capital Engie, and Fondico: New venture capital funds
As we saw in our post last week, venture capital is in a good moment in Spain. If in May we had already talked about the creation of new technology venture capital funds, now we have news that Fondi-ico, the fund of funds has opened its 5th call. We have also recently heard about the creation of new funds for the energy sector, such as Siroco Capital and Engie.
Biotech sector operations in June
So far in June, two Spanish biotech companies have completed financing rounds, Histocell and Biótica, which supports the conclusion reached by experts in the sector on cyt 60 minutes. "The 21st century will be the century of biotechnology with more than 500 companies created in the sector in the first decade".
Investment in Spain registers record figures in May 2015
The investment made in Spain in May is a sign of the reactivation of the economy and the confidence that investors are having in our country.
Food2u, Vcentral and Spec: Mergers & Acquisitions Tech Startups May
According to an International TechTalk report, the technology industry generated $84,000M in mergers and acquisitions during the first quarter of 2015. Companies want to grow at a time when there is so much competition in the market. Below we detail the M&A operations that have had Spanish companies as protagonists in May.
Psious, TopDoctors, IglobalMed: Health 2.0 startups receive funding
In the last month we have seen how health 2.0 startups in Spain such as Psious, Top Doctors and iGlobalMed have received funding to grow and gain a foothold in the international market. This is a sign that our country is gradually joining this trend that is growing in countries such as the USA.
Ticketbit, MyTripleA, ITM platform, Monkimum, Minube and more tech startups get funding in April
In the month of April we have witnessed numerous rounds of funding in technology startups. Some of them, such as Ticketbit or MytripleA have raised high amounts, which is unusual for Spanish companies and is a sign that Spain is gradually becoming stronger in the technology world. In addition, the main objective of most of the rounds is to consolidate the presence of the startups in the international market.
Dietox receives round of funding and Naturhouse goes public
Companies that offer solutions to get fit in a healthy and natural way are growing. In April we have witnessed how Dietox has received a round of funding and Naturhouse has gone public.
Major Spanish participation in H2020 2014
495 Spanish companies obtained funding in 2014 from H2020 to finance R&D&I projects, ranking third in the EU-28. In addition, Spanish companies lead the SME instrument programme.