Springwater has entered the venture capital fund of the University of Santiago de Compostela, thus achieving the privatisation of the company, which was in the hands of three Galician universities. The privatisation of the company was necessary to raise funds from the ICO, which has limited its investment to managers and funds with a majority of private capital, forcing Uninvest - whose founding partners include Axis, the ICO's own venture capital company - to spend months analysing formulas for its survival. It has finally decided to consider the exit of universities and other public shareholders.
Crowdlending is winning market share from banks
In Spain, crowdlending with platforms such as Comunitae, has grown by 363% in the last 3 years, being the form of crowdfunding that has experienced the highest growth rate. Crowdlending is already considered a reliable possibility to raise money for companies. Banks around the world cannot remain indifferent to the fees that platforms are getting and are reacting in different ways.
DIGITAL ECONOMY AND SOCIETY STRATEGIC ACTION 2015 (AEESD)
The Aeesd 2015 call for proposals is expected to be launched by the end of April. The aim of the call is to develop the digital economy, reduce management costs in the administration and improve the service to citizens, strengthen the Spanish ICT sector as a source of economic growth and...
Sendabio with the help of Abra Invest closes investment round
In April 2015, the Basque biotech company Sendabio has closed an investment round with an industrial partner. This capital injection will enable it to address its growth plan with the internationalisation of its products, initially in Latin America. Sendabio has been advised by Abra Invest for the successful completion of the operation.
Innterconecta 2015 Programme
CDTI has announced the FEDER INNTERCONECTA call for experimental development projects in collaboration between communities with the aim of developing future technologies with international economic and commercial projection. As a novelty, this year it seems that it will be able to be interregional in nature.
Technology sectors showing signs of maturity in Spain
Spain occupies one of the top positions in the European Union in the development of Information and Communication Technologies (ICT), with some 30,000 companies, mostly SMEs, with a total turnover of €104.3 billion. Among the technology sectors showing signs of maturity are telecommunications, discount coupon companies and food delivery companies.
H2020 upcoming calls health 2015
In H2020, the European Union's flagship programme for research and innovation, health plays an important role, being the social challenge to which most funding is allocated. This year 2015, H2020 has a budget of €609.27M for the field of health, of which €543.50M will go to personalised and stratified medicine.
Basque mergers and acquisitions February 2015
Basque companies have been active in February 2015, with 5 mergers and acquisitions involving a Basque company, and 4 of them have involved foreign companies.
CDTI and CONCYTEC:Second Spain-Peru Bilateral Call for the Financing of Business Projects for Technological Development and Innovation
El CDTI (España) y el CONCYTEC (Perú, a través del FONDECYT), en el marco de su Acuerdo Institucional realizarán la «Segunda Llamada Bilateral de Colaboración Tecnológica Empresarial España-Perú» (2015.Fase I) y les invitan a presentar sus propuestas. Esta llamada permitirá seleccionar y financiar proyectos de I+D en colaboración entre empresas de ambos países.
Ecommerce second hand: Percentile, Kirondo, wallapop and other transactions
Second-hand e-commerce is becoming very successful in Spain. In February 2015 this sector has been the protagonist of two major operations, the purchase of Kirondo by Percentil and the financing round of Insight VP in Wallapop.
Operations Biotechnology February 2015
February 2015 has been an active month for the Biotech sector. Spanish venture capital has carried out large deals in both Spanish and foreign companies. In addition, mergers and acquisitions have also taken place in the sector.

What's new at the CDTI in 2014
In 2015 the CDTI expects to commit more than €900M in R&D&I projects. This represents an increase of 6% compared to 2014. From Abra-Invest we bring you the details of the CDTI's performance in 2014.