Good news for Spanish biotech, Iproteos has received a €1.5M round. Oryzon, which has been receiving venture capital backing since 2009, was able to go public last year and this week, after the good results published for its product, its share price has risen by 40%.
Canada's Enghouse Systems buys Presence Technology for €15.8M
Enghouse, with the acquisition of the company Presence, is another in a wave of acquisitions in the software technology sector with the aim of growing in the Spanish-speaking market.
New funds in the tech ecosystem: Uninvest, 4Founders Capital and Inveready
In the first half of November, new funds for the technology sector were announced and will come to the market in early 2017.
Mab companies increase capital: Agile and Secuoya
Mab-listed audiovisual media companies Agile and Secuoya want to grow, either through acquisitions or new projects. To do so, Agile and Secuoya have decided to raise capital in order to do so.
Swiss company Acutronic Robotics buys Bilbao-based Erle Robotics
Basque company Erle Robotics, which develops drones and other robotic devices, has just been acquired by Swiss company Acutronic, which will allow it to 'play in a new global league and drive the next generation of robotic solutions for industry' according to its founders.
Verse, Satlantis, Untruck young Spanish companies receive investment for growth
In the last month we have seen Spanish technology companies in potential niche markets that have decided to count on the support of venture capital to grow and be able to compete internationally. From fintech applications such as Verse, to space imaging companies such as Satlantis.
GfI buys Spanish BPO specialist Efron Consulting
The French multinational is seeking to enter the Latin American market and strengthen its position in the banking and insurance sector.
Cdti approves 17 projects in the ICT sector in October
17 Spanish companies in the ICT sector received funding from the Cdti in October. Among the subsectors in which they operate, energy and industry 4.0 stand out. The Cdti, which depends on the Ministry of Economy, finances innovation and technological development of Spanish companies, with a budget of 1,792 million euros for 2016.
Tecnocom's turnover has grown by 5% so far this year and its shares have appreciated by 197%.
Tecnocom is a Spanish technology company listed on the Madrid Stock Exchange since 1987. In 2006, Tecnocom began a corporate expansion process with the aim of becoming a leader in the Spanish information technology market. It currently offers consultancy and outsourcing services for the development, maintenance and support of computer applications for different sectors such as banking, insurance, public administration and industry. Although it operates in the international market, 80% of its sales come from national clients.
Ysios invests in French cardiac device maker CorWave
A month after announcing the closing of its second fund, Ysios has invested in French company CorWave. Thus entering a market that is moving a lot of money, cardiac assistance devices. This round is the first French investment by Ysios, which in addition to Spain has invested in the US, the Netherlands, Belgium, Switzerland and Sweden.
BBVA continues its commitment to Fintech, invests in Hixme Inc.
BBVA continues to believe that a technological renovation of the banking industry is necessary to be able to face the new business models in the financial sector, although for the moment the results of its investees are not being satisfactory. Proof of this is that in February this year it expanded its fund to invest in fintech to $250M, has carried out 4 operations so far this year and has announced that it intends to invest in Latin America in a short period of time.
Nuance Communications acquires Agnitio, a Spanish biometrics company.
Nuance, the developer of the voice recognition technology used by the Siri virtual assistant, has acquired Spanish company Agnitio, which focuses on providing solutions for forensic applications as well as fraud prevention.