Due to the good performance of the Fondico Global fund of funds two years ago, ICO has decided to increase the FOND-ICO Global endowment by €300M, from €1,200M to €1,500M.
Spanish biotechs go public
It is not uncommon for the biotech sector to be punished at times in the stock market because of traditional bubbles and high valuations. However, the S&P Biotechnology select Industry index shows that the situation has improved and has risen by 11% since January. Moreover, of the just over 200 biotechs listed on Wall Street, none of them have a sell recommendation. In fact, experts are betting to buy or overweight around 190 of them.
The use of technologies in the energy sector opens up a wide range of possibilities
According to a study by Price, the energy and power sector will see unprecedented change in the coming years. 97% of executives from the industry's leading companies expect the market to be significantly transformed by 2020. In this process of change, technology will play a major role. Today we want to highlight Spanish projects that are making innovations in the field of energy such as Vortex, Green Momit, Eolgreen or Challengers 15.
Government earmarks 90 million euros to boost the Language Technologies industry
The main objective of the Language Technologies Promotion Plan, which aims to boost the industry that researches and develops applications and technological solutions linked to Natural Language Processing (NLP), is part of the Digital Agenda plan for Spain and has a budget of €90 million between 2016 and 2020. Of this €90M, €14M will be invested next year.
Major funds set their sights on Spain's renewables sector
The approval of a new regulatory framework for renewables has increased the sector's attractiveness for investors. According to a study by EY, Spain has led in the second quarter of the year in M&A operations in energy, and large investment funds have made the leap from the brick sector to renewable energies in our country.
Uniplaces, Incubout, Tviso and Galgo Medical receive funding in the first week of November.
4 technology startups with presence in our country receive funding in the first week of November 2015. These startups are a clear example of the sectors that are receiving support from investors. The software sector, online booking and aggregators and digital marketing.
Presentation of the Erasmus Plus call for proposals for 2016
The ERASMUS+ programme is the main instrument of the EU youth, education and training policy managed by the European Union and the national agencies in each country, in Spain SEPI and Injuve. The programme funds innovative actions in the field of youth, education and training for the creation of training materials, development of innovative methodologies, development of certificates and development of tools for the evaluation of training.
Acquisitions in the online marketing sector: internet Advantage and Markitude
"The digital marketing sector is starting a consolidation process and that is why we are taking advantage of our financial strength to play a relevant role in this new environment of Mergers and Acquisitions within the digital industry in Spain"...
E-commerce technologies get funding
Who said that investment in e-commerce was a thing of the past? The percentage of people who shop online every day continues to grow and this means that companies are having to jump on the "online bandwagon". According to data from the National Commission for Markets and Competition (CNMC), there are 27 million internet users in Spain and almost 12 million of them shop online. In the last six months we have witnessed two Spanish technology companies to boost online sales that have received a large amount of funding.
October 2015: Funding for the biotech sector: InnoUp Farma and Oryzon Genomics and Mind The Byte
In the second half of October we have witnessed that two Spanish companies focused on cancer treatment solutions have received funding. In addition, the largest deal in Crowdequity for the biotech sector has also been closed. The protagonist of this operation has been Mind The byte.
H2020 Grants for the e-health sector 2016- 2017
As we have already mentioned in previous posts, the e-health sector is a sector with a lot of potential that is receiving support from investors. In the last year several Spanish e-health companies such as Psios, TopDoctors and IglobalMed have received funding in the sector and we would like to share them with you.
Alteryx receives $85M in its third round
Alteryx is a company that provides tools for intuitive workflows for data blending and advanced analytics. This company founded in 2010 has received a total of $163M in 4 rounds of funding, yesterday it just announced its latest round,...