26 funds in 3 different categories: Expansion Capital, Venture Capital and Incubation, participated in the 7th Fondico call. Of these 26 funds, 9 have been selected, three in each category. Fondico will distribute €157M among these funds. Given the multiplier effect generated by this instrument, the funds participating thanks to this call will invest a minimum of €660M in Spain, which is 4.2 times the amount of €157M committed by FOND-ICO Global.
Altia is a technology consultancy based in A Coruña, which in 2010 went public on the MAB and in the first six months of the year has managed to improve its numbers, compared to the same period of the previous year: a net profit of more than €2.9M (+28 % )an increase of 15 %...
The two companies that have grown the most in the Mab in 2016 are focused on the software sector. Facephi is an example of a company that in 2016 is seeing a recovery after difficult years, while Alitia is an example of a company that Mab has helped to grow to become one of the leaders in its sector.
Venture capital is investing a lot of money in unlisted technology companies. The company they are betting the most on is Uber, with a valuation of €60.9 billion. How are these companies valued?
The CDTI has approved 51 new R&D&I projects with a total budget amounting to €37M. Several of these projects are focused on the biotechnology food technology and health sector. Do you want to know what kind of projects it is funding?
52 companies are participating in the development of these projects, 69.21% of which are SMEs. Eleven of the 51 projects closed in September belong to the field of ICTs. Another significant fact is that of the total number of companies involved, 23, i.e. 44%, are receiving Cdti funding for the first time.
MAB companies have started the new year with growth. Some, such as Eurona Wireless, have carried out capital increases in order to finance acquisitions, while others, such as Agile Content, have announced the purchase of companies. In addition, Inkemia has increased its shareholdings in its group companies through capital increases.
The success of this H2020 SME Instrument programme since 2014 has led to an increase in the 2017 budget to a total of M 437.5€.
In July, two new companies joined the MAB in the expansion capital category. One in the biotechnology sector, Atrys Health, and another in the telecommunications sector, Voztelecom. In addition, listed companies such as Mosmovil and Ab Biotics are making deals.
Fast track innovation is a grant within the H2020 framework, to finance activities of commercialisation of products but also services, processes and business models, carried out between 3 and 5 entities from at least 3 EU countries or associated members. This grant started in 2015, with 3 calls per year and in 2016 has followed the same plan. The last call will open in October.
Atrys will make its debut tomorrow on the MAB, after receiving the approval of the MAB incorporations committee. The company, which is the 35th company to be listed in the growth company category, is engaged in the provision of diagnostic services and medical treatments and the development of new therapeutic modalities and diagnostic tools.
The Board of Directors of the Centre for the Development of Industrial Technology (CDTI), a body attached to the Ministry of Economy and Competitiveness, has approved 125 new R&D&I projects with a total budget of more than 85 million euros.....