{"id":42185,"date":"2014-01-09T00:00:00","date_gmt":"2014-01-08T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/2013-el-74-de-las-operaciones-de-capital-riesgo-para-pymes\/"},"modified":"2025-03-12T11:25:15","modified_gmt":"2025-03-12T10:25:15","slug":"2013-el-74-de-las-operaciones-de-capital-riesgo-para-pymes","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/2013-el-74-de-las-operaciones-de-capital-riesgo-para-pymes\/","title":{"rendered":"2013: the 74% of venture capital operations for SMEs"},"content":{"rendered":"
Although the investment<\/strong> throughout the whole of 2013 it was much lower than that carried out in 2012, during the second half of the year there has been a very significant recovery, registering \u20ac1,200m. Furthermore, several recently announced transactions suggest that activity will be good in the coming months.<\/span><\/address>\n

\u00a0<\/p>\n

The main SME protagonist<\/strong><\/span><\/p>\n

According to\u00a0ASCRI<\/span><\/a><\/span>, 74% of the transactions were small, involving less than \u20ac1 million in capital; nearly 4% were mid-market transactions; and only three transactions exceeded \u20ac100 million. It is important to note that 90.71 per cent were transactions involving less than 5 million euros in capital, which shows that the recipients of venture capital were, above all, Spanish SMEs in the start-up and expansion phases.<\/span><\/p>\n

\u201cAlthough large transactions are carried out by foreign funds, the increase in investment activity in high-growth SMEs provides a good outlook for the future. We believe it is also very important that investments are focused on specific business sectors where Spain should excel in the future as it has done in the past, comments Diego Gutierrez, an SME financing specialist at\u00a0Abra Invest.<\/span><\/a><\/span><\/span><\/p>\n

The number of early-stage transactions has also been significant (36% of total transactions, although this only represents a total investment volume of \u20ac75.6M). Some transactions Venture Capital<\/strong> highlights of the year 2013 were those of\u00a0Adara\u00a0<\/span><\/a><\/span>and\u00a0Neotec<\/span><\/span>\u00a0<\/a>(and other international investors) in\u00a0Alien Vault<\/span><\/span>\u00a0(IT security),\u00a0Ysios Capital<\/span><\/a><\/span>\u00a0and\u00a0Caixa Capital Risc\u00a0<\/span><\/span>(and other international investors) in\u00a0Stat Diagn\u00f3stica<\/span><\/a><\/span>,\u00a0Axis<\/span><\/a><\/span>\u00a0and\u00a0CCMP\u00a0<\/span><\/a><\/span>in\u00a0Volotea<\/span><\/a><\/span>,\u00a0Seaya Ventures<\/span><\/a>\u00a0in\u00a0Plenummedia\u00a0<\/span><\/span>and\u00a0Subtract it<\/span><\/span>,\u00a0Ysios Capital\u00a0<\/span><\/a><\/span>in\u00a0VCRX<\/span>\u00a0and\u00a0Telef\u00f3nica Ventures<\/span><\/span><\/span>\u00a0in\u00a0Box.<\/span><\/a><\/span><\/span><\/p>\n

A total investment of \u20ac1,701m for 462 investments<\/strong><\/span><\/p>\n

\u20ac1,701 million across 462 transactions, representing a fall of 31% in volume and 15% in the number of transactions compared with activity in 2012. We are therefore still a long way from pre-crisis levels of activity, which stood at over 3,000\u20134,000 million euros. International funds accounted for 51% of the volume invested in 2013, with 14 transactions (involving 23 operators).<\/span><\/p>","protected":false},"excerpt":{"rendered":"

Although investment throughout 2013 was much lower than in 2012, the second half of the year saw a significant rebound to \u20ac1.2 billion. In addition, several recently announced transactions bode well for activity in the coming months. \u00a0<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2277],"tags":[171],"sectores":[],"tipo-contenido":[2260],"class_list":["post-42185","post","type-post","status-publish","format-standard","hentry","category-multiplos-de-empresas-cotizadas","tag-capital-riesgo","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=42185"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42185\/revisions"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=42185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=42185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=42185"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=42185"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=42185"}],"curies":[{"name":"well played","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}