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1. TRACXN MONTHLY REPORT
MAY 2021
SPAIN TECH

2. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Spain Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 6
Top Funded Business Models - last 1 year 7
New Analyst Picks 8
Acquisitions 10
Recent News 11

3. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Spain Tech Snapshot – May 2021
Spain Tech: Snapshot – May 2021
Note : "Investors" refers to "Institutional Investors" only
3
$22.0M
4
Overall Geo Stats
4
2
12
13
7
Funding Rounds $ Invested Analyst Picks
Urbanitae
Upgraded to
MINICORN
New Investors
Primomiglio SGR
dozeninvestments.com
Series A+ rounds Active Investors IPOs Acquisitions
Suministros
Navarro#@
Lucas#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Madrid
(3 Rounds, $12.7M)
Barcelona
(1 Rounds, $3.7M)
Palleja
(1 Rounds, $1.9M)
Alcala De Henares
(1 Rounds, $1.3M)
$6.6M - Series A
Ifeel (2016, Madrid, $6.6M)
$3.7M - Seed
Pangea Aerospace (2018, Barcelona,
$7.3M)
$3.1M - Series A
Green Eagle Solutions (2012, Madrid,
$3.1M)
$3.0M - Series A
Urbanitae (2017, Madrid, $4.2M)
K Fund
(2 Investments)
Inveready
(1 Investments)
Kibo Ventures
(1 Investments)
Nauta Capital
(1 Investments)
Healthcare Booking Platforms
Ifeel
Aerospace Tech
Pangea Aerospace
NewSpace
Renewable Energy Tech
Green Eagle Solutions
Market Size
Companies Covered 9,040
Funded Companies 2,400
Total Funding $7.2B
Funding in last 12 months $2.1B
Top Exits
IPOs 32
Acquisitions 341
Company Stage
Unicorns 2
Soonicorns 17
Minicorns 137
Editor Picks 785
Series A+ 395
Series C+ 76
Acqui-Hires 3
Deadpooled 896
Top Cities
Barcelona (761 Rounds, $3.7B)
Madrid (530 Rounds, $2.0B)
Top Investors
Caixa Capital Risc (112 Investments)
Inveready (92 Investments)

4. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Spain Tech as of May 2021
Spain Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (May 2021)*
Ifeel
(2016, Madrid, $6.6M)
$6.6M - Series A Nauta Capital
Pangea Aerospace
(2018, Barcelona, $7.3M)
$3.7M - Seed Inveready
Green Eagle Solutions
(2012, Madrid, $3.1M)
$3.1M - Series A SET Ventures
Urbanitae
(2017, Madrid, $4.2M)
$3.0M - Series A
Beonprice
(2012, Villamayor, $6.8M)
$2.4M - Series A Adara
Moonoa
(2021, Palleja, $1.9M)
$1.9M - Seed 4Founders Capital
Narrativa Visualization
(2014, Alcala De Henares, $1.3M)
$1.3M - Seed
*Shows only the lead Investors

5. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds
List of Funding Rounds in Spain Tech in May 2021
Spain Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
EARLY STAGE
$2.4M - Series A
Beonprice (2012, Villamayor, $6.8M)
Revenue management solutions for hotels
Adara, CDTi, K Fund
EARLY STAGE
$3.0M - Series A
Urbanitae (2017, Madrid, $4.2M)
Crowdfunding platform focused on real estate projects
EARLY STAGE
$3.1M - Series A
Green Eagle Solutions (2012, Madrid, $3.1M)
Provider of software solutions for solar and wind
energy projects
SET Ventures, Kibo Ventures
EARLY STAGE
$6.6M - Series A
Ifeel (2016, Madrid, $6.6M)
Provider of telemedicine solutions for mental health
Nauta Capital
SEED STAGE
$1.3M - Seed
Narrativa Visualization (2014, Alcala De Henares,
$1.3M)
Computer Generated News Stories
SEED STAGE
$1.9M - Seed
Moonoa (2021, Palleja, $1.9M)
Provider of an online consultation platform for sleep
4Founders Capital, K Fund, Eneko Knorr, Albert
Armengol, Mario Bruggemann, and 2 more
SEED STAGE
$3.7M - Seed
Pangea Aerospace (2018, Barcelona, $7.3M)
Manufacturer of reusable launch vehicles for small
payloads
Inveready, , CDTI, Primomiglio SGR, E2MC

6. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors
List of New Investors in Spain Tech in May 2021
Spain Tech: List of New Investors
6
Investor Company Info Round Amount Round Name
Primomiglio SGR
18 portfolio companies | VC fund investing in technology startups
Pangea Aerospace
Manufacturer of reusable launch vehicles for small payloads
$3.66M Seed
dozeninvestments.com
1 portfolio companies | Dozen Investments — Plataforma de inversión en
Startups
Pangea Aerospace
Manufacturer of reusable launch vehicles for small payloads
$3.66M Seed
E2MC
2 portfolio companies | Venture capital firm investing in tech sectors
Pangea Aerospace
Manufacturer of reusable launch vehicles for small payloads
$3.66M Seed
Adara
2 portfolio companies | Venture capital firm investing in tech startups
Beonprice
Revenue management solutions for hotels
$2.44M Series A

7. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
7
Rank Business Model $ Funding # Rounds Top Funding Round
1 <> 0 Hyperlocal Delivery $648M 2 Glovo | $528M | Series F
2 <> 0 Food Ordering Platforms $648M 2 Glovo | $528M | Series F
3 --
Second Hand Goods > Multi Category > Marketplace >
Mobile-first
$191M 1 Wallapop | $191M | Series G
4 <> 0 Corporate Travel Platforms $160M 1 TravelPerk | $160M | Series D
5 <> 0 Insect Based Products $55.8M 1 MealFood Eur.. | $55.8M | Series A
6 -- Last Mile Ecommerce Delivery $53.0M 1 Paack | $53.0M | Series C
7 -- Online Consumer Services Providers $42.0M 2 Jeff | $21.0M | Series B
8 ▼-2 EV Plug in Chargers $40.0M 1 Wallbox | $40.0M | Series C
9 ▼-2 Four Wheeler EV Plug In Charger $40.0M 1 Wallbox | $40.0M | Series C
10 -- Digital Therapeutics for Mental Disorders $35.1M 1 Koa Health | $35.1M | Series A

8. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (1/2)
Interesting Companies identified by Analysts in Spain Tech in May 2021
Spain Tech: Analyst Picks
8
Upgraded to MINICORN
Urbanitae (2017, Madrid, $1.2M, Seed)
Crowdfunding platform focused on real estate projects
K Fund,All Iron,Viriditas Venturesand
Upgraded to MINICORN
Ifeel (2016, Madrid, $6.6M, Series A)
Provider of telemedicine solutions for mental health
Nauta Capitaland
Added to Editor's Pick
Digitanimal (2016, Madrid, $124K, Grant (prize
money))
Connected solution for tracking the location of the
cattle
Accelerace,IMPACT Acceleratorand
Added to Editor's Pick
Stackscale (2013, Madrid, Undisclosed, Unattributed)
IaaS, Private Cloud Storage made in Spain.
Invereadyand
Added to Editor's Pick
Watchity (2015, Barcelona, Unfunded)
Provider of live video platform for brands and events
Compasand
Added to Editor's Pick
Ritmo (2020, Madrid, Unfunded)
Online revenue-based financing platform for e-
commerce businesses
Lanai Partnersand
Added to Editor's Pick
3IN (2017, Malaga, Unfunded)
Provider of AR/VR-based industrial solutions
Added to Editor's Pick
citeday.com (2021, Barcelona, Unfunded)
Online platform to book beauty appointments
Added to Editor's Pick
Concila (2016, Barcelona, Unfunded)
Treasury management software for businesses
Added to Editor's Pick
Lummic (2019, Noain, Unfunded)
Memory-based mobile application for physical
exercises and sports training

9. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (2/2)
Interesting Companies identified by Analysts in Spain Tech in May 2021
Spain Tech: Analyst Picks
9
Added to Editor's Pick
InnogetCloud (2012, Barcelona, Unfunded)
Cloud-based software for innovation management
Added to Editor's Pick
Photonicsens (2017, Paterna, Unfunded)
Provider of depth sensing solution for AR/VR and AI
applications
Added to Editor's Pick
SynScan (2021, Unfunded)
Cyber risk & vulnerability assessment solutions
provider

10. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions
List of Acquisitions in Spain Tech in May 2021
Spain Tech: Acquisitions
10
Acq. Date Company Acquirer Deal Size
17 May 2021
Suministros Navarro(1962, Ontinyent)
Online distributor of industrial tools & equipment
Rubix
20 May 2021
Lucas(2019, Madrid)
Provider of a listing platform for rent to buy houses
Kodit.io

11. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Spain Tech in May 2021
Spain Tech:News
11
Exit News
.
● RealSelf Acquires YNS Group to Continue Their Global Vision of Making Every
Investment In Modern Beauty Worth ... PR Newswire
.
● Rubix Spain acquires Suministros Navarro Rubix
.
People News
.
● Hotelsbeds chairman steps down, new CEO appointed PhocusWire
.
● Hotelbeds appoints new CEO Trade Arabia

12. Spain Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Explore more on Tracxn
Explore more about Spain Tech on Tracxn Platform
Spain Tech: Explore more on Tracxn Platform
12
Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in Spain
AI Companies in Spain
Fintech Companies Spain
Consumer Digital in Spain
Company Due Diligence
Detailed profile of Glovo
Competitors of Cabify
Cap Tables of
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
Recent News
News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

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