Check out @Tracxn's latest #GeoMonthlyReport on #Tech rebrand.ly/rcr3qov For more #free #Monthly #StartupReports on geography of your interest, subscribe here: https://rb.gy/3yuosu

1. TRACXN MONTHLY REPORT
JULY 2021
SPAIN TECH

2. Spain Tech - July 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 7
Top Funded Business Models - last 1
year
8
New Analyst Picks 9
Acquisitions 12
Recent News 14

3. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Spain Tech Snapshot – July 2021
Spain Tech: Snapshot – July 2021
Note : "Investors" refers to "Institutional Investors" only
3
$133M
6
Overall Geo Stats
9
12
28
30
12
Funding Rounds $ Invested Analyst Picks
Colvin Upgraded
to SOONICORN
New Investors
Eurazeo
JetBlue Technology
Ventures
Series A+
rounds
Active Investors IPOs Acquisitions
BLOK#@
Indenova#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Madrid
(6 Rounds, $47.1M)
Barcelona
(3 Rounds, $84.1M)
Murcia
(3 Rounds, $84.1M)
San Sebastian De
Los Reyes
(3 Rounds, $84.1M)
$53.1M - Series C
Colvin (2016, Barcelona, $80.1M)
$30M - Series C
Exoticca (2013, Barcelona, $53M)
$16.5M - Series A
Cobee (2018, Madrid, $19.2M)
$16.3M - Seed
Ritmo (2020, Madrid, $16.3M)
Sabadell Venture
Capital
(2 Investments)
Kibo Ventures
(2 Investments)
Bonsai Partners
(2 Investments)
Encomenda
(2 Investments)
Online Gifting
Colvin
Online Travel
Exoticca
Payments
Cobee
Finance & Accounting Tech
Market Size
Companies Covered 9,750
Funded Companies 2,468
Total Funding $7.4B
Funding in last 12 months $2.1B
Top Exits
IPOs 32
Acquisitions 358
Company Stage
Unicorns 2
Soonicorns 20
Minicorns 136
Editor Picks 831
Series A+ 402
Series C+ 81
Acqui-Hires 3
Deadpooled 896
Top Cities
Barcelona (767 Rounds, $3.8B)
Madrid (545 Rounds, $2.1B)
Top Investors
Caixa Capital Risc (112
Investments)
Inveready (93 Investments)

4. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Spain Tech as of July 2021
Spain Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (July 2021)*
Colvin
(2016, Barcelona, $80.1M)
$53.1M - Series C Eurazeo
Exoticca
(2013, Barcelona, $53.0M)
$30.0M - Series C 14W
Cobee
(2018, Madrid, $19.2M)
$16.5M - Series A Balderton Capital
Ritmo
(2020, Madrid, $16.3M)
$16.3M - Seed JME Venture Capital
Trucksters
(2017, Madrid, $9.9M)
$7.5M - Series A Kibo Ventures
Tinybird
(2019, Madrid, $3.0M)
$3.0M - Seed Crane
Transparent Intelligence
(2016, Madrid, $2.8M)
$2.8M - Seed JetBlue Technology Ventures
Oliva
(2020, , $2.2M)
$2.2M - Seed Moonfire
PROMOS
(, Madrid, $1.0M)
$1.0M - Seed Change Ventures
Cafler
(2014, Barcelona, $945K)
$945K - Seed Encomenda
*Shows only the lead Investors

5. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (1/2)
List of Funding Rounds in Spain Tech in July 2021
Spain Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$30.0M - Series C
Exoticca (2013, Barcelona, $53.0M)
Online travel agency providing holiday packages
14W, Mangrove Capital Partners, Milano
Investment Partners, Aldea Ventures, Bonsai
Partners, and 3 more
LATE STAGE
$53.1M - Series C
Colvin (2016, Barcelona, $80.1M)
Online retail platform for flowers and bouquets
Eurazeo, , Capagro
LATE STAGE
PE
Cella Medical Solutions (2016, Murcia)
Provider of cloud-based 3D printed medical
models and surgical guides
Moira Capital Partners
EARLY STAGE
$7.5M - Series A
Trucksters (2017, Madrid, $9.9M)
Online marketplace for on-demand truck drivers
Kibo Ventures, Amplifier, Bonsai Partners, Sacha
Michaud
EARLY STAGE
$16.5M - Series A
Cobee (2018, Madrid, $19.2M)
Employee benefits cards
Balderton Capital, Target Global, Encomenda,
Lanai Partners, Speedinvest
EARLY STAGE
Series A
UAV Navigation (2004, San Sebastian De Los
Reyes)
Builds navigation and autopilot solutions for drones
Grupo Oesía
SEED STAGE
$944.9K - Seed
Cafler (2014, Barcelona, $944.9K)
Provider of aftermarket services for vehicles
Encomenda, Banco Sabadell
SEED STAGE
$1.0M - Seed
PROMOS (, Madrid, $1.0M)
App-based platform offering cashback and
coupons for groceries shopping
Change Ventures, Martin Villig, Andrius Slimas
SEED STAGE
$2.2M - Seed
Oliva (2020, , $2.2M)
Online platform for matching patients and
psychologists
Moonfire

6. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (2/2)
List of Funding Rounds in Spain Tech in July 2021
Spain Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
6
SEED STAGE
$2.8M - Seed
Transparent Intelligence (2016, Madrid,
$2.8M)
Real estate and hospitality market data analytics
provider
JetBlue Technology Ventures
SEED STAGE
$3.0M - Seed
Tinybird (2019, Madrid, $3.0M)
Platform for the API based analytics
Crane
SEED STAGE
$16.3M - Seed
Ritmo (2020, Madrid, $16.3M)
Online revenue-based financing platform for
e-commerce businesses
JME Venture Capital, Inveready, Wayra, Sabadell
Venture Capital, Bynd

7. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors
List of New Investors in Spain Tech in July 2021
Spain Tech: List of New Investors
7
Investor Company Info
Round
Amount
Round Name
Eurazeo
58 portfolio companies | Private equity investment firm
Colvin
Online retail platform for flowers and bouquets
$53.13M Series C
JetBlue Technology Ventures
25 portfolio companies | Travel industry focused Corporate VC firm
that makes investments in early stage startups in the US
Transparent Intelligence
Real estate and hospitality market data analytics provider
$2.80M Seed
Change Ventures
20 portfolio companies | Seed centric tech-focused micro-VC firm
funding companies in the Baltic
PROMOS
App-based platform offering cashback and coupons for
groceries shopping
$1.00M Seed
Capagro
19 portfolio companies | Tech & energy focused VC firm investing in
geographies such as France
Colvin
Online retail platform for flowers and bouquets
$53.13M Series C
Grupo Oesía
1 portfolio companies | Provider of IT services suite solutions
UAV Navigation
Builds navigation and autopilot solutions for drones
Undisclosed Series A
Aldea Ventures
4 portfolio companies | Fund of fund focused on multiple sector
Exoticca
Online travel agency providing holiday packages
$30.00M Series C
Amplifier
3 portfolio companies | Venture capital fund investing in seed & series
A startups
Trucksters
Online marketplace for on-demand truck drivers
$7.47M Series A
Crane
36 portfolio companies | Seed and early stage tech-focused VC firm
investing in geographies such as Europe,Asia and the US.
Tinybird
Platform for the API based analytics
$3.00M Seed
foodtech.vc
1 portfolio companies | The State of European Food Tech 2021 - by
Five Seasons Ventures & Dealroom
Colvin
Online retail platform for flowers and bouquets
$53.13M Series C

8. Spain Tech - July 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.
8
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲1 Food Ordering Platforms $660M 3 Glovo | $528M | Series F
2 ▼-1 B2C Hyperlocal Delivery $648M 2 Glovo | $528M | Series F
3 -- P2P Second Hand Marketplace $191M 1 Wallapop | $191M | Series G
4 ▲64 Corporate Travel Management Platforms $160M 1 TravelPerk | $160M | Series D
5 ▲4 Online Flower Retailer $53.1M 1 Colvin | $53.1M | Series C
6 -- Last Mile Ecommerce Delivery $53.0M 1 Paack | $53.0M | Series C
7 -- Kids Language Learning Platforms $50.0M 2 Lingokids | $40.0M | Series C
8 -- Kids English Learning Games $50.0M 2 Lingokids | $40.0M | Series C
9 ▲1 Open Banking Aggregation APIs $43.0M 1 Belvo | $43.0M | Series A
10 -- Online Consumer Services Providers $42.0M 2 Jeff | $21.0M | Series B

9. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (1/3)
Interesting Companies identified by Analysts in Spain Tech in July 2021
Spain Tech: Analyst Picks
9
Upgraded to SOONICORN
Colvin (2016, Barcelona, $53.1M, Series C)
Online retail platform for flowers and bouquets
Capagro, , Eurazeo and 13 other Investors
Upgraded to SOONICORN
Exoticca (2013, Barcelona, $2.3M, Venture
Debt)
Online travel agency providing holiday packages
Nero Ventures, Grupo Palau, Smartech Capital
and 16 other Investors
Upgraded to MINICORN
Cobee (2018, Madrid, $423K, Seed)
Employee benefits cards
Balderton Capital, Encomenda, Lanai Partners and
9 other Investors
Upgraded to MINICORN
Trucksters (2017, Madrid, $7.5M, Series A)
Online marketplace for on-demand truck drivers
Ángel Mayoral, Carlos Severino, Undanet and 15
other Investors
Upgraded to MINICORN
Ritmo (2020, Madrid, $16.3M, Seed)
Online revenue-based financing platform for
e-commerce businesses
Sabadell Venture Capital, Wayra, Lanai Partners
and 3 other Investors
Upgraded to MINICORN
Tinybird (2019, Madrid, $3.0M, Seed)
Platform for the API based analytics
Craneand
Added to Editor's Pick
UAV Navigation (2004, San Sebastian De Los
Reyes, Undisclosed, Series A)
Builds navigation and autopilot solutions for drones
Bullnet Capital,Grupo Oesíaand
Added to Editor's Pick
Nook Games (2020, Madrid, Unfunded)
Mobile game developer focusing on casual games
Added to Editor's Pick
Basketball Stats Assistant (2020,
Barcelona, Unfunded)
Offers an app for tracking basketball statistics
Added to Editor's Pick
LuvYa (2020, Valls, Unfunded)
Provider of blind dating platform

10. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (2/3)
Interesting Companies identified by Analysts in Spain Tech in July 2021
Spain Tech: Analyst Picks
10
Added to Editor's Pick
Cafler (2014, Barcelona, $945K, Seed)
Provider of aftermarket services for vehicles
Encomenda,Banco Sabadelland
Added to Editor's Pick
QuimicaCristiana (2014, Madrid, Unfunded)
Provider of religion based dating platform
Added to Editor's Pick
AmorEsporadico (2011, Madrid, Unfunded)
Provider of a dating platform based on mutual likes
Added to Editor's Pick
Twilala (2016, Castelldefels, Unfunded)
App-based platform for messaging to connect with
random people
Added to Editor's Pick
Educabrains (2021, Bilbao, Unfunded)
AI and app-based platform allowing students to
learn math
Added to Editor's Pick
oSIGris (2017, A Coruna, Unfunded)
Provider of geolocation-based farm management
software solutions
Added to Editor's Pick
Proactivanet (2001, Gijon, Unfunded)
Cloud based IT service management software
provider
Added to Editor's Pick
North Surveying (2010, Barcelona, Unfunded)
Manufacturer of a GPS and RTK-based positioning
system for various industries
Added to Editor's Pick
PROMOS (, Madrid, $1.0M, Seed)
App-based platform offering cashback and
coupons for groceries shopping
Martin Villig,Change Ventures,Andrius Slimasand
Added to Editor's Pick
Sayme (2018, Unfunded)
Provider of cloud-based IoT sensors for multiple
industries
Added to Editor's Pick
Mobifriends (2005, Barcelona, Unfunded)
Online listing platform for matchmaking
Added to Editor's Pick
Enerlogix (2013, Irun, Unfunded)
AI-driven platform offering HVAC management
solutions for commercial applications
Bind 4.0and

11. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (3/3)
Interesting Companies identified by Analysts in Spain Tech in July 2021
Spain Tech: Analyst Picks
11
Added to Editor's Pick
Sticker Control (2017, Madrid, Unfunded)
Provider of IoT-based assets monitoring & tracking
system
Bind 4.0and
Added to Editor's Pick
Bettair Cities (2017, L'Hospitalet de Llobregat,
Unfunded)
Provider of IoT-enabled air quality monitoring
solutions
Transatlantic Riseand
Added to Editor's Pick
Flaticon (2013, Malaga, Unfunded)
Platform offering icons and stickers for projects
Added to Editor's Pick
foto-app.es (, Unfunded)
Provider of collaborative photo-sharing platform
Added to Editor's Pick
AsyncAPI (2019, Badajoz, Unfunded)
Provider of API management platform
Added to Editor's Pick
Arsoft (2013, Salamanca, Unfunded)
Provider of AR/VR-based solutions for industrial
applications
Added to Editor's Pick
Hits Book (2017, Huercal Overa, Unfunded)
Cloud based user generated content platform
Added to Editor's Pick
Radar COVID (2020, Unfunded)
Provider of social distancing monitoring app for
individuals

12. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions (1/2)
List of Acquisitions in Spain Tech in July 2021
Spain Tech: Acquisitions
12
Acq.
Date
Company Acquirer Deal Size
01 Jul 2021
BLOK(2021, Barcelona)
Platform offering multi-category grocery products
Getir
01 Jul 2021
Indenova(2004, Valencia)
Cloud-based electronic signature and business process
management solutions provider
Lleida.net $8.4M
05 Jul 2021
Sodeinn(2013, Madrid)
Provider of dietary food supplements for multiple ailments
Ordesa
06 Jul 2021
Owasys(2002, Derio)
Developer of gateways for IoT
HMS Networks
08 Jul 2021
Electronic Identification(2016, Madrid)
Digital identification and e-Signature solutions
Signicat
08 Jul 2021
Igenomix(2009, Paterna)
Genetic testing research & services in reproductive health
Vitrolife
08 Jul 2021
SAS(1989, Lleida)
Manufacturer and distributor of sustainable plant nutrition
products
Stirling Square Capital
Partners
13 Jul 2021
Blueliv(2009, Barcelona, $8.3M)
Provider of cloud-based threat intelligence platform
Outpost24
20 Jul 2021
ASTI Mobile Robotics(1982, Burgos)
Provider of mobile robots for intralogistics across multiple
enterprise sectors
ABB
23 Jul 2021
Recamasa(1985, San Fernando De Henares)
Online platform for industrial equipment rentals
GAM $8.2M

13. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions (2/2)
List of Acquisitions in Spain Tech in July 2021
Spain Tech: Acquisitions
13
Acq.
Date
Company Acquirer Deal Size
27 Jul 2021
Bipi(2016, Madrid, $30.0M)
Online subscription-based car rental platform
RCi Bank & Services
28 Jul 2021
MyValue Solution(2009, Alcorcon)
Open banking aggregation APIs
connect.finleap

14. Spain Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Spain Tech in July 2021
Spain Tech:News
14
Exit News
.
● UK's JD Sports to buy 80% stake in Spanish online retailer Deporvillage
Reuters
.
● Instant grocery startup Getir makes its first acquisition to expand into
Spain and Italy TechCrunch
.
● ABB buys robot maker ASTI Mobile Robotics Group in automation push
Gadgets Now
.
● Cinven buys Restaurant Brands Iberia in EUR 1bn-plus deal Unquote
.
● EQT to sell Igenomix to Vitrolife PE Hub
.
● Signicat Acquires Encap Security to Create Mobile Identity and
Authentication Powerhouse ffnews.com
.
● Twitter acquiring Brief to build out news subscriptions Seeking Alpha
.
● Rci Banque: Rci Bank And Services Enters The Car Subscription Market
With The Acquisition Of The Company Bipi GlobeNewswire
.
People News
.
● OANDA strengthens leadership team; appoints Philip Holemans as CFO
CNW
.
● Bone Therapeutics appoints Anne Leselbaum, MD as Chief Medical
Officer GlobeNewswire
.
Company News
.
Regulatory News
.
● Cellnex, CK Hutchison UK tower deal stumbles MobileWorldLive
.
● Glovo fined in Italy over Foodinho’s use of algorithms Silicon Republic

15. Spain Tech - July 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
15
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

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the
information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or
sell the Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion
thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data
into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information.
For further information please refer to our Terms of Use at www.tracxn.com