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Posts Tagged ‘Madrid’

Laurel Bowden of VC firm 83North on the European deep tech and startup ecosystems

London and Tel Aviv based VC firm 83North has closed out its fifth fund at $300 million, as we reported earlier. It last raised a $250 million fund in 2017 and expects to continue the same investment mix, while tracking developments in emerging areas like healthcare AI and autonomous vehicles. In a conversation with general ...

Hubtype raises $1.1M to help developers build richer chat support

Barcelona-based Hubtype has raised a €1 million (~$1.1M) seed round led by Madrid-based early stage VC firm, K Fund. The team last raised when the business was founded, back in February 2016, when they took in €235,000 in a mix of public and angel funding. Hubtype targets enterprises and developers with customer service focused tools ...

Rules to rein in ride-hailing apps coming to Barcelona

Catalonia’s regional government in Spain has agreed new rules to regulate the vehicle for hire (VTCs) sector that will require ride-hailing companies such as Uber and Cabify to substantially change how they operate in Barcelona and other local cities as soon as this week. The changes have been agreed by decree, ahead of a planned ...

‘Anti-Uber’ taxi strikes kick off again in Spain

Taxi drivers in major cities in Spain are on strike again to apply pressure for more stringent regulations to control app rivals such as Uber and Cabify which they view as unfair competition. In Barcelona the taxi sector called an indefinite strike on Friday, using their vehicles to block Gran Vía in the Catalan capital, ...

Testing times for second wave scooter startups

Investors are still pouring millions into scooter startups, albeit sometimes at flat valuations. At the same time a little cash is flowing the other way, in cases where cities have realized the importance of prioritizing the needs of the local environment and its citizens, over and above the ambitions of VCs for a swift and lucrative ...

Mr Jeff bags $12M Series A to replace trips to the laundromat

If you thought the on-demand laundry space had run out of startup steam here’s a bit of a conditioner: Madrid-based startup, Mr Jeff, has bagged a $12M Series A, led by All Iron Ventures. The 2016-founded firm currently offers home laundry and dry cleaning services, including on-demand and monthly subscription options, in seven countries, with ...

Badi gets $30M for AI-aided room rentals

Should you let AI help you pick your roommates? Barcelona-based urban room rental startup Badi thinks so, and it’s just closed a $30M Series B funding round less than a year after a $10M Series A — suggesting algorithm-aided matchmaking is resonating with its target Millennial(ish) ‘Generation Rent’ demographic, as they hunt for their next flatmate. ...

Amazon warehouse workers in Europe stage ‘we are not robots’ protests

Amazon warehouse workers in several countries in Europe are protesting over what they claim are inhuman working conditions which treat people like robots. It’s the latest in a series of worker actions this year. They’ve timed the latest protest for Black Friday, one of the busiest annual shopping days online as retailers slash prices and heavily ...

Fintonic users offered 0% interest on Amazon.es purchases

Personal finance management app maker Fintonic has teamed up with ecommerce behemoth Amazon to offer users in Spain interest free purchases on the local Amazon .es marketplace. The 0% finance offer is being timed to coincide with the annual Black Friday shopping fest that kicks off later this month. Qualifying Fintonic users can apply for Amazon Gift ...

A tale of two scooter cities

The kids in Madrid’s El Retiro Park are loving their new on-demand joyriding toys. Lime launched its scooters in the Spanish capital this summer. Spending a weekend in the city center last month the craze was impossible to miss. Scooters parked in clusters vying for pay-to-play time. Sometimes lined up tidily. All too often not. ...