Dealflow.es #338: Telefonica invests in Bit2me. Toqio raised €20M. Penpot, a Figma alternative.

Funding Rounds

Summary

Penpots CEO Pablo Ruiz-M\xfazquiz told Techcrunch that sign-ups were growing at around 40% per month before Figmas acquisition, after that the figure ballooned to 5,600% Madrid-based mobility startup PandaGo raised 4.7M, led by Kibo Ventures. Terms of the deal were not disclosed UK company Way2VAT acquired DevoluIVA, one of the first digital solutions for corporate expense and VAT (value added tax) recovery in Spain ICO has 450M in fresh capital to invest in nine Spanish funds Moira Capital increased its stake in logistics company Goi from 30% to 34% GoHub Ventures led a $2.8M seed round in UK-based startup NeuralSpace to bring voice AI to all local languages around the world Telefonica announced investments in blockchain-focused funds Boarderless Capital and Nova Labs. It it will lower the minimum required investment in Venture Capital funds from 100K to 10K, thus opening the asset class to a bigger pool of potential investors, and it will also allow for the quick creation of companies. On this latter point, French startup Qonto launched last week a service to create new companies faster (youll still have to physically go to a notary though) Heres an interview with Amol Sarva, co-founder of longevity focused fund LifeX Ventures, the $100M fund he shares with Spaniard I\xf1aki Berenguer Adtech company Seedtag said that they plan to hit 150M in sales this year. The Spanish and American revenue-based financing company has raised almost $1B in debt and equity in less than three years Belvo, developers of open banking APIs for the Latam market, announced that it is now approved to develop payment initiation solutions in Brazil, adding to the existing portfolio of data aggregation for regulated institutions and enrichment tools

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Amount - Total raised
Date - Announcement date
Investors Webcapitalriesgo.com, Techcrunch, El Confidencial Lead investors
Company - Funded company

Classifications

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applications
Financial Reporting

AskAI Classifications

Labels
SaaS Collaboration Software Design Software

Linked Companies

Figma
$1M to $5M