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Busuu, Playgiga, Deporvillage, Talent Clue and Klikin receive funding in July


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Integral service around a transaction
BY : Diego GutiérrezJuly Wed, 2015
Venture capital rounds in the ICT sector in July follow the trend we saw in the last InvestmentReport in March, where the average deal size had increased from €1M to €2M from March 2014 to March 2015. In the month of July there have been a number of deals in excess of €4M. Below we highlight some of the deals completed this month.

tic investment

 

 

McGraw-Hill Education invests in Busuu,

McGraw-Hill Education (MHE) has invested €6 million in Busuu, a language learning startup that was founded in Madrid in 2008 by Austrian-born Bernhard Niesner and the Swiss Adrian Hilti

"Bussu had already received a €4.5M round of funding led by Profounders Capital in 2012, when it moved from Spain to London to pursue its international expansion," says Diego Gutierrez of Abra-Invest.

Playgiga raises €5M

Playgigaa leading Spanish cloud gaming company, has received a €5M from Adara Ventures, which already had a stake in the company, Bankinter, Caixa Capital Risc e Inveready.

The aim of this round is, according to Juan Gili, its CEO, to consolidate the company's position in the market, to successfully complete the pilot tests being carried out in Spain and Portugal and to develop its international expansion.

Deporvillage receives €2.5M in its second round

 Deporvillage is a sportswear startup that has closed a €2.5M funding round with the aim of growing in the international market, where it is already present in France and Italy.

The round was attended by the founding team of the Red Fridge, Ad4Ventures, the investment firm of Mediaset Spain, a group of private investors and Cabiedes&Partners, who were already in the first round of funding in 2013, and have now decided to revalidate their confidence in the group.

 Talent Clue, financing round to grow in international market

Talent clue is a Barcelona-based startup that offers a cloud-based recruitment tool that allows centralising the management of all selection processes, publishing and collecting candidates automatically from more than 100 Talent sources as well as automating the screening and communication with candidates.

The €1.5M investment round was backed by Bankinter Capital Riesgo, Cartera de Inversiones CM (Family Office of the Molins Gil family), Inveready First Capital, Sitka Capital Partners, Faraday Venture Partners as well as a Catalan Family Office and several Business Angels from Esade BAN, IESE BAN and independents.

 

 Klikin receives a €1.7M round

Klikin, the online platform that allows traditional businesses to have a complete loyalty system, replacing the usual cards, has closed a €1.7M round, led by Caixa Capital Risc and also participated in the round.  Padeinvest and business angels of the IESE

The funds will be used to continue Klikin's geographic expansion, which is already in Spain, with a strong presence in Madrid and recently in Barcelona, as well as in London - where it opened at the end of last year - and for product development. 

Other posts that may interest you

New funds for ICTs, Bio and internalisation (May)

Towards a Spain based on technology-based companies

 

 

If you are looking for financing, contact us. Abra-Invest has a team of experts in alternative financing at your disposal. Fill in this form or contact us on +34 946424142

 

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