Venture capital for industrial SMEs
During his speech at a conference on "Venture capital and industry" Audera advanced some measures that the Ministry of Industry has planned to implement to improve the financing of SMEs, increase their size and promote their innovative capacity, one of them was to increase the participation of venture capital in the financing of SMEs.
"In Spain, bank financing currently accounts for around 80% of liquidity needs, which is much higher than the 40% in other Anglo-Saxon countries," says Diego Gutierrez of Abra-Invest.
Small steps are already being taken, During 2014 the volume of investment carried out by venture capital funds stood at €3,465 million spread over 580 deals, a 45 % increase in volume for the same number of deals, when compared to 2013 activity.
Investments in industrial products and services accounted for 13.8 % of the total with 11.2 % in the number of transactions.
Venture capital operations in the industrial sector in the last quarter
Iberdrola, through its venture capital fund Iberdrola, through its venture capital fund Iberdrola, through its venture capital fund Iberdrola, through its venture capital fundor Perseus and the CDTI, part of the Ministry of Economy and Competitiveness, invested in November 700,000 euros in the Basque company Atten2, with the aim of promoting the development of this company and consolidating it within its sector.
Atten2 is focused on the design, manufacture and marketing of sensors for monitoring the state of fluids, mainly oil, in industrial applications. Among its uses, those related to the production and distribution of electricity stand out..
Figueras, global leader in the design ands and the manufacturer of high value-added seating solutions for public spaces, has received €10m in financing from Abac Capital to fund its working capital, refinance its debt and invest in developing and enhancing its global leadership.
Based in Lliçà d'Amunt (Barcelona), Figueras was founded more than 50 years ago and has since grown steadily to become a global leader in its industry. In recent years, the Company has experienced liquidity strains that have hindered its ambitious growth plan.
In October The Spanish industrial technology group Carbures formalised a €30m capitalisable loan facility with the fund Black Toro Capital (BTC).
Este mes de Diciembre, Carbures ha cerrado una nueva operación financiera con Black Toro Capital por un importe de €35M que se instrumentaliza mediante 'warrants' cubiertos en una capital increase por dicho valor.
If you are looking for financing, please contact us. Abra-invest has a team of experts in alternative financing at your disposal. Call + 34 946424142 or fill in the contact form.
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