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Ticketbit, MyTripleA, ITM platform, Monkimum, Minube and more tech startups get funding in April


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BY : Diego GutiérrezJune Thu, 2015
In the month of April we have witnessed numerous rounds of funding in technology startups. Some of them, such as Ticketbit or MytripleA have raised high amounts, which is unusual for Spanish companies and is a sign that Spain is gradually becoming stronger in the technology world. In addition, the main objective of most of the rounds is to consolidate the presence of the startups in the international market.

tics April

Ticketbit receives €3M round of funding

The Basque company Ticketbitthe online ticketing company, has received a $3M round of funding from, among others, the European venture capital firm ACTIVE Venture PartnersFrench super angel Fabrice Grinda and his partner José Marín.

"This is the fifth round for the young startup, which will use the funds to strengthen the newly opened markets and optimise the mobile version," says Diego Gutierrez of Abra Invest.

The funding received by the startup is above the national average, although it is true that the general trend of investment in the country is on the rise. According to data from Starupxplore, in the last three months of 2014, Spanish technology startups made 42 rounds of funding and raised €77 M. These figures are four times the amount raised in the same period of the previous year.

MyTripleA, Crowdlending platform receives €15M

MyTripleAThe crowdlending platform has raised €15M, with the aim of being able to meet the demand for loans they have.

"The crowdlending market is growing considerably all over the world. In Spain, where it had not yet taken off strongly, this 2014 has given a boost, being the form of crowdfunding that has grown the most in 2014 and companies such as MyTripleA or Comunitae have been the protagonists. MyTriple A, in addition to receiving a large round of funding, was the first platform to obtain a licence from the Ministry of Economy to operate as a payment entity. Comunitae is incorporating new services around crowdlending such as a line for the discounting of promissory notes to SMEs," says Diego Gutierrez of Abra-invest

The round, led by GLI Finance Limited and other private investors, means that 10% of MyTripleA's capital will be controlled by GLI, the UK firm led by Geof Miller, which is listed on the London Stock Exchange and specialises in investing in online lending platforms.

 

Inveready invests in ITM platform

Inveready has raised a round of funding in ITM platform, a company focused on the Project & Portfolio Management that has developed   a solution for project management in the cloud.

The round aims to accelerate the company's international expansion, especially in Latin America, where it already has a large customer base. To this end, the company is boosting its online marketing and building a strong channel of partners to bring their practical experience to the solution.

Monkimun receives funding round from foreign investors

Monkimun is a startup that has developed several apps for language learning aimed at children between the ages of 2 and 6. Monkimum was created in Madrid barely a year ago and already has a presence in the USA. 500Startupsone of Silicon Valley's best-known accelerators.

Monkimum's main market is Asia, where parents spend 40% of their income on their children's education. This is followed by the American market and thirdly by Europe.

 Among the recognitions that this young company has received is the choice by the Google from  Monki Chinese Class as one of the 47 best apps 2014.

"The million dollars contributed by the company's new partners will go mainly to technological development," says Diego Gutierrez.

 

Minube receives €1.5M round of funding

FIDES, the investment arm of the José Manuel Entrecanales Foundation ,  Kibo VenturesBonsai Venture CapitaL have participated in a 1.5M funding round in Minube, the online travel startup.

This startup has grown spectacularly, reaching more than 60 million visits during 2014 worldwide, with 99% of free traffic. It now has 1.3 million registered travellers on its web and mobile platform.

Signaturit receives funding from ESADE BAN

Signaturit is an electronic signature platform created in 2014 that has received funding from ESADE ban and Banco Sabadell's BStartup programme.

The company that has been accelerated by Incubio, will allocate the new resources to the commercial and marketing areas.

Tu&Co receives a round of €160000

  The ecommerce of household products, which participated in the second programme of the accelerator specialising in digital projects Conector Startup Acceleraton in 2013 and entered the municipal incubator Barcelona Activa in 2014, has received a round of €160,000 to further boost user acquisition and enhance and improve the services offered.

If you are looking for financing, both public and private, do not hesitate to contact us at +34.94.642.41.42. Abra-Invest has a specialist team at your disposal.

Other posts that may interest you 

 Biotech investment news: Era Biotech, Aura Bioscience, Quirumed and others (March 2015)

New funds for technology companies: Galdana, Antai, cdti and fondico.

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