Investments in Spanish startups resume in January
With over 150 million euros, this was the best month since December 2019, when the figure exceeded 200 million
January was a good month for Spanish startups in terms of investment acquisition. According to the online media outlet elreferente.es and its English-language version, startupsreal.com, the first month of this year closed with over 150 million euros invested in startups based in Spain. Specifically, Spanish companies received 152.267 million euros in the 31 transactions announced.
This marks a milestone in the calendar, since the last time investments exceeded this figure was more than one year ago, in December 2019, when 236.5 million euros of funds were captured. In contrast, the figure in January 2020 was barely 48 million euros, an amount that has now more than tripled.
Far from being an isolated occurrence, capital capture in January appears to mark the start of an upward curve, as indicated by the over 400 million euros invested in the last four months of 2020, reversing the trend of the previous two quarters.
The Jobandtalent round, which featured the participation of funds such as Seek, Atomico, Kibo, DN Capital, Quadrille, FJ Labs and French Infravia, was the front-runner with 88 million euros, exceeding the 70 million it captured in November 2019. Two other companies attracted over 10 million euros, one of which was the Ironhack intensive online training school, with 16.5 million euros, in a round led by Lumos Capital. The other is the Seville-based biotech firm Universal DX, with 14 million euros.
Most active sectors
Fintech Unnax captured 7 million euros in January, and Landbot raised 6.5 million euros. They are followed by seven more companies with investments between one and five million euros, 14 with between 100,000 and one million euros, and another five with less than 100,000 euros.
According to the aforementioned online media source, the most active startups for capturing funds were in the health sector, with nine transactions, followed by the fintech and edtech sectors, with three transactions each.