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Revel, the car subscription startup from Spain, raises $123M to take its business up a gear

TechCrunch

The market for car sales has been on rocky ground in the last several years as consumers, facing tougher economic conditions, get presented with an ever-larger range of alternatives, from ride-hailing apps and multimodal alternatives through to new propositions for private car use.

Spain 94
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GoPuff to pull out of Spain as q-commerce belt tightening continues

TechCrunch

According to a report in Bloomberg , which cites people familiar with the matter, the speedy grocery delivery player is planning to pull out of Spain in a bid to slim its ops and push for profitability — a move that will also see it put its regional focus on the UK market, per the report.

Spain 80
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Marketing automation startup Retail Rocket nabs $24M for expansion

TechCrunch

Founded in 2013 by Leonid Shangin and Yakov Filippenko, the company offered services to collect customer data and leverage it to create games, texts, and tasks designed to encourage repeat business. But the promise of software that predictably drives repeat business is alluring. SMS) to make personalized offers.

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Business banking startup Qonto raises $552 million at $5 billion valuation

TechCrunch

Qonto is a challenger bank focused on business bank accounts. It currently operates in France, Germany, Italy and Spain. Qonto started out with business bank accounts because that’s the key financial component of European companies. This is a fragmented market as each country uses different accounting tools. In the U.S.,

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Grover raises $71M to grow its consumer electronics subscription business

TechCrunch

A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. We’re still just scratching the surface of a €1 trillion global market.”.

Business 103
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Bookshare without Borders: #2/3

Beneblog: Technology Meets Society

Digitization and globalization are giving rise to growing publishing markets that promise new business opportunities. The investments that Amazon, Apple and Google, among others, are making in aggregating Spanish-language digital content signal their priority on developing the Spanish-language markets in Latin America.

Spain 151
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Lang.ai snags $2M to remove technical burden of implementing AI for businesses

TechCrunch

Lang.ai, which has developed a no-code platform for businesses, closed on a $2 million seed funding round. The company’s SaaS platform aims to allow business users to structure any free-text data with custom categories built through a drag & drop interface, based on AI-extracted concepts. Spain-born Jorge Penalva founded Lang.ai