Itnig Event Venue & other Startups News

At Itnig, we know it’s hard to keep up with all the news and updates flying around. Last month, we told we opened up a new coworking space and a new coffice in partnership with Syra Coffee. Well, this month, we opened an event venue for up to 100 people.

Itnig Event Venue

This industrial building used to be a printer factory. Now it has become a space which welcomes events, but you will also find meetings rooms and  2 coworking spaces.  With it’s high ceiling and all the light from the lights t’s the perfect place for working , host and event or just enjoy a beer.

It’s on ground level, with it’s own terrace and lots of plants. The combination of wood and white concrete lakes the space cosy and gives a friendly and pleasant atmosphere.

If you’d like to organize an event in the future, don’t hesitate to contact us. 

Startup Inside Stories Podcast

#101 : Ildefonso García-Serena, from SocioGRM Consultoria

In this week’s podcast, we bring Ildefonso García-Serena, one of those inspiring people that should be taken as a reference. He has developed a successful career doing marketing for big brands and he tells us quite come anecdotes generated along the way.

Among many other things, he tells us about the story behind the “Sueldo para toda la vida” campaign that is still up and running. When working Moulinex 1, 2 3, he also had very big successes in its fight against Braun.

Ildefonso has just presented a book called El Hijo del Doctor that will be available on September 18 in the bookstores. Check out the podcast.

#102 : Gerard Martret, from Shotl

In this week’s podcast, Gerard Martret, CEO at Shotl visits our facilities to get an in-depth analysis of the on-demand mobility sector. 

Shotl is a family venture as the Martret brothers have started off the company together after their success building up Drivania, a with-chauffeur car rental service that targets high-end consumers.

Gerard explains how his fast-growing startup works and how he plans to compete with other international players. Check out the podcast:

#103 : Isaac Cabezas (Paack), María Fierro ( and Lluís Vidal (COO at Exoticca).

In this week’s podcast, we bring financing to the table to answer the question “how to finance your startup?”. This time we counted on 3 CFOs members of BCNCFO, a group formed by CFOs of the top Spanish startups: Isaac Cabezas (Paack), María Fierro ( and Lluís Vidal (COO at Exoticca).

To make things even more interesting, the guiding questions were asked by other startup CFOs interested in getting to know their opinion on matters like funding mechanisms or when should a startup have a CFO. Do you have more questions? Ask them in the video!

August Startup News & Updates

If you thought that fighting against Amazon was impossible, think again. Wish has raised a $300M Series H focusing on completely different ends of the online-shopping experience spectrum.

Some other giants might be suffering some damage as Uber has fired 400 people from its marketing team in restructuring and Lyft’s COO has just left the company. Better news for the food delivery sector as Takeaway and Just Eat are expected to merge in a $10B deal to take on Deliveroo and Uber Eats in Europe.

We know we are not the only ones trying to optimise software development so it might be useful to learn “The art of interrupting software engineers“.

Entrepreneurship has nothing to do with age and Alexandr Wang has proven it right as at the age of 22, his company Scale AI has locked down $100M in the market of data-labeling. The company has closed a deal at an over $1B valuation. But if you prefer working for Apple, we also have some tips for you.

As you might be developing your marketing plan, we’ve got you covered. Voice searches can be your secret weapon; consider developing your Instagram aesthetic by checking some companies doing it right, or take a look at a complete guide to paid advertisement.

WeWork has been flooding all the headlines by filing pre-IPO documents. It’s hard to understand what the market will say in the end but you can take a look at some charts to build your own opinions.

If you are planning on creating your own startup and you are looking into accelerators, check out this list mentioning 100 top accelerators around the world. If what you need is investment, you can also check out our early-stage fund!

Pau Fernández took a look into the reasons why Disney will dominate the media industry. Do you think the same way?

One of the key points of startup growth is to ensure correct finance management and we have invited some CFOs to explain to us how they do it. Having a good financial strategy is basic to get VC funding but do you know who are the major revenue-based VCs?

This week followed the trend of announcing a new fintech unicorns. In this case, it’s the turn of Numbrs which just raised $40M. If your startup is also and you are thinking of selling it, there are some things you have to have in mind when getting ready for it

New Funding for Startups

Random Tech News

Those are August 2019 startup news!

At Itnig, we write a weekly newsletter where we keep our community updated on everything related to startups, tech news, fundings, and we share our weekly podcast!
Subscribe and keep up with the startup universe, or feel free to come back for more startup news of the month here!

Itnig Coworking & other Startups News

At Itnig, we know it’s hard to keep up with all the news and updates flying around. This month,  we (Itnig) expanded our coworking space as you may have seen in the news. If you want to join our ecosystem of entrepreneurs and techies, just let us know!

Itnig Coworking Space

On top of that, Syra and Itnig worked on what we call Coffice, an office space that offers coffee for everyone. We opened doors on August 5th (Pujades 100, Barcelona) so make sure to pass by to try our coffee!

Startup Inside Stories Podcast

#95 : Ignacio Fonts, from Inveready

This week we’ve interviewed Ignacio Fonts, Managing Partner at Inveready, one of the first early-stage investment firms in Spain. This VC fund is especially interesting as they have pioneered in many fields successfully.

Inveready’s most notorious investment is MÁSMÓVIL, the telecom company that has become a superstar buying bigger companies like Yoigo. Ignacio opens up and explains some of the toughest situations of the company and how a VC firm can support in such hard times.

No doubt this is one of the most educational podcast so far!

#96 : Andreas von Estorff, from

Andreas von Estorff is a German serial entrepreneur based in Barcelona that has built his career around the model management business. In this week’s podcast, he explains how he built some of his companies like, a marketplace for models, actors and other artists.

His current project is, a website that has built a community that connects clients that need to find a model and people that want to perform as models, being or not professionals. He shows numbers and events tell us how much a model can earn per shooting!

#97-#98 : Christian Rodríguez, from ByHours

Christian Rodríguez is an entrepreneur with plenty of things to tell. In this week’s podcast, he tells us about some of his successes at Hawkers, Northweek and ByHours.

In 2011, Christian decided to setup ByHours, a company that allows users to book hotel rooms for 3, 6 or 12 hours. Since then, the business has grown and has become another success story from the Barcelona startup ecosystem.

Christian explains his businesses in detail and the conversation went longer than usual so when talking about the history of Hawkers, we decided to make a dedicated podcast so you can watch it fully at any time. Enjoy de Part 1 and the Part 2.

#99 : Marc Vicente, from ABA English

In this week’s podcast, we are chatting with Marc Vicente who is currently CEO at ABA English, a startup focused on teaching English. He has also been at other C-level positions in companies like Akamon and Rakuten Spain.

Marc discusses some of his insights in the marketplace business and explains some of the differences he finds between Amazon, Rakuten or other companies like Alibaba or Cdiscount.

#100: Yassir Raïs, from Syra Coffee

 We got to the podcast 100 already, and to celebrate it we have invited Yassir Raïs, founder and CEO at Syra Coffee. At Itnig we believe in the potential of his project and we are investing from the Itnig Fund to support its growth.

His claim is to democratise coffee, good coffee. He believes that specialty coffee should not be expensive but it should remain of outstanding quality. His success in his fist shop in Gracia (Barcelona) has encouraged him to dream big and scale the business to become the leader in the sector.

We compared the business to Luckin Coffee (over 1.700 shops) and Starbucks. Check it out here!

July Startup News & Updates

Neobank startups seem to be the golden pot of entrepreneurship as we got yet another astonishing figure from Monzo, which doubled valuation to $2.5 billion. But fintech doesn’t have just one leg and Freetrade, the European Robinhood, raised last month £1M via Crowdcube at £18M valuation. They did it in 1 minute and crushed the site… and this week they have raised £3M at £42M valuation! That’s nuts!

This technology is quite the present rather than the future and some investors don’t want to miss it out as proven by the Japanese startup Tier IV that just raised a humongous Series A of $100M

App developing companies must be happy as app revenue is up by 15% in the first half of 2019 compared to last year’s. The Apple Store continues to be the king with $25.5B spent in 6 months in contrast with the $14.2B in the Google counterpart. 

Oh, and if you are new to our newsletter you might have missed the 5 mega-deals that made Q2 2019 a record-breaking quarter for European startups. More to be expected soon as e-ventures raised $400M with $175 million going to its Europe-focused investment arm

Are you an Angel Investor? You may not be using your money right. Some people believe angel investments are meant for those willing to support ideas rather than purely making money. 

EU-Startups just published a list of 10 mobility startups to look out for in 2019 and the sector keeps booming. For instance, last week, we got to know that Uber’s rival Bolt has closed a $67M round, but… wait! They are not the only Bolt startup that raised $67M last week! 

We got to know that card-payment solution SumUp secured a $300M loan to finance its growth while the German neobank N26 has raised an additional $170M funding at $3.5B valuation. Also, the card aggregator Curve raised €49M and they partnered up with us for this week’s podcast!

The Apollo 11 turns 50, a project that might bring some insights for your own moonshots. Additionally, as entrepreneurs ourselves, we know sales is tough and being a team leader in the sales department is even tougher so Bernat wrote an opinion piece on what a leader should have.

Oh, and a couple more news to start off the week. Sifted explained how to do PR in a startup – tip, don’t hire an agency before Series A. And if you have a B2B model, you may be interested in learning how to build your Lead Generation Strategy.

New Funding for Startups

Random Tech News

Those are July 2019 startup news!

At Itnig, we write a weekly newsletter where we keep our community updated on everything related to startups, tech news, fundings, and we share our weekly podcast!
Subscribe and keep up with the startup universe, or feel free to come back for more startup news of the month here!

Itnig Fund, Pitch to Investors & other Startups news

At Itnig, we know it’s hard to keep up with all the news and updates flying around. What happened in June? It’s a pretty big news for Itnig. We launched the Itnig early stage fund looking for brave entrepreneurs and great projects to invest about €100,000.

We are looking for unique projects and an incredible team that goes with it. We accept projects in a rolling-basis. Our investors will get back to you when the project is evaluated. If you want to give it a try, make sure to apply now!

Itnig Fund

That’s not it. You can also present your project during a live event “Pitch to Investors at Itnig. More precisely, we offer the opportunity to entrepreneurs to pitch their project in front of investors. What’s in it for you? You get an instant feedback from them, and hopefully, positive news will follow, but that, we can’t promise. However, it’s always worth to give it a try!

Let’s have a look to our month podcasts. From Welcome to the Jungle to K Fund, these podcasts should indeed be your #workingfromhome next playlist.

Startup Inside Stories Podcast

#91: Andrés Askenasy, Maite Forcadell and Juan Rodríguez, from Camaloon

In this week’s episode, Andrés Askenasy (Industrial Director @Camaloon), Maite Forcadell (Printing Manager @Camaloon) and Juan Rodríguez (CEO @Camaloon) chat about how Camaloon uses technology to make a very successful B2B printing company.

Andrés and Maite emphasise on what makes them different. Camaloon is run out of optimization technologies that enable them to save costs and time for their customers while remaining a successful business model.

Their next challenge? Controlling the end-to-end process including shipping. What an exciting time for them!

#92 : Oriol Marimon, from eCooltra

This week’s guest is Oriol Marimon, CEO at eCooltra, an electric motosharing company with 3-digit growth figures.

He has explained to us how their business works and what has led their company to close 2018 with an €8M annual turnover chasing the vision of reducing the use of private vehicles in day-to-day rides.

Oriol gives us some clues to better understand their business model and the challenges that eCooltra is facing as an electric motosharing.

#93 : Sergio Balcells, from Welcome to the Jungle

Sergio Balcells is an entrepreneur and executive that started as a lawyer but realized he was more of a sales kind of person so after changing sectors, he created Glamourum the first subscription-based company in Spain. Glamourum was then sold to Joliebox that was quickly bought by Birchbox where he served as CEO for Spain for over a year.

Sergio focuses on the learning outcomes he got as a General Manager at different companies like, Milanuncios and JOBS TODAY some of which he is currently putting in place at his current endeavor as a Country Manager at the French-based company Welcome to the Jungle to Spain.

We will keep our eyes wide open to see how all these projects get developed.

#94: Jaime Novoa, from K Fund

Jaime Novoa is especially known in the startup sector because of his job with the Novobrief newsletter, and more recently at the VC firm, K Fund.

He never aimed at being a journalist nor an investor. He just started writing posts for his own blog and for others out of passion and soon created the Novobrief brand. After a while, he decided to sell the blog but kept the newsletter which still he curates himself.

In our conversation, he explains to us how it is to work at an early stage fund and how he slowly turned into an investor.

June Startup News & Updates

Ready for your quick dose of startup and tech news? Here we go!

The European startup ecosystem is fastly evolving and catching up. Don’t trust us, trust the ranking made by StartupBlink in collaboration with Crunchbase and others that lists 1,000 startup ecosystems from 100 different countries (if you are curious, Barcelona ranks 27 and Madrid 31). On top that, some people suggest Silicon Valley should look to Europe to solve its IPO problem.

On another note, something that caught our eyes was the return of Foursquare to big funding rounds. The location check-in company has raised a $150M Series G round. This is more than four times larger than its previous round showing that a business can retake traction after pivoting.

SaaS startups have been the philosopher’s stone of entrepreneurship driving high margins and recurring revenues but the market seems to be a little bit skeptical. Last week, SaaS stocks dropped by over 5% in a single day, not just a company but the whole sector. Scary, huh? BTW, if you are one of those, you may consider getting repriced!

Booming leaders. The 30 under 30 list by FORBES is always interesting to check out but if you don’t want to miss some of the most influential raising stars, QVIXOTE LEADERS have just published their own list with 16 of the most disruptive entrepreneurs.

Oh, and pure tech. While Apple has been presenting its new cheese grater, we got to know that Barcelona is one of the cities chosen to host a supercomputing center financed by the EU. Additionally, Google has updated its Googlebot. No more server-side rendering?

How fast is the European ecosystem growing? GP Bullhound just assured that Europe will have its first Titan in 2021, as Spotify and Ayden will be the first startups reaching a $50.000M valuation. If you are more into the Chinese market, these are some of the tech trends to watch in 2019.

Bird is buying Scoot and ACCIONA has entered the business with 1.200 motorbikes only in Barcelona

And two extra tips. The madri+d foundation and F. Iniciativas have released a quick summary of financial resources for startups

Slack‘s first days in the stock exchanges have been crazy and just on the first day, they jumped from 26$ to over 40$ per share. The American company has a very promising future and is currently valued at $23B, any bets on its valuation in a couple of years from now?

Investments in Europe have matured quickly and as Cabiedes mentioned in our podcast, investing in copycats is more than a good option (and he is not alone in this belief). So… maybe your business also needs competition to thrive.

In another part of the universe… Pizza robots are getting into the business. The Paris-based startup Pazzi just secured a €10M funding round to launch its first restaurant with robots instead of chefs making pizzas!

New Funding for Startups

Random Tech News

Those are June 2019 startup news!

At Itnig, we write a weekly newsletter where we keep our community updated on everything related to startups, tech news, fundings, and we share our weekly podcast!
Subscribe and keep up with the startup universe, or feel free to come back for more startup news of the month here!

New Attendance Law in Spain & other Startups News

At Itnig, we know it’s hard to keep up with all the news and updates flying around. What’s new? Well, there have been some changes in Spain. We have some news considering what’s happening in the Spanish Ecosystem. Are you aware of the latest time and attendance law?

New Attendance Law

It has come to action on the 12th of May 2019 giving the obligation to businesses to track the attendance and time spent at work of every single employee; to find out more considering this law, you can take a look here.

We published an article on the blog of itnig, where we discuss why this law will kill the innovation in Spain and Europe; you can take a look right here! Also, Factorial developed a free feature that companies can directly download to be compliant with the law.

Ok, so now that we are updated on legal news, we should maybe check out our podcasts of the month. You will not be disappointed as we are welcoming 5 guests this month for 5 explosive podcasts.

Startup Inside Stories Podcast

#86 : Roger Casals, from Plazah

This week Bernat Farrero (CEO Itnig) and Jordi Romero (CEO Factorial) discuss with Roger Casals (PasswordBank, Symantec and now Plazah).

Roger started his first company in 1999, Powerdata, after self-teaching to program in C. He dedicated himself to solving company’s management problems and started different businesses that were sold later on. One day, when explaining his Product to a customer, he found himself with another issue leading him to develop Password Bank (a software centralising all passwords compatible with any platform).

Password Bank obtained 1M€ of private investment with Inveready among others. This amount was multiplied several times with Spanish public financing rounds. He moved to the USA because that’s where he found his “5 ps”: Potential customers, investors, partners, competitors, suppliers. At the beginning it was costing him a lot, until he realised that as a small foreign startup, he did not meet any of the characteristics to sell to any big American Company.

After much frustrations and complications he ended up selling it to Symantec, for 25 times his Revenue, and became it’s executive. Roger explains the problems of international taxation, tells us about the functioning of companies in Delaware, price competitiveness in technology between USA and Spain and his experience with government loans. His latest project is Plazah, a Marketplace recommendation where any company can sell products with direct sales from its own users.

#87 : Pablo Villalba, from 8fit

In this week’s podcast, the product-focused serial entrepreneur Pablo Villalba shares with us his story. 

Discover how he launched RedBooth, and grew this communication and collaboration platform to a 7-digits yearly revenue business.

Find out how the MVP of the 8fit was originally a basic Google Doc sheet and how grew into a multi-million users App bringing tens of millions of dollars of yearly revenue. 

Find out about the Product-focused innovation and the Challenges that hide behind the scale of an innovative business.

#88 : Eduardo Manchón, from Mailtrack 

In this week’s episode of Startup Inside Stories, Bernat Farrero (CEO @itnig), Jordi Romero (CEO @Factorial) discuss with Eduardo Manchón the CEO @Mailtrack and founder of Panoramio, one of the first exits to big tech companies produced in Spain. He is also a self-proclaimed grandpa in the Spanish startup ecosystem.

He studied psychology and focused on learning human sciences, which combined to his nerd roots brought him to human computer interaction, he learnt Nielsen principles and before he knew Ubaldo Huerta (previous guest in our podcast) hired him to work on his startup Loquo. There he learnt everything to start his own bootstrapped company, Panoramio, in 2003 with cofounders Cuenca and Florido, each working from their home.

Panoramio was the origin of geolocalized photo-sharing in Google Earth initially and Google Maps later on. After some ups and downs in the collaboration, Google finally made an offer to acquire the company paying from “1M to 5M per Kg of founder” on the 31st of May 2007. He worked at Google Switzerland while the “vesting period” lasted and then went back to live sabatically at his hometown.

In 2013 he joined Mailtrack initially leading Product and becoming the CEO afterwards. Mailtrack is an email notification SaaS with tens of thousands of paying users. The company was cofounded by Nacho González (also previous guest in the podcast), who later left to start Hireflix, his last venture.

#89 :  Tyson Kallberg, from Asana

In this week’s podcast (in English) we talk to Tyson Kallberg, head of design at Asana, about how he ended up in the company, how the founders Dustin and Justin left Facebook to start it and the growth the company has experienced since he started working there.

We discuss how important the fact of starting a business in SF is, compared to other cities in the world, the work culture in the Bay Area, and why he thinks Asana’s culture is different to others.

We obviously talk about design, and Tyson shares with us how Asana’s design team is structured and the challenges of keeping the hierarchy as flat as possible while growing fast. We talk about their roadmap and how the different teams join efforts to drive it together.

Tyson finally gives us his thoughts on what a product manager does or at least should do.

#90 : Vicens Marti, from Tangelo Games

In this week’s episode, Bernat Farrero (CEO @itnig) and Juan Rodriguez (CEO @camaloon) discuss the life of Vicens Martí, entrepreneur and executive of many companies.

Vicens defines himself as sector agnostic, he thinks that business is business and there is no such thing as “this industry is different”. After being entrepreneur in the hospitality industry, playing different roles at Cirsa, AMC and Port Aventura, he went on to become one of the initial executives who started Vueling and brought it to the IPO. He learnt a lot from this process and specially from its founder Carlos Muñoz.

After a short period as CEO of the family-owned Custo Barcelona, he then was convinced by Carlos Blanco to lead Akamon and accepted the challenge for 5 years until he brought it to the 28M$ exit to a Canadian company. He keeps involved as the CEO of the acquiring company, then renamed to Tangelo Games.

Vicens thinks he can play a crucial role and “bring agency” to the places where he gets involved and have a rich personal life at the same time. He is now President at El Row, which makes over 30M€ and 5M in EBITDA by organizing electronic music shows. He especially enjoys this sector as he is a big fan of electronic music. As a bonus, he tells us the experience of participating in the Burning man annual festival.

May Startup News & Updates

Last week the IPOs season continued, and also new gigantic private rounds. These are exciting times for many Internet industries, but also for the fans of good coffee like we are at Itnig (soon we’ll share some related news of our own! 😉). Luckin Coffee, a Chinese coffeeshop chain that opened only in 2017 went public in Nasdaq last weekraising 561M$ in the public market on top of the 550M$ previously raised in venture capital. The goal of this ambitious 3b$ priced retailer is to replace the giant 96b$ Starbucks in China with new 2.500 locations, all opening this year. Boom! Yes, that’s the pace in which China intends to replace western brands (hello, Apple)!

Also, Softbank strikes back in Europe with the 484M$ monster round in the German Atrapalo-like travel and leisure booking platform, GetYourGuide. Lastly, but not least, Glovo will have now a harder time competing after the biggest operations company in the world, Amazon, invested 575M$ in Deliveroo to compete against the leader in last mile food delivery service, Uber Eats. People wonders if the service will integrate with Amazon Prime or if Amazon will build the new AWS for cloud kitchens (or ghost kitchens)… as we said, exciting times ahead!

One of the biggest recent success stories in Europe is undeniably the money transfer startup Transferwise. The company has recently announced a $292 million in secondary share sale which won’t bring fresh money but will make some of their initial shareholders and employees pretty happy. Reports claim that this round has made 33 new millionaires. We might be seeing a wave of great Estonian startups coming up soon !

This month was also very positive for the cloud-based identity platform for developers Auth0 as they raised $103 million to become a unicorn. And we lost the count. Unicorns don’t seem to be so rare in recent times and some start to question if the real unicorns are actually the profitable startups (like Transferwise seems to be).

New Funding for Startups

This week the European Funding Rounds have been led by the United Kingdom, followed by Spain, Germany and Switzerland. Here is what has been happening :


The Madrid based startup  Playtomic has raised €6M and is leading the funding round of country, followed by the  Barcelona based startup Holded that  has secured €6M during their Serie A funding round. Finally, the video-based insurtech solution Bdeo has raised €1M 

On the Spanish territory the Famous Barcelona-based delivery app Glovo has raised €150M in Series D funding by the venture capital Lakestar.

Almost 18M€ raised in Spain:

  • Kompyte, the technological SaaS startup for pricing intelligence, with current headquarters in San-Francisco, raised 2,67M€ from CaixaCapitalRisc, Adara and Swanlaab
  • Psious, the VR treatment for mental disorders, raised 8M€ in a funding round co-led by Sabadell, Asabys and Caixa Capital Risc.
  • Rentals United raised 3,8M€ from Stella EOC Capital and Howzat Partners.
  • Hubtype’s chatbots raised 1M€ from K Fund.
  • Zinklar raised 1M€ from Caixa Capital Risc, Inbeready and Sabadell.
  • Muroexe DTC brand raised 1M€ from Unknown investors and want to raise more from friends (¿?).
  • Guesser raised 1,1M€ as a Seed Round to bet on market predictions.


In the United Kingdom, the week has been rich in investment starting by the investment of €17.4M for ButternutBox, which is a fresh food delivery service for dogs; surprising right? 💸🐶 Closely followed by Wheely, the luxury ride hailing startup that secured €13.4M in Serie B Funding. Finally, two London-based Startups Muso raised €4M to address digital piracy and Sythesia has raised €2.8M

In the United Kingdom, it is the London-based payment solution platform that leads this week’s investment with the raise of€269M in Serie A Investment, followed by the funding of FutureLearn with €58.6M from SEEKGROUP. We can also note smaller investments such as; Pharmaseal International closing a funding round of €1.1M and the video-based hiring platform startup Tempo raising €2.05M.


In Germany, the startup Rum has received €10M from SAP

In Germany, it is the Berlin based digital freight forwarder Freighthub that leads the national investment round with the raise of €26.8M in Series B fundingfollowed by the 7-Figures SeedFunding of the miRdetect which developped a detection method of testicular cancer


The Zurich Based startup RosieReality raised €2M to build AR games for kids


To finish the week, the Paris-based trucking marketplace Fretlink that raised €25M in Series B Funding. 

Other news iEurope this month:

Random Tech News

Those are the May 2019 startup news!

At Itnig, we write a weekly newsletter where we keep our community updated on everything related to startups, tech news, fundings, and we share our weekly podcast!
Subscribe and keep up with the startup universe, or feel free to come back for more startup news of the month here!