Our story
From a university garage to a startup ecosystem. 16 years building technology companies out of Barcelona.
Our mission
To help build a strong local ecosystem in Barcelona of companies with global ambition. Our recipe: technology, local references, knowledge, capital and physical meeting places in Poblenou.
- Investing in startups
- Workspace
- A founder community
The numbers
- Companies built
- 12Companies built
- Exits of our own
- 4Exits of our own
- Companies invested
- 25Companies invested
- Years in
- 16Years in
The team
The source of energy that makes everything move.
Bernat Farrero
Co-CEO
Founded itnig in 2010. Has driven the creation of a dozen companies, among them Camaloon, Quipu and Factorial.
Jordi Romero
Co-CEO
Investing partner and co-host of the podcast. Fifteen years building and scaling technology companies.
Txell Viladomat
CEO of itnig Spaces
Runs the coworking spaces and the experience of the community that fills them.
Carla Rodríguez
Space Manager
Runs the spaces day to day and looks after the people working in them.
Marta Vidal
Head of Food
Runs the café and the restaurant. More than thirty years in hospitality.
Masumi Mutsuda
CTO
Responsible for itnig's technology and, back in 2010, for its first podcast.
David Buendia
Media Manager
Produces the podcast and runs itnig's communications and digital presence.
Marcel Queralt
Investment Partner
Leads investing at itnig Capital: sources the deals and works with the portfolio.
Jose Luis Nuñez
CFO
Runs group finance and the financial strategy of the ecosystem.
Angela Muñoz
Growth Queen
Leads the growth of Itnig's channels and audience, and screens potential new investments for Itnig Fund.
Berta Madueño
Network Partner & Content creator
Founder and CEO of Tattoox (DTC), content creator at Itnig and Network Partner at Itnig Fund.
How we got here
16 years in the startup ecosystem.
Starting in a garage
Bernat Farrero founds itnig as a development consultancy at the computer science faculty of the Universitat Politècnica de Catalunya. The work starts, literally, in a family garage in Barcelona — and almost from day one so does itnig's first podcast about technology and current affairs, with Masumi Mutsuda and Jordi Romero.
Camaloon is born
itnig agrees with a client to turn a consulting project into its first product of its own. That is Camaloon, a site for designing custom products online. It sells more than €200,000 of magnets and badges in its first months; eight years later it is past €15M, with a huge catalogue and an international team of more than 200 people.
The hacker accelerator
After Camaloon, itnig moves to a startup acceleration model, first called The Hacker Accelerator. It starts with Playfulbet, which reaches 1,000 users in 22 days. itnig soon stops selling consulting to build its own products instead: twelve companies over the following years.
A knowledge hub
From the start, part of every week goes into sharing what we know with the local community: framework arguments, training on every web technology going, founding Barcelona's Lean Startup Circle, and hackathons with far too many people in the room.
Factorial is born
Factorial, an HR software company, is founded by Bernat Farrero, Jordi Romero and Pau Ramon. It is the meta-company that comes out of running several businesses and hundreds of people inside itnig, and the last one itnig founds as a venture builder. Years later it would be a unicorn.
itnig Coffice
The “itnig Coffice” coworking space opens at Carrer Pujades 100: 900 m² of shared offices, event rooms and a café. It is the start of a stretch that would reach more than 10,000 m² across Poblenou.
Investing as business angels
itnig starts writing pre-seed and seed cheques: Syra Coffee, Hireflix, Payflow, Stockagile, Hamelyn and Latitude, among others.
The unicorn
Factorial closes an $80M Series B led by Tiger Global and becomes the first unicorn to come out of the itnig ecosystem.
The podcast passes 50,000 listeners
The itnig podcast becomes one of the most listened to Spanish-language shows in the startup niche, past 50,000 listeners, with episodes in the hundreds of thousands — Mercadona's Juan Roig among them.
The fourth exit
Quipu is sold to the private equity firm PSG and merges with France's Sellsy. It is the last exit of the venture builder years, after Playfulbet, Gymforless and Parkimeter.
itnig Capital
itnig Capital launches: an early-stage venture capital fund approved by the Spanish regulator, €13M in size.
A whole ecosystem
Fifteen years on from the garage, itnig is a complete ecosystem: capital, media, space and events.
Want to be part of the story?
Join the ecosystem and build from the inside.