PSG acquires majority stake in Madrid-based end-to-end business software provider Nalanda Global

London/Boston/Kansas City-based PSG has acquired a majority stake in Madrid’s end-to-end business software provider Nalanda. Financials were not disclosed. The acquisition is slated to drive Nalanda’s international growth into new verticals and geographies via M&A activity. “Nalanda is a leading digital automation solution operating with a significant addressable market across multiple large sectors,” said Dany […]

Barcelona-based unicorn Glovo lands €450 million in series F funding, the largest in Spanish startup history

Barcelona-based multi-category delivery service Glovo has entered the history books with their €450 million series F funding round. The round was led by Lugard Road Capital and the Luxor Capital Group and saw participation from follow on investors Delivery Hero, Drake Enterprises and GP Bullhound.  The largest funding round for a Spanish startup to date, […]

Madrid-based Imaweb acquires AI-driven remarketing software maker Stampyt

Automotive and dealership software solutions provider Imaweb has acquired Lyon-based preloved vehicle remarketing software maker Stampyt. Founded in 2015, Stampyt uses AI-driven image tech that enables dealerships and OEMs to improve their second-hand vehicle sales via aftersale and remarketing activities. Adding to the industry standard photo and vehicle features, Stampyt’s offering allows dealers and OEMs […]

Cabify goes the last mile, jumps into the logistics game

One of the biggest players in the ride hailing and multi-mobility space, Cabify is now jumping into the get-it-to-your-door game. Following on the success of their Cabify Envios programme launched in April of last year, the move is slated to “foster efficient, multimodal object transport.” Currently wrapping the pilot phase with collaborators including Chilean furniture […]

Madrid-based Jobandtalent secures €100 million from SoftBank Vision Fund 2, takes on US market

Workforce marketplace Jobsandtalent has secured €100 million from the SoftBank Vision Fund 2 in a Series D round. Additionally, they’ve secured €83 million in debt financing from BlackRock. SoftBank Vision Fund 2 now joins previous investors including Atomico, Seek, DN Capital, InfraVia, Quadrille, Kibo, and FJ Labs. Jobandtalent has raised €310 million to date. The […]