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Spanish startups raise EUR 102 mln in third quarter

Thursday 16 October 2014 | 15:53 CET | News
Spanish startups raised a total of EUR 102 million in 41 funding rounds between July and September, according to specialist portal Explore Startup. The amount raised in the quarter is a record for Spain and is 50 percent more than the total second quarter investment and 96 percent higher than Q3 2013, reports Cinco Dias. The same source indicates that 64 percent of the funding was raised in the month of July, with mobile game developer Socialpoint raising EUR 23.1 million from several investors and Catalan startup Scytl raising EUR 15 million from SAP Ventures. 

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Categories: Internet
Countries: Spain
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