Spanish startups to raise over EUR 300 mln in 2014

Tuesday 25 November 2014 | 11:40 CET | News
Spanish startups are set to raise over EUR 300 million in funding for the first time in 2014, according to figures from the Spanish Venture Capitalist Association (ASCRI). The amount raised in the first three quarters of the year – EUR 238.2 million – has already exceeded the total for the whole of 2013, thanks above all to a record third quarter, when Spanish startups managed to raise some EUR 139 million, 57 percent more than in the same period of last year. Some 26 percent of the total third quarter investment was raised by Catalan startup Scytl, which secured EUR 77.8 million from five

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Categories: Internet
Countries: Spain
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