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8 buyers and founders spotlight Valencia’s potential as a fintech and cybersecurity hub – TechCrunch – NEWPAPER24

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8 buyers and founders spotlight Valencia’s potential as a fintech and cybersecurity hub – TechCrunch

2021-05-18 06:48:41

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Whereas Madrid and Barcelona have a tendency to draw the excitement in the case of tech startups in Spain, Valencia is slowly and absolutely making a reputation for itself as a rising tech ecosystem.

The nation’s third-largest metropolis, Valencia options nice seashores, sunny climate all 12 months, and inexpensive housing and healthcare. And with a inhabitants of solely round 1,000,000 folks, it’s a bit extra manageable in comparison with its greater cousins.

Town additionally topped the InterNations Expat Metropolis Rating 2020 as probably the greatest cities for expats to settle in. What’s extra, it produces loads of expertise — about 25,000 bachelor’s and masters levels are issued within the metropolis yearly.

So to search out out what the startup scene in Valencia seems like, we spoke with eight native buyers, executives and founders. Town seems to be robust in areas resembling journey, AI, cybersecurity, fintech, agritech, journey tech, biotech, sports activities tech, and VR. The blockchain/crytpo scene may do with some enchancment, in accordance to some respondents.

Town’s funding scene just isn’t significantly giant and most buyers deal with seed funding, nevertheless it’s rising as family-owned corporations, and particular person and institutional buyers flip to tech. BIGBAN is a non-public nonprofit angel investor community based mostly in Valencia, and incubators and accelerator applications proceed to proliferate, supported by corporates and native authorities initiatives resembling Startup Valencia.

Notable startups within the metropolis embrace Streamloots, Voicemod, Jeff, Beroomers, Flywire and Blinkfire Analytics.

We surveyed:

  • Luz Adell, CFO/associate, Draper B1
  • Jordi Díaz Maiquez, CEO, Play&go expertise
  • Helena Ortiz Gil, CMO, Techer Crew
  • Patricia Pastor, director, GoHub
  • Fernando Marzal, VP of New Enterprise, Jeff
  • Enrique Penichet, founding associate, Draper B1
  • Javier Moliner Urdiales, CEO, Howlanders
  • Jorge Soriano Lázaro, CEO, Criptan

Luz Adell, CFO/associate, Draper B1

Which sectors is your tech ecosystem robust in? What are you most excited by? What does it lack?
Key sectors embrace fintech, agritech and journey tech.

That are essentially the most attention-grabbing startups in your metropolis?
Streamloots, Criptan, Voicemod, Boatjump, Zeleros, WiTraC and Gross sales Layer.

What are the tech buyers like in Valencia? What’s their focus?
The Valencia investor scene is rising. There are extra family-owned corporations, and particular person and institutional buyers, they usually have additionally invested capital. We have now a few of the high incubators and accelerator applications in Spain. BIGBAN, a non-public nonprofit angel investor community based mostly in Valencia, is constructing and creating one of the dynamic and lively investor communities in Spain.

With the shift to distant working, do you assume folks will keep in Valencia, or will they transfer out? Will others transfer in?
Folks will keep or transfer in to town. Expats and digital nomads desire transferring to Valencia.

Who’re the important thing startup folks within the metropolis (e.g., buyers, founders, attorneys, designers)?
Startup Valencia, BIGBAN, Lanzadera, Plug and Play, GoHub, Angels Capital, Demium, Tbig Advisory, KM Zero, BioHub and Draper B1.

The place do you assume town’s tech scene will likely be in 5 years?
Valencia is changing into a pole of attraction for corporations and expertise due to an ecosystem in steady evolution, with a transparent entrepreneurial mindset.

Jordi Díaz Maiquez, CEO, Play&go expertise

Which sectors is your tech ecosystem robust in? What are you most excited by? What does it lack?
Tourism.

That are essentially the most attention-grabbing startups in your metropolis?
Zeleros.

What are the tech buyers like in Valencia? What’s their focus?
Demium, and GoHub for deep tech.

With the shift to distant working, do you assume folks will keep in Valencia, or will they transfer out? Will others transfer in?
Folks will keep or transfer in.

The place do you assume town’s tech scene will likely be in 5 years?
Significantly better than now.

Helena Ortiz Gil, CMO, Techer Crew

Which sectors is your tech ecosystem robust in? What are you most excited by? What does it lack?
Digital actuality is powerful and thrilling. Blockchain might be improved.

That are essentially the most attention-grabbing startups in your metropolis?
Techer Crew and a few Lanzadera initiatives.

What’s the investing scene like in Valencia? What’s the buyers’ focus?
It may enhance.

With the shift to distant working, do you assume folks will keep in Valencia, or will they transfer out? Will others transfer in?
Most individuals stayed again.

Who’re the important thing startup folks within the metropolis (e.g., buyers, founders, attorneys, designers)?
Lanzadera, Valencia Activa, Demium and GoHub.

The place do you assume town’s tech scene will likely be in 5 years?
I hope it improves.

Patricia Pastor, director, GoHub

Which sectors is your tech ecosystem robust in? What are you most excited by? What does it lack?
Water, trade, good metropolis tech.

That are essentially the most attention-grabbing startups in your metropolis?
Fivecomm, Gross sales Layer, Quibim, Jeff and Voicemod.

What are the tech buyers like in Valencia? What’s their focus?
GoHub for B2B in AI, 5G, cybersecurity and sustainability.

With the shift to distant working, do you assume folks will keep in Valencia, or will they transfer out? Will others transfer in?
We’ll see tons of of distant staff.

The place do you assume town’s tech scene will likely be in 5 years?
Within the high 15.

Fernando Marzal, VP of New Enterprise, Jeff

Which sectors is your tech ecosystem robust in? What are you most excited by? What does it lack?
Day-to-day companies.

That are essentially the most attention-grabbing startups in your metropolis?
Flywire, Streamloots, Voicemod, Blinkfire and Demium.

What’s the tech funding scene like in Valencia? What’s buyers’ focus?
Seed buyers.

With the shift to distant working, do you assume folks will keep in Valencia, or will they transfer out? Will others transfer in?
Keep. Valencia is one the higher locations to work due to climate, metropolis dimension, seaside, and many others.

Who’re the important thing startup folks within the metropolis (e.g., buyers, founders, attorneys, designers)?
Startup Valencia Affiliation.

The place do you assume town’s tech scene will likely be in 5 years?
One of many essential startup cities in Europe.

Enrique Penichet, founding associate, Draper B1

Which sectors is your tech ecosystem robust in? What are you most excited by? What does it lack?
Valencia’s tech ecosystem is powerful on offering tech expertise. There are lots of people with capabilities in AI and cybersecurity. Due to this some company accelerators are rising robust right here, primarily in fintech, resembling Bankia Fintech.

We have now a unicorn in fintech Flywire, and a overseas fintech scaleup, Creditas (from Brazil), has established their HQ right here. We even have some good startups in fintech rising right here resembling Criptan, Colectual or The Logic Worth.

Valencia has additionally been historically robust in video gaming. ESAT, a globally acknowledged academy positioned right here, gives nice expertise, and primarily resulting from this, we’ve got some profitable startups resembling Voicemod or Streamloots within the gaming trade. In truth, one of many main gaming occasions in Spain and Europe, Dreamhack, is held in Valencia.

Because of Lanzadera, along with Station F, one of many greatest accelerators in Europe is positioned in Valencia, and there at the moment are startups rising in all verticals.

That are essentially the most attention-grabbing startups in your metropolis?
Flywire, Jeff, Streamloots, Voicemod, Criptan, Cronoshare, Quibim, Cuidum and Gokoan.

What are the tech buyers like in Valencia? What’s their focus?
Most buyers are enterprise angels and early-stage buyers. Draper B1, Angels Capital, Zriser, and Keith VC.

With the shift to distant working, do you assume folks will keep in Valencia, or will they transfer out? Will others transfer in?
Each issues are occurring, Valencia is a pleasant place to work, close to the Mediterranean Sea. It was acknowledged by Newpaper24 because the No. 1 metropolis on the earth to work. So, many individuals are coming right here to work remotely. On the identical time, some individuals are leaving to work from the countryside.

Who’re the important thing startup folks within the metropolis (e.g., buyers, founders, attorneys, designers)?
Accelerators and founders.

The place do you assume town’s tech scene will likely be in 5 years?
A bunch of corporations from Valencia have closed Sequence A rounds. Hopefully, in 5 years it will likely be commonplace to see some Sequence B or C or D occurring. Proper now, most likely solely Flywire has achieved that.

Javier Moliner Urdiales, CEO, Howlanders

Which sectors is your tech ecosystem robust in? What are you most excited by? What does it lack?
E-commerce, journey and Trade 4.0.

That are essentially the most attention-grabbing startups in your metropolis?
Howlanders, Jeff, Airhopping, Landbot and WiTraC.

What are the tech buyers like in Valencia? What’s their focus?
Deal with seed. Already some years of expertise, primarily BA, small VC or crowd.

With the shift to distant working, do you assume folks will keep in Valencia, or will they transfer out? Will others transfer in?
Folks will transfer in resulting from high quality of life, low prices, the situation and native authorities help.

Who’re the important thing startup folks within the metropolis (e.g., buyers, founders, attorneys, designers)?
Javier Megias and Juan Roig.

The place do you assume town’s tech scene will likely be in 5 years?
Greater, stronger, completely worldwide group due to new arrivals (startups and distant staff), extra nationwide or worldwide VCs managed domestically from Valencia.

Jorge Soriano Lázaro, CEO, Criptan

Which sectors is your tech ecosystem robust in? What are you most excited by? What does it lack?
Cryptocurrencies, or utilizing crypto.

That are essentially the most attention-grabbing startups in your metropolis?
Balio.

What are the tech buyers like in Valencia? What’s their focus?
Draper B1.

With the shift to distant working, do you assume folks will keep in Valencia, or will they transfer out? Will others transfer in?
Sure, individuals are staying right here. We have been working remotely for the reason that starting.

Who’re the important thing startup folks within the metropolis (e.g., buyers, founders, attorneys, designers)?
Draper B1, Enrique Penichet and Signne.

The place do you assume town’s tech scene will likely be in 5 years?
One of the progressive in Europe.

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