Investment in Spanish startups continues to flow. According to data from the latest report ‘Investment trends in startups in Spain’ from Bankinter, in the first six months of the year there were 209 investment operations, 12% more than in the second half of 2022, with a volume captured of 1,035 millions of euros. This figure is 30% less than in the previous semester, but the study indicates that the total amount of the investment remains in line if the ‘megarrounds’ that occurred in 2022 are discounted. In line with this report, the ‘State of European Tech 2023’ study, prepared by the international venture capital fund Atomico, investment in startups in Spain falls by 42% compared to 2022, reaching $1.6 billion.
Two motor startups that accelerate
In any case, the truth is that the news of new rounds of financing does not stop reaching us, showing great activity since the return from the summer holidays. The Tense Country B2B & B2C Email List Relationship Between Zelensky and the Head of the Ukrainian Army. The Tense Relationship Between Zelensky and the Head of the Ukrainian Army. We have recently learned about two startup operations related to the world of motors. The first of them stars Floatech , a spin off of the IMDEA Institute of Materials, which aims to revolutionize the battery industry for electric vehicles and portable devices. The startup has managed to raise 1.2 million euros in a financing round led by Grow Venture Partners and in which Big Sur Ventures and CDTI Innvierte have also participated.
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Floatech manufactures nanomaterials, focusing on the nanosilicon anode market for electromobility. Its flagship product is ‘Si⋮Coil’, which offers a significant advance in the efficiency and sustainability of batteries for electric vehicles and electronic devices, since it offers a solution to two of the Australia Phone Number List problems faced by electric electromobility. On the one hand, current electric batteries, composed of graphite anodes, have reached the limits of their density and storage, limiting the capacity of the battery and the autonomy of the electric vehicle. However, Floatech’s technology increases the storage capacity ten times, with ten times less thickness. In addition, its recharge is four times faster than that offered by current graphite anodes.
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