{"id":1218270,"date":"2022-10-07T12:44:04","date_gmt":"2022-10-07T12:44:04","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/07\/the-hottest-startups-in-barcelona\/"},"modified":"2022-10-07T12:44:04","modified_gmt":"2022-10-07T12:44:04","slug":"the-hottest-startups-in-barcelona","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/07\/the-hottest-startups-in-barcelona\/","title":{"rendered":"The Hottest Startups in Barcelona"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span class=\"lead-in-text-callout\">\u201cBarcelona has triumphed<\/span> over Madrid as Spain\u2019s startup capital because of the deal flow and the talent,\u201d explains Miquel Mart\u00ed, Tech Barcelona\u2019s CEO. \u201cInternational talent is attracted by the lifestyle, the strength of the ecosystem, and the presence of international companies.\u201d<\/p>\n<p class=\"paywall\">According to Barcelona &amp; Catalonia Startup Hub\u2014the region\u2019s startup directory\u2014there are over 1,900 startups in Catalonia, mostly concentrated in Barcelona; since 2016, the number has grown by over 75 percent. The city has long had a strong tradition of health-tech startups fueled by university and regional government collaboration, but successful founders have been funding, supporting, and starting other companies, as well as diversifying into construction, mobility, and sustainability. There\u2019s also been a slow trickle of fintech companies from London, lured by post-Brexit border-free banking, good weather, a lower cost of living\u2014and the beach.<\/p>\n<figure class=\"AssetEmbedWrapper-iKAnWF bhyIoG asset-embed\">\n<p><span class=\"BaseWrap-sc-UABmB BaseText-fETRLB CaptionText-cNZZli hkSZSE bHMCym faGSa-d caption__text\">011h\u2019s Lucas Carn\u00e9 and Jos\u00e9 Manuel Villanueva.<\/span><span class=\"BaseWrap-sc-UABmB BaseText-fETRLB CaptionCredit-cSxGsC hkSZSE bmsBkF iOEyAO caption__credit\">Photograph: Gregori Civera<\/span><\/p>\n<\/figure>\n<p>011h<\/p>\n<p class=\"paywall\">Lucas Carn\u00e9 and Jos\u00e9 Manuel Villanueva sold Barcelona ecommerce site Privalia in 2016. In 2020, they both committed \u20ac2 million (roughly $1.97 million) to found this environmentally friendly \u201cpassive house\u201d startup, raising an additional \u20ac8 million in seed funding and, in July, \u20ac25 million in Series A funding with Redalpine, Aldea Ventures, and A\/O Proptech. 011h builds prefabricated homes in its factory using wood from managed forests to remain carbon neutral. \u201cWe\u2019re bringing the factory systems from automotive to construction to reduce costs and design buildings with low energy requirements,\u201d explains Carn\u00e9. \u201cBuildings are responsible for 40 percent of global CO<sub>2<\/sub> emissions.\u201d A project with developer Renta Corporaci\u00f3n reduced embodied carbon of the building by more than 90 percent compared to conventional methods, while construction timelines were reduced by 35 percent. 011h\u2019s Fioresta development in Alicante began construction in July 2022, and the company is developing a digital platform to run the design and building process. Global expansion will follow next year. <em>011h.com<\/em><\/p>\n<p>acceXible<\/p>\n<p class=\"paywall\">\u201cWe call it maths-based linguistic medicine,\u201d says Carla Zaldua, cofounder and CEO of acceXible. The company\u2019s automated speech analysis captures a patient\u2019s voice\u2014anywhere from the doctor\u2019s office to over a landline\u2014and uses AI to analyze their speech patterns and detect the early signs of dementia, Parkinson\u2019s, and even coronary disease from tone, pauses, repetition, and sentiment analysis via so-called vocal biomarkers. Founded in 2017, acceXible has raised \u20ac1.4 million, supported in the early stages by grants, plus $959,000 in seed funding in 2021. acceXible detects dementia with an accuracy rate of over 91 percent, has a new funding round at the end of 2022, and is expanding internationally. The company is testing the service with the UK National Health Service in rural Cornwall, where it\u2019s hard for older people to reach doctors, and it is prototyping a 60-second voice test to detect the signs of depression and anxiety in Colombia, Spain, the UK, and the US. <em>accexible.com<\/em><\/p>\n<figure class=\"AssetEmbedWrapper-iKAnWF bhyIoG asset-embed\">\n<div class=\"AssetEmbedAssetContainer-foMCXx bomDaa asset-embed__asset-container\"><span class=\"SpanWrapper-kHmjLe gbVKFf responsive-asset AssetEmbedResponsiveAsset-eWcsO lgxMZN asset-embed__responsive-asset\"><picture class=\"ResponsiveImagePicture-jJpQhK jEPxaV AssetEmbedResponsiveAsset-eWcsO lgxMZN asset-embed__responsive-asset responsive-image\"><noscript><img decoding=\"async\" alt=\"Doctomatics Carmen Rios and Frederic Llordachs.\" class=\"ResponsiveImageContainer-dmuwLx fydubv responsive-image__image\" src=\"https:\/\/www.ghanamma.com\/gp\/wp-content\/uploads\/2022\/10\/100-HS-Barcelona-Photo-2-Business-25158643.jpg\"\/><\/noscript><\/picture><\/span><\/div>\n<p><span class=\"BaseWrap-sc-UABmB BaseText-fETRLB CaptionText-cNZZli hkSZSE bHMCym faGSa-d caption__text\">Doctomatic\u2019s Carmen Rios and Frederic Llordachs.<\/span><span class=\"BaseWrap-sc-UABmB BaseText-fETRLB CaptionCredit-cSxGsC hkSZSE bmsBkF iOEyAO caption__credit\">Photograph: Gregori Civera<\/span><\/p>\n<\/figure>\n<p>Doctomatic<\/p>\n<p class=\"paywall\">Frederic Llordachs calls himself the \u201cgrandpa of digital health in Spain.\u201d He created physician search app Doctoralia in 2007, then Doctomatic last June with Carmen Rios, securing \u20ac415,000 in seed funding from Encomenda Smart Capital &amp; Ship2B Ventures. It\u2019s a remote patient-monitoring app which, using any medical device from heart-rate monitors to scales, allows doctors to check in on patients with chronic disease. Onscreen prompts assist subjects in taking their measurements, while doctors receive alerts if results are absent or abnormal. The data is fed into Doctomatic\u2019s predictive AI, which helps doctors identify whether a patient\u2019s condition is deteriorating. There are some 5 billion patients suffering from chronic disease worldwide, and Llordachs notes that Covid has made it harder for those patients to attend surgeries. European countries are also facing a shortage of health care workers. \u201cWe are in health care, so we don\u2019t want to disrupt. We want to improve,\u201d he explains. <em>doctomatic.com<\/em><\/p>\n<p>VOTTUN<\/p>\n<p class=\"paywall\">VOTTUN is \u201cthe WordPress for Web3, selling shovels for the blockchain gold rush,\u201d says Marta Valles, who cofounded the platform with CEO Luis Carbajo, Amazon\u2019s former Spanish director, in 2018. To help companies trace and certify data using blockchain technology, VOTTUN offers \u201ctemplates\u201d\u2014ready-to-use blockchain products that allow companies like Nestl\u00e9, Estrella Damm, and the World Bank, among others, to trace data, certify identity, manage crypto payments, and launch NFTs. VOTTUN received government support for its R&amp;D stage in 2020 and 2021, then raised \u20ac1.1 million in two seed rounds from the likes of the Draper Venture Network, Lanzame Capital, and the American fund Proteum X, with plans for a \u20ac20 million initial coin offering at the end of 2022. The company broke even in 2021, and is in profit in 2022. The next step is expansion into the US and Mexico, Valles predicts. <em>vottun.com<\/em><\/p>\n<p>Nuclia<\/p>\n<p class=\"paywall\">\u201cNuclia makes the unsearchable searchable,\u201d says CEO Eudald Camprub\u00ed. With CTO Ramon Navarro Bosch, he\u2019s built an AI-powered search engine that can index data from any document type and transcribe videos in any language. Companies possess and store more unstructured data than they know what to do with\u2014\u201cunstructured data in a lot of different data sources,\u201d as Camprub\u00ed puts it. Nuclia\u2019s semantic search indexes everything online in a specially created database so that when a user makes a search query, Nuclia offers relevant paragraphs and specific moments from audio and video recordings, all based on keywords and semantic meaning. Founded in 2019, Nuclia saw a seed round in April, led by Crane.vc and Elaia, of \u20ac5 million, which the company will use to target developers. <em>nuclia.com<\/em><\/p>\n<p>Lupa<\/p>\n<p class=\"paywall\">Combining the second oldest human activity (running) with one of the newest (deeptech), Lupa combines audio coaching, wearables, GPS maps, and sightseeing to take runners on new routes, explaining local landmarks as well as offering running tips and feedback on their physiology. There\u2019s also a social element to the app\u2014Lupa hosts weekly run clubs, and its <em>Sweat and Smile<\/em> podcast aims to build a community feel. The mobile app company was founded in 2020 by Stefano Lorini, a Salomon-sponsored mountain runner and former program lead at Google for Startups, and his cofounder, CTO and running partner Sergi Porta. <em>lupa.run<\/em><\/p>\n<p>HUBUC<\/p>\n<p class=\"paywall\">Hubuc\u2019s platform enables any company to embed financial services in its product: services like issuing payment cards, controlling FX rates, and organizing customer payments. CEO Hasan Nawaz and COO Ignacio Javierre worked on pivot after pivot before launching HUBUC in May 2020. Their single API can embed financial services\u2014bank accounts, payments, FX rates\u2014into business offerings. HUBUC sits between financial partners and the company\u2019s product, managing contracts and regulatory requirements. February\u2019s seed round raised $10 million from DreamWorks founder Jeffrey Katzenberg\u2019s WndrCo, and Runa Capital. \u201cUse has grown exponentially, with the number of card transactions increasing by 1,600 since the beginning of the year,\u201d Javierre explains. <em>hubuc.com<\/em><\/p>\n<p>Last.app<\/p>\n<p class=\"paywall\">As the world started ordering food by app, who supported the food providers? Last.app is a B2B on-demand courier service for the restaurant industry, founded in 2019 by two brothers, both former Glovo employees, to serve hospitality businesses, restaurants, and ghost kitchens. Local entrepreneur and CEO Eric Nikolic saw that \u201ctechnology has made things more difficult, not less, for restaurants,\u201d he explains. So far the company has deals with local chains including PadThaiWok, Tony Roma\u2019s, Carl\u2019s Jr., and Miss Sushi. January\u2019s \u20ac2.5 million funding round, led by All Iron Ventures, a Spanish financier, with support from Bynd, is aimed at driving international expansion over 2022 for the currently Spanish language-only app. <em>last.app<\/em><\/p>\n<p>Vitaance<\/p>\n<p class=\"paywall\">\u201cInsurance is not a sector that\u2019s demonstrated much innovation so far,\u201d says Ana Zamora, long-serving insurance expert and now founding CEO of Vitaance. \u201cIt should contribute to lives, not just cover disasters.\u201d Working to overcome consumer perceptions that insurance is boring, Vitaance gamifies financial, social, mental, and physical improvements for a company\u2019s employees by offering rewards for individuals and teams that hit healthy physical, emotional, and financial goals. The Catalan company closed 2021 with a \u20ac3 million pre-seed funding round from SoftBank, Kindred Ventures, and Astorya, among others, to fund a research and innovation lab and expand employee benefits. <em>vitaance.com<\/em><\/p>\n<p>Payflow<\/p>\n<p class=\"paywall\">Payflow shares Catalonia\u2019s respect for civil society. The startup sells a salary-advance service to employers, charging companies a commission if staff withdraw a portion of their salary early, rather than charging staff, as rival services do. \u201cWe\u2019re providing a true employee benefit for blue-collar workers and will never charge employees,\u201d says Beno\u00eet Menardo, who cofounded the company in 2020 with Avinash Sukhwani. Among users it has a 40 percent average download rate, which peaks at 90 percent for some of its clients. Since its 2020 launch it has raised \u20ac12 million, with an \u20ac8 million round in January that included Spain\u2019s VC Seaya Ventures, Cathay Innovation, Y Combinator, and Steve Huffman\u2019s Rebel Fund to transition to a neobank. <em>payflow.io<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cBarcelona has triumphed over Madrid as Spain\u2019s startup capital because of the deal flow and the talent,\u201d explains Miquel Mart\u00ed, Tech Barcelona\u2019s CEO. \u201cInternational talent is attracted by the lifestyle, the strength of the ecosystem, and the presence of international companies.\u201d According to Barcelona &amp; Catalonia Startup Hub\u2014the region\u2019s startup directory\u2014there are over 1,900 startups [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1218272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-1218270","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrity-gossip"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1218270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1218270"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1218270\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1218270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1218270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1218270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}