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PlayFilm raises €1M to expand SaaS video marketing platform

Fides Capital participates in the last round of financing of Valencia-based interactive video marketing platform PlayFilm for a total amount of €1.1 million in seed funding along with top business angels and VCs. The company envisages investing this capital to achieve a solid foundation of product/market fit and, as a result, transform PlayFilm into a leading SaaS video marketing platform.

PlayFilm, one of Angels Capital’s (the investment arm of Mercadona’s founder Juan Roig) portfolio companies, has also received contributions from Spain’s top-tier C-level professionals, with renowned entrepreneurs such as Javier Rodríguez Zapatero (ex CEO of Google Spain), Marcos de Quinto (Vice President and CMO of Coca-Cola), Ángel Cano (ex CEO of BBVA), Toni Segarra and Luis Cuesta (Cofounders of SCPF) and Luis Bonell (ex CEO de Liberty Mutual International), appearing on the list.

Besides Fides Capital, other professional investors include Sabadell Venture Capital, The Crowd Angel and Sevenzonic.

Fides Participates in Follow-on Investment for Grupo Next

Fides Participates in Follow-on Investment for Grupo Next

Spanish startup Grupo Next has closed a new round of financing worth €1million with Fides Capital, the PMovil Group (Argentina / Brazil), Atresmedia, and Business Angels, led by Andres Echecopar, as participants.

Grupo Next has developed a platform for connected cars (“smart cars”) that leverages data to monetize safety and maintenance needs related to the vehicle and its owner. Drivers can access geolocation and safety data, perform a complete, remote diagnosis of the car’s condition, and even receive timely offers for needs as they arise, such as refueling, battery replacement, and tire maintenance. Additionally, the platform provides in-car WiFi for up to five passengers.

“The new financing round will allow us to execute our plan to connect more than one million vehicles next year across Europe, Latin America, and Asia,” says Javier Goikoetxea, founder and CEO of Grupo Next. “Big data allows us to create new, predictive models to make it easier for all the players in the automobile ecosystem to maximize revenues and contain costs — from finance, sales, and rentals to insurers and fuel providers.”

JoinUp Closes Additional €430,000 Round

Spanish transportation startup JoinUp, founded by Elena Peyró and Alberto López, announced a follow-on increase of €430,000 euros to boost expansion of its corporate transport technology across Europe. Big Sur Ventures, Cabiedes & Partners, and Fides Capital are renewing their investment in the company.
JoinUp, which had previously created a taxi sharing app, is at the forefront of the corporate transportation services sector with its focus on global mobility solutions for integrated travel management. Offering its  innovative enterprise platform in more than 50 cities in Spain, the company has recently embarked on international expansion with support for new locations in France and Portugal.