“Expansión” the spanish economy newspaper, interviewed Kibo to talk about the great growth of the startups investment in Spain 2015 and the new fund Kibo Ventures has created.

Kibo Ventures Expansion

Approaching the end of the year, Expansion, the economy newspaper just published an article about the records that 2015 has broken in Spain in terms of investment in startups. Interviewing several key players in the startup investment scene in Spain, the article describes the milestones in 2015. ‘Ecommerce’ and ‘FinTech’ are shown to be the most attractive sectors of business in Spain, whereas in 2016 Big Data is expected to be the area with biggest growth potential.

In addition, Javier Torremocha and Aquilino Peña (founders of Kibo Ventures) explain the gap startups find on the expansion or internationalization phase. For Kibo, this problem is tackled by the creation of a new investment vehicle with about 80 million euros, which intends to finance roughly twenty companies by leading rounds between two and five million euros.

For further information: http://www.expansion.com/emprendedores-empleo/emprendedores/2015/12/17/5673025d268e3e03728b46a4.html

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