Spherag closes an investment round to reduce water and energy consumption in the agricultural sector

Spherag closes an investment round to reduce water and energy consumption in the agricultural sector

Ship2B Ventures , Bonsai Partners and BayWa Venture GmbH have led Spherag’s investment round for its expansion and entry into urban use.

Spherag’s solution reduces water and energy consumption in the agricultural sector by up to a third, reducing costs for farmers.

Founded in 2020, it already has a presence in 15 countries, more than 450 agricultural operations and covers an area of ​​about 50,000 hectares.

Zaragoza, September 5, 2022. Spherag , the Aragonese startup that speeds up access to technological solutions for farmers and allows reductions of up to a third of water and energy consumption in the agricultural sector, has recently closed an investment round to continue helping farmers through its Internet of Things (IoT) platform to convert their farm into a digital, intelligent and sustainable facility.

The Barcelona impact venture capital firm Ship2B Ventures -through BSocial Impact Fund, the largest impact fund for startups in Spain supported by the EIF, Banco Sabadell and AXIS-, together with the venture capital firm Bonsai Partners and BayWa Venture GmbH, the investment arm of the leading German company in renewable energy solutions, has led the investment round that will allow it to expand operations and develop new functionalities in the area of ​​precision irrigation for urban use.

The company founded in 2020 already has a presence in more than 15 countries and has more than 450 agricultural operations from Australia to the United States to digitize and automate an area of ​​about 50,000 hectares. “Combining technology with comfort and ease of use is what distinguishes our solution, which already has a presence in Australia, the US, Italy, Germany, Switzerland or France, among others,” explains Jesús Ibáñez, CEO of Spherag.

According to Marc Sabas, director of investments at Ship2B Ventures, “Spherag offers a clear and direct value proposition for farmers, allowing them to reduce time and costs while reducing and optimizing the use of water, a scarce resource, for irrigation. . The traction the team has gained to date is remarkable, thanks in part to the team’s experience in the agricultural world and their knowledge of the dealer network to get Spherag to any field in any country.”

According to Martí Escursell, managing partner at Bonsai Partners, “Spherag perfectly meets what we are looking for in our investments: a disruptive technological solution in terms of costs and functionalities that has achieved very clear global adoption in a very short time, in a huge market and with a lot of “momentum” and led by an entrepreneurial team with a lot of experience that has come here with a very efficient use of capital”.

Regarding the effort involved on the part of the farmers, Ibáñez points out that integrating IoT modules takes very little time. “A typical irrigation system consisting of ten valves, a pump and a mixer can be automated in one morning and with this the system already offers a great advance in sustainable field management.” The company, which currently has 12 employees, continues to work on improving the solution that “in the future will provide new features for farmers such as managing irrigation remotely using their smartphones instead of opening and closing each of the valves by hand”, concludes Ibáñez.

“EL South Summit 2022 cumple su decimo aniversario con un ecosistema único”

“EL South Summit 2022 cumple su decimo aniversario con un ecosistema único”

Se confirma que Madrid es un motor de innovación a nivel nacional e internacional en la feria South Summit que se ha celebrado del 8 al 10 de junio

  EL South Summit cierra su edición número 10 con un evento único en el centro de innovación del ayuntamiento de Madrid La Nave que alberga a empresas consolidadas en el mundo de las tecnologías , las comunicaciones, el business,  etc.

Es de valorar empresas que han tenido su presencia como coorganizadores por el Ayuntamiento de Madrid e IE University , socios globales como  Wayra, telefónica innovación ,BBVA, Astrazeneca, Mutua Madrileña, Endesa, Google For Startup y Sabadell Startup. por ultimo los socios pioneros como Caixa Bank Day One,  Once y ferrovial, todos ellos en un mismo camino de acción en sinergia por un evento que aporta un ecosistema único de relaciones interpersonales con  los nuevos emprendedores con futuros talentos se unen en  tres días de evento para volver a visitar en este 2023 ,

La Nave, es el espacio elegido desde el año 2016, cuenta con diferentes programas de emprendimiento adaptados a todas las etapas de desarrollo de cualquier proyecto innovador y, entre ellos, destaca el de aceleración de startups, que se ha convertido en uno de los protagonistas de esta 10ª edición del evento en este evento se apuesta por los futuros talentos realizando una competición con la selección de  diez empresas finalistas de la ‘Startup Competition’ que se ha celebrado en la 10ª edición de South Summit, el evento de innovación más importante del sur de Europa  del 8 al 10 de junio, han participado en el programa de aceleración de empresas de La Nave, el centro de innovación del Ayuntamiento. 100 startups que compiten como finalistas de la ‘Startup Competición’ la mitad de ellas son de procedencia española, especialmente de Madrid, Barcelona y Valencia, mientras que la otra mitad viene desde 29 diferentes países como Reino unido, EEUU, Alemania, Israel, Suiza o Brasil, entre otros.

El evento busca ser una ventana donde los proyectos que se han seleccionado puedan presentar su pitch en el escenario, tener reuniones personales con inversores reconocidos, además de contar con alcance global y acceso a potenciales clientes.

El gran premio de esta décima edición ha recaído en la startup española Payflow Originaria de Barcelona, esta plataforma B2BC permite a los empleados de una empresa acceder a sus ingresos bajo demanda. Gracias a ello, los trabajadores pueden utilizar esta app para recibir al instante una fracción de su salario ganado, independientemente del día o del lugar en el que se encuentren.

El resto de proyectos ganadores por verticales en #SouthSummit22 han sido los siguientes:

Connectivity & Data. Otorgado a la startup coruñesa Codee especializada en Deep Tech, gracias a su plataforma de análisis de código estático impulsada por IA que aumenta el rendimiento de los dispositivos electrónicos.

Digital Business. Los madrileños Usyncro alzaron con el premio gracias a una plataforma escalable para permitir y facilitar la sincronización de los diferentes participantes y sus sistemas de forma sencilla.

Education. La también madrileña Singularity Experts ganó el vertical gracias a su plataforma que orienta a las personas que no saben qué estudiar o en qué trabajar sobre los empleos del futuro y la formación perfecta para ellos.

Consumer. La startup británica ZEG.ai quedó primera en la competición del vertical de consumo. Con sede en Londres, genera fotos de alta calidad para los productos de empresa de eCommerce, por menos de 30 dólares y en 5 minutos.

Health & Wellbeing. Tucuvi originarios de Madrid, se alzaron como ganadores de este vertical gracias a sus programas de monitorización remota para el cuidado del paciente en casa, a través de una plataforma virtual de IA.

Durante el transcurso de esta jornada también se han dado a conocer los premios que reconocen a las startups más disruptivas, escalables, sostenibles y al mejor equipo. La valenciana Zeleros ha obtenido al galardón a la startup Más Disruptiva. Este proyecto ha liderado el desarrollo de un proyecto de Hyperloop, un sistema de transporte

La startup Nware ha sido reconocida con el premio a la startup Más Escalable gracias a su plataforma de juego cloud que permite a los usuarios jugar a cualquier juego en cualquier dispositivo, sin necesidad de que compren una consola.

La catalana Nextmol, ha recibido el galardón al Mejor Equipo. Esta startup de Barcelona ha creado un laboratorio virtual para acelerar el diseño de productos químicos mejores y más sostenibles. Todo ello gracias a técnicas computacionales como el modelado molecular y el aprendizaje automático.

Por último, el premio a la startup Más Sostenible ha recaído en Ryp Labs Esta startup estadounidense desarrolla soluciones sencillas y eficaces que pueden utilizarse en cualquier punto de la cadena de suministro de productos alimentarios. Todo ello con el objetivo de garantizar un proceso productivo 100% sostenible.

“El evento como motor de Madrid es un escaparate  internacional para startups y emprendedores con oradores de lujo”

Coorganizado por el Ayuntamiento de Madrid e IE University, esta edición de South Summit ha conseguido reunir de forma presencial al ecosistema emprendedor español y mundial en La Nave, llenando por completo el espacio durante tres días. De entre todos los asistentes, un 40 % han sido startups; un 30 %, corporaciones y un 12 %, inversores. Además, se han celebrado más de 1.000 reuniones one to one y también han estado presentes 220 fondos de inversión (un 72 % internacionales) con una cartera de 250.000 millones de dólares. /en este evento han participado: Brasil organizador del South Summit en ese país , Portugal , Argentina con presencia de su agencia de inversiones y comercio internacional con 11 startup , la empresa Invest Hong Kong inversionista y asesores de inversiones en el país asiático entre otros u oradores de la talla de Al Gore Ex presidente de los EEUU  y activista de la sostenibilidad, Maria Gabriel Miembro de la comisión europea, Pablo Isla CEO y expresidente de Inditex actual Consejo Rector Internacional de IE University, quien fue considerado en 2020 como el mejor CEO de la década por Forbes. Sal Khan, fundador y CEO de la organización educativa sin ánimo de lucro Khan Academy, Zaroff, fundadora y CEO de ECOfashion Corp, referencia del sector de la moda sostenible. Marc Oshima Cofundador y CMO de AeroFarms, Hrish Lotikar cofundador y director general de SuperWorld, un mundo virtual de realidad, como Iker Casillas con su nueva  aceledaora  de Startup SportBoost .

“Te esperamos en el 2023 en Madrid siguiendo apostando por la innovación y el desarrollo de la calidad de las personas y la sostenibilidad e nuestro medio ambiente”

SOUTH SUMMIT 2022 June 8-10th | Madrid

10 YEARS BUILDING THE ECOSYSTEM

South Summit Madrid was born in 2012 as Spain Startup to boost economy through innovation and entrepreneurship. 10 years later we are proud of having built a solid ecosystem and having a referent encounter became more and more relevant in the startup world.

SOUTH SUMMIT 2022 June 8-10th | Madrid

2022 will be our 10th anniversary. To celebrate it we are preparing the best edition to date. Connect with key players in the ecosystem, find business opportunities and meet new talent, all in one place. Are you gonna miss it?

SOUTH SUMMIT 2022 Madrid

South Summit Madrid – June 8-10

South Summit Madrid – June 8-10

Al Gore and Pablo Isla, are among the confirmed speakers for South Summit Madrid 2022

  • The former Vice President of the United States and the CEO of INDITEX until last March will be some of the star speakers at this 10th edition of South Summit, the global meeting for entrepreneurship and innovation.
  • Along with them, at the moment there are 450 confirmed speakers who will share with the attendees their successful professional career and expertise in the field of innovation and the business world.
  • South Summit 2022, powered by IE University, will be held June 8-10 at La Nave in Madrid under the theme ‘decoding complexity’.

 

Madrid, May 24, 2022

South Summit , co-organized by IE University , the leading meeting of the innovation and entrepreneurship ecosystem will be held in Madrid from June 8 to 10 . At the inauguration of this 10th edition of South Summit will be Al Gore, former vice president of the US and candidate for the elections of the North American country in 2000, and Pablo Isla , CEO and president of INDITEX until last March.

Al Gore is also known for his role as an environmental activist and for being one of the world’s leading climate change advocates , as well as being the founder of the Climate Protection Alliance and Generation Investment Management. He will be present at South Summit Madrid 2022 telematically. In this speech he will share, among other topics, how he works in the search for smart and sustainable transport solutions to reduce environmental pollution, one of his main objectives in the fight against climate change.

For his part, Pablo Isla, a renowned businessman who has spent 17 years in the Inditex group , first as executive director and vice president and, in the last 11 years, as CEO, will also participate in this 10th edition of South Summit. Following his departure from Inditex, he has become the new chairman of IE University’s International Governing Board and has also joined as global senior advisor to the General Atlantic fund.

In 2017 and 2018, Pablo Isla was considered the Best Executive Chairman in the World by Harvard Business Review. In 2020, Forbes also distinguished him as the best CEO of the decade. An expertise and professional career that will inspire South Summit attendees.

Both leaders will be at this edition of South Summit, when it celebrates 10 years as the main global meeting point for the entrepreneurship and innovation ecosystem . A place where entrepreneurs, investors and corporations meet to generate real business opportunities in the global entrepreneurial ecosystem.

An objective that will be met again in this year’s edition, which will be held again at La Nave in Madrid, where the more than 450 speakers of recognized international prestige who have confirmed their participation so far will meet. These leaders will share with the attendees their professional careers of success and expertise in the field of innovation and the business world.

Among them are Sal Khan, founder and CEO of the non-profit educational organization Khan Academy ; Marc Oshima, co-founder and CMO of AeroFarms, leaders in sustainable indoor farming; Marci Zaroff,  founder and CEO of ECOfashion Corp, a benchmark in the sustainable fashion sector; Iñigo Charola , CEO of the biotechnology company BioTechFoods , dedicated to the development of synthetic meat; and Hrish Lotikar, co-founder and CEO of SuperWorld , an augmented reality (AR) virtual world geographically mapped to the real world, among other profiles.

The great advances in technology, the speed of innovation or the great challenge of fighting climate change will be some of the central themes of the South Summit edition content program . A program that will be articulated under the motto ‘[de]coding complexity’ (decoding complexity).

The 100 finalist startups of the Startup Competition will also be present at South Summit Madrid 2022 , chosen through a rigorous selection process from more than 3,000 candidates from 114 countries. The 100 finalist startups correspond to a wide variety of sectors and have innovative and cutting-edge projects, such as a robot that automates the process of harvesting and collecting food on farms or a forest fire detection system from outer space.

For this year’s edition, South Summit is expected to generate an economic activity of around 20 million euros in the city of Madrid during its celebration , with the more than 22,000 attendees expected at this essential event for the entrepreneurial ecosystem and the overall innovation. In the last 2021 edition, all attendance and participation records were broken , with more than 1,600 investors with a portfolio of approximately 135,000 million dollars, 8,000 startups, 680 speakers and 7,000 corporate members.

The edtech startup Smowltech closes a €1.65M investment round with Wayra and the impact funds Fondo Bolsa Social and Sparkmind

The edtech startup Smowltech closes a €1.65M investment round with Wayra and the impact funds Fondo Bolsa Social and Sparkmind

  • The Spanish company offers supervision solutions that allow educational institutions and companies to check online exams, strengthening the quality of online training and making it more accessible.
  • The objective of the capital increase is to continue developing its technology and accelerate the consolidation of its business both in Spain and in Latin America.

Madrid, May 4, 2022.- The Spanish edtech startup Smowltech has closed an investment round of 1.65 million euros . Wayra , Telefónica’s open innovation hub, has been one of the investors that have participated in this round led by the Social Stock Exchange Fund , a reference fund in Spain for social impact, and Sparkmind VC , a Finnish fund specialized in the education sector .

With the closing of this funding round, Smowltech will continue to develop its cutting-edge monitoring technology , strengthen its product and marketing teams, and consolidate its presence in its core markets in Europe and Latin America.

Established in San Sebastian in 2012, Smowltech has developed a proprietary technology that can continuously verify user identity using multi-biometric data . Funded with support from the European Commission, its technology enables education providers to verify the identity of students taking exams online, while also monitoring their behavior during the task.

Monitoring solutions like those from Smowltech are key to ensuring the credibility and quality of online education providers , as they significantly mitigate the risks of fraud during online assessments. At the same time, in line with the United Nations Sustainable Development Goals (SDGs), online education can accelerate universal access to education, thus contributing to the generalization of quality education (SDG 4), while facilitating the socioeconomic development of the student, regardless of their socioeconomic status.

In particular, online education helps overcome physical barriers for people with disabilities and removes geographical barriers for students located in rural or remote locations, particularly those in emerging countries. In addition, it facilitates the social inclusion of low-income students who cannot afford travel or accommodation costs during training programs. Additionally, online education provides flexible learning paths for people with work schedules or family commitments incompatible with face-to-face training, who want to educate themselves to improve their socioeconomic situation.

Currently, Smowltech supports more than 100 educational institutions, companies and governments to provide confidence in their online learning processes (exams, certifications, recruitment, etc.), mainly in Europe and Latin America.

“We are committed to achieving a world with access to quality education, reducing the barriers that prevent it, thus creating better opportunities for all. We are sure that solutions like ours really have a positive impact on users’ lives. Sharing these types of values, which are the basis of our business at Smowltech, allows us to continue innovating and improving the quality of our service”, said Ricardo Vea , Founder and CEO of Smowltech.

For José Moncada , general director of Fondo Bolsa Social, “the technology developed by Smowltech makes it easier for students with limited resources or with mobility problems to access training of verifiable quality. It is a great step forward in the new training models and we believe that it can be instrumental for the social elevator to work properly. We see a huge potential for social impact of Smowltech to improve education in our country. And, in particular, in Latin America, where geographical dispersion and social inequality are more accentuated”.

“At Wayra we are excited to invest in Smowltech, a startup that is capable of providing a layer of reliability and trust to remote assessment processes with the use of technology. With its solution, increasingly useful if we take into account the rise of online education, Smowltech is already transforming and improving the lives of all evaluators and teachers who work remotely”, explains Paloma Castellano, director of Wayra Madrid.

About Wayra

Wayra is the entrepreneurial initiative of Telefónica’s Open Innovation program, the most global, technological and connected in the world. It has seven Wayra Hubs, facilities in nine countries in Latin America and Europe through which it invests and supports startups; Wayra X, a digital hub that invests in 100% digital startups; Wayra Builder, a corporate venture builder to create, together with other investors, innovative startups born from Telefónica’s internal technological projects; and Wayra Next Trend, a window to digital innovation on trends and innovative applications. In addition, through the Wayra Activation Program, it offers entrepreneurs exclusive and free access to new technologies through Telefónica’s own platforms.

About Smowltech

Smowltech is an edtech startup with a mission to build trust in online learning to improve accessibility to quality online education and, as a result, empower users to access new learning opportunities that can significantly improve its quality . of life.

About Sparkmind

Sparkmind is the first Nordic venture capital fund focused exclusively on the learning sector. The fund invests from early stage to Series B in teams that transform the way the world learns. Their investments are focused on solutions that improve learning outcomes, increase learning access and efficiency, or use data insights to better support educators and students.

About Bolsa Social Fund

Bolsa Social Impacto FESE is a social impact fund that invests in early-stage Spanish startups (pre-seed, seed and series A) with high growth potential and with the mission of producing a measurable and positive impact on society or the environment. The Fund has made ten investments in companies with an impact on health and well-being, inclusive and quality education, responsible production and consumption, climate action, and social integration and development. Registered by the CNMV as a European Fund for Social Entrepreneurship (FESE), it is managed by the management company Analistas Financieros Internacionales (Afi Inversiones Globales, SGIIC) and its advisory team is led by José Moncada, founder of Bolsa Social.

EU-Startups Summit! On May 12-13, 2022

EU-Startups Summit! On May 12-13, 2022

On May 12-13, 2022, we’ll be hosting the next edition of our annual EU-Startups Summit! At this exclusive in-person event we’ll be showcasing many of Europe’s hottest startups and coming together to learn from some of the most successful European entrepreneurs of our time. Ready for two days of networking, inspiration and learning?

Audience/Focus: The EU-Startups Summit 2022 will gather over 1,500 founders, startup enthusiasts, corporates, angel investors, VCs, and media from across Europe. The two-day event is a great opportunity for networking (with a dedicated networking app), and a meeting point for aspiring entrepreneurs and investors who are aiming to build international tech companies. We’ll have fireside chats with internationally successful founders, insightful keynotes, and an exciting pitch competition with the finals happening on our main stage with 15 startup teams – selected from over 1,300 applicants!

Exhibition Hall: In the exhibition hall at our EU-Startups Summit we’ll have 60+ companies presenting this year. An overview can be found here.

Pitch Competition

During the EU-Startups Summit, we’ll also have a big pitch competition with 15 of Europe’s most exciting early-stage startups. The pre-selected startups are going to pitch their business idea with a 3-minute-presentation in front of our attendees and an expert jury of well-known investors. The winning startup team will receive an awesome prize package worth €125k. The application phase closed on March 17 and the 15 finalists have recently been announced here.