COVID-19 has become more than a health crisis, it’s causing all kinds of problems among society as we’ve seen in the news and experienced ourselves. As a result, many startups have expressed their willingness to help, either by trying to find solutions or making their products and services available to everyone. At Itnig, we’ve come across amazing initiatives, no matter the size or type of company!

Here are 13 different startup initiatives to fight the crisis together:

Factorial 

Factorial is an HR software that allows companies to manage everything related to their employees, such as remote work, something very important these days. The startup has taken the initiative to extend the free trial period during the crisis. Above all, its goal is to help companies that are trying to digitize all their processes.

Classlife

Classlife is an all-in-one platform for managing schools. The startup just launched Classlife Rooms, a free tool for teachers and students that seeks to help the nearly ten million students who cannot attend class in Spain because of COVID-19.

Andjoy

Andjoy is an online wellness platform that allows its users to access multiple gyms and centers of all kinds. Since it can’t operate regularly these days, it began to offer 3 Yoga and 3 Pilates online classes per week! They also offer instructor-led Functional Training classes. The point is to still be able to keep a healthy lifestyle even in quarantine. Check them out!

Cabify

Cabify for Heroes is the name of the initiative by Cabify. The mobility company offers 44 hospital centers in Madrid a free service for healthcare professionals. It operates from Monday to Sunday, from 8 a.m. to 9 p.m.

Drawful 2 

The creators of Jackbox.tv are giving away Drawful 2 for free. It’s a Pictionary-style game, you can play it through your phone or iPad. If you are looking for things to do with friends and family while on video calls, this is perfect since you can play remotely with other players. 

Badi

Badi, the long-term room rental platform, will allocate 400 rooms to accommodate displaced health professionals in the city of Barcelona.

Domestika

To promote the #YoMeQuedoEnCasa movement, Domestika uploaded 10 different courses for free. You can check them out here

HumanITcare

HumanITcare is providing its hospital telemedicine platform for free. Through it, health professionals can remotely monitor patients who are at home. Health institutions can see which areas of their cities have more patients with certain pathologies.

Tetuan Valley

The startup pre-accelerator offers free online sessions to help startups and entrepreneurs get through these difficult times. Experts conduct the sessions to cover different topics, such as best practices for remote working in teams or crisis management. You can find the schedule on the web.

Bridge for Billions 

Bridge for Billions announced The Leap- Solutions for Humanity, a free early-stage support program. It will support 20 entrepreneurs, whose value proposition is focused on solving problems for those affected by Covid-19. The call ends on March 29th, you can apply through the web.

Nomo

Nomo is a fintech app that integrates financial services and business management tools for freelancers. To help freelancers affected by the crisis, the app is offering all of its services available for free for one month. Also, it won’t charge its current users the next month of subscription. 

Byld

Byld created “Ventures for Change” a collaborative platform to find solutions to situations caused by COVID-19. The venture builder offers its experience and access to corporations and professionals from all sectors.

Oakademia

Students are having online classes as their only way to keep up with their studies. Consequently, the startup Oakademia decided to put all its courses for free. The goal is to help high school students, without the need of an independent tutor.

In conclusion, there’s always a way to contribute and help each other, especially in tough times like these.

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I.

Investment Funds for Startups in Barcelona

You have an early-stage project ready for success, but chances are, you need funding. Without funding, reaching success is very hard, not to say almost impossible. If you are confident enough and ready to share your project with the rest of the world… Located in Barcelona, here are Tech Investment Funds for startups you can reach out to.

Man shaking hands after an investment agreement

Active Venture Partners

Active Venture Partners logo

Founded in 2004, Active Venture Partners invests in Europe and continually searches for astounding business visionaries with great ideas that will have an impact on our society. The enterprise believes that with the right support and direction an organization has more chance to turn into a pioneer than competition. Furthermore, they have an active community where they also like to join for some networking and beer. 

Apply to the Fund: You will need to contact them directly by phone +34 93 178 6868.

Galdana Ventures

Galdana Ventures logo

Galdana Ventures is a €900M fund founded in 2015. They are investing into a portion of the top level firms in the Unites States, Asia, Israel and Europe. The companies in which they choose to invest must have a competitive advantage in order to distinguish themselves. In addition, the team has over 100 years of experience in entrepreneurship and investment. 

Apply to the Fund: You can either contact them by phone +34 93 187 03 16 or by email.

ABAC Solutions

ABAC Capital logo

ABAC Solutions has been investing approximately €320M since 2015 into Spanish medium-sized organizations. The founders are disciplined investors. Therefore, their investments are well thought, and their interest must be aligned with their investment criteria. You need to make sure you check all the boxes before applying.  

Apply to the Fund: In order to get in touch with ABAC Capital, you need to complete this form.

Nauta Capital

Nauta Capital logo

Since 2004, Nauta Capital is looking for passionate entrepreneurs who are looking for a challenge which is achievable with limited funding. The enterprise is passionate about capital-efficient disruptors that are reimagining large industries where technology has had limited impact. Additionally, they invest into European B2B software companies. They are eager to find motivated and innovative teams. 

Apply to the Fund: You can either get in touch with one of Nauta Capital’s employee or reach to them through their application form.

Inveready

Inveready logo

Active since 2008, Inveready invests into early-stage technology based companies. More particularly, they invest “through 4 verticals: Venture Capital in Digital Technology, in Life Sciences, Venture Debt and Hybrid Financing“. They detain more than €400M of assets under management. In 2017, the enterprise received the Best Venture Capital firm in Spain.

Apply to the fund: You can send your deck here.

Lánzame Capital

Lánzame logo

Lánzame Capital is a pledge fund which invest into startups. The fund is detained by private investors who all come from different industries. They believe it can sometimes be difficult to obtain a fund for your project. This is why they created this platform in order to build a bridge between entrepreneurs and investors.

Apply to the fund: The investors will consider your project once you have send it here.

VentureCap

VentureCap logo

Venture Cap was founded in 2000 and has been investing into growing startups since then. The fund was created by entrepreneurs who wanted to transmit their knowledge to new teams as well as helping them accelerate their growth. Being apart of the investment funds for startups in Barcelona, VentureCap looks into 4 sectors: E-commerce, Health, Technology and Education.

Apply to the fund: You can contact them here.

Nero Ventures

Nero Ventures logo

Nero Ventures is a venture capital fund which focuses on technology-based companies.They help them creating value and realising their business vision. The firm invest into early stage startups. More precisely, they either invest into “Enterprise software technology B2B” or “Consumer software technology B2B2C“. More information on their website.

Apply to the fund: They would prefer if you are recommended by someone of their knowledge. You can get in touch with them by phone + 34 933 65 81 78.

Itnig Fund

Itnig logo

Itnig Funds invests 100.000€ per company and they offer their support without getting in the middle. They focus on understanding the market opportunity and making sure they fully align with the team. Moreover, they look for intuitive and fast movers, talent developers, hard workers, customer oriented, bottom line focused and growth obsessed. All at the same time!

The Pitch to Investors event is linked to Itnig’s Fund. Every Thursday, entrepreneurs have the opportunity to pitch their project in front of investors and an audience. You get an instant feedback from investors. Afterwards, you have time to network and have a beer.

Apply to the Fund: You will need to go to their website and apply as an entrepreneur. Then, they will send you a video interview request by email – you will answer to questions pre-registered. After that, they might invite your to the Pitch to Investors. Investors will get back to you if the project catch their interest.

To sum up, these investments funds are always looking for a unique project which detains the one competitive advantage on the market. We hope the investment funds for startups in Barcelona will be in your favour. In other words, good luck with your project and thank you for reading!

#Startups Barcelona #Funds startups