Spanish accelerator: secures €1.2 million

1, a Palma de Mallorca based startup accelerator, has just completed a €1.2 million round of financing. The fresh capital will partly be used to invest in 7 brand new Spanish startups (,,,,, and This brings’s portfolio to 33 companies – 9 majority stakes and 24 participations. The young accelerator hopes to receive 1,500 projects in 2012, of which it plans to select another 15.

The startup accelerator was founded in 2011 by Enrique Dubois and his team. Find out more about the Palma de Mallorca based seed investment fund, its accelerator model and its team by watching the following video:


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