Elaia, Nauta lead €5m series-A for Geoblink

Nauta is deploying capital from its Nauta Tech Invest IV Fund, which held a final close on $170m in April 2017.

The government of Madrid and Neotec CDTI, a public organisation for technology development in Spain, were among the investors.

The company will use the fresh capital to consolidate its presence in the Spanish market and bolster its international expansion, especially in France and the UK.

Previous funding
In 2016, Nauta led a €1m seed funding round for Geoblink, alongside Spanish accelerator Lanzadera and some business angels.

Company
Founded in 2015 and based in Madrid, Geoblink specialises in Spanish location intelligence and helps companies operating in the retail, consumer goods and real estate sectors forecast their sales and optimise their distribution strategy and marketing. Geoblink gathers public and private data and combines it using algorithms and machine learning techniques to cross-analyse the information collected and display it through a visual interface.

People
Elaia Partners – Samantha Jerusalmy (partner).
Geoblink – Jaime Sánchez-Laulhé (founder, CEO).

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• Topics
• Expansion
• Southern Europe
• Technology
• Nauta Capital
• Venture