Alma Mundi leads €1m round for Fairtime

The GP invested through its Alma Mundi Innvierte Fund. According to press reports, the fresh capital will boost the company's expansion through partnerships with companies in the Spanish market, as well as in the UK, the US and Mexico.

Alma Mundi Innvierte Fund targets Spanish B2B startups. The fund invests in series-A and series-B rounds with an equity ticket ranging between €500,000-5m.

Company
Founded in 2014 and headquartered in Madrid, Fairtime has developed an app that enables customers to sell or donate their spare time by engaging with advertising material.

People
Fairtime – Ignacio Linares (founder, CEO).

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• Topics
• Expansion
• Technology
• Southern Europe
• Spain
• Venture