News
Basket, the ecommerce start-up dubbed ‘the next UK unicorn’, announces £2.5 million in an oversubscribed seed funding round led by long-term backers, Lightbank ventures. The funding will be used to expand into global markets, develop in demand product features, grow retailer and publisher relationships, and launch a fresh brand and marketing strategy.
South Summit’s Entrepreneurship Map 2023, developed in collaboration with IE University, highlights that the Spanish entrepreneurial ecosystem has consolidated the path to maturity thanks to the growing number of startups that accumulate more years of traction in the market, among other factors. In 2023, Spanish startups are on average 3.12 years old, when this statistic in 2019 reached 2.2 years. In addition, 17% of startups in Spain are already scaleups and 4% have a consolidated business.

















