Volava — Series A · €2M

Volava raised €2M co-led jointly by Inveready, JME Ventures and Wayra (Telefónica) after pandemic demand multiplied its sales roughly tenfold, taking 2020 revenue to about €2M; founders Joel Balagué and Ana Roig kept 51% and the money was earmarked for expansion into the Netherlands, Germany and Denmark. No single lead was named — the three funds were described as leading together. Crunchbase carries a Series A record for this round while some databases classify it as a seed round; Volava went on to seek a €10M round in summer 2021 that it postponed, took roughly €3M in shareholder loans in 2021-2022 (loans, not announced rounds), and filed for concurso de acreedores in July 2023.