TripStop has been declared the winner of the first stop of Venture on the Road. The program has been organized by BStartup of Banco Sabadell, SeedRocket, and Wayra, Telefónica's Corporate Venture Capital arm, with Google Cloud joining as a collaborator. The 8th edition of Venture On The Road, which kicked off this year in Asturias, maintains its objective of seeking out the best investment opportunities in each region and giving early-stage startups the chance to present their projects to investors and build a high-quality professional network. At this first stop, held yesterday at the Gijón Science and Technology Park, Venture On the Road collaborated with local partners through CEEI Asturias, Gijón. Impulsa, Astur Valley, and El Camaleón de Rubik. The four finalist startups were: AcuPet: a computer program to monitor the health of pets using its own neural networks, which also helps to promote healthy actions in people.
· Enfasys: A modular control system for managing energy flows, to be implemented in the commercial and industrial sectors with a hybrid installation combining solar generation and lithium battery energy storage.
· Code Evolution 24: A multi-tool space where communities can reach their entire audience in a controlled environment, interacting with them while generating valuable data for their businesses.
· TripStop: an app to find spaces for motorhomes or campervans where you can stay overnight, providing real-time verified tourist information and bookings.
Also participating in the event was Rubén Ferreiro, CEO of Grupo Viko, co-founder of Yaba, managing partner of Lanai Partners, and mentor at SeedRocket, who gave a presentation to the entrepreneurs entitled: “Key Decision: Self-Financing or Venture Capital in Your Company,” where he addressed the various forms of financing available to entrepreneurs and the implications of each.
TripStop, the winning startup of Venture on the Road Asturias, has already secured its place in the grand national final to be held in May 2025. Madrid, along with the winning projects from the other cities. It will also be able to participate in Google Cloud's digital natives program with up to $2,000 in credits valid for 12 months, architecture review and technical support from the platform's engineers, as well as preferential access to advanced training programs from Google Cloud Platform. Furthermore, it will automatically be entered into the selection process for SeedRocket's Entrepreneur Campus (33rd or 34th edition), to be held in May and November 2025 respectively. Venture on the Road begins its tour of different Spanish cities in Gijón to locate talent and promising startups at a regional level beyond the major hubs such as Madrid and Barcelona. Specifically, the event will take place in Zaragoza, Seville, Bilbao, Girona, and Alicante.
About Wayra
Wayra is Telefónica's Corporate Venture Capital arm, through which it invests in startups with the potential to bring innovation to Telefónica and provides innovation services to third parties, helping them take their open innovation initiatives to the next level.
With a global presence, it has seven hubs in Europe (Spain - Madrid and Barcelona -, the United Kingdom, and Germany) and Latin America (Brazil, Argentina, and Colombia), and teams operating in nine countries. Through its funds, it also has a presence in Silicon Valley and Israel.
Since its creation more than 13 years ago, Wayra has invested €233 million in over 1,100 startups and currently has over 530 startups in its portfolio, of which over 190 work with Telefónica. We also have a network of over 140 partners and clients, and two innovation platforms (Alaian and Open Future) open to third parties.
About BStartup
Banco Sabadell's BStartup is the pioneering financial service in Spanish banking for startups and scaleups, providing them with specialized banking and equity investment. It offers startups and the entrepreneurial ecosystem specialized banking services, including access to managers specializing in startups, specific financial products, and its own risk management system. Its equity investment targets early-stage digital and technology companies with strong growth potential and scalable, innovative business models. Additionally, it can make follow-on investments in the startups in its portfolio through Sabadell Venture Capital. BStartup has over 5,000 startups among its clients and has invested in more than 95 startups.
About SeedRocket
SeedRocket is the leading ICT startup accelerator in Spain. It is a private initiative founded in 2008 by entrepreneurs for entrepreneurs with early-stage projects. It provides training, funding, and a network of contacts to boost the development of their startups, as well as a shared workspace at its startup accelerator centers in Barcelona and Madrid. SeedRocket has the particularity that it is a non-profit association and does not retain Equity from the startups it supports.