AGP Executive Report
Last update: 7 hours agoFunding & Scaleups: Barcelona biotech Ona Therapeutics closed an oversubscribed $86.6m Series B to push two first-in-class antibody-drug conjugates (ONA-255 for breast cancer and ONA-389 for colorectal) into clinical development. AI for SMB Operations: CommerceClarity, an AI agent platform for retail catalogue operations, acquired Barcelona’s Katalogo.ai; the deal brings Katalogo.ai founder Luca Cozzolino in as Chief Product Officer and aims to help brands manage product data quality across e-commerce channels. VC Spotlight: Barcelona HR-to-AI workforce platform Factorial raised a $150m Series D at a $2.5bn valuation, led by General Catalyst, to expand its AI agent approach for HR, finance and IT workflows across 90+ countries. Startup Ecosystem: South Summit opened in Madrid with a push for a Europe-wide market for startups, arguing “AI is not a threat” and calling for fewer barriers to scaling across borders. Energy & Infrastructure: Spain’s Turbo Energy updated its Nasdaq compliance progress after strengthening equity via 2026 fundraising, positioning itself as an AI-driven solar storage and energy management integrator.
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