Mallorca-based Incubator Raises ?1.2m, Announces First Investments

Mola.com (meaning "cool" in Spanish), a Palma de Mallorca based startup accelerator/incubator has raised ?1.2M three months after announcing it's official launch. The funding comes from Bernardo Hern?ndez, angel investor and currently Global Head of Marketing for Emerging Products at Google; Javier G?mez Navarro, ex Minister of Tourism in Spain; and Luis Chicharro, ex Executive VP Ibersuizas. Mola.com, founded by Enrique Dubois and Paco Gimena, dubs itself as a startup investment fund, an idea incubator, created by and for entrepreneurs. To date, they have participation in over 30 companies, including their own home-grown projects as well as adopted investments. The company claims a net worth of ? 3 million and a total of ? 11 million invested in collaboration with other investors.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/sauyyj_8ZtU/

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