Spanish Group Coupon Service Groupalia Raises ?2.5 Million

Posted May 11, 2010

Groupalia is a Spanish coupon group buying service that has raised ?2.5 million ($3.17 million U.S.). Nauta Capital led the round and Spanish bank la Caixa participated. Other investors include Lucas Carné and Jose Manuel Villanueva. Groupalia plans to expand in Mexico, Brazil and Italy. [TechCrunch Europe]