# Newe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newe

- Industry: Software
- Headquarters: Sevilla, Spain
- Website: www.newe.eco
- Total disclosed funding: $0.2M
- Latest round: Seed (Oct 26, 2021)
- Investors on record: 3

## About

Based in Sevilla, Spain, and founded in 2020 by CEO Pablo Candau and COO Ramon Borruel, Borcanbar SL, d.b.a. Newe, operates as a provider of an end-to-end technological and operational solution that allows retailers, manufacturers, and distributors to automate business activities like rental services, reverse logistics, insurance processing, and warehousing. In July 2023, Newe raised EUR 1.1 million in venture funding led by Fondo Bolsa Social, with participation from Bstartup Banco Sabadell, Easo Ventures, zone2boost, and DraperB1.

The company offers business-to-business SaaS-based rental management software solutions that allows retailers to rent their products online and shows the most relevant data. Newe manages the direct and reverse logistics, storage, insurance, and quality control of the rented products. The firm’s client base includes businesses from various sectors, such as PcComponentes, Forum Sport, Worten, Cecotec, and others.

The company plans to use its proceeds from July 2023 funding to further improve its product, professionalize various departments, and advance its client portfolio, which would allow it to enter international markets.

## Funding rounds

- Seed, Oct 26, 2021, $0.2M — DraperB1, Aurorial, Unitatea

## Investors

- DraperB1 (https://capitalatlas.ai/funds/draperb1) — Seed
- Aurorial (https://capitalatlas.ai/funds/aurorial) — Seed
- Unitatea (https://capitalatlas.ai/funds/unitatea) — Seed