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Sunday, October 1, 2023

Zurbarán assists Ship2B in Rosita Longevity’s €2.4m financing round

Zurbarán Abogados has advised Ship2B Ventures as lead in a €2.4 million financing round for Rosita Longevity

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Rosita Longevity, an app that seeks to improve the quality of life of the elderly, has closed a €2.4 million funding round led by Ship2B Ventures -through BSocial Impact Fund co-invested by the European Investment Fund and Banco Sabadell-, and where JME, KFund, Seedcamp, Bankinter, Seedlink Health, Telefonica Wayra, the University of Chicago, and business angels such as Cristobal Viedma, co-founder of Lingokids, have also invested.

The startup, founded in Cofrentes (Valencia) in mid-2020 by Juan Cartagena, Clara Fernández, and David Gil, had already closed a €430,000 round in October 2020 led by JME Ventures that allowed them to launch a beta product in Spain. Now, with this new round of investment, they are looking to improve the app, scale the product, and begin monetisation with a premium area, as well as start their internationalisation with the United States as the first key geographic target.

“The implications of ageing on people’s physical and emotional condition are either mismanaged or completely ignored in today’s society. That is why Ship2B Ventures invested in Rosita Longevity, which we consider a startup with great potential and necessary for a group, the over-60s, which makes up almost 30% of the global population and, therefore, a very interesting market,” said Maite Fibla, co-founder and managing partner of Ship2B Ventures.

Zurbarán Abogados´ team advising Ship2B Ventures was led by partner Ricardo Torres, along with associate Ana Barroso.

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