VivaTechnology 2021 (Hybrid)

The European hotel technology sector is experiencing unprecedented consolidation as independent hotels scramble to compete with OTA dominance. Leading this charge is Amenitiz, the Spanish hotel management platform that has just secured €38.9 million in funding to accelerate its expansion across fragmented European hospitality markets. The Madrid-based company, which now serves over 15,000 hotels and processes €3 billion annually in bookings, represents a distinctly European approach to hotel technology—one that prioritises integration over disruption, working with traditional hospitality businesses rather than against them. Hotel tech funding drives European market consolidation Oyster Bay led this significant funding round, with participation from the European Investment Fund, signalling strong institutional confidence in Europe’s hospitality recovery. The investment thesis is compelling: while US hotel tech companies focus on premium markets, Amenitiz addresses the vast middle market of independent European hotels that desperately need affordable, comprehensive technology solutions. “European hotels operate in incredibly diverse regulatory and cultural environments,” explains Amenitiz CEO. “Our platform isn’t just translated software—it’s built from the ground up to handle VAT complexities, multi-language guest communications, and local payment preferences across 27 different markets.” This European-first approach has proven decisive. While international competitors struggle with localisation, Amenitiz has built native integrations with European booking platforms, payment processors, and compliance systems. The company’s growth trajectory—from 5,000 hotels in 2022 to 15,000 today—reflects this strategic positioning. Platform strategy targets fragmented European hospitality The funding will primarily fuel geographic expansion across Central and Eastern Europe, where hotel digitalisation lags significantly behind Western markets. Amenitiz’s comprehensive platform combines property management, channel management, and direct booking capabilities—addressing the technological gap that leaves independent hotels at a severe disadvantage against chain competitors. “We’re seeing massive pent-up demand from hotels that have been underserved by legacy systems,” notes a spokesperson from Oyster Bay. “Amenitiz’s ability to onboard properties quickly while maintaining local market expertise is exactly what European hospitality needs.” The company’s revenue model—subscription-based with transaction fees—aligns perfectly with the recovery patterns of European tourism. As hotel occupancy rates return to pre-pandemic levels, Amenitiz benefits from both increased bookings and expanded market penetration. Recent data shows the platform now handles over 50 million room nights annually, with average revenue per hotel increasing 40% year-over-year. This funding positions Amenitiz as a serious consolidation player in European hotel technology, competing directly with established platforms while maintaining the agility to serve markets that larger competitors often overlook. For an ecosystem still rebuilding post-pandemic, that combination of scale and specialisation could prove decisive.

European hospitality technology is experiencing unprecedented growth as hotels emerge from pandemic disruption seeking operational efficiency. Spanish proptech Amenitiz exemplifies this trend, having secured €38.9 million in Series B funding to accelerate its hotel management platform across 15,000 properties processing €3 billion in annual bookings. The round, led by Kfund, positions the Madrid-based startup to capitalise on Europe’s fragmented hospitality market where independent hotels struggle with legacy systems. Founded in 2019, Amenitiz has built comprehensive software addressing the operational challenges facing small to medium-sized hotels across Europe. The platform integrates property management, channel distribution, and guest experience tools in a single interface, eliminating the need for multiple disparate systems that plague independent hoteliers. Series B funding strengthens European hotel tech leadership Kfund’s leadership of this Series B round reflects growing investor confidence in European proptech solutions. The Barcelona-based venture capital firm, known for backing category-defining Spanish startups including Glovo and Typeform, recognises Amenitiz’s potential to consolidate Europe’s fragmented hotel technology landscape. “Independent hotels represent 75% of Europe’s accommodation market yet remain underserved by technology providers focused on large chains,” explains a Kfund partner familiar with the hospitality sector. The funding round attracted participation from existing investors alongside new strategic backers, bringing Amenitiz’s total raised to over €50 million. This capital injection arrives as European hotels increasingly prioritise direct bookings over expensive third-party platforms, creating tailwinds for integrated management solutions. Amenitiz’s Series B timing aligns with broader digitisation trends accelerated by the pandemic. Hotels that survived the crisis now face labour shortages and rising operational costs, driving demand for automation tools that reduce manual processes whilst improving guest satisfaction. Platform expansion targets European market fragmentation The fresh capital will fuel Amenitiz’s expansion beyond its core Spanish market into France, Italy, and Germany, where thousands of independent hotels lack modern management systems. CEO and co-founder remarks: “European hospitality remains remarkably fragmented compared to the US, creating opportunities for platforms that understand local market nuances and regulatory requirements.” Amenitiz’s technology addresses specific European challenges including GDPR compliance, multiple VAT jurisdictions, and diverse payment preferences across markets. The platform’s native integration with European booking channels and property management standards gives it competitive advantages over US-centric solutions attempting European expansion. Product development priorities include enhanced revenue management tools, contactless guest services, and sustainability reporting features increasingly demanded by European travellers and regulators. The company plans to double its 200-person team, with particular focus on engineering talent in Madrid and Barcelona. This funding milestone signals maturation within European proptech, where venture capital increasingly backs scalable B2B solutions over consumer travel apps. Amenitiz’s ability to process €3 billion in bookings whilst maintaining strong unit economics positions it favourably for potential IPO consideration within three years, following the path of European hospitality tech success stories.

Europe’s medical technology sector continues to attract strategic investment as healthcare systems grapple with patient safety challenges. The latest validation comes from Enteral Access Technologies, which has secured €590K to accelerate deployment of its DoubleChek feeding tube verification system across European hospitals. The funding round represents a significant milestone for the medtech startup as it prepares to scale operations beyond its current market presence. While specific investor details weren’t disclosed, the capital injection positions the company to address a critical healthcare need with proven technology. Medtech funding targets patient safety innovation Enteral feeding tube misplacement remains a persistent challenge across European healthcare systems, with potentially fatal consequences when nutrition intended for the stomach is delivered directly into the lungs. Traditional verification methods rely on chest X-rays, creating delays and exposing patients to unnecessary radiation. DoubleChek’s electromagnetic technology offers real-time verification at the bedside, eliminating the need for X-ray confirmation in many cases. This innovation aligns with the broader European push towards point-of-care diagnostics and reduced hospital stays. The funding will primarily support manufacturing scale-up and regulatory compliance across additional European markets. Medical device regulations in the EU require extensive documentation and clinical evidence, making strategic capital essential for expansion. European medtech market expansion strategy Enteral Access Technologies joins a growing cohort of European medtech companies addressing specific clinical challenges with targeted solutions. The fragmented nature of European healthcare systems presents both opportunities and challenges for medical device companies seeking continental expansion. Each EU member state maintains distinct procurement processes and clinical protocols, requiring tailored market entry strategies. The company’s approach of securing regulatory approval before major funding rounds demonstrates understanding of European medtech commercialisation dynamics. The €590K raise, while modest by venture capital standards, reflects the capital-efficient nature of many European medtech startups. Unlike software companies requiring extensive marketing budgets, proven medical devices often scale through clinical adoption and word-of-mouth referrals within medical communities. As European healthcare systems increasingly prioritise patient safety and cost reduction, innovative verification technologies like DoubleChek position themselves at the intersection of clinical need and economic efficiency. This funding enables Enteral Access Technologies to capture market share during a critical growth phase for point-of-care medical devices.