SODENA

SODENA is a government organization based in Spain, established in 1984, that serves as the primary vehicle for business development in the region of Navarre. It operates as a public limited company with a majority ownership of 65.42% held by the Government of Navarre, complemented by an indirect participation of 14.58% through Nafinco. SODENA focuses on fostering regional economic growth by utilizing venture capital to support various business initiatives. Its investment portfolio includes a diverse range of assets, with significant portions allocated to long-term financial investments and investments in group companies. By leveraging its resources and strategic partnerships, SODENA aims to enhance the business landscape in Navarre, promoting sustainable economic development.

Mª Victoria Iriarte Izcue

Investment Director

78 past transactions

Opportunity Health

Seed Round in 2025
Opportunity Health, a pioneering company based in Navarre, Spain, specializes in the development of health devices tailored for emergency response scenarios. Their primary focus is the creation of an automatic, self-applying choke-release device, designed to swiftly and effectively address choking situations, empowering healthcare professionals to intervene promptly in critical moments.

Muxunav

Venture Round in 2025
Muxunav is a company that specializes in developing innovative digital payment systems and enhancing vending machine technology. The firm focuses on creating mobile payment solutions, online transaction systems, and digital wallets, with a potential interest in blockchain-based payment methods. Additionally, Muxunav has developed a remote visibility system specifically designed to replace traditional plastic labels in tobacco vending machines. This virtual display system allows machine owners to remotely control the device, display advertisements, and manage stock and pricing effectively. By combining market insights with research and development, Muxunav enables vending retailers to improve product visibility and make product identification more engaging for consumers.

Ysium Medical

Pre Seed Round in 2025
Ysium Medical is a health technology company that develops and operates innovative medical devices. Collaborating with professionals from medicine, nursing, and technology, the company focuses on four key sectors: Oncology, Simulation, Neurology, and Genomics. Its mission is to humanize technology, making it serve people and facilitating the digital transformation of medicine for its clients.

MOA

Series A in 2024
MOA make healthy food for a sustainable world that solves growing global food demands. They are establishing a new industry of sustainable food that solves growing global food demands without the need for arable land. They are focused on designing high-value, natural and nutritious food.

inBiot Monitoring

Venture Round in 2024
inBiot Monitoring offers real-time monitoring of indoor air quality in buildings.

Medibiofarma

Venture Round in 2024
Medibiofarma is a pharmaceutical company focused on developing small molecule drugs aimed at treating cancer and a range of non-cancer diseases. The company specializes in immuno-oncology therapies that facilitate T-cell infiltration through immune system activation. Medibiofarma's portfolio includes treatments for serious and life-threatening conditions, such as cognitive decline and fibrosis, enabling healthcare providers to offer disease-modifying therapies to patients in need. Through its innovative approaches, Medibiofarma strives to enhance treatment options and improve outcomes for individuals affected by various health challenges.

Palobiofarma

Venture Round in 2024
Palobiofarma is a Spanish biotechnology company based in Barcelona’s Science Park, dedicated to discovering and developing innovative drugs that target adenosine receptors. The company aims to be the first European entity to bring an adenosine modulator to market, focusing on the treatment of diseases such as advanced prostate cancer. Through its expertise in medicinal chemistry and in vitro pharmacology, Palobiofarma is committed to advancing the understanding of adenosine's role in disease and enabling healthcare professionals to improve patient outcomes through novel therapeutic options.

Pyroistech

Venture Round in 2023
Pyroistech is a company that specializes in the development of optoelectronic tools and custom solutions utilizing spectroscopy for the industrial sector. By illuminating samples and measuring the reflected or transmitted light, Pyroistech provides valuable insights across various fields, including the agri-food industry, construction, and medicine. The company offers custom fiber optic coupled light sources and engages in research and development projects aimed at enhancing production quality. Through its innovative technologies, Pyroistech enables clients to effectively monitor critical parameters in their processes, thereby improving operational efficiency and product quality.

MainRail

Seed Round in 2023
MainRail is an IT solutions company focused on optimizing infrastructure maintenance operations, particularly in the rail industry. It offers a customizable IT platform that manages all maintenance-related activities, enhancing efficiency and effectiveness. Additionally, MainRail provides a suite of Internet of Things devices designed for continuous and cost-effective infrastructure inspections. By leveraging these technologies, MainRail enables railway operators to reduce costs while improving the quality and capacity of their networks. Its services encompass various aspects such as railway dynamics, information and communication systems, system dynamics, EMC analysis, and RAMS analysis, all aimed at enhancing operational performance and reliability.

Familiados

Venture Round in 2023
Familiados is an online marketplace that connects families with professional caregivers. Caregivers can create profiles detailing their education, specialization, experience, availability, hourly rate, and preferred work area. Families can search for caregivers with specific skills, request availability, directly hire the caregiver of their choice, and rate the service received. Familiados facilitates these interactions by ensuring profile accuracy, enabling family evaluations, and streamlining transactions from selection to payment. The platform aims to provide a seamless experience for both families and caregivers, helping clients access professional care efficiently.

Virto Group

Debt Financing in 2023
Ultracongelados Virto was created in 1984. Since then, they have been committed here at the Virto Group to complete knowledge of the product, creative ideas, effort, enthusiasm for a job well done, and always having the best team of professionals. All this has made them the leading food group and a benchmark in the deep frozen vegetable sector, with 10 speciality centres and a presence in 8 different countries.

Medibiofarma

Funding Round in 2022
Medibiofarma is a pharmaceutical company focused on developing small molecule drugs aimed at treating cancer and a range of non-cancer diseases. The company specializes in immuno-oncology therapies that facilitate T-cell infiltration through immune system activation. Medibiofarma's portfolio includes treatments for serious and life-threatening conditions, such as cognitive decline and fibrosis, enabling healthcare providers to offer disease-modifying therapies to patients in need. Through its innovative approaches, Medibiofarma strives to enhance treatment options and improve outcomes for individuals affected by various health challenges.

Bee Planet Factory

Venture Round in 2022
Bee Planet Factory S.L., founded in 2018 and headquartered in Noáin, Spain, specializes in recycling automotive batteries and repurposing them for home and commercial energy storage solutions. The company focuses on the second-life use of batteries removed from electric vehicles, which retain significant storage capacity (70%-80%) and high performance after their initial application. Bee Planet Factory offers various products, including BeeBattery Home for residential energy accumulation from photovoltaic panels, BeeBattery Pack for medium-scale commercial and industrial storage, and BeeBattery Power for large-scale industrial and renewable energy applications. Through its innovative approach, the company aims to promote sustainable energy consumption and contribute to an emission-free future.

Abanza Tecnomed

Seed Round in 2022
Abanza Tecnomed SL is a Spain-based company founded in 2014, dedicated to the research and development of medical instruments and devices with a focus on sports medicine. The company specializes in creating innovative surgical instruments, particularly those used in reconstruction surgery of the knee ligaments. Abanza Tecnomed is committed to advancing biomedical innovation and enhancing the capabilities of medical professionals through the development of state-of-the-art devices. The company boasts a multidisciplinary and highly qualified research and development team, ensuring the quality of its innovations, and is supported by a distinguished medical advisory board that certifies the precision and safety of its products.

Greendur

Seed Round in 2022
Greendur Technologies specializes in innovative thermal battery technology that enables industries to transition from fossil fuels to renewable energy sources. The company focuses on recovering waste heat from industrial processes, converting it into usable energy in the form of heat, electricity, or cold, tailored to specific operational needs. This approach not only helps industries reduce their carbon dioxide emissions but also contributes to creating a more competitive and sustainable industrial landscape in Europe. By promoting the integration of renewable energy into industrial applications, Greendur Technologies positions itself as a key player in the movement towards environmentally responsible energy solutions.

Fridela

Debt Financing in 2021
Fridela is a supplier of snacks. They provide products that include milk, homemade recipes and natural products. An online inquiry form is available on the company's website.

MOA

Seed Round in 2021
MOA make healthy food for a sustainable world that solves growing global food demands. They are establishing a new industry of sustainable food that solves growing global food demands without the need for arable land. They are focused on designing high-value, natural and nutritious food.

Nadetech Innovations

Venture Round in 2021
Nadetech Innovations is a materials science company focused on developing advanced coating technology and thin-film deposition services. The company specializes in creating tools aimed at preventing myocardial infarction and sensors for water filtration systems. Nadetech Innovations offers a range of machinery that supports various coating methods, including dip-coating, spray-coating, and electrospinning. This equipment is designed to help clients enhance their production capacity, ultimately contributing to improvements in quality of life.

Mateprincs

Seed Round in 2021
Mateprincs specializes in the design, manufacture, and production of electronic devices, focusing on functional inks and pastes. The company offers innovative printing solutions for electronic components, utilizing techniques such as inkjet, flat screen printing, slot coating, and offset lithography. Their products cater to a range of applications, including printed electronics, sensors, antennas, and membrane keyboards, providing clients with essential materials for advanced electronic manufacturing.

Genbioma

Seed Round in 2021
Genbioma is an evidence-based microbiome company specializing in the development of oral probiotic supplements and medicines. The company focuses on harnessing the beneficial effects of probiotics and bioactive compounds to influence glycemic regulation, particularly in individuals with prediabetes. By emphasizing research and development, Genbioma aims to promote long-term glycemic control for patients in the early stages of diabetes, highlighting the significance of the gut microbiota in managing blood sugar levels. Through its innovative approach, Genbioma seeks to contribute to improved health outcomes for those at risk of diabetes.

Events Hotels

Debt Financing in 2021
Events Hotels offer hospitality management services, restoration services, and event planning. Their services include giving experiences as gifts, a children’s mini club, pet friendly accommodations, an iPad lending service, and wi-fi throughout the hotel.

Model Metal

Debt Financing in 2021
Model Metal is a manufacturing and painting company that specializes in producing metal parts for various sectors, including agriculture, industrial, storage, and logistics. The company offers a range of services, including laser cutting, punching, bending, welding, and epoxy painting, enabling it to cater to diverse client needs. Model Metal focuses on the transformation and finishing of metal products in various qualities, formats, and thicknesses, ensuring that it meets the specific requirements of its customers. By subcontracting painting services, the company enhances its manufacturing capabilities, providing comprehensive solutions for its clients in the metalworking industry.

The Thinklab

Debt Financing in 2021
The Thinklab is a film production company and digital services shop based in Madrid, Spain. The Thinklab produces quality content for global audiences, specializing mostly on documentary films, fiction, advertising and animation. Their films have been broadcast on many global channels including Channel 4, MDR-Arte, National Geographic, History Channel, Aljazeera, TVE, Canal+, etc.

Leadartis

Seed Round in 2021
Leadartis is a biotechnology company focused on the development of proprietary therapeutic antibodies for the treatment of cancer. The company specializes in immunomodulatory therapies, particularly in the field of immuno-oncology, aiming to enhance the immune system's ability to target and destroy tumors while minimizing metastases. By combining efficacy and safety in their antibody formulations, Leadartis seeks to provide advanced treatment options that facilitate faster and improved recovery for cancer patients. In addition to its therapeutic developments, the company also offers research and development services, contributing to the broader biomedical landscape.

Bee Planet Factory

Grant in 2021
Bee Planet Factory S.L., founded in 2018 and headquartered in Noáin, Spain, specializes in recycling automotive batteries and repurposing them for home and commercial energy storage solutions. The company focuses on the second-life use of batteries removed from electric vehicles, which retain significant storage capacity (70%-80%) and high performance after their initial application. Bee Planet Factory offers various products, including BeeBattery Home for residential energy accumulation from photovoltaic panels, BeeBattery Pack for medium-scale commercial and industrial storage, and BeeBattery Power for large-scale industrial and renewable energy applications. Through its innovative approach, the company aims to promote sustainable energy consumption and contribute to an emission-free future.

inBiot Monitoring

Venture Round in 2021
inBiot Monitoring offers real-time monitoring of indoor air quality in buildings.

InnoUp Farma

Venture Round in 2021
InnoUp Farma, S.L. is a nanomedicine company based in Noain, Spain, established in 2013. The company specializes in developing and licensing advanced therapies for various diseases through innovative nanotechnology. InnoUp Farma has created a technology platform that utilizes nanoparticles to enhance the oral administration of anti-cancer drugs that typically exhibit low oral bioavailability. Additionally, the company is engaged in developing nanoparticles as adjuvants for immunotherapy and vaccination. InnoUp Farma also explores the development of over-the-counter products, contributing to its diverse portfolio in the pharmaceutical sector.

CO2 Revolution

Series A in 2021
CO2 Revolution S.L., founded in 2018 and based in Madrid, Spain, specializes in innovative solutions for carbon footprint offsetting through advanced technologies such as big data and drones. The company focuses on developing pre-germinated seeds encased in biodegradable capsules, which are designed for efficient deployment in challenging terrains via drone delivery. This approach facilitates large-scale reforestation and plantation efforts, contributing to the creation of self-sustainable ecosystems. By analyzing various environmental factors, CO2 Revolution ensures that its methods are both agile and sustainable, making a significant impact on climate change while supporting sustainable development goals. The company's offerings cater to organizations engaged in large-scale reforestation initiatives, enabling them to enhance their environmental efforts effectively.

Medibiofarma

Funding Round in 2020
Medibiofarma is a pharmaceutical company focused on developing small molecule drugs aimed at treating cancer and a range of non-cancer diseases. The company specializes in immuno-oncology therapies that facilitate T-cell infiltration through immune system activation. Medibiofarma's portfolio includes treatments for serious and life-threatening conditions, such as cognitive decline and fibrosis, enabling healthcare providers to offer disease-modifying therapies to patients in need. Through its innovative approaches, Medibiofarma strives to enhance treatment options and improve outcomes for individuals affected by various health challenges.

TedCas

Angel Round in 2019
TedCas is a company that specializes in creating Natural User Interfaces for healthcare applications, utilizing optoelectronic devices such as Microsoft Kinect. Founded in 2011, TedCas aims to enhance medical systems by providing gestural interfaces that reduce the risk of contact infections in operating rooms. The company's technology allows healthcare professionals to access and manage medical information through touch-free, hands-free controls, ensuring instant and efficient interaction with digital data in sterile environments. Recognized for its innovative approach, TedCas was selected as one of the top Kinect-based applications globally by Microsoft and has participated in prestigious accelerators, showcasing its commitment to advancing healthcare technology.

Nabrawind

Venture Round in 2019
Nabrawind Technologies S.L. is a renewable energy company based in Pamplona, Spain, specializing in the design and development of advanced wind technologies for wind turbine components. Established in 2015, the company focuses on innovative solutions to enhance the efficiency and logistics of wind energy production. Nabrawind has developed two key technologies: the Modular Blade Joint, a patented system that allows wind turbine blades to be manufactured in multiple parts for easier transportation and on-site assembly, and the self-erecting tower technology, which features a new frame structure adaptable to various existing tower designs. In addition to its technological offerings, Nabrawind provides engineering advisory services, aiming to reduce logistical barriers and costs associated with wind turbine implementation while ensuring integration with current designs.

tuSpeaking

Debt Financing in 2019
TuSpeaking is an e-learning platform focused on enhancing English language skills for employees and managers in corporate settings. The company employs innovative learning methodologies to facilitate effective communication through one-on-one classes and videoconferences with qualified native teachers. Additionally, TuSpeaking offers specialized content and self-correcting exercises, making it easier for learners to access and improve their conversational abilities. By providing a structured yet flexible online environment, TuSpeaking aims to empower individuals and organizations to achieve higher proficiency in English, thereby enhancing overall workplace communication.

Medibiofarma

Funding Round in 2019
Medibiofarma is a pharmaceutical company focused on developing small molecule drugs aimed at treating cancer and a range of non-cancer diseases. The company specializes in immuno-oncology therapies that facilitate T-cell infiltration through immune system activation. Medibiofarma's portfolio includes treatments for serious and life-threatening conditions, such as cognitive decline and fibrosis, enabling healthcare providers to offer disease-modifying therapies to patients in need. Through its innovative approaches, Medibiofarma strives to enhance treatment options and improve outcomes for individuals affected by various health challenges.

Sendaviva

Debt Financing in 2017
Sendaviva is an adventure theme park established by the Directorate-General of Commerce and Tourism of the Government of Navarra. The park offers a diverse range of attractions designed for family leisure, including giant zip wires, funfair rides, and a variety of animals such as lions, tigers, and bears. By combining entertainment, nature, and live shows, Sendaviva aims to provide visitors with an engaging and memorable experience.

Davalor Salud

Grant in 2017
Davalor Salud is a company focused on enhancing functional visual health through innovative technology. It develops and commercializes both hardware and software designed for the exploration and diagnosis of visual function. The company offers accessible services that autonomously measure vision and provide visual training using advanced 3D video game technology. By specializing in the diagnosis and therapy of functional visual health issues, Davalor Salud aims to improve the quality of life for its users, making effective visual health services more widely available to the public.

Technidrone

Debt Financing in 2017
Technidrone is a company dedicated to the manufacture, technical service, and maintenance of unmanned aircraft for civil use. The company believes in the strength of technology to accurately design the most robust, powerful, and most autonomous UAVs on the market. With Technidrone people will get accurate information in real time, allowing them make accurate decisions, optimize processes, reduce costs and increase quality and productivity in agricultural, topographical, thermographic, and endless utilities.

Valiryo

Debt Financing in 2017
Valiryo is a company focused on enhancing the quality of life for individuals with disabilities, particularly in professional, leisure, and domestic settings. It manufactures innovative body dryers that aim to minimize the environmental impact associated with traditional towel use, significantly reducing energy and water consumption. The Valiryo dryer empowers individuals with mobility challenges, such as the elderly, to independently dry their feet and bodies in just three minutes, thereby reducing the risk of falls and addressing specific skin health issues like nail fungus and complications related to diabetes. By promoting self-sufficiency and sustainability, Valiryo not only contributes to personal welfare but also encourages economic savings and environmental protection.

Multihelpers

Debt Financing in 2017
Multihelpers is a Spanish startup that operates a marketplace connecting individuals seeking assistance with home improvement and repair tasks to professional handymen known as "Helpers." The platform provides a reliable solution for homeowners to address various needs, allowing them to efficiently and safely resolve outstanding tasks in their residences. By facilitating this connection, Multihelpers enables Helpers to earn extra income while offering customers convenient access to skilled services for their home projects.

Eversens

Grant in 2016
Eversens is a company focused on the design, development, and manufacturing of non-invasive clinical diagnosis systems that detect exhaled biomarkers. By harnessing this technology, Eversens aims to enhance the diagnosis and monitoring of various diseases, ultimately improving the quality of life for patients. The company's commitment to health and welfare is reflected in its mission to provide reliable and accurate diagnostic equipment that offers non-invasive and painless options for patients. Through its innovative approach, Eversens seeks to contribute to a sustainable health system, making significant strides in the field of clinical diagnostics.

Blackbinder

Debt Financing in 2016
Blackbinder is a technology company specializing in innovative solutions for musicians through its patented digital music reader. This application revolutionizes the experience of reading and performing music by presenting scores in a pageless format that scrolls seamlessly, akin to a teleprompter. The technology automatically adjusts the tempo, allowing musicians to focus entirely on their performance without the distraction of page turning. Blackbinder's platform facilitates a range of activities, including reading, studying, learning, scoring, rehearsing, and collaborating, all within a secure, closed system that protects intellectual property rights. The company's offerings include a mobile app and a web platform designed for individual musicians, music groups, and institutions such as conservatories and orchestras. By engaging directly with musicians, Blackbinder aims to enhance user experience and create new business opportunities across the music value chain.

Nubapp

Debt Financing in 2016
Nubapp is a developer of a cross-cloud management platform designed to streamline online booking for sports centers. The platform allows users to make reservations via a website, mobile application, and social media channels, such as Facebook. In addition to facilitating bookings, Nubapp offers email and SMS reminder services to enhance user engagement and experience. By integrating these features, Nubapp enables sports centers to manage their facilities more efficiently while providing a user-friendly interface for customers to make reservations and payments online.

Velites

Debt Financing in 2016
Velites is a company focused on the design and production of sports products, primarily catering to the CrossFit and functional fitness markets. The company offers a range of customizable products that include various accessories aimed at enhancing performance in agility, speed, resistance, and strength. With a robust online platform, Velites is actively pursuing international growth and expanding its presence across Europe, making its innovative fitness solutions accessible to a broader audience of health-conscious individuals.

Idifarma Desarrollo Farmacéutico

Venture Round in 2016
Idifarma Desarrollo Farmacéutico, S.L., founded in 2001 and based in Noain, Spain, specializes in contract development and manufacturing services for the pharmaceutical and biotechnological sectors. The company offers a comprehensive range of services that encompass the entire lifecycle of pharmaceutical products, including active pharmaceutical ingredient (API) selection, formulation development, GMP manufacturing, quality control, and regulatory affairs. Idifarma also provides packaging services for both investigational and commercial medicinal products. Serving over 100 international clients, from start-ups to large multinationals, Idifarma is equipped to handle both generic medications and innovative drug formulations. With a commitment to quality and efficiency, the company implements a strict quality control system and utilizes high-performance equipment to deliver tailored solutions within established deadlines.

Nabrawind

Venture Round in 2016
Nabrawind Technologies S.L. is a renewable energy company based in Pamplona, Spain, specializing in the design and development of advanced wind technologies for wind turbine components. Established in 2015, the company focuses on innovative solutions to enhance the efficiency and logistics of wind energy production. Nabrawind has developed two key technologies: the Modular Blade Joint, a patented system that allows wind turbine blades to be manufactured in multiple parts for easier transportation and on-site assembly, and the self-erecting tower technology, which features a new frame structure adaptable to various existing tower designs. In addition to its technological offerings, Nabrawind provides engineering advisory services, aiming to reduce logistical barriers and costs associated with wind turbine implementation while ensuring integration with current designs.

Rodona Industria Gráfica

Debt Financing in 2016
Rodona Industria Gráfica, SL, established in 2001 and headquartered in Pamplona, Spain, specializes in printing and binding books and graphics. The company offers digital printing services using HP T-300 inkjet presses for book interiors and HP Indigo 5500 for cover printing. They produce milled (PUR) and sewn books, bound with or without paperbacks, flexbinder, and hardcover options. RODONA's single production line enables efficient completion of the entire book manufacturing process, serving clients primarily in the publishing sector.

Onena

Venture Round in 2016
Onena, formally known as Operator Neutral Navarra SL, specializes in developing fiber optic networks with a focus on FTTH (fiber to the home) infrastructure. The company builds ultra-fast network infrastructures and leases them openly to telecom operators. This allows these operators to provide high-speed internet access and interconnection services to both businesses and individuals. Onena's goal is to bring top-tier telecommunications infrastructure, comparable to that found in major global capitals, to local areas, thereby enhancing the competitiveness of local companies and attracting investment.

Ikan Biotech

Debt Financing in 2016
Ikan Biotech SL is a biotechnology company based in Noáin, Spain, that specializes in developing enzybiotics and preclinical services utilizing zebrafish models. Incorporated in 2015, Ikan Biotech is recognized as the first contract research organization focused on this innovative approach. The company employs zebrafish to create tumor models for testing the efficacy of potential cancer treatments, allowing for the microinjection of tumor cells to streamline drug development. This platform enables the healthcare industry to assess drug candidates' safety and effectiveness at early stages, facilitating research across various sectors, including pharmaceuticals, biotechnology, and agrochemicals.

Industrial Augmented Reality

Debt Financing in 2016
Industrial Augmented Reality SL is a company that specializes in designing, developing, and implementing industrial solutions using advanced augmented reality applications. Based in Pamplona, Spain, the company focuses on enhancing equipment and machine control by providing real-time data displays, maintenance information, and logged data. It offers risk identification services by signaling potential hazards, danger areas, and security perimeters. Additionally, the company enables users to identify codes and shapes, capture screenshots for evidence, and access technical datasheets for equipment. Industrial Augmented Reality SL also incorporates notification and alarm systems, streams information via the Internet, and supports customized views for users. The company was incorporated in 2014 and has since aimed to improve operational safety and efficiency in industrial settings.

TedCas

Venture Round in 2016
TedCas is a company that specializes in creating Natural User Interfaces for healthcare applications, utilizing optoelectronic devices such as Microsoft Kinect. Founded in 2011, TedCas aims to enhance medical systems by providing gestural interfaces that reduce the risk of contact infections in operating rooms. The company's technology allows healthcare professionals to access and manage medical information through touch-free, hands-free controls, ensuring instant and efficient interaction with digital data in sterile environments. Recognized for its innovative approach, TedCas was selected as one of the top Kinect-based applications globally by Microsoft and has participated in prestigious accelerators, showcasing its commitment to advancing healthcare technology.

InnoUp Farma

Venture Round in 2015
InnoUp Farma, S.L. is a nanomedicine company based in Noain, Spain, established in 2013. The company specializes in developing and licensing advanced therapies for various diseases through innovative nanotechnology. InnoUp Farma has created a technology platform that utilizes nanoparticles to enhance the oral administration of anti-cancer drugs that typically exhibit low oral bioavailability. Additionally, the company is engaged in developing nanoparticles as adjuvants for immunotherapy and vaccination. InnoUp Farma also explores the development of over-the-counter products, contributing to its diverse portfolio in the pharmaceutical sector.

Embega

Debt Financing in 2015
Embega, S. Coop. is a manufacturer specializing in metallic decorative parts for home appliances and the automotive industry. The company produces elements that enhance both functionality and aesthetics in white goods, alongside providing solutions for human-machine interfaces and sealing through printed gaskets. Embega's offerings include tumble dryer condensers and reinforced sealing solutions designed for critical applications across various sectors, including pneumatics, hydraulics, automotive, electronics, and domestic appliances. By focusing on quality and innovation, Embega aims to meet the diverse needs of its clients in these industries.

Air-Rops

Debt Financing in 2015
Air-Rops is a safety technology company specializing in automatic roll-over protection systems for self-propelled vehicles, primarily agricultural machinery. Their innovative device expands automatically in the event of a rollover, providing enhanced safety for drivers without requiring manual intervention.

Caviar Pirinea SL

Seed Round in 2015
Caviar Pirinea S.L. is a leading producer of trout and sturgeon fish products in Spain, established in 2013 and headquartered in Barbastro, Huesca. The company operates three fish farms situated at the foot of the Pyrenees in El Grado, Oliván, and Yesa, where fish are cultivated in optimal natural conditions, benefiting from high-quality mountain spring water. Caviar Pirinea is committed to environmental sustainability and biodiversity, having been the first company globally to receive the European certificate for organic aquaculture at both its farms and processing facilities. The company emphasizes quality in its production processes, which are adapted to meet stringent environmental standards. Its workforce includes seasoned professionals with extensive experience in trout and sturgeon farming, along with a dynamic team of younger employees who contribute to innovative practices in global aquaculture. Caviar Pirinea also engages in online retailing of its products, which are recognized for their superior quality in the agri-food market.

Zombie App

Debt Financing in 2015
Zombie App has development that seeks to improve the acquisition and retention of users as well as the monetization in mobile games.

Blackbinder

Debt Financing in 2015
Blackbinder is a technology company specializing in innovative solutions for musicians through its patented digital music reader. This application revolutionizes the experience of reading and performing music by presenting scores in a pageless format that scrolls seamlessly, akin to a teleprompter. The technology automatically adjusts the tempo, allowing musicians to focus entirely on their performance without the distraction of page turning. Blackbinder's platform facilitates a range of activities, including reading, studying, learning, scoring, rehearsing, and collaborating, all within a secure, closed system that protects intellectual property rights. The company's offerings include a mobile app and a web platform designed for individual musicians, music groups, and institutions such as conservatories and orchestras. By engaging directly with musicians, Blackbinder aims to enhance user experience and create new business opportunities across the music value chain.

BrioAgro

Seed Round in 2015
BrioAgro is a company that specializes in mobile intelligence solutions for agriculture, focusing on enhancing crop growth through advanced irrigation systems. The company provides farmers with real-time information on key variables that affect their crops, allowing for timely interventions to improve yield and health. BrioAgro's platform supports a range of applications, including automatic irrigation, smart irrigation for urban environments, greenhouse management, and pivot watering systems. This technology enables clients to effectively manage their agricultural needs, ensuring that crops receive adequate water without interruptions.

Iden Biotechnology

Series A in 2015
Iden Biotechnology is a scientific company based in Noain, Spain, specializing in the development and commercialization of innovative biotechnological solutions for agriculture. Founded in 2005, the company focuses on plant-based technologies that enhance crop traits, increase starch content and yield, improve nutritional profiles, and promote stress tolerance. It also offers growth enhancers and fortifiers applicable to various crops, as well as technologies for valorizing byproducts from the biofuel industry into high-value compounds. Additionally, Iden provides research and development services, including plant genetic modification and culture infrastructure, targeting sectors such as agri-food, agrobiochemical, pharmaceutical, and energy. The company aims to facilitate the transfer of advanced biotechnological knowledge from academia to industry, enhancing the overall quality and efficiency of agricultural practices.

Aspil

Venture Round in 2015
Aspil manufacturer snacks foods.

Nubapp

Debt Financing in 2014
Nubapp is a developer of a cross-cloud management platform designed to streamline online booking for sports centers. The platform allows users to make reservations via a website, mobile application, and social media channels, such as Facebook. In addition to facilitating bookings, Nubapp offers email and SMS reminder services to enhance user engagement and experience. By integrating these features, Nubapp enables sports centers to manage their facilities more efficiently while providing a user-friendly interface for customers to make reservations and payments online.

Making Genetics

Debt Financing in 2014
Making Genetics, SL is a biotechnology company based in Noain, Spain, founded in 2013. The company specializes in designing and developing genetic and epigenetic panels and tests aimed at diagnosing, prognosticating, and assessing drug responses for various cancers and neurological disorders. Its services encompass advising on genomics-based projects, identifying new biomarkers, and creating innovative technological applications for studying and diagnosing genetic diseases and epigenetics. Additionally, Making Genetics conducts genetic and epigenetic determinations, interprets results, and performs statistical analyses. The company serves a diverse clientele, including technology centers, research and development teams, hospitals, universities, and private clients, contributing significantly to advancements in genomics research and personalized medicine.

Palobiofarma

Series A in 2013
Palobiofarma is a Spanish biotechnology company based in Barcelona’s Science Park, dedicated to discovering and developing innovative drugs that target adenosine receptors. The company aims to be the first European entity to bring an adenosine modulator to market, focusing on the treatment of diseases such as advanced prostate cancer. Through its expertise in medicinal chemistry and in vitro pharmacology, Palobiofarma is committed to advancing the understanding of adenosine's role in disease and enabling healthcare professionals to improve patient outcomes through novel therapeutic options.

Futura Acorp

Grant in 2013
Futura Acorp S.L. is a Spanish company specializing in the development and implementation of technological solutions for the hospitality sector. Founded in 2005 and headquartered in Tudela, Navarra, the company provides a range of products designed to streamline operations in restaurants and hotels. Its offerings include smart kiosks, smart point-of-sale systems, smart loyalty programs, smart access solutions, and smart vending machines, all of which facilitate order placement and payment without waiter intervention. Additionally, Futura Acorp develops a tracking system utilizing radio frequency identification technology to enhance beverage production processes and warehouse management. As a subsidiary of Jofemar Sau, Futura Acorp is committed to innovating the modern catering experience.

Iden Biotechnology

Venture Round in 2013
Iden Biotechnology is a scientific company based in Noain, Spain, specializing in the development and commercialization of innovative biotechnological solutions for agriculture. Founded in 2005, the company focuses on plant-based technologies that enhance crop traits, increase starch content and yield, improve nutritional profiles, and promote stress tolerance. It also offers growth enhancers and fortifiers applicable to various crops, as well as technologies for valorizing byproducts from the biofuel industry into high-value compounds. Additionally, Iden provides research and development services, including plant genetic modification and culture infrastructure, targeting sectors such as agri-food, agrobiochemical, pharmaceutical, and energy. The company aims to facilitate the transfer of advanced biotechnological knowledge from academia to industry, enhancing the overall quality and efficiency of agricultural practices.

Vitale

Debt Financing in 2013
Vitale, based in Villava, Spain, provides an online intelligent training system designed for the diagnostic analysis of physical activities. The platform prescribes tailored training solutions aimed at enhancing users’ physical condition, focusing on both functional and aesthetic aspects. In addition to personalized training programs, Vitale offers specific initiatives to prevent and address various health issues. The system includes a range of support tools, such as 3D muscle and joint viewers, training agendas, test sets, and HD instructional videos. Its services cater to health and fitness professionals, sports clubs, physiotherapy centers, medical facilities, recreational users, athletes, personal trainers, and sports center managers. Vitale was established in 2012 and continues to innovate in the field of health and fitness.

BidAway

Seed Round in 2013
BidAway is a business that facilitates real-time online auctions for travel and entertainment packages. Through exclusive partnerships with hotels and activity providers, it offers customers a wide range of unsold items, allowing them to set their own prices in a transparent bidding process. This model optimizes the utilization of partners' excess capacity, creating an efficient marketplace for both customers seeking great deals and providers looking to fill unsold inventory.

Yaysi

Grant in 2012
Yaysi is an online shopping platform designed to help consumers find the best price offers for a wide range of products, including electronics, appliances, leisure, and sports goods. The platform utilizes a semantic relationship tool to aggregate and compare prices from various online and offline sources, ensuring users can secure the most competitive deals. Additionally, Yaysi offers free shipping on orders exceeding 400 euros, enhancing the overall shopping experience by providing convenience and cost savings directly to customers' homes.

Tweet Binder

Seed Round in 2012
Tweet Binder is a technology company specializing in Twitter analytics solutions. They offer real-time analysis of hashtag campaigns, providing comprehensive reports that include retweets, conversations, keywords, check-ins, images, text-only tweets, and links. This data enables clients to optimize their social media strategies for events and marketing campaigns. Their team provides assistance at all times.

Formune

Venture Round in 2012
ForMune is a biotechnology company focused on developing therapeutic vaccines aimed at treating chronic infections and cancer. The company utilizes a novel platform that is centered around recombinant proteins derived from the extra domain A (EDA) of fibronectin. Through its innovative approach, ForMune creates therapeutic molecules that can be licensed to pharmaceutical and marketing firms, thereby facilitating the delivery of advanced medical treatments to healthcare providers and institutions. By concentrating on the development of these specialized vaccines, ForMune seeks to contribute significantly to the fight against persistent health challenges.

Yaysi

Debt Financing in 2011
Yaysi is an online shopping platform designed to help consumers find the best price offers for a wide range of products, including electronics, appliances, leisure, and sports goods. The platform utilizes a semantic relationship tool to aggregate and compare prices from various online and offline sources, ensuring users can secure the most competitive deals. Additionally, Yaysi offers free shipping on orders exceeding 400 euros, enhancing the overall shopping experience by providing convenience and cost savings directly to customers' homes.

ProRetina Therapeutics

Venture Round in 2010
ProRetina Therapeutics, S.L., founded in 2007 and based in Pozuelo de Alarcon, Spain, is a biotechnology company focused on developing therapeutics for retinal dystrophies and degenerations. Its pipeline includes PRO 001, a neuroprotective agent administered in a sustained-release formulation to treat Retinitis Pigmentosa, and PRO-015, a gene vector coding the human proinsulin gene also indicated for Retinitis Pigmentosa. The company's efforts are directed towards providing effective treatments for these degenerative diseases of genetic origins.

Wasserlab

Seed Round in 2009
Wasserlab is a Spanish company specializing in the design and manufacture of water purification systems tailored to the needs of laboratories, hospitals, and various industries. With over 15 years of experience, Wasserlab delivers ultrapure water (Type I), pure water (Type II), and osmotic water (Type III) through a sophisticated sequential process that includes filtering, reverse osmosis, and resin deionization. The company operates globally and collaborates with top sales agents to ensure technical assistance is readily available. Wasserlab's innovative approach offers an efficient alternative to traditional distilled water, meeting the stringent demands for high-quality water in scientific and industrial applications.

3P Biopharmaceuticals

Venture Round in 2007
3P Biopharmaceuticals is a contract manufacturing firm specializing in biotechnology, focusing on the development of biologics and cell therapy products. The company is dedicated to producing recombinant proteins for therapeutic and diagnostic applications, alongside a range of offerings that include monoclonal antibodies, proteins, interleukins, vaccines, and biosimilars. By enabling clients to access safe and advanced medicines, 3P Biopharmaceuticals plays a vital role in enhancing health and welfare, contributing to the broader goals of improving individual well-being and addressing challenges in agriculture, the environment, and energy use.

Ojer Pharma

Pre Seed Round in 2007
Ojer Pharma is a Spanish company specializing in the research, development, production, and marketing of dermopharmaceutical products. It focuses on creating prescription medicines, cosmetics, and medical devices aimed at providing therapeutic alternatives in dermatology. The company has pioneered a unique vehiculization technology that utilizes bioadhesive transparent gels, serving as a sustained-release matrix for both lipophilic and hydrophilic dermatological actives. By offering a range of innovative dermatological medicines and products, Ojer Pharma meets the diverse needs of patients internationally, providing them with access to advanced bioadhesive solutions that offer significant competitive advantages.

Creo Medical

Venture Round in 2006
Albyn Medical is a manufacturer and distributor of medical equipment and consumables specifically for urology, gynecology, and gastroenterology. Established in 1990 and based in Dingwall, United Kingdom, the company specializes in designing and supplying its products through an international network of distributors. As a subsidiary of Smart Medical Group SL, Albyn Medical focuses on delivering high-quality medical devices to healthcare providers around the world.

iSOCO

Venture Round in 2006
Isoco is an international company that specializes in providing business solutions through advanced technologies and strategic consultation. The firm focuses on optimizing relationships among organizations, customers, suppliers, employees, and partners to transform these interactions into economic value. Isoco constructs collaborative networks that leverage technology to foster communication, generate knowledge, and create opportunities. The company has developed a strategic plan and category management methodology aimed at enhancing supplier relationship management, thereby enabling organizations to strategically improve their customer relationships. Isoco's contributions to the industry have been recognized, notably when it was named a Key Vendor in 2013 by Gartner for its virtual assistant innovation. Additionally, Isoco holds accreditation as an official purchasing auditor under the new European Standard Purchasing framework in Spain.

Openbravo

Venture Round in 2006
Openbravo is a prominent provider of open source software solutions tailored for midsize and large specialty retailers worldwide. The company specializes in the Openbravo Commerce Suite, a comprehensive multichannel retail management platform that facilitates the transformation of physical store operations, enhancing customer shopping experiences. This cloud-based platform equips retailers with various functionalities, including sales, refunds, cash management, and warehouse management, allowing them to adapt to ongoing changes in the retail landscape. Openbravo's technology is designed to be highly flexible and extendable, with mobile capabilities to support diverse business needs. The company operates offices in France, India, Mexico, and Spain, and distributes its software through a global network of authorized partners, serving around 6,000 organizations daily.

S21sec

Grant in 2006
S21sec is a cybersecurity company that specializes in providing comprehensive security solutions to various sectors, including government, energy, finance, and telecommunications. The company offers a range of services such as risk analysis, regulatory compliance, cloud security, threat hunting, and disaster response planning. Additionally, S21sec operates a 24-hour security intelligence center and has dedicated teams for CyberCrime and incident response, collaborating with law enforcement agencies like Europol and the FBI. With a strong client base that includes over 20% of the Dow Jones Eurostoxx 50 companies, S21sec is committed to helping organizations safeguard their critical infrastructures and protect personal data from cyber threats.

Ecoenergía Sistemas Alternativos

Seed Round in 2004
Ecoenergía Sistemas Alternativos is an engineering company that develops energy-efficient solutions, mainly for industrial customers with considerable experience in the development of cogeneration plants.
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