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

Past deals in DRM

Blackbinder

Debt Financing in 2016
Blackbinder has developed a patented technology that transforms the way musicians read and perform music by providing a pageless digital format. This innovative application allows notes to flow continuously on a screen, similar to a teleprompter, which helps musicians focus solely on playing and enjoying the music without the distractions of turning pages. The system automatically adjusts the scroll speed to match the performance tempo, reducing errors during play. Blackbinder's solution is designed for individual musicians, groups, and institutions such as conservatories and orchestras, allowing them to manage tasks traditionally done with paper scores, including acquisition, storage, sharing, and annotation. Additionally, the closed ecosystem of Blackbinder ensures secure access and control over intellectual property rights, making unauthorized reproduction impractical. Through ongoing engagement with musicians, Blackbinder aims to enhance user experience and explore new business opportunities across the music value chain.

Blackbinder

Debt Financing in 2015
Blackbinder has developed a patented technology that transforms the way musicians read and perform music by providing a pageless digital format. This innovative application allows notes to flow continuously on a screen, similar to a teleprompter, which helps musicians focus solely on playing and enjoying the music without the distractions of turning pages. The system automatically adjusts the scroll speed to match the performance tempo, reducing errors during play. Blackbinder's solution is designed for individual musicians, groups, and institutions such as conservatories and orchestras, allowing them to manage tasks traditionally done with paper scores, including acquisition, storage, sharing, and annotation. Additionally, the closed ecosystem of Blackbinder ensures secure access and control over intellectual property rights, making unauthorized reproduction impractical. Through ongoing engagement with musicians, Blackbinder aims to enhance user experience and explore new business opportunities across the music value chain.
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