TECNALIA has designed and validated an electric unmanned aerial vehicle with high capacity for wildfire intervention. The development is part of EXTINCIA, a project coordinated by CLUE Technologies and funded by CDTI, combining drones, artificial intelligence, and advanced air traffic management systems.
The Valencian startup BZERO, specialized in sustainable biomaterials, has closed an oversubscribed seed round of 1.5 million euros, raising total funding to 2.5 million euros since its founding in 2021. Existing investors Ship2B Ventures, CTL Investments, and Torribas have increased their support, joined by new investors.
Buenavista Equity Partners, a Madrid-based private equity firm, announced that its third buyout fund, Buenavista Buyout Innvierte III, secured €75 million in commitments from Fond-ICO Global. The fund aims to invest in Spanish companies across healthcare, industry, services, and food, with a focus on digitalisation and generative AI. It has already completed two transactions, including investments in Hundred Burgers and Instituto Bernabeu.
Elewit, the technological platform of Redeia, announced a 40 million euro investment over four years to drive innovation and digitalization as part of Redeia’s Strategic Plan 2029. The funds will focus on efficiency and transformation initiatives within the group.
Abacum’s founder discusses shifting from traditional KPI-based compensation to revenue-linked bonuses for all employees, emphasizing alignment with company performance and long-term equity incentives.
SoccerSolver, a Spanish startup specializing in AI-based software for sports and economic planning of professional football clubs, has raised 850,000 euros in pre-seed funding. The company will use the funds to accelerate technology development and expand internationally.
The Cabildo de Tenerife has approved the launch of Tenerife Accelera Fund, a new financial instrument to boost startups and scaleups in strategic sectors, mobilizing private investment and creating qualified jobs.
Catalyxx, a Spain-based developer of bio-based chemicals, has received a €20 million EU grant to build its first commercial plant in Europe. The funding supports the transition from technology demonstration to commercial-scale production of bio-based alcohols, aiming to reduce reliance on fossil-based feedstocks.
Natac Biotech, part of Natac Natural Ingredients, secured 1.4 million euros from Spain’s Ministry of Industry and Tourism under the Industrial Value Chain Impulse Program to advance the FRACTAL project.
Cathay Innovation has announced the appointment of Beth Faus as Vice President, strengthening its local presence in Spain during a pivotal moment for the Spanish market.