Led · Equity · Jun 2024

Orygen offers a technology platform that uses AI to identify and analyse unused or abandoned rural land and match it with companies and developers for projects such as carbon absorption, agroforestry, renewable energy and other sustainability uses. The platform bundles services including land search, a marketplace, project design, profitability calculation and agroforestry analysis. Since launching in 2023 the company has invested more than €150,000 in product development and has analysed over 45,000 hectares and registered more than 600 landowners; its marketplace currently lists 150 available plots. Orygen says its technology can assess soils rapidly without site visits and recommend the most suitable projects both environmentally and financially. The company positions itself as a solution to rural depopulation and land abandonment in Spain by enabling owners to revalue and monetise their land. The business model targets owners, large landholders and sustainability project developers as primary users of the platform.

Led · Debt Financing · May 2024

IRISBOND, founded in 2013, designs and manufactures digital devices equipped with eye-tracking that detect the pupil via infrared light and allow users to control a computer or tablet with their gaze. Its products target people with speech and motor difficulties—including patients with ALS and cerebral palsy—facilitating communication, reading, social interaction and personal development. The company exports roughly 75–80% of its sales to Europe, the U.S. and LATAM and reported a 58% increase in sales in 2022 versus the prior year. Its eye-tracking and Augmentative and Alternative Communication (CAA) solutions were recently included in the Spanish Sistema Nacional de Salud prescription catalogue and are already prescribed in 11 autonomous communities. IRISBOND is also adapting its technology for early diagnosis of neurodegenerative diseases in collaboration with universities and biomedical research centres. A press release dated 27/10/2023 reports that IRISBOND received €2M from several investors. The article names the Sociedad de Capital Riesgo del Grupo SPRI as a participating investor. It also states that the Hazitek Singular program participated in the transaction. The announcement was published on webcapitalriesgo.com. The article does not disclose the financing instrument, valuation, use of proceeds, founding year, location, or operating metrics. No additional investor names or details about past rounds are provided in the text. Irisbond develops an eye-tracking system (eyetracking) that lets users control a computer through eye movement, with primary applications in assisted communication for people with mobility or speech limitations. The company also positions the technology for industrial use cases, collaborative robotics and neuromarketing. Irisbond was founded in 2013 and has built an international distributor network across markets including Spain, Argentina, Chile, Peru, the United States, France, Ireland, Greece, Finland, India and South Africa. Management says the company will pursue an international expansion plan and new disruptive technology developments based on artificial intelligence. To finance that growth, Irisbond closed a fundraising package in 2018 and expects to make further investments to support the expansion and R&D roadmap. Irisbond builds assistive eye-tracking technology for controlling computers. In October 2013 the company launched Irisbond Primma, described as a reliable, intuitive and precise system that controls a PC via eye movement. Irisbond has focused on the disability segment, targeting users with mobility and speech challenges such as ALS, paraplegia and cerebral palsy. The company was founded in 2013 in San Sebastián and counts Vicomtech-IK4 as a technology partner. It has established a distributor network across Spain, Chile, Argentina, the United States, Peru, France, Ireland, Greece, Finland, India and South Africa. In 2015 Irisbond closed a €300,000 funding round to develop its business plan.

Led · Equity · Apr 2024

Sol de Ibiza is a certified organic mineral sunscreen brand founded in 2019 on the island of Ibiza by Alessandro Mancini, Santo Bellistri and Linda Maroli. The company sells through a multichannel strategy including 1,200+ physical retail points and digital channels (own site, Amazon and hundreds of online stores), with digital accounting for 29% of sales. It reports roughly €1.0M in revenue since inception and current annual sales of about €350,000, selling up to 30,000 products per year. The brand is present in 19 countries, with Spain and the UK as its two largest markets and placements in retailers such as Wholefoods, Planet Organic, Veritas and Naturasì. Sol de Ibiza is expanding beyond organic retail into luxury hotels, beach clubs and concept stores, positioning itself in an eco‑luxe niche. Future plans cited by the company include new product development, boosting brand recognition and launching in the U.S. via Amazon US.

Led · Equity · Sep 2023

Recovo operates a platform that enables fashion brands to buy and sell surplus fabrics and yarns and to convert textile waste into reusable resources. The company has expanded its offering to include recycling, a materials-of-the-future marketplace, and an Upcycling service that digitizes surplus inventory for internal reuse. Recovo plans to use new funding to invest in technology for its platform and to accelerate international expansion. Founded in May 2021 and based in Spain, it now operates in more than 16 European markets. The company reported 800% growth in 2022 versus 2021, serves over 773 clients and has surpassed 20 employees. To date Recovo says it has recovered 1.7M metres of fabric and achieved impact savings of 89,333 kg CO2 and 18M litres of water. Recovo is a re-commerce platform for surplus fabrics, yarns and production materials. The startup enables textile recovery so companies can give leftover fabrics a second life and reduce environmental impact. Its business model emphasizes circularity through technology, traceability and community. Recovo was founded in 2021 and is participating in Mango StartUp Studio's acceleration program. The program provides mentoring, training on buying and selling fabrics, product architecture and UX, marketplace development, and support to create a recognizable Recovo label. Mango supports Recovo via a convertible participative loan and collaborative acceleration to help product and go-to-market development.

Led · Equity · Sep 2020

Ciclogreen offers an integrated tool to manage sustainable mobility for organizations, enabling measurement, incentives and behavior change to cut transport emissions. Its services include drafting mobility plans, promoting micromobility, optimizing shuttle and corporate bike/scooter fleets, and managing parking. The Seville-based company was founded five years earlier and reports more than 50,000 registered users, deployments with over 60 companies, around ten universities, and multiple city governments including Seville and Barcelona. Corporate clients cited include Decathlon and Sacyr, and Ciclogreen says it has helped save more than 2,400 tonnes of CO2. The startup already runs programs in several European locations, notably Germany and Hungary. It plans to use newly raised funds to improve the product offered to organizations, expand the team and continue internationalization. Ciclogreen operates a platform that rewards sustainable mobility choices by citizens and workers, tracking trips by bike, carpool and public transport. The company was founded by Andoni Recabarren, José María Muro, Francisco José Melgar and Gregorio Magno and belongs to the LAB Tech4Climate ecosystem. It collaborates with public bodies such as the Ajuntament de Barcelona and the Oficina Española del Cambio Climático and counts support from organisations including Carrefour, Spiuk, Telefónica and the European Cyclists’ Federation. Ciclogreen has been recognised by Google as one of Spain’s most promising impact startups. The company plans to use new funding to consolidate nationally by expanding its commercial team and adding new product functionalities. Recent financing has strengthened its position to scale partnerships and commercial deployment.