• Orbik Cybersecurity

  Participated · Equity · May 2026

  Founded in 2023 and based in Arrasate-Mondragón (Basque Country), Orbik Cybersecurity develops product cybersecurity and regulatory compliance solutions for industry and embedded electronics. The company operates an accredited laboratory that performs certified cybersecurity validation against standards such as IEC 62443, CRA, ISO 21434, IEC 63452, ETSI EN 303 645 and FDA requirements, and offers a cloud-based SaaS platform (myorbik.com) for end-to-end product cybersecurity management. In 2025 Orbik launched Orbik Virtual Lab, a virtual laboratory to validate, test, and certify product security in controlled digital environments. The company reported more than €2 million in revenue in 2025 and has grown its team to over 50 professionals; it converted to a hybrid worker cooperative in 2025 with support from MONDRAGON, IKERLAN and the Basque Government. Orbik plans to scale operations, invest in R&D, expand into new markets and sectors, grow the team to about 65 people, and add 100 new clients as part of its roadmap toward 2030.

• H2SITE

  Participated · Series B · Jan 2025

  H2SITE has developed an industrial technology platform for hydrogen production and separation and has demonstrated scalability with more than 50,000 operating hours for its membrane reactors and separators. The company has established advanced manufacturing capabilities in Europe and reports producing and recycling thousands of Pd-based membranes every year. H2SITE is entering a phase focused on executing large-scale industrial projects and commercializing its solutions globally. It plans manufacturing growth and international expansion, including entry into Asian markets, supported by new strategic investors. The firm also benefits from earlier support through the EIC Accelerator programme for its ammonia cracking technology and has identified a project at the Port of Antwerp to help establish hydrogen supply chains.

• InspectRail

  Led · Seed · Mar 2024

  InspectRail, a spin-off of the CEIT technology center and participant in Basque Tek Ventures, develops and commercializes onboard inspection solutions to evaluate the health of railway infrastructure. Its systems can be embarked on any rail vehicle and monitor track, catenary, wireless communications and the surrounding environment to provide an integrated view of network condition. The company emphasizes frequent data collection at contained cost to support more precise, continuous knowledge of the infrastructure and to optimize management, operation and maintenance. InspectRail positions its technology to address infrastructure-related disruptions—the article cites that 24% of incidents cause delays and 60% are linked to infrastructure problems. The €330k pre-seed capital increase will be used to develop and validate new inspection systems and to support commercial development. InspectRail plans to consolidate in the railway market, expand its product and service portfolio, and accelerate growth to improve efficiency and safety in rail transport globally.

• Metxa Accelerator

  Led · Equity · Mar 2018

  Metxa operates as an accelerator that selects startups and runs an acceleration programme for entrepreneurs. GCRPV, through the Basque FCR fund, invested €100,000 into Metxa’s share capital. The funds raised will be directed to investments in startups chosen by the accelerator to participate in its programme. Basque FCR’s strategy, as stated in the article, allocates €23 million to equity investments across company stages and reserves €5 million to favour entrepreneurship. To date Metxa has invested in Boat Jump, White Spell, Dog Vivant, Thebest5, BriteShoes and Ship Net Premium, with an average ticket of about €75,000 per project. The transaction is presented by regional entrepreneurship authorities as a step to support the local entrepreneurial ecosystem.

• Ticketbis

  Participated · Equity · Aug 2013

  Ticketbis operates an online aftermarket exchange for buying and selling tickets to events across Europe, Latin America and, more recently, Asia. The five-year-old company employs over 350 people and claims to operate in more than 30 countries. It competes with other aftermarket ticket exchanges such as Viagogo, Seatwave, Stubhub and Getmein. Management reports that turnover in Q1 2015 was already double the previous year, though the company does not disclose revenue or profit. Ticketbis says it will use new capital to improve service quality, bed down new markets (specifically in Asia) and develop its mobile products. As of this raise, total investment in the startup stands at €14 million. Ticketbis operates an online exchange for buying and selling after-market event tickets across 31 countries. The company says it is the leader in Southern Europe and Latin America and has recently expanded into Asia. Ticketbis reported a turnover of €29 million in the first half of 2014, exceeding its full-year 2013 revenue; sales mix in Q1 was about 50% Europe, 40% Latin America and 10% new markets. Founded in 2009, the startup plans to use new capital to bed down in existing markets and accelerate growth in newly entered regions, with a specific focus on Asia. Management expects revenues from Asia to equal those from Europe and Latin America in 2015. The company faces competition from other aftermarket ticket exchanges such as Viagogo, Seatwave, Stubhub and Getmein. Ticketbis operates an after-market, fan-to-fan marketplace for event tickets, focusing on sports, concerts and theatre. The Spain-based startup operates in 15 countries and says it is the market leader in Southern Europe and Latin America. The platform offers more than one million tickets and, since being founded in 2010, claims 6 million users and over 150,000 tickets sold worldwide. Financially, Ticketbis booked $18 million in sales in the first six months of the year, exceeding the $15 million invoiced in 2012, and makes money by charging a commission to buyers and sellers. The company attributes growth to an ambitious internationalisation plan and says roughly half of turnover comes from Europe and the remainder from Latin America. The new capital will be used to expand into new markets. Ticketbis operates an online platform for buying and selling tickets across sports, concert and theatre events. Founded in 2009 by Ander Michelena and Jon Uriarte, the company had about 70 employees at the time of the report. It planned to hire more than 30 additional staff to consolidate in existing markets and to launch operations in new markets. Target markets listed included Mexico, Argentina, Brazil, Spain, Portugal, Italy and the UK, with planned expansions to Germany and Russia. Between July and September Ticketbis recorded turnover of €3.5m versus €1.3m in the same period in 2011. Accumulated sales for 2012 had already topped €9m.

No current team members are available.