The Venture Codex Logo

The Venture Codex

Itzarri EPSV

C. San Antonio, 2 – Bajo, Vitoria-Gasteiz, Araba, 01005, Spain

Overview

Itzarri EPSV offers financial services including the pension funds for people in the Basque country region.

Total investments
2
Lead investments
0
Investments · 12mo
2
Active investors
0

Sector focus

  • Financial Services
  • Government
  • Personal Finance
Visit website

Investment portfolio

  • Revenant

    Participated · Equity · Jul 2026

    Revenant is an industrial small-to-medium enterprise committed to the circular economy that designs and manufactures large-tonnage forklifts and port/industrial tow tractors. The company plans to relocate production to a new plant to significantly increase capacity while maintaining its current Gordexola facilities as an R&D and new-model development hub. Recent financing of €3.3 million will fund the start-up of the new production site and support the addition of advanced functionalities and technologies to its machinery. Revenant emphasizes continued investment in innovation to offer more efficient and sustainable solutions to customers. Management, led by CEO Alex López, positions the company to industrialize its value proposition and scale in its target markets. No historical revenue or user metrics were disclosed in the article.

  • BEGAS

    Participated · Equity · Feb 2026

    BeGas, a Basque engine manufacturer, focuses on developing powertrains that run entirely on BioAutogás for trucks and other heavy urban-industrial vehicles. The company already sells certified engines and is now directing capital toward two new 6- and 9-liter BioAutogás models slated for market launch and homologation in 2025. To meet rising European demand, BeGas will expand output at its Ortuella (Bizkaia) plant and strengthen its supply chain, which includes ZF Group, Bimotor/FPT and Bosch Engineering Group. Under its 2025-2028 strategic plan, the firm intends to triple revenue and grow headcount by 50 %. It is also running R&D programs on hydrogen engines in collaboration with CMT and CTAG, partly funded by Next Generation EU initiatives via CDTI and IDAE. These efforts reinforce its ambition to lead the decarbonisation of heavy urban transport.

Team

No current team members are available.