• 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.

• Walter Pack

  Participated · Equity · Jul 2026

  Walter Pack specialises in packaging solutions for customers from its base in Biscay. The company recently completed a €4 million financing round to fund growth and operational expansion. Its latest round attracted a mix of private equity, public-backed, and regional seed investors. The participation of Ezten II marks that vehicle's first investment. Beyond the announced round and use of proceeds, no additional financial metrics or past funding details were provided in the articles.

• Barbara

  Led · Equity · Apr 2026

  Barbara develops a platform that enables deployment of artificial intelligence and advanced applications directly at the edge of the network, emphasizing security, resilience, and regulatory compliance. Its platform targets the secure and scalable management of distributed assets across sectors including energy, mobility, industry, and telecommunications. The company positions its technology to combine local processing with protection against cyber threats and real-time operations for critical infrastructure. Barbara is backed by Seed Capital Bizkaia and is part of Seed Capital Bizkaia Fund I’s portfolio. With the newly raised €4.5 million strategic round, the company plans to accelerate international expansion into Europe, the Middle East, and the United States and to scale international projects. The funding is also intended to further consolidate its technology and strengthen presence in priority markets undergoing digitalization of networks and distributed assets.

• 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.

• NNEAT

  Participated · Seed · Feb 2026

  Founded in 2025 in Bilbao as a spin-off of Versia, NNEAT has built a continuous threat exposure management (CTEM) platform that integrates external threat intelligence, maps findings to MITRE ATT&CK, and automatically analyses security configurations. The system produces dynamic risk scores, identifies sector- and location-specific threats, and prioritises remediation actions, turning dispersed technical signals into executive-level insights. Its architecture combines predictive threat intelligence with automated exposure management, giving security teams proactive visibility into emerging risks such as AI-driven attacks. The company already works with customers in industry, food, critical infrastructure, insurance and public administration, and is also courting managed security service providers (MSSPs). Backed by several regional innovation programmes and European funds, NNEAT plans to accelerate product development and expand into the UK and German markets while showcasing at events like Infosec (London), ITSA (Nuremberg) and RSAC (USA). The recent capital injection strengthens its financial position as it pursues these growth initiatives, although no revenue or user metrics were disclosed.

No current team members are available.