• Entomonorte

  Led · Equity · Jul 2026

  Entomonorte develops and validates bioconversion processes that use insect larvae, specifically the black soldier fly (Hermetia illucens), to convert biorresidues into high-value materials. The company has initiated activity in Asturias and will deploy a container-demonstrator preindustrial plant at the Centro de Innovación Carrio in Laviana to validate its technology. Initial work supported by the recent financing includes R&D and technical validation efforts and the creation of two qualified jobs. Entomonorte positions itself within circular economy initiatives, aiming to reduce agroindustrial waste accumulation and environmental impact. The company plans to expand its operations at the innovation center following successful validation of the preindustrial unit.

• Stoic Enterprises

  Led · Equity · May 2024

  Stoic provides an online, AI-enhanced platform that supports cultural transformation in organizations through programs, consulting, advice and training under a 'Culture as a Service' model. The platform combines educational methodologies and digital integrations to form learning communities and promote leadership development, talent attraction and retention. Stoic emphasizes concrete experiences that empower individuals to learn, grow, assume responsibilities and be recognized for contributions that drive team and organizational success. Its software and capabilities aim to build leaders aligned with corporate strategy and to scale cultural change more effectively than traditional learning models. Stoic is established in Oviedo and is a spin-off of Axialent, a global consultancy in organizational transformation. The company has a strong artificial intelligence component embedded across its product and delivery model.

• VUMI

  Led · Equity · May 2024

  Vumi has developed an API (Finlink) and platform that automates real-time extraction of users' investment transactions, aggregates data, performs investment analysis and produces personalized reports for financial professionals. The solution targets investors and advisers who currently rely on manual account-reading and spreadsheets, aiming to improve the speed and quality of advisory decisions. Recent funding is intended to finance platform improvements, expand commercial activity, and raise brand recognition. The company plans to use the financing to create 14 new high-skilled jobs over two years, adding to its five current employees. Vumi is domiciled in Gijón (Asturias). The team includes cofounders Carlos Mata García (CEO), Martín Rico Martínez (Front Head), and Óscar Méndez Valladares (CTO).

• Plexigrid

  Led · Convertible Note · Jul 2021

  Plexigrid is a technology provider that develops software to optimize planning and operation of distribution‑level power grids. The company is building a next‑generation grid control technology that enables real‑time coordination between the network and millions of flexible devices. Plexigrid was selected for €6.5M in funding from the European Innovation Council’s EIC Accelerator program, a highly competitive initiative that awards less than 1% of applicants. The package includes a €2.5M non‑dilutive grant for technology development, complemented by €1M of Plexigrid’s own capital; the article states a further €4M will be injected as equity to be combined with external financing in an upcoming round. The funds will be used to finish the company’s flexibility orchestration engine, integrate it with Plexigrid’s platform, and support global expansion. The article notes the European Commission (via the EIC) is a shareholder and Plexigrid aims to establish itself as a leader in the grid‑tech space. Plexigrid develops an AI software platform that helps electric grid operators automatically increase or decrease users' electricity supply to prevent local bottlenecks and ‘‘flatten the curve’’ of demand. The system shifts consumption patterns in real time to better utilise existing grid infrastructure and can, the company claims, cut grid costs by 35–40%. Plexigrid positions its solution as a complement to the expansion of fossil-free energy sources to accelerate electrification and the green transition. The company is Gijón-based and markets its technology to grid operators facing surges in demand. Financially, Plexigrid has completed an oversubscribed €4.5 million seed round and says it received a strong valuation, though the figure was not disclosed. Management emphasises having selected long-term, experienced investors to support global adaptation and scaling of electricity networks. Plexigrid builds a grid operating system and software that converts existing power grids into flexible systems by identifying where and when grids are overloaded or underutilized. Its technology can reschedule flexible devices (electric vehicles, heat pumps, batteries) to avoid local congestion and defer costly grid upgrades. The company co-developed its core technology with utility EDP and says, at scale, it could save USD 300 billion annually in capacity upgrades for grid operators. Plexigrid was founded in 2020 and now has a team of 25 people of 14 nationalities working from Gijón (Spain) and Stockholm (Sweden). Financially, it has raised €2 million to date and is planning a follow-on financing round to raise an additional €10 million before the summer to strengthen technology and expand internationally. The company cites the IEA's "Net Zero 2050" study, noting 500–800 billion USD annual investment needs and claiming its tech could avoid roughly 35% of those investments. Plexigrid develops software that provides real-time graphical representation of electrical distribution networks using graph-database technology. The technology enables faster event detection and quicker execution of operational and planning calculations. Its product portfolio also includes tools for aggregation of energy consumption and management of distributed assets such as batteries, photovoltaic panels and electric vehicle charging points. The company is based in Asturias. Financially, Plexigrid closed a €300,000 convertible loan round in which EDP Ventures España invested €200,000 and the Sociedad Regional de Promoción (SRP) invested €100,000. EDP Ventures España reported this as its first transaction and focuses on Spanish startups addressing energy transition challenges including smart grids, storage, flexibility and digitalization.

• Mind Facilities Management

  Led · Equity · Feb 2021

  Mind Facilities Management develops digital facility-management tools centred on the experience of people in their work environments, including a platform for SMEs to manage general services and employee/user needs and a separate tool for retail service management. The company began activity in 2019 in Madrid with a team of experienced sector professionals. As of the article it had 11 employees and planned to create nine more positions in 2021, eight of them at new installations in Gijón, Asturias, with a target of reaching 30 employees by 2025 (18 in Asturias). Mind’s growth and regional implantation are being supported through public backing aimed at attracting emerging industries to Asturias. Financially, the company presented an investment plan that totals a €1.4 million project. The product roadmap described focuses on digital transformation of facilities and expanding its commercial footprint in Asturias.

No current team members are available.