OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0

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OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
6TH EDITION
OPEN INNOVATION
& ACCELERATION
PROGRAM
2022 CATALOGUE
OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
CONTENTS

 4   FOSTERING INNOVATION THROUGHOUT 6 SUCCESSFUL EDITIONS
		   BIND 4.0 Key Performance Indicators
		   + 240 Industry 4.0 Projects
		   + 130 Startups Impacted
		   7M€ Real Turnover

  6 EDITION 6
  6 65+ Corporate Partners

  8 Startup Participants | 28 Industry 4.0 Projects

 10 Artificial Vision

 14 Big Data & Artificial Intelligence

 23 Blockchain

 24 Cybersecurity

 26 E-Mobility

 27 Internet Of Things

 32 Nanotechnology / New Materials

 33 Collaborative Robotics

 35 Virtual /Augmented Reality

 38 Waste Management

40 ABOUT BIND 4.0
 40 The public-private initiative that promotes the development

		 of transformative Industry 4.0
 52 Development Areas: Tech & Solutions

 52 Services

50 WHO’S WHO IN BIND 4.0?
 53 Basque Government, SPRI Group

 53 Corporate Partners

 53 Expert Mentors

 55 Technological Partners

 55 Venture Club

56 LIST OF 160+ BIND 4.0 STARTUPS (2017 - 2022)
OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
BIND 4.0 | 6TH EDITION CATALOGUE | 2022

Fostering Innovation Throughout                                                          BIND 4.0 Key Performance Indicators

6 Successful Editions                                                                    The Open Innovation and Acceleration
                                                                                         Program lasts 24-weeks and startups
                                                                                         keep reaping the benefits of their
                                                                                                                                    the immersive events scheduled. BIND
                                                                                                                                    4.0 startups regularly network with
                                                                                                                                    main players in the Basque ecosystem,

2017-2022                                                                                work long after. Our executive
                                                                                         education and training sessions help
                                                                                         Founders establish strategies and
                                                                                                                                    participate in key industry events, meet
                                                                                                                                    Venture Club Investors and get in-depth
                                                                                                                                    training and mentorship.
                                                                                         procedures, providing transferable
With 6 editions of proven success,         growing number of startup applicants,         skills for their next B2B relationships.   Since 2017, BIND 4.0 has been
BIND 4.0 helps implement mutually          each year the total number of corporate       Since the BIND 4.0 program is              supporting young companies with their
beneficial Startup-Corporate               clients increases.                            intended to make deep rooted               journey into the Basque Industrial and
collaborations. The renowned Open                                                        business connections, 60% of the           Entrepreneurial Ecosystem and has
Innovation Platform has two startup        In this 6th edition, more than 65             participating startups continue            been internationally recognized for its
programs devoted to enhancing the          innovative corporations have chosen           to work with the Corporate Client          efforts. One of the successful stories
digital transformation of established      BIND 4.0 to identify and deliver              companies after the program ends.          of the BIND 4.0 program, has been the
corporate companies and SMEs, in           groundbreaking startup solutions.                                                        European Commission Award received
addition to increasing the growth          Year after year, our corporate clients        Overall, startups double their income      for Improving the Business Environment.
of technology startups through real        show their unrelenting commitment             one year after their graduation on         By supporting businesses and
projects and reference customers.          to innovation by believing in BIND 4.0        account of the business connections        boosting the local ecosystem through
The BIND 4.0 Open Innovation &             and our mission to enrich the Basque          made through BIND 4.0, and the             collaborative digital transformation
Acceleration Program has developed         Advanced Industrial ecosystem. Open           program has generated over 7M€ in          projects, together, we’re pushing
more than 240 Industry 4.0 projects        Innovation through collaboration with         turnover for startups.                     innovation forward.
and accelerated over 160 Tech              startups remains a priority for the BIND
Startups, so far.                          4.0 Corporate Venture Clients.                These impact figures are due to not
                                                                                         only the market-validation with a big
The public’s interest in BIND 4.0 keeps    As we expand to meet the needs of             name reference client, but thanks to
increasing as shown by the 6th edition’s   the marketplace, BIND 4.0 continues
data, with over 770 applications,          to grow & evolve. In the 6th edition,
the highest number to date. What’s         we noticed that trends were changing
more, the program has attracted            and new technologies were emerging
talent from around the globe, having
received applications from 6 continents
                                           that we needed to incorporate into our
                                           roster. 40% of registered projects were       x2
                                                                                         startups
                                                                                                                      6/10
                                                                                                                      sign second
                                                                                                                                                 98%
                                                                                                                                                  business
and more than 80 countries. With           committed to technologies such as the
its reputation for supporting and          Internet of Things, Artificial Intelligence   double billing               contract                    survival
improving the business ecosystem,          and Big Data to develop their solutions.
BIND 4.0 has undeniably established        More specifically, in the 6th edition,
itself at an international level, as a     startups have developed vision-based
benchmark accelerator for advanced
industrial projects.
                                           intelligent automation, nanotechnology
                                           to reduce energy consumption,                 14                           7M€                        160+
                                           industrial use drones, recovery of waste      new clients                  Real                        startups
The symbiosis of open innovation           as a raw material, image-based smart          per startup                  turnover                    impacted
is undeniable, corporate resources,        meter reading, a telerehabilitation
processes and means combined with          platform, cold chain traceability,
startup agility, focus and speed.          personal data anonymization SaaS,
The successes achieved by the BIND
4.0 Open Innovation Platform have
                                           and machine vision for quality control,
                                           among others. The technologies we             45K                          240+
consistently attracted the attention       incorporate help us move towards              average contract             projects
of companies of all sizes, based in the    a more intelligent, efficient and             amount                       developed
Basque Country. In fact, along with the    sustainable industry in the future.

4
OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
BIND 4.0 | 6TH EDITION CATALOGUE | 2022

     65+CORPORATE
        VENTURE
        CLIENTS
                                          PROFESSIONALS
                                          FOR
                                          QUALITY
OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
6TH EDITION

28                         Startup
                           Participants

Our Industry Leading Corporate Clients selected
these 28 Innovative Technology Startups to work on
33 Startup-Corporate Industry 4.0 Projects during
the 6th edition of the BIND 4.0 Open Innovation
& Acceleration Program.
OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
ARTIFICIAL VISION                                                                   ARTIFICIAL VISION

                                        Deep Detection                                                                             Merasys
                                        Photon counting X-ray Line Cameras:                                                        Experts in Industrial Inspection and
                                        Better inspection for safer products                                                       Monitoring

TECHNOLOGY                              DESCRIPTION                                 TECHNOLOGY                                     DESCRIPTION
Artificial Intelligence, Industrial     PhotonAi is a photon counting, multi-       Artificial Intelligence, Internet of Things,   Merasys’ main service is intelligent
Hardware, Photonics                     energy x-ray camera designed to step-       Big Data                                       inspection based on three technologies:
                                        change industrial inspection capabilities                                                  Real-Time Remote Monitoring (RTRM),
BUSINESS FOCUS                          for quality and safety. The PhotonAi        BUSINESS FOCUS                                 Computer Vision (CV) and Convolutional
Business Focus: Intelligent Industry,   camera detects low-density foreign          Intelligent Industry, Health Tech              Neural Networks (CNNs). They offer
Food Tech                               bodies for food inspection at production                                                   ad-hoc artificial intelligence solutions,
                                        speeds. Deep Detection technology           PROJECT WITH CORPORATE PARTNER                 including the development of hardware
PROJECT WITH CORPORATE PARTNER          can detect plastics, bones, debris                                                         prototypes prepared for any physical
                                        and organic elements in food. Patent                                                       environment and programmed with
                                        granted in the USA, Europe, Japan and                                                      Open Source software.
                                        China.                                      INVESTMENT STAGE
INVESTMENT STAGE                                                                    Seed - Accelerator/Public Funding              TARGET AUDIENCE AND MOST RELEVANT CLIENTS
Seed - VC/Angel                         TARGET AUDIENCE AND MOST RELEVANT CLIENTS                                                  Their potential clients could be
                                        Deep Detection focuses on the Food          FOUNDERS                                       companies from the private or public
FOUNDERS                                and Beverage market, with clear             Lorena Rosende Barbosa                         sector, especially in the industrial sector
David Ciudad, Colin Burnham, José       problems that they can solve. Their                                                        with technological needs related to
Gabriel Macía, Mokhtar Chmeissani       business model is very clear, they sell     HEADQUARTERS                                   Artificial Intelligence and Real-Time
                                        cameras and hardware to companies           Vigo, Spain                                    Remote Monitoring. Their main clients
HEADQUARTERS                            that manufacture X-ray machines for                                                        by sector are: Automotive (Stellantis,
Barcelona, Spain                        F&B producers. They have verified           FOUNDED                                        Renault), Energy (REPSOL, IBERDROLA),
                                        the business opportunity and have 21        2016                                           Renewables (GRI Towers) and Railway
FOUNDED                                 worldwide companies in their sales                                                         (ADIF, ACS).
2020                                    pipeline for this 2022.                     NO. OF EMPLOYEES
                                                                                    2
NO. OF EMPLOYEES
7

CONTACT DETAILS                         WEBSITE                                     CONTACT DETAILS                                WEBSITE
David Ciudad                            deepdetection.tech                          Carlos Parrilla García                         merasys.es
david@deepdetection.tech                                                            cparrilla@itera-t.es

10                                                                                                                                                                             11
OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
ARTIFICIAL VISION                                                                         ARTIFICIAL VISION

                                              Nabla Vision                                                                             Trak
                                              The Artificial Eyes you Always                                                           AI-powered Telerehabilitation
                                              Dreamed of                                                                               Software

TECHNOLOGY                                    DESCRIPTION                                 TECHNOLOGY                                   DESCRIPTION
3D Computer Vision, Internet of Things,       Nabla Vision offers bespoke 3D Real-time    Artificial Intelligence                      Therapeutic exercise is a fundamental
LiDAR, IA                                     Perception solutions that enhance current                                                phase of any rehabilitation process, but
                                              teleoperation and AI vision performance     BUSINESS FOCUS                               only 24% of patients complete them.
BUSINESS FOCUS                                integrating purpose-built vision sensor     Intelligent Industry, Health Tech            Using an artificial vision algorithm, Trak
Intelligent Industry, Logistics, Mobility &   units based upon cost-efficient LiDAR                                                    assists the patient in his rehabilitation
ITS, Security and Defense                     & camera devices fusion. Nabla Vision       PROJECT WITH CORPORATE PARTNER               process, correcting the patient in real-
                                              technology focus on enabling efficient                                                   time and collecting data on the evolution
PROJECT WITH CORPORATE PARTNER                and secure/safe operations for real-time                                                 for the physiotherapist.
                                              robotics, tele-operation, security and
                                              environment monitoring. By fusing high-     INVESTMENT STAGE                             TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                              density 3D information with vision data;    Seed - VC/Angel                              · Healthcare providers: Quironsalud,
INVESTMENT STAGE                              localization, mapping, long-range object                                                   Ribera Salud (Torrejón, Vinalopó,
Seed - Accelerator/Public Funding             detection, identification and tracking      FOUNDERS                                       Povisa hospitals), Osakidetza,
                                              become much simpler in dynamic and          Jon Vital, Carlos Rodriguez-Sierra, Daniel     Asunción, San Roque hospitals,
FOUNDERS                                      complex open-air scenarios, facilitating    Soler
Jordi Romero, Cristina García                 the task of computer vision AI algorithms                                                · Pharmaceutical companies: Janssen,
                                              or human teleoperators.                     HEADQUARTERS                                   Grünenthal International Pharma
HEADQUARTERS                                                                              Donostia-San Sebastián, Spain
GAVA, Spain                                   TARGET AUDIENCE AND MOST RELEVANT CLIENTS                                                · Insurance companies: Keralty
                                              Nabla Vision products and solutions         FOUNDED
FOUNDED                                       address the challenges of real-time 3D      2021                                         · Private physical therapists
2019                                          sensing at the edge while remaining
                                              cost-effective. The targeted markets        NO. OF EMPLOYEES
NO. OF EMPLOYEES                              are I4.0 and logistics-mobility operators   12
2                                             with relevant safety and efficiency
                                              needs in their operations and logistics,
                                              or defense-security players demanding
                                              detection, tracking and navigation in
                                              dynamic and complex open-air scenarios.

CONTACT DETAILS                               WEBSITE                                     CONTACT DETAILS                              WEBSITE
Jordi Romero                                  nablavision.com                             Jon Vital                                    trak.es
jordi@nablavision.com                                                                     jon@trak.es

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OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
BIG DATA &                                                                               BIG DATA &
           ARTIFICIAL INTELLIGENCE                                                                  ARTIFICIAL INTELLIGENCE

                                           Ancora                                                                                      Bechained
                                           Voice-enabled shop floor software                                                           Smart Energy Management Platform
                                           made for PEOPLE                                                                             for Sustainability Purposed Business

                                           DESCRIPTION
                                           Ancora is a spin-off from the University
                                           of Vigo, which develops and markets
TECHNOLOGY                                 digital tools for manufacturing line          TECHNOLOGY                                    DESCRIPTION
Artificial Intelligence, Internet of       workers designed to be used by people.        Artificial Intelligence, Internet of Things   BeChained has developed a smart-
Things, Cyber-Physical Systems, Virtual    Even simple tasks become complex on                                                         energy platform for sustainable
Assistants and Cognitive Manufacturing     the shop floor with poorly designed           BUSINESS FOCUS                                purpose businesses: it manages flexible
                                           interfaces. With Ancora working on            Intelligent Industry, Clean Energy &          distributed resources (like energy
BUSINESS FOCUS                             the shop floor is easier and faster and       Sustainability                                consumption or self-production) for
Intelligent Industry                       anyone can do it.                                                                           energy intensive consumers.
                                           Ancora Worker Connect is the voice-           PROJECTS WITH CORPORATE PARTNERS              With A.I, we build the digital twin and
PROJECT WITH CORPORATE PARTNER             enabled software that powers shop floor                                                     the smart-governance that instructs
                                           workers. It enables lightweight worker                                                      the production programming to help
                                           digitalization that raises productivity and                                                 clients cut recurrent inefficiency in
INVESTMENT STAGE                           that anyone can use.                          INVESTMENT STAGE                              production processes, so energy costs
Seed - VC/Angel                                                                          Seed - Accelerator/Public Funding             and CO2 emissions, without disrupting
                                           TARGET AUDIENCE AND MOST RELEVANT CLIENTS                                                   the production outcome and business-
FOUNDERS                                   Manufacturing companies willing to            FOUNDERS                                      as-usual continuity. This generates
Alexandre Bastos, Felipe Gil-Castiñeira,   simplify and improve the use of digital       Stefano Melchior                              new revenue streams for bottom
Diego Celix                                tools on the shop floor. Ancora will                                                        lines when compensating the electric
                                           complement the existing MOM software          HEADQUARTERS                                  grid unexpected peak moments from
HEADQUARTERS                               managing the production processes,            Barcelona, Spain                              demand flexibility, so that grid operators
Vigo, Spain                                helping line workers to deliver better                                                      don’t depend only on extra production
                                           results and information. Ancora Worker        FOUNDED                                       from fossil fuel power plant to fix them.
FOUNDED                                    Connect suites different manufacturing        2020
2019                                       processes, but always focused on                                                            TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                           processes where human contribution            NO. OF EMPLOYEES                              Business electricity consumers, like
NO. OF EMPLOYEES                           is relevant for our customer. Our             3                                             manufacturers, commercial buildings,
11                                         customers belong to different sectors,                                                      logistic hubs and E.V. charging
                                           like automotive, aerospace, construction                                                    stations with a minimum 2GWh/year
                                           materials and machinery OEMs.                                                               consumption. Aggregators willing to
                                                                                                                                       participate in the energy balance service
                                                                                                                                       markets with demand flexibility.

CONTACT DETAILS                            WEBSITE                                       CONTACT DETAILS                               WEBSITE
Alexandre Bastos                           ancoramobile.com                              Stefano Melchior                              bechained.com
alexandre@ancoramobile.com                                                               stefano@bechained.com

14                                                                                                                                                                                 15
OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
BIG DATA &                                                                         BIG DATA &
           ARTIFICIAL INTELLIGENCE                                                            ARTIFICIAL INTELLIGENCE

                                     GlucoVibes                                                                         Heuristik
                                     A Personalized Digital Solution that                                               Helps Health Entities with Patient
                                     Helps you Become your Best Version                                                 Identification, Management &
                                                                                                                        Interoperability

TECHNOLOGY                           DESCRIPTION                                   TECHNOLOGY                           DESCRIPTION
Artificial Intelligence              GluvoVibes allows its users to be able to     Artificial Intelligence, Big Data    Heuristik’s solution is a 360º patient
                                     control their glucose levels. It connects                                          identification and management
BUSINESS FOCUS                       them with their body, interprets what it      BUSINESS FOCUS                       platform. Their technology combines
Food Tech, Health Tech               has to tell them so that they understand      Health Tech                          fingerprint recognition with Artificial
                                     how they work and thus, optimizes their                                            Intelligence in order to identify
PROJECT WITH CORPORATE PARTNER       physical and intellectual performance         PROJECT WITH CORPORATE PARTNER       fingerprints in adverse circumstances
                                     and in order to live a healthy life.                                               and manage patient portfolios during
                                                                                                                        the whole health process.
                                     TARGET AUDIENCE AND MOST RELEVANT CLIENTS
INVESTMENT STAGE                     GluvoVibes audience is people who want        INVESTMENT STAGE                     TARGET AUDIENCE AND MOST RELEVANT CLIENTS
Seed - VC/Angel                      to optimize their physical and intellectual   Seed - Accelerator/Public Funding    Their solution can be implemented in
                                     performance and live a healthy life. They                                          all kinds of health entities but at this
FOUNDERS                             are already working with top-class sports     FOUNDERS                             stage, they are targeting Public/Private
Alberto Conde Mellado                athletes, but also with everyday people       Antxon Caballero                     hospitals.
                                     who want to know how their body works.
HEADQUARTERS                                                                       HEADQUARTERS
Donostia-San Sebastián, Spain                                                      Bilbao, Spain

FOUNDED                                                                            FOUNDED
2021                                                                               2019

NO. OF EMPLOYEES                                                                   NO. OF EMPLOYEES
9                                                                                  17

CONTACT DETAILS                      WEBSITE                                       CONTACT DETAILS                      WEBSITE
Xabier Sesma                         glucovibes.com                                Antxon Caballero                     heuristik.tech/en
xsesma@glucovibes.com                                                              antxon@heuristik.tech

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OPEN INNOVATION & ACCELERATION PROGRAM - 6TH EDITION - BIND 4.0
BIG DATA &
           ARTIFICIAL INTELLIGENCE

                                         Imagoai
                                         ImagoAI’s Solution Helps Food
                                         Companies Cut Testing Cost &
                                         Time by 90%

TECHNOLOGY                               DESCRIPTION
Artificial Intelligence, Hyperspectral   With our breakthrough innovation in
Imaging                                  food testing, now you can get results for
                                         complex tests like vitamins, mycotoxins,
BUSINESS FOCUS                           sulfites, etc. within seconds and run
Intelligent Industry, Food Tech          these tests at a fraction of your current
                                         cost!
PROJECT WITH CORPORATE PARTNER
                                         You can automate your testing (nutrition
                                         analysis, chemical analysis, proximate
                                         analysis, texture analysis, etc) in a non-
INVESTMENT STAGE                         destructive manner.
Seed - VC/Angel
                                         TARGET AUDIENCE AND MOST RELEVANT CLIENTS
FOUNDERS                                 Food processing companies & food
Shweta Gupta & Abhishek Goyal            testing laboratories.

HEADQUARTERS
Milpitas (CA) & St. Paul (MN),
United States

FOUNDED
2019

NO. OF EMPLOYEES
10

CONTACT DETAILS                          WEBSITE
Abhishek Goyal                           imagoai.com
abhishek@imagoai.com

                                                                                     19
BIG DATA &                                                                              BIG DATA &
           ARTIFICIAL INTELLIGENCE                                                                 ARTIFICIAL INTELLIGENCE

                                         Innosep                                                                                 Legit.Health
                                         Democratizing Industrial AI - A data                                                    AI for Next-Gen Dermatologists
                                         analytics platform everyone can run

TECHNOLOGY                               DESCRIPTION                                    TECHNOLOGY                               DESCRIPTION
Artificial Intelligence, Advanced        innoSEP operates a no-code data                Artificial Intelligence, Big Data        Legit.Health is the revolutionary clinical
Analytics, Data Science                  analytics platform for the entire analytics                                             data and communication tool for next-
                                         lifecycle to transform domain experts          BUSINESS FOCUS                           generation dermatologists. It speeds
BUSINESS FOCUS                           without programming skills into Citizen        Health Tech                              up the pathology reporting process
Intelligent Industry, Clean Energy &     Data Scientists. Users can build and run                                                and increases patients’ autonomy and
Sustainability, Health Tech, Food Tech   AI analytics Apps in self-service through a    PROJECT WITH CORPORATE PARTNER           control. Powered by deep learning
                                         visual interface, role-oriented workflow,                                               technology, specifically computer vision,
PROJECT WITH CORPORATE PARTNER           and guided product modules without                                                      with a set of sequential neural networks
                                         needing to code.                                                                        trained to diagnose and score the
                                                                                        INVESTMENT STAGE                         severity.
                                         TARGET AUDIENCE AND MOST RELEVANT CLIENTS      Seed - VC/Angel
INVESTMENT STAGE                         Target customers are industrial                                                         TARGET AUDIENCE AND MOST RELEVANT CLIENTS
Seed - VC/Angel                          companies and SMEs that want to                FOUNDERS                                 Medical centers (Hospitals and clinics),
                                         unlock the limitless potential of AI           Andy Aguilar, Taig Mac Carthy, Alfonso   Insurance companies, pharmaceuticals.
FOUNDERS                                 in their data-driven future and, most          Medela, Gerardo Fernandez
Kerim Galal, Hüseyin Sahin               importantly, promote digital upskilling
                                         for their existing professionals toward        HEADQUARTERS
HEADQUARTERS                             self-service data science skills during this   Bilbao, Spain
Hannover, Germany                        transformation process.
                                                                                        FOUNDED
FOUNDED                                                                                 2020
2016
                                                                                        NO. OF EMPLOYEES
NO. OF EMPLOYEES                                                                        11
9

CONTACT DETAILS
Kerim Galal
k.galal@innosep.de                       WEBSITE                                        CONTACT DETAILS                          WEBSITE
                                         innosep.ai                                     Andy Aguilar                             legit.health
+49 163 601 65 96                                                                       andy@legit.health

20                                                                                                                                                                           21
BIG DATA &
                                                                                              BLOCKCHAIN
           ARTIFICIAL INTELLIGENCE

                                      Metis Labs                                                                               Kaytek
                                      AI-based Intelligent Control                                                             Technologically Advanced Platform
                                      Optimisation for Industrial Systems                                                      that Fully Digitalizes Industries

TECHNOLOGY                            DESCRIPTION                                  TECHNOLOGY                                  DESCRIPTION
Technology Artificial Intelligence,   Metis Labs reduces manufacturing             Internet of Things, Big Data, Blockchain,   Kaytek’s solution is capable of
Control Systems                       costs for companies making consumer          Artificial Intelligence                     undertaking the digital transformation of
                                      food, beverages and chemicals. They                                                      business by natively integrating the most
BUSINESS FOCUS                        do this by using AI to improve the           BUSINESS FOCUS                              advanced technologies; IoT, Blockchain,
Intelligent Industry, Food Tech       control efficiency of filling lines. Their   Intelligent Industry, Clean Energy &        Big Data and Artificial Intelligence.
                                      smart control software integrates with       Sustainability, Health Tech, Food Tech      Their platform brings multiple benefits:
PROJECTS WITH CORPORATE PARTNERS      manufacturers’ existing production                                                       automatic collection of information
                                      equipment to achieve higher OEE              PROJECT WITH CORPORATE PARTNER              on assets through the IoT, achieving
                                      and yield without needing to replace                                                     complete traceability, elimination of
                                      the hardware. The result is reduced                                                      paper, etc.
INVESTMENT STAGE                      overfill give-away and reduced under-fill
Seed - VC/Angel                       rejection.                                   INVESTMENT STAGE                            TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                                                                   Series A                                    Their experience is based on Industry 4.0,
FOUNDERS                              TARGET AUDIENCE AND MOST RELEVANT CLIENTS                                                but their multi sector approach allows
Alex Appelbe, Bashir Beikzadeh        Manufacturers of consumer food,              FOUNDER                                     them to digitize any type of company.
                                      beverage and chemical products.              Manuel Fandiño, Alejandro Montero,          They have already worked with: Idec
HEADQUARTERS                                                                       Miguel García-Ariño, Mikel Rodriguez,       Aero, Belgicast, Vaillant Group, Saunier
United Kingdom                                                                     Miguel Nicolás Rodriguez, David Blanco,     Duval and Fumbarri Fundiciones.
                                                                                   Jon Mikel Alonso, Asier Hermoso
FOUNDED
2017                                                                               HEADQUARTERS
                                                                                   Barakaldo, Spain
NO. OF EMPLOYEES
10                                                                                 FOUNDED
                                                                                   2018

                                                                                   NO. OF EMPLOYEES
                                                                                   8

CONTACT DETAILS                       WEBSITE                                      CONTACT DETAILS                             WEBSITE
Alex Appelbe                          metislabs.tech                               Manuel Fandiño                              kaytek.es
alex@metislabs.tech                                                                manu.fandino@kaytek.es

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CYBERSECURITY

                                         Nymiz
                                         Personal Data Anonymization
                                         Software based on AI

TECHNOLOGY                               DESCRIPTION
Artificial Intelligence, Cybersecurity   Personal Data Anonymization SaaS tool
                                         based in AI with NLP for managing not
BUSINESS FOCUS                           structured data(office docs, pdf, image)
Intelligent Industry, Clean Energy &     but structured data(databases) and
Sustainability, Health Tech, Food Tech   multilanguage. Nymiz allow customers
                                         to avoid data breaches, comply by design
PROJECTS WITH CORPORATE PARTNERS         with privacy laws(GDPR) and enable data
                                         analytics.

                                         TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                         Nymiz reaches where the regulatory
                                         impact is higher such as healthcare,
INVESTMENT STAGE                         banking, insurance, legal, Utilities and
Seed - Pre A Series                      Public Administration. They reach large
                                         accounts in different regions regarding
FOUNDERS                                 the regulation, language, market size
Oscar Villanueva, Manuel Díaz            and maturity with a focus on Spain and
                                         Europe, USA and Latam.
HEADQUARTERS
Bilbao, Spain

FOUNDED
2020

NO. OF EMPLOYEES
9

CONTACT DETAILS                          WEBSITE
Oscar Villanueva                         nymiz.com
oscar@nymiz.com

24
E-MOBILITY                                                                      INTERNET OF THINGS

                                    Epowerlabs                                                                           Clcircular
                                    Power Electronics Products for                                                       Affordable, Real-time Supply Chain
                                    Energy Transition                                                                    Monitoring

TECHNOLOGY                          DESCRIPTION                                 TECHNOLOGY                               DESCRIPTION
Clean Tech                          EPowerlabs helps its client use energy      Internet of Things, Big Data, Circular   CLCircular’s mission: bringing affordable
                                    more wisely. The company has power          Economy                                  real-time monitoring to every cargo,
BUSINESS FOCUS                      electronics product offering for electric                                            everywhere, in order to reduce losses,
Energy and Sustainability           mobility and green hydrogen generation.     BUSINESS FOCUS                           thanks to a circular economy model.
                                    The company design and sales products       Food tech, Industry 4.0, Health Tech
PROJECT WITH CORPORATE PARTNER      such as electric motor controllers,                                                  TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                    battery management systems and DC/          PROJECT WITH CORPORATE PARTNER           CLCircular has been designed to monitor
                                    DC converters. These products are more                                               location, temperature, humidity, door
                                    power dense and more efficient than                                                  openings and hits during the storage
INVESTMENT STAGE                    other market alternatives.                                                           and multimodal transport of every
Series A                                                                        INVESTMENT STAGE                         kind of product. Right now, the target
                                    TARGET AUDIENCE AND MOST RELEVANT CLIENTS   Seed - VC/Angel                          market is focused on reefer containers
FOUNDERS                            EPowerlabs is working with mobility                                                  transporting fresh fruits and vegetables.
Mikel Peral, Jon Duroudier, Mikel   OEMs & Tier 1s and Utility companies in     FOUNDERS                                 Main customers are large and recurrent
Martinez, Xavier Descarrega         the Energy sector. Their client portfolio   Iñigo Alonso Echevarría                  multinational corporates like Delmonte,
                                    ranges from Basque OEMs to Israeli                                                   Dole, Westfalia, Walmart México,
HEADQUARTERS                        or Indian Tier 1s. In the Energy sector,    HEADQUARTERS                             Axionlog (Arcos Dorados)...
Donostia-San Sebastián, Spain       they work with industry leaders such as     Mungia, Spain
                                    Repsol - Petronor.
FOUNDED                                                                         FOUNDED
2020                                                                            2019
                                                                                (Limited company incorporated in 2014)
NO. OF EMPLOYEES
15                                                                              NO. OF EMPLOYEES
                                                                                30

CONTACT DETAILS                     WEBSITE                                     CONTACT DETAILS                          WEBSITE
Mikel Peral                         epowerlabs.com                              Iñigo Alonso                             clcircular.com
mikel.peral@epowerlabs.com                                                      inigo.alonso@clcircular.com

26                                                                                                                                                                   27
INTERNET OF THINGS                                                                         INTERNET OF THINGS

                                               Donomotics                                                                           Faradaic Sensors
                                               Design & Install Home Automation and                                                 Miniaturizing Gas Sensors for Low-
                                               Building Automation Projects                                                         power and Low-cost IoT Applications

TECHNOLOGY                                     DESCRIPTION                                 TECHNOLOGY                               DESCRIPTION
Artificial Intelligence, Internet of Things,   Donomotics connects all the control         Internet of Things, Sensors              By miniaturizing electrochemical gas
Big Data                                       devices in the market in a unique system                                             sensors and making them extremely
                                               they call Home Automation 4.0. Home         BUSINESS FOCUS                           power efficient at a very low cost,
BUSINESS FOCUS                                 Automation 4.0 will allow users to          Intelligent Industry, Clean Energy &     FaradaIC addresses the requirements
Intelligent Industry, Clean Energy &           manage the control and use of each and      Sustainability, Health Tech, Food Tech   enabling gas sensing capabilities for both
Sustainability                                 every one of the control devices, to find                                            industrial and consumer IoT applications
                                               and anticipate different problems, such     PROJECTS WITH CORPORATE PARTNERS         in various areas such as power
PROJECT WITH CORPORATE PARTNER                 as efficiency within the building and                                                management, agriculture, healthcare
                                               propose solutions in real time.                                                      and others.

INVESTMENT STAGE                               TARGET AUDIENCE AND MOST RELEVANT CLIENTS   INVESTMENT STAGE                         TARGET AUDIENCE AND MOST RELEVANT CLIENTS
Seed - VC/Angel                                Their target clients are hotels and         Seed - Accelerator/Public Funding        IoT manufacturers seeking gas
                                               property developers that are going to                                                sensors; sensor system manufacturers;
FOUNDERS                                       invest in home automation technology in     FOUNDERS                                 manufacturers of industrial equipment
Pablo Viñolas Salustiano, Luis Viñolas         the next few years.                         Alexey Yakushenko, Ryan Guterman,        requiring gas sensors; manufacturers of
Salustiano                                                                                 Heinie von Michaelis                     PPE requiring gas sensors.

HEADQUARTERS                                                                               HEADQUARTERS
Donostia-San Sebastián, Spain                                                              Munich, Germany

FOUNDED                                                                                    FOUNDED
2020                                                                                       2021

NO. OF EMPLOYEES                                                                           NO. OF EMPLOYEES
2                                                                                          3

CONTACT DETAILS                                WEBSITE                                     CONTACT DETAILS                          WEBSITE
donomotics@donomotics.com                      donomotics.com                              Alexey Yakushenko                        faradaic.io
                                                                                           yakushenko@faradaic.io

28                                                                                                                                                                              29
INTERNET OF THINGS                                                                  INTERNET OF THINGS

                                       Nazca Ingeniería                                                                            Sentrisense
                                       Independent professional services in                                                        Digitizing the most Distributed
                                       SaaS Safety & Security                                                                      Infrastructure on Earth,
                                                                                                                                   the Power Lines

TECHNOLOGY                             DESCRIPTION                                  TECHNOLOGY                                     DESCRIPTION
Wireless Load Cell-based Sensors,      Nazca carries out high performance           Artificial Intelligence, Internet of Things,   Sentrisense is digitizing the most
Internet of Things, Smart Sensors,     integral development of wireless sensors     Big Data                                       geographically distributed human
Industry 4.0                           for special applications.                                                                   infrastructure on earth, the power
                                       · Parameters: Torque, bending, shear,        BUSINESS FOCUS                                 lines. They help detect problems in the
BUSINESS FOCUS                           axial load, acceleration, vibration.       Intelligent Industry, Clean Energy &           power lines even before these problems
Intelligent Industry, Clean Energy &   · Performances: micro sensors, wireless,     Sustainability                                 happen, such as fallen trees, ice,
Sustainability, Health Tech              sensors for operation in hostile                                                          corrosion, fallen power lines and towers.
                                         environments.                              PPROJECT WITH CORPORATE PARTNER                They do it by measuring the mechanical
PROJECT WITH CORPORATE PARTNER                                                                                                     movement of the lines.
                                       TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                       Nazca is not focused on one market,                                                         TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                       sensorization is a transversal technology.   INVESTMENT STAGE                               Sentrisense provides a suite of
INVESTMENT STAGE                       Markets and clients                          Seed                                           connected solutions for helping power
Series A                               · Industry 4.0 : Sensorised CNC tool                                                        transmission (TSO) and distribution
                                         holder ( CIE Automotive )                  FOUNDERS                                       (DSO) companies in three different
FOUNDERS                               · Motorsport : Real time torque and          Sebastian Cerone, Sebastian Garcia             dimensions:
José Antón and Octavio Campos            power meter (located in the sprocket       Marra, and Lucas Chiesa                        · Helping asset managers to perform
                                         carrier) for Honda SBK racing bike. The                                                     replacement of damaged and worn
HEADQUARTERS                             sensor has been teste in the test bench    HEADQUARTERS                                     out power lines based on objectively
Alcalá de Henares, Spain                 and in the circuit (Honda)                 Gdansk, Poland                                   measured conditions.
                                       · Cycling: Pedal power meter                                                                · Helping power lines maintenance
FOUNDED                                  (Confidential client)                      FOUNDED                                          teams to improve their Early fault
2019                                   · Cycling : Electronic wheel balancer        2019                                             detection (EFD) capabilities.
                                         (patent system)                                                                           · Helping power lines operators to drive
NO. OF EMPLOYEES                                                                    NO. OF EMPLOYEES                                 more energy through the grid with the
2                                                                                   9                                                same infrastructure.
                                                                                                                                   Among their customers, there are
                                                                                                                                   companies such as the largest power
                                                                                                                                   transmission company in Chile, Transelec.

CONTACT DETAILS                        WEBSITE                                      CONTACT DETAILS                                WEBSITE
José Antón                             nazcaingenieria.com                          Sebastian Cerone                               sentrisense.com
janton@nazcaingenieria.com                                                          sebastian@sentrisense.com

30                                                                                                                                                                             31
NANOTECHNOLOGY /                                                                         COLLABORATIVE
            NEW MATERIALS                                                                            ROBOTICS

                                            Cooling Photonics                                                                     Fuvex
                                            Cooling Without Energy Consumption                                                    Replacing Manned Helicopters
                                                                                                                                  for Long-range Drones

TECHNOLOGY                                  DESCRIPTION                                   TECHNOLOGY                              DESCRIPTION
Photonics                                   Cooling Photonics provides passive            Artificial Intelligence, Drones         Replacing crewed helicopters for
                                            cooling solutions that reduce energy                                                  long range drones in infrastructure
BUSINESS FOCUS                              consumption, with zero carbon                 BUSINESS FOCUS                          inspections with 94% less costs, no
Clean Energy & Sustainability               emissions, increasing systems                 Intelligent Industry                    emissions and no personal risks.
                                            performance whilst decreasing
PROJECT WITH CORPORATE PARTNER              operating costs. Their product, applied       PROJECT WITH CORPORATE PARTNER          TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                            on any surface hotter than the ambient,                                               Utility companies and power lines asset
                                            dissipates heat in the form of infrared                                               owners.
                                            radiation, reducing its temperature, even
INVESTMENT STAGE                            under direct sunlight.                        INVESTMENT STAGE
Seed - Accelerator/Public Funding                                                         Seed - VC/Angel
                                            Photovoltaic panels reduce their
FOUNDERS                                    efficiency by 0.4-0.5% for each degree        FOUNDERS
Juliana Jaramillo, Antonio Cuenca, Javier   above 25ºC. Cooling Photonics’                Carlos Castellano, Jesús Villadangos,
Achiaga                                     technology allows photovoltaic asset          Carlos Matilla
                                            managers and O&M to recover part of
HEADQUARTERS                                these efficiency losses and produce           HEADQUARTERS
Barcelona, Spain                            more electricity, extending the useful life   Tudela, Spain
                                            of the panels and reducing their decay.
FOUNDED                                                                                   FOUNDED
2020                                        TARGET AUDIENCE AND MOST RELEVANT CLIENTS     2015
                                            B2B2C business model.
NO. OF EMPLOYEES                            Early adopters Commercial & Industrial        NO. OF EMPLOYEES
4                                           and Utility-Scale plant owners and O&M        12
                                            providers.

CONTACT DETAILS                             WEBSITE                                       CONTACT DETAILS                         WEBSITE
Javier Achiaga                              coolingphotonics.com                          Carlos Matilla                          fuvex.com
javier@coolingphotonics.com                                                               c.matilla@fuvex.com

32                                                                                                                                                                            33
COLLABORATIVE                                                                VIRTUAL /
           ROBOTICS                                                                     AUGMENTED REALITY

                                 Steering Machines                                                                    Ipartic Consulting
                                 One Base, Infinite Mobile Robots                                                     Transforming Workforces into
                                                                                                                      Workers 4.0

TECHNOLOGY                       DESCRIPTION                                 TECHNOLOGY                               DESCRIPTION
Collaborative Robotics           Steering Machines has developed             Augmented/Mixed Reality                  Bexreal develops The Immersive
                                 MOBY, an autonomous robotic platform                                                 Digital Twin with AR/XR technologies
BUSINESS FOCUS                   (hardware and software) for industrial      BUSINESS FOCUS                           for Industrial, Construction and
Intelligent Industry             automation. It is conceived as a puzzle     Intelligent Industry, Construction,      Biotech companies to boost their
                                 that allows industry providers (robotic     Health                                   capabilities with Remote Assistance
PROJECT WITH CORPORATE PARTNER   developers, automation engineering,                                                  and Certification, XR Self-Training
                                 machinery manufacturers) to develop         PROJECT WITH CORPORATE PARTNER           Guides, Collaborative Digital Twin
                                 and integrate custom industrial robots in                                            Design, Holographic Positioning and
                                 a very easy way.                                                                     Teleportation.
INVESTMENT STAGE
Seed - VC/Angel                  TARGET AUDIENCE AND MOST RELEVANT CLIENTS   INVESTMENT STAGE                         TARGET AUDIENCE AND MOST RELEVANT CLIENTS
                                 Steering Machines’ customers are            Seed - Accelerator/Public Funding        Industry 4.0, Construction and Health.
FOUNDERS                         industrial technology providers such
Juanjo Canuto, Carles Domènech   as AMR manufacturers, automation            FOUNDERS
                                 engineering, OEM’s (Original Equipment      Javier Pérez de Eulate, United Kapital
HEADQUARTERS                     Manufacturers), and robotic developers      Partners
Barcelona, Spain                 and industrial companies that wants to
                                 automate processes in their facilities.     HEADQUARTERS
FOUNDED                          Depending on the customer type,             Parque Tecnológico de Bizkaia (Derio),
2018                             they provide MOBY with or without           Spain
                                 complementary accessories.
NO. OF EMPLOYEES                                                             FOUNDED
4                                                                            2019

                                                                             NO. OF EMPLOYEES
                                                                             4

CONTACT DETAILS                  WEBSITE                                     CONTACT DETAILS                          WEBSITE
Juanjo Canuto                    steeringmachines.com                        Javier Sordo                             bexreal.com
juanjo@steeringmachines.com                                                  javier.sordo@bexreal.com

34                                                                                                                                                                35
VIRTUAL /                                                                         VIRTUAL /
           AUGMENTED REALITY                                                                 AUGMENTED REALITY

                                     Oreka Interactive                                                                   Vivelab Ergo
                                     Creative & Functional Interactive                                                   Ergonomic Consulting Company
                                     Experiences

TECHNOLOGY                           DESCRIPTION                                  TECHNOLOGY                             DESCRIPTION
Virtual/Augmented Reality            Oreka Interactive combines XR                Manufacturing Ergonomics               ViveLab Ergo helps make workplace
                                     technologies, state-of-the-art graphics                                             optimization faster with accurate
BUSINESS FOCUS                       and absolute dedication to create            BUSINESS FOCUS                         measurement results. It is a great
Intelligent Industry, Health Tech,   the best interactive experiences.            Intelligent Industry, Clean Energy &   solution for manufacturing companies
Food Tech                            Their core has developed more than           Sustainability, Health Tech            who want to assess their employees’
                                     140 experiences over 17 years for                                                   movements with new, innovative
PROJECT WITH CORPORATE PARTNER       institutions, private companies and first-   PROJECTS WITH CORPORATE PARTNERS       ergonomics measurement technology to
                                     line advertising agencies.                                                          make their workplaces healthier.

                                     TARGET AUDIENCE AND MOST RELEVANT CLIENTS                                           TARGET AUDIENCE AND MOST RELEVANT CLIENTS
INVESTMENT STAGE                     Oreka Interactive provides functional        INVESTMENT STAGE                       This software can provide ergonomic
Seed - Accelerator/Public Funding    solutions for primary sectors. The team      Series A                               expertise mainly for engineers, EHS / HSE
                                     has developed more than 100 solutions                                               managers and consultants.
FOUNDERS                             for leading agencies and companies in        FOUNDERS
David Cuadrado, Imanol Erauskin      industries like Automotive, Healthcare,      Csaba Szeredy, László Ördögh, Miklós
                                     Retail and Advertising (L´Oreal, Toyota,     Márton
HEADQUARTERS                         Adidas, Ikusi, Ingeteam, Siemens, Bellota,
Donostia-San Sebastián, Spain        Ibermatica, Ethisalat, Kendu...)             HEADQUARTERS
                                                                                  Budapest, Hungary
FOUNDED
2014                                                                              FOUNDED
                                                                                  2017
NO. OF EMPLOYEES
12                                                                                NO. OF EMPLOYEES
                                                                                  4

CONTACT DETAILS                      WEBSITE                                      CONTACT DETAILS                        WEBSITE
Iban Lozano                          orekainteractive.com                         Csaba Szeredy (CEO)                    vivelab.cloud
iban.lozano@orekainteractive.com                                                  csaba.szeredy@vivelabergo.com

36                                                                                                                                                                   37
WASTE MANAGEMENT

                                     Recircular
                                     A Solution to Give Waste a Second Life

TECHNOLOGY                           DESCRIPTION
Artificial Intelligence, Big Data,   RECIRCULAR identifies innovative
Blockchain                           solutions for industrial waste streams
                                     and provides a digital platform that
BUSINESS FOCUS                       automates the waste valorisation
Clean Tech                           process, connecting wastes with
                                     potential consumers and providing
PROJECT WITH CORPORATE PARTNER       traceability and transparency.
                                     The system also calculates the
                                     environmental and social benefits
                                     generated with its methodology for
INVESTMENT STAGE                     impact measurement.
Seed - Accelerator/Public Funding
                                     TARGET AUDIENCE AND MOST RELEVANT CLIENTS
FOUNDER                              Manufacturing companies and waste
Patricia Astrain                     management companies. They work
                                     with all types of entities, from social
HEADQUARTERS                         foundations to SMEs and corporates,
Getxo, Spain                         providing circular opportunities to all.
                                     Some of their most relevant clients
FOUNDED                              are Lezama Demoliciones, Futurecard,
2017                                 Ecoembes, Sidenor, Mercedes-Benz and
                                     Johnson&Johnson.
NO. OF EMPLOYEES
4

CONTACT DETAILS                      WEBSITE
Patricia Astrain                     recircular.net
patricia.astrain@recircular.net

38
BIND 4.0 | 6TH EDITION CATALOGUE | 2022

About BIND 4.0
BIND 4.0 is a public-private initiative that promotes
the development of transformative Industry 4.0
projects by connecting groundbreaking Startups
worldwide with well-established companies based in
the Basque Country.

The BIND 4.0 Basque Open Innovation          The Corporate Venture Client approach      GOALS                                      MAIN OBJECTIVES:
Platform attracts innovative startups        means that participating startups will
with solutions applicable to the             have at least one paid Industry 4.0        BIND 4.0 aims to boost the digital         · Attract new emerging Industrial
Intelligent Industry, Clean Energy &         pilot project with a well-respected        transformation of the industry, drawing      activity
Sustainability, Health Tech and Food         company, in addition to award-winning      in startups with the most innovative
Tech sectors. Helping boost the growth       acceleration and support services. These   technologies that will boost innovation    · Offer support and routes to market
of tech startups through real projects       are some key benefits for startups         in the automotive, energy, telecom,          for technology startups
with reference customers, our win-win        participating in BIND 4.0:                 machine-tool, aeronautics, health, food
programs benefit startups and the                                                       & beverage, distribution and logistics,    · Strengthen the local entrepreneurial
corporate clients. Established corporate     POC, Market Validation with Reference      and railway sectors, which drive the         ecosystem by attracting & retaining
companies discover new technologies          Clients 45K€ Average Contract              Basque economy. The BIND 4.0 Open            talent in the region
and quickly test and develop                 Retain Ownership, No Equity Taken High     Innovation Program offers a mutually
groundbreaking solutions to enhance          Impact Mentoring & Training                beneficial collaboration: an opportunity   · Position the Basque Country as an
their digital transformation journey.        Immersion into Innovative Industrial       to promote the digital transformation        Industry 4.0 Leader
BIND 4.0 has made a positive impact          Ecosystem Access to Public and Private     of the established companies, and in
on the local business environment for        Funding                                    turn, increase the growth of technology    · Facilitate the development of
our unmatched startup acceleration                                                      startups through real projects with          innovative solutions in the Industrial
support, training and immersion                                                         reference customers.                         sector
in industry activities, in addition to
facilitating collaborative projects with a                                                                                         · Accelerate the digital transformation
Corporate Venture Client.                                                                                                            and innovation of Basque Companies

                                                                                                                                                                              41
BIND 4.0 | 6TH EDITION CATALOGUE | 2022

DEVELOPMENT AREAS:
TECH & SOLUTIONS

These are the main technologies the program is currently
focused upon developing: collaborative robotics, artificial
intelligence, indoor positioning, big data analytics,
blockchain, IoT / IIoT, machine learning, wearables,
drones, medical devices, cybersecurity, bio-based
solutions, cleantech, augmented or virtual reality, additive
manufacturing, digital twin, smart energy, new materials,
nanotechnology, and artificial or computer vision.

BIND 4.0 is seeking technology startups with products
or solutions with potential application in these four
sectors: Intelligent Industry, Clean Energy & Sustainability,
Health, and Food. Startups worldwide, completing the
configuration of their solutions or those already in the
market are welcome.

42
BIND 4.0 | 6TH EDITION CATALOGUE | 2022

BENEFITS                                                                                 Corporate Clients Benefits
                                                                                         Collaborating Corporate Clients            companies can seek individual
                                                                                         participating in BIND 4.0 have access      innovation projects or identify group
There are so many reasons to accelerate your company with the BIND 4.0 Platform,         to an agile Open Innovation Platform       challenges, whose solutions would
part of a larger public initiative promoting, attracting and investing in innovation     where they discover, meet, and             positively impact the industry as a
and emerging technologies. With over a century of Industrial activity and pioneering     contract the best startups under the       whole. What’s more, BIND 4.0 offers
technology, the Basque Country is home to some of the world’s most influential           Venture Client approach. Often large       training and workshops to help
manufacturing companies. Due to the public-private nature of this initiative, BIND 4.0   companies are aware of the digitization    bridge the gap between startups and
offers strong assurance in completing the goals set, by bringing together corporate      challenges they face but not necessarily   corporations by helping to establish a
companies and local government agencies, all part of an ecosystem committed to           the solutions. BIND 4.0 introduces them    collaborative framework for successful
R&D & Innovation.                                                                        to new technologies and innovation         collaborations.
                                                                                         to test and see what works for them.
                                                                                         Our platform allows corporations to be     The platform acts as a forum for Open
                                                                                         early adopters of the most innovative      Innovation & Corporate Venturing,
                                                                                         technologies developed by startups         by enabling learning from innovative
Startup Benefits                                                                         and to quickly incorporate competitive,    leaders within the local Industrial
                                                                                         state-of-the-art solutions into their      ecosystem. By connecting experts,
Thanks to the unique Venture-Client          benefit and in-turn acts as a reference     processes.                                 through networking, executive
approach, selected startups will have        client and in some cases providing                                                     education and industry events,
at least one paid Industry 4.0 project       proof of concept.                           The startup scouting and targeted          corporate clients are able to share their
with well-respected companies, in                                                        training performed to meet specific        venture client experiences and gather
addition to unmatched acceleration           In addition to the paid contracts to        goals and address any challenges           ideas, referrals and inspiration for their
and support services. Because we             test, fine tune and implement their         in their digital transformation and        own innovation strategies. In short, the
know the needs of over 65 Corporate          solutions, there are excellent support      path to innovation, are some of the        program is identifying and attracting
Clients, our Global Startup Network          services offered by the accelerator,        biggest benefits of BIND 4.0. The          talent from around the world and
has the opportunity to solve real            including access to financial support       Open Innovation Platform provides          empowering established companies
industry challenges. Thus, BIND 4.0          and investors in the BIND 4.0 Venture       an identification and analysis of the      to innovate through collaboration
is a catalyst for open innovation            Club. The executive education and           latest technologies and business           with startups to improve the
and mutually beneficial business             expert mentoring provided helps             solutions in the areas of most interest    competitiveness of companies based in
opportunities.                               Founders establish strategies for           to our Corporate Clients. Corporate        the Basque Country.
                                             success. Not to mention the numerous
With an average amount of €45,000,           networking activities that are carried
the Industry 4.0 pilot project is a paid     out with the participating companies,
contract with one or more industry           startups and the public to facilitate
leading companies and contracts have         the immersion of disruptive startups
been as high as €150,000. The venture-       in the Basque industrial ecosystem,
client invests in the startup by buying      one of the most vibrant and growing
the product or solution for a strategic      networks in Europe.

44                                                                                                                                                                          45
SERVICES

With our Acceleration Program we incorporate expert mentoring with the aim to
generate successful Startup-Corporate collaborations. We catalyze new business
through industry events, introductions to Industry Investors, and regular access to
the main companies investing in innovation. Our Open Innovation Platform connects
Startups with a real use project and an opportunity for market validation, product
development or internationalization, thanks to our expanding Basque Industry 4.0
Innovation Ecosystem.

Access to Clients
BIND 4.0 is a high impact accelerator,     affect the sector. Our Corporate Clients
turning leading Industry 4.0 companies     rely on us to find groundbreaking and
into venture clients, with paying          competitive startup solutions, to test and
contracts for the disruptive young         fine-tune innovative technologies. The
startups participating. We know the        Corporate Clients serve as a reference
needs of 65 key players in the Basque      customer for the startups, allowing them
Industry, our corporate venture clients,   to work in a real environment as they
who identify digital transformation        develop their projects and grow their
challenges or group challenges that        business with a paying customer.

Access to Financial Aid & Investment
BIND 4.0 is a `zero equity’ program, it    SPRI and the three Basque Provincial
does not require startups to allocate      Councils. The variable funding is offered
part of their business to participate.     in the form of grants and subsidies.
What’s more, the startups have access      Additionally, through the BIND 4.0
to economic aid for entrepreneurship,      Venture Club we provide access to
technology and business development        specialized financing and industry
offered by the Basque Government,          investors as desired.
BIND 4.0 | 6TH EDITION CATALOGUE | 2022

Mentoring
Ensuring success through excellent           scale-up, investor relations, access to
resources, the selected startups             finance, commercial skills, go-to-market
receive specialized support provided         strategy, and internationalization.
by mentors, entrepreneurs and                Startups are assigned a 1:1 Mentor to
professionals of global relevance.           advise them, if desired, and to guide
BIND 4.0 Mentors are experts in              startups as they navigate, collaborate
the areas of business development,           and communicate in corporate
technology, business modeling and            environments.

Networking
One of the most effective tools for          industrial, scientific and technological
emerging companies is networking             ecosystem, composed of small, medium
and attending sessions that allow            and large companies. Startups have the
one to build relationships with other        opportunity to meet with the business,
professionals and seek new business          cluster management organizations, hubs
opportunities. BIND 4.0 provides access      and technological representatives that
and direct contact with the entire Basque    are most interesting to them.

Training
To help accelerate startups, participants    business development and aspects
attend high-impact workshops designed        related to project financing and funding.
to develop key abilities, taught by world-   Executive education is also extended to
class professionals. Offering expert         our corporate partners to offer support
quality training for technical skills, go-   in carrying out successful Corporate-
to-market strategy, market positioning,      Startup collaborations.

Workspaces
Startups have different spaces               Innovation Centers. The workspaces are
available to develop their projects          provided without charge and locations
in the ecosystem of BIC Araba, BIC           are determined based on the needs
Bizkaia, BIC Bizkaia Ezkerraldea and         or preferences of each startup and
BIC Gipuzkoa, the local public Business      collaborating company.

48
International Projection & Visibility
Our platform offers emerging companies        Corporate Clients they worked with.
the greatest possible visibility and          Because the Demo Day event is attended
credibility acting as a launchpad for these   by the 65 Corporate Clients and our
companies. The BIND 4.0 Demo Day              20-member Venture Club in addition to
event provides the opportunity for all        local businesses and entrepreneurs, it is
participants to share their collaborative     effective in attracting additional clients
projects and solutions alongside the          and the attention of investors.

Internationally Acclaimed Platform
In 2020, BIND 4.0 was acknowledged            platforms driving innovation in industrial
by the European Commission with               ecosystems. BIND 4.0 is a benchmark
an EEPA award for Improving the               platform for open innovation, realizing
Business Environment. Additionally, the       disruptive Industry 4.0 projects, and
International consulting firm Gartner         growing the entrepreneurial ecosystem.
declared BIND 4.0 is one of the best

Technological Partners
We are proud of our Technological             to their technological support, these
Partners Microsoft, Siemens and               partners have provided professional
Amazon Web Services, providing                mentoring and industry visibility to the
participating startups with technology        projects developed within the BIND 4.0
solutions valued at €20,000. In addition      framework.

Venture Club
Thanks to our more than 20-member             made up of Europe’s leading venture
Venture Club, BIND 4.0 startups have the      capital firms that invest in early growth
opportunity to continue accelerating the      stage and B2B startups and specialize in
development of their companies even           Intelligent Industry, Energy, Health Tech
after the program. The Venture Club is        and Food Technologies.

                                                                                      51
BIND 4.0 | 6TH EDITION CATALOGUE | 2022

Who´s Behind
BIND 4.0?
BIND 4.0 is a public-private program, designed to
attract and promote innovation with support from
the local government and large, industry-leading
companies with operations in the Basque Country.

In its effort to boost digital transformation   greatest advantages is attracting global
and position the region as number               startups with the support of over 65
one on the international level for              well respected companies that act as
industrial activity, the program is free to     corporate venture clients, in addition to
participate and there is no equity taken        a supporting cast of business mentors,
from participating startups. One of our         investors and industry experts.
Basque Government and the SPRI Group
BIND 4.0 is a platform funded by           the SPRI agency is commissioned by
the Basque Government and the              the Basque Government to attract and
SPRI Group, a business development         facilitate foreign investments from its
agency where local companies find the      “Invest in the Basque Country” initiative,
tools with which to finance, launch,       helping to magnify the region as an
internationalize, locate industrial land   industrial and entrepreneurial hub.
and apply new technologies. In addition,

Corporate Venture Clients
BIND 4.0 has 65 Corporate Clients,         leading companies while getting the
made up of some of the world’s top         unique opportunity to collaborate and
companies leading the Industry 4.0         grow alongside them. The corporate
transformation, working in the fields      clients function as a customer, as well
of Intelligent Industry, Clean Energy &    as a resource for new technologies
Sustainability, Health Tech and Food       and networks, which the startup can
Tech. Participating startups develop       use to develop and strengthen its
a project for one or more of these         business tools.

Mentors
Startups are matched with a                which cover a wide variety of specialties
professional coach who guides and          including: business development,
advises them throughout each stage         technology, access to financing
of their acceleration. BIND 4.0 Mentors    and investors, sales and pitching
are highly experienced professionals       skills, go-to-market strategy and
and entrepreneurs of global relevance      internationalization.

                                                                                   55
Technological Partners
We are grateful for our Technological      to their technological support, these
Partners Microsoft, Siemens and            partners have provided professional
Amazon Web Services, providing             mentoring and industry visibility to the
participating startups with technology     projects developed within the BIND 4.0
solutions valued at €20,000. In addition   framework.

Venture Club
Thanks to our more than 20-member          made up of Europe’s leading venture
Venture Club, BIND 4.0 startups have the   capital firms that invest in early growth
opportunity to continue accelerating the   stage and B2B startups and specialize in
development of their companies even        the areas of Intelligent Industry, Energy,
after the program. The Venture Club is     Health Tech and Food Technologies.

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BIND 4.0 | 6TH EDITION CATALOGUE | 2022

160+ BIND 4.0 Startup Alumni                                                                                           STARTUPS                      EDITION   ORIGIN                          CORPORATE PARTNERS

These are the 163 emerging companies from all six editions that have been contracted
                                                                                                                       ARTIFICIAL VISION
by and have collaborated with leading industrial companies, executing more than 240
Startup-Corporate Industry 4.0 projects so far.                                                                        BitMetrics                       5      Barcelona, Spain                Tubos Reunidos
                                                                                                                       IKUSTEC                          4      Vitoria-Gasteiz, Spain          BTI Biotechnology Institute, Egile, Tubacex
                                                                                                                       NUAVIS                           4      Donostia-San Sebastián, Spain   Angulas Aguinaga, Fagor Ederlan Group
                                                                                                                       Grabit Retail                    5      Bilbao, Spain                   Elecnor

STARTUPS                                EDITION   ORIGIN                          CORPORATE PARTNERS                   I2U                              5      Donostia-San Sebastián, Spain   ArcelorMittal
                                                                                                                       Pervasive Technologies           5      Barcelona, Spain                Sarralle
                                                                                                                       Heptasense                       2      Lisbon, Portugal                Mercedes-Benz
ADDITIVE MANUFACTURING
                                                                                                                       Inovako                          4      Istanbul, Turkey                Maier, Tubacex
IDDO Technical Solutions                   3      Ordizia, Spain                  Mondragon BDC, Repsol-Petronor
                                                                                                                       Neurolabs                        4      London, United Kingdom          Grupo Uvesco
Mizar                                      2      Miñano, Spain                   Maier
Naotech Solutions                          2      Santander, Spain                Alcor                                AUGMENTED REALITY - VIRTUAL REALITY
Optimus 3D                                 2      Vitoria-Gasteiz, Spain          Aernnova, CAF                        3D CLICK                         4      Granollers, Spain               Natra
SamyLabs                                   3      Barakaldo, Spain                BTI Biotechnology Institute, Egile   BIHARTECH                        1      Vitoria-Gasteiz, Spain          CAF
Tumaker                                    3      Oiartzun, Spain                 CAF                                  CreativiTIC                      1      Logroño, Spain                  CAF, Michelin
AddiFab                                    4      Jyllinge, Denmark               BTI Biotechnology Institute          IMMERSIA Data Visualization      3      Donostia-San Sebastián, Spain   Sidenor
                                                                                                                       Innovae                          1      Donostia-San Sebastián, Spain   ABB, Danobat Group
ARTIFICIAL INTELLIGENCE
                                                                                                                       Ludus                            3      Bilbao, Spain                   Gestamp
Accexible                                  4      Bilbao, Spain                   Quirónsalud
                                                                                                                       Neosentec                        3      Llanera, Spain                  BATZ
Artificial Vision                          4      Madrid, Spain                   Iberdrola
                                                                                                                       NeuroDigital Technologies        4      Almería, Spain                  OBE Hettich
ADVANCED OPTICAL TECHNOLOGIES (AOTECH) 5          Bilbao, Spain                   Sidenor
                                                                                                                       OROI                             4      Donostia-San Sebastián, Spain   Mondragon BDC, Onkologikoa
Enerlogix Systems                          4      Irun, Spain                     Artadi, Alimentación
                                                                                                                       Solid Virtual                    2      Santurce, Spain                 Fagor Ederlan Group, Mercedes-Benz
AllRead Machine Learning Technologies      5      Barcelona, Spain                Artadi Alimentación
                                                                                                                       Tedcas                           2      Noain, Spain                    Aernnova, Alcor, ITP
Kevo Technologies                          4      Oiartzun, Spain                 Sidenor
Bleenco                                    4      Munich, Germany                 CAF, Unilever                        BIG DATA - ADVANCED ANALYTICS
TRAK HEALTH SOLUTIONS                      6      San Sebastian, Spain            Keralty                              APlanet                          5      Bilbao, Spain                   EDP España, Mondragon BDC
Erium                                      5      Garching bei München, Germany   Danobat Group                        Hupi                             1      Bidart, France                  Maier
Dattium                                    5      Sant Cugat del Vallés, Spain    Tubos Reunidos                       Bettergy                         3      Málaga, Spain                   Gestamp
Relimetrics                                4      Berlin, Germany                 Siemens Gamesa                       Bigda Solutions                  1      Vitoria-Gasteiz, Spain          Mercedes-Benz
Enerbrain                                  4      Turin, Italy                    Eroski, Mondragon BDC                D&A Innovative Systems           4      Bilbao, Spain                   Viuda de Sainz
Xnext                                      4      Milan, Italy                    Natra                                Data Value Management            4      Vitoria-Gasteiz, Spain          Artadi Alimentación, Unilever
SummarizeBot                               4      Riga, Latvia                    CAF, Unilever                        Dative Partners                  2      Madrid, Spain                   Euskaltel
Jungle AI                                  5      Lisbon, Portugal                Ingeteam                             Decidata                         1      Bilbao, Spain                   Euskaltel
Glucovibes                                 6      Donostia-San Sebastian, Spain   Uvesco                               FlyThing Technologies            3      La Coruña, Spain                Bridgestone
                                                                                                                       Graphext                         4      Madrid, Spain                   Unilever
ARTIFICIAL VISION
                                                                                                                       IntegraPdM                       4      Barcelona, Spain                Bridgestone, Siemens Gamesa
Deep Detection                             6      Barcelona, Spain                Angulas Aguinaga
                                                                                                                       IOMED Medical Solutions          3      Barcelona, Spain                IMQ Group
INGENIERIA Y CONTROL MERASYS, S.L.         6      Vigo, Spain                     Arteche
                                                                                                                       Karten Space                     2      Miñano, Spain                   Iberdrola
NABLA VISION                               6      Gavà, Spain                     Sarralle
                                                                                                                       LINQcase                         4      Donostia-San Sebastián, Spain   Danobat Group
Alteria Automation                         2      Madrid, Spain                   Mercedes-Benz
                                                                                                                       LIS Solutions                    2      Vitoria-Gasteiz, Spain          Elay
ASIMOB                                     5      Bilbao, Spain                   Elecnor
                                                                                                                       Mobile Lean                      4      Valladolid, Spain               Gestamp, Michelin
CIN Advanced Systems                       2      Arrasate-Mondragón, Spain       Gestamp, Mercedes-Benz, Sidenor
                                                                                                                       Naru Intelligence                3      Donostia-San Sebastián, Spain   Alcor

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