Through a loan from Crowdlending Bizkaia and a contribution from Fondo I,

Seed Capital Bizkaia has reinforced its commitment to developing the innovative business fabric through a new financing operation for RK Solutions, a technology company based in Gernika that has established itself as one of the leading providers of software solutions for SMEs and self-employed professionals across Spain.

A trajectory marked by growth and innovation

What began as a small computer store in Gernika has, in less than two decades, become a company in full national expansion. 

RK Solutions has experienced exponential growth in recent years, increasing from 5 to more than 80 professionals in just two years, a milestone that reflects the strength of its business model and the growing demand for accessible and efficient digital solutions for small businesses.

RK Solutions’ flagship product is La Manzana, a self-designed software that simplifies invoicing, time tracking, document management, and regulatory compliance. 

The operation formalised by Seed Capital Bizkaia has been financed through a Crowdlending Bizkaia credit and a contribution from Fondo I. This new financial boost will enable RK Solutions to:

• • Reinforce its growth structure.
• • Expand its presence by opening new offices.
• • Continue developing and improving its software.
• • Consolidate an expanding team across the different offices.

Crowdlending Bizkaia

Crowdlending Bizkaia is a new financial instrument promoted by Seed Capital Bizkaia to facilitate access to finance for innovative companies in the territory. Its goal is to complement traditional credit channels through a participatory loan model that combines public investment with citizen or business participation.

The operation with RK Solutions is the second transaction completed under this instrument, further consolidating its role as a key tool to boost the Bizkaia business ecosystem.

Fondo I Seed Capital Bizkaia

Fondo I is one of the investment vehicles managed by Seed Capital Bizkaia to support high-growth business projects. It aims to support innovative companies at the early stage or during expansion, providing capital and financial stability to accelerate their development.

La entrada Seed Capital Bizkaia closes the second Crowdlending Bizkaia operation  se publicó primero en Seed Capital Bizkaia.

This new economic boost will enable Barbara IoT to accelerate its international expansion, with a focus on Europe, the Middle East and the United States, and to consolidate its technology for the secure and scalable management of distributed assets across sectors such as energy, mobility, industry and telecommunications.

Barbara IoT develops a platform that facilitates the deployment of artificial intelligence and advanced applications directly at the edge of the network, ensuring security, resilience and regulatory compliance. This capability is particularly relevant in contexts where critical infrastructure requires solutions that combine on-premises processing, cyberthreat protection, and real-time operation.

This round will enable the scaling up of international projects and the strengthening of its presence in markets where the digitisation of networks and distributed assets is a priority.

A milestone for the Basque innovation ecosystem

This round reinforces Barbara IoT’s position as a key player in the secure digitisation of critical infrastructure and demonstrates once again the potential of innovative companies emerging in this region. The entry of global investors bolsters the company’s technological strategy, opening new opportunities for its expansion into additional markets. 

Fondo I by Seed Capital Bizkaia

Barbara IoT is part of Seed Capital Bizkaia’s Fondo I portfolio, a financing instrument aimed at promoting innovative and high-growth potential projects in their early stages. Through this fund, Seed Capital Bizkaia supports companies in their early stages, thereby facilitating their technological consolidation and access to new development opportunities. 

La entrada Bárbara IoT boosts its international expansion with a new funding round se publicó primero en Seed Capital Bizkaia.

Mikrobiomik marks a new milestone in its development with the European approval of EUTEGRA (MBK-01), the first gut microbiota-based biological therapy for the treatment of Clostridioides difficile infection (CDI). With this approval, Mikrobiomik becomes the first laboratory authorised in Spain to prepare and process faecal microbiota for this therapeutic indication.

A pioneering development in microbiota-based therapies

EUTEGRA (MBK‑01) is an oral capsule therapy developed using FSPIM ® (Full Spectrum Purified Intestinal Microbiota) technology, which includes the entire bacterial ecosystem of a validated healthy donor. It aims to restore the functional microbiota in patients with recurrent infections.

This treatment reduces CDI recurrences by more than 50% compared to the antibiotic standard, offering significant clinical and economic benefits to the health system.

A significant regulatory milestone in Europe

The authorisation has been processed through the Autonomous Coordination of Transplants of the Basque Country, with technical evaluation by the National Transplant Organisation (ONT) and the SoHO Innovation Evaluation Committee. This makes Mikrobiomik the first entity in Europe to successfully pass the new regulatory framework for substances of human origin.

Health impact and future outlook

CDI is the primary cause of antibiotic-associated diarrhoea in developed nations, with an incidence in Spain of 171 cases per 100,000 admissions and an estimated annual cost of 32.1 million euros to the National Health Service.

EUTEGRA (MBK‑01) introduces a new therapeutic category that can reduce recurrences, decrease antibiotic dependence and improve clinical outcomes in vulnerable patients.

Seed Capital Bizkaia’s commitment to biotechnological innovation

Seed Capital Bizkaia thus marks this milestone, emphasising the potential of Bizkaia’s entrepreneurial ecosystem to develop therapeutic solutions with a worldwide impact.

This approval, obtained by Mikrobiomik, also strengthens the Provincial Council of Bizkaia’s mission to support innovative projects that can transform key sectors and improve people’s quality of life.

La entrada Mikrobiomik celebrates the European approval of the first microbiota-based biological therapy developed se publicó primero en Seed Capital Bizkaia.

Uraren zikloari aplikatutako teknologiak

ZIUR Water Services uraren kudeaketa adimendunerako soluzio aurreratuen garapenean espezializatutako enpresa da, funtsezko eremua eredu jasangarriago eta eraginkorragoetarako trantsizioan. Bere jarduera teknologia digitalen bidezko uraren erabileraren monitorizazioan, analisian eta optimizazioan oinarritzen da, eta lantegien, udalerrien eta erakunde kudeatzaileen eraginkortasun operatiboa hobetzen laguntzen du. Enpresak ezagutza teknikoa, berrikuntza eta ingurumen inpakturako orientazio argia uztartzen ditu, eta eragile garrantzitsu gisa kokatzen da etorkizunerako estrategikoa den sektorean.

Errondaren arrakasta

Erronda azkar osatze horrek Ziurrek bultzatutako proiektuaren sendotasuna berresten du, baita inbertitzaileen artean sortzen duen konfiantza ere.

Bere proposamen teknologikoa, hazteko potentziala eta jasangarritasunari egiten dion ekarpena faktore erabakigarriak izan dira hain babes azkarra erakartzeko.

Kasu arrakastatsu berri honek Crowdfunding Bizkaiaren xedea indartzen du: tokiko kapitala lurraldeko proiektu sendoekin lotzea, Bizkaian ekonomian, gizartean eta ingurumenean eragina duten enpresen hazkundea bultzatuz.

Seed Capital Bizkaiak lanean jarraitzen du enpresa-sarea garatzen lagunduko duten inbertsio-aukeretarako sarbidea hedatzeko. Izan ere, Crowdfunding Bizkaia programatik, proiektu emergenteen eta lurraldearekin konprometitutako kapitalaren arteko lotura indartzen jarraitzeko xedez Crowdfunding Bizkaiaren plataforman laster argitaratuko diren eragiketa gehiago ari dira prestatzen. 

La entrada ZIUR Water Services concludes its funding round via Crowdfunding Bizka se publicó primero en Seed Capital Bizkaia.

The Deputy General of Bizkaia, Elixabete Etxanobe, has presented Crowdlending Bizkaia, the world’s first public service offering collective loans for companies that enables individuals and legal entities to jointly finance businesses in Bizkaia through 100% guaranteed loans. Elkargi is the main Reciprocal Guarantee Company that guarantees these loans and the strategic partner of the Provincial Council of Bizkaia in this pioneering initiative. Zenón Vázquez, CEO of Elkargi, accompanied the Deputy General at the press conference.

Crowdlending Bizkaia enables citizens to finance companies from Bizkaia that have been selected by the Provincial Council of Bizkaia through its company Seed Capital Bizkaia, from as little as 500 euros with no risk. It also provides the local business community with a new alternative to traditional banking for financing, supporting innovation, growth, environmentally responsible projects, social commitments, and strong governance models. Participants will receive quarterly interest linked to Euribor + 1.75%. With the current Euribor around 2%, the annual return is approximately 4%.

Elixabete Etxanobe, Deputy General of Bizkaia, stated that “Crowdlending Bizkaia is an initiative that allows something very simple but very important: to connect the savings of citizens with the business projects that are building the future of Bizkaia. It is a crowdfunding tool through loans that allows, on the one hand, our companies to innovate and grow. And, on the other hand, citizens can invest in real projects and obtain a profit. And it is not about investing in any project, but in projects that meet social, environmental, and governance commitment criteria.”

Zenón Vázquez, CEO of Elkargi, emphasised that “alternative financing is a key element to strengthen the competitiveness of our companies. It enables diversification of financing sources, greater flexibility, and the ability to tackle projects that, due to their structure or size, find it more difficult to finance through traditional banking. At Elkargi, we remain committed to promoting tools that add value and support the growth and strengthening of our SMEs in an increasingly demanding environment. Through public-private collaboration, we enhance capabilities, multiply the impact, and reinforce the growth of our SMEs.»

First active operations: Ziur Water Services and RK Solutions

Crowdlending Bizkaia has launched its first two financing operations. The first involves Ziur Water Services, which is seeking a round of €50,000. Ziur Water Services is a Bilbao-based company that develops technological solutions for the water cycle, with a particular emphasis on intelligent management systems, water efficiency, and advanced water treatment.

The second operation, led by RK Solutions, requires 200,000 euros. It is a technology company based in Gernika-Lumo that specialises in creating digital solutions to optimise business and industrial processes. The funding will strengthen its operations and support its growth in improving the operational efficiency of SMEs within the territory.

Both operations have been approved by the Provincial Council of Bizkaia through Seed Capital Bizkaia following a technical and financial analysis that evaluates solvency, viability, and compliance with the programme’s strategic and sustainability criteria.

Crowdlending Bizkaia: alternative financing

Crowdlending Bizkaia is an alternative financing tool that combines methods beyond traditional bank loans, such as venture capital or participatory financing, allowing companies to diversify their sources of financial resources.

In crowdlending, multiple individuals contribute capital via an online platform until each round reaches the designated amount (between 50,000 and 300,000 euros). This sum is then granted as a loan to a Bizkaia-based company, selected in advance by Seed Capital Bizkaia. Transactions are managed via Bizkaia Crowdfunding, a platform overseen by the CNMV (registered as a Participatory Financing Service Provider).

Legal certainty and complete guarantee

Elkargi, a Reciprocal Guarantee Company, fully guarantees the operations with the support of the Provincial Council of Bizkaia. This guarantees that both the principal borrowed and the interest are protected.

The general conditions of the instrument are:

• Minimum funding starting at €500
• Annual return: 3-month Euribor + 1.75%
• Payback period ranging from one to four years
• Quarterly principal and interest payments
• Active campaigns can take up to 45 days to achieve the goal.

The platform evaluates each funded individual in accordance with European regulations, considering their income, savings ability, training, and investment experience, and classifies them into two groups: experienced or inexperienced. Natural and legal persons with a basic profile can lend up to €3,000 per transaction, providing sufficient protection for those with less experience. Borrowers repay the principal along with interest on a quarterly basis as the company processes the loan repayments.

In the event of an early cancellation by the company, the lenders will receive all outstanding principal. The amount will be paid through a payment gateway; an online payment institution authorised by the Bank of Spain, through which the payments are made, the money is transferred or reinvested in another company proposed by the Provincial Council of Bizkaia.

Advantages for companies in Bizkaia

This service is available only to companies that have been based in Bizkaia for at least 2 years. Preference will be given to models that are innovative, environmentally responsible, socially engaged, and/or well-governed.

Crowdlending Bizkaia offers:

• Funding that complements traditional banking
• Amounts ranging from €50,000 to €300,000
• Publicising their innovative and sustainable commitment
• Institutional backing

Seed Capital Bizkaia selects companies that access the platform, ensuring they are solvent, viable, and strategically aligned.

Investor Training Programme

In the second phase, once the initial operations have been established, the Provincial Council of Bizkaia aims to organise targeted training to promote a culture of financing and investment among participants in its proposals, with the goal of building a community.

The objective is to support primarily individuals with financial capacity and an investment inclination, but who have a certain risk aversion, tailoring the content to the actual profile of the resulting community.

A consolidated public-private financial ecosystem

Crowdlending Bizkaia is part of the financial ecosystem managed by Seed Capital Bizkaia, which in 2025 completed 23 transactions totalling more than 4.5 million euros across its various funds. Two of these, the BI and BAF funds, recently received an additional 8 million euros from the Provincial Council of Bizkaia to further support Bizkaia’s business sector.

With this new service, Bizkaia once again leads institutionally, innovating to improve access to financing for its companies and direct private savings towards the region’s economic growth.

La entrada Crowdlending Bizkaia has been launched; a public system of collective financing for loans to pioneering companies worldwide se publicó primero en Seed Capital Bizkaia.

Nneat—a spin-off of the Versia group—founded a year ago, has gained attention in the sector after introducing an AI solution that enables companies and institutions to visualise their exposure to active threats in real time. This innovative approach is generating interest both within the state and across other European markets.

Its technology, based on continuous and automated analysis, addresses the rising demand for tools that can anticipate increasingly sophisticated cyberattacks.

The case of Nneat highlights the importance of the Basque ecosystem as a benchmark in critical technologies, particularly in fields like cybersecurity, where global demand is increasing rapidly.

Boosting the company’s global growth

This new round of funding secured by the company will allow Nneat to accelerate its growth and strengthen its team to tackle the challenges of international expansion. The company plans to speed up its development and growth in the United Kingdom and Germany.

Nneat’s progress confirms that startups within the environment possess strong value propositions, capable of attracting investment and competing in highly specialised sectors.

Seed Capital Bizkaia’s Fondo I 

Fondo I supports the development and growth of innovative business projects in their early stages. This fund aims to promote initiatives with a technological foundation and growth potential, thereby assisting their access to financing and support as they progress towards later phases of consolidation and expansion.

Seed Capital Bizkaia reaffirms its commitment to supporting innovative initiatives and fostering a favourable environment for new technology companies to develop, expand, and generate economic and social impact in the territory. The growth of companies such as Nneat helps to establish a more resilient and diverse business landscape focused on strategic sectors.

La entrada Nneat enters a new phase of growth se publicó primero en Seed Capital Bizkaia.

H2SITE, specialising in technologies that convert ammonia and other carriers into high-purity hydrogen, consolidates its presence in a key market for the decarbonisation of maritime transport through this international expansion milestone.

From its plant in Bizkaia, H2SITE has developed solutions to facilitate the use of hydrogen in industrial and heavy-duty mobility applications.

International expansion strategy

The project, to be developed in Bergen, Norway, will enable the validation of hydrogen production systems on board ships, in collaboration with local port and maritime agents. This initiative is part of the strong boost the Nordic country is giving to technologies linked to the energy transition, helping reduce emissions in maritime transport.

The international expansion of H2SITE reflects the evolution of a technology company born in Bizkaia, which, after completing its initial development phases, is now moving towards international projects.

Thus, with this new step in Norway, H2SITE strengthens its position in the hydrogen sector and continues to expand its activities to deploy sustainable energy solutions in strategic markets.

Seed Capital Bizkaia  I Fund

The I Fund supports the creation and development of innovative business projects in their early stages. This fund aims to promote technology-based initiatives with growth potential, facilitating their access to finance and support as they progress to later phases of consolidation and expansion.

La entrada H2SITE strengthens its international expansion through a new hydrogen production project in Norway se publicó primero en Seed Capital Bizkaia.

A new plant, new challenges

The Biscayan company has relocated its production to a new plant, a strategic move that will enable it to centralise the execution of large-scale projects for international markets in Bizkaia. This step reinforces its position in advanced manufacturing and applied engineering and responds to the need to take on more technically complex projects in sectors such as energy, oil & gas, and new applications in e-fuels and hydrogen.

The development of these new production capacities is underpinned by an investment programme to optimise industrial processes and strengthen key technical areas, including engineering, prefabrication and the assembly of large welded pipe systems. This will enable Coopenor to meet the market’s new challenges and demands effectively.

Coopenor’s activity in Trapagarán also has a direct impact on the creation of qualified industrial employment and on strengthening the local business ecosystem.

Seed Capital Bizkaia’s BI Fund

Seed Capital Bizkaia continues to support industrial initiatives that promote economic diversification, enhance the competitiveness of the productive fabric, and develop strategic sectors for Bizkaia’s future. In this context, Seed Capital Bizkaia’s BI Fund serves as a financing instrument for consolidated small and medium-sized businesses with a marked innovative character and clear potential for growth and job creation.

La entrada Coopenor boosts its industrial growth from Bizkaia se publicó primero en Seed Capital Bizkaia.

Since its foundation, Biolid has evolved into a company specialising in the design and manufacture of labels for various sectors, with a clear commitment to the agri-food segment, notably the wine sector, a market expanding rapidly both nationally and internationally.

In recent years, the company has strengthened its production capacity through an ambitious investment plan exceeding two million euros, aimed at incorporating state-of-the-art machinery, digitising processes and improving industrial efficiency. This strategy has enabled Biolid to enhance its competitiveness and differentiate itself in an increasingly demanding global market.

Seed Capital Bizkaia has supported Biolid’s growth, underpinning a solid business model with a long-term vision and strong territorial roots. The company operates from its facilities in Basauri, thereby creating quality industrial employment in Bizkaia.

Biolid continues to expand its presence in new markets and to strengthen its position as a leading supplier of high-quality labels, both nationally and internationally, with increasing exposure to the US market.

Innovation and engagement 

Biolid is an example of how an industrial company can grow sustainably by combining investment, innovation and a commitment to the environment. Its evolution reflects the type of business projects supported by Seed Capital Bizkaia: companies with strategic vision, technological capacity and a vocation to remain in Bizkaia.

On the occasion of its 30^th anniversary, Biolid enters a new phase of growth, backed by fresh investment and aiming to exceed 10 million euros in turnover in the short term, reaffirming its role as a key player in Bizkaia’s industrial fabric.

The Bi Fund and a commitment to technological innovation

The BI Fund of Seed Capital Bizkaia is a financing instrument that supports already consolidated small and medium-sized enterprises with a clear innovative character and potential for growth and job creation. The fund provides up to approximately 1 million euros, combining capital and loans, to support the development of these companies during their consolidation and expansion phases.

La entrada Biolid, 30 years of growth and industrial innovation se publicó primero en Seed Capital Bizkaia.

This operation is part of Seed Capital Bizkaia’s commitment to promoting projects with high socio-environmental impact, strong industrial traction, and a direct contribution to the transition to a low-carbon economy.

A transformative project for the circular economy in Bizkaia

Biocarbon CGT Basque Country S.L. was created as an alliance between EBAKI XXI, S.A., a leading wood-processing company in Bizkaia, and the Canadian Competitive Green Technologies Ltd., a global leader in biomaterials and owner of the most advanced technology in the sector.

The company will produce biocarbon-based biomaterials in Bizkaia, replacing fossil-based additives used in the plastics industry with renewable, lighter alternatives with a smaller carbon footprint.

The plant will be located at the EBAKI XXI facilities in Muxika, where a new generation of industrial activity will be deployed, based on biomass valorisation, technological innovation and the creation of skilled employment.

The project stands out for the following reasons:

• • It has a positive environmental impact by reducing the use of fossil additives.
• • It has a socio-economic impact in the region, generating technical employment and promoting new professional skills linked to biochar technology and green chemistry.
• • It strengthens industrial suppliers, technology centres and companies, driving transformation in Basque strategic sectors.

Seed Capital Bizkaia’s commitment to impact investing 

EFSI’s participation in this funding round reinforces Seed Capital Bizkaia’s mission to support projects that:

• • Provide technological innovation and a scalable business model.
• • Align economic profitability with social and environmental impact.
• • Generate sustainable industrial activity in Bizkaia and in future-oriented sectors.

With this operation, Seed Capital Bizkaia once again reaffirms its commitment to promoting projects that are not only economically viable but also deliver significant social and environmental returns, thereby strengthening a greener, more competitive, and future-oriented economy.

La entrada Seed Capital Bizkaia is promoting a new strategic circular economy and advanced biotechnology project through the EFSI Fund se publicó primero en Seed Capital Bizkaia.