Bullnet Capital

Bullnet Gestión, SGECR, S.A. is a venture capital firm established in 2001 and headquartered in Pozuelo de Alarcón, Spain. The firm specializes in early-stage to development capital financing, focusing on technology-oriented projects, particularly in software, hardware, and high-value added services. Bullnet typically invests between €1 million and €2.5 million in its portfolio companies, while remaining open to evaluating both smaller and larger investment opportunities. The firm aims to support companies that originate and are based in Spain and often co-invests in larger projects to enhance its portfolio.

Carmen Arenzana

Finance Director

Miguel del Cañizo

Partner

Jorge Fernández

Investment Associate

49 past transactions

Inspiration-Q

Venture Round in 2024
Inspiration-Q focuses on developing and commercializing software solutions inspired by quantum computing for financial applications.

MLCode

Seed Round in 2024
MLCode is a developer of an artificial intelligence-based data management platform focused on automating and securing data. The platform addresses significant deficiencies in data automation and security, enabling businesses to integrate AI into their operations while ensuring robust data protection. By prioritizing security, MLCode helps organizations navigate the complexities of data management in an increasingly digital landscape.

Mapsi Photonics

Seed Round in 2024
Mapsi Photonics focuses on developing macroporous silicon infrared filters for industrial applications like gas identification and thermal vision, aiming to improve performance, cost, resolution, operational range, and environmental footprint.

Fyla

Series B in 2023
FYLA Laser S.L., established in 2006 and headquartered in Valencia, Spain, specializes in the manufacture of advanced laser technologies. The company produces a range of fiber lasers, including white in-fiber lasers, soft pulse in-fiber lasers, cold pulse in-fiber lasers, and supercontinuum lasers, as well as ultrafast pulsed lasers and accessory modules. These products cater to various industries, with notable applications in materials processing, bio-imaging, and industrial metrology. FYLA aims to lead industry transformation by leveraging photonics to develop new sectors and applications, while focusing on quality and profitability for its clients. The organization emphasizes the importance of technology, skilled personnel, and core values in driving innovation and expanding its client base across life sciences, materials processing, and optical communications.

Wooptix

Series B in 2023
Wooptix S.L., founded in 2014 and headquartered in Madrid, Spain, specializes in advanced imaging technologies. The company develops light field and wavefront phase imaging software that captures comprehensive information about light, utilizing the full resolution of sensors. This innovative platform allows for three-dimensional modulation of images across various camera setups, producing volumetric images and videos with enhanced data points and high frame rates. By focusing on improving human interaction with the environment, Wooptix aims to redefine the way users perceive and engage with their surroundings, offering new possibilities for image quality and post-processing capabilities.

Deep Detection

Seed Round in 2023
Deep Detection manufactures multispectral x-ray cameras to detect just about anything you need to on high-speed continuous production lines. lightweight plastics, low density materials, non-homogeneous substrates, correct product checks, material identification, characterisation of attributes, composition, physical parameters, food quality, fruit, and cereals maturity, lean meat content, low calcified bones, high production speeds, deep bed inspection, imiscible compounds, fresh, frozen, solid, liquid, and composites assembly

Quside

Series A in 2023
Quside is a Barcelona-based startup that designs and manufactures innovative quantum components for any connected device. Using their proprietary quantum random number generation technology, they are enabling the next generation of encryption solutions.

MLCode

Pre Seed Round in 2023
MLCode is a developer of an artificial intelligence-based data management platform focused on automating and securing data. The platform addresses significant deficiencies in data automation and security, enabling businesses to integrate AI into their operations while ensuring robust data protection. By prioritizing security, MLCode helps organizations navigate the complexities of data management in an increasingly digital landscape.

Enthec Solutions

Venture Round in 2023
Enthec Solutions specializes in cybersecurity by providing a comprehensive platform for cyber risk assessment. The company focuses on detecting risks associated with cybersecurity and intellectual property theft. Its platform conducts extensive analysis across the internet, deep web, and dark web to gather information that may expose customers to cybersecurity threats, reputational damage, or competitive risks. By offering insights into potential vulnerabilities, Enthec Solutions enables businesses, organizations, and public entities to make informed decisions regarding their cybersecurity strategies. Additionally, the company provides products related to security monitoring and DevSecOps, further enhancing its offerings in the field of cybersecurity.

LeapWave

Seed Round in 2023
LeapWave Technologies is a deep tech company focused on transforming the radio frequency paradigm. It specializes in high-bandwidth interconnections, providing innovative solutions that extend beyond current technological capabilities. The company's offerings include applications in broadband interconnects and millimeter and sub-millimeter waves. By enabling customers to develop interconnections and probes, LeapWave aims to enhance the characterization and inspection of high-frequency electronic devices, ultimately driving advancements in the industry.

2EyesVision

Series A in 2023
2Eyes Vision S.L, founded in 2015 and based in Madrid, Spain, specializes in developing technology for visual diagnostics and corrections. The company has created SimVis, a proprietary visual simulation technology specifically designed for multifocal lens applications in presbyopia and cataract surgery. This technology allows patients to experience real-world vision prior to undergoing surgical procedures, addressing the challenge faced by surgeons in selecting the most suitable intraocular lenses from a vast array of options available in the market. The SimVis Gekko device, which has received FDA clearance and CE marking, is portable and user-friendly, enhancing patient satisfaction and assisting ophthalmologists in making informed decisions about lens selection. With over 2 billion people globally affected by presbyopia and cataracts, and an aging population contributing to increased surgical options, 2Eyes Vision aims to improve clinical practices and patient outcomes in the field of ophthalmology.

Quside

Series A in 2022
Quside is a Barcelona-based startup that designs and manufactures innovative quantum components for any connected device. Using their proprietary quantum random number generation technology, they are enabling the next generation of encryption solutions.

Fyla

Series A in 2022
FYLA Laser S.L., established in 2006 and headquartered in Valencia, Spain, specializes in the manufacture of advanced laser technologies. The company produces a range of fiber lasers, including white in-fiber lasers, soft pulse in-fiber lasers, cold pulse in-fiber lasers, and supercontinuum lasers, as well as ultrafast pulsed lasers and accessory modules. These products cater to various industries, with notable applications in materials processing, bio-imaging, and industrial metrology. FYLA aims to lead industry transformation by leveraging photonics to develop new sectors and applications, while focusing on quality and profitability for its clients. The organization emphasizes the importance of technology, skilled personnel, and core values in driving innovation and expanding its client base across life sciences, materials processing, and optical communications.

2EyesVision

Series A in 2022
2Eyes Vision S.L, founded in 2015 and based in Madrid, Spain, specializes in developing technology for visual diagnostics and corrections. The company has created SimVis, a proprietary visual simulation technology specifically designed for multifocal lens applications in presbyopia and cataract surgery. This technology allows patients to experience real-world vision prior to undergoing surgical procedures, addressing the challenge faced by surgeons in selecting the most suitable intraocular lenses from a vast array of options available in the market. The SimVis Gekko device, which has received FDA clearance and CE marking, is portable and user-friendly, enhancing patient satisfaction and assisting ophthalmologists in making informed decisions about lens selection. With over 2 billion people globally affected by presbyopia and cataracts, and an aging population contributing to increased surgical options, 2Eyes Vision aims to improve clinical practices and patient outcomes in the field of ophthalmology.

2EyesVision

Funding Round in 2022
2Eyes Vision S.L, founded in 2015 and based in Madrid, Spain, specializes in developing technology for visual diagnostics and corrections. The company has created SimVis, a proprietary visual simulation technology specifically designed for multifocal lens applications in presbyopia and cataract surgery. This technology allows patients to experience real-world vision prior to undergoing surgical procedures, addressing the challenge faced by surgeons in selecting the most suitable intraocular lenses from a vast array of options available in the market. The SimVis Gekko device, which has received FDA clearance and CE marking, is portable and user-friendly, enhancing patient satisfaction and assisting ophthalmologists in making informed decisions about lens selection. With over 2 billion people globally affected by presbyopia and cataracts, and an aging population contributing to increased surgical options, 2Eyes Vision aims to improve clinical practices and patient outcomes in the field of ophthalmology.

Bioherent

Venture Round in 2022
Bioherent specializes in the development of in vitro diagnostic systems aimed at detecting allergies to beta-lactam antibiotics. Utilizing integrated photonic sensors, the company focuses on creating sensitive and low-cost medical diagnostic technology. By providing innovative diagnostic tests for drug allergies, Bioherent aims to enhance the efficiency with which healthcare professionals diagnose and manage allergic diseases.

Bitsphi Diagnosis

Venture Round in 2022
Bitsphi is a developer of a cognitive model aimed at diagnosing attention deficit and hyperactivity disorders (ADHD). The company utilizes EEG-based technology to assess and analyze the neural activity of subjects as they perform cognitive tasks. This analysis results in comprehensive reports that assist medical professionals in diagnosing cognitive disorders. By leveraging advanced software, Bitsphi enhances the diagnostic process, providing valuable insights into patients' cognitive health.

Fyla

Funding Round in 2022
FYLA Laser S.L., established in 2006 and headquartered in Valencia, Spain, specializes in the manufacture of advanced laser technologies. The company produces a range of fiber lasers, including white in-fiber lasers, soft pulse in-fiber lasers, cold pulse in-fiber lasers, and supercontinuum lasers, as well as ultrafast pulsed lasers and accessory modules. These products cater to various industries, with notable applications in materials processing, bio-imaging, and industrial metrology. FYLA aims to lead industry transformation by leveraging photonics to develop new sectors and applications, while focusing on quality and profitability for its clients. The organization emphasizes the importance of technology, skilled personnel, and core values in driving innovation and expanding its client base across life sciences, materials processing, and optical communications.

Fyla

Funding Round in 2021
FYLA Laser S.L., established in 2006 and headquartered in Valencia, Spain, specializes in the manufacture of advanced laser technologies. The company produces a range of fiber lasers, including white in-fiber lasers, soft pulse in-fiber lasers, cold pulse in-fiber lasers, and supercontinuum lasers, as well as ultrafast pulsed lasers and accessory modules. These products cater to various industries, with notable applications in materials processing, bio-imaging, and industrial metrology. FYLA aims to lead industry transformation by leveraging photonics to develop new sectors and applications, while focusing on quality and profitability for its clients. The organization emphasizes the importance of technology, skilled personnel, and core values in driving innovation and expanding its client base across life sciences, materials processing, and optical communications.

Knowledge Development for Rugged Optical Communications

Venture Round in 2021
KDROC is a company that provides support to private, financial and technology based investors.

Bitsphi Diagnosis

Seed Round in 2021
Bitsphi is a developer of a cognitive model aimed at diagnosing attention deficit and hyperactivity disorders (ADHD). The company utilizes EEG-based technology to assess and analyze the neural activity of subjects as they perform cognitive tasks. This analysis results in comprehensive reports that assist medical professionals in diagnosing cognitive disorders. By leveraging advanced software, Bitsphi enhances the diagnostic process, providing valuable insights into patients' cognitive health.

Bioherent

Seed Round in 2021
Bioherent specializes in the development of in vitro diagnostic systems aimed at detecting allergies to beta-lactam antibiotics. Utilizing integrated photonic sensors, the company focuses on creating sensitive and low-cost medical diagnostic technology. By providing innovative diagnostic tests for drug allergies, Bioherent aims to enhance the efficiency with which healthcare professionals diagnose and manage allergic diseases.

KDPOF

Series C in 2021
KDPOF is a Madrid-based company specializing in high-capacity communication technology using Large Core Plastic Optical Fiber (POF). The company develops advanced systems that include digital integrated circuits designed for robust optical networking, particularly suited for harsh environments and long-reach communications. KDPOF's products are characterized by their inherent galvanic isolation, lightweight design, and cost-effectiveness. These features enable home and small office/home office (SOHO) networks, as well as clients in the automotive and industrial sectors, to achieve optical gigabit connectivity tailored to their specific needs. Through its innovative approach, KDPOF aims to enhance the efficiency and adaptability of POF communication technology, leveraging the latest advancements in digital communications and information theory.

2EyesVision

Venture Round in 2020
2Eyes Vision S.L, founded in 2015 and based in Madrid, Spain, specializes in developing technology for visual diagnostics and corrections. The company has created SimVis, a proprietary visual simulation technology specifically designed for multifocal lens applications in presbyopia and cataract surgery. This technology allows patients to experience real-world vision prior to undergoing surgical procedures, addressing the challenge faced by surgeons in selecting the most suitable intraocular lenses from a vast array of options available in the market. The SimVis Gekko device, which has received FDA clearance and CE marking, is portable and user-friendly, enhancing patient satisfaction and assisting ophthalmologists in making informed decisions about lens selection. With over 2 billion people globally affected by presbyopia and cataracts, and an aging population contributing to increased surgical options, 2Eyes Vision aims to improve clinical practices and patient outcomes in the field of ophthalmology.

ANYVERSE

Series A in 2020
ANYVERSE is a high-confidence synthetic datasets production technology intended for next-generation perception systems, raging from AV/ADAS to UAV and smart cameras. They aim to make the training and testing of autonomous systems cost-effective, faster, and more precise. ANYVERSE employs a proprietary render engine with photometric-accurate light simulation to produce a reliable output. Its software solutions give users full control over sensor specs, scenario dynamics, and variability.

ANYVERSE

Series A in 2020
ANYVERSE is a high-confidence synthetic datasets production technology intended for next-generation perception systems, raging from AV/ADAS to UAV and smart cameras. They aim to make the training and testing of autonomous systems cost-effective, faster, and more precise. ANYVERSE employs a proprietary render engine with photometric-accurate light simulation to produce a reliable output. Its software solutions give users full control over sensor specs, scenario dynamics, and variability.

LeanXcale

Venture Round in 2018
LeanXcale is a developer of an ultra-scalable operational database platform that combines the capabilities of a traditional operational database with those of a data warehouse. This converged SQL database provides full ACID transactional consistency and supports Hybrid Transaction/Analytical Processing (HTAP), allowing for real-time analytics and seamless access to operational and analytical data within a single system. LeanXcale's innovative approach to transactional processing enables businesses to achieve high scalability while ensuring data consistency across distributed environments. By integrating both operational and analytical information, LeanXcale enhances business flexibility and agility, making it easier for organizations to access critical insights without the time and resource burdens of traditional data management projects. This efficiency ultimately reduces the total cost of ownership for enterprises utilizing its platform.

Fyla

Funding Round in 2018
FYLA Laser S.L., established in 2006 and headquartered in Valencia, Spain, specializes in the manufacture of advanced laser technologies. The company produces a range of fiber lasers, including white in-fiber lasers, soft pulse in-fiber lasers, cold pulse in-fiber lasers, and supercontinuum lasers, as well as ultrafast pulsed lasers and accessory modules. These products cater to various industries, with notable applications in materials processing, bio-imaging, and industrial metrology. FYLA aims to lead industry transformation by leveraging photonics to develop new sectors and applications, while focusing on quality and profitability for its clients. The organization emphasizes the importance of technology, skilled personnel, and core values in driving innovation and expanding its client base across life sciences, materials processing, and optical communications.

2EyesVision

Venture Round in 2017
2Eyes Vision S.L, founded in 2015 and based in Madrid, Spain, specializes in developing technology for visual diagnostics and corrections. The company has created SimVis, a proprietary visual simulation technology specifically designed for multifocal lens applications in presbyopia and cataract surgery. This technology allows patients to experience real-world vision prior to undergoing surgical procedures, addressing the challenge faced by surgeons in selecting the most suitable intraocular lenses from a vast array of options available in the market. The SimVis Gekko device, which has received FDA clearance and CE marking, is portable and user-friendly, enhancing patient satisfaction and assisting ophthalmologists in making informed decisions about lens selection. With over 2 billion people globally affected by presbyopia and cataracts, and an aging population contributing to increased surgical options, 2Eyes Vision aims to improve clinical practices and patient outcomes in the field of ophthalmology.

LeanXcale

Venture Round in 2016
LeanXcale is a developer of an ultra-scalable operational database platform that combines the capabilities of a traditional operational database with those of a data warehouse. This converged SQL database provides full ACID transactional consistency and supports Hybrid Transaction/Analytical Processing (HTAP), allowing for real-time analytics and seamless access to operational and analytical data within a single system. LeanXcale's innovative approach to transactional processing enables businesses to achieve high scalability while ensuring data consistency across distributed environments. By integrating both operational and analytical information, LeanXcale enhances business flexibility and agility, making it easier for organizations to access critical insights without the time and resource burdens of traditional data management projects. This efficiency ultimately reduces the total cost of ownership for enterprises utilizing its platform.

Wooptix

Series A in 2016
Wooptix S.L., founded in 2014 and headquartered in Madrid, Spain, specializes in advanced imaging technologies. The company develops light field and wavefront phase imaging software that captures comprehensive information about light, utilizing the full resolution of sensors. This innovative platform allows for three-dimensional modulation of images across various camera setups, producing volumetric images and videos with enhanced data points and high frame rates. By focusing on improving human interaction with the environment, Wooptix aims to redefine the way users perceive and engage with their surroundings, offering new possibilities for image quality and post-processing capabilities.

KDPOF

Series B in 2014
KDPOF is a Madrid-based company specializing in high-capacity communication technology using Large Core Plastic Optical Fiber (POF). The company develops advanced systems that include digital integrated circuits designed for robust optical networking, particularly suited for harsh environments and long-reach communications. KDPOF's products are characterized by their inherent galvanic isolation, lightweight design, and cost-effectiveness. These features enable home and small office/home office (SOHO) networks, as well as clients in the automotive and industrial sectors, to achieve optical gigabit connectivity tailored to their specific needs. Through its innovative approach, KDPOF aims to enhance the efficiency and adaptability of POF communication technology, leveraging the latest advancements in digital communications and information theory.

Visure

Series B in 2014
Visure Solutions define Requirements Definition and Management as a global set of different activities where requirements specification and subsequent management thereof are not sufficient and other activities are required, such as requirements Capture, Analysis, Verification and Validation, without forgetting to carry out adequate change Configuration and Control Management, in addition to the traceability of the requirements to the rest of the project elements. Visure not only helps its clients to expedite the Requirements Definition and Management implementation process but also to use and manage it, through the use of different mechanisms and training, evaluation and specialized consulting activities.

OncoVision

Venture Round in 2012
Oncovision (GEM Imaging S.A.) is a Spanish technologic start-up company created in 2003 with the initiative of the Corpuscular Physics Institute (CSIC) and the University of Valencia. They work in Molecular Vision applied to Health Sciences focusing in: cancer diagnosis and treatment, and advanced research in neurology, oncology, and cardiology. They are a company focused on Molecular Vision, which creates, develops and markets new medical technologies, global innovations with relevant clinical and economic advantages, often representing a breakthrough in current standards of diagnosis and treatment. ONCOVISION´s original, fresh technology, strong intellectual property, top-level clinical evidence, leading global reference centers, and pioneering protocols, is supported by its dynamic cross-functional team. ONCOVISION is opening unprecedented options in the treatment of cancer and serious cardiac and neurological diseases. Their team and the company’s technologies have been recognized by Spanish and European prestigious institutions. In 2007, the company was selected as one of the “20 Best Technologic Companies in Spain” and won the “National Medical Physics 2007 Congress Award” In 2008, it was one of the “20 Best Health Technology Companies in Europe” by the prestigious European Technology Tour, as well as finalist in the “National 25th Aniversary Enisa Award” Prof. Jose María Benlloch, active member of the company, won in 2008, the well-known “Jaime I” award. Scientists, technicians, and technologists of ONCOVISION have dozens of publications and presentations at scientific and medical conferences worldwide. Their shareholding, based in Valencia, was strengthened in August 2006 by the Spanish venture capital firm Bullnet, unifying its proven track in technological and management capabilities with companies in Spain and Portugal. The company is managed by a multi-task professional team with international experience. With proven clinical and scientific results, differentiated technology with enormous potential for future technological and financial capacity, intellectual property and developing lines, ONCOVISION is today ahead in the Spanish and European Health Industry.

UAV Navigation

Venture Round in 2012
UAV Navigation is a privately-owned company focused on designing navigation and control solutions for unmanned aerial vehicles (UAVs). Established in 2004 and based in San Sebastián De Los Reyes, the company develops autopilot and flight control systems that enable the autonomous operation of various UAVs, including fixed-wing and rotary-wing models. Its technology employs advanced flight control algorithms and integrates data from multiple sensors such as GPS, airspeed indicators, magnetometers, gyroscopes, and accelerometers. UAV Navigation's flight control solutions are utilized by leading aerospace manufacturers across a diverse range of applications, from tactical unmanned aircraft to mini-UAVs and multi-copters. The company also applies its expertise to other sectors, including automotive telemetry and consumer electronics. With a multinational team of specialists in fields such as aerospace and microelectronics, UAV Navigation has established itself as a significant player in the UAV industry while maintaining ISO9001 certification and a global distributor network.

KDPOF

Venture Round in 2012
KDPOF is a Madrid-based company specializing in high-capacity communication technology using Large Core Plastic Optical Fiber (POF). The company develops advanced systems that include digital integrated circuits designed for robust optical networking, particularly suited for harsh environments and long-reach communications. KDPOF's products are characterized by their inherent galvanic isolation, lightweight design, and cost-effectiveness. These features enable home and small office/home office (SOHO) networks, as well as clients in the automotive and industrial sectors, to achieve optical gigabit connectivity tailored to their specific needs. Through its innovative approach, KDPOF aims to enhance the efficiency and adaptability of POF communication technology, leveraging the latest advancements in digital communications and information theory.

KDPOF

Venture Round in 2011
KDPOF is a Madrid-based company specializing in high-capacity communication technology using Large Core Plastic Optical Fiber (POF). The company develops advanced systems that include digital integrated circuits designed for robust optical networking, particularly suited for harsh environments and long-reach communications. KDPOF's products are characterized by their inherent galvanic isolation, lightweight design, and cost-effectiveness. These features enable home and small office/home office (SOHO) networks, as well as clients in the automotive and industrial sectors, to achieve optical gigabit connectivity tailored to their specific needs. Through its innovative approach, KDPOF aims to enhance the efficiency and adaptability of POF communication technology, leveraging the latest advancements in digital communications and information theory.

UAV Navigation

Venture Round in 2009
UAV Navigation is a privately-owned company focused on designing navigation and control solutions for unmanned aerial vehicles (UAVs). Established in 2004 and based in San Sebastián De Los Reyes, the company develops autopilot and flight control systems that enable the autonomous operation of various UAVs, including fixed-wing and rotary-wing models. Its technology employs advanced flight control algorithms and integrates data from multiple sensors such as GPS, airspeed indicators, magnetometers, gyroscopes, and accelerometers. UAV Navigation's flight control solutions are utilized by leading aerospace manufacturers across a diverse range of applications, from tactical unmanned aircraft to mini-UAVs and multi-copters. The company also applies its expertise to other sectors, including automotive telemetry and consumer electronics. With a multinational team of specialists in fields such as aerospace and microelectronics, UAV Navigation has established itself as a significant player in the UAV industry while maintaining ISO9001 certification and a global distributor network.

Códice Software

Venture Round in 2009
Codice Software is an engineering company focused on the design and development of software configuration management solutions. The company’s full-featured system tracks changes to source code and digital assets over time to improve the visibility and management of parallel development in teams. Codice Software was founded by Pablo Santos in 2005 and is based in France.

Zhilabs

Venture Round in 2008
Zhilabs is a technology company specializing in customer experience assurance software, particularly known for its product FlowSight. This innovative software helps operators optimize network performance for individual subscribers while enhancing operational efficiency. FlowSight's advanced technology enables the collection and correlation of vast amounts of data from packet data networks and various operational support systems, applying real-time analytics to respond effectively to network demands. By providing detailed insights into customer experiences and identifying issues related to over-the-top services, Zhilabs empowers clients to navigate the challenges posed by increasing data traffic. Founded in 2008 by a skilled team with experience in leading multinational companies and successful startups, Zhilabs has developed software solutions that are utilized by Tier-1 operators globally in mobile packet core and fixed broadband networks.

Multiwave Photonics

Series B in 2008
Multiwave Photonics specializes in the manufacture of pulsed fiber lasers designed for materials processing and environmental monitoring applications. In addition to these lasers, the company develops various fiber-optic light sources tailored for both commercial and scientific uses. Multiwave also provides product design, development, and engineering services, focusing on creating cost-effective and reliable solutions that address specific customer needs.

Digital Legends

Venture Round in 2008
Digital Legends delivers gaming experiences to smart phones, tablets and connected TVs across all operating systems.

Visure

Series A in 2007
Visure Solutions define Requirements Definition and Management as a global set of different activities where requirements specification and subsequent management thereof are not sufficient and other activities are required, such as requirements Capture, Analysis, Verification and Validation, without forgetting to carry out adequate change Configuration and Control Management, in addition to the traceability of the requirements to the rest of the project elements. Visure not only helps its clients to expedite the Requirements Definition and Management implementation process but also to use and manage it, through the use of different mechanisms and training, evaluation and specialized consulting activities.

OncoVision

Venture Round in 2006
Oncovision (GEM Imaging S.A.) is a Spanish technologic start-up company created in 2003 with the initiative of the Corpuscular Physics Institute (CSIC) and the University of Valencia. They work in Molecular Vision applied to Health Sciences focusing in: cancer diagnosis and treatment, and advanced research in neurology, oncology, and cardiology. They are a company focused on Molecular Vision, which creates, develops and markets new medical technologies, global innovations with relevant clinical and economic advantages, often representing a breakthrough in current standards of diagnosis and treatment. ONCOVISION´s original, fresh technology, strong intellectual property, top-level clinical evidence, leading global reference centers, and pioneering protocols, is supported by its dynamic cross-functional team. ONCOVISION is opening unprecedented options in the treatment of cancer and serious cardiac and neurological diseases. Their team and the company’s technologies have been recognized by Spanish and European prestigious institutions. In 2007, the company was selected as one of the “20 Best Technologic Companies in Spain” and won the “National Medical Physics 2007 Congress Award” In 2008, it was one of the “20 Best Health Technology Companies in Europe” by the prestigious European Technology Tour, as well as finalist in the “National 25th Aniversary Enisa Award” Prof. Jose María Benlloch, active member of the company, won in 2008, the well-known “Jaime I” award. Scientists, technicians, and technologists of ONCOVISION have dozens of publications and presentations at scientific and medical conferences worldwide. Their shareholding, based in Valencia, was strengthened in August 2006 by the Spanish venture capital firm Bullnet, unifying its proven track in technological and management capabilities with companies in Spain and Portugal. The company is managed by a multi-task professional team with international experience. With proven clinical and scientific results, differentiated technology with enormous potential for future technological and financial capacity, intellectual property and developing lines, ONCOVISION is today ahead in the Spanish and European Health Industry.

AnaFocus

Venture Round in 2003
AnaFocus specializes in the design and production of custom high-speed, high-performance CMOS camera systems-on-chip (camera SoC) and vision systems-on-chip (VSoC) tailored for industrial, surveillance, scientific, and medical applications. The company employs a team of over forty engineers and Ph.D. experts skilled in image sensor and SoC design, as well as various aspects of vision technology, including hardware and software camera design, optics, illumination, signal processing, and vision algorithms. AnaFocus is dedicated to innovation and technical excellence, consistently pushing the boundaries of technology. Over the past 18 months, the company has filed more than ten patent applications in collaboration with customers. With a strong focus on market needs and customer satisfaction, AnaFocus has developed over 15 different sensor chips, cameras, and smart cameras in the last six years, supplying products to leading companies in the machine vision, surveillance, and scientific camera sectors. Despite its relatively low profile, AnaFocus's camera SoC and VSoC are integral to cutting-edge products in these markets.

Arvirago

Venture Round in 2003
Developer of "The Lord of the Creatures", an advanced videogame with an innovative game concept.

Netspira Networks

Venture Round in 2002
Netspira Networks develops software tools and applications for the management of added-value services in the data networks of mobile telephone operators. Founded in 2001, it is based in Madrid, Spain.
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