ICF Capital

AtG Therapeutics is a Barcelona-based biotechnology company spun off from IDIBELL and ICO. It focuses on developing innovative drugs and biomarkers to prevent cancer therapeutic resistance, aiming to enhance the lives of cancer patients.

Incapto Coffee, based in Barcelona, Spain, manufactures innovative coffee-making machines that utilize ground coffee instead of traditional capsules, significantly reducing waste and lowering the cost per cup. Founded in 2020, the company provides a complete coffee experience through the sale of its automatic coffee machines and a subscription service for high-quality coffee beans. This approach not only promotes sustainability but also caters to coffee enthusiasts seeking convenience and quality in their brewing process.

Brickbro is a peer-to-peer real estate platform that connects owners of commercial properties with buyers, tenants, and investors, enabling end-to-end online transactions. The platform uses a proprietary algorithm to generate instant offers for a range of commercial assets, including premises, offices, warehouses, and logistics centers, simplifying and speeding the sale or leasing process. Brickbro also identifies distressed commercial assets and analyzes potential future uses to maximize value, matching owners seeking liquidity or optimization with individuals seeking opportunities. The company positions itself as a leading real estate transactional platform in Spain, offering a simple, efficient, and transparent experience for all parties.

Cooltra is a European provider of sustainable mobility solutions on two wheels. Founded in Barcelona about 15 years ago, the company operates in six European countries and employs roughly 400 people. It manages a fleet of more than 16,000 vehicles, with about 64% electric scooters, enabling a low-emission footprint. Cooltra offers scooter and e-bike sharing by the minute and rental services for individuals, companies, and public administrations, covering durations from minutes to months. It also provides business mobility options such as employee sharing programs, credit sales, and specialized police fleets.

Quside is a Barcelona-based startup specializing in the design and manufacture of innovative quantum components tailored for the hyper-connected society. The company focuses on quantum random number generation technology, which is pivotal for enhancing encryption solutions and securing data across various connected devices. Quside's components utilize standard telecommunication elements, including lasers and detectors, to produce quantum random numbers at gigabit per second rates. These components are developed using photonic integrated technologies, allowing for seamless integration into existing systems. By providing high-security solutions, Quside aims to address the growing need for robust data protection in an increasingly interconnected world.

AllRead Machine Learning Technologies SL is a Barcelona-based company founded in 2019 that specializes in intelligent reading solutions for supply chains. The company develops AllRead Software, a proprietary computer vision solution designed to automate operational processes by accurately reading various types of information, including serial numbers, damaged barcodes, ID codes, sensor readings, and expiration dates. This software leverages advanced deep learning techniques, specifically a Convolutional Neural Network (CNN) architecture, to deliver readings without traditional text localization or segmentation. AllRead's technology is notable for its ability to outperform conventional Optical Character Recognition (OCR) systems, especially in challenging scenarios. The software is offered through both Software as a Service (SaaS) and enterprise models, providing a lightweight and efficient implementation that minimizes hardware requirements and reduces the need for manual intervention, thereby enhancing return on investment in logistics operations.

Nuclio Digital School is the business school of Nuclio Venture Builder, a Barcelona-based startup incubator led by Carlos Blanco. The institution aims to create and renew professional profiles aligned with real industry needs, ensuring students are productive from the first day in a company. It covers the pillars of the Digital Economy, guiding learners from programming foundations to business enabled by technology, entrepreneurship, and new business models. The school offers transversal training that takes students from beginner to expert in programming, blockchain, big data, digital marketing, and business innovation, supporting reskilling, professional reorientation, and the ability to lead digital transformation in organizations. By combining technical and business education, Nuclio Digital School prepares graduates to contribute effectively in technology-driven environments.

Lodgify is an all-in-one software-as-a-service platform for vacation rental owners and property managers to manage and market their accommodation businesses. It provides a rental marketing solution that enables users to build a mobile-friendly website with a Book Now function, manage reservations and availability, and synchronize property information across multiple external vacation rental portals. The platform aims to help owners and managers grow their businesses by offering accessible, affordable technology that combines website building, booking management, and external listing distribution. Founded in 2012 and based in Barcelona, Spain.

Tecfys operates a rental marketplace for electronics and household appliances. It offers subscription-based access to these items, allowing customers to avoid upfront costs and try out different products without long-term commitments.

Brickbro is a peer-to-peer real estate platform that connects owners of commercial properties with buyers, tenants, and investors, enabling end-to-end online transactions. The platform uses a proprietary algorithm to generate instant offers for a range of commercial assets, including premises, offices, warehouses, and logistics centers, simplifying and speeding the sale or leasing process. Brickbro also identifies distressed commercial assets and analyzes potential future uses to maximize value, matching owners seeking liquidity or optimization with individuals seeking opportunities. The company positions itself as a leading real estate transactional platform in Spain, offering a simple, efficient, and transparent experience for all parties.

Incapto Coffee, based in Barcelona, Spain, manufactures innovative coffee-making machines that utilize ground coffee instead of traditional capsules, significantly reducing waste and lowering the cost per cup. Founded in 2020, the company provides a complete coffee experience through the sale of its automatic coffee machines and a subscription service for high-quality coffee beans. This approach not only promotes sustainability but also caters to coffee enthusiasts seeking convenience and quality in their brewing process.

Nuclio Digital School is the business school of Nuclio Venture Builder, a Barcelona-based startup incubator led by Carlos Blanco. The institution aims to create and renew professional profiles aligned with real industry needs, ensuring students are productive from the first day in a company. It covers the pillars of the Digital Economy, guiding learners from programming foundations to business enabled by technology, entrepreneurship, and new business models. The school offers transversal training that takes students from beginner to expert in programming, blockchain, big data, digital marketing, and business innovation, supporting reskilling, professional reorientation, and the ability to lead digital transformation in organizations. By combining technical and business education, Nuclio Digital School prepares graduates to contribute effectively in technology-driven environments.

Cosmeceuticals Concept S.L, established in 2017 and headquartered in Barcelona, Spain, specializes in the development, manufacturing, and sale of cosmetics and skincare products. The company's product range includes skin care creams, lotions, serums, face masks, and cleansing foams, catering to various skin concerns such as anti-aging and moisturizing. Cosmeceuticals Concept distributes its offerings through pharmacies and an online platform, ensuring accessibility for consumers. Additionally, the company markets its products under the brand Segle Clinical, which encompasses a wide array of personal care items, including eye contour treatments, exfoliants, and solar products. Through its diverse portfolio, Cosmeceuticals Concept aims to address the skincare needs of its customers while maintaining a commitment to quality and innovation.

Inbrain Neuroelectronics is a medical device company that designs and commercializes graphene-based neural interfaces and intelligent neuromodulation systems to treat brain disorders. The core platform is an implantable system that decodes brain activity with high resolution and provides focal, adaptive stimulation, enabling real-time precision neurology and autonomous therapy adjustments. This approach aims to maximize therapeutic outcomes while minimizing side effects for conditions such as Parkinson’s disease, epilepsy, and stroke rehabilitation. The company pursues strategic collaborations to extend its solutions to peripheral nerve and systemic disease applications, expanding the potential of neurotechnology and bioelectronics.

Inbiomotion is a biotechnology company founded in 2010 by Dr. Roger Gomis, originating as a spin-off from IRB Barcelona and ICREA research institutions. The company specializes in developing and commercializing a biomarker that predicts metastasis in early-stage breast cancer patients. Its unique diagnostic assay leverages a highly selective single-gene biomarker, which has been shown to identify patients who may benefit from bisphosphonate adjuvant treatment, subsequently improving their overall survival and invasive disease-free survival rates. By utilizing this biomarker, Inbiomotion aims to evaluate the risk of metastases relapse from primary tumors, thereby facilitating a more personalized approach to treatment and advancing the clinical standard of care for breast cancer patients.

Paymefy is a Barcelona-based company founded in 2019 that specializes in providing AI-driven solutions for debt collection. The company's digital software leverages machine learning to optimize workflows, enabling businesses to communicate effectively with clients regarding overdue invoices. By notifying customers through appropriate channels and delivering tailored messages at optimal times, Paymefy enhances the efficiency and success rate of debt recovery while reducing costs. This innovative approach aims to simplify the payment process for pending invoices, ultimately helping clients recover more funds in a timely manner.

Semillas Batlle is a Spanish seed and agricultural products company based in Molins de Rei, with an additional production site in Bell-lloc d'Urgell. Founded in 1802, it develops and manufactures seeds and related inputs for agribusinesses, covering cereals, grain legumes, forages, oilseeds, and a wide range of crops. Its product line includes seeds, fertilizers, substrates, and phytosanitary products, enabling farmers to buy seeds and inputs to grow quality crops. The company engages in research and development, the acquisition of new varieties, plant conservation, and the production, selection, and marketing of seeds for crops such as cereals, forages, alfalfa, corn, vetches, sunflowers, and more.

Kriim Natural Cosmetics SL is a Barcelona-based company that specializes in the design and production of organic personal care products. Established in 2017, Kriim offers a diverse range of items through its online store, including skincare essentials such as cleansers, scrubs, tonics, serums, and creams. Additionally, the company provides capillary and bodily packs, shampoos, and makeup accessories, catering to various cosmetic needs. Kriim Natural Cosmetics focuses on delivering high-quality organic products to promote natural beauty and wellness.

Carnovo is a Barcelona-based startup revolutionizing automotive purchasing. It streamlines the process for both dealers and buyers by offering transparent, convenient comparisons based on location, price, availability, and dealer ratings. This enables users to acquire vehicles at competitive prices without negotiations.

Inbrain Neuroelectronics is a medical device company that designs and commercializes graphene-based neural interfaces and intelligent neuromodulation systems to treat brain disorders. The core platform is an implantable system that decodes brain activity with high resolution and provides focal, adaptive stimulation, enabling real-time precision neurology and autonomous therapy adjustments. This approach aims to maximize therapeutic outcomes while minimizing side effects for conditions such as Parkinson’s disease, epilepsy, and stroke rehabilitation. The company pursues strategic collaborations to extend its solutions to peripheral nerve and systemic disease applications, expanding the potential of neurotechnology and bioelectronics.

GoodGut SL, established in 2014 and located in Girona, Spain, specializes in developing innovative products and analysis systems aimed at diagnosing and treating digestive diseases. The company focuses on enhancing digestive health by creating tools for the pre-diagnosis of conditions such as early-stage colorectal cancer, irritable bowel syndrome, and other intestinal diseases, thereby reducing the need for invasive procedures like colonoscopy. Additionally, GoodGut is committed to environmental sustainability by managing waste collection and inventory intelligently, which minimizes unnecessary consumption and product expiration, ensuring an efficient approach to healthcare and resource management.

Cosmeceuticals Concept S.L, established in 2017 and headquartered in Barcelona, Spain, specializes in the development, manufacturing, and sale of cosmetics and skincare products. The company's product range includes skin care creams, lotions, serums, face masks, and cleansing foams, catering to various skin concerns such as anti-aging and moisturizing. Cosmeceuticals Concept distributes its offerings through pharmacies and an online platform, ensuring accessibility for consumers. Additionally, the company markets its products under the brand Segle Clinical, which encompasses a wide array of personal care items, including eye contour treatments, exfoliants, and solar products. Through its diverse portfolio, Cosmeceuticals Concept aims to address the skincare needs of its customers while maintaining a commitment to quality and innovation.

Vytrus Biotech SL is a biotechnology company based in Barcelona, Spain, that specializes in the development, production, and commercialization of active ingredients derived from plant stem cells. Founded in 2009 as a spin-off from the University of Barcelona, the company leverages over 30 years of research in plant biotechnology to create high-value natural active ingredients primarily for the cosmetics and pharmaceutical industries. Its product offerings include a range of cosmetic solutions such as cell factor-rich plasma and phyto-peptidic fractions, as well as dermatologic and customized products. In 2016, the company changed its name from Phyture Biotech SL to Vytrus Biotech SL, reflecting its focus on innovative, plant-based active ingredients.

Worldcoo is a Barcelona-based company dedicated to funding NGO solidarity projects via omnichannel committed companies. It facilitates 'Charity Rounding Up', allowing establishments to offer customers the option to round up their transaction amount and donate the difference to social causes. Worldcoo, part of the B Corp movement, aims to foster innovation, transparency, and positive impact on society.

Aizon is an AI software provider that specializes in optimizing manufacturing operations within highly regulated industries such as biotech and pharmaceuticals. Based in San Francisco with an additional office in Barcelona, the company offers a Software-as-a-Service platform that integrates various data sources to provide actionable insights across all manufacturing sites. Aizon's platform supports batch process optimization, anomaly detection, root cause analysis, and asset performance management, among other features. The company was founded in 2013 and formerly operated under the name bigfinite Inc., changing its name to Aizon in October 2020.

Nuclio Digital School is the business school of Nuclio Venture Builder, a Barcelona-based startup incubator led by Carlos Blanco. The institution aims to create and renew professional profiles aligned with real industry needs, ensuring students are productive from the first day in a company. It covers the pillars of the Digital Economy, guiding learners from programming foundations to business enabled by technology, entrepreneurship, and new business models. The school offers transversal training that takes students from beginner to expert in programming, blockchain, big data, digital marketing, and business innovation, supporting reskilling, professional reorientation, and the ability to lead digital transformation in organizations. By combining technical and business education, Nuclio Digital School prepares graduates to contribute effectively in technology-driven environments.

Enertika is a prominent consulting firm in Spain specializing in energy efficiency solutions. The company focuses on developing projects aimed at reducing energy consumption, utilizing an Energy Service Company (ESCo) business model that allows investments to be repaid through the savings generated. Enertika provides a range of services that optimize energy costs, including technology for lighting, climate control, industrial processes, and distributed energy generation. By prioritizing clean energy delivery at competitive prices, Enertika helps consumers achieve greater sustainability and lower energy expenses.

Vytrus Biotech SL is a biotechnology company based in Barcelona, Spain, that specializes in the development, production, and commercialization of active ingredients derived from plant stem cells. Founded in 2009 as a spin-off from the University of Barcelona, the company leverages over 30 years of research in plant biotechnology to create high-value natural active ingredients primarily for the cosmetics and pharmaceutical industries. Its product offerings include a range of cosmetic solutions such as cell factor-rich plasma and phyto-peptidic fractions, as well as dermatologic and customized products. In 2016, the company changed its name from Phyture Biotech SL to Vytrus Biotech SL, reflecting its focus on innovative, plant-based active ingredients.

VozTelecom is a Spain-based developer of cloud-based communications software that enables voice over Internet Protocol services and business telephony. The company offers a platform that combines virtual switchboards, IP telephony, videoconferencing, CRM integrations, and hybrid storage to help small and medium-sized enterprises streamline their communications, improve operational efficiency, and reduce costs. Its product suite includes hosted and LAN-based VoIP services and hosted web-conferencing, including miVoz.net, intraVoz.net, extraVoz.net, vozConference.net, and wifiVoz.net, enabling access from wireless terminals. Founded in 2003 and headquartered in Cerdanyola, Spain, VozTelecom maintains partnerships with technology and telecommunications providers to support its platform and services.

Mind the Byte is a bioinformatics company focused on computational drug discovery through the use of big data, artificial intelligence, and machine learning. Founded in 2011 by Alfons Nonell-Canals, the company is based in the Barcelona Science Park and the Copenhagen Bio Science Park. Mind the Byte offers a range of software solutions that facilitate scalable and affordable in silico drug discovery, enabling biotechnology and pharmaceutical companies, as well as research centers, to accelerate the development of new drugs. Their services include consultancy partnerships and a user-friendly Software as a Service (SaaS) platform that allows clients to leverage high-performance computing on a flexible pay-per-use basis, eliminating the need for significant hardware or software investments. The company is recognized as an Amazon Web Services technology partner, highlighting its commitment to security and reliability in bioinformatics solutions.

Agile Content is a prominent technology company based in Barcelona, Spain, specializing in digital TV and video delivery solutions for telecom and media enterprises. The company offers a comprehensive range of scalable products and services designed to enhance the consumption and delivery of digital video content. Its cloud-based offerings include fully managed TV services, content management tools, and a modular OTT infrastructure platform that supports content processing and subscriber management. Agile Content's innovative technology facilitates personalized entertainment experiences and enables clients to implement flexible business models. With a presence in 24 countries and a team of over 250 video specialists, the company currently serves more than 50 million connected households globally. Agile Content has established partnerships with leading Tier 1 telecommunications companies, promoting efficient operations and revenue-sharing arrangements. The company has also expanded its portfolio through acquisitions, including the Swedish video distributor Edgeware and global WiFi solutions provider Fon.

Lleida operates as a Spanish telecommunications and certification provider, specializing in electronic communication certification and e-contracting. The company offers a range of services, including validation and certification of SMS, electronic notifications, and data validation. Its clients span various sectors, such as banking, financial services, real estate, legal services, and government. Lleida's business segments include SMS Commercial, SMS Wholesale, and Software as a Service (SAAS), with a significant portion of its revenue generated through ICX Wholesale Solutions. The majority of its operations and sales are focused within the national market, catering to businesses and public administrations seeking secure electronic communication solutions.

Padcelona is the leading Event Tech Agency in Spain integrating unique mobile solutions in events, team buildings and conferences.

AB-BIOTICS is a Spanish biotech company focused on research, development, protection and distribution of its own biotechnological solutions. It aspires to set a standard in the European biotechnology industry for both value and profitability. The company offers probiotic products, including cardio metabolic products comprising AB-LIFE, AB LIFE Forte, AB-LIFE Plus, LipiGO, and AB-Fortis; oral care products that include AB-Dentalac, AB-Dentalac Pro, AB-Dentalac Junior, AB-Dentisanium, and Avantbise; pediatric products, such as AB-Kolicare, AB-Digest Kids, and IronKid; i3.1 gastrointestinal product; gynecology and urological products consisting of AB-Intimus, AB-Intimus cosmetic line, IronGest, Ironlact, and AB-Cyscare; and dermatology and immunology products, which include AB-Immuno and AB-Sakei 65. It also provides genetic tests for behavioral health, pain medicine, fertility, and urology, as well as lab services. AB-Biotics, S.A. was founded in 2004 and is based in Barcelona, Spain.