CDTI Innovación’s Innvierte SICC invests alongside Orza Gestión y Tenencia de Patrimonios AIE and Kutxa Fundazioa in Polimerbio, an innovative company manufacturing biodegradable medical devices
Polimerbio is a biotechnology company focused on the research, design, development, and manufacturing of biodegradable medical devices based on biomaterials, with extensive expertise in polymer chemistry.
Through the medical devices it is developing, Polimerbio aims to reduce surgical interventions and hospital costs, while improving patients’ quality of life and the effectiveness of medical treatments and procedures. These products, based on polymeric biomaterials, are initially aimed at treating urethral stricture—an abnormal narrowing of the urethra caused by scar tissue that reduces urine flow and can lead to issues such as urinary tract infections, difficulty urinating, and fluid retention.
CDTI Innovación, through Innvierte, has completed an investment transaction in this biotechnology company together with Orza Gestión y Tenencia de Patrimonios AIE and Kutxa Fundazioa, with a total investment amount of €450,000. Through this stake, CDTI Innovación contributes to improving people’s health and well-being by promoting the development of products that accelerate patient recovery and reduce hospital costs and waste.
Orza Gestión y Tenencia de Patrimonios AIE
Orza Gestión y Tenencia de Patrimonios AIE is a direct investment entity belonging to the EPSVs Geroa and Elkarkidetza, which supports the business ecosystem of the Basque Country and Navarre. It is a long-term partner with an investment horizon longer than that of traditional private equity firms and can finance successive growth stages of a company.
Kutxa Fundazioa
A foundation that contributes to strengthening a sustainable, competitive, and innovative business network in Gipuzkoa. It supports entrepreneurs and the business community across various fields, particularly technological innovation, energy transition, industry, digital companies, and health-related technologies.
Innvierte
Innvierte is an initiative aimed at promoting business innovation by supporting venture capital investment in technology-based or innovative companies. The program is implemented through the closed-end collective investment company Innvierte Economía Sostenible SICC S.M.E., S.A., which is self-managed and supervised by the Spanish National Securities Market Commission (CNMV), and of which CDTI Innovación is the sole shareholder.
To date, CDTI Innovación has committed, through Innvierte, €2,885.8 million to 54 investment vehicles and, through its co-investment line, has directly committed €829.4 million in 197 companies.
Innvierte forms part of the Spanish Strategy for Science, Technology and Innovation 2021–2027, approved by the Council of Ministers in September 2020. This Strategy sets out the objectives, reforms, and measures to be adopted across the entire R&D&I system in order to boost its growth and impact, and it is one of the pillars underpinning the Government’s R&D&I policy for the coming years
CDTI Innovación
The Centre for the Development of Technology and Innovation (CDTI E.P.E.) is the innovation agency of the Ministry of Science, Innovation and Universities. Its mission is to promote technological innovation within the business sector, enabling Spanish companies to generate and transform scientific and technical knowledge into globally competitive, sustainable, and inclusive growth. In 2024, under a new strategic plan, CDTI provided more than €2.3 billion in support to Spanish companies and startups.
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