CDTI Innovación, through Innvierte, approves 24 new co-investments and participation in 6 investment vehicles, with a commitment of nearly €323 million

CDTI Innovación, the innovation agency of the Ministry of Science, Innovation, and Universities, as the promoter of the Innvierte initiative and the sole shareholder of this entity, has approved co-investments in 24 companies over the past four months, with Innvierte committing €38.9 million, of which €12.8 million are allocated for a strategic co-investment.
Of the approved co-investments, 9 are initial investments in new companies, and 15 are follow-on investments in companies already in the portfolio.

Regarding the registered offices of the companies in which co-investment has been approved, they are distributed by autonomous community as follows:

Comunidad Autónoma	Número de empresas
Andalucía	1
Castilla y León	1
Cataluña	5
Comunidad Valenciana	3
Galicia	1
Comunidad de Madrid	6
Comunidad Foral de Navarra	1
País Vasco	6

Regarding the development or maturity phase of the companies in which co-investment has been approved, following definitions agreed upon by major European venture capital associations, they are distributed as follows:

Madurez de la empresa	Número de empresas
Semilla	10
Arranque	4
Otras fases iniciales	9
Capital desarrollo	1

Regarding sectors, the co-investments are distributed as follows:

24 empresas	Compromisos de Innvierte (M€)
10 empresas de Bio, Salud y Agroalimentación	14,1
7 empresas del sector TIC	3,3
3 empresas del sector Industria	13,7
4 empresas del sector Energía y Medio Ambiente	7,7
Total	38,9

Non-strategic co-investments will be made alongside 36 investors previously approved by Innvierte, who will contribute €39.7 million.

In addition to the co-investment commitments, participation in 6 investment vehicles has also been approved, with financial contributions of up to €284.2 million; this represents a total commitment so far this year of €1,091 million across 13 investment vehicles.

So far this year, 27 new private professional investors have also been approved, bringing the total number of investors approved by Innvierte to 196. Of these, 151 investors are active, submitting co-investment applications to Innvierte.

Innvierte
Innvierte is an initiative aimed at promoting business innovation through venture capital investment in technology-based or innovative companies. This program is implemented through the closed-end collective investment company Innvierte Economía Sostenible SICC S.M.E., S.A., self-managed and supervised by the National Securities Market Commission (CNMV), with CDTI Innovación as its sole shareholder.

To date, CDTI Innovación has committed €2,898 million across 65 investment vehicles that have invested in over 636 companies, and through its co-investment line, has directly committed €761 million in 199 companies.

Innvierte is part of the Spanish Strategy for Science, Technology, and Innovation 2021-2027, approved by the Council of Ministers in September 2020. This strategy outlines the objectives, reforms, and measures to be adopted across R&D&I to boost growth and impact, and serves as a cornerstone for the Government's R&D&I policy in 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, with the goal of promoting technological innovation in the business sector. CDTI's mission is to ensure that the Spanish business ecosystem generates and transforms scientific and technical knowledge into globally competitive, sustainable, and inclusive growth. In 2024, as part of a new strategic plan, CDTI provided over €2.3 billion in support to Spanish companies and startups.

CDTI Innovación’s funding conditions can be consulted on the website: www.cdti.es