The Ministry for Digital Transformation and Public Administration has announced a €9.9 million investment from the Government of Spain, through the Spanish Society for Technological Transformation (SETT), in the Spanish fund CRB Digital Health III, a vehicle specialized in digital health investments that now exceeds €30 million.
The purpose of this operation is to boost the digital transformation of the healthcare system through the development of disruptive technologies applied to prevention, diagnosis, and patient treatment, as well as platforms aimed at improving the efficiency and sustainability of the healthcare system.
This public–private collaboration strengthens Spain’s leadership in health innovation, aligning the Government’s technology policy with the investment capacity of the private sector. Through this public investment, CRB Digital Health III will provide resources to digital health start-ups and scale-ups, particularly those with disruptive intellectual property in growth stages and with international ambitions. The fund, which aims to reach €50 million, focuses on the European market and is committed to promoting sustainable investments.
María González Veracruz, Secretary of State for Digitalization and Artificial Intelligence, emphasized that “this investment reinforces the Government’s commitment to an economic model based on innovation, public–private collaboration, and purpose-driven technology. Digital health is one of the strategic pillars of the country’s digital transformation, and this operation consolidates Spain’s position as a benchmark in healthcare innovation in Europe.”
For their part, Ignasi Heras and Alejo Costa, General Partners of CRB Digital Health III, underlined that “SETT and CRB share the same vision: to accelerate the digital transformation of healthcare in Spain and Europe. This public support will multiply the impact of private innovation in critical areas of the healthcare system, driving projects that improve people’s quality of life and the efficiency of healthcare services.”
The management team also explained that “the companies already backed by CRB Digital Health III are developing pioneering solutions that address the major challenges of modern medicine: from digital platforms providing psychological support to oncology patients, to systems that improve healthcare staff management in public and private hospitals, remote virtual consultations, dental and preventive health tools, and maternal–infant monitoring technologies.” All of them share the same goal: to enhance the quality of care and the efficiency of the healthcare system through the practical application of technological innovation.
SETT is carrying out this operation through the Next Tech initiative, with funds from the Recovery, Transformation and Resilience Plan (Next Generation EU funds). Its goal is to promote financing for technology start-ups and scale-ups, both directly—through co-investment in companies—and indirectly, through investment in funds or financial intermediaries supervised by the Spanish National Securities Market Commission (CNMV), the European Securities and Markets Authority (ESMA), or other supervisory bodies.
In addition, SETT manages two other financial instruments to strengthen the technological business ecosystem: PERTE Chip, focused on microelectronics and semiconductors, and Spain Audiovisual Hub, which promotes the digitalization of the audiovisual sector.
Editor’s Note:
CRB Digital Health III is the third fund of the independent private equity manager CRB Health Tech, founded in 2008 by Enrique Castellón. The firm has a solid track record in venture capital investment, managing funds that invest in innovative technology-based companies in the fields of health, biomedicine, and medical technologies, with a current focus on digital health. The fund is backed by investors including Sanitas, Occident, CBNK, Ajuntament de Barcelona (through Barcelona Activa), ICF, Cantabria Labs, Roca Group Ventures, Aldo-Unión, Tiselab CBNK, among other reference partners.
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