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Government
cdti.es

Investments

121

Portfolio Exits

4

Partners & Customers

1

About Centro para el Desarrollo Tecnologico Industrial

The Centre for Industrial Technological Development (CDTI) is a Business Public Entity, answering to the Ministry of Economy and Competitiveness, which fosters the technological development and innovation of Spanish companies. Since 2009, it has been the entity that channels the funding and support applications for national and international R&D&i projects of Spanish companies.

Headquarters Location

4 Calle del Cid

Madrid, 28001,

Spain

(34) 91 581 55 00

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CB Insights Intelligence Analysts have mentioned Centro para el Desarrollo Tecnologico Industrial in 1 CB Insights research brief, most recently on Jun 3, 2022.

Latest Centro para el Desarrollo Tecnologico Industrial News

Passive sunning: Maximizing the efficiency of intelligent light and water

Jan 18, 2023

NOVAGRIC, in collaboration with Tecnalia, has developed an innovation project that solves the critical points of vertical agriculture, increasing the profitability of this type of installation. The project, supported and financed by the CDTI (Center for the Development of Industrial Technology) and the Ministry of Science and Innovation, began its design in 2020. The study and development of this new architectural model called Vertical Sunning, with a passive solar design that uses intelligent light and water strategies to maximize the efficiency of the system, has been carried out for two years. 'We have used innovative Ray Tracing technologies to design the structure, optimize PAR radiation, and homogenize the distribution of light to the crops that will be located inside.' Says Juan Pardo, project manager and head of Innovation at Novagric. A more efficient alternative to vertical farming systems The Vertical Sunning project was conceived as a vertical and urban farming solution to produce sustainable food in cities in a more efficient way. As the investment for vertical farms remains high, numerous research studies highlight the urge for vertical farms to decrease operation expenses to become more profitable. Vertical Sunning aims to solve this critical point: the high energy cost. 'Our goal was to develop a new model of vertical food production without artificial lighting, prioritizing the access and distribution of solar radiation, with low-energy systems and using water and sunlight for reducing the carbon footprint,' explains Juan Pardo. Vertical Sunning structure design A prototype of the Vertical Sunning structure has been built at Novagric's technological facilities in Spain and is now in full production. Interior structure of the Vertical Sunning prototype installed The construction model uses modular and lightweight materials such as mobile racking systems to take advantage of the space, varying the arrangement of the crops according to the path of sunlight. To minimize energy consumption, water is used to absorb infrared radiation and allow PAR access while reducing the heating and distributing heat to the interior. The irrigation system is hydroponic, reducing water consumption by up to 50% compared to other substrate crops. A technical-agronomic study is currently underway to validate the design in a real growing environment. Thanks to the large volume available, besides leafy and aromatic species, more complex and unusual varieties have also been introduced in vertical farming to solve the challenge of productivity. This would fulfill Novagric's three goals for the development of competitive technologies and crop production strategies: Use of the sun as an energy source, reduction of energy consumption, and the introduction of new crop species to expand the range of vegetables available in this environment, concludes Pardo. Have a look at the video below (English subtitles). For more information:

Centro para el Desarrollo Tecnologico Industrial Investments

121 Investments

Centro para el Desarrollo Tecnologico Industrial has made 121 investments. Their latest investment was in VEGA Chargers as part of their Seed VC on January 1, 2023.

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Centro para el Desarrollo Tecnologico Industrial Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/27/2023

Seed VC

VEGA Chargers

$0.54M

Yes

1

12/23/2022

Series C - II

Nuubo

No

1

12/2/2022

Seed VC

Intelia

$0.58M

Yes

1

11/29/2022

Line of Credit

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$99M

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10

11/8/2022

Seed VC - II

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$99M

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10

Date

1/27/2023

12/23/2022

12/2/2022

11/29/2022

11/8/2022

Round

Seed VC

Series C - II

Seed VC

Line of Credit

Seed VC - II

Company

VEGA Chargers

Nuubo

Intelia

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Amount

$0.54M

$0.58M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

1

1

1

10

10

Centro para el Desarrollo Tecnologico Industrial Portfolio Exits

4 Portfolio Exits

Centro para el Desarrollo Tecnologico Industrial has 4 portfolio exits. Their latest portfolio exit was Scutum on January 11, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/11/2021

Corporate Majority

$99M

3

2/12/2019

Corporate Majority - II

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$99M

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10

11/3/2016

Acquired

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$99M

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10

4/3/2013

Acquired

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$99M

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10

Date

1/11/2021

2/12/2019

11/3/2016

4/3/2013

Exit

Corporate Majority

Corporate Majority - II

Acquired

Acquired

Companies

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Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

3

10

10

10

Centro para el Desarrollo Tecnologico Industrial Acquisitions

1 Acquisition

Centro para el Desarrollo Tecnologico Industrial acquired 1 company. Their latest acquisition was HISPASAT Group on April 27, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/27/2018

Other

$99M

$368.51M

Corporate Majority

1

Date

4/27/2018

Investment Stage

Other

Companies

Valuation

$99M

Total Funding

$368.51M

Note

Corporate Majority

Sources

1

Centro para el Desarrollo Tecnologico Industrial Partners & Customers

1 Partners and customers

Centro para el Desarrollo Tecnologico Industrial has 1 strategic partners and customers. Centro para el Desarrollo Tecnologico Industrial recently partnered with PLD Space on .

Date

Type

Business Partner

Country

News Snippet

Sources

Partner

Spain

Date

Type

Partner

Business Partner

Country

Spain

News Snippet

Sources

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