• success stories


Investors’ experience through venture capital from Sodena goes back to 1984. In over a quarter of a century in contact with the business world we have participated in the start-up, expansion and growth of many Navarrese companies.

In this section we will regularly publish the experiences in our strategic sectors (Biotechnology, Agrifood, Renewable Energies and ICTs) that have been the most significant over these years.

Apex/Twin Screw

A group that manufactures and sells snacks and nuts. It has plants in Ribaforada (Navarra), Riego de la Vega (León) and Benifaió (Valencia) and markets its products under the brands Aspil, Travesa, Vicente Vidal and Abrego, among others.


Biogas plant using as raw material purín and other substrates of vegetal and industrial origin (power 500 kW).

Cultivos de Navarra

A company that produces and markets hydroponically-grown tomatoes under the “Tomate de Artajona – Reyno Gourmet” brand. Its takes advantage of surplus hot water and the heat generated by the purine-based cogeneration plant in Artajona that belongs to Ecoenergía Navarra, S.L., achieving an environmentally sustainable unit that provides a solution to the treatment of purines for pig farms.
It was the first R&D+i project of its type thanks to its innovative nature, producing dry fertiliser, energy and clean distilled water. The surplus heat from the cogeneration process is used to grow tomatoes hydroponically (i.e. without soil) in greenhouses.

Ecoenergía Sistemas Alternativos

This company promotes R&D+i in the agrifood and environmental sectors. It was set up to generate technological development in the waste treatment and organic sub-products sector and to make use of residual heat.
It promotes R&D+I activity in the national agrifood and environment programme, disseminating the culture of cooperation among stakeholders in the science-technology-company system and fostering the development and use of new technologies in line with the criteria of the Law on Integrated Prevention and Control of Pollution.

Elara Ingenieros

A services company that designs and implements innovative solutions for improving companies’ competitiveness. Its work for the design and implementation of integral solutions is structured in two areas: Consultancy and Technology.

Finaves II

A venture capital set up in 2003 by the IESE (University of Navarra) with the aim of supporting innovative projects whose promoters have been students of the University of Navarra and IESE.

Foro Europeo de Formación Empresarial

A campus for business training in Navarra. Its vision for the future: "Foro Europeo aims to be the Business Campus of Navarra, an international reference through its continuous innovation, adaptation and closeness to the reality of companies, while at the same time specialising in the management of SMEs, family-based companies, the development of management skills and new technologies applied to companies".

Fundación para la Innovación y Desarrollo de la Nanotecnología (FIDeNa)

Development of R&D+I projects in the field of nanotechnology.

Fundación de Investigación, Desarrollo e Innovación en Medio Ambiente (FIDIMA)

A benchmark environmental technology centre at national level located in Estella that works in research and the application of a range of technologies to the environment.

ID Ingeniería Acústica

An engineering consultancy company in the field of acoustics, noise and vibration.

Kams Kayaba

Its plant in Los Arcos makes shock absorbers with minimum levels of pollution in its production process. The multinational group has two other plants in Navarra, located in Ororbia and Orkoien, and employs around 1,000 workers; the last two plants manufacture suspension and steering pump components.

Grupo S21sec

Specialised in digital security services and technologies, its aim is to guarantee the effective development of businesses. It protects the most valuable and critical digital assets of an organisation: the company’s information and image.

Lorpenak Navarra

It manufactures, purchases, sells and distributes technical socks for demanding sports such as skiing, mountaineering and hunting.

OLUS Tecnología

Olus Tecnología is a company born with the aim of being an international leader in the creation of high added value products and generating an R&D pole focused on vegetables.

Pamplona Learning Spanish Institute

Pamplona Learning Spanish Institute is a specialised Spanish language learning centre in Pamplona. It was born of the collaboration between Clen College / IH Pamplona, a school with over fifteen years’ experience in language training, the Government of Navarra – which has a strong interest in the promotion of Navarra as a place to learn Spanish – and the General Manager of High Schools International, which has extensive experience in the field of study travel.

Metsola Birding

A service company that manages eight tourist apartments in Isaba for birdwatching in spring and summer.

MTS Tobacco

Since its founding in 1999, when Sodena also took part in its shareholder structure, it has developed the following lines of activity: Outsourcing / maintenance of the factories of ALTADIS; the rework and sale of cigarette machines, and the manufacture and sale of spare parts for cigarette-making machines.

Sociedad Logística Alimentaria Navarra (SLAN)

A controlled-temperature logistics company that provides support structures for industry, commerce and food distributors.


Sunsundegui is the trade name of the company Suministros y Servicios Unificados de Carrocería, S.L. for the marketing of bus/coach bodywork with chassis. The group consists of a holding company (Burnizko) and the companies Suministros y Servicios Unificados de Carrocería (manufacture of bus/coach bodywork) and Suncove (train carriage manufacturer).

Navarra de Tratamiento del Agua (Wasserlab)

The company designs and manufactures water purification systems to meet the daily needs of pure and ultrapure water from laboratories and companies.

Tweet Category

It offers users a technology service to classify and monitor information in Twitter about products, companies, brands, etc. Tweet Category organises tweets on a particular subject into categories and sends the user a full report.

Up International Education

A nationwide company that started in Navarra whose main activity is the selection and placing of native-speaker English graduates in schools and language schools to improve the teaching of the English language. It does this through its programme of conversation assistant teachers.

Biotechnology / Health

3P Biopharmaceuticals

A CMO (Contract Manufacturing Organization) specialised in the development and production of biological (mainly proteins) and cell therapy products for clinical trials and commercial phases under GMP conditions.

Albyn Medical

A biotechnology company that designs, manufactures and markets medical consumables in the areas of urology and gastroenterology that are sold through distributors worldwide.

Davalor Salud

Company in the health sector that develops and makes commercial use of hardware and software for the exploration, diagnosis and therapy of products designed to solve problems of visual function.

Digna Biotech

A biotechnology company whose mission is to generate clinical therapy and diagnosis candidates based on research carried out in CIMA and to create alliances in the pharmaceuticals industry for the later marketing of these products.


A biotechnology company dedicated to the development of therapeutic vaccines to treat chronic infections and cancers. Its platform is based on recombinant proteins consisting of an endogenous ligand for TLR4 combined with specific antigens of the illness. Its main objective is to advance its first vaccine to the clinical stage.

Idifarma Development Farmaceútico

Contract Development and Manufacturing Organization providing services to the pharmaceutical industry, specialising in highly potent drugs (cytotoxic, cytostatic, etc).

InnoUp Farma

InnoUp Farma is a company dedicated to nanotechnology innovation, that seeks to develop solutions for the administration of oral drugs using a platform that enables oral administration of anti-cancer drugs with low oral bioavailability.

Inveready Biotech II SCR

Venture capital company managed by Inveready Seed Capital FCR, specialized in investments in Spanish companies focused on biotech, pharma, nutraceutical and health products trading, with a high potential of growth.

The presence of Sodena in this firms generates a multiplier effect of financial resources for future Sodena ventures in Navarra. Also, this will enable Sodena to count on IBII as a prospective co-investor in Sodena's projects as well as to increase the number of initiatives within the scope in which our firm operates in Navarra.


A biotechnology company focused on generating innovative and high quality pharmaceutical research programs based on the modulation of clinically validated therapeutic targets for the treatment of cancer and neurodegenerative diseases.

Ojer Pharma

A pharmaceutical company that develops and markets dermatological drugs.


PaloBiofarma is a biotech company set up in 2006 that has a platform to generate antagonists and selective agonists of adenosine receptors. The company has two developments in the pipeline that are in the clinical phase.

Proretina Therapeutics

A company in the biopharmaceutical sector that develops drugs for the treatment of dystrophy and degeneration of the retina. Its main molecule is proinsulin (Pro-001) and its development is based on the delayed death of photoreceptors in patients that suffer pigmentary retinosis. It complements its pipeline with a peptide to treat a degenerative disease such as glaucoma.

Suan Biotech FCR

An investment fund oriented towards biotechnology that takes part in projects for both human and animal health.

Ysios Biofund I FCR

A fund exclusively oriented at investments in biotechnology projects. It is the biggest specialised fund in the biotechnology sector.


Iden Biotechnology

A scientifically-based company that mainly works on the creation, transfer and exploitation of agri-biotechnology know-how. It uses agri-biotechnology and micro-biotechnology tools for the development of a patent portfolio to improve crops and it also develops new agro-biochemical products.

Piscifactoría de Sierra Nevada / Caviar Persé

A company that produces caviar from sturgeon roe, plus derived products such as sturgeon meat.

Punto Futuro FCR

The development and management of Punto Futuro is done by Clave Mayor, S.A., SGECR.

Punto Futuro’s purpose is to take a temporary stake in projects in the agrifood sector in the widest sense, covering companies that produce products for direct consumption and service or consumption providers for these products (packaging, software, additives, etc.).


Energy and the Environment

ESA, Ecoenergía Sistemas Alternativos


An engineering company that develops energy-efficient solutions, mainly for industrial customers with considerable experience in the development of cogeneration plants.

EINA, Estudios de Ingeniería Adaptada

A company that designs and manufactures robotic cutting and welding machines that are used in the automation of industrial processes, preferably using soft fabrics.

INDEOL, Investigaciones y Desarrollos Eólicos

A company whose main objective is to develop innovative technologies for application in wind turbine blades and other renewable technologies.

Nabrawind Technologies

Logo Nabrawind

Nabrawind Technologies is dedicated to the design and development of advanced wind technologies for wind turbine components, as well as engineering services advisory.

3S, Soluciones y Sistemas Solares

A company whose objective is to integrate the engineering, installation and servicing of photovoltaic power plants. It also creates energy solutions based on energy efficiency.


Futura Acorp

A company that mainly works on the development, implementation, management and maintenance of self-purchase systems in unattended kiosks (where the end user places an order) and points of sale that are fully incorporated into customer systems for leisure and catering sectors.

Inveready Seed Capital SCR

A venture capital company promoted by Inveready Capital Company, whose partners are private investors and family offices with wide-ranging experience in investment in non-listed companies in their early stages of life. It invests in technology companies, mainly in the ICT, nanotechnology, biotechnology and renewable energy sectors.


A company oriented towards e-commerce through collaborative websites and the management of suppliers based on debugging technologies and artificial intelligence.

Among its solutions are applications of natural interaction through virtual assistants (developed in its R&D+i centre in Pamplona), an innovation management platform, suppliers’ websites, electronic negotiation...

ONENA, Operador Neutro Navarra

Onena (Operator Neutral Navarra, SL) is a neutral operator of fiber optic (FTTH; fiber to the home) focused on infrastructure development of ultra-fast networks and subsequent open leasing to telecom operators so that they can offer services access and interconnection through that FTTH to companies and individuals.

Open Bravo

Set up by entrepreneurs from Navarra, its product is ERP (Entrerprise Resources Planning) software developed within the Open Source philosophy (licences that allow the end user to modify the product and distribute it freely).


A fund aimed at investments in the ICT sector (hardware, software, networks, communications, services, digital content and e-commerce).

TedCas Medical Systems

A company focused on the development and marketing of technologies (hardware and software), for the healthcare field. It provides access to, handling and searching medical information in hospital environments through the use of natural user interfaces (NUIs). By using TedCas medical personnel can monitor any kind of application in an aseptic manner.

Seed Capital / Start Up Capital Navarra

Abanza Technomed

Navarre company of research and development of instruments and medical devices specialized in biomedical innovation in the field of sports medicine.


The company Air-Rops takes the name of a new protection system for self-propelled vehicles, based on a new structure concept that expands automatically in a rollover situation, without driver intervention.


Bidaway (previously Tidibi) is an on-line platform that auctions exclusive hotel rooms (4 and 5 stars), leisure activities and health and beauty services at the best price. Several offers share time and space in this platform, where bids can be made free of charge. Only the customer who makes the best bid pays for the winning offer when the auction is over.



Comprehensive system with digital scores that facilitates individual and collective work of musicians, orchestras and other groups, as well as conservatories and music schools.

Eolive Vertical

An engineering company that maintains wind turbines. Eolive offers blade engineering at the height of the turbine, with innovative access solutions.

Estudios Melitón


Business project that offers professional film studios in the Campus of Lekaroz and, at the same time, training of qualified professionals in the film industry.


Technology-based company that designs, develops and markets non-invasive clinical diagnostic equipment by detecting exhaled biomarkers, i.e., present in human breath.

iAR, Industrial Augmented Reality

Technological company that develops and implements industrial solutions through advanced applications of augmented reality.

Ikan Biotech - The Zebrafish Lab

Company that offers analytical services in the biosanitary and environmental area, using the zebrafish.

Lifeak Job Accommodation Solutions for Life

Navarre company dedicated to the improvement of opportunities and welfare of people with disabilities both in the professional as in the leisure and domestic fields.

Making Genetics

Company that offers services in genomics research base, as the preparation and design of projects, conducting genetic and epigenetic determinations and interpretation of results and statistical analysis. It also develops new genetic and epigenetic panels for resale and marketing.


It is an online community that facilitates the resolution of microtasks of the day to day putting in contact people who need help in their activities with people able and trained to help them.


Booking software through a cross-cloud platform that enables online booking in sport centres via computer, a smartphone and Facebook. Email and SMS reminder services and interactivity between registered users complete the package.


A company that provides design, planning and management services for pre-clinical and clinical trials. It provides a comprehensive service in the analysis of the data from these trials aimed at the pharmaceuticals industry and laboratories and clinics, specifically at research and development areas or departments.

Start Up Capital Navarra

An Enterprise Development Company with public and private participation aimed at investment in innovative business projects in their initial phases (seed capital and start-up).


Company engaged in the the design and sale of drones, as well as in the provision of services that facilitate access to remote places.

Vitale, Intelligent Training System

A company that has developed a cloud platform for specific sports prescriptions aimed at fitness and health professionals so that they can improve and complement their training programmes for their customers.


An on-line service that allows the user to find the best price offers (both online and offline) for any product, with a response time of less than 72 hours.

Velites Sport

Engaged in designing, manufacturing and marketing nationally and internationally customized products for sports practice, especially for crossfit and functional fitness.


Development that seeks to improve the acquisition and retention of users as well as the monetization in mobile games.



Associated labor cooperative engaged in the manufacture and marketing of elements that give functionality and aesthetics to white goods and provide solutions man - machine interface and sealing by printed gaskets.

Fondo de Desarrollo Turístico SPE, S.A. (FONDETUR)

A limited company for the promotion of companies whose aim is to develop a chain of hotels with charm’ in rural areas of Navarra, aimed at the medium-high segment of the market (4-star hotels with 25-30 rooms).

Mondragón Navarra SPE

A capital fund for the development of creation of companies related to MCC Inversiones SPE, S.Coop., through a temporary stake in their equity capital.

Parque de la Naturaleza de Navarra - Sendaviva

A company set up by the Directorate-General of Commerce and Tourism of the Government of Navarra. It is a leisure/theme park located in a natural setting near Arguedas (Navarra).

Salinas de Navarra

A company that produces, transforms and markets vacuum salt for such diverse applications as the food sector, industry, or water treatment.

Empresas participadas



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