The Red Eléctrica Group develops 4 innovation pilot projects to analyse the potential of 5G in the management of electricity grid infrastructure
  • Led by REE, Elewit and Hispasat, the four use cases test the capacity of 5G to optimise the management and remote visual inspection of high-voltage electricity facilities such as substations and electricity lines.
  • All the projects are in the incubation phase and are part of a 5G macro-project promoted through a joint venture between 8 leading companies in technological innovation and telecommunications.

The Red Eléctrica Group -through its subsidiary companies Red Eléctrica de España, Elewit and Hispasat- is conducting four pilot projects that analyse the pot

“We want to become market leaders and provide digital services to corporations to facilitate their 24/7 renewable energy sourcing”

How did you get started?

FlexiDAO was founded in November 2017 as a result of a 1-year research project at UPC University by my colleague Grzegorz Bytniewsky (CTO) and I. Shortly after, Joan Collell (co-founder and COO) joined our team.

Cellnex, Elewit and Lenovo lead the investment round in Nearby Computing, a spin-off of the Barcelona Supercomputing Center and the UPC specialised in Edge Computing and 5G networks

Cellnex Telecom, Lenovo and Elewit (a technology subsidiary of the Red Eléctrica Group) have led the investment round in the Barcelona-based Nearby Computing, start-up, an initiative of the Barcelona Supercomputing Center-Centro Nacional de Supercomputación (BSC-CNS) and the Polytechnic University of Catalonia (UPC), with an investment of approximately €2 million.

Carme Artigas, Secretary of State for Digitalisation and Artificial Intelligence
  • This initiative is part of the National Strategy on Artificial Intelligence that the Government presented today.
  • Ms.
Elewit closes the call for proposals for its second venture-client programme with more than 60 proposals from startups from 18 countries
  • The candidates propose innovative solutions that use Big Data, Artificial Intelligence and the Internet of Things to promote the digitalisation of electricity system assets and services through satellite technology, as well as to bolster the security of professionals in the maintenance of facilities and in the inspection works for electricity infrastructure.
  • In the first edition of the programme, Elewit invested more than 300,000 euros in the development of pilot projects of four Spanish startups that are applying cutting-edge technology in the fields of line engineering, s
Elewit, the new brand of the Red Eléctrica Group, successfully completes its first venture-client programme for startups
  • Elewit is the new brand of the technological platform of the Red Eléctrica Group, a company that was born in 2019 to promote the energy transition and the development of telecommunications.
  • Its first venture-client programme has promoted the development of four Spanish startups specialising in the fields of blockchain, augmented and extended reality and artificial vision, which have launched six pilot projects in the fields of substation maintenance, line engineering, electricity demand-side management and occupational health and safety.

Elewit, the new brand

Spain’s Zeleros raises 7M€ in financing to lead the development of hyperloop in Europe

Zeleros Hyperloop has completed a financing round worth more than €7 million. The company starts a new and important phase in the development of its unique version of hyperloop, the “fifth mode of transport”, the best alternative for the future to connect efficiently and sustainably long-distance routes for passenger and cargo transportation. Connections like Paris – Berlin could be reduced to less than an hour.

Positive Energy+ will invest 4 million euros in innovative projects to contribute to economic and social recovery from coronavirus

The Positive Energy+ platform estimates an initial investment of 4.19 million euros for the final 12 start-ups selected from the urgent call launched on 7 April. The initiative, which received 396 proposals in just thirteen days, closed successfully on 19 April and during the virtual Positive Energy+ Demo Day some of the finalists were announced.

Cyber Security Company CounterCraft raises $5 Million in a funding round led by Adara Ventures, and joined by new investors eCAPITAL and Red Eléctrica Group

CounterCraft, a European cybersecurity software company, today announced it has secured $5 million in additional funding. The financing round was led by Adara Ventures, joined by new investors eCAPITAL and Elewit, with participation from existing investors including Evolution Equity Partners, ORZA, and Wayra (Telefonica’s Open Innovation Hub).

Positive Energy+ selects 14 innovative projects to contribute from the energy sector to the economic and social recovery from COVID-19

The Positive Energy+ platform has selected 14 projects from the 396 proposals received after the launch of its urgent call to tender last April. The proposals, which offer solutions to alleviate the economic and social impact of COVID-19, were presented at the Positive Energy+ Demo Day event, held virtually yesterday afternoon and organised by the corporations promoting the initiative: Enagás, Elewit, CLH, Iberdrola, bp, EIT InnoEnergy, Acciona, Capital Energy and DISA.