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 and IBM launch a pioneering solution to accelerate the digitalisation of the management of electricity network assets
  • The two companies have signed an agreement to market SAGA, an Elewit software that will enable electricity transmission and distribution companies to manage the maintenance and renewal of their network assets more efficiently.
  • SAGA is a unique solution in the market because it combines the electricity infrastructure management experience and knowledge of the Red Eléctrica Group, Elewit's parent company, and IBM’s potential and leadership in artificial intelligence and advanced data analysis, using IBM Maximo APM for Energy and Utilities.
  • In an increasingly demandi
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

Betting on a future of equality

On International Women in Engineering Day, companies, investors and the whole word is aware that this profession should not have any gender bias. Therefore, Red Eléctrica keeps moving forward towards equality and diversity and continues to promote mechanisms to drive the presence of women at the organisation, among them female engineers, and their promotion to managing positions and positions of responsibility.

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.