Programs
Let’s speed up the future together
We are looking for startups to explore new businesses opportunities with them, to make our processes more efficient and to drive the technologies and tools in Red Eléctrica Group. You bring the use case, we put our experience and resources to develop it.
Latest News
II Edition Advanced Venture-Client Program
8 noteworthy startups
The eight startups that have been selected to participate in the second edition: Alchemy ML, Erudit, Orbital EOS, Recognai, Engidi, Nexmachina, Ping Things and Synaptec are companies in their growth phase that have been up and running for an average of 3 years. They propose innovative solutions that use Big Data, Artificial Intelligence and the Internet of Things to boost the digitalisation of electricity system assets and services through satellite technology, as well as to bolster the safety of professionals in the maintenance of facilities and the inspection works of electricity infrastructure.
We make your projects come true
The essence of our program: the venture-client approach

Explore new businesses opportunities

The focus of the program is identifying together with our business units which use cases can become a pilot that helps us validate your solution. Generate a new business opportunity and income for your company.

Strengthen of your knowledge

Analyze with you the areas where you need the most support and we make it easy for you to access the professionals and mentors you need (Sales, Legal, Finance, Human Resources, Branding and Design ...).

Programas

I Edition Advanced Venture-Client Program

+300K €

Investment in pilots / proofs of concept

6 pilots

between 25k and 100k developed

-100 days

to kick off the pilots

- de 120

días en poner en marcha el 80% de los pilotos

+150h

(average 35-40h/startup) consultancy and mentoring

7 personalised

workshops

+60 professionals

from the Red Eléctrica Group engaged in the program

Driven by us
FLEXIDAO
FLEXIDAO
Participant in the 1st Edition of Elewit’s Advanced Venture-Client Programme. This is a software provider who offers blockchain application tools on a middleware platform to access any blockchain business infrastructure safely.
ONIRIX
ONIRIX
Participant in the 1st Edition of Elewit’s Advanced Venture-Client Programme. It is an augmented reality web platform that allows you to create and publish content (scenes, points of interest, routes, 3D models) easily and efficiently.
NEURODIGITAL
NEURODIGITAL
Participant in the 1st Edition of Elewit’s Advanced Venture-Client Programme. This company develops hardware solutions that make virtual reality experiences more interactive and immersive.
SIGMA RAIL
SIGMA RAIL
Participant in the 1st Edition of Elewit’s Advanced Venture-Client Programme. It is a computer vision company that specialises in the analysis of linear infrastructures through automatic video analysis and 3D point clouds.
Alchemy ML
Alchemy ML
Partipant in the 2nd edition of Elewit’s Advanced Venture Client Program. Alchemy Ml is a motor which automates the data treatment, from auditing to pre-processing it and making predictions. They help their clients to obtain high value information from their data.
Engidi
Engidi
Partipant in the 2nd edition of Elewit’s Advanced Venture Client Program. ENGIDI propose a solution that improves worker safety through a wearable device, equipped with a system of sensors that permanently monitor the constants of the worker for the extraction of variables.
Erudit.ai
Erudit.ai
Partipant in the 2nd edition of Elewit’s Advanced Venture Client Program. SaaS which transform the text and voice generated daily by any workforce at intern communication tools into added value workforce's KPIs as burn out & engagement levels or performance ratios.
Nexmachina
Nexmachina
Partipant in the 2nd edition of Elewit’s Advanced Venture Client Programme We are an IoT company specialized in wireless and communications technologies with a complete solution for the digitalization of all types of assets anywhere, especially in areas of difficult access.
Orbital EOS
Orbital EOS
Partipant in the 2nd edition of Elewit’s Advanced Venture Client Program. We use satellite imagery and artificial intelligence to address challenges in security, environment and logistics. By using the right data and AI approach, we can provide insights that optimize decision making.
Ping Things
Ping Things
Partipant in the 2nd edition of Elewit’s Advanced Venture Client Program. PingThings synthesizes a deep understanding of large scale systems based on sensor data and have started with electric utilities to build a more resilient, reliable, and efficient grid.
Recogn.ai
Recogn.ai
Partipant in the 2nd edition of Elewit’s Advanced Venture Client Program. Recogn.ai helps large companies to automate costly digital processes involving large amounts of unstructured data through a data science productivity tool.
Synaptec
Synaptec
Partipant in the 2nd edition of Elewit’s Advanced Venture Client Programme. Synaptec develops and manufactures unique grid automation, protection, and control solutions based on a unique application of passive fiber optics networks.

‘Well done on creating one of the most authentic innovation programmes in the power industry. We were impressed with the authentic and continuous engagement of REE and Elewit that led us to launch the pilot, which will have a high impact for our company’

Philip Orr, CEO Synaptec

‘The POC means validating a case with great potential to scale, an increase in our revenues for 2021 and a reputational gain. I think the venture client approach is a great way to connect corporates with startups with the goal of testing innovating solutions. The program works really great and we totally recommend it to other companies’

Juan Peña, CEO Orbital EOS

‘I'd highlight the support, transparency and nimbleness from the Elewit team, and specially the focus on the business cases from day one -even prior to get into the program-, besides the benefits, mentoring and support to grow our company, that have been key to develop our startup. As a program, it has overcome our expectations’

Daniel Vila, CEO Recognai

‘It's a program focused on the direct relationship with the corporation and clearly aimed to explore use cases, that have meant to use the possibility to test our technology and implement it. The best of the program is this relationship with all the businesses withing the Group and has met our expectations’

Gerard Fernández, CEO Engidi

‘It has meant to validate our technology and open a new business stream with a great new use case that can be replicate in the market, also meaning an increase in our annual revenues, and leading to new opportunities with other customers thanks to the visibility in the program. A great experienceat every level’

Fernando Presa, CEO Nexmachina

‘The revenues from the POC with Red Eléctrica mean an important part of our total revenues this year, and the visibility and reputation is also appreciated. The program is very well organized and every opportunity is of high quality. It has met all our previous expectations’

Marta Porroy, Co-founder Alchemy ML