Through Innvierte, CDTI Innovación has closed an investment operation in X1 WIND along with CLUB RG 14, S.L., with a total amount of €405,000. Thanks to this participation, CDTI Innovación helps to tackle the climate challenge by supporting the marine renewable energy sector.
X1 WIND is a technology-based company developing intelligent solutions to address the challenges of the energy revolution and drastically minimize its environmental impact. Its technology is the result of more than 20 years of experience in the offshore renewable energies sector. X1 WIND has created a self-orienting floating design that reduces weight and cuts installation and maintenance costs, making floating wind competitive.
The company has attracted top-level talent from diverse backgrounds. Its team includes respected professionals in wind energy, mechanical, electrical, structural, aeronautical and naval engineering, as well as strategy and business consulting.
Club RG 14 is a Spanish company, based in Barcelona, whose main corporate purpose is to act as a holding company, managing other companies and participating in credit activities. It invests in various sectors, including real estate and energy.
Innvierte is an initiative whose aim is to promote business innovation via venture capital investment in technology-based or innovative companies. This program is carried out through the closed collective investment company Innvierte Economía Sostenible SICC S.M.E., S.A., which is self-managed and supervised by the Spanish National Securities Market Commission, and of which CDTI Innovación is the sole shareholder.
To date, CDTI Innovación has committed €2,661 million across 61 investment vehicles that have invested in more than 622 companies, and through its co-investment line it has directly committed €723 million in 190 companies.
Innvierte is part of the Spanish Strategy for Science, Technology and Innovation 2021-2027, approved by agreement of the Council of Ministers in September 2020. This Strategy sets the objectives, reforms and measures to be adopted throughout the R&D&I (research, development & innovation) area to boost its growth and impact, and is one of the pillars supporting the government’s R&D&I policy design for the coming years.
The Centre for the Development of Technological and Innovation (CDTI E.P.E.) is the innovation agency of the Ministry of Science, Innovation and Universities, whose goal is to promote technological innovation within the business sector. CDTI’s mission is to ensure the Spanish business fabric generates and transforms scientific-technical knowledge into globally competitive, sustainable and inclusive growth. In 2024, under a new strategic plan, CDTI provided more than €2,300 million in support to Spanish companies and startups.