Erreka has made an alliance with the startup Darwin Biomed with the aim of promoting its Health line
With this move, the cooperative acquires engineering assets for the future development of new mechatronic solutions equipped with artificial intelligence and advanced software.
Darwin Biomed is a biomedical engineering company from Navarre, specialising in the creation of innovative medical devices to improve quality of life. In 2024, it proudly announces the launch of Michelgangelo, an intelligent and differential walker, designed for the active prevention of falls, especially aimed at the senior population. In addition to its advanced technology, which makes it possible to anticipate and provide real-time support for possible incidents, Michelangelo is presented as a safety tool that promotes the autonomy and independence of its users.
Erreka and Darwin a positive alliance for both companies
Erreka is convinced that it will continue to develop its portfolio and capabilities based on an open innovation model. Erreka’s contribution within this model is based on three fundamental pillars: financial support, the capacity for industrialisation and product scaling and, lastly, a commercial and service infrastructure for those products aligned with Erreka’s reality.
According to Lander Sagarna, Director of Innovation and New Businesses at Erreka, “we believe this is good news for startups like Darwin, given that, in addition to being a financial partner, we can accompany them in areas such as product optimisation, reducing their time-to-market or providing after-sales infrastructure. All this from a perspective of acquiring part of the risk and working together not only from the management, but also from operational areas such as the contribution of technological and process knowledge”.
Erreka is committed to Health
Erreka, as part of its diversification strategy, is clearly committed to the Health area, both in the field of mobility aids for people and in the medtech field in terms of the development of components for medical devices.
In the area of mobility aids for people, different solutions are being analysed to complete a portfolio of products and solutions.
According to Gorka Mendiaraz, business director of Erreka Health, “through this new collaboration, Erreka strengthens its position in the field of solutions to guarantee people’s mobility and acquires engineering assets for the future development of new mechatronic solutions equipped with artificial intelligence and advanced software”.
MONDRAGON Business Promotion
This new investment operation in Darwin Biomed is part of the corporate strategy of activating entrepreneurial capacities and promoting new businesses among the co-operatives, with a commitment to young companies with the capacity for growth. For the last five years MONDRAGON has been investing in around twenty recently formed companies, involving the co-operatives in their capital and supporting them when necessary with Corporate Venture Capital Funds to compensate for the assumption of risk in the initial stages.