Spain: Erreka Seeks New Growth Avenues Through Strategic Startup Partnerships

As technology rapidly advances, established companies must adapt to stay competitive. Spanish engineering cooperative Erreka recognizes this necessity and has implemented an open innovation model to collaborate with external partners on emerging products. According to General Manager Antton Tomasena, partnering with startups provides key benefits – from optimizing products and speeding time to market, to leveraging established commercial channels and brand recognition.

This strategic approach has already borne fruit. Erreka has invested in two startups pioneering mobility solutions – Darwin Biomedical and Robopedics. Both are developing intelligent technologies to assist those with limited mobility. Darwin focuses on smart walkers utilizing the latest sensors and controls. Meanwhile, Robopedics aims to enhance joint movement through robotic exoskeletons.

By empowering these innovative startups, Erreka gains a pipeline to the medical technologies of tomorrow. The partnerships also give Erreka’s partners access to industrial expertise and resources needed to commercialize cutting-edge research. It’s a collaborative model that will serve all parties well as technologies continue disrupting established industries at an unprecedented pace. Through open-minded cooperation, established companies and nimble startups can both drive progress.