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Ekarpen is a private equity and investment firm based in Bilbao, Spain, that focuses on supporting and revitalizing the industrial fabric of Spain's Basque Country. The firm specifically targets relatively large, innovative industrial companies that hold strategic economic interest for the surrounding European region across various emerging sectors. Its active investment portfolio includes regional technology and advanced manufacturing enterprises, such as artificial intelligence software developer Sherpa.ai and solid-state energy storage manufacturer BASQUEVOLT. Ekarpen frequently co-invests alongside prominent institutional and corporate backers, participating in syndicated funding rounds with private and public entities like Mundi Ventures, Stellum Capital, and EIT InnoEnergy. Operating as a key financial catalyst for local industrial development, the firm structures its capital deployments to ensure long-term regional economic stability and technological advancement. The investment organization was officially established on July 28, 2008.
Ekarpen has 2 tracked investments across 2 companies. The latest tracked deal is $19.9M Other Equity in Lookiero in January 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 8, 2026 | Lookiero | $19.9M Other Equity | Simon Menashy | Ander Michelena, Perwyn, 10X Group, Bonsai Partners, Spanish Society For Technological Transformation, 10X, Banco Santander |
| Mar 15, 2021 | Sherpa | $8.5M Series A Extension | — | Alex Cruz, Marcelo Gigliani, Mundi Ventures |