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Under the name SEC2GRID, Barbara together with Ingeteam, Iberdrola, Ormazabal, Arteche, PwC, Zigor ZIV, Ikerlan and the GAIA Cluster will provide cybersecurity to the electricity grid. A collaborative framework composed of competing companies that will extend to 2024 with a total investment of €6.4 million.

Barbara is currently actively participating in a series of Research and Development projects promoted by the Basque Business Development Agency (SPRI) and supported by the European Regional Development Funds (ERDF).

This year, STL Partners asked companies to provide more information on their financial milestones associated with edge computing, as well as for details on the practicalities of edge applications that they are enabling. By doing so, the firm was able to chart the increase in maturity of edge offerings, with more companies seeing significant revenue streams coming from their edge portfolio.

At Barbara, we believe that industry transformation can not be accomplished by a single company. Our view is of a Community of AI developers, hardware manufacturers, industrial system integrators and other technology partners, that join forces with us to make the most of our technology so that we can altogether respond with a comprehensive solutions to the most complex problems.

«We already work with multinationals in sectors such as electricity, water management, critical infrastructure and telecommunications. This financing round will allow us to grow in these markets and accelerate our European expansion.” David Purón CEO and Co-founder