ZEPREN Solutions welcomes investment from Ariño Smart Hub
Ariño Smart Hub will host ZEPREN Solutions headquarters

ZEPREN Solutions has closed a 150.000€ seed investment round led by Ariño Smart Hub (ASH) Foundation. Initially, the company will use this money to start activities in January 2022 and hire 3 employees. Moreover, ZEPREN will fund a technology transfer contract with the Photonics Technologies Group from University of Zaragoza.

The goal of the company is to develop radar and photonic instruments and sensors for Industry 4.0 applications. Particularly, the initial focus will be in environmental and renewable energy applications. “Indeed, there are very important challenges of the industry that we believe we can help solve” said Asier Villafranca, CEO of ZEPREN Solutions. “Above all, our business model is based on collaboration and open innovation. We are going to work closely with Universities, Technology Centers and market-leading partner companies”, he added.

As part of the deal, ZEPREN Solutions will set office in La Puebla de Alfindén (Aragón, Spain). To that end, ASH has set up a new business incubation center within the Ariño Duglass facilities. “Ariño Smart Hub has the goal to promote local R&D and contribute to its transformation into high-value industry and jobs” said Raimundo García-Figueras, President of Ariño Duglass.