Revenant

gruporevenant.com ↗ ·Alonsotegi ·Seed

Revenant is a Basque industrial startup that remanufactures high-tonnage forklifts, container handlers (reach stackers) and port/industrial towing tractors, rebuilding used machines to as-new condition and re-engining them with what it claims is Europe's first 100% biogas engine with Eco-DGT certification. Its pitch is circular economy and industrial decarbonisation, with claimed savings of ~30% on acquisition cost, ~35% on fuel and ~28% on maintenance, sold via purchase or renting plans; it has a 10-year agreement with engine maker BeGas to remanufacture around 2,000 port and industrial machines. Spun out of the Vibacar family forklift group in 2022, it raised a €3.3M capital increase from Basque funds and won the ON Bizkaia 2026 'Proyecto de Creación' award. It is headquartered in Alonsotegi, Bizkaia (Basque Country), having moved from Gordexola.

Founded

2022

Founders

Total funds raised

€3.3M

SectorsIndustrial machinery, Circular economy / remanufacturing, Ports & logistics equipment, Decarbonisation & clean energy, Manufacturing Start-up MapDeeptech & Hardware › Advanced manufacturing & industrial equipment

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Founders

Alex López Aller

Founder & CEO

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Notes: Most funded first

Investors 4

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www.seedcapitalbizkaia.eus

Seed 2025 Spain

Funding rounds 1

Date	Round	Amount	Lead
2025-05-29	Seed (estimated)	€3.3M	Lead not disclosed +4 more

News 3

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Published	Article
2026-05-05	Premio ON Bizkaia proyecto de creación – Revenant Industrial & Ports Machinery ↗ Beaz (Diputación Foral de Bizkaia) 2026-05-05
2025-05-29	Revenant closes a 3.3 million capital increase with Orza, Itzarri, Easo Ventures and Seed Capital Bizkaia that will allow it to make a leap in quality ↗ Capital-Riesgo.es 2025-05-29
2024-03-07	BeGas and Revenant seal a commercial agreement for the remanufacturing of 2,000 machines for ports with BioAutogas engines ↗ BeGas 2024-03-07