HWS Concrete Towers — Seed

MONDRAGON Corporation led a capital increase in HWS Concrete Towers through its Fondo de Promoción, which is managed by Clave Capital and backed by ICO. The cooperative Matz Erreka and CDTI (through its INNVIERTE programme) co-invested alongside other minority shareholders. The equity amount was not disclosed; reports only say the fund's average ticket is about €500K. A bank pool (ABANCA, Sabadell, Caja Rural, Laboral Kutxa, with Elkargi and Luzaro guarantees) added more than €1M in loans. Before this, the company had received over €2M of EU Horizon 2020 grants, including €1,487,588 for the AirCRANE project. It later got Basque Government/FEDER R&D grants for AirBRID in 2023 and 2024.