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SODENA

SODENA is the financial support instrument of the Government of Navarra, Spain, focused on attracting and developing value-added business projects to enhance regional economic and social development. It integrates ESG factors into its investment processes.

Website
sodena.com
Founded
1984
Recorded stages
Seed, Friends Family, Accelerator, Growth Equity
Recorded regions
Europe

Online destinations

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Overview

SODENA, or Sociedad de Desarrollo de Navarra, is a financial support instrument established by the Government of Navarra to attract and develop value-added business projects in the region. Founded in 1984 and wholly owned by the Corporación Pública Empresarial de Navarra (CPEN), SODENA aims to enhance regional competitiveness through financial backing and support for entrepreneurship. The organization integrates environmental, social, and governance (ESG) factors into its investment processes, aligning with sustainable development goals. SODENA has a history of investing in various sectors, including renewable energy, biopharmaceuticals, and agri-food, and actively participates in the growth of Navarrese businesses.

Focus

Sodena invests in and supports the growth of businesses in Navarra, focusing on projects that enhance regional competitiveness. It provides financial backing through various instruments and promotes entrepreneurship, collaboration among businesses, and the establishment of new enterprises in the region. The organization is involved in sectors such as electric mobility, sustainable food, green energy, personalized medicine, sustainable tourism, and the audiovisual industry.

Support

Sodena acts as an active venture-capital partner, participating at the board level, providing a contact network, and backing unlisted high-growth companies through loans or capital. It focuses on projects with significant impact in Navarra and supports businesses that may have difficulty accessing traditional bank finance.

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