CATALAN ECONOMY

Time to discover Catalonia’s 10 most disruptive companies

27.07.2022

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10 Catalan companies have received the distinctive label of 'Catalonia Exponential Leaders', which recognizes them as Catalonia’s most disruptive companies.

They have been selected by Catalonia Trade & Investment for being a source of inspiration in the field of disruptive innovation.

The award takes into account different criteria such as their positive impact on society, their differential value proposition, the possibility of exponential growth and international scalability, their team, and their business culture.

The selected 10 most disruptive Catalan companies are BMAT, Flax & KaleGPAInnova, Kave HomeUriach, Able Human Motion, AllRead Machine Learning, Fregata Space, Innovamat and Integrative Therapeutics.

The recognition was announced during Exponential Day #4, an event organized by Catalonia Trade & Investment on July 21st at the Barcelona Science Museum – CosmoCaixa. Exponential Day #4 brought together more than 400 entrepreneurs to reflect on how to build a disruptive culture in businesses.

The keynote speaker at Exponential Day #4 was Simone van Neerven, founder of ReBella, a company dedicated to highlighting the most innovative and rebellious talent of companies.

The 10 most disruptive Catalan firms are startups and companies mainly dedicated to the fields of health, food, education, new space, or digitization.

Their innovations are based on new business models and the application of exponential technologies such as big data, robotics, the Internet of Things (IoT), Artificial Intelligence, and advanced biotechnology, among others.

ABLE HUMAN MOTION

Aiming to help everyone move and walk, ABLE Human Motion has pioneered the creation of a new generation robotic exoskeleton that is lighter and cheaper than current ones based on technologies such as robotics, big data and the cloud.

ALLREAD MACHINE LEARNING

Detecting, reading and digitizing from any camera to ensure the traceability of goods has been AllRead Machine Learning’s main objective, in addition to reducing CO2 costs and emissions and improving reliability, predictability and safety in operations.

BMAT

BMAT is a music industry operating system that applies Artificial Intelligence and Big Data to maximize the value of music and fairly recognize and retribute its creators.

FLAX & KALE

Flax & Kale is an innovative food company that aims to be a driving force for change through healthy, tasty, and sustainable food. In addition to its main catering business, thanks to its focus on R&D&I the company has made the leap to mass market consumption.

FREGATA SPACE

Based on satellite images, Fregata Space instantly determines air and water quality anywhere on the planet and at any time.

GPAInnova

GPAInnova is a tech-based SME that through projects such as GPASEABOTS combines state-of-the-art technologies for the inspection and preservation of the marine environment.

INNOVAMAT

Innovamat is a startup that has developed a new concept to teach mathematics in a more competitive, experiential, manipulative and personalized format, already present in 1,200 schools.

INTEGRATIVE THERAPEUTICS

With the development of advanced biotechnology and genetics, Integrate Therapeutics has created a gene writing platform to prevent and cure genetic and oncological diseases inserting DNA fragments into the genome.

KAVE HOME

Thanks to technology, end-to-end digitization of the value chain and the use of new materials, Kave Home hascompletely transformed itself by creating a new business model offering a range of furniture based on sustainability and taking advantage of e-commerce channels.

URIACH

Uriach has hugely transformed its core business by pivoting from a classic model of the pharmaceutical industry towards natural consumer healthcare. The company develops highly innovative products based on natural ingredients that connect to the global trend towards sustainable products.

Exponential Day #4: disruption and rebellion

Through Exponential Day #4, Catalonia Trade & Investment encourages disruptive innovation and exponential attributes to help companies face changes in the environment and turn threats into opportunities.

Attendees at Exponential Day #4 were able to immerse themselves in the metaverse through virtual reality glasses and in an immersive room, as well as make their own avatar or their first NFT.

At the event, the Secretary of Business and Competitiveness from the Government of Catalonia, Albert Castellanos, stated: "The key element for the transformation of any organization is cultural change, a change in mentality, and ultimately, in people."

Castellanos described the 10 Catalonia Exponential Leaders as "the most rebellious companies of the moment, an example of the path to take to develop new business models". Some examples show, in his opinion, "that disruptive innovation is a risky leap but that it can give far greater benefits".

The General Director of Innovation and Entrepreneurship, Lluís Juncà, assured: "We are making progress in the push to get more companies to move from incremental innovation to more disruptive innovation ever since the Catalonia Exponential program began in 2019.”

“This is very important to inspire other companies and entrepreneurs to create the business models that will transform the future”, Juncà added.

The future of disruptive companies

According to data from Catalonia Trade & Investment, disruptive companies expect to achieve greater impact in 2022 than all innovative companies.

These forecasts include an increase in turnover (78% of companies that make disruptive innovation assure that they will increase it), job creation (30%), and income from licensing and royalties (18%).

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Source: Barometer on Innovation and Digital and Green Transformation in Catalonia by ACCIO- Catalonia Trade & Investment.