Startup Europe Awards


MIRACOIL is the Spanish winner of Energy category

Country: Spain

Category: Energy

Project Aim: Converting several types of waste as feedstock into high-quality second-generation advanced biodiesel. This technology is known as thermos-mechanical cracking process (TMCP). The challenge remains to develop techniques that are economical and easily replicable, avoid environmental pollution and risks for human health, and reduce carbon emissions, just as promoting the circular economy in recovering the value from the waste.

What is the problem to solve?

Over the recent years, Municipal Solid Waste (MSW) management has been fast evolving from the conventional methods of landfilling, open-air burning, dumping in oceans, to more sophisticated methods. In addition, the enormous environmental and economical downsides of landfilling have reached the top of waste policy agenda and they are looking for alternatives to minimize landfilling, where policies tend towards zero-landfill and circular economy development. Similarly, treating MSW through incinerators which generate energy have proven to be seriously damaging to human health as carcinogenic dioxins are not eliminated even when sophisticated and very expensive filters are deployed. The challenge remains to develop techniques that are economical, easily replicable, avoid environmental pollution and risks for human health and reduce carbon emissions, while promoting the circular economy in recovering the value from the waste. MIRACOIL has been working for the last six years to change the way we treat and eliminate waste.

What does MIRACOIL do:

MIRACOIL commercializes a patented new technology that can convert several types of waste as feedstock into high-quality second-generation advanced biodiesel. This technology is known as thermos-mechanical cracking process (TMCP). The company’s vision agrees with environmental objectives to minimize waste generation, avoiding landfilling and incineration, and convert waste into a resource; in this case, a synthetic secondary fuel to substitute fossil fuels. The key innovation of the TMPC system lies in obtaining liquid hydrocarbons by cleavage of carbon and hydrogen molecules using various organic biomass waste feedstock.
The TMCP is a clean, efficient and flexible technology, an alternative to the current linear production-consumption system, reintroducing waste in the economic cycle, treating it locally and extending its life cycle. Thus, it contributes significantly to reduction of landfilling and encourages energy independence. Compared with competing solutions, TMCP is more profitable than competitive technologies that often have higher operational costs compared with the income they generate. TMCP’s disruptive technology presents numerous advantages over other existing waste treatment and disposal systems. A TMPC’s technology removes a broad range of waste treatment and disposal systems. A TMCP’s technology removes a broad range of waste (up to 85%) without the need to separate the input materials (except for glass, metal and recycled materials).

What MIRACOIL will do in the future:

In 2018, in Spain, MIRACOIL will manage the construction of the first demonstration industrial plant of the TMPC technology for the treatment of urban solid waste and plastics. At the same time, we will plan the commercial diffusion for the installation of other plants in Europe, Latin America and Africa.

What does Europe represent for the company?

Europe is for MIRACOIL a great opportunity to spread a disruptive, cleaner and more efficient technology than the current ones, internationalize its use and achieve collaborations that pursue the same objectives of environmental protection, solid waste disposal, oils, hospital waste and plastics for avoid that they end up contaminating the aquifer and marine environment and obtain funding for treatment plants and dissemination actions.

CEO’s testimony:

For me as CEO, this recognition is a reward for the effort applied by the technologist and the MIRACOIL team for the last five years and an opportunity to spread the usefulness of TMCP Technology.


SOLATOM is the Spanish winner of Climate category

Country: Spain

Category: Climate

Project Aim: offering industries a viable alternative to traditional solar projects, producing pre-assembled modules connected to form a solar plant. SOLATOM enables industries using fossil fuels, to cut their thermal energy costs by up to 37% with less than 3 years payback.

What is the problem to solve?

Two thirds of the energy consumption in the industrial sector is thermal energy, which is produced by expensive and polluting fossil fuels. In the case of heat intensive sectors, like food processing for example, thermal energy can represent more than 70% of the overall production costs squeezing companies’ margins and competitiveness. Industries looking for solar energy alternatives find that current technologies are only competitive at large scale (over 5MW), making them unviable for most industrials applications.

What does SOLATOM do:

Our design uses mirrors that follow the sun to concentrate the sunlight into a Receiving tube where steam or thermal oil is heated up to 300°C. All components are assembled in our module, which has the same size and transportability of a standard goods container. Once assembled, every module is calibrated and tested, before being shipped, avoiding costly on-site construction, and commissioning. All modules forming the solar plant are easily connected to the client’s production process, becoming operative just one hour after the delivery.

According to the EU-JRC, thermal energy consumption in south European industries amounts to 19.000M euro and grows by 7% each year. Our initial market is food industries located in south European regions which are facing high fossil fuel costs. We have begun in the Spanish market (200 companies C.14M euro). Internationalization will start in 2019, by sending modules built in our factory in Spain.

What did SOLATOM accomplished?

Traction: concept proven with pilot. Two projects have been sold to industries in the last three months, five more in the pipeline (+430k Euro). Invested by Lanzadera (one of the biggest startup accelerator in Spain). Climate KIC startup accelerator phase 2 and winner of the ClimateKIC Venture competition (Spain). Investment and funding: 320k Euro-Lanzadera, ClimateKIC, IVACE and Founders.


Miguel Frasquet (CEO), 6 years of experience in managing solar projects for industrial applications. Raul Villalba (CFO) MBA at LBS, 7years finance experience with solar companies, consultant firms and a cleanTech VC. Juan Martinez (CTO), 6 years of experience in designing and manufacturing industrials equipment in aeronautics. Carlo Terruzi (R&D), 5 years of experience in developing control systems. We also have Dr. Daniel Villalba (U. Stanford-COB) as energy advisor.

CEO’s testimony:

This Recognition represents the work of many people that believed in us, and it will be the first step towards big opportunity yet to come.


FuVex is the Spanish winner of SEUA 17 in the Space category

Country: Spain

Category: Space

Project aim: Fuvex wants to find a solution to:

  • Search and rescue in high seas where all the migrant crisis is happening in the Mediterranean Sea.
  • Forest fires that consume every year the nature of Southern Europe.
  • Marine pollution that is devastating the fauna of the oceans.

What are the instruments we can use to solve these problems?

Helicopters play a key role to solve these situations monitoring the area affected and providing critical data from the sky. However, helicopters are expensive (up to 7,5 M€ cost of acquisition and 3.000 €/hour of operation), complex and even dangerous tools, with 9 serious accidents only in Spain every year. Drones can disrupt emergencies and critical missions saving more than 78% costs without any personal risks.

Can drones be used in any situation?

Nevertheless, drones are not replacing helicopters due to two requirements that must be meet simultaneously:

-Legal issues: Long range operations are already permitted in most EU countries. However, in order to perform long range operations (Beyond Visual Line Of Sight) regularly, systems and procedures must be developed to bring trust into the technology.

-Aircraft Characteristics: Drones must be capable of fulfilling the missions presently carried out by helicopters. This means easy deployment and operation from any place and long flight range.

What do we do?

We are developing solutions to meet these requirements: a hybrid plane/multirotor aircraft with Vertical Take-Off and Landing from any flat surface that has double endurance than normal drones thanks to its plane cruise. In addition, we are co-creating the systems and procedures required to fly legally with key corporations being supervised by Spanish Authorities.

Who are we?

We are a team composed by 13 members, 4 of them are working full time. We are Professors, Ph.Ds, MBAs, an executive of an IBEX35 Corporation, engineers, etc. We started our project in 2013 and founded the company in 2015 after being selected by the Orizont Accelerator. We have signed a contract with the reference Spanish corporation in its segment to begin the implementation of our technology in their processes in emergency services and we are preparing two MoUs with two additional key institutions. We have raised more than 0,5 M€ and received an H2020 SME Phase I (14.04/15). We are spin-off of the Public University of Navarre and have an international patent.



Four startups will represent Cantabria at the Startups Europe Awards Spain 2018

Last Sunday was held in Torrelavega the First Open Competition for Entrepreneurship. The winners of this competition will represent Cantabria at the StartUp Europea Awards Spain 2018. This initiative of the European Commission and the Finnova Foundation is supported by the President of the European Parliament, the President of the Committee of the Regions, the Vice-President of the Economic and Social Committee and several Members of the European Parliament. StartUp Europe Accelerator of the Finnova Foundation also supports this initiative.

StartUp Europe Awards presents an award methodology for startups at local, regional, national and European level that encourages open innovation and collaboration between the different actors of the European ecosystem, through public-private partnerships to support entrepreneurs. In addition, it creates a network of contacts that will inspire and give visibility to all local startups so that, using this network, they can scale their services and products globally.

The Advanced Oxidation project focuses on the cleaning and disinfection of work centres in the food industry through the execution of oxidation processes using only cold water and dispensing with chemical components. This startup will represent the province in the Climate category.

Lombricultura Val del Mazo worm farming, winner of the  category Agritech, is focused on biotechnology applied to livestock.

Investalga AHTI with a project on algae culture for the extraction of added value compounds for biomedicine and biotechnology will be the representative of Cantabria in the  e-Health category.

Wetkube, with a project focused on the production and marketing of a system for the transport and acceleration of neoprene drying will represent Cantabria in the Green category.