Barbara
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Barbara - overview
Established
2016
Location
Bilbao, -, Spain
Primary Industry
Software
About
Based in Spain, Barbara IoT S. L. specializes in providing advanced Edge AI solutions to industrial companies, facilitating on-site deployment and management of AI models and edge applications. Barbara IoT S.
L. is a technology firm focusing on Edge AI solutions for industrial applications. Founded in Madrid, Spain in 2016 by Javier Agüera, Miguel Otero, and Pablo Portero. In February 2026, Barbara raised EUR 4.
5 million in venture funding led by Aramco Ventures, with participation from Caixa Capital Risc and Iberdrola. The company is demonstrating a commitment to innovation in the smart grid industry. Barbara offers an advanced Edge AI platform that enables industrial companies to deploy, run, and monitor edge applications and AI models directly on-site. This core product allows for simplified infrastructure management compared to typical cloud solutions, supporting Docker-based applications and seamless AI model integration across diverse hardware.
Targeted industries include energy, water management, and manufacturing. Customers, such as ACCIONA and CUERVA, implement Barbara's technology to improve operational efficiency and reduce costs, with capabilities to connect both legacy and modern equipment across European markets. Barbara generates revenue by licensing industrial Edge AI software, charging subscriptions and enterprise contracts for deployment, integration, maintenance, and scaling solutions across energy sectors. Following the EUR 4.
5 million funding raised in February 2026, Barbara aims to support growth across international market. The funding will support the development of new products tailored for these target markets, enhancing the company's overall service offerings and addressing emerging challenges faced by industrial sectors.
Current Investors
Seed Capital de Bizkaia, GoHub Ventures, Caixa Capital Risc
Primary Industry
Software
Sub Industries
IT Security/Cybersecurity, Monitoring & Security Software, Application Integration Software
Website
www.barbara.tech/
Verticals
Artificial Intelligence, Cloud Computing, IoT (Internet of Things)
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Barbara - timeline of key events

Barbara - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 430,544 | 560,835 | 397,615.1 | 378,948.8 | 522,138.2 | - | - | - |
| % Revenue Growth (YoY) | - | 30.3% | (29.1%) | (4.7%) | 37.8% | - | - | - |
| EBITDA (USD) | 51,825.8 | 41,819.7 | 26,499.6 | (35,653.9) | (87,358.7) | - | - | - |
| Operating Income (USD) | 47,573.3 | 37,017.8 | 24,283.5 | (37,872.7) | (108,502.6) | - | - | - |
| Operating Margin | 11.0% | 6.6% | 6.1% | (10.0%) | (20.8%) | - | - | - |
| % EBITDA Margin | 12.0% | 7.5% | 6.7% | (9.4%) | (16.7%) | - | - | - |
| NET Income (USD) | 43,339.4 | 28,690.1 | 13,468.9 | (46,347.4) | (79,348.8) | - | - | - |
| % Net Margin | 10.1% | 5.1% | 3.4% | (12.2%) | (15.2%) | - | - | - |
Barbara - employee data


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