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

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Barbara - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)430,544560,835397,615.1378,948.8522,138.2---
% Revenue Growth (YoY)-30.3%(29.1%)(4.7%)37.8%---
EBITDA (USD)51,825.841,819.726,499.6(35,653.9)(87,358.7)---
Operating Income (USD)47,573.337,017.824,283.5(37,872.7)(108,502.6)---
Operating Margin11.0%6.6%6.1%(10.0%)(20.8%)---
% EBITDA Margin12.0%7.5%6.7%(9.4%)(16.7%)---
NET Income (USD)43,339.428,690.113,468.9(46,347.4)(79,348.8)---
% Net Margin10.1%5.1%3.4%(12.2%)(15.2%)---

Barbara - employee data

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