Gpa Innova

What Gpa Innova does

GPAINNOVA is a Barcelona-based technology group founded in 2013 (operating under legal entity Steros GPA Innovative, S.L.) that designs, manufactures, and commercializes industrial machinery for metal surface finishing. Its flagship DryLyte Technology is described as the world's first dry electropolishing system, replacing traditional liquid electrolyte processes with a dry suspension electrolyte to automate, standardize, and reduce the environmental footprint of post-processing metal parts. The company sells a complete product range from ultra-compact entry-level machines (DLyte Mini, priced under €10,000) through desktop and dental variants to mass-production industrial cells (DLyte PRO500, DLyte 10,000, DLyte Multiprocess), supported by recurring consumables revenue from DLyte Chemicals.

The company operates a multi-business-unit platform architecture beyond core surface finishing. Diversified subsidiaries include MURUA (liquid electropolishing for precious metals), SEABOTS (marine robotics and microplastic-filtering buoys), GPAMEDICAL (RESPIRA invasive ventilators), POWER INNOTECH (high-performance power electronics for e-mobility), SARSCH (industrial adhesives), and GPASPACE (NewSpace satellite manufacturing). The group distributes through six wholly-owned regional subsidiaries (Barcelona HQ, Sunrise FL, Monterrey, Hong Kong, Shenzhen, Żory Poland) plus a network of 60+ global distributors. In 2023 the group reported €35 million in revenue (34.6% YoY growth, seventh consecutive record year), with 96% of revenue international and operations spanning 40+ countries and 900+ clients.

Name

Gpa Innova

Legal name

STEROS GPA INNOVATIVE S.L.

Website

https://gpainnova.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Industrial Metal Finishing Machinery

NAICS

Industrial Machinery Manufacturing (3332)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550), Special Industry Machinery, Nec (3559)

akta.pro primary industry

Chemical Processing Equipment (Reactors, Mixers, Agitators) (IMAHAEAA)

akta.pro secondary industries

Electroplating & Metallization Chemicals (Cu/Ni/Au plating, additives) (IMAEAKAK), Conductive/ESD & EMI-Shielding Compounds (IMANABAH)

Keywords

• Metal surface finishing
• Dry electropolishing systems
• Industrial polishing machinery
• Marine robotics solutions
• Power electronics manufacturing

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Sales - DLyte Machines: Sale of dry electropolishing machines including DLyte PRO500, DLyte Desktop PRO, DLyte Mini, DLyte 10,000, and specialized machines for dental, healthcare, industrial, and carbide applications.
2. Chemicals and Consumables: DLyte Chemicals develops and manufactures consumables for DryLyte Technology used in DLyte machines. Generated 4.3 million euros revenue in 2023.
3. Professional Services: Commercialization of services and oversight of spare parts and maintenance of equipment for metallic surface finishing.
4. Power Electronics Solutions: Design, manufacturing, and marketing of high-performance power electronics, electrical equipment, and assemblies through POWER INNOTECH.
5. Medical Devices: Development and commercialization of medical devices including RESPIRA ventilators through GPAMEDICAL division.
6. Marine Robotics: Sale of autonomous marine robots, water drones, microplastic filtering buoys, and hybridization technology through SEABOTS.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

GPAINNOVA designs, develops, and manufactures industrial machinery for metal surface finishing, anchored by its patented DryLyte Technology — the world's first dry electropolishing system. The group operates through specialized business units covering dry and liquid electropolishing machines (DLyte, MURUA), consumable electrolytes, marine robotics, medical ventilators, power electronics, structural adhesives, and NewSpace satellite manufacturing services.

Product overview

GPAINNOVA is a technological platform consisting of multiple business units that develop and commercialize innovative industrial solutions. The core offerings center on metal surface finishing with the DLyte and DryLyte Technology brands (dry electropolishing machines for industrial, dental, and healthcare applications), supplemented by MURUA (liquid electropolishing for precious metals in jewelry). The group also operates in marine robotics through GPASEABOTS, medical devices via GPAMEDICAL (RESPIRA ventilators), high-performance power electronics through POWER INNOTECH, and aerospace via GPASPACE. Supporting products include DLyte Chemicals (electrolyte consumables), Sarsch Adhesives, and DLyte HUB cloud platform. The company operates as a platform-plus-modules architecture where DryLyte Technology serves as the foundational platform enabling multiple product lines across different industries.

Differentiator

Problem solved

Functional benefit

Brands

• DLyte: Dry electropolishing machines for metal surface finishing using patented DryLyte Technology for dental, healthcare, and industrial applications
• MURUA
• SEABOTS
• GPAMEDICAL
• POWER INNOTECH
• SARSCH
• GPASPACE
• DryLyte

Products and services

• DLyte Dry Electropolishing Machines Industrial dry electropolishing machines based on patented DryLyte Technology for automated metal surface finishing across industrial, dental, and healthcare applications; includes DLyte PRO500, Desktop PRO, Desktop Dental, DLyte 10, DLyte 10,000, Mini, Multiprocess, Hybrid Finish, TurboFlow, 100PRO, 10PRO Carbide, and 100PRO Automated Cell Carbide CT variants.
• MURUA Liquid Electropolishing Machines Liquid electropolishing systems for precious metals such as gold, silver, copper, brass, and palladium; delivers mirror finish in a single step for jewelry components and luxury goods.
• DLyte Chemicals (Electrolytes and Consumables) Develops and manufactures electrolytes and consumables for DryLyte Technology used in DLyte machines; generated €4.3 million revenue in 2023 with €1.8 million EBITDA.
• RESPIRA Device.com Advanced Ventilator Invasive mechanical ventilator that automates a manual resuscitation device to perform assisted ventilation modalities; developed for emergency and ICU use.
• SB100 PRO Water Drone (USV) Unmanned Surface Vehicle (USV) for exploration and preservation tasks in sheltered waters.
• eBlue Boat Hybridization Technology Automation and hybridization technology for recreational boats to reduce emissions.
• POWER INNOTECH Power Electronics High-performance power electronics solutions for e-mobility, aeronautics, water treatment, and renewable energy; includes charging buoys for hybrid and electric boats.
• SARSCH Structural Methacrylate Adhesives Advanced structural methacrylate adhesives providing maximum chemical adhesion to steel, aluminum, and high-performance composites.
• GPASPACE Satellite Manufacturing NewSpace spinoff providing satellite manufacturing capabilities with cleanroom facilities and partnerships with aerospace companies.
• Professional Surface Finishing Services

Quantifiable outcome

• 34.6% revenue growth to €35 million in 2023, seventh consecutive record year
• +4 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature10 records

Partnerships

14 partnerships are on record, tiered core, strategic and minor.

• ChamlioncoreChannel Partner/ Reseller/ Distributor · 1 October 2023Strategic dental partnership making Chamlion the exclusive dental strategic partner of GPAINNOVA in China. Partnership for joint research, development, and promotion of metal dental prosthetic surface finishing technology. Chamlion specializes in 3D printing for dental sector.
• Elliott Matsuura CanadacoreChannel Partner/ Reseller/ Distributor · 1 September 2023Strategic partnership making Elliott Matsuura the exclusive distributor of DLyte products in Canada. Elliott Matsuura has supplied and supported metalworking equipment in Canada since 1950, offering complete range including milling, turning, EDM, and metrology equipment.
• Indicate TechnologiesstrategicChannel Partner/ Reseller/ Distributor · 1 January 2023Distribution partnership on US West Coast for advanced manufacturing market. Focus on medical devices, consumer electronics, automotive, aerospace, orthotic/prosthetic labs, and jewelry sectors.
• Open CosmoscoreStrategic or Co-development Partner · 1 October 2022Aerospace company partnership to create a state-of-the-art laboratory for satellite manufacturing. Open Cosmos, based in the UK, designs and manufactures satellites. Both organizations contribute to the satellite manufacturing facility located at GPAINNOVA's Barcelona headquarters.
• Future: Fast Forward ConsortiumcoreStrategic or Co-development Partner · 1 January 2022POWER INNOTECH participates in Future: Fast Forward consortium led by Volkswagen and SEAT. Project registered with PERTE VEC to make Spain an EV hub in Europe. Consortium includes 62 companies from various sectors working to transform Spain into electric vehicle manufacturing center.
• LeitatstrategicStrategic or Co-development PartnerTechnology center collaborating with SEABOTS on Inmerbot project for deploying drones for underwater inspection tasks coordinated with other robots.
• Fraunhofer IGCVstrategicStrategic or Co-development PartnerCollaboration with Fraunhofer- Gesellschaft IGCV, pioneers in advanced manufacturing. Jointly developed Multi-Material Finishing Technology enabling simultaneous processing of multimaterial pieces while preserving distinctive characteristics.
• ACCIÓ - Generalitat de CatalunyacoreGTM or Marketing PartnerSupport from ACCIÓ's Next Generation Office for identifying opportunities in EU funds. The agency provides free advice and support to Catalan companies in accessing European funding. Albert Castellanos, Secretary of Enterprise and Competitiveness and CEO of ACCIÓ, participated in announcement of €3.7 million funding.
• SiemensstrategicStrategic or Co-development PartnerContributed to development of RESPIRA ventilator during COVID-19 pandemic alongside other major technology companies.
• SMC, TEG, and MAMstrategicStrategic or Co-development PartnerTechnology companies that provided decisive contribution to RESPIRA ventilator development during COVID-19 pandemic.
• Bionic Surface Technologies GmbHstrategicStrategic or Co-development PartnerAustrian company partnering in DryCoat European project to develop safe and sustainable metallic surface treatment process by replacing liquid electrolyte with solid electrolyte.
• CIDETECstrategicStrategic or Co-development PartnerSpanish research center partnering in DryCoat European project. Eurostars program funding of €1,020,037.50 supports the project managed by CDTI.
• SecphominorGTM or Marketing PartnerDeep tech cluster that organized workshops at GPAINNOVA's 10th anniversary on technological challenges in metal surface treatment and marine robotics with 60 technologists.
• Cluster MAVminorGTM or Marketing PartnerAdvanced Materials Cluster of Catalonia. Organized technical session on innovations in coatings, surface finishing, and functionalization of surfaces held at GPAINNOVA facilities.

Scale indicators18 records

Recent moves15 records

Expansion highlights6 records

Direct peers

• Saildrone: US-based developer of unmanned surface vehicles for ocean data collection. Comparable to GPAINNOVA's SEABOTS subsidiary in marine robotics, though focused on oceanographic and defense applications rather than microplastic filtration.
• Poligrat GmbH: German manufacturer of electropolishing equipment and chemicals for stainless steel and other metals. Directly competes with GPAINNOVA's DLyte line in the industrial metal surface finishing market, although Poligrat focuses on wet electropolishing rather than dry.
• Dentaurum: German dental equipment and materials manufacturer with finishing solutions for dental labs. Comparable to GPAINNOVA's dental segment (DLyte Mini, DLyte Desktop Dental) where automated cobalt-chrome polishing is required.
• Amann Girrbach: Austrian dental CAD/CAM and lab equipment manufacturer serving dental laboratories globally. Overlaps with GPAINNOVA's dental segment in serving dental labs requiring precise metal prosthetic finishing workflows.
• Hendor International: Dutch/Spanish manufacturer of electropolishing equipment for the metal finishing industry. Directly competes with DLyte machines in industrial applications, with similar focus on automation and chemistry integration.
• AHC-Oberflächentechnik GmbH: German specialist in metal surface treatment, including electropolishing, pickling, and passivation. Serves similar industrial customers (medical, aerospace, semiconductor) and offers comparable surface finishing equipment and chemistry.

Broad incumbents

• Rösler Oberflächentechnik: Global leader in mass finishing, shot blasting, and surface treatment equipment. Significantly larger and broader in portfolio than GPAINNOVA, but competes in the same industrial surface finishing end-markets with established customer relationships.
• Hamilton Medical: Swiss manufacturer of intelligent mechanical ventilators. Comparable to GPAINNOVA's GPAMEDICAL division and RESPIRA ventilator, with much larger scale and established ICU ventilator installed base.
• Wheelabrator Group: Global supplier of shot peening, surface preparation, and finishing equipment. A larger, established player with broader industrial coverage than GPAINNOVA, but overlaps in aerospace, automotive, and tooling surface treatment applications.

Emerging players

• Diener Electronic: German manufacturer of plasma cleaning and surface treatment systems for industrial and laboratory applications. Provides alternative surface finishing technology that competes for similar industrial and dental lab budgets as GPAINNOVA's DLyte systems.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@gpainnova
• LinkedInlinkedin.com/company/gpainnova-america
• Instagraminstagram.com/gpainnova

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries13 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gpa Innova