Ideko

Advanced Manufacturing R&D Servicesideko.es

Company typePrivate
Founded1985
HeadquartersElgóibar, Spain
Headcount101–250
GTM typeB2B
OfferingServices

What Ideko does

Ideko is a private technology centre (legally IDEKO S. Coop.) founded in 1985 in Elgóibar, Basque Country, Spain, specialising in advanced manufacturing and industrial production technology. It is a member of the Basque Research & Technology Alliance (BRTA) and operates within the Danobatgroup industrial ecosystem. Ideko organises its activity across four research groups — Dynamics and Control, Design and Precision Engineering, ICT and Automation, and Manufacturing Processes — supported by dedicated laboratories covering ultra-precision machining, composites, laser, inspection and measurement, high-performance dynamics and a Digital Grinding Innovation Hub.

The company's offering combines fee-based R&D services with productised proprietary assets. Service revenue comes from technology development, prototype design, consulting and European research project participation (Horizon 2020 / Horizon Europe), including leading roles in projects such as MC-SUITE (€4M, 12 partners, 2015) and INFINITE (2022). Productised assets include INNGUMA (a competitive intelligence and technology-watch software platform), ik-DAS (a portable vibration analysis device with eight diagnostic modules), an EMAT positioner for residual-stress measurement in railway wheels (validated with CAF), photogrammetry-based 3D vision systems for robotic machining, UV-cured glass-fibre reinforced polyester composite processes, and wireless amorphous-microwire sensor technology for in-service structural health monitoring of aerostructures. Revenue grew from €9.8M in 2021 to a reported €14.5M in 2025.

Ideko serves industrial enterprise customers primarily in aerospace (Collins Aerospace, ITP Aero), railway (CAF), machine tools (Soraluce, Fidia, Renishaw) and general manufacturing, working through direct R&D collaborations, technology-transfer agreements and EU consortium projects. The cooperative ownership model and absence of venture capital backing mean growth is financed organically and via non-dilutive public funding rather than equity rounds.

Ideko firmographics

Firmographics

Name: Ideko
Legal name: IDEKO S. Coop.
Website: https://ideko.es
Company type: Private
Founded year: 1985
Operating status: Operating
Headcount range: 101–250 employees
Ownership category
akta.pro rank

Ideko industry classification

Industry

Product category: Advanced Manufacturing R&D Services
NAICS: Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Industrial Machinery Manufacturing (3332)
SIC: Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Misc Industrial & Commercial Machinery & Equipment (3590), Special Industry Machinery (No Metalworking Machinery) (3550)
akta.pro industry: PRIMARYIMAGAGAC
Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers)
Industrials, Manufacturing & Construction/Electrical Equipment & Industrial Electronics/Industrial Electronics Manufacturing Services (EMS/ODM for industrial electronics)
SECONDARYIMAGAGAD
Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs)
Industrials, Manufacturing & Construction/Electrical Equipment & Industrial Electronics/Industrial Electronics Manufacturing Services (EMS/ODM for industrial electronics)

Keywords

Advanced manufacturing R&D
Precision engineering services
Vibration analysis systems
Composites manufacturing technology
Competitive intelligence software

Where Ideko is headquartered

Location

Headquarters

HQ city: Elgóibar
HQ country: Spain
HQ region: Europe

Offices2 records

Markets served

Ideko business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

R&D Services and Technology Development: Providing high value-added technological services, developing new technologies, incorporating technological improvements in products and/or processes, prototype design and development
European Research Projects: Participation in Horizon 2020 and other European research programmes with funding for advanced manufacturing projects
Innovation Methods and Tools: Sale of proprietary innovation management methodologies including Diverssia, Exploitt, Comode, and Compete methods

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Ideko product offering

Product offering

Core offering

Ideko is a private cooperative technology centre providing advanced manufacturing R&D services to industrial companies, including technology development, prototype design, incorporation of technological improvements in products/processes, and high-value-added technological services. It also sells proprietary products such as the INNGUMA competitive intelligence platform, the ik-DAS portable vibration analysis device, the EMAT positioner for railway wheel inspection, and photogrammetry-based 3D vision systems, while licensing innovation methodologies (Diverssia, Exploitt, Comode, COMPETE) to enterprises.

Product overview

IDEKO is a technology center specialized in manufacturing and industrial production technology, providing differentiating technological solutions to enhance company competitiveness. The portfolio includes proprietary software platforms (INNGUMA for competitive intelligence, ik-DAS for vibration analysis), specialized hardware products (EMAT Positioner for railway wheel inspection, photogrammetry-based 3D vision systems for robotics), and technology services (precision grinding, composites manufacturing, wireless sensors for aeronautics). The offering is organized around four research groups: Dynamics and Control, Design and Precision Engineering, ICT and Automation, and Manufacturing Processes, supported by specialized laboratory facilities.

Differentiator

Problem solved

Functional benefit

Brands

INNGUMA: Competitive intelligence and technology watch software platform developed by IDEKO for automatic monitoring of areas of interest for companies
ik-DAS

Products and services

INNGUMA

Quantifiable outcome

Reduced inspection times for railway wheels through EMAT positioning device
+1 more outcomes

Companies that use Ideko

Customer profile

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Ideko technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature8 records

Ideko partnerships and signals

Strategic signal

Partnerships

20 partnerships are on record, tiered core, major and minor.

BRTA (Basque Research & Technology Alliance)coreStrategic or Co-development PartnerIDEKO is a member of BRTA, an alliance of Basque research centres working together to advance research and technology development in the Basque Country
ITP AerocoreStrategic or Co-development PartnerAerospace engine manufacturer; signed agreement with IDEKO to drive R&D in aerospace sector
GAIKERcoreStrategic or Co-development PartnerBRTA member research centre collaborating in European projects including INFINITE
RISE (Sweden)coreStrategic or Co-development PartnerResearch centre specialising in electronics and magnetism; consortium partner in INFINITE European project
AMRC (University of Sheffield Advanced Manufacturing Research Centre)coreStrategic or Co-development PartnerUK research centre specialising in advanced manufacturing; consortium partner in European projects
UPV/EHU (University of Basque Country)coreStrategic or Co-development PartnerUniversity research institution; consortium partner in European projects
TEIJIN (Germany)majorStrategic or Co-development PartnerCarbon fabrics manufacturer; industrial partner in INFINITE European project for aerospace composites
Collins Aerospace (Ireland)majorStrategic or Co-development PartnerAeronautical components manufacturer; part of industrial advisory panel in European projects
TAMAG (Spain)coreTechnology or IntegrationUPV/EHU spin-off; will manufacture sensors to be incorporated into composites
AEROFORM (France)majorStrategic or Co-development PartnerComposites repair specialist; consortium partner for validating composite manufacturing technologies
TITANIA (Spain)majorStrategic or Co-development PartnerAeronautical components testing and validation; consortium partner in European projects
RECICLALIA (Spain)minorStrategic or Co-development PartnerStart-up working on recycling solutions for end-of-life composite material structures
SoralucecoreStrategic or Co-development PartnerBasque machine tool company belonging to Danobatgroup; consortium partner in MC-SUITE European project
Mondragon UnibertsitateacoreStrategic or Co-development PartnerUniversity; consortium partner in European research projects
Fidia (Italy)majorStrategic or Co-development PartnerCNC machine manufacturer; consortium partner in MC-SUITE European project
Sintef (Norway)coreStrategic or Co-development PartnerResearch organisation; consortium partner in European advanced manufacturing projects
Aeromec (Spain)majorStrategic or Co-development PartnerEnd-user validating results of MC-SUITE project in industrial environment
DanobatgroupcoreStrategic or Co-development PartnerParent group of machine tool companies; IDEKO is part of Danobatgroup's information security policy
RenishawmajorStrategic or Co-development PartnerEngineering and manufacturing technology company; inaugurated new R&D space in Basque Country with IDEKO for advanced manufacturing innovation
CAF (Construcciones y Auxiliar de Ferrocarriles)coreStrategic or Co-development PartnerRailway equipment manufacturer; validated EMAT positioning device at industrial level

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Ideko competitors and assessment

Company assessment

Direct peers

TNO (Netherlands Organisation for Applied Scientific Research): Dutch applied research organisation with strong manufacturing industry and built-environment programmes. Competes with IDEKO for Horizon Europe funds and large industrial clients across aerospace and industrial automation.
Fraunhofer Society: Germany's leading applied research organisation with multiple institutes dedicated to manufacturing technology, production systems and automation. Closest functional analogue to IDEKO in scale, funding model (mix of public R&D and industrial contracts) and European project leadership.
TECNALIA: Spanish/Basque applied research centre that is itself a member of the BRTA alliance alongside IDEKO. Directly comparable in size, sector focus (manufacturing, industry 4.0) and participation in Horizon Europe consortia.
RISE Research Institutes of Sweden: Swedish state research institute active in electronics, magnetism and industrial digitisation. Listed as a direct consortium partner with IDEKO in the INFINITE European project, making it a comparator in scope and project portfolio.
Manufacturing Technology Centre (MTC): UK-based RTO delivering applied manufacturing R&D to aerospace, automotive and rail OEMs. Closely comparable mission of bridging research and industrial production; competes for similar Horizon Europe and bilateral industrial contracts.
AMRC (University of Sheffield Advanced Manufacturing Research Centre): UK applied research centre focused on advanced machining, composites and digital manufacturing. Active European consortium partner with IDEKO (MC-SUITE) and competing for similar EU and aerospace/rail R&D budgets.
AIMEN Technology Centre: Galician applied research centre specialising in manufacturing technologies, materials and robotics. Same country, same European funding environment and similar customer verticals (automotive, aerospace, industrial), making it a near-direct Spanish peer.

Broad incumbents

SINTEF: Norway's largest independent research institute, active in materials, marine, energy and advanced manufacturing. Listed MC-SUITE partner of IDEKO and competitor for EU advanced manufacturing project funding.
VTT Technical Research Centre of Finland: Finland's national RTO with much broader thematic scope (energy, biotech, ICT). Larger scale competitor in Horizon Europe manufacturing calls, especially in industrial AI and digital twins.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Ideko financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ideko leadership team

Management profile

Number of profiles

Profiles8 records

Ideko funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Ideko M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Ideko

What does Ideko do?

Is Ideko a public or private company?

Ideko is a private company. It is classified as management employee owned and is currently operating.

When was Ideko founded?

Ideko was founded in 1985. It employs 101 to 250 people.

Where is Ideko based?

Ideko is headquartered in Elgóibar, Spain, in the Europe region.

How does Ideko make money?

Three revenue lines are on record. R&D Services and Technology Development is the primary driver. The others are european Research Projects and innovation Methods and Tools.

Who are Ideko's main competitors?

Direct peers on record are TNO (Netherlands Organisation for Applied Scientific Research), Fraunhofer Society, TECNALIA, RISE Research Institutes of Sweden, Manufacturing Technology Centre (MTC), AMRC (University of Sheffield Advanced Manufacturing Research Centre) and AIMEN Technology Centre. Broad incumbents are SINTEF and VTT Technical Research Centre of Finland.

Does Ideko have an API?

No public API is recorded for Ideko.

What industry is Ideko in?

Ideko's product category is Advanced Manufacturing R&D Services. Its primary akta.pro industry code is IMAGAGAC, Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers), with a secondary code of IMAGAGAD, Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs). Its NAICS code is 334511 and its SIC code is 3812.