Baleuko

What Baleuko does

Baleuko, S.L. is a privately held Basque audiovisual production studio founded in 1993 and headquartered in Durango, Bizkaia. The company operates across six core service lines: animation (series and feature films including Momonsters, Iratxoak, and Campamento Garra de Oso), documentary production (cultural, historical, and thematic works such as Los Poderes de Lolo, Zortzitik Infinitura, and El Fin de ETA), television programming (long-running commissions like Ur Handitan on EITB), fiction, event production (including the Basque Parliament Elections 2024 and Emakunde Awards), and audiovisual content for interpretation centers and museums. Underpinning these is a New Tech R&D division that develops proprietary avatar animation systems (IFAV for automated meteorological content, ANIMEX for voice and motion capture-driven avatars, Emotional Avatars for the Metaverse), LiDAR/Unity-based 3D scanning pipelines, Vuforia-enabled AR experiences, mobile applications, and cultural video games.

The company's business model is B2B project-based commissioning, with revenue generated through co-productions and direct contracts with public broadcasters (ETB/EITB, RTVE, TV3), Basque and Spanish government bodies, and cultural institutions. GTM is sales-led, driven by industry reputation, 30+ years of continuous production activity, Goya Award nominations, and participation in major film festivals (San Sebastian, Malaga, Nantes, Charleston, Giffoni). Customer concentration is high — anchored by EITB as the primary commissioning broadcaster — with diversification across the Basque public-sector ecosystem including the Bilbao Basque Museum, Emakunde, and Basque Government departments. Pricing is not publicly disclosed and is determined per project through direct contracts.

Baleuko differentiates through rare specialization in Basque-language (Euskara) content production, an established content library spanning three decades, and proprietary avatar/AR/VR technologies developed through ongoing R&D. The company is a member of Spain's national film academy, the Spanish Association of Animation Production Companies, and the Basque Audiovisual Producers Association.

Name

Baleuko

Legal name

Baleuko, S.L.

Website

https://baleuko.eus

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Audiovisual Production Services

NAICS

Motion Picture and Video Production (512110), Motion Picture and Sound Recording Industries (512), Sound Recording Studios (51224)

SIC

Services-Motion Picture & Video Tape Production (7812), Services-Allied To Motion Picture Production (7819)

akta.pro primary industry

Outsourced Art/Audio Production Services (2D/3D, Animation, VFX, Audio/VO) (MPAFAKAM)

akta.pro secondary industry

Hybrid/Virtual Meetings Production & AV Services (THACAFAM)

Keywords

• Audiovisual production services
• Animation series production
• Documentary production
• Immersive AR/VR experiences
• Cultural interpretation content

Headquarters

HQ city

Durango

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Broadcast and TV Production: Production of television programs and series for ETB/EITB and other Basque/Spanish broadcasters. Revenue is generated through commissioned productions, co-productions with broadcasters, and project fees. Long-running shows like 'Ur Handitan' (season 9 in 2025) demonstrate sustained commissioned relationships.
2. Animation Production: Production of animated feature films and series, both independently and in co-production. Features include 'Campamento Garra de Oso', 'Iratxoak' series, and 'Momonsters'. Revenue comes from theatrical releases, broadcast rights, and co-production agreements.
3. Documentary Production: Commissioned and co-produced documentaries on historical, cultural, and social topics for broadcasters and cultural institutions. Examples include 'Guernica, el cuadro que cambió mi vida', 'El Fin de ETA', and 'Los Poderes de Lolo' (co-produced with RTVE).
4. Event Production and Management: Design, direction, and organization of live events including the Nelson Mandela Day 2024, Basque Parliament Elections 2024, and Emakunde Awards. Revenue generated through event production contracts.
5. Technology and Interactive Content: Development of apps, AR/VR experiences, and digital interactive content for cultural institutions, museums, and government bodies. Includes interpretation center audiovisual installations and educational technology projects.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

Baleuko is a Basque audiovisual production studio that produces commissioned and co-produced content across six core service lines: documentaries, animation (series and feature films), television programs, fiction, events, and Interpretation Center installations, together with a New Tech R&D line developing AR/VR experiences, 3D virtual avatars, mobile applications, and interactive video games. Its clients are primarily public broadcasters (ETB/EITB, RTVE, TV3), Basque Government bodies, and museums and cultural institutions. Productions are typically delivered in Basque (Euskara) and Spanish.

Product overview

Baleuko is a Basque audiovisual production company founded in 1993, operating across multiple production disciplines. Its portfolio is organized into six core service areas: Documentary Production (cultural, historical, and thematic documentaries covering Basque history, art, and social issues), Animation (animated series including 'Momonsters' and 'Iratxoak', and feature films such as 'Campamento Garra de Oso'), Television Programs (producing formats for EITB including 'Ur Handitan' and crime series 'Krimenak: Gure Kronika Beltza'), Fiction, Interpretation Centers (AV content for museums and heritage sites), and Events Production. Underpinning these is a dedicated New Tech R&D division that develops advanced technology products including IFAV (automated 3D avatar-based weather forecasting), ANIMEX (voice and motion capture-driven avatar animation), Emotional Avatars for the metaverse, 3D virtual avatars for live events, AR/VR experiences, mobile applications, 3D point cloud/VFX technology using LiDAR and Unity, and cultural/educational video games. The company also maintains an Interpretation Centers unit producing audiovisual content for museums and cultural sites.

Differentiator

Problem solved

Functional benefit

Products and services

• Documentary Production Services Commissioned and co-produced documentary production covering Basque history, art, music, social issues, and biographical subjects. Productions include 'Gernika Batailoia', 'El Fin de ETA', 'Zortzitik Infinitura', 'Los Poderes de Lolo', and 'Txirri Mirri eta Txiribiton'. Targeted at public broadcasters and cultural institutions.
• Animation Series Production of animated series for children and general audiences, including original IP such as 'Momonsters' (co-produced, 3 seasons) and 'Iratxoak' (3 seasons). Distributed on EITB's Primeran and the Gookapi children's platform.
• Animated Feature Films Production of animated feature-length films for theatrical and broadcast distribution, including 'Campamento Garra de Oso' and other productions featuring virtual 3D avatars. Nominated for the Goya Award for Best Animated Feature.
• Television Program Production Production of television programs and formats for Basque and Spanish public broadcasters, including the long-running social affairs program 'Ur Handitan' (9 seasons), crime documentary series 'Krimenak: Gure Kronika Beltza', and special event programs such as 'BT 2025' (Betizu gala).
• Fiction Production Production of fiction films and dramatic content in addition to Baleuko's documentary and animation work.
• Virtual & Augmented Reality (New Tech) Development of VR and AR experiences including AR applications for museums (Euskal Mitologia AR at Bilbao's Provincial Library), AR games like 'Elf Seeker' and 'Iratxoen Kantu Sekretuak', 360-degree virtual reality content, and LiDAR-based 3D scanning with Unity integration. Served to museums, cultural institutions, and broadcasters.
• Interpretation Center Content Production Audiovisual content production for museums and cultural interpretation centers, including projects for the Bilbao Basque Museum, EDAR de Galindo, Bengoela archaeological site, Bakio Txakoli, Nerja Museum, Santa Catalina Lighthouse, and other heritage sites. Deliverables include 360-degree videos, holograms, and 3D animations.
• Events Production Design, direction, and organization of live and televised events including the Emakunde Awards, Basque Parliament Elections coverage (2016 and 2024), Nelson Mandela Day 2024, Gipuzkoa Science and Technology Park 25th anniversary, and the 'Don't Be Dummy' road safety event. Targeted at government bodies and public institutions.
• IFAV: Integration of Forecaster Avatar in Virtual Space Standalone R&D product: an automated meteorological forecast content generation system in which a 3D avatar automatically interprets and voices text-based forecast data in a virtual 3D studio environment with 3D maps. Developed in collaboration with Meteobit and Vicomtech.
• ANIMEX: Avatar Animation from Voice and Motion Capture Standalone R&D product: an avatar animation system that animates expressive avatars from voice input and motion capture technology, enabling real-time expressive avatar animation.
• Emotional Avatars for the Metaverse Standalone R&D project: emotional avatar system for virtual and metaverse environments, with expressive virtual characters capable of emotional display in real-time virtual spaces.
• 3D Virtual Avatars for Live Events Custom 3D virtual avatar characters based on animated film personalities for live events and virtual environments. Examples include 'Pintxo' (from 'Zutik!'), 'Bilbi' (Bilbao's mascot avatar for 'Bilbo balioen hiria'), and 'Dummy' interactive avatar for the 'Don't Be Dummy' road safety events.
• Mobile Applications Mobile apps developed by Baleuko, including 'Kimu Zuhaitz Laguna' (Basque-language educational game promoting environmental awareness), 'Jolas Liburua - Amila eta Urrezko Orrazia' (digital interactive adventure about Basque mythology for children ages 5-8), and 'Izenaduba Basoa' (interactive digital trail app at Mungia's Olentzero house).
• Interactive AR/VR Games Interactive gaming content, including AR-based games such as 'Elf Seeker' (catch iratxoak in augmented reality) and 'Iratxoen Kantu Sekretuak' (singing and dancing iratxoak in AR), as well as educational game content embedded in the 'Kimu' and 'Jolas Liburua' apps.
• Gela Morea Immersive Gender Equality Project Immersive sensitization and training installation project promoting gender equality and preventing gender-based violence, implemented within an experiential container using next-generation technology. Commissioned by Emakunde (Basque Women's Institute).

Quantifiable outcome

• Goya Award nomination for Best Animated Feature — national-level recognition in Spain's top film awards.
• +1 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability8 records

Feature8 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• EmakundecoreStrategic or Co-development Partner · 1 January 2025Baleuko won Emakunde's public competition for the 'Gela Morea' gender equality project, which creates an immersive installation experience using next-generation technology to promote gender equality and prevent gender-based violence.
• RTVEcoreStrategic or Co-development Partner · 1 January 2024Co-production partner for the 'Los Poderes de Lolo' documentary (2024), celebrating the 40th anniversary of iconic Spanish TV program 'La bola de cristal'. RTVE (Radiotelevisión Española) is Spain's national public broadcaster.
• GookapiminorChannel Partner/ Reseller/ Distributor · 1 January 2024Gookapi is a digital platform that distributes Baleuko's children's animation content, including the 'Iratxoak' series and other animated shorts such as 'Mithy esploratzailea', 'Pintxo klima aldaketaren aurka', 'Lizen sormen tailerra', 'Hur ikasten', and 'Iratxoen kantu sekretuak'. Content will be available on Gookapi from February 2025.
• MeteobitcoreTechnology or Integration · 1 January 2021Collaboration on the IFAV (Integration of Forecaster Avatar in Virtual Space) project, which developed an automated digital system for generating meteorological content. Meteobit contributed meteorological data expertise that the 3D avatar interprets and vocalizes automatically.
• VicomtechcoreTechnology or Integration · 1 January 2021Collaborated with Baleuko and Meteobit on the IFAV project, contributing technology development expertise for the integration of the avatar system in virtual space. Vicomtech is a Basque research center specializing in visual computing and interaction technologies.
• Mara FilmsminorStrategic or Co-development Partner · 1 January 2015Co-production partner for the 'Gernika Batailoia' documentary (2015) alongside Baleuko. Mara Films contributed to the production of this documentary about the Basque battalion that fought in World War II.
• Arts and Sciences Cinematographic Academy of SpaincoreOthersMember of the Academy of Cinematographic Arts and Sciences of Spain (Academia de las Artes y las Ciencias Cinematográficas de España), Spain's national film academy.
• Spanish Association of Animation Production Companies (EVAE)coreOthersMember of the Spanish Association of Animation Production Companies (Euskal Animazio Ekoizleen Elkargoa / Asociación de Empresas de Animación de España), the national industry body for animation producers.
• Basque Audiovisual Producers Association (EKE)coreOthersMember of the Basque Audiovisual Producers Association (Ikus-entzunezkoen Euskal Ekoizleen Elkargoa), the regional industry association for audiovisual producers in the Basque Country.
• Xabier MadariagaminorOthersXabier Madariaga is a journalist and presenter who hosts and narrates Baleuko's 'Krimenak: Gure Kronika Beltza' TV program, bringing his established audience to the production.
• Onintza Enbeita, Ines Osinaga, Itziar Díez de Ultzurrun, Silvia Cantera, Iratxe Las Hayas, Nora ErrezolaminorOthersGuest panelists on season 9 of 'Ur Handitan' (2025) who contribute their expertise and personal experiences to discuss social topics including the impostor syndrome in women.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Txintxua Films: Basque production studio producing documentary, fiction, and TV content for EITB and other Spanish broadcasters. Operates in the same regional Basque audiovisual ecosystem with overlapping public-sector clients.
• Hampa Studio: Spanish animation and VFX studio with credits including Tad the Lost Explorer. Comparable in producing animation, VFX, and immersive content for international and Spanish clients.
• Ilion Animation Studios: Madrid-based animation studio with credits on major international productions. Larger competitor in Spanish animation with overlapping talent pool and co-production partnerships.
• La Claqueta PC: Andalusian production company producing documentaries, fiction, and TV formats for Spanish broadcasters. Comparable mid-sized regional studio competing for similar public-sector commissions.
• Ánima (Ánima Kitchent): Spanish animation studio producing feature films and series (e.g., Guardians of Oz, Cleopatra). Direct competitor in the Spanish animation industry competing for the same national co-production funding and broadcaster commissions.
• Irusoin: Basque audiovisual production company based in the Basque Country that produces feature films, documentaries, and TV content in Basque and Spanish (e.g., Loreak, Handia). Comparable in size, regional focus, and public-co-production model.

Broad incumbents

• Mediapro: Large Spanish media conglomerate producing film, TV, animation, and sports content globally. Acts as a broader incumbent in the same production space but with vastly greater scale and capital.
• BRB Internacional: Historic Spanish animation company behind Dragon Ball and other international IP. Established incumbent in Spanish animation with much broader global distribution and IP library.
• Filmax Entertainment: Spanish production and distribution company with both animation and live-action capabilities. Overlaps in animation production and Spanish-language content distribution.
• El Terrat: Spanish TV production company producing entertainment formats and factual programming. Overlaps in TV format production and Spanish broadcaster relationships, though at a larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Baleuko
• YouTubeyoutube.com/user/BALEUKO
• Facebookfacebook.com/272127139514447
• Instagraminstagram.com/baleuko
• LinkedInlinkedin.com/company/baleuko

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Baleuko