ICO, through Axis, to invest €3.6 million in KD, a Spanish microelectronics company specialising in optical communications
14 mayo 2026
- The investment will be made through Fond-ICO Crecimiento, one of the four funds managed by the ICO’s venture capital arm
- The company’s technology is particularly focused on the automotive sector, and the investment will enable the creation of its own assembly and testing plant in Spain, positioning KD as a driving force within the Spanish technology industry
ICO, through AXIS, its wholly owned venture capital company, has approved an investment of €3.67 million in KD, a Spanish company specialising in microelectronics for high-speed optical communications. The technology developed by KD enables the reliable and efficient transmission of large volumes of data in challenging environments such as the automotive sector.
This technological proposition, applied to the automotive sector, addresses the sharp increase in bandwidth requirements within vehicles, driven by the proliferation of cameras, sensors and AI systems that enable the deployment of autonomous and connected vehicles.
With the funds raised, the company plans to establish its own assembly and testing plant in Spain, with the aim of accelerating industrialisation, strengthening the domestic value chain and enhancing its competitive positioning in the medium to long term. The future plant will enable KD to become a key driver for the Spanish technology industry.
KD’s technology is also applicable across other fields, including data centres, robotics, rail and precision agriculture, as well as in strategic sectors such as security, defence and aerospace, where high-speed, secure, reliable and robust data transmission is critical.
In addition to the backing of Corning, a multinational company that develops and manufactures advanced materials used in telecommunications, electronics, automotive and environmental industries, KD is also supported by leading investors in the Spanish technology ecosystem, including Kibo Ventures, Bullnet Capital and Caixa Capital Risc. The company has also received public support through the Innvierte co-investment programme for innovative companies, managed by the Centre for the Development of Industrial Technology (CDTI).
With this initiative, Axis reinforces its commitment to innovative technological solutions with a high economic and social impact, contributing to greater efficiency and operational capacity across key sectors of the economy.