# Top 50 Energy Startup Investors in Spain in June 2026 ## Centre for the Development of Industrial Technology (CDTI) - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 14 - Stages: Grant, Seed - Focus: Biotechnology, Health Care, Software The Center for Industrial Technological Development (CDTI) is a public corporation under the Ministry of Economy and Competitiveness, which promotes innovation and technological development of Spanish companies. Is the entity which channels requests for funding and support to projects I + D + i of Spanish companies in the national andinternational levels. The CDTI has a staff of more than 300 people formed three quarters of engineers and graduates. Although the bulk of the infrastructure of the CDTI is located in Madrid, the Centre offers Spanish companies a strategic network of offices and representatives abroad (Japan -SBTO (Spain Business and Technology Office) - Belgium -SOST (Spain Office of Science and Technology) and Permanent Secretariat Eureka-, Brazil -FINEP (Financier of Studies and Projects) -, Korea, Chile, Morocco, China, India, Mexico and USA) to support them in their technological activities of type int . ## Big Sur Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 10 - Stages: Seed, Series A - Focus: E-Commerce, Software, Internet BSV invests early, commits personally and team up with exceptional founders to help build extraordinary companies. What we do: Seed Phase, Technology Based & Investments. ## SODENA - Type: VC Fund - Location: Pamplona, Navarra, Spain - Relevant deals: 9 - Stages: Debt Financing, Seed - Focus: Health Care, Biotechnology, Software SODENA is the main instrument of the Government of Navarre for the business development of the region. SODENA carries out its activities as a public limited company, with a majority direct shareholding of 65.42% by the Government of Navarre, and an indirect participation through Nafinco (14.58%). It also participates in the shareholding of GrupoCorporativo Empresarial Caja Navarra (20%), through TME 2001 CorpCan, S.L. ## Wayra - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 7 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS Wayra is a globally connected and technological open innovation hub in the world. We currently operate in 10 countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela.Through Telefónica our global presence allows us to be at the helm of innovation, shoulder to shoulder with drivenentrepreneurs and in a position to engage the right partners and leaders of industries for business. Our mission is clear, to connect innovators with Telefónica and generate joint business opportunities. We are the interface between Telefónica and entrepreneurial ecosystems across the globe because innovation makes good business sense. ## Angels Capital - Type: VC Fund - Location: Valencia, Comunidad Valenciana, Spain - Relevant deals: 7 - Stages: Seed, Angel - Focus: Software, E-Commerce, Health Care Angels Capital philosophy is to find and support at 1 able to lead a project. Their goal is to support the entrepreneurial, helping to create new businesses, help grow their business sector, generate employment and create wealth. ## JME Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 6 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS We help build cutting-edge companies like Flywire. Flywire's trusted and secure global payment platform keeps your money moving around the world. ## EIT Urban Mobility - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Transportation, Information Technology EIT Urban Mobility is an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. Europe’s leading community for impact-driven start-ups and scale-ups in urban mobilityWe want to move cities toward a more sustainable future by partnering up with start-ups and scale-ups like yours. Our Impact Venturesdivision gives you access to funding and support channels to deliver financial, environmental and social impact on the urban landscapes around us. Our tools are: Funding through grants and equity investments, Knowledge and training through partner-led programmes, networking and introductions through dedicated support to our equity portfolio companiesOur investments provide you with a boost on your growth journey, and our network connects you with the right stakeholders in the public policy sector — on a regional, national and European-wide scale — to put your company on the map and bring your urban mobility services to the people who need it the most.If you’re like us and have a drive to shape the cities of our future, join our community of engaged and esteemed impactful ventures by applying for one of the many different programs we offer. ## Seaya - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 4 - Stages: Series A, Series B - Focus: Internet, Software, Financial Services Seaya is an European VC investing in exceptional entrepreneurs who build global tech companies. ## ENISA - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 4 - Stages: Seed, Debt Financing, Pre-Seed - Focus: Software, Health Care, Information Technology ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects. ## Inveready - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 4 - Stages: Seed, Series A - Focus: Software, Biotechnology, Information Technology Inveready is a leading Spanish financial services firm focused on investment solutions and wealth management. ## Iberdrola - Type: VC Fund - Location: Bilbao, Pais Vasco, Spain - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: Energy, Manufacturing, Solar Iberdrola together with its subsidiaries engages in the production, switching, and distribution of electricity and gas worldwide. It generates electricity primarily through nuclear, fossil-fuel, and hydroelectric power. The company also engages in the retail of electricity under the tariff systems. In addition, IBERDROLA generates electricity fromrenewable energy sources, as well as engages in gas storage, and electricity and gas supply activities. Iberdrola is committed to the energy transition and has developed a sustainable business model based on renewable energy, smart grids, large-scale energy storage, and digital transformation to provide customers with advanced products and services. ## Faraday Venture Partners - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 4 - Stages: Seed, Series A - Focus: Software, E-Commerce, SaaS Founded in 2011, Faraday Venture Partners is a pan-European Venture Capital firm investing in European innovative early-stage startups via its network of Clubs of Investors and its own Funds. ## VICTORIA Venture Capital SCR-Pyme - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 4 - Stages: Seed - Focus: CleanTech, Manufacturing, Information Technology VICTORIA Venture Capital invests in spin-offs, providing equity from private investors and business advice. The company invests in the capital of spin-offs, which are new companies with cutting-edge technologies that emerge from Research Centers and Universities. The main sectors are cleantech and new advanced materials for Industry. VICTORIAprovides business advice, financial and corporate support to the founders of spin-offs, adding value to boost growth of these companies. ## Clave Capital - Type: VC Fund - Location: Pamplona, Navarra, Spain - Relevant deals: 3 - Stages: Seed, Series A - Focus: Biotechnology, Health Care, Software Clave is an investment management company. ## Acurio Ventures - Type: VC Fund - Location: Bilbao, Pais Vasco, Spain - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: Software, E-Commerce, Artificial Intelligence Acurio Ventures partners with visionary founders to make history happen. Acurio Ventures is a European early-stage VC that invests across sectors and business models and that relies on its entrepreneurial DNA, flexible approach and proven value add to partner with the best founders out there. ## Union Square Ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 3 - Stages: Series A, Series B, Seed - Focus: Software, Financial Services, FinTech Union Square Ventures is a venture capital firm based in New York City. ## Bonsai Partners - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 3 - Stages: Series A, Seed - Focus: Software, E-Commerce, Marketplace Bonsai Partners is a Venture Capital investment company based in Madrid, Spain. We invest in both primary and secondary opportunities in Tech startups from Europe. ## Repsol Foundation - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 3 - Stages: Grant, Seed - Focus: Internet, Software, Consulting Fundación Repsol is one of the means by which Repsol fulfils its commitment to social responsibility, acting as a channel for the group’s social and cultural work. Its objective is to contribute to social wellbeing, improve people’s quality of life, and achieve greater social, educational, environmental and cultural development, especially in theregions where the company operates.Fundación Repsol is Social Energy, reinforcing Repsol’s social commitment and calling. ## BeAble Capital - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 3 - Stages: Pre-Seed, Seed - Focus: Biotechnology, Manufacturing, Software BeAble Capital is a Science Equity Fund, therefore it is a pre-seed, seed and early stage venture capital management company specialized in the identification, valuation, launch and development of technologies in the sectors of advanced materials (nanotechnology and biotechnology), photonics, micro and nano electronics and Information andcommunications technologies (ICT) platforms.It acts as the link between scientific, entrepreneurial and investing worlds to promote the transfer of technology, the creation and the development of technology-based companies (start-ups) from private equity. The company is focused on strong intelectual property and long R&D background projects. Their work provide value at different stages of development by offering support in strategic points such as the identification of technologies, valuation, transfer, companies creation, fundraising, marketing, internationalization and administrative and managerial expertise. ## Moira Capital Partners - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 3 - Stages: Series A, Private Equity - Focus: Biotechnology, Information Technology, Apps Moira Capital Partners is private equity firm ## EASO Ventures - Type: VC Fund - Location: San Sebastian, Pais Vasco, Spain - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Health Care, Manufacturing Easo Ventures es una Sociedad de Capital Riesgo Vasca y Privada, cuyo objetivo es invertir en Startups y PYMES con proyectos de crecimiento. ## Pirate Impact - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 3 - Stages: Seed, Series C - Focus: Renewable Energy, Fuel, EdTech Pirate Impact is a Family office with focus on stage-agnostic direct investments in climate-tech & social impact companies in the EU & US. ## BStartup - Type: VC Fund - Location: Sant Cugat Del Vallès, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence A Banc Sabadell initiative to support young companies in developing their projects. Bstartup is designed to support entrepreneurs so their projects can be developed with maximum guarantees of success. - Investment and growth - Specialized products and branches - Collaborative innovation ## Draper B1 - Type: VC Fund - Location: Valencia, Comunidad Valenciana, Spain - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Information Technology We invest in you. Our commitment to innovation and entrepreneurship is your best ally to expand your business. Find out how we can boost your project! ## ESADE BAN - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Angel, Pre-Seed - Focus: Software, Internet, SaaS ESADE BAN is a Barcelona-based business angel network that works to advance entrepreneurship and investments in Spain. ## SOSV - Type: VC Fund - Location: Princeton, New Jersey, United States - Relevant deals: 3 - Stages: Seed, Convertible Note, Pre-Seed - Focus: Biotechnology, Health Care, Software SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment. ## ICF - Institut Català de Finances - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Debt Financing, Seed - Focus: Health Care, Solar, Energy ICF - Institut Català de Finances provides financial services. ## GoHub Ventures - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Internet of Things, Information Technology Ayudamos a startups deep tech a convertirse en grandes participantesen el sector del agua, industria 4.0 y smart cities. ## AENU - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: Renewable Energy, Software, CleanTech AENU is an evergreen impact fund that focuses on stage-agnostic long-term investments in climate-tech and social impact companies. ## Pelion Green Future - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Renewable Energy, Battery, CleanTech Together, accelerating the transition towards a decarbonized future. ## Exor Ventures - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Health Care, Information Technology Exor Ventures is the venture capital arm of Exor, one of Europe's largest diversified holding companies. Exor Ventures focuses on early and growth-stage investments in technology-driven companies across various sectors, including digital services, fintech, cybersecurity, and mobility. Exor Ventures leverages its strategic insights and globalnetwork to identify promising startups with disruptive potential and supports them through funding, mentorship, and access to its extensive resources. EXOR Seeds offers a truly different type of partnership to the select group of entrepreneurs that it backs:- As a fifth-generation family-led business, we proved that we are builders not traders;- Our permanent capital allows us to take a long-term view and put the interest of the companies We invest in first;- Our global network, across industries and geographies, is a unique advantage to entrepreneurs ## David Tomás - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed, Pre-Seed, Angel - Focus: SaaS, Artificial Intelligence, Software David Tomas is General Manager Cyberclick, group of companies specializing in online advertising and marketing, based in Barcelona, Madrid and Bogota, and awarded in December 2013 as Third Best Workplaces in Spain.He has over 15 years of experience in the online world. He is an engineer and completed a program of Entrepreneurship at MIT,Massachusetts Institute of Technology. In 2012 he was named one of the 20 most influential entrepreneurs in Spain, under 40 years, according to the Global Entrepreneurship Week 2012 and IESE.From Cyberclick, has developed a range of online advertising campaigns: web advertising, email marketing, mobile marketing, coregistros, etc. The objective of this group of companies is to improve the conversion of client campaigns. Specialize in online lead generation through search marketing actions. Only generate quality leads, create and manage mobile campaigns, inbound and email marketing, optimizing the cost of finding customers through online advertising. And also generate databases through coregistros. Cyberclick currently works for both Spanish and international companies from different sectors: education, NGOs, distance selling, or B2B e-commerce, among others.Likewise, David Tomas is a member of the board of Adigital, Spanish Association of Digital Economy, and the Board of Entrepreneurs Organization and actively participates in Founders Institute and SeedRocket, reference initiative in Spain for entrepreneurs with technology-based projects. In the latter, he has mentored projects like Deporvillage, Habitissimo, Captio and Social & Loyal, among others. He has spoken at various events and teaches marketing and ICEMD EADA. ## Sabadell Venture Capital - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Internet, E-Commerce Sabadell Venture Capital's main purpose is to support entrepreneurial Spanish projects during their initial stages (Seed and Early Stage). They want to be the financial partner of the startups and to be part of its innovative and transformative projects. They add value to the company through the different stages of its growth. Banco Sabadellis defined by its entrepreneurial spirit: “A bank by entrepreneurs, for entrepreneurs, helping entrepreneurs". ## SET Ventures - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Series A, Series B - Focus: Energy, Software, Renewable Energy SET propels founders from early growth to European scale. We invest in and grow the solutions powering the digital energy economy. ## Alma Mundi Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, InsurTech, Insurance We back bold and purpose-driven founders. ## AddVenture - Type: VC Fund - Location: Moscow, Moscow City, Russian Federation - Relevant deals: 2 - Stages: Series A, Seed - Focus: Internet, E-Commerce, Software AddVenture is a region & stage agnostic venture capital fund with a Russian origin. Our investment range is $1-10M. ## Pandaro Ventures - Type: VC Fund - Relevant deals: 2 - Stages: Pre-Seed - Focus: SaaS, Energy, Software Pandaro FMD 2006, SL ## François Derbaix - Type: Angel - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Seed, Angel, Pre-Seed - Focus: FinTech, Financial Services, E-Commerce Francois Derbaix is the Co-founder and co-CEO of Indexa Capital. He previously worked at Toprural as a Founder and CEO. Francois Derbaix attended the Catholic University of Louvain. ## Albert Armengol - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Apps, Mobile Apps Albert Armengol took up his MBA at Esade. ## Actio Ventures - Type: VC Fund - Relevant deals: 2 - Stages: Pre-Seed - Focus: SaaS, Energy, Software Actio Ventures SL, Barcelona ## Soria Futuro - Type: VC Fund - Location: Soria, Canarias, Spain - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Renewable Energy, Solar, Manufacturing The companies in which they invest are innovative and generating employment priority in the province of Soria. ## CDTI - Type: VC Fund - Location: Ventura, California, United States - Relevant deals: 2 - Stages: Seed, Debt Financing - Focus: Software, Information Technology, Health Care Developing combustion engine catalyst and coating technology to reduce emissions and improve fuel efficiency for clean energy production. ## Economistes BAN - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed - Focus: Gaming, Internet, Robotics With the aim of creating a business and entrepreneurship space that will allow you to find resources for entrepreneurs and make it possible for both our colleagues and other interested parties to invest in already existing and / or newly created companies, the Col The Economist of Catalonia has launched EconomistsBAN, a network of privateinvestors.Welcome to the EconomistsBAN web site. Attached you will find the most outstanding contents of the founding document as well as other information of interest. ## Zubi Capital - Type: VC Fund - Location: Valencia, Comunidad Valenciana, Spain - Relevant deals: 2 - Stages: Seed, Debt Financing - Focus: Health Care, Biotechnology, FinTech We create innovative impact investment and advisory solutions that incorporate current and future environmental and social opportunities and risks, as we believe these will benefit from a competitive advantage and improved long-term financial prospects. ## Avançsa - Type: VC Fund - Relevant deals: 2 - Stages: Series A, Private Equity - Focus: Energy, Clean Energy, Energy Efficiency Private equity arm of Generalitat de Catalunya . ## Neo - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, Machine Learning Neo is a diverse mentorship community, startup accelerator, and VC. We help awesome junior engineers become tomorrow's tech leaders and help startups build legendary teams. ## Grow Venture Partners - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Health Care, Artificial Intelligence, Biotechnology Venture Capital for Entrepreneurs with seasoned experts and advisors to succed in creating value in a meaningful way. Coaching and Mentoring Ideas People ## s16vc - Type: VC Fund - Location: New Castle, Delaware, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Artificial Intelligence s16vc is an early-stage founder-centric angel fund. The fund focuses on early stage technology investments, operating globally in Europe, and the US. We have brought together more than 80 founders & operators to support early stage companies in their growth. Fund partners are active founders and operators: - Oleg Bibergan - Co-founder &Co-Managing Partner at s16vc, venture investor & corporate finance executive with 15 years of experience spanning early, growth, and late stage deals as equity investor with GS SSG, Kismet Capital Group, and personal angel portfolio- Aleks Shamis - Co-founder & Co-Managing Partner at s16vc. Ex-Deputy CEO at Borzodelivery.com (global on-demand delivery business, operating in 10 countries)- Mike Peregudov - Founder & CEO at Pivot.ws (EdTech startup in the US market), Food Party (exit to Yandex)- Leo Batalov - Partner, Global Co-Head of Emerging Growth Companies & Venture Capital at DLA Piper, top international law firm- Egor Rudi - Founder & CEO at Profi.ru (leading services marketplace in Eastern Europe), Co-founder at Hands.ru (first Uber-like marketplace in home improvement market)- Tolya Marin - Founder at Payment systems (fintech company with profit per employee > PayPal & 20m installs/ 5m MAU)- Andrey Khusid - Founder and CEO of Miro, the world's most popular visual collaboration platformBeing founders ourselves, we are confident that people succeed, not ideas, and feel immense respect for every founder who perseveres to the point of creating impact and monetizable value. We invest in teams who share our values: - People succeed, not ideas- Community, not individual- Trust- Transparency- Intrinsic motivation to help- Pay forward- Beginner mindset ## Mission VC - Type: VC Fund - Relevant deals: 2 - Stages: Seed - Focus: Robotics, Logistics, Waste Management Mission VC is a venture capital firm. ## Foxconn Technology Group - Type: VC Fund - Location: Taipei, T'ai-pei, Taiwan - Relevant deals: 2 - Stages: Series A, Series B - Focus: Software, Hardware, Information Technology Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Taiwan. It is the world's largest electronics contract manufacturer, and the fourth-largest information technology company by revenue.The companymanufactures connectors for use in PCs in Taiwan and also manufactures connectors and cable assemblies worldwide. The company also manufactures enclosures, primarily for desktop PCs and PC servers. Foxconn is the registered trade name for the Company. Connectors & Cable Assemblies Connectors have applications in various industries - computers, automobiles, communications, consumer products, medical, and defense. Foxconn focuses on offering a range of connectors and cable assemblies for desktop and notebook PCs and PC peripherals. Approximately 500 types of connectors are produced and sold under the Company's own Foxconn brand name. Foxconn has branched into manufacturing connectors for communications and consumer products. PC Enclosures Foxconn manufactures PC enclosures for desktop computers. Depending on its client's specifications, the casings can be sold together with floppy disk drives, switching power supplies, connectors, cable assemblies, and riser cards. Foxconn provides integrated mechanical solutions for clients to deal with thermal, acoustic, environmental, mechanical, functional, and design problems.The Company primarily serves in Taiwan. In addition, it has distribution centers in various key cities in Asia, Europe, and America. Foxconn's principal manufacturing operations are based in Taiwan and mainland China. It has also set up production facilities in Europe and the United States. Foxconn is in the process of setting up new production facilities in Ireland and is also considering Central America as a production center. Significant Events Hon Hai Precision Industry Co., Ltd. has established a unit to enter the business of assembling liquid crystal display (LCD) televisions. The company and Chi Mei Optoelectronics Corp. have formed a joint venture, Ampower Holding Ltd, that makes inverters meant for television sets fitted with TFT-LCD screens. The company has formed a strategic partnership with United Keys, Inc. As part of this partnership, Foxconn would build display-key input devices using United Keys technology. Display keys are regular key switches with small OLED displays embedded in their tops. This allows interactive and image-based communication between software and users. On September 5, 2009, Sony Corporation announced that it had agreed to form a partnership with Hon Hai Precision Industry Co. Ltd. for the production of LCD TVs for the Americas region.