Internxt has recently announce that it successfully closed a €206,000 seed equity investment round at a €2,000,000 valuation. This means that now an incredibly talented, selected pool of investors owns 10,30% of the company, and will now be able to help Fran Villalba Segarra (Internxt’s Founder, CEO and majority shareholder) in taking Internxt to the next level. Investors mainly included SociosInversores, Delwik Group, ESADE BAN, and ex-directives from companies as reputable as Telefonica and Vodafone.
In addition to that, Internxt also added €50,000 of debt-funding from Caixa Popular. So, overall, the company now counts with an additional €259,000of available capital. Internxt expects to keep raising funds throughout the upcoming years, in order to accelerate its growth.
These extra funds are expected to be spent throughout the upcoming years and will help Internxt grow significantly faster than if it functioned without this extra cash injection. This cash injection will help Internxt more effectively improve, market and sell its products.
The round was regulated by the CNMV, entity that supervises the correct functioning of corporate stock. This round is expected to have a very positive impact across all Internxt’s ecosystem. With the round proceeds and the revenues generated by Internxt, the company expects to increase its number of employees (development, sales) in order to keep improving X Cloud and creating further disruptive products. Additionally, Internxt expects to significantly increase its marketing expenditure throughout the upcoming years and reinvest all its earnings into further growth.
We are really excited about having closed this seed round and expect to take the company to a way higher level than that we’d have been able to take it without this extra cash injection