Making Science has obtained a co-investment loan in the amount of 2.5 million euros charged to the Fund for Investments Abroad (FIEX), with the aim of bolstering its expansion outside Spain and giving an additional boost to its Artificial Intelligence (AI) projects, as it has reported this Tuesday.
These resources will be used to finance artificial intelligence projects developed in Spain, channeled through the divisions of Innovation Awake Venture Studio and the technology area and AI applied to "marketing raising".
In a similar way to what happened with the growth and internationalization process of "ad-machina", the agentic marketing platform, the new technological solutions will be commercialized through Making Science's international network, which will make it possible to increase the export of high value-added digital services and consolidate abroad the technological solutions designed in Spain.
In total, the transaction is part of an investment close to 5 million euros, which highlights the company's effort to strengthen its technological capabilities and in artificial intelligence. This commitment is aimed at driving the group's growth by attracting global clients, entering new markets, and increasing the sales volume.
Cofides had previously supported Making Science in its international expansion strategy, and is doing so again in this new phase. In 2021, the entity supported, with FIEX financing, the acquisition of companies in Italy, France, and the United Kingdom. In addition, through the Spain Oman Private Equity Fund (SOPEF), it took part in the acquisition of a stake in the subsidiary Making Science Marketing & AdTech in order to accelerate its development in international markets.