Axon Desarrollo Andalucía

Overview

Axon Desarrollo Andalucía is a private investment firm focusing on innovative projects in Andalusia, Spain. The firm manages a €40 million vehicle dedicated to supporting enterprises in the fields of innovation and digitalization. This funding is sourced from the European Regional Development Fund (ERDF) for the 2021-2027 programming period, a holding fund created by the European Investment Bank (EIB), and the Andalusian Government. The investment period is subject to availability until December 2027. The firm primarily invests in digital transformation projects, including the adoption and improvement of digital technologies across various internal management processes. Eligible enterprises include those registered in the register of innovative SMEs, fast-growing enterprises with annual growth of at least 20% in sales or direct employees over the past three years, and companies that have received funding from venture capital investors or EU RDI support schemes in the last 36 months. Axon Desarrollo Andalucía offers both equity and debt financial instruments, with initial tickets ranging from €1 million to €5 million, and the capacity to follow on. Co-investment by a private entity of at least 30% of the investment or loan amount is required. The firm seeks minority stakes in the capital of the invested companies.