[Funding alert] Madrid-based LUDA Partners Secures €12 Million in Funding

Tuesday 13, 2024 | By Team SR

Madrid-based LUDA Partners Secures €12 million in funding. Invested through Moira Capital Partners, a private equity fund.

Madrid-based LUDA Partners Secures €12 million in funding. Invested through Moira Capital Partners, a private equity fund.

With this funding, LUDA Partners will be even more strengthened and will be able to build the most advanced, sustainable, and efficient technology possible for the benefit of networked community pharmacies.

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In this sense, the business keeps working to improve its offering, making it even more reliable and accurate, all the while growing into new European countries, like Ireland.

This calculated move serves to strengthen its position both domestically and internationally, allowing for the implementation of its cutting-edge digital solutions and advancing the effectiveness and progress of pharmacy worldwide.

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The value proposition of LUDA Partners demonstrates a genuine need in the market, demonstrating that pharmacies all over the nation are prepared to increase their online presence by utilizing technology and the agreements the company has signed with the leading national and international laboratories and expedited commerce leaders.

The company, which was started in 2017 by Daniel de Carvajal, Luis Martín, and Marcos Alves, is largely focused on digitalizing pharmacies in Spain. This financial commitment helps the company expand and thrive. With this investment, Moira, under the leadership of Javier Loizaga, has contributed significantly to LUDA's continued progress.

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Daniel de Carvajal, co-founder of LUDA Partners, commented: “I am very pleased to have successfully concluded this investment for several reasons. The main one is the quality of our partners, who, after an exhaustive analysis process, have seen the work and metrics of LUDA, which validates us and adds a lot of value to a company in which pharmacists themselves are the shareholders.“

Sebastián Cerezo, a partner at Moira Capital, said: “Once again, we demonstrate our commitment to innovation in traditional sectors. We are convinced that LUDA Partners’ contribution to the digitalization of a key sector for Spanish healthcare, such as the pharmaceutical industry, will significantly improve the lives of many people”.

Furthermore, the importance of entrepreneurship and the introduction of cutting-edge technical projects is emphasized, along with a declaration of trust in LUDA Partners' ability to significantly improve the health of every Spaniard.

Read also - Aarhus-based Holdbar Secures $3.5Million in Funding

About LUDA Partners

Their goal at LUDA Partners is to completely transform the pharmacy industry! They are the first and only creative neural network that makes it easier for pharmacies to communicate and find prescription drugs that are out of stock. The company was created in 2017 by and for pharmacists with the intention of assisting the pharmaceutical industry in going digital and easing the difficulties associated with medicine shortages in Spain.

Read also - UK-based Navro Secures USD14Million in Funding

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