xNova International funding news – Madrid-based xNova International Secures €1 Million in Seed Funding

The round was led by Abac Nest Ventures, with support from Juan Roig’s investment arm Angels, Banco Sabadell’s BStartup, and other investors.

Amado Villar, CEO and Co-founder of xNova International. “At xNova, we are redefining how exporting companies access international markets, supporting them with data and technology in an increasingly competitive global market,” “This investment will allow us to achieve global data coverage and continue our expansion efforts into other European markets.”

xNova aims to improve export departments with its market intelligence software. The platform helps businesses find opportunities and avoid risks in international markets.

Their clients include leaders in industries like food & beverages and construction materials, helping them become more competitive and open up new business opportunities abroad.

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With this new funding, xNova will expand its data coverage globally, helping export businesses find opportunities and connect with clients worldwide.

The xNova platform uses millions of trade data points along with AI and Big Data to give a clear view of market trends, helping exporters make smarter, data-driven decisions.

Joan Pina, Managing Partner of Abac Nest Ventures, commented: “At Abac Nest Ventures, part of Abac Capital, we combine our operational and investment expertise to support B2B SaaS projects targeting the mid-market. We are intimately familiar with the challenges European businesses face when internationalising, and xNova addresses this critical need with a robust platform powered by AI and Big Data that delivers tangible value from day one. We are proud to lead this round alongside Angels and BStartup, reinforcing our commitment to ambitious tech solutions like ​xNova that empower exporting companies to expand with technology and maximise the return on their internationalisation efforts.”

About xNova

xNova's software helps companies grow and strengthen their presence in international markets by analyzing goods transactions between countries. Finding buyers in foreign markets is a big challenge for companies expanding globally, and not having enough buyers is a common reason for failure.