Making Science raises €2.5M in state-backed debt to fund AI exports
What's the deal? Making Science, a Spanish digital acceleration company, has secured a €2.5 million (roughly $2.8 million) co-investment loan from the Fund for Investments Abroad (FIEX), managed by COFIDESDealroom has a profile for this one. Try Dealroom →, to support its international expansion and AI projects. The debt forms part of a wider investment of close to €5 million.
What's the endgame? The money will finance AI projects developed in Spain and sold through Making Science's international network. It mirrors the rollout of ad-machinaDealroom has a profile for this one. Try Dealroom →, the company's agentic marketing platform, with the aim of exporting high-value digital services built at home.
Why now? The loan lands as the company reports growth across key markets.
In the first nine months of 2026, revenue rose 7.9% to €277.8 million and recurring EBITDA climbed 12.7% to €9.4 million. US revenue was up 14%.
Who's backing it? COFIDES is a repeat investor in Making Science. In 2021 it supported, with FIEX financing, the company's acquisition of businesses in Italy, France, and the United Kingdom, and it later took a stake in subsidiary Making Science Marketing & AdTech through the Spain Oman Private Equity Fund.
The signal: The deal reflects a wider sector push to pair AI capability with international reach, with European marketing groups expanding through acquisitions and exports. For Making Science, public-backed debt is a modest but strategic lever to carry Spanish-built AI products abroad.
Read more: democrata.es
Image credit: @boetter
