Seaya Andromeda invests in Nax Solutions

Nax Solutions relies on AI and satellite data to make agriculture more sustainable. With Seaya Andromeda's support, expansion into Brazil begins.

Madrid, January 28, 2025 - Seaya Andromeda, the largest growth equity fund in Southern Europe, has acquired a majority stake (55%) in Nax Solutions, a leading provider of software solutions for precision agriculture based on artificial intelligence (AI) and satellite imagery. With this investment, Nax plans to continue its expansion in Latin America, particularly in the strategically important Brazilian market.

Expansion in Latin America as a core objective

Nax Solutions is already present in 17 countries in Europe and Latin America, including Mexico, Guatemala, Argentina and Colombia. The company is now planning to significantly expand its market share in Brazil. The new funds will be used to drive growth, strengthen the local team and further optimize product development.

"Brazil offers enormous opportunities with its dynamic agriculture, and our technology can make a decisive contribution to promoting the productivity and sustainability of the sector here," commented Nax founders Aarón and Caleb De Bernardis and Beatriz Sanchis Ruiz.

Focus on sustainable agriculture through AI

Nax Solutions' technology uses AI and satellite imagery to generate important data for farmers. Through precise analyses and recommendations on irrigation, fertilization, crop management and increasing yields, the platform helps farmers to use resources more efficiently and reduce costs.

The founders emphasize that their platform calculates the "optimal curves" for each crop to facilitate decision-making and make agriculture more sustainable.

Seaya Andromeda backs innovative companies

By investing in Nax Solutions, Seaya Andromeda is underlining its commitment to companies that combine technological innovation and sustainability. The fund specializes in digital solutions that address global challenges in the areas of energy, circular economy, decarbonization and agriculture.

Nax fits perfectly with our focus on sustainable innovation. Their AI-powered technology is revolutionizing agriculture by enabling data-driven decisions and using resources more efficiently.

Carlos Fisch, Partner at Seaya Andromeda

Nax was founded in 2019 and has since been financed without outside capital. With an annual turnover of around EUR 5 million and an EBITDA margin of over 50%, the company is one of the success stories in the agricultural technology sector. Seaya Andromeda's investment not only promises further growth, but also strengthens the innovative power of Nax, which aims to expand its position as a pioneer in the field of precision agriculture.