Spanish startup Internxt raises €3.3 million to become the “ethical alternative” to Big Tech
Internxt, a Valencia-based tech company specialising in digital privacy, has closed a new €3.3 million funding round to provide a suite of products including encrypted cloud storage, antivirus, VPN, and soon, private email and video call services.
The round saw participation from Prosegur Tech Ventures, Angels Capital, Andorra Telecom, Extension Fund, Kevlar Fund, and other existing investors. The operation, structured as a capital increase, was led and advised by CaixaBank’s Corporate & Investment Banking team.
“Internxt was born with the ambition to give people back control over their digital lives, and today we are closer to that goal. This new stage will allow us to reach more companies and users while staying true to our core principles of privacy, security, and technological sovereignty,” said Fran Villalba Segarra, CEO and Founder of Internxt.
Founded in 2020, Internxt is a tech company developing a suite of secure, private digital services as an “ethical alternative” to Google and other Big Tech players. Its products reportedly use zero-knowledge encryption and are designed to protect user data from Europe, upholding the highest standards of privacy.
With nearly one million active users in over 100 countries, Internxt aims to lead the next generation of user-centered cloud services.
The deal follows key business milestones, including partnerships with Revolut, Surfshark, Bitdefender, PcComponentes, and Valencia CF, as well as a recent €1.4 million grant from CDTI, supported by the Spanish Ministry of Science and Innovation and European funds.
This new capital injection strengthens Internxt’s position as the European alternative to Big Tech, offering a proposal built on privacy, digital sovereignty, and ethical technology development.
According to Internxt, since Q4 2024, they have been growing profitably. This round will accelerate its international expansion in the enterprise segment and further strengthen its commercial suite.
The company expects to double its net revenue each year through 2027.
Internxt offers a suite of services designed to protect people’s digital lives, ensuring privacy and security by design. The current offering includes encrypted cloud storage (Drive), a private VPN, and a lightweight antivirus with real-time protection.
Soon, Internxt Mail and Internxt Meet will join the suite, providing secure and fully private alternatives to traditional email and video call services — with no tracking or user data access.
The company adds that they are committed to intuitive interfaces, multiplatform apps, and a transparent model with no ads or data monetisation, placing the user at the centre of its technological strategy.
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