Axon Partners Group's investment division has invested in QaShops, alongside Bankinter Capital Riesgo.
QaShops’ software connects suppliers and manufacturers with marketplaces and other online stores to easily allow the former to sell their products online.
Axon Investment is investing with its ICT II Fund, which invests in early stage, Spanish digital economy companies. The funding will be used to improve the current tool, developing new and improved functions and to increase the volume of products that QaShops manages for its clients.
QaShops is the sixth investment of Axon's ICT II Fund, a fund focused on Spanish digital startups. Other investments in this fund include Hot Hotels, Glamping Hub and ByHours. More recently it invested in Sentisis, a social media analysis platform for the Spanish-speaking market and Wayook, a digital home services company.
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