InforCapital
M&A Transaction

Nazca backs Ravenloop with a majority stake in defense AI firm

Nazca has acquired a majority stake in Ravenloop, a Madrid-based AI cybersecurity defense software company.

AM
Alvaro de la Maza

Partner at Aninver

Key Takeaways

  • Sector: Aerospace & Defense, Artificial Intelligence (AI).
  • Geography: Spain.

Analysis

Nazca Capital has sealed a deal to obtain a majority stake in Ravenloop, a Madrid-based software house focused on predictive cyber intelligence driven by artificial intelligence for the defense and national security sector. The transaction is routed through the Nazca Aeroespacial y Defensa INNVIERTE I FCR fund, marking a decisive step in expanding sovereign-grade technology capabilities in Europe.

Ravenloop, established in 2018, positions itself at the intersection of artificial intelligence and cyber defense, enabling contextual threat anticipation and real-time countermeasures in mission-critical environments. The company’s platform is designed to strengthen decision-making during complex cyber incidents, with a particular emphasis on safeguarding critical defense and security infrastructure.

In the current European context, the operation aligns with widespread priority given to strategic autonomy in defense tech. Public and private sector observers have highlighted elevated investment activity in sovereign cyber capabilities, aimed at reducing external dependencies while accelerating domestic R&D and deployment. The deal signals growing appetite among specialized investors to back ventures that couple AI with national security imperatives and to accelerate international expansion.

For Ravenloop, the partnership is expected to accelerate product development and broaden its go-to-market reach, integrating capabilities with complementary solutions to address civil and military infrastructure needs. The alignment with Nazca’s aerospace and defense strategy is anticipated to unlock cross-border opportunities and scale Ravenloop’s footprint across Europe and beyond, while preserving the company’s focus on cutting-edge AI-driven cyber intelligence.

Daniel Vidal, CEO and founder of Ravenloop, emphasized that the agreement advances the company’s mission to reinforce national cyber resilience and strategic autonomy. Carlos Carbó, chair of Nazca, highlighted the importance of consolidating sovereign technology leadership in a domain where cyber threats are continually evolving and where European assets can play a pivotal role in securing critical infrastructure.

The advisors supporting Nazca in this transaction included CaixaBank, Deloitte, Pinsent Masons and Global Factor, while the selling parties were advised by Baideko, Garrigues and Bores y Cía, underscoring a cross-disciplinary approach across legal, financial and regulatory dimensions.

As the European defense cybersecurity market expands, Nazca’s investment in Ravenloop underscores a broader trend of strategic financiers channeling capital into AI-enabled defense tech. The move positions Ravenloop for accelerated growth while contributing to Spain’s and Europe’s broader objective of achieving greater autonomy in digital defense capabilities and critical infrastructure protection.