Muxunav

muxunav.com ↗ ·Noáin ·Seed

Muxunav is a Navarre-based (Spain) engineering company that digitalises payments for unattended and self-service commerce — vending machines, laundries, gaming, fuel stations and retail. Its core product Telmarkt is a retrofit hardware+software kit that turns existing legacy machines into connected devices accepting card, contactless, QR and Bizum payments, with remote telemetry, age verification (Age Identifier) and Spanish e-invoicing compliance (Verifactu, TicketBAI); it also sells LaKuenta for merchants and freelancers. Founded in 2012 and led by founder-CEO Antonio Torres, it won the European Commission's Seal of Excellence for Telmarkt (2018), holds Spain's 'Innovative SME' seal, grew revenue from €88k (2021) to €1.1M (2024) and closed a €400k round in April 2025. It is headquartered in Navarra (Noáin/Mutilva) and its CEO sits on the board of the MAD FinTech cluster.

Founded
2012
Founders
1
Total funds raised
€400K+
Rounds
2
Investors
4
Last round
Apr 2025
SectorsFintech, Payments, Vending & Unattended Retail, IoT & Connected Hardware, Retail Tech Start-up MapFintech › Payments & merchant checkout

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Founders

Antonio Torres López
Founder & CEO

Global models 3

Nayax
Sells cashless payment readers, telemetry and management software for vending, laundry, EV charging and other unattended machines, and earns hardware, SaaS and transaction fees.
Public (2021 IPO, ~$110M raised)Comparable
PayRange
United States · www.payrange.com ↗
Retrofit device that lets existing vending machines and laundry equipment take mobile and card payments, with remote monitoring for operators.
~$40MComparable
Vendon
IoT telemetry and cashless payment retrofit for vending and coffee machines, sold as hardware plus a cloud management subscription.
UndisclosedComparable

In the same niche 25 others

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Notes: Most funded first

Investors 4

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Funding rounds 2

DateRoundAmountLead
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