Phononic Vibes, a deeptech startup developing innovative solutions for noise and vibration reduction, sees the completion of a new €6 million capital increase
!, a Milan, Italy-based independent venture capital firm focused on deeptech investments, held the second close of Fund I.
This brings the current size of the vehicle I to €40m. Backers included cornestone investors of the first closing Compagnia di San Paolo, SAES Group, and UMBRA Group, now joined by the investment company of an important Italian industrial family (HOFIMA, Malacalza) and the one of a European group for the protection of intellectual property.
Eureka! Fund I – Technology Transfer is focused on investments in Advanced Materials and more generally in applications and technologies related to Materials Science and Engineering. The vehicle invests in proof-of-concept, seed and Round A stages, also thanks to the partnership with 27 universities and scientific research centers in Italy.