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Data Center News > Blog > Investments > Novac Raises €3.5M in Seed Funding
Investments

Novac Raises €3.5M in Seed Funding

Last updated: March 25, 2025 12:53 pm
Published March 25, 2025
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Novac, a Modena, Italy-based startup manufacturing supercapacitors for the vitality, mobility, and industrial sectors, raised €3.5M in Seed funding.

Backers included Eureka! Enterprise, CDP Enterprise Capital and Galaxia.

The corporate intends to make use of the funds to speed up the event of its expertise.

Led by CEO Matteo Bertocchi, Loris Bruzzi, Alessandro Fabbri e Aldo Girimonte, Novac develops new supercapacitors for sustainable vitality storage methods, enabling a greater vitality storage and launch. In 2021, the corporate was chosen as one of many 8 startups to take part within the Motor Valley Accelerator program in Modena. Since 2023, Novac has been incubated by I3P, the Modern Enterprise Incubator of Politecnico di Torino, throughout the ESA BIC Turin incubation program, managed by I3P with the technological help of the Politecnico di Torino and the LINKS Basis, in collaboration with the European House Company (ESA) and the Italian House Company (ASI).

FinSMEs

25/03/2025

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See also  Turing Raises $111M in Series E Funding
TAGGED: 3.5M, Funding, Novac, Raises, Seed
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