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Artificial Intelligence
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Discover the details of the startups

Dedalo AI

LEGAL NAME: Dedalo AI Srl

INCORPORATED: YES

WEBSITE: www.dedalo.ai

HQ: Turin, Italy

ACTUAL FUNDRAISING: NO

USE OF FUNDS: Product Development, Marketing & Sales

TERMINE RACCOLTA CAPITALI: Q1 2023

INVESTORS: UC Berkeley, Sequoia Scout Fund

STARTUP OVERVIEW

Dedalo AI helps companies measure, reduce and communicate the environmental impact of their digital operations. 

PRODUCT OR SERVICE

Web Impact: measuring the carbon footprint of  websites with a cookie-less integration, providing reduction plans through our  AI and communicating with a web badge that helps companies increase visitors’ engagement and increase lead generation for their sustainable products. 
IT Infrastructure Impact: measuring and reducing the carbon footprint of all IT devices used by company’s workforce and educating employees on how to use their devices more sustainably. 

MARKET

Industry agnostic, focusing on companies with more than 250 employees that do ESG reporting and are selling sustainable products/services. $8.7B market.

TRACTION, KPI & ACHIEVEMENTS

PoC with Italian bank (paid), Siemens, Reply and EY. Partnerships with Stanford University, US Dept of Energy, Microsoft and PoliTo. €39K won in cash prizes, €60K won in services.  

FOUNDERS & TEAM

CEO: Seif Chourbagi, 7 years in B2B sales, managed €40M in 21 countries (last Max Mara Fashion Group).
CTO: Fabio Giannese, 20+ years in software, 12 years as CTO (last ilMeteo.it).
CSO: Francesco Musso, 5 years in sustainability for blockchain companies.
1 senior full stack dev. + 1 AI engineer + 2 interns 

Ellycode

LEGAL NAME: Ellycode Srl

INCORPORATED: YES

WEBSITE: www.ellycode.com

HQ: Casoria, Naples

ACTUAL FUNDRAISING: Open to discuss

USE OF FUNDS: Product Development, Marketing & Sales

TERMINE RACCOLTA CAPITALI: N/A

INVESTORS: N/A

STARTUP OVERVIEW

Ellycode is a tech startup that created Elly, an AI-enhanced intelligent virtual assistant integrated in a dashboarding and data visualization platform.

PRODUCT OR SERVICE

Elly, a virtual assistant, to interpret user requests in natural language and convert them into complex data queries. This approach makes advanced data analysis accessible to non-technical users, replacing traditional report preparation found in classic business intelligence tools like Power BI and Tableau.

MARKET

lly primarily serves two segments within the B2B market:small  companies, starting from Italy (3.5M companies) and Software House seeking to integrate business intelligence modules into their products.

TRACTION, KPI & ACHIEVEMENTS

Elly is in beta until the end of the 2023. In  beta phase, we have gathered about twenty beta testers, who will become clients in 2024, with the platform launch.

FOUNDERS & TEAM

CEO/CTO: Michele Aponte, technical background, entrepreneur since 2013, Microsoft MVP in Developer Technologies and AI categories. 
CMO: Gabriele Granato, communication and marketing background, entrepreneur since 2012, LUMSA University teacher in Web Marketing and Digital Communication.
Developement team with  5 developers specialized in cloud and AI solutions   

Eoliann

LEGAL NAME: Eoliann srl Società Benefit

INCORPORATED: YES

WEBSITE: www.eoliann.com

HQ: Torino, Italy

ACTUAL FUNDRAISING: Open to discuss

USE OF FUNDS: Product Development, Marketing & Sales

TERMINE RACCOLTA CAPITALI: Q1 2025

INVESTORS: Primo Space, Exor Ventures

STARTUP OVERVIEW

Eoliann is a climate tech startup that leverages satellite data and artificial intelligence to forecast the probability, intensity, and impact of climate events. 

PRODUCT OR SERVICE

The core of our offering is an API, seamlessly integrable into any existing software. Within seconds, our system can assess the climate risk associated with assets located anywhere within the European continent, offering a spatial resolution of 30 meters by 30 meters.

MARKET

Target customers are banks,insurances and infrastructure companies. Global economic losses due to natural events in 2022 amounted to $313 billion. We are targeting  Europe, UK and US.

TRACTION, KPI & ACHIEVEMENTS

Paid pilot with Terna spa, 3 international awards (EY startup academy, CEMS entrepreneurs, Deep Tech Hello Tomorrow)

FOUNDERS & TEAM

14 people, of which 13 under 35, 2 PhD, 1 MBA, with different expertise: 
ML, aerospace engineering, physics, environmental engineering, business related topics. 
4 Co-Founders (Roberto Carnicelli, Chiara Mugnai, Giovanni Luddeni, Emidio Granito)

Legal Pythia

LEGAL NAME: Legal-Pythia LLP

INCORPORATED: YES

WEBSITE: www.pythialegal.com

HQ: Glasgow, United Kingdom

ACTUAL FUNDRAISING: 100 000€

USE OF FUNDS: Product Development, Marketing & Sales

TERMINE RACCOLTA CAPITALI: 06/24

INVESTORS: UK Government

STARTUP OVERVIEW

Legal-Pythia is revolutionizing legal document management with Explainable AI for precise detection of duplications and contradictions.

PRODUCT OR SERVICE

Web-based software that uses Explainable Artificial Intelligence to automatically compare documents and datasets in order to find duplications and contradictions. The software then explains to the end user why it made certain decisions, leading to more transparency and trustworthiness.

MARKET

Target customers are banks, law firms and government authorities. The global AI banking market is projected to be 8.4€ billion by 2030. We are targeting the U.S, U.K, Europe and Africa.

TRACTION, KPI & ACHIEVEMENTS

Paid pilot with city of Munich and the Financial Conduct Authority of the United Kingdom.

FOUNDERS & TEAM

CEO: Jeremy Bormann, Former law student in Germany and the U.K (LL.M, Corporate Law University of Glasgow)
Technical Lead: Otmane Cherradi, Technical Expertise in AI/ML
AI Researcher: Gayani Nanayakkara, PhD in Artificial Intelligence (RGU)

Plino

LEGAL NAME: Plino Srl

INCORPORATED: YES

WEBSITE: www.plino.ai

HQ: Torino, Italy

ACTUAL FUNDRAISING: Open to discuss

USE OF FUNDS: Product Development, Tech team growt

TERMINE RACCOLTA CAPITALI: Q2 2023

INVESTORS: Exor Ventures, Berkeley SkyDeck

STARTUP OVERVIEW

Plino is a Gen-AI-powered data analytics co-pilot for SMEs. The software integrates all business data, analyses them automatically and replies to any question in natural language through an intuitive chat interface.

PRODUCT OR SERVICE

By integrating with various data sources such as invoices, bank accounts, MES, ERP, WMS, industry 4.0 data, and company documents (contracts, technical data sheets), Plino analyses essential business data and replies to every question the CEO, the CFO or the commercial manager have to empower data-driven decision making.

MARKET

Our target customers are SMEs, starting from Italy and the field of manufacturing. In Italy, the market of data has reached a valuation of 2,4B (+20% vs 2021) and it involves more than 3.5M SMEs.

TRACTION, KPI & ACHIEVEMENTS

We’re backed by Exor Ventures and SkyDeck B17 & Cariplo Factory. In the last 12 weeks we signed partnership with 8+ accountant to distribute our product, and there are more than 20 companies in our pipeline to use it in the next weeks.

FOUNDERS & TEAM

CEO: Pietro Galimberti, Finance background, founded a startup accelerator, worked in 2 startups.
COO: Viola Bonesu, Philosophy background, Digital marketing, founded BI startup.
CTO: Enrico Castelli, Computer Engineering background, 4 years tech lead

WiseLoop

LEGAL NAME: NA

INCORPORATED: NO

WEBSITE: www.wiseloop.ai

HQ: Remote

ACTUAL FUNDRAISING: Open to discuss

USE OF FUNDS: Hiring, Development, Marketing, GTM

TERMINE RACCOLTA CAPITALI: N/A

INVESTORS: N/A

STARTUP OVERVIEW

WiseLoop is a productivity system that help sales team close the gap of information with their customers without spending hours in search across websites, reports, document, etc.

PRODUCT OR SERVICE

We integrate with Company systems and provide the insights they need by collecting external and internal information and leveraging AI to analyze them.

MARKET

We are targeting the enterprise CRM market (57B global market). We are focusing on SMEs and looking to reach 1% of the market as a start (300M). Our primarily entry point are sales teams or sales managers.

TRACTION, KPI & ACHIEVEMENTS

We talked to 23+ Sales Managers and collected feedback. We took part in Vento Acceleration program and are now part Microsoft for Startups and AIBI program.

FOUNDERS & TEAM

CEO: Luca Costa, Computer Engineer and Product Manager
CTO: Alexandru Enache, Computer Engineer and Full stack Developer

AI Business Incubator

For talents, entrepreneurs, startups, R&D projects, spinoffs and teams bringing the business opportunities of AI to the banking sector