Tech Company Financing Transactions
i-TES Funding Round
i-TES closed a $1.5 million funding round on 5/29/2023. Investors included Eureka Ventures and CDP Venture Capital.
Transaction Overview
Company Name
Announced On
5/29/2023
Transaction Type
Venture Equity
Amount
$1,497,000
Round
Undisclosed
Investors
Eureka Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand the customer portfolio by strengthening the facilities and the team, with new competencies related to production and commercialisation of products, and to invest in the technological development of new products such as thermochemical materials.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Via O. Assarotti, 10
Turin, 10122
IT
Turin, 10122
IT
Phone
Website
Email Address
Overview
Energy consumption is increasing and has a strong impact on both climate and human health: reducing waste is a global challenge in which, along with states and their ambitious targets, technological innovation plays a key role. With this in mind, i-TES was founded in Turin in 2016 as an innovative start-up and focused its attention on research and development in the field of thermal storage with innovative materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michele Santovito
Founder
Noemi Muscarà
Founder
Roberto Semino
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