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Investment round of 2.6 million: the Cysero fund of AVM Gestioni as the lead partner

Updated: Jun 5

It is with immense pleasure and gratitude that we share the latest news: ALBA Robot has closed a very important investment round!


The Cysero EuVECA fund, promoted by AVM Gestioni SGR S.p.a., jointly with Kilometro Rosso to support the development of the robotics and cybersecurity sectors, is the lead partner of a 2.636 million Euros investment.


Alongside Cysero fund, the round featured RoboIT – the National Technology Transfer Pole for robotics and industrial automation of CDP Venture Capital SGR – and Techstars, the worldwide network that helps entrepreneurs succeed.


With the capital raised in this round, we will have the resources to complete the development of our first product for the market and strengthen the team from the commercial and operational point of view.


We would like to thank Pavesio e Associati with Negri-Clementi for assisting us and I3P for always supporting us.


It has been a long journey and we know we are only at the beginning, but knowing that so many other people believe of our project as much as we do is what gives us the right energy to keep going!


 

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