Neuronova, a Milan-based deep tech startup focused on sustainable AI chip innovation, has secured €1.5 million in pre-seed funding to develop its ultra-low power processors.

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Neuronova, a Milan-based deep tech startup, focuses on sustainable innovation and has successfully closed a pre-seed funding round of €1.5 million aimed at developing ultra-low power AI chips. This funding will support the design and development of Neuronova's revolutionary processor technology, which aims to reduce energy consumption by a factor of 1000, thereby enabling AI functionalities on smart devices and battery-powered sensors.

Founded by three engineers with PhD backgrounds in neuromorphic computing, Neuronova is positioning itself as a leader in energy-efficient AI solutions, addressing the rising demand from major smart device manufacturers. The company's technology mimics the brain's functioning at the hardware level by implementing neurons and synapses as physical structures on silicon, allowing for energy-efficient AI processing within a compact chip that is only a few millimeters in size and suitable for high-volume integration.

Industry Overview in Italy

In 2023, global smart device sales reached nearly two billion units, indicating a growing need for increasingly efficient technologies. As the market expands, reliance on centralized cloud infrastructures for data processing is becoming less sustainable due to h