Vitesy, an Italian innovator in sustainable technology, has secured €4 million in funding to enhance its Shelfy device aimed at reducing food waste, reflecting a growing trend in the CleanTech sector.
Information on the Target
Vitesy, established by Paolo Ganis, Alessio D’Andrea, and Vincenzo Vitiello, is a pioneering Italian company specializing in green and intelligent solutions aimed at enhancing human well-being. Recently, the company completed a €4 million investment round, significantly increasing its total funding to approximately €14 million. This financial backing is propelling Vitesy further into the CleanTech sector, positioning it as an advanced player known for its innovative and sustainable technological solutions.
The company's primary focus is on expanding and establishing its market presence with Shelfy, a revolutionary product launched less than a year ago designed to combat food waste. The device not only helps to improve the freshness of food in refrigerators but also contributes to reducing waste on a global scale. Vitesy aims to elevate its market outreach, targeting strategic regions including the United States, the UK, and Europe.
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Industry Overview in Italy
The CleanTech industry in Italy has been experiencing considerable growth, driven by increasing environmental awareness and government incentives aimed at promoting sustainable pr
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Disclosed details
Transaction Size: $4M
Equity Value: $14M