The Club degli Investitori has invested €520,000 in AIKO, a Turin-based scaleup specializing in AI and automation solutions for space missions, as part of its Series A funding round.

Target Overview

AIKO, a Turin-based scaleup founded in 2017 by Lorenzo Feruglio, specializes in developing artificial intelligence and automation solutions for space missions. The company has pioneered technologies that enable satellites and space missions to operate autonomously, thereby enhancing efficiency and reducing operational costs. Among its notable software developments are gifted_GENE, which focuses on predictive maintenance for space missions, and orbital_OLIVER, an onboard operating system designed for autonomous operations.

With the recent investment, AIKO aims to advance its Series A funding round to a total of €4 million while expanding its presence in European and U.S. markets. The company anticipates growing its workforce from 40 to 70 employees over the next two years, enhancing its capability to deliver innovative space solutions.

Industry Overview in Italy

The aerospace industry in Italy has been experiencing significant growth, particularly in the deep tech sector, which includes advancements in artificial intelligence and automation. I