LIFTT has invested €5.3 million in Zerynth, an innovative Italian startup specializing in Industrial IoT solutions, to support its expansion and technological development.

Target Information

Zerynth is an Italian startup and spin-off of the University of Pisa established in 2015, focused on facilitating the digital transformation of manufacturing processes. Under the leadership of CEO Gabriele Montelisciani, the company aims to empower small and medium enterprises (SMEs) by making Internet of Things (IoT) and Artificial Intelligence (AI) technology accessible. Zerynth's innovative plug-and-play IoT devices and scalable platform enable existing and new machinery to communicate in the context of Industry 4.0, significantly improving operational efficiency and environmental sustainability.

With a current team of over 35 professionals, Zerynth has garnered a strong reputation within industrial sectors, having served over 100 clients across manufacturing, agriculture, energy, and logistics. The patented IoT technology allows real-time monitoring of production processes, energy consumption analysis, predictive maintenance capabilities, and immediate notifications, resulting in potential energy cost reductions of up to 40% and maintenance cost cuts of 30%.

Industry Overview

Italy's industrial IoT sector is experiencing rapid growth, fueled by increasing demand for digital solutions that enhance efficiency and sustainability. As industries face pressure to modernize and adopt innov

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LIFTT

invested in

Zerynth

in 2023

in a Series A deal

Disclosed details

Transaction Size: $5M

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