AWorld, an Italian Climate-tech startup and UN ActNow campaign platform, has secured €2 million in a bridge funding round to support its growth and prepare for a larger European funding round.
Information on the Target
AWorld is an Italian Climate-tech startup and the official platform for the United Nations’ ActNow campaign. Established three years ago by founders Alessandro Armillotta, Marco Armellino, and Alessandro Lancieri, the company has reached a significant milestone by securing a €2 million bridge round in preparation for a larger European funding round. This funding will support the startup's expansion and development.
The funding round attracted a diverse group of prominent investors, including Telefónica Open Innovation, CDP Venture Capital via the Acceleratori fund, Italian Angels for Growth (IAG), Equiter through the RIF-T fund, Banca Patrimoni Sella, Digital Magics, and Sport Horizon Holding. AWorld's ongoing success indicates its positive trajectory since inception.
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Industry Overview in Italy
The Climate-tech sector in Italy is experiencing robust growth, fueled by increasing concerns over environmental sustainability and the need for businesses to adhere to ESG (Environmental, Social, and Governance)
Similar Deals
Telefónica Open Innovation
invested in
AWorld
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $2M