Indaco Venture Invests €2.5 Million in Easyrain

Indaco Venture Partners announces that it has completed a new equity round for Easyrain, an Italian tech company that develops predictive and active solutions for the automotive market.

The operation, worth 2.5 million euros , supports the growth of Easyrain, promoting the technological implementation and the market entry of its innovative automotive safety solutions, strictly targeted to the needs of carmakers. This latest fundraising represents the first step of a capital increase that the company plans to close during 2025.

Indaco Venture Partners, which has invested in Easyrain since 2018, participated in the round through the main Indaco Ventures I Fund and the new Indaco Ventures I – Parallel Lombardia Fund. The latter Fund has 14.6 million euros, provided by the “Lombardia Venture” fund of funds of the Lombardy Region, financed with European funds from the PR Lombardia FESR 21-27 (Action 1.3.2) and managed by Finlombarda.

In particular, the Indaco Ventures I – Parallel Lombardia Fund aims to support the growth of companies based in Lombardy and with strong potential for technological innovation

The new equity round represents an important milestone in the growth path of Easyrain, which in 2024 distinguished itself by having reached the Tier-1 status, signing a contract with a major car manufacturer for the supply of the DAI (digital advanced information) virtual anti-aquaplaning sensor. The first car equipped with this innovative software system, capable of recognizing both partial and complete aquaplaning situations, will be presented to the market during 2025.

Alvise Bonivento , co-founder and investment director of Indaco, stated in a note: “Since 2018 we have supported Easyrain, convinced of the importance of its mission: reducing road accidents and saving lives. With this round, we renew our commitment to a company that has grown thanks to an excellent team, capable of transforming Easyrain into a Tier-1 player in the automotive sector with innovative solutions useful for increasing road safety.

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(Featured image by Andy Li via Unsplash)

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First published in Startupbusiness. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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