Matix, a spin-off of the AzzurroDigitale tech company specialising in enterprise asset monitoring (EAM) for the management of machinery, moulds and manufacturing equipment along the supply chain, has closed a new EUR 2.1 million equity and debt investment round.
Auxiell, a consultancy firm specialising in process transformation for performance improvement, is confirmed as the main investor. The company had already led the first seed round worth EUR 700,000, which, in addition to Auxiell, had brought on board investors such as Nicola Michelon CEO of Unox and Vincenzo Regazzoni COO of Aston Martin.
Italian entrepreneurs and angel investors are participating in this new capital raising, including Francesca Coloni, COO of Citibank and Roberta Parodi, CEO and president of Interglobo; Paolo Tramonti, CEO of Biosline; Alessandro Serafini, CEO of C.A.P.T. (Reinhausen Group); Fabio Voltazza, CEO of Pressofusione Saccense. B-Heroes was also among the supporters of Matix.
Born in 2022 from the vision of AzzurroDigitale and De Longhi’s need to increase the visibility of its mould pool in-house and along the supply chain, over the years Matix has charted a growth trajectory: the company ended 2024 with revenues of EUR 680,000 (+62% over 2023), a figure it aims to double by 2025. At the same time, it has acquired new international customers such as Schneider Electric, Unilever, Albea Cosmetics and Karcher, for a total of 40 companies served in more than 20 countries in Europe, Turkey, the USA, Canada, Mexico and China, and with the aim of managing more than 3,500 moulds in 150 plants by 2025.
At the beginning of the year, Matix announced the opening of a commercial hub in the US, in partnership with COAST, a company active in the sale of mould management services and technology, to better serve the US market and accelerate the deployment of its innovative telemetry solution.
This path of international expansion was further confirmed in October 2024, with the company’s selection for the Starta VC acceleration programme in New York promoted by the Ministry of Business and Made in Italy and coordinated by ICE.
The investment obtained through the new round will have a significant impact on the startup’s expansion plan, supporting the growth of the team in Italy and enabling it to respond to the growing demand for digital solutions in the US manufacturing sector and beyond. In this sense, 2025 will represent the natural evolution of this path.
Riccardo Pistorello, CEO of Matix, (pictured with the team) says in a note: ‘The closing of this new round marks a key moment in our growth path, but it is also a strong signal of the direction we are taking: that of an increasingly global vision for an increasingly interconnected and sustainable manufacturing industry. Our ambition is not limited to offering advanced technology solutions; we want to be an active part of the transformation of an industry that is evolving towards a future where digitisation, efficiency and sustainability will be increasingly at the centre. 2025 will be a crucial year in this process, with Matix increasingly playing a leading role in a global strategy that will extend to key markets such as the US, responding to the growing demand for intelligent solutions for industrial asset management. A path made possible by the trust our investors continue to place in us, a driving force behind the growth of our team and the technological evolution of Matix. With their support, we are ready to write the next chapter of our story”.
Riccardo Pavanato, CEO of Auxiell adds: “Matix is not only an investment opportunity in which we strongly believe, but also a way of confirming our positioning and willingness to contribute to the innovation of industrial processes, which has always been central to Auxiell. Improvement comes through measurement, and Matix makes it possible even in contexts where data collection is often difficult or impossible, creating a bridge between the physical and digital worlds”.
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