Indaco Venture Partners reports 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 EUR 2.5 million transaction supports Easyrain’s growth by facilitating the technological implementation and market entry of its innovative automotive safety solutions, which are closely tailored to the needs of carmakers. This latest fundraising represents the first step in a capital increase that the company expects to close in the course of 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 at its disposal, provided by the Lombardy Region’s ‘Lombardia Venture’ fund of funds, financed with European funds from the Lombardy ERDF PR 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 achieved Tier-1 status in 2024 by signing a contract with a major car manufacturer to supply the virtual anti-aquaplaning sensor DAI (digital advanced information). The first car equipped with this innovative software system, capable of recognising both partial and complete aquaplaning situations, will be presented to the market during 2025.
Alvise Bonivento, co-founder and investment director of Indaco states in a note: “Since 2018 we have been supporting Easyrain convinced of the importance of its mission: to reduce road accidents and save 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 to increase safety on the road.” (photo by Frank Albrecht on Unsplash)
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