Caracol closes €10 million Series A round Money & Funding

“Neva SGR continues investing in Italy and does so in a sector that has always been central for the country’s economy, that of manufacturing Industry 4.0. The investment in Caracol, in its technology and in its care for sustainability and circular economy, go in the direction of recognizing an example of Italian excellence, ready to grow in international markets,” stated Mario Costantini, Chief Executive Officer and General Manager of Neva SGR.

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Matteo Cascinari, General Partner of Primo Space Fund added: “In a very short time, Caracol has been capable of affirming its solutions in different sectors and particularly in space, notoriously a very complex and technologically advanced market, also with an eye to sustainability. Together with other qualified investors, we’ll finance the continued growth and international expansion of the company, confident that its founders and all its team will be able to meet the challenge with skill and resolve.”

Stefano Peroncini, CEO EUREKA! Venture SGR concluded: “Thanks to this new important investment round we renew Eureka!’s trust in Caracol and its brilliant team, which has proved its ability to effectively implement an ambitious technological and entrepreneurial plan, integrating and enhancing robotics and additive manufacturing, with a distinctive approach to circularity and sustainability.”

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Author: Davide Sher

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