Novac, a Modena, Italy-based startup, has raised €3.5M in Seed funding. The funding will be used to accelerate the development of its technology in supercapacitors.

Mar 25, 2025•5 months ago

Amount Raised

€3.5 Million

Round Type

seed

ModenaEnergy StorageSolarRenewable EnergyEnergyManufacturing

Investors

GalaxiaCdp Venture CapitalEureka! Venture

Description

Novac, a Modena, Italy-based startup manufacturing supercapacitors for the energy, mobility, and industrial sectors, raised €3.5M in Seed funding. Backers included Eureka! Venture, CDP Venture Capital and Galaxia. The company intends to use the funds to accelerate the development of its technology. Led by CEO Matteo Bertocchi, Novac develops new supercapacitors for sustainable energy storage systems.

Company Information

Company

Novac

Location

Modena, Emilia-Romagna, Italy

About

Novac is a Modena, Italy-based startup specializing in the manufacturing of supercapacitors for various sectors including energy, mobility, and industrial applications. The company aims to develop new supercapacitors for sustainable energy storage systems, facilitating improved energy storage and release. Founded by a team led by CEO Matteo Bertocchi, Novac is focused on accelerating technology development with recent funding. In 2021, they were chosen as one of eight startups for the Motor Valley Accelerator program.

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