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.
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.
03/25/25, 6:20 PM
Location
Money raised
€3.5 million
Industry
energy storage
solar
renewable energy
energy
manufacturing
Round Type
seed
Investors
Galaxia, Cdp Venture Capital, Eureka! Venture
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 Info
Location
modena, emilia-romagna, italy
Additional Info
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.