Milan-based Voidless raises €2.2 million to confront the overpackaging problem with “box on demand” solution
Voidless, an Italian deeptech startup that has focused its activity on solving the overpackaging problem, announced the closing of a seed round of €2.2 million led by CDP Venture Capital – through the Corporate Partners I Fund – Industry Tech sector – and the Italian-French Venture Capital company 360 Capital. The two investors participated in the transaction by investing €1.1 million each.
This round – which follows the €600,000 pre-seed in July 2022 by 360 Capital – represents an important step for Voidless’ growth and will allow the startup to grow in the market with its next-generation “box on demand” machinery, designed to create boxes and packaging tailored to each type of shipment with extreme precision directly in warehouses. offering an effective and concrete solution to the problem of overpackaging. In addition, the capital injection will also support the consolidation of the Voidless team.
Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity
Tau Group, a leading technology company driving energy transition and decarbonization efforts, is establishing a new global standard in electric motor insulated wire. Tau has successfully closed a €11 million extension to its Series-B funding round. CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund) took the lead in this round, with continued support from existing investors. This strategic funding aligns with Tau’s concurrent expansion of production capacity in a new facility, geared towards fulfilling long-term supply agreements recently inked with automotive industry partners.
What will we do with an additional $22M?
We are happy to announce that Arduino raised an additional $22 million round, taking our Series B funding to $54 million, thanks to an expansion co-led by CDP Venture Capital and Anzu Partners. Joining them is semiconductor leader Arm, following up on earlier investments.
Want to know more about how the funds will be put to good use? A major chunk will be invested to further strengthen the R&D team based in Turin, Italy, with the goal to grow enterprise application libraries and the Arduino Cloud for Business with more integrations and embedded AI features. Another consistent part is earmarked to help Arduino grow even more in the US, where we recently opened an office in Austin, TX and bolstered our presence in Chicago, IL. Finally, we will use the additional funds to accelerate go-to-market initiatives and customer support in selected areas.