Towards SIOS24: The 100 top startups of the year in Italy

As the year draws to a close, the editorial team at StartupItalia has unveiled its much-anticipated list of the top 100 startups driving innovation in 2024. These companies, spanning diverse sectors from deeptech to ed-tech, have been selected for their impactful achievements in a challenging investment climate. This comprehensive list sets the stage for the SIOS24 Winter Edition, where 10 finalists will compete to be crowned Startup of the Year on December 17 at Palazzo Mezzanotte, Milan.

illuminem is proud to be named among StartupItalia’s Top 100 Hi-Tech Companies of 2024, reinforcing its standing as a frontrunner in sustainability innovation. Following its recognition as a finalist in the SIOS23 Winter Community Award, this achievement reflects illuminem growing impact in transforming the ESG and climate change space with cutting-edge sustainability solutions.

The Top 100 Startups of 2024

A to E

• 3DNextech: Livorno-based 3D printing startup, founded by Andrea Arienti, closed a €1.5M investment round in February 2024, aiming to strengthen its market position
• Aiko Space: European deeptech automating space missions with deep learning, raised €3.5M in October 2024
• AION Tech: Milan-based API integration specialist, secured €1.3M in March 2024 from AATECH SPA SB
• Akuis: Fitness and rehabilitation tech from Udine, led by aerospace engineer Alessandro Englaro, raised €1.15M in 2024
• Alps Blockchain: Blockchain computing and mining leader, secured €105M in one of Italy’s largest funding rounds in 2024
• Amalia Care: AI-powered caregiver matching platform, raised over €1M in April 2024
• Artpay: Fintech simplifying art sales, connecting galleries and buyers in a B2B2C model
• Avaneidi: Saronno-based enterprise storage system developer, raised €8M in June 2024
• Axyon AI: Modena fintech for asset managers, closed a €2.1M funding round in early 2024
• Baladin: Piedmont craft beer producer, raised €5M in a crowdfunding campaign in 2024
• BeDimensional: Graphene production scaleup from Genoa, secured €20M in venture debt in October 2024
• BetaGlue Technologies: Radiotherapy innovator, raised €8M in 2024, led by NEVA SGR and LIFTT
• Biogenera: Bologna biotech SME developing next-gen drugs, raised €1.58M via crowdfunding, targeting a listing on Euronext Paris
• BionIT Labs: Lecce-based developer of the world’s first custom bionic hand, secured €5.5M in 2024
• BizAway: Travel tech startup managing business trips, raised €35M in 2024
• Blue Eco Line: Florence-based startup tackling river plastic pollution with AI-powered systems like River Eye and River Cleaner
• Buddyfit: Home fitness platform, supported by Zlatan Ibrahimovic, addressing the demand for flexible training options
• Capital Dynamics: Renewable energy asset manager, secured €185M for agrivoltaic projects in Sicily
• Cardo AI: Fintech managing €40B in assets, raised €14.6M in late 2023
• Casavo: Real estate solutions platform, secured €20M in 2024 to expand its marketplace
• Checksig: Milanese fintech for crypto trading and custody, raised €2.7M in May 2024, reaching a valuation of €25M
• Composite Research: Turin-based industrial patents developer, raised €1M in 2024
• Contents.com: Generative AI startup for content creation, raised €18M in early 2024
• Cosmico: Talent-matching platform for digital professionals, secured €4M in a Series A round in 2024
• Cryptosmart: Bitcoin and cryptocurrency exchange, raised €3.5M in April 2024
• Cubbit: Bologna-based encrypted cloud storage provider, secured €13.12M in 2024
• Cyber Guru: Roman security awareness platform, raised €23M in October 2024
• Data Masters: AI training academy founded in 2022, raised €1.15M in September 2024
• Daze: EV charging solution startup with offices in Madrid and Paris, secured €15M in a Series A round in 2024
• Doorway: Equity investing platform for scalable startups, raised €2.3M in early 2024
• Eoliann: AI-based climate risk assessment startup, raised €1M+ in 2024
• Everli: Home grocery delivery operator, secured €21M in early 2024, focusing on international expansion
• Exein: IoT cybersecurity provider, raised €15M in 2024
• Eye2Drive: Vision sensor startup from Carrara, raised €1.5M in November 2024

F to N

• FidoCommercialista: Simplifies VAT and tax processes for individuals and entrepreneurs, co-founded in 2020 by Nicola and Filippo Primieri. Raised €1.2M in April 2024
• Flyted: Drone startup creating 3D digital twins for infrastructure monitoring and maintenance, secured €1M in November 2024
• Foreverland: Puglia-based producer of carob-based chocolate, raised €3.4M in 2024
• Futura: Italian ed-tech leader developing AI-driven personalized learning, raised €14M in the largest sector round in Italy
• Genespire: Biotech company creating therapies for pediatric genetic diseases, raised €46.6M in 2024
• Glaut: Marketing startup offering AI-driven conversational surveys, raised €1.32M in April 2024
• Green Future Project: Milan-based decarbonization tech startup, secured €2.2M in 2024
• Hlpy: Roadside assistance tech startup, raised €18M in September 2024 to acquire German digital player MySchleppApp
• IdentifAI: Milan-based AI company fighting fake news and deepfakes, raised €2.2M in 2024
• i-Foria Italia: Patented 100% recyclable diaper and hygiene product waste, raised €1.7M in 2024
• illuminem: ESG monitoring platform based in Venice, raised €2M in 2024 and was a finalist in the SIOS23 Winter Community Award
• Indigo.ai: Chatbot and machine learning platform for customer experience, raised €2.5M in January 2024
• J4ENERGY: AI-driven energy transition solutions, raised €1M+ in May 2024
• Jampy: Eco-friendly pet products company, secured €1M pre-seed funding in 2024
• Joinrs: Recruitment platform connecting students and companies using AI, raised €1.7M in 2024.
• Kleecks: SaaS for optimizing digital performance, focused on luxury and fashion, secured €6.5M in October 2024
• K-Sport World: Football analytics startup using AI, raised €5M in 2024
• Kurs Orbital: Aerospace company democratizing in-orbit solutions, raised €3.7M in 2024
• Lab Evo: Health and wellness startup providing advanced check-up technologies, secured €1M in 2024
• Limenet: CO2 removal and storage innovator, raised €5M in 2024 and launched its first industrial plant in Syracuse
• LimoLane: Premium mobility solutions for corporate clients, secured €35M in 2024
• Mapo Tapo: Traveltech connecting outdoor sports enthusiasts with global trips, raised €1.15M in 2024
• Medical Microinstruments: Pioneer in robotic microsurgery, raised €104.58M in 2024.
• Mela Works: Construction management app improving site activity workflows, raised €2.4M in September 2024.
• MicThera: Biotech startup developing prostate cancer therapies, secured €1M in May 2024
• Muffin: Fintech specializing in subsidized finance with AI tools, raised €3.2M in 2024
• Movopack: E-commerce platform offering reusable packaging solutions, secured €2.3M in 2024
• Newcleo: Clean nuclear energy scaleup, raised €135M in 2024 as part of its €1B capital increase
• NExT: Modular electric vehicle designer, raised €1.25M in 2024
• Nuvola Zero: Foodtech producing non-flour food alternatives, raised €1.4M in 2024

J to Z

• Jet HR: Personnel management platform, raised €4.7M in pre-seed funding in 2023 and €12M in 2024 led by Picus Capital.
• Octostar: Italian-Irish cyber-intelligence startup, raised €2M in 2024 for robotics and cybersecurity development
• Ogyre: Environmental regeneration platform using blockchain, focused on cleaning oceans through community-driven initiatives
• PhotonPath: Deeptech photonics startup, raised €1M in July 2024 for modular plug-and-play products
• Qromo: Digitizes processes in food retail and Ho.Re.Ca sectors, raised €1M in April 2024 with an €8M market valuation
• Radical Storage: Luggage storage platform, secured €6.66M in 2024, including €2M from Mamacrowd crowdfunding
• Reefilla: Second-life battery and mobile power solutions, raised €4.5M in 2024
• Renewcast: Wind power forecasting with AI, raised €2M in 2024, totaling €3M in funding
• Rent2Cash: Property leasing algorithms, raised €3M in July 2024, supported by Banca Finint
• Restorative Neurotechnologies: Cognitive rehabilitation devices, raised €3M Series A in November 2024, targeting international growth
• Restworld: Hospitality job matching platform, secured €1M in 2024, valued at €4M pre-money
• Shifton: Consultancy for smart city development, interpreting urban user needs for improved design
• Sibill: SME accounting automation startup, raised €6.2M in 2024 to simplify workflows and communication
• Skillvue: AI platform for talent evaluation in retail, banking, and insurance, raised €2.5M in 2024
• SPiN: Aerospace modular solutions, secured €1.63M in early 2024 to reduce satellite production costs
• Starting Finance: Financial education platform with 1.3M users, raised €1.5M in July 2024, completing a €2.5M funding cycle
• STEMA: STEM talent automation platform, raised €1.6M with United Ventures in 2024
• StepsConnect: GenZ and Millennial recruitment platform, secured €1M in March 2024
• Talet-e: Scooter recycling startup, raised €2.6M in 2024
• Tau Group: Electric motor cables for diverse sectors, raised €1.5M in November 2024
• The Okapi Network: Eco-friendly home care products under R5 Living brand, raised €1M in February 2024
• TrueScreen: Cybersecurity platform for digital evidence authenticity, raised €2.4M in 2024
• Ventive: Startup consultancy and investment firm, raised €2.4M in early 2024, with plans for a €5M round in 2025
• Vitesy: Sustainable well-being solutions, including tech vases and purifiers, raised €4M in September 2024
• Volta Software: AI platform for wholesale sales processes, secured €6M in 2024
• Voidless: Custom packaging machinery startup, raised €2.2M in February 2024
• WeShort: Short film streaming platform offering global content for users and businesses
• Wesii: Drone-based remote sensing startup, raised €2.8M in March 2024
• WiData: Smart city monitoring solutions with high-precision sensors, winner of SIOS24 Sardinia
• Wise: Neuromodulation medical device scaleup, secured €25M in summer 2024
• WithLess: AI-driven financial team cost optimization, raised €3M in 2024
• Wopta Assicurazioni: Insurtech MGA focused on businesses, raised €4.1M Series A in 2024
• WSense: Underwater wireless communications deeptech, raised €9M in 2024
• xFarm Technologies: Agritech digitization leader, raised €36M in 2024
• YoyoMove: Long-term car rental platform, secured €1M in October 2024
• Zefi.ai: AI analytics platform, raised €1.6M in pre-seed funding in 2024

This list stands as a powerful testament to the resilience and ingenuity of the innovation ecosystem, spotlighting startups that are boldly transforming industries and driving meaningful impact. As the SIOS24 Winter Edition approaches, these companies underscore the essential role startups play in shaping a dynamic and forward-thinking entrepreneurial future.