Involve, an innovative Italian firm specializing in the development of stratospheric balloon technology, has successfully concluded a €2.5 million seed round. This funding round, led by Earlybird Venture Capital and supported by Takeoff, marks a significant milestone for the company as it looks to revolutionize real-time Earth monitoring, telecommunications, and infrastructure.
The investment round attracted the attention of prominent investors, including UniCredit, Fondazione CRT, and Plug and Play, which also manages its operations. This collective effort underscores the recognition of Involve’s groundbreaking solutions.
Jonathan Polotto, the visionary CEO and Founder of Involve, expressed his anticipation for the next phase of the company’s expansion. “Our sights are now set on the vast opportunities awaiting us in Houston, USA,” Polotto stated. This move signifies Involve’s ambition to establish a presence in one of the world’s leading hubs for technology and innovation.
By harnessing the power of stratospheric balloons, Involve aims to provide real-time monitoring of Earth’s vital systems. With applications spanning environmental research, disaster management, and telecommunications, Involve’s technology has the potential to revolutionize numerous industries.
The recent funding will enable Involve to accelerate its research and development efforts while expanding its global footprint. With a strong financial backing and a determined team, the company is poised to reshape how we monitor and interact with our planet.