Beyond its iconic skyline, rich history, and designer boutiques, Milan is also recognized as a top European hub for technological innovation and entrepreneurship. The city has been adapting to the new digital age, positioning itself as a vital locale for budding enterprises and forward-thinking creators.
The vibrant startup ecosystem in Milan is teeming with companies that focus not only on growth but also on delivering impactful, sustainable solutions across various industries. Initiatives like the MIND Milano Innovation District, which champions scientific and sustainable development are reshaping Milan into a centre for innovation, where traditional sectors meet the possibilities afforded by new technologies, fostering a dynamic environment for startups to thrive.
On that note, we have curated a list of 10 promising startups based in Milan, all founded from 2020 up to this day. These companies exemplify the innovative spirit and entrepreneurial drive that define Milan’s new business landscape. From cutting-edge technology firms to sustainable product developers, these startups are at the forefront of their industries, ready to impact not just the Italian market but the global stage as well. Let’s dive right into it!
AGADE: Founded in 2020, AGADE designed a smart exoskeleton that enhances workplace safety and efficiency. They employ semi-active AI technology to support industrial workers in manufacturing, automotive, and logistics by mitigating muscle fatigue and injury risks during dynamic tasks. To date, they have secured €14.1 million in funding, offering revolutionary support in physical tasks.
Babaco Market: Founded in 2020, Babaco Market tackles food waste by delivering boxes of non-standard fruits and vegetables directly to consumers. The service is designed to reduce food waste, support local producers, and promote sustainable consumer choices. With €8.1 million in funding, they bring sustainable eating options right to your doorstep, promoting environmental consciousness.
Chiron Energy: Founded in 2020, the Chirion group is one of the leading independent renewable energy producers in Italy. They are strongly committed to fighting climate change through decarbonization projects in strategic economic sectors, including the production, storage, and distribution of energy from renewable sources. To date, they have secured over €84.5 million.
Contents.com: Founded in 2021, Contents.com leads the charge in AI-driven content creation, boasting advanced tools for generating text, audio, video, and animations. With €24.4 million in funding, they cater to a diverse client base, from small bloggers to large corporations, enhancing global content strategies.
Gility: Founded in 2021, Gility collaborates with top business schools to deliver cutting-edge digital learning platforms. They offer a diverse array of online courses from beginner to advanced levels, covering topics like GDPR compliance, digital sales management, and Excel proficiency. They have secured over €12.4 million to enhance the effectiveness of professional training programs.
JAMPY: Founded in 2022, JAMPY is dedicated to revolutionizing the pet industry by setting new standards in health and wellness for dogs. Supported by €1 million in funding, JAMPY’s research and development process is geared toward creating safe, effective products that address common canine health issues, offering a range of wellness products like multivitamins and joint supports to enhance the well-being of pets.
Jet HR: Founded in 2023, Jet HR streamlines personnel management for companies, handling tasks like payroll, welfare, computers, and medical appointments with ease. The company has reimagined HR practices by eliminating cumbersome processes and simplifying all personnel actions. So far, they have raised €4.7 million.
qomodo: Founded in 2023, qomodo is a digital payment system that streamlines financial transactions for businesses by providing immediate payments while allowing customers to pay in interest-free instalments. It is designed to simplify payments and multiply earnings by ensuring smooth cash flow and broadening customer satisfaction and loyalty. To date, they have secured €34.5 million.
tundr: Founded in 2021, Tundr first introduced TundrMove, the very first sustainable mobility voucher system, which enhances workplace quality of life through green transportation options. In 2023 they evolved into an all-in-one welfare platform, becoming the first Social FinTech dedicated to non-salary benefits. To date, they have secured over € 2million in funding.
Viceversa: Founded in 2021, Viceversa is a powerful growth platform that boosts businesses at the pace they desire with equity-free investments and data-driven insights. This European fintech company aims to become the premier financial and operational partner for the next generation of digital businesses, helping them make better decisions. To date, they have raised an impressive €33 million, further solidifying their commitment to supporting innovative digital enterprises.
By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.eu-startups.com/2024/04/10-milan-based-startups-to-watch-in-2024-and-beyond/
