ALBA Robot, an innovative startup founded in 2019 by Andrea Bertaia and Giacomo Moiso, has announced the closing of a €4.98 million Series A round, led by CDP Venture Capital together with Next Investments and Enthofin. The capital raised will be used to accelerate the company’s growth and consolidate its position in the field of autonomous mobility in pedestrian environments.
The new round follows the €2.6 million seed completed in 2023 by the Cysero EuVECA Fund managed by AVM SGR. With these funds, ALBA Robot will continue the evolution from a technological platform to a mobility provider, expanding services for the autonomous movement of people, objects and data.
ALBA Robot develops micro-mobility solutions that transform transport within complex structures through fleets of autonomous vehicles. Incubated in I3P, the Innovative Business Incubator of the Polytechnic University of Turin, between 2020 and 2023, the startup was awarded “Startup of the Year 2023” for the social impact and technological innovation of its projects.
In the last 18 months, the company has carried out 11 pilot projects for a fee, two of which have already been converted into commercial services and two more are planned by the end of the year. After
On the international front, the company strengthens its presence in the United States: in addition to the operational base at Newlab Detroit, a C-Corp has been established in Delaware, a strategy that will favor new projects and local robot production.
Andrea Bertaia, CEO and co-founder, said: “With this investment, a new phase of growth begins. Starting from airports, we aim to extend our services and become the Waymo of pedestrian areas. A heartfelt thank you to Giovanna Dossena, Luca Todesco and Edoardo Bosio of AVM Gestioni, Mario Alparone of Finpiemonte and Piemonte Next and the entire CDP Venture Capital team, whose support goes far beyond the financial one”.
Alessandro Scortecci, Chief Direct Investments at CDP Venture Capital, added: “We are proud to have invested in ALBA Robot, renewing our confidence in the team and the potential of their technology. We believe that their international expansion and the development of new services can offer a concrete contribution to the quality of life of people with reduced mobility“.
Mario Alparone of Finpiemonte underlined: “We are particularly grateful to accompany the growth of ALBA Robot, a company that represents the innovative capacity of our territory in an exemplary way. The path of ALBA Robot demonstrates how collaboration between public and private can generate concrete value, favoring the birth of cutting-edge solutions in the field of autonomous and assisted mobility”.
