Novac, a Modena, Italy-based startup, has raised €3.5M in Seed funding. The funding will be used to accelerate the development of its technology in supercapacitors.
Amount Raised
€3.5 Million
Round Type
Seed
ModenaManufacturingEnergyRenewable EnergySolarEnergy StorageInvestors
Description
Novac, a Modena, Italy-based startup manufacturing supercapacitors for the energy, mobility, and industrial sectors, raised €3.5M in Seed funding. Backers included Eureka! Venture, CDP Venture Capital and Galaxia. The company intends to use the funds to accelerate the development of its technology. Led by CEO Matteo Bertocchi, Novac develops new supercapacitors for sustainable energy storage systems.
Quick answer
Novac raised €3.5 Million in a Seed round, dated March 25, 2025. Investors: Galaxia, CDP Venture Capital and Eureka! Venture. Novac is based in Modena, Emilia-Romagna, Italy.
- How much did Novac raise?
- Novac raised €3.5 Million in a Seed round on March 25, 2025.
- Who invested in Novac?
- Galaxia, CDP Venture Capital and Eureka! Venture are named as investors in this round.
- What does Novac do?
- Novac is a Modena, Italy-based startup specializing in the manufacturing of supercapacitors for various sectors including energy, mobility, and industrial applications.
- Where is Novac based and how big is it?
- Novac is based in Modena, Emilia-Romagna, Italy. Fundz records about 19 employees.
- Who are the decision-makers at Novac?
- Fundz holds 1 contact at Novac. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Novac that raised within 45 days of this round, from Fundz verified event records.
- Mainspring Energy raised $258M (Series F) on April 14, 2025.
- Dragonfly Energy Holdings Corp raised $3.5M on February 27, 2025.
- Volt14 raised $1.9M (Pre-Series A) on May 5, 2025.
- Jupiter International raised $58M on April 15, 2025.
- Aetherflux raised $50M (Series A) on April 2, 2025.
- MPower Ventures AG raised $2.7M (Funding Round) on March 17, 2025.
Who to call at Novac, and when
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