(Finance) – Deep Ocean Capital SGR and Primo Ventures SGR have invested 3.5 million euros in AIKOa Turin scaleup that develops advanced software based on artificial intelligence and automation for space applications. The operation, which brings AIKO’s total collection to 6.5 million euros, is part of a total capital increase of 5 million euros, still underway and open to new investors, with the aim of accelerating the growth of the scaleup and encouraging its international expansion.
The investments of Deep Blue Ventures and Primo Ventures (already an investor in the 2020 round, in which AIKO raised 1.5 million euros) will support the growth of the scaleup on several fronts: on the one hand, continuing the internationalization of the company in France and starting the expansion in the USA, on the other hand accelerating the commercial scalability of the software solutions already on the market. It is a strategy that aims to consolidate AIKO’s presence on the enterprise software market over the next two years. The series B round is expected in 2026-27.
“With this round we want to position ourselves as a global reality capable of serving all the main players in the space industry both on European and American territory – he declares Lorenzo Feruglio, founder and CEO by AIKO – Our vision is to become the main global supplier of cutting-edge software solutions for space applications based on artificial intelligence and this operation represents a fundamental step for us at a crucial moment in our growth, which will allow us to scale our solutions and expand overseas.”
As regards theinternational expansionthe new funding will allow AIKO to implement the European development strategy (with the team growing from 40 to 70 people) and plan the global strategy. The new funds will also be allocated to the growth of the Toulouse office with an expansion of the team and the strengthening of the presence in France. A further objective is expansion into the United States, a global leader in the space economy where AIKO plans to open an office by 2025.