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Italy’s Phononic Vibes Raises $2.7m for Noise-Reduction Tech

October 8, 2020

Italian deeptech startup Phononic Vibes, which creates solutions for noise and vibration reduction, has secured a €2.3 million ($2.7m) funding round led by compatriot firm EUREKA! Venture SGR.

The round, which builds on a €500,000 ($587,000) injection last January, will help Phononic Vibes scale out its solutions in Italy and beyond. The company, a university spin-out, innovates in the field of metamaterials to protect against noise and vibration in areas like mobility.

The Milan-based firm is currently working with German rail operator Deutsche Bahn on underground panels aimed at dampening noise footprints, for example – and has built solutions for companies in construction, home appliances and other verticals.

“In Italy we have an extraordinary investment potential in deeptech and technology transfer, whose goal is to transfer scientific research into products that can benefit the entire community,” said Stefano Peroncini, CEO of EUREKA! Venture SGR.

“Consistent with this vision, Phononic Vibes’ team was able in a very short amount of time to go from the academic laboratory idea to the realization of proof-of-concept projects with industrial partners and it is now ready to move ahead and face the market challenge.”

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Filed Under: Enterprise, Europe, Startups, Top Story

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