Deeptech Startup Archimede Raises €1.5 Mn in Seed Round

The funding round was led by Primo Capital SGR through its Primo Digital, Primo Digital Parallel Italia, and Primo Digital Parallel Sud Italia funds. Other investors included CDP Venture Capital, Plug and Play, ELIS through the CrossConnect InfraTech programme, 40Jemz, and Irritec.

The company will use the new funding to grow its technical and commercial teams, complete product development, expand enterprise pilot projects, and support its international growth.

“In just over two years, we have transformed an idea born in Sicily into a technology startup ready to grow in international markets. We want to make the management of remote infrastructure and assets simple and accessible by integrating energy, satellite connectivity, and software control into a single system.

“We want to challenge the stereotypes about Sicily and demonstrate that innovation can start here and reach the rest of the world,” says Riccardo Puglisi, CEO and co-founder of Archimede.

“What convinced us about Archimede was not only the technology itself, but also the way it was built: in an environment where energy, connectivity, and access to resources are never guaranteed, this very challenge has now become the company’s product,” adds Mara Attardi, Investment professional at Primo Capital. “The result is an integrated stack designed to operate at the edge of the connected world, which also happens to be where demand is growing the fastest.”

Founded in 2024 by Riccardo Puglisi, Alessandro Basile, and Ferdinando Anselmi, Archimede has developed ArchMesh a modular plug-and-play system that helps manage and monitor critical infrastructure in remote areas without reliable internet or power connections.

The platform combines predictive energy management, satellite connectivity, and an easy-to-use low-code software platform in one solution. This allows businesses to monitor and control equipment and assets remotely, even in off-grid locations.

By bringing these technologies together, Archimede helps companies easily manage remote infrastructure, improve operational efficiency, and make industrial and infrastructure networks more reliable and resilient.