Quindi funding news – Padua-based Quindi has Secured €525k in Seed Funding

Investor of the round

The investment was led by Open Venture, a venture capital firm focused on industrial innovation, and also received support from Considi S.p.A, a consultancy specializing in industrial operations. This funding will help Quindi improve its AI technology, grow its team, and expand internationally.

Fabio Oscari, CEO and co-founder of Quindi, highlighted the strategic value of the partnership with Open Venture: “The partnership between Quindi and Open Venture came about spontaneously, starting with an industrial acquaintance that produced a mutual and natural rapprochement. Quindi​ seeks for three fundamental characteristics in a partner: expertise, dialogue and vision. Open Venture’s professionals immediately demonstrated their capabilities, and the conversation with them was always aimed at creating value. Most of all, Open Venture shares our vision and ambition: to empower manufacturing companies with both strength and agility through technology, while always remembering that, at the core, alongside economic performance, are people and the environment.”'

The founding team of Quindi includes CEO Fabio Oscari, CTO Simone Minto, COO Luca Barbazza, and Head of Growth Alberto Frison, who bring skills in AI, mechatronics, and production systems.

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It’s technology is already being used by companies like Bianchi Bicycles and EPTA Group. The funding from Open Venture will help Quindi improve its AI algorithms, better integrate data, and expand its operations.

The money will also support marketing and help it expand into European and US markets by 2025. The startup plans to double its team by then, adding experts in manufacturing, AI, and operations.

Gianni Dal Pozzo, founder and CEO of Considi S.p.A. “Our partnership has proven its success on the market: we draw on our respective competences to enable the transition of manufacturing companies towards Industry 5.0, putting people at the heart of industrial processes and technology at their service. The entry of Open Venture in the capital of Quindi represents a further step in the joint path to become the reference point in Made in Italy technology consulting, supporting Italian companies to seize the opportunities offered by digital technologies.”

Virginia Filippi, president of Open Venture and a member of it’s board, expressed confidence in the startup’s mission. She explained that by using accurate, organized data to improve processes, companies can reduce waste. Partnering with Quindi helps them contribute to both companies and people, while also saving energy and benefiting the environment.

Quindi plans to raise more funds by 2025 to strengthen its role in smart manufacturing and digital transformation.

About Quindi

Founded in 2022 Quindi aims to transform smart manufacturing with its Production Copilot. This AI tool combines data from machines, orders, and staff to improve production. By using real-time data and custom algorithms, the platform helps companies handle production issues like equipment problems or employee absences.