WSense Secures €10M To Advance Subsea Wi-Fi And Expand Its Underwater IoT Platform

The round saw participation from new investors Indico Capital Partners and SIMEST, alongside existing backers CDP Venture Capital SGR, Blue Ocean by SWEN, RunwayFBU, Axon Partners Group, Fincantieri and Rypples, bringing WSense’s total funding to over €25 million.

Founded in 2017 and led by Chiara Petrioli, Professor of Computer Engineering at Sapienza University of Rome and CEO since 2022, WSense has developed patented underwater wireless communication systems that enable real-time, secure and cost-efficient data transmission. Its technology allows sensors and autonomous vehicles from multiple vendors to interconnect supporting large-scale monitoring of marine ecosystems, infrastructure, and environmental conditions.

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“The entry of new investors such as Indico Capital Partners and SIMEST represents a strong recognition of the value of our technology and our international growth strategy,” said Chiara Petrioli, CEO of WSense. “We will accelerate the development of cutting-edge IoUT solutions for the energy transition, infrastructure security, and the protection of the oceans.”

Stephan de Moraes, Managing General Partner at Indico Capital Partners, commented: “Wsense is a great example of Italy’s deep tech capabilities and the opportunities emerging in ocean-related technologies."

WSense’s technology is used in a range of applications, including underwater infrastructure monitoring, real-time environmental tracking, and autonomous robotic networks that enable the energy transition.

The company employs over 80 engineers and researchers, with offices in Italy, Norway, and the UK, and team members based in France and the United Arab Emirates.

About WSense

WSense is a spin-off from Sapienza University of Rome pioneering underwater wireless communication through patented Internet of Underwater Things (IoUT) technology. Its expert R&D team develops advanced monitoring and communication systems that enable real-time, secure and scalable data exchange beneath the ocean surface.