Milan based Niulinx has secured 38 million EUR in a new funding round, marking the largest investment in autonomous driving technology to date in Italy. The funding round was led by A2A and CDP Venture Capital, with each firm contributing 10 million EUR. Additional backing was provided by a consortium including AFL, Ferrovie dello Stato Italiane, Pirelli, VC Partners SGR, MOST, and the ICO Falck Foundation along with strategic individual investors.
Niulinx is a spin off from the Politecnico di Milano that emerged from the AIDA research group led by Professor Sergio Matteo Savaresi. The company focuses on the development of a complete autonomous driving technology stack ranging from environmental perception and path planning to vehicle control and remote fleet management. Their business model emphasizes a regulatory first and capital efficient approach designed for the European market.
The startup plans to use the capital to complete its autonomous driving technology stack and secure European type approval. Funds will also be allocated toward expanding the team to more than 100 engineers and data scientists and launching a franchising model with local operators, beginning with a planned expansion into Germany.
This investment reflects a growing industrial convergence in Italy across the mobility, energy, and infrastructure sectors. By leveraging proprietary technology and a scalable operational strategy, the company aims to establish itself as a significant player in the European autonomous driving landscape.
Niulinx is a spin off from the Politecnico di Milano that emerged from the AIDA research group led by Professor Sergio Matteo Savaresi. The company focuses on the development of a complete autonomous driving technology stack ranging from environmental perception and path planning to vehicle control and remote fleet management. Their business model emphasizes a regulatory first and capital efficient approach designed for the European market.
The startup plans to use the capital to complete its autonomous driving technology stack and secure European type approval. Funds will also be allocated toward expanding the team to more than 100 engineers and data scientists and launching a franchising model with local operators, beginning with a planned expansion into Germany.
This investment reflects a growing industrial convergence in Italy across the mobility, energy, and infrastructure sectors. By leveraging proprietary technology and a scalable operational strategy, the company aims to establish itself as a significant player in the European autonomous driving landscape.