Funded Startups in Lugano
Lugano’s most recent disclosed round is Energy Vault’s $18M on 2025-07-24, which dwarfs the next-largest disclosed amounts in the same view: $3M appears mu…
Lugano’s most recent disclosed round is Energy Vault’s $18M on 2025-07-24, which dwarfs the next-largest disclosed amounts in the same view: $3M appears multiple times (Sartiq on 2025-09-23, Piece on 2025-04-21, and InVirtuoLabs on 2025-02-20), while the AI-seeded rounds are $600K (The Nemesis on 2025-05-16) and $1M (Gaia Turbine is $1M on 2025-03-21, in Energy). The list also shows clustering by timing: five of the 13 entries fall between 2025-02-20 and 2025-05-16 (InVirtuoLabs, Gaia Turbine, Piece, The Nemesis, and Energy Vault).
Sector-wise, AI appears in 3 entries (Sartiq, The Nemesis, InVirtuoLabs), while Finance shows up in 2 (Piece and Coinnect). Stages are mixed, but “Seed” is common (4 entries with Seed labels: The Nemesis, Piece, Gaia Turbine, and InVirtuoLabs), and there are 3 undisclosed amounts (PrimalBee on 2024-10-18, Intraverse on 2024-02-13, and Sinomedica on 2022-06-02). Dates span from 2022-06-02 (Sinomedica) through 2025-09-23 (Sartiq).
Most recent rounds
13 shownRelated listings
Frequently asked
What’s the largest disclosed round shown for Lugano, and how far above the rest is it?
Energy Vault’s $18M (2025-07-24) is the clear high end of the disclosed amounts. The next-largest disclosed figures in the list sit around $3M (Sartiq on 2025-09-23, Piece on 2025-04-21, and InVirtuoLabs on 2025-02-20), with other disclosed entries like $4M (BloodLoop, 2024-03-27) and $2M (Coinnect and Wyth, both in 2022) coming below that peak.
Do these Lugano-funded rounds cluster in a specific recent date window?
Yes. Between 2025-02-20 (InVirtuoLabs) and 2025-05-16 (The Nemesis), five entries appear: InVirtuoLabs ($3M, 2025-02-20), Gaia Turbine ($1M, 2025-03-21), Piece ($3M, 2025-04-21), The Nemesis ($600K, 2025-05-16), and Energy Vault ($18M, 2025-07-24). That’s a concentrated run rather than a steady spread.
Which sectors are over-represented across the 13 entries?
Artificial Intelligence appears in 3 entries: Sartiq (Fashion, AI; 2025-09-23, $3M), The Nemesis (AI; 2025-05-16, $600K), and InVirtuoLabs (AI; 2025-02-20, $3M). Financial Services shows up in 2 entries (Piece on 2025-04-21, $3M; Coinnect on 2022-08-15, $2M), while Energy also appears in 2 entries (Gaia Turbine on 2025-03-21, $1M; Energy Vault on 2025-07-24, $18M).
What stage mix dominates this list, and where are the strongest counterexamples?
Seed is the most frequent labeled stage at 4 entries (The Nemesis, Piece, Gaia Turbine, InVirtuoLabs), each tied to disclosed amounts of $600K, $3M, $1M, and $3M respectively. Against that baseline, the most visible counterexample is Energy Vault’s “Series Unknown” round at $18M (2025-07-24), and one Pre-Seed round is very small at $190K (Crion, 2024-02-23).
Are there outliers, including missing/disclosed patterns, that stand out for diligence?
Two types of outliers stand out. First, scale: Energy Vault’s $18M (2025-07-24) is far above other disclosed rounds, such as BloodLoop’s $4M (2024-03-27) and Crion’s $190K (2024-02-23). Second, disclosure gaps: 3 entries list “undisclosed” amounts—PrimalBee (2024-10-18), Intraverse (2024-02-13), and Sinomedica (2022-06-02)—so comparisons based on disclosed funding won’t fully cover those deals.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.