Funded Startups in Modena
Across the 5 most recent Modena-area entries, the largest disclosed round is Axyon AI’s $5M on 2025-04-02, a clear outlier versus the next disclosed amount…
Across the 5 most recent Modena-area entries, the largest disclosed round is Axyon AI’s $5M on 2025-04-02, a clear outlier versus the next disclosed amounts ($4M for Novac on 2025-03-24, then $2M for PinCell s.r.l. on 2020-05-07; $800K for Neuron Guard on 2021-11-09). Sector clustering is visible: AI and consumer electronics appear once each at the top of the list (Axyon AI and Novac), while biotechnology shows up again beyond the latest window (Neuron Guard in 2021-11-09 at $800K and PinCell s.r.l. in 2020-05-07 at $2M). Stage labeling is also uneven: 2 of 5 rows are “Series Unknown” and 1 is undisclosed (CBM on 2024-03-27), limiting cross-round comparisons. Temporally, rounds span from 2020-05-07 (PinCell s.r.l.) through 2025-04-02 (Axyon AI), with two disclosed rounds concentrated within 9 days in March–April 2025 (Novac on 2025-03-24 and Axyon AI on 2025-04-02).
Most recent rounds
5 shownRelated listings
Frequently asked
What stands out about the size of the largest disclosed round in Modena, and how does it compare to the rest?
Axyon AI’s $5M (2025-04-02) is the largest disclosed amount in this list, sitting above Novac’s $4M (2025-03-24) and well above the remaining disclosed amounts of $2M (PinCell s.r.l., 2020-05-07) and $800K (Neuron Guard, 2021-11-09). CBM (2024-03-27) is undisclosed, so it doesn’t affect the disclosed-size ranking.
Are there any tight timing clusters among these rounds?
Yes. Two disclosed rounds fall within a 9-day window in late March to early April 2025: Novac ($4M, 2025-03-24) and Axyon AI ($5M, 2025-04-02). Outside that window, the next disclosed dates are much earlier (2021-11-09 and 2020-05-07).
Which sectors appear most often, and do they cluster in time?
Biotechnology appears in 2 of 5 entries: Neuron Guard (2021-11-09, $800K) and PinCell s.r.l. (2020-05-07, $2M). By contrast, AI (Axyon AI, 2025-04-02) and consumer electronics (Novac, 2025-03-24) each appear once in the most recent cluster, with manufacturing present once via CBM (2024-03-27, undisclosed).
How complete is the stage information, and does it limit comparability?
Stage labels are incomplete in 3 of 5 rows: 2 entries are marked “Series Unknown” (Axyon AI, 2025-04-02 at $5M; PinCell s.r.l., 2020-05-07 at $2M) and 1 is “undisclosed” (CBM, 2024-03-27). The remaining disclosed stage entries are Seed for Novac (2025-03-24, $4M) and Debt Financing for Neuron Guard (2021-11-09, $800K).
Are there outliers besides the largest check, such as unusually small disclosed amounts?
Neuron Guard’s $800K (2021-11-09) is the smallest disclosed amount in this set, and it sits in the same biotechnology sector as PinCell s.r.l.’s $2M (2020-05-07). With CBM’s amount undisclosed (2024-03-27), only the disclosed amounts can be ranked, making Neuron Guard’s smaller size the clearest low-end datapoint.
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.