Tuesday, October 14, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home World Regional News Europe

Italian startup NEWTWEN bags new €7M

Femi Thomas by Femi Thomas
06/01/2023
in Europe
0 0
0
NEWTWEN Italy

NEWTWEN Italy

0
SHARES
Share on FacebookShare on Twitter

Padua, Italy-based NEWTWEN, a company that focuses on developing advanced software solutions in the Digital Twins area, announced that it has secured €7M in a Series A round of funding.

The round was led by 360 Capital with participation from Vertis SGR, CDP Venture Capital SGR, Plug and Play Tech Center, and JOIN CAPITAL.

In 2020, NEWTWEN secured its initial investments from Vertis.

The company will use the funds to expand its sales network in the European market and accelerate technology and product development.

Founded by Francesco Toso, Riccardo Torchio, Milo De Soricellis, Silverio Bolognani, and Piergiorgio Alotto, NEWTWEN was born in 2020 as a spin-off of the University of Padua under the name of Hexadrive Engineering.

NEWTWEN develops advanced software solutions for the electrical drive and automation industry that can quickly and automatically generate Digital Twins that operate in real-time.

The company’s Digital Twins on Chip (DTOC) provide optimal cooling management, real-time monitoring, and model predictive control allowing for lower production costs, higher efficiency, energy saving, and extended lifetime.

The platform integrates Digital Twins into existing systems, enhancing their performance, durability, and dependability.

Essentially, it offers a unified solution that directly delivers essential data to the microchip, ensuring unparalleled accuracy for real-time, multi-physics simulations.

This is accomplished while adhering to the computational limitations imposed by the systems’ existing electronics.

 

Read more on Tech Gist Africa:

Italy’s proptech startup Roomless raises €1.5 Million

Madrid-based Webel raise €550K

Italian climate tech scaleup 3Bee raises €5M

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Femi Thomas

Femi Thomas

Related Posts

Tech Event
Europe

Network X 2025: Paris Set to Host Premier Telecom Innovation Summit

by Tech Gist Africa
10/09/2025
0

Network X 2025, the leading global event uniting the fixed-line and mobile telecommunications sectors, is scheduled to take place from...

Read more
Innovation Week 2025 Prague

Innovation Week 2025: Prague Hosts Europe’s Largest AI & Tech Gathering

10/09/2025
Funding

UK Government Launches £500 Million Fund to Propel Regional Tech Innovation

10/09/2025
AI funding

EU Unveils €1 Billion ‘Apply AI’ Strategy to Boost Domestic AI Adoption

10/09/2025
Nofence Norway

Norwegian ag-tech firm Nofence has closed a Series B round of over US$35 million

09/23/2025
Next Post
Encare Sweden

Sweden’s healthcare startup Encare secures €1.5M

Sekoia.io France

Paris-based Sekoia.io bags €35M

Yuvod Spain

Spanish media-tech start-up Yuvod raises €4M

No Result
View All Result

The Big 5

Ized Uanikhehi

The Visionary Journey of Ized Uanikhehi

by Tech Gist Africa
10/13/2025
0

...

Funding

UK Government Launches £500 Million Fund to Propel Regional Tech Innovation

by Tech Gist Africa
10/09/2025
0

...

AI funding

EU Unveils €1 Billion ‘Apply AI’ Strategy to Boost Domestic AI Adoption

by Tech Gist Africa
10/09/2025
0

...

Tech in Asia Conference 2025

Tech in Asia Conference 2025: Shaping Southeast Asia’s Digital Future

by Tech Gist Africa
10/09/2025
0

...

Amazon Web Services AWS Startups

AWS Selects 40 Startups for 2025 Generative AI Accelerator

by Tech Gist Africa
10/09/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.