June 25, 2024

3 minutes

MATIX Secures Investment from Invitalia to Expand IoT Sensor Offering

We are excited to announce that MATIX has secured a significant investment through Invitalia's Smart&Start Italia program. This new funding will enable us to continue developing the next generation of connected and independent sensors, expanding our offering to digitize industrial asset management.

Invitalia: A Catalyst for Italian Economic Development

Invitalia, the national development agency owned by the Ministry of Economy, plays a crucial role in the economic growth of our country. Focusing on strategic sectors for development and employment, Invitalia revitalizes crisis areas, with particular attention to the South of Italy. It manages all national incentives that foster the creation of new businesses and innovative startups, financing projects of various sizes with a focus on innovation and high added value. The Smart&Start Italia program is a key tool of Invitalia, supporting innovative startups with high-tech projects capable of making a significant impact in their respective sectors' digitalization.

MATIX: A New Generation of IoT Sensors for Industrial Asset Management

In the coming months, MATIX will finalize the development of a new generation of connected and plug-and-play IoT sensors. These sensors will enhance our clients' ability to optimize the management of their industrial assets, focusing on predictive maintenance and quality monitoring. Additionally, our asset management platform, powered by artificial intelligence, will offer improved data analysis capabilities. Invitalia's funding acknowledges our commitment to the digital transformation of the manufacturing sector. Initial developments will be available by the end of 2024, with many companies already eager to test our new products in advance

Conclusion

The funding obtained by MATIX through Smart&Start Italia marks an important milestone in our growth and innovation journey. With Invitalia's support, we are ready to develop the next generation of connected and independent sensors, contributing to a more efficient and sustainable future both economically and ecologically.

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