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The Seed round was led by Galaxia and Axon Partners Group, along with COREangels Climate and Piemonte Next. The investment will enable MESPAC to complete the development of its artificial intelligence algorithms and finalize its cloud platform to provide data and analytics as a service.
MESPAC, a spin-off from the Politecnico di Torino specializing in integrating satellite and in-situ data through advanced artificial intelligence algorithms, has successfully closed a new investment round. The round was led by Galaxia, the National Technology Transfer Hub of CDP Venture Capital, focused on the aerospace sector, and Axon Partners Group, an international investment and consulting firm specializing in technology and innovation through its NTV fund, focused on climate tech and deep tech. Other participants in the round include COREangels Climate and Piemonte Next, a fund managed by CDP Venture Capital and financed by regional financial institution FinPiemonte, aimed at driving innovation in the region.
This transaction reinforces Axon Partners Group’s strategy through its Next Technology Ventures II (NTV II) fund, designed to support disruptive and technology-driven companies in various energy transition verticals. Since its launch in 2023, NTV II has invested in companies developing technologies for industrial decarbonization, long-term energy storage, green hydrogen, carbon capture, smart grids, and new molecule discovery.
With this investment, MESPAC will complete the development of its artificial intelligence algorithms and launch its cloud platform. This milestone will be validated in real-world environments in collaboration with leading industry partners, ensuring a strong foundation for large-scale solution adoption.
MESPAC is redefining the way metocean data is collected and analyzed by eliminating the exclusive reliance on costly physical sensors and improving the speed and accuracy of data available to offshore wind farm developers. Its technology combines the reliability of field measurements with the scalability of a digital approach, delivering high-quality data in significantly reduced timeframes.
Álvaro Pascual, Senior Investment Associate at Axon Partners Group, stated: `MESPAC’s solution represents the kind of disruptive technology we aim to invest in, combining deep tech and sustainability to deliver real-world impact. We are excited to support Andrea and his team during this growth phase and look forward to seeing how they will revolutionize the sector.
This investment allows us to realize our vision of making metocean data accessible, reliable, and essential to accelerating the global energy transition,said Andrea Gulisano, CEO and co-founder of MESPAC. ;We are thrilled to partner with investors who share our commitment to sustainability and the adoption of innovative solutions. The success of offshore projects depends on the availability of fast, accurate, and historically reliable meteorological data, which enables developers to design and plan more precisely, reducing risks and optimizing construction timelines. Traditional campaigns often involve high costs and delays due to fragmented or late-arriving information. MESPAC overcomes these challenges with a faster, more reliable, and scalable approach, supporting the energy transition and the development of offshore renewable energy