Although Eggtronic is still a rapidly growing start up, its catching entrepreneurs’ confidence and funding. Investors are motivated by our Italian engineering heritage and our team’s skills and competence.
In the last 3 months we’ve been able to raise 2.5 million Euros (approx. $2.7m). Specifically 1.5m Euro’s raised by risk capital and a further 1m Euro’s via the Italian Ministry of Economic Development, where Eggtronic was selected via the MOED’s highly promoted Smart & Start competition where their objective is to help innovative Italian hi-tech starts-ups to grow and develop.
These funds will enable Eggtronic to invest in research and new innovative product’ development.
CEO, Igor Spinella, announced: “we’ve registered innovative patents and are working on exciting new products. These funds will enable us to industrialize our technologies, technologies that are able to change the world.”.