UTwin, the start-up incubated in I3P which proposes a digital twin platform for empowering buildings data, announced the raise of a €400,000 investment for its seed round. The announce just follows its re-branding activity from Strategic BIM to UTwin.
The funding round was led by CDP Venture Capital, who invested in UTwin after Techstars, the US-leading start-up accelerator. In the last months, UTwin was also supported by Intesa Sanpaolo, the leading italian banking institution, with the win of the "ESG Climate in Action" contest promoted by Intesa Sanpaolo Vita.
"With this funding, we will have the opportunity to expand our international presence, grow brand awareness and accelerate our R&D pipeline," said Roberto Demarchi, CEO of UTwin. "I’m excited about the growth we’ve been able to accomplish and the impact we’ve had, in such a short time, for building owners and property managers".
UTwin started in 2020 with a unique value proposition: empowering buildings data through digital twins. Since then, the company worked with blue chip clients like Lavazza, Amazon and SVICOM, digitalizing more than 1M m2 of buildings, thanks to a growing, under-35 and international team.