The transaction has been completed for a total amount of €6M through an ABB, with Axon Partners Group acting as anchor investor alongside Algebris Investments Limited. The financing, achieved through a capital increase, has been implemented with the objective of supporting the company’s strategic plan, which aims to reinforce its position as a market leader in a sector with high growth potential.
Franchetti SpA develops technology products that integrate AI-based functionalities and leverage one of the world’s largest infrastructure databases. This enables the company to provide services that offer highly sophisticated solutions for the predictive maintenance of critical infrastructure, including bridges. Further information can be found here.
This new investment in Italy establishes Axon as a leading foreign partner in the country.
