New funding from Indaco Ventures I – Parallel Lombardia
Summary
Easyrain, the Italian tech company at the forefront of predictive and active solutions for the automotive industry, is pleased to announce the completion of a equity round aimed at driving further growth, advancing its technology roadmap, and launching on the market its innovative automotive safety solutions tailored to carmakers needs.The round was led by Indaco Venture Partners SGR, one of Italys leading independent venture capital firms, which has supported Easyrain since 2018 and shares its mission to reduce road accidents and save lives. Private investors also joined the round.This achievement marks an extraordinary milestone for Easyrain, which in 2024 secured a major commercial success: attaining Tier 1 supplier status by signing a contract with a leading car manufacturer to supply its DAI (Digital Advanced Information) virtual anti-aquaplaning sensor. The first vehicle equipped with this groundbreaking software system, capable of detecting both partial and complete aquaplaning, will be introduced to the market in 2025.Beyond commercial achievements, 2024 was a landmark year for Easyrains technological advancements. Highlights include: Expanding the Digital Advanced Information virtual sensor platform with capable of detecting tyre pressure loss, tread wear, and suspension asymmetry. Developing revolutionary solutions to and enhance the performance of ADAS and autonomous driving systems.Looking ahead, Easyrain is preparing for 2025 with plans to grow its team by 30% compared to 2024, focusing on key market-driven projects.