22 AI Startups in Milan to Watch (and Work for) in 2023
AI is rapidly transforming the way we think about and interact with the world around us. Across Europe, but particulartly in Milan, AI startups are pushing boundaries, fixing problems worth solving, and reshaping the contours of their industry.
As we get into the end of 2023, we've curated a list of the top AI startups in Milan that are making waves. We update this list monthly by tracking activity in our database of 17,000 technology companies in Europe and sort them dynamically using our Seedtable score, ensuring objectivity.
Changelog
Last update: November 2, 2023. Updated the Investor Score. See changelog .
Rankings are calculated using our Seedtable score – a 1 to 100 score that uses quantitative and qualitative data points (examples are money raised or employees over time) to signal the momentum behind a company. A score closer to 100 indicates a company worth watching closely.
Featured companies in Company
50Featured
Welmed is an innovative Italian startup company that operates in the digital healthcare services environment.
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Latest Funding
$5.8 Million · Series A
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Employees
1 to 10
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Investors
Alchimia Investments
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Business Model
B2B, SAAS
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Industries
Health Tech, AI, Data and Analytics
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Locations
Milan
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Contact
•••••@welmed.it
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39Featured
Generative AI platform for content creation.
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Latest Funding
$1.1 Million · Seed
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Employees
51 to 100
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Investors
Synergo Capital, CDP Venture Capital Sgr
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Business Model
B2B, SAAS
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Industries
AI, Media and Entertainement, Data and Analytics, Business Intelligence
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Locations
Milan
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Contact
•••••@contents.com
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34Featured
AI-driven speech synthesis.
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Latest Funding
$1.1 Million · Seed
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Employees
11 to 50
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Investors
EIC Accelerator, LIFTT
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Industries
AI
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Locations
Milan
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Contact
•••••@voiseed.com
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Full list of AI startups in Milan
31iGenius provides augmented analytics for business data.
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Latest Funding
$10 Million · Series A
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Industries
AI, Data and Analytics, Business Intelligence
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Locations
Milan
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Employees
101 to 250
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Business Model
B2B, SAAS
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Contact
•••••@igenius.ai
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29EdilGo is a SaaS-enabled marketplace for construction. Its unique AI solution is able to automate the procurement process in construction.
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Latest Funding
$350 Thousand · Pre Seed
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Industries
AI, Proptech & Real Estate, Machine Learning, IT Management
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Locations
Milan
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Employees
11 to 50
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Business Model
B2B, SAAS, MARKETPLACE
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Investors
CDP Venture Capital Sgr
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Contact
•••••@edilgo.com
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28Carbon emissions tracking platform.
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Latest Funding
$3.7 Million · Seed
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Industries
AI
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Locations
Milan
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@u2y.it
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25A pioneer of the circular economy, greenchic is the number 1 fashion tech startup in Italy.
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Latest Funding
$3.1 Million · Series A
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Industries
AI
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Locations
Milan
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Employees
51 to 100
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Contact
•••••@greenchic.com
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25Velasca is a direct-to-consumer brand, focused on offering Made in Italy shoes at friendly prices.
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Latest Funding
$2.4 Million
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Industries
AI
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Locations
Milan
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Employees
11 to 50
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Contact
•••••@velasca.com
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21Next-generation credit platform for banks and financial institutions based on open banking and alternative data
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Latest Funding
$3 Million · Seed
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Industries
Fintech, AI, Machine Learning, Business Intelligence
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Locations
Milan
- Employees
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Business Model
B2B, SAAS
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Contact
•••••@faire.ai
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18Algo AI has developed an algorithm based on artificial intelligence. Our technology analyzes a person's soft skills and behavioral traits.
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Latest Funding
$570 Thousand · Pre Seed
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Industries
AI
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Locations
Milan
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Employees
1 to 10
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Contact
•••••@algointerview.it
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18Independent Italian men's grooming company offering premium care to premium men
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Latest Funding
$710 Thousand · Pre Seed
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Industries
AI
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Locations
Milan
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Employees
11 to 50
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Contact
•••••@barberinosworld.com
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18Emotiva is a deep tech artificial intelligence company specialized in measuring human's attention and affective states.
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Latest Funding
$580 Thousand · Seed
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Industries
Health Tech, AI, Machine Learning, Data and Analytics, Business Intelligence
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Locations
Milan
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Employees
1 to 10
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Business Model
B2B, SAAS
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Contact
•••••@emotiva.it
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18Our mission is to make Data-Driven decision making smart and accessible to any company, institution or
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Latest Funding
$1.2 Million · Seed
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Industries
AI
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Locations
Milan
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Employees
1 to 10
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Contact
•••••@quickalgorithm.com
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18REVIVA is the first startup that livens up real estate auctions through artificial intelligence and experiential marketing.
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Latest Funding
$530 Thousand · Pre Seed
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Industries
AI, Proptech & Real Estate
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Locations
Milan
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@re-viva.com
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15Global private debt-focused fintech that helps private debt players transact faster, better, and with lower costs
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Industries
Fintech, AI, Data and Analytics, Business Intelligence
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Locations
Milan
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Employees
101 to 250
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Business Model
B2B, SAAS
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Contact
•••••@cardoai.com
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12Direct-to-consumer brand dedicated to democratise luxury in the knitwear industry.
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Industries
AI
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Locations
Milan
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Employees
1 to 10
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Contact
•••••@artknit-studios.com
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12crystal is the virtual advisor that allows users to interact with data as a team member.
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Industries
AI
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Locations
Milan
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Employees
51 to 100
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Contact
•••••@crystal.ai
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12Business specialized in the sale of limited edition sneakers and streetwear
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Industries
AI
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Locations
Milan
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Employees
1 to 10
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Contact
•••••@dropoutmilan.com
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12Open-ESG Rating Agency and RaaS platform for every company
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Industries
AI
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Locations
Milan
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Employees
1 to 10
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Contact
•••••@ecomate.eu
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12ELSE Corp is an Italian B2B and B2B2C startup, designing new technological solutions for Virtual Retail and Cloud Manufacturing
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Industries
AI
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Locations
Milan
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Employees
11 to 50
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Contact
•••••@else-corp.com
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12Smart Robots product combines 3D perception and AI to assist human operators in Smart Factories
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Industries
AI
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Locations
Milan
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Employees
1 to 10
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Contact
•••••@smartrobots.it
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12Userbot is an AI powered customer interaction platform
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Industries
AI
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Locations
Milan
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Employees
11 to 50
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Contact
•••••@userbot.ai
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