Milan-based deeptech Phononic Vibes raises €2.3M for its breakthrough noise and vibration reduction tech
8 October 2020
Deeptech startup Phononic Vibes was the very first investment of our technology transfer fund, Poli360, launched in partnership with Politecnico di Milano. The new round, led by EUREKA! Venture SGR with participation of existing investors Poli360 and Pantecnica SpA validates the strong progess made by the team in the past 18 months, and the opportunity of financing deeptech projects.
Phononic Vibes was founded in 2018 as a Politecnico di Milano spin-off by a group of researchers willing to create a new business from the technical knowledge developed at PoliMi and Boston’s MIT in the field of metamaterials. Based on this innovative technology and the proprietary patents, Phononic Vibes develops and markets solutions to protect against noise and vibration, allowing cost reduction and performance increase compared to traditional solutions commonly used in the market for acoustic and vibration treatment.
Phononic Vibes is currently consolidating its presence in sectors in which noise and vibration reduction is extremely relevant and where metamaterials showed a high innovation potential. In infrastructure, Phononic Vibes has developed and successfully tested with Deutsche Bahn an underground panel with high performance in terms of vibration reduction; in automotive and appliances, it has built commercial partnerships with multinational corporates for the application of metamaterials inside vehicles and home appliances; in the building sector, it is developing an innovative panel to reduce noise disturbance in building sites, in partnership with major building contractors.
The new funds will be used to invest in product development for the above mentioned sectors, to expand their client portfolio and also strengthen the team, currently composed of 11 people, with new competencies related to product manufacturing and commercialization.
Cesare Maifredi, General Partner at 360 Capital, comments:
“I am proud to see that the first investment of the Poli360 fund has already been able to attract the interest of new investors. Phononic Vibes is the example of how innovative companies can be created only with the proper match between professional and patient investors and talented young entrepreneurs. Poli360 will continue to support the best technological spin-offs of PoliMi and more generally of the country. “