Archimede's Growth in the Space Economy: A New Funding Round
Updated: Oct 5
Significant Funding for Innovative Solutions
This significant achievement confirms the company's growth trajectory and highlights the potential of its technological solutions within the space economy. Archimede has successfully closed a new funding round, which represents an important step in the startup's consolidation and in the development of space-enabled technologies supporting operational resilience.
The round was led by Primo Capital SGR through its Primo Digital, Primo Digital Parallel Italia, and Primo Digital Parallel Sud Italia funds. Infratech, an accelerator of the CDP Venture Capital network, along with 40Jemz and Irritec, also joined the round.
The Founding Vision of Archimede
Founded in 2024 by Riccardo Puglisi, Alessandro Basile, and Ferdinando Anselmi, Archimede has developed ArchMesh. This modular plug-and-play kit is designed for managing and monitoring critical infrastructure in off-grid environments. ArchMesh integrates predictive energy management, multi-constellation satellite connectivity, and a low-code software platform into a single system. This enables bidirectional control of distributed plants and assets, even in areas where terrestrial coverage is unavailable or does not provide adequate reliability.
Transforming Infrastructure with Space Technology
By making the adoption of satellite connectivity, energy management, and software automation more accessible, Archimede aims to transform isolated infrastructure into intelligent and monitorable nodes. In this perspective, space technologies become a key enabler for connecting, controlling, and optimizing assets located in remote or hard-to-reach environments. This contributes to the operational resilience of increasingly distributed industrial and infrastructure value chains.
The solution was developed to address a concrete and growing need: ensuring access to data, control capabilities, and operational continuity where traditional energy and connectivity systems cannot be guaranteed. ArchMesh is designed for several application areas, including agriculture, oil & gas, logistics, public infrastructure, and defense. It integrates remote assets into advanced decision-making and management processes.
The Role of ESA BIC Brindisi
Archimede's achievement also highlights the role of ESA BIC Brindisi in supporting high-tech innovative startups. The organization accompanies these startups in their growth and access to new development opportunities. Through the European Space Agency's Incubation Programme, managed in Brindisi by the DTA, ESA BIC Brindisi supports the creation and growth of companies capable of using space technologies and data to generate concrete applications across industrial, productive, and infrastructure sectors.
Apply now to ESA BIC Brindisi and turn your space innovation into a market-ready solution.
Conclusion: A Bright Future Ahead
Archimede's recent funding round marks a pivotal moment in its journey. With the support of key investors and the backing of ESA BIC Brindisi, the company is well-positioned to leverage its innovative solutions. The integration of space technologies into various sectors will enhance operational resilience and drive growth in the space economy.
As we look ahead, the potential for Archimede to influence the future of infrastructure management is significant. The company's commitment to transforming isolated systems into intelligent networks will pave the way for advancements in multiple industries.
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