EYE2DRIVE Secures €1.5 Million in Funding to Revolutionize Vision Sensor Technology
Deal News | Nov 20, 2024 | CDP Venture Capital

EYE2DRIVE, an innovative company focused on advanced vision sensor technology, has raised €1.5 million in funding to expand its technological solutions and penetrate new markets. The funding round was led by RoboIT, Italy's National Technology Transfer Hub for Robotics and Industrial Automation, in collaboration with CDP Venture Capital Sgr, Pariter Partners, and the regional co-investment fund Toscana Next. The investment will enhance EYE2DRIVE's team with new specialized roles, advance research and development for improved vision sensors, and expand commercial operations with the aim of finding a strategic partner in the automotive sector and solidifying its presence in the industry. EYE2DRIVE traces its origins to a research project in image sensor design under the leadership of Monica Vatteroni, an electronic engineer with a PhD in Physics, evolving from creating endoscopy sensors to addressing lighting variability challenges. EYE2DRIVE aims to pre-produce a new sensor within 18 months and secure strategic partnerships in autonomous driving and industrial logistics sectors, where its technology shows immense potential. Monica Vatteroni emphasizes the strategic importance of the semiconductor field and aims to inspire more women to join the sector, highlighting a strong female presence in EYE2DRIVE's team.
Sectors
- Technology
- Automotive
- Industrial Automation
Geography
- Italy – EYE2DRIVE, led by CEO Monica Vatteroni, operates in Italy. The funding round involved Italian institutions, and the company's history is tied to Italian research initiatives.
Industry
- Technology – EYE2DRIVE operates in the technology sector, developing innovative vision sensors that mimic human visual behavior for various applications, including automotive and industrial sectors.
- Automotive – The article mentions EYE2DRIVE's focus on finding strategic partners in the automotive sector and emphasizes the role of their sensors in autonomous driving technologies.
- Industrial Automation – EYE2DRIVE's technology is relevant for industrial automation, a key focus area mentioned in their efforts to find partners and expand their market presence.
Financials
- €1.5 million – The amount raised by EYE2DRIVE in its recent funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EYE2DRIVE | Target Company | Company | An innovative SME focusing on vision sensor technology with applications in automotive and industrial sectors. |
| CDP Venture Capital Sgr | Investor | Company | A venture capital firm leading the funding round, focusing on technology transfer and innovation investment strategies. |
| RoboIT | Lead Investor | Organization | The National Technology Transfer Hub for Robotics and Industrial Automation in Italy, collaborating with CDP Venture Capital. |
| Pariter Partners | Investor | Company | An Italian firm active in deep-tech tech-transfer investments. |
| Motor Valley Accelerator | Investor | Company | An accelerator supporting startups in the robotics sector. |
| Pariter Robotics | Investor | Company | A holding dedicated to supporting startups within the robotics sector. |
| Toscana Next | Investor | Fund | A regional co-investment fund managed by CDP Venture Capital to boost innovation in Tuscany. |
| Monica Vatteroni | CEO | Person | The CEO and co-founder of EYE2DRIVE, with a background in electronic engineering and experience in CMOS image sensor design. |