{"id":142532,"date":"2024-09-24T10:25:24","date_gmt":"2024-09-24T08:25:24","guid":{"rendered":"https:\/\/www.startupbusiness.it\/cdp-vc-and-terna-forward-invest-eur-2-4-million-in-mela-works\/142532\/"},"modified":"2024-09-24T10:33:23","modified_gmt":"2024-09-24T08:33:23","slug":"cdp-vc-and-terna-forward-invest-eur-2-4-million-in-mela-works","status":"publish","type":"post","link":"https:\/\/www.startupbusiness.it\/en\/cdp-vc-and-terna-forward-invest-eur-2-4-million-in-mela-works\/142532\/","title":{"rendered":"CDP VC and Terna Forward invest EUR 2.4 million in Mela Works"},"content":{"rendered":"\n

Mela Works, a startup that has developed a solution to improve the management of activities at construction sites, announces that it has completed a EUR 2.4 million round led by CDP Venture Capital, through the Corporate Partners Fund I InfraTech segment, and Terna Forward,<\/a><\/strong> the Terna Group’s corporate venture capital vehicle. 360 Capital Partners and the accelerator Techstars, which had already invested in the start-up, also participated in the operation.<\/strong><\/p>\n\n

The start-up also announces its entry into the Spanish market with a dedicated team, planning investments in marketing already in the coming weeks.<\/p>\n\n

Mela Works was founded by Riccardo Chiarelli, Francesco Putignano and Emanuele Zamponi (pictured) and developed the Mela platform to manage construction works and monitor costs through a simple and intuitive interface.<\/strong> The Mela platform is able to support both the needs of small and medium-sized companies in the construction and plant engineering sector and the processes of large industrial companies in sectors such as utilities, infrastructure and manufacturing.<\/p>\n\n

Mela Works has large enterprise customers as well as one thousand small and medium-sized companies, which open more than 10,000 new construction sites each month using the Mela platform. Benefits identified by customers include increased real-time visibility into site costs, significant time savings in document preparation, and a reduction in disputes and late payments. <\/p>\n\n

“Thanks to the investment received with this round, we want to continue with the innovation of our product, investing in artificial intelligence applied to construction sites, on the one hand, and replicate the Italian model in other markets, starting with Spain, on the other,’ explains Francesco Putignano, co-founder and CEO of Mela Works,<\/em> in a note<\/strong>. ‘We designed Mela to simplify the tracking of information in the field, and our solution meets the needs of all those companies involved in the realisation of complex works or projects. We believe that the trust shown to us by new investors CDP Venture Capital and Terna Forward and confirmed by 360 Capital Partners and Techstars can give us a major boost in the years to come. <\/p>\n\n

‘Mela Works’ solution for digitising and monitoring construction sites in real time has great potential for the construction industry, which benefits enormously from digital transformation,’ says Agostino Scornajenchi, managing director and general manager of CDP Venture Capital.<\/em><\/strong> <\/em>We are very pleased with this investment underwritten by the InfraTech segment of our corporate venture capital fund Corporate Partners I, which aims precisely at identifying the best start-ups developing cutting-edge technologies for infrastructure and shipbuilding. This transaction is not only a financial investment, but also an opportunity to help bring positive change to the construction industry.” <\/p>\n","protected":false},"excerpt":{"rendered":"

The start-up develops a platform for managing construction sites and is preparing to expand into Spain<\/p>\n","protected":false},"author":125,"featured_media":142529,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1317],"tags":[1143,1137,1366,1136],"companies":[],"journalist":[1518],"class_list":["post-142532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding-news","tag-investments","tag-italy-en","tag-proptech-en","tag-startup-en-2","journalist-editorial-staff-en"],"featured_sizes_urls":{"thumbnail":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-24-alle-10.22.10.webp","width":150,"height":97,"crop":false,"srcset":false,"alt":"cantiere edile"},"large":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-24-alle-10.22.10.webp","width":640,"height":412,"crop":false,"srcset":false,"alt":"cantiere edile"},"2048x2048":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-24-alle-10.22.10.webp","width":640,"height":412,"crop":false,"srcset":false,"alt":"cantiere edile"}},"acf":[],"yoast_head":"\nCDP VC and Terna Forward invest EUR 2.4 million in Mela Works<\/title>\n<meta name=\"description\" content=\"The start-up develops a platform for managing construction sites and is preparing to expand into Spain\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.startupbusiness.it\/en\/cdp-vc-and-terna-forward-invest-eur-2-4-million-in-mela-works\/142532\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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