Montalbano Technology S.p.A. is a Pistoia, Italy-based company that develops devices for monitoring the exposure of perishable products and industrial materials. It offers tags based on a micro-computer with sensors and a radio-frequency interface designed to monitor exposure to environmental factors such as heat. The company received a €2m investment from Toscana Innovazione, the Tuscany Region-backed venture capital fund managed by SICI – Sviluppo Imprese Centro Italia and FidiToscana. The investment was made through equity and the subscription of a convertible bond. The financing will allow SICI and FidiToscana to take a 24% stake in the company.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2010