Overlab Italy is building Greenverse, a patented all-in-one hardware-and-software Industrial IoT platform that uses AI to collect and analyze real-time production data. The system lets manufacturers measure the carbon footprint of individual products, optimize energy consumption and costs, and stay compliant with EU Product Environmental Footprint regulations. By turning decarbonization into a direct cost-reduction lever, the company targets the European manufacturing sector’s "twin transition" toward digitalization and sustainability. Management aims to position Overlab as the reference infrastructure for data-driven industrial decarbonization across Europe. Funds from the latest round will be channeled into strengthening its technology stack and accelerating market adoption. Field tests have already shown lower energy use, early anomaly detection, and overall efficiency gains, underscoring the platform’s industrial readiness. No revenue or user figures were disclosed in the article.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2025