Rome-based Screevo, a hands-free voice assistant for Industry 4.0, has announced raising a seed funding round of approx. €510K to expand its operations both nationally within Italy, and internationally in the United States and beyond.
In this round, approx. €430K comes from a co-investment agreement with US fund Boost VC, on top of LVenture Group’s investment. Screevo will be supported by LVenture Group in the development on the Italian and European market, while Boost VC and its network will help the startup grow in the United States.
Founded in 2021, Screevo is a voice assistant for Industry 4.0 that enables simplified voice control of machines or software systems. The startup states that it allows manufacturing professionals to save up to 40% of their time and focus on tasks with greater added value, greatly automating the data entry processes.
So how does it work? Screevo offers a voice assistant capable of guiding users through industrial processes and doing the data entry tasks on their behalf. Thanks to pure voice interaction, workers can focus on what matters the most.
Screevo even works in noisy environments, and they recommend adopting noise cancelling headphones for the best Screevo experience. Use cases include warehouse and logistics, lab analysis, asset setup, performance tracking, inspection checklists, maintenance reports, and more.
“We are very happy with this funding round, and we thank LVenture Group and Boost VC for believing in us. Screevo’s mission is to enhance manufacturing professionals, who will be able to focus on what they do best: create value with their hands. We are convinced that this is the first boost towards the digitalization of Italian manufacturing and beyond”, said Domenico Crescenzo, CEO of Screevo.
“The investment of Boost VC in an Italian startup that has recently started our Acceleration Programme is a good sign in our country’s entrepreneurial scenario, it means we are competitive and mature enough to attract an important player in the Silicon Valley. This operation consolidates our business model, which aims to develop the best startups in Italy and scale them globally”, said Luigi Capello, CEO of LVenture Group.