In Italy’s thriving tech landscape, Turin-based startup Plino is revolutionizing financial planning for small and medium-sized enterprises (SMEs) by leveraging AI. Recently securing €650,000 in funding from notable investors like Exor Ventures and Berkeley SkyDeck Europe, Plino aims to ease financial complexities faced by SMEs, which constitute over 90% of Italian businesses. Founded in 2023, the platform utilizes generative AI to automate financial analysis, offering real-time insights that rival traditional consulting services, especially crucial amid rising inflation.
Plino’s collaboration with I3P, the Politecnico di Torino’s startup incubator, enhances its development, ensuring cutting-edge technology meets practical needs. The startup’s success underscores a growing investment trend, with Italian startups raising €353.4 million in the first half of 2025, driven by AI and medtech innovations. As Plino expands and integrates with enterprise systems, it positions itself to significantly impact Italy’s AI-driven productivity surge, despite challenges around data privacy and competition from global players.
Source link
