About Finapp: Cosmic ray neutron sensing innovators

Our journey began in the Department of Nuclear Physics at the University of Padua. While the company was officially founded in 2018, the original concept of using neutron detectors for environmental water monitoring dates back to the autumn of 2016.

Since then, the technology has evolved step by step: from a theoretical idea to a research project, then a working prototype, and finally, a rapidly growing industrial company.

In the last 18 months, Finapp has scaled rapidly, growing from 3 to 30 employees. We currently operate two production units in Italy, with plans to open two new international offices in France and the United States within the next 12 months.

Our funding milestones Finapp’s growth is backed by leading investors in the deeptech and agritech sectors:

• 2020: initial investment of €200k by Progress Tech Transfer.

• Post-Seed: secured €1.2M in equity from Crédit Agricole Italia, Tech4Planet (CDP Venture Capital), and Progress Tech Transfer Fund (MITO Technology).

• 2023: Winner of the EIC Accelerator tender (European Innovation Council and SMEs Executive Agency – EISMEA) with a grant of over €2 million.

• 2025: closed a Series A round of €8.64 million led by the agrifoodtech fund Linfa – Riello Investimenti SGR, with follow-up from MITO Technology, Crédit Agricole Italia, and Tech4Planet.

This latest investment supports Finapp’s global expansion, increased production capacity, and the wider adoption of CRNS technology worldwide.