Milan-based Alomana has raised €4M led by CDP Venture Capital for Alo, its AI operating layer for autonomous enterprise workflows.

Italian startup Alomana has raised €4 million in a round led by CDP Venture Capital to develop Alo, an AI operating layer for enterprise workflows. The platform enables organisations to run autonomous AI across data, applications and code, moving beyond prompt-based assistance to executable workflows. Alo has been deployed in finance, manufacturing and pharma sectors over the past year, handling risk controls, financial operations and data analysis whilst delivering measurable EBITDA gains. The platform can perform advanced analysis on millions of database tables and generate full-stack applications in minutes. Founded by a team with experience from Bloomberg, the European Central Bank, BCG and NASA, Alomana will use the funding to expand enterprise deployments globally. Additional investors include Italia Venture II, Founders Factory and Kairos Ventures ESG One.

The Founders Factory WA Nature Tech Accelerator has officially launched, welcoming six innovative start-ups focusing on sustainable technologies, including space-based food production and methane reduction in cattle. The program, backed by a $7.2 million investment, offers seed funding and expert support to help these early-stage companies grow and scale globally.