Products

Signal Tracker Data Platform Data Enrichment API Intelligence desk

Solutions

Inward Investment & Aftercare Deal Origination Executive Search Corporate Development Signal-Based Outbound Competitive Intelligence Funding Signals Competitor Monitoring For Sales Teams For Founders For Agencies For Investors

Explore

Companies Live Signals Markets Trends

Resources

Signal Checker Blog Integrations FAQ Contact Pricing
Login Book a demo
NEWTWEN logo — We're closing the gap between the academy and the industry m...

NEWTWEN

We're closing the gap between the academy and the industry making advanced predictive drive control a solution for today

Founded 2020 Italy Italy 21 employees Series A Total: $8.95M Automation, Automotive

General Information

Company Name NEWTWEN
Founded Year 2020
Location Italy Italy +1
Employees 21
Industries Automation, Automotive
Funding Stage Series A
Social

Get notified when NEWTWEN moves

Funding, new markets, leadership changes, hiring surges — one e-mail, only when something happens.

Free · no account needed

About NEWTWEN

NEWTWEN is a dynamic startup founded in 2020 as a spin-off of the University of Padua under the name Hexadrive Engineering. The company's innovative approach involves developing advanced software solutions for the electrical drive and automation industry, focusing on creating Digital Twins that operate in real-time, evolve adaptively, and can be directly integrated into control chips. This cutting-edge technology allows for accurate estimation of physical quantities with an unprecedented level of accuracy, providing optimal cooling management, real-time monitoring, and model predictive control. Notably, NEWTWEN's solutions enable lower production costs, higher efficiency, energy savings, and extended lifetime for electrical machinery manufacturers and companies involved in the production or usage of electrical and electronic devices. The company received a substantial €7.00M Series A investment on 26 May 2023 from a group of prominent investors, including 360 Capital, Plug and Play Singapore, Join Capital, Vertis, and CDP Venture Capital SGR. With its headquarters in Italy, NEWTWEN is poised to make significant contributions to the electrification transition and accelerate sustainable growth and technological innovation in the industry.

Taxonomy: Digital Twin, Embedded Software, Electric Drives, Power Electronics, Industrial Automation, Model Predictive Control, Failure Detection, Predictive Maintenance, Real-time Monitoring, Energy Saving, Sustainable Energy Production, Data-as-a-Service, Electromechanical Systems, University Spin-off

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 5
Investor Investor Investor Investor
•••• •••• 		26 May 2023
Seed Round •••••• 2
Investor
•••• •••• 		25 Apr 2022
Pre Seed Round •••••• - 01 Sep 2021

NEWTWEN Alternatives & Competitors

NEWTWEN vs
ivBOT Ltd.
ivBOT Ltd. United Kingdom

Unlocking the potential of Renewable Energy - Solar, Wind, Battery & Green Hydrogen

7 employees
NEWTWEN vs
HESStec (Hybrid Energy Storage Solutions Ltd)
HESStec (Hybrid Energy Storage Solutions Ltd) Spain

Unleash the power inside

Series Unknown
53 employees
Energy, Renewable Energy
NEWTWEN vs
Companion.energy
Companion.energy Belgium

The Platform for Power Pioneers

Seed
26 employees

FAQ About NEWTWEN

We're closing the gap between the academy and the industry making advanced predictive drive control a solution for today
NEWTWEN was founded in 2020.
NEWTWEN is headquartered in Italy.
NEWTWEN operates in the following industries: Automation, Automotive.
NEWTWEN has approximately 21 employees.
NEWTWEN has completed 3 funding rounds, raising a total of $8.95M. The latest funding stage is Series A.
Top alternatives and competitors to NEWTWEN include ivBOT Ltd., HESStec (Hybrid Energy Storage Solutions Ltd), Companion.energy, Gradyent, WebGen Systems. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NEWTWEN and ivBOT Ltd. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Don't just browse. Track.

Signal Tracker monitors NEWTWEN and millions of companies for funding rounds, hiring surges, product changes, and 40+ signal types — so you never miss an opportunity.

See how it works

One analytics cookie (Google Analytics). Cookie Policy

Book a demo 30 minutes