Italy’s WSENSE gets €7.2M to power underwater wireless communication technology

Rome-based WSENSE, a company specialised in underwater monitoring systems and wireless communication networks, has secured €7.2M funding in a pre-Series B round.

The funding round was backed by a new investor — FINCANTIERI. Existing investors CDP Venture Capital SGR, SWEN Capital Partners, RunwayFBU, Axon Partners Group, and ocean-focused impact fund Rypples, also participated in the round. 

The Italian company will use the funds to accelerate the global expansion of its underwater wireless communication technology.

The announcement comes two years after raising €11M in Series A funding in 2023.

“With over €22M raised since 2022, WSENSE is now positioned to scale internationally, strengthen our team, and further consolidate our technological leadership in an increasingly competitive market”, says CEO Chiara Petrioli, Full Professor at Sapienza Università di Roma University and ocean tech pioneer.

WSENSE: Specialised in Underwater Wireless Communication

Founded in 2012 by Chiara Petrioli, WSENSE is a deep-tech telecommunication company, born as a spinoff of Sapienza University in Rome.

WSENSE provides tailored solutions that utilise monitoring and communication technologies. 

The company helps its customers derive greater value from their existing assets, enhance their current systems, and boost profitability and competitiveness.

WSENSE provides solutions for underwater technology that allow different underwater sensors and autonomous vehicles (like UAVs, ASVs, and AUVs) to connect without cables.

This enables real-time monitoring and thorough surveillance of underwater environments, waterways, and seabeds.

The company’s underwater monitoring systems and wireless communication networks provide real-time insights and data for environmental sustainability and industry optimisation.

WSense’s Internet of Underwater Things solutions have transmitted in real time over 1.6M data points from 24 different regions in Europe, providing 37 telemetries from the sea bottom and the water column.

WSENSE solutions support Blue Growth’s long-term strategy in the marine and maritime sectors and help companies become more “eco-innovative” with a marked cost reduction and a significant increase in value, in terms of market share and brand reputation.