Chiara Petrioli, CEO of WSense, is transforming blue tech with the ‘Internet of Underwater Things,’ a technology that enables wireless communication at depths of up to 3,000 metres underwater. No surprise: European investors are diving right in.
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00:00When you are a technology company that has disruptive innovation and you try to grow quickly, you need resources, right?
00:06Financially, you also need skills, you need networks.
00:14I am Chiara Petrioli, CEO of WSense.
00:17WSense is a deep tech scale-up, so it is a company that has developed the technologies for underwater Wi-Fi.
00:25Networks that allow you to connect everything that is underwater to explore this environment,
00:30so drones, submarines, sensors, actuators, even on boats.
00:34Investors are needed to do this.
00:36The ocean tech sector is a sector that did not have an economy, let's say, of specialized investors in this area.
00:44And among other things, in Italy we do not have an extremely developed BC sector in the field of deep tech.
00:50So we looked at a European dimension to find investors who had, let's say, common values and the necessary experience to grow.
00:58BlueInvest came to us because it allowed us to present ourselves,
01:02and then also to win the BlueInvest Award of 2022 in the Earth Observation category.
01:07It gave us great visibility and this allowed us to discover what the group of investors was.
01:15We had two rounds of investment.
01:17A first round of investment of 4 million euros, a second round of investment of 11 million euros.
01:23We collected this funding from experts investors in the sector, so deep tech and ocean tech.