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Alomana Raises €4M to Deliver the AI Engine That Enterprises Can Run On
18.03.2026 News
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Alomana today announced a €4 million financing round to accelerate the development of Alo, its engine for building and deploying autonomous AI agents that integrate directly into the systems enterprises already use.

The financing round is led by CDP Venture Capital through its Corporate Partners I – ServiceTech fund and with the participation of its Italia Venture II – Fondo Imprese Sud, Founders Factory, Kairos Ventures ESG One, Gresilent Holdings, Italian Angels for Growth (IAG), and Club degli Investitori.

Most enterprise AI never reaches production. Organizations spend months stitching together models, integrations, and prototypes, only to end up with fragile experiments that don’t scale. Alomana built the opposite.

Alo provides AI engines for data, documents, and applications, each packaged with the tools, reasoning, and governance required for real operations. Through the Alo Builder, enterprises can configure and customize these engines, merge them into complex workflows, and deploy them across their environment, without rebuilding their stack or rewriting processes.

Giuseppe Ettorre co-founder and CEO: “Enterprises waste enormous energy on prototypes instead of outcomes. We abstract away the integration complexity. Companies can design personalized AI engines that run inside their systems, coordinate autonomous agents, and deliver production-level value immediately. Alo is building a future where autonomous AI won’t be a tool companies use. It will be something they run on.”

Over the past year, Alo Autonomous Engine has been deployed across finance, manufacturing, and pharmaceuticals, powering mission-critical tasks such as risk extraction, financial controls, operational automation, and regulated document processing. The company’s team brings experience from Bloomberg, the European Central Bank, BCG, and NASA, combining deep technical expertise with the rigor required in highly regulated environments.

Alessandro Scortecci, Director Direct Investments at CDP Venture Capital“We are happy to support Alomana as it grows its team and expands its commercial reach. Alomana is redefining the future of Enterprise AI agents. The team’s talent, ambition, and ability to execute are simply exceptional. Its technology is a perfectly fit for the Service sector – our fund’s core focus - delivering real value in a fraction of the time compared to its competitors. Our verticalization in the service industry and particular focus on financial services makes us particularly pleased to support Alomana in the ongoing innovation and transformation of the financial service sector in Italy and Europe.”

The funding will expand Alo’s Builder and AI engine architecture, strengthen its reasoning and workflow orchestration layers, and support enterprise deployments worldwide.

The future of autonomous AI won’t be something companies use, it will be something they run on.

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