Led by CDP Venture Capital, the round will support global deployments of Alo, a platform enabling organisations to run autonomous AI workflows across data, applications, and code.
Italian startup Alomana has raised €4 million to accelerate the development of Alo, the AI operating layer for enterprise.
Enterprises need more than AI that can answer when prompted; they need AI that can run and execute their workflows.
Legacy systems were not built for AI. Organisations spend months testing and stitching together tools, integrations, and prototypes, only to end up with expensive, fragile experiments that don’t deliver at scale.
Alo introduces a new paradigm: personalised AI at enterprise scale with a universal intelligence that works across any application, delivers business outcomes, and transforms AI from assistance into repeatable execution.
Over the past year, Alo Autonomous Engine has been deployed across finance, manufacturing, and pharma, powering mission-critical tasks such as risk and security flows, financial controls, operational automation, and advanced data analysis workflows, translating AI adoption into real EBITDA gains.
According to Giuseppe Ettorre, co-founder and CEO of Alomana:
“Enterprises waste enormous energy on prototypes instead of outcomes.“We abstract away the integration and customisation complexity.
Companies can run personalised AI across their systems and deliver production-level value immediately. Alo is building a future where autonomous AI won’t be a tool that companies use. It will be something they run on.”
Alo works across data, documents, applications, and code: from performing advanced data analysis on millions of database tables, to generating full-stack applications and custom AI agents for enterprise teams in minutes. It brings the power of entire AI teams into a single operational layer for organisations.
The company’s team brings experience from Bloomberg, the European Central Bank, BCG, and NASA, combining deep technical expertise with the rigour required in highly regulated environments.
The financing round, led by CDP Venture Capital through its Corporate Partners I – ServiceTech fund, will fund the expansion of Alo’s enterprise AI, strengthen its autonomy capabilities, and support large-scale enterprise deployments worldwide. Other investors in this round include Italia Venture II – Fondo Imprese Sud, Founders Factory, Kairos Ventures ESG One, Gresilent Holdings, Italian Angels for Growth (IAG), and Club degli Investitori.
According to Alessandro Scortecci, Director of Direct Investments at CDP Venture Capital, 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 perfect fit for the Service sector – our fund’s core focus – delivering real value in a fraction of the time compared to its competitors.
Our verticalisation in the service industry and particular focus on financial services make us particularly pleased to support Alomana in the ongoing innovation and transformation of the financial service sector in Italy and Europe.”