Archimede

This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.

 

Headquarter: Syracuse, Italy

Year Founded: 2022

Employees: ~20 | 2024

Business Status: Seed

Industry Sectors: Satellite IoT, CleanTech, Off-Grid Infrastructure

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What is Archimede?

Archimede is a technology company based in Sicily that builds systems to bring internet connectivity and power to remote areas where traditional infrastructure doesn’t exist. Their platform combines solar-powered hardware with satellite communication and user-friendly software. It is designed to work completely off-grid, making it possible to monitor, control, and automate devices in places that have no mobile coverage or electricity. Archimede’s goal is to make digital services accessible anywhere in the world.

Why do we like it?

We like Archimede because it solves a real problem, how to connect places that have no internet or electricity. The team has already built working products, tested them with satellites, and started working with real companies. They’ve done this with very little money, which shows they can execute. The idea has big potential because many parts of the world still need this kind of solution, and their system is simple, flexible, and easy to use.

What does Archimede do?

Builds solar-powered hardware that works without access to the electrical grid.

Uses satellite networks (like Globalstar and Iridium) to send and receive data from remote locations.

Offers a no-code software platform that lets users set up and manage connected devices easily.

Supports use cases like asset tracking, remote monitoring, predictive maintenance, and automation.

Works in sectors like logistics, agriculture, energy, and industrial operations.

This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.

Real Use Cases

Archimede is already working with several companies that use its technology in everyday operations. GLS Italy has installed Archimede’s system on over 40,000 delivery vehicles to track location, monitor conditions, and prevent theft. Moak uses the platform to control and monitor more than 10,000 coffee machines remotely, even in places without Wi-Fi or SIM cards. Irritec uses Archimede’s sensors to manage irrigation in remote farming areas by collecting data on temperature, humidity, and soil conditions. Other early partners include NVP for media equipment tracking, and Dallara and HP Composites for industrial applications.

How can you invest?

Archimede is part of our America 2030 pipeline. You can invest in our managed, 6-year, target maturity fund, or via a single-name SPV.

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Roadmap

In 2024, Archimede focused on building and testing its first prototypes, securing grant funding, and signing early clients across logistics, agriculture, and industrial sectors. In 2025, the company plans to launch its platform (archimede.world), begin shipping complete hardware kits, and grow its technical and commercial teams. By 2026, Archimede aims to have hundreds of connected systems in use and establish recurring revenues from hardware sales and software subscriptions. The long-term ambition is to scale into a global infrastructure platform serving thousands of remote deployments.

Most Recent Financing Status

Archimede has received over €400,000 in non-dilutive funding to date, including €50,000 from the European Space Agency Business Incubation Centre (ESA BIC), €150,000 from Cassa Depositi e Prestiti (CDP), and €200,000 from the European Space Agency’s Space for Electromobility program. The company is currently raising €1 million in equity to support the development of its platform, expand the team, invest in sales and marketing, and cover operational costs.

Latest updates from Archimede and AMERICA 2030

This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.

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