Caracol, a leading European deep-tech company specializing in large-format robotic manufacturing, has successfully closed a $40 million Series B funding round. This significant milestone was co-led by Omnes Capital and Move Capital Fund I. Additionally, CDP Venture Capital – Large Ventures Fund played an essential role in attracting international investors.
This funding from both global funds and established Italian institutional investors will support Caracol’s next phase of growth, ensuring robust backing from long-term shareholders like Primo Capital SGR, Eureka! Venture SGR, and Neva SGR, which is the venture capital arm of the Intesa Sanpaolo Group.
Due to strong demand for investment, this round enabled several early investors to realize substantial returns, demonstrating solid interest from institutional players in Caracol’s future potential.
The funds raised will bolster Caracol’s efforts to scale globally and expand its international reach. The company is committed to strengthening its leadership positions in Europe, the United States, and the Middle East. Furthermore, it is eyeing growth in high-demand markets, particularly in the Asia Pacific region, where it has already established a strong presence in Japan.
Caracol aims to enhance the capabilities of its multi-process, multi-material platforms. This will involve a focus on advancements in software, automation, and artificial intelligence, which will facilitate data-driven process control and improve product quality.
On the technical front, Caracol plans to expedite the development of its metal additive manufacturing technologies, especially in industries that are subject to strict regulations, such as aerospace, defense, energy, and maritime. At the same time, it will expand its polymer offerings, aiming to cater to key sectors like transportation, construction, and architecture.
The company is also committed to growing its global workforce by attracting top international talent to fuel innovation and facilitate its scaling efforts. Currently, Caracol employs over 100 skilled professionals across its offices in Milan (Italy), Austin (USA), and Dubai (UAE), and it boasts a presence in more than 50 countries around the world.
Over the past five years, Caracol has established itself as a dynamic player in advanced robotic manufacturing. The company has achieved remarkable growth, with over 100 robotic platforms installed globally and hundreds of successful projects delivered across various industries. Its revenues have more than doubled year-over-year, a trend that is set to continue into the first half of 2025. Caracol has unlocked innovative applications that are transforming industrial supply chains. For instance, in the maritime sector, it has helped leading yacht manufacturer Ferretti Group (Italy) achieve up to 70% cost savings on finished parts. In the automotive and motorsports industries, Caracol has shortened production lead times by 50% on carbon fiber tooling in collaboration with composited expert Duqueine (France).
The company has also been instrumental in enabling circular economy practices and minimizing waste in construction projects, as demonstrated through its partnership with major general contractor HITT in the United States.
Recent achievements for Caracol include the expansion of its headquarters in Texas, which strengthens its presence in North America and establishes a hub for local manufacturing of its technologies. The new funding will also support Caracol’s strategic acquisition of Hans Weber Maschinenfabrik GmbH’s intellectual property and technologies in Germany, which will reinforce its technological base in Europe and enhance its supply capabilities within the DACH region, encompassing Germany, Austria, and Switzerland.
Caracol specializes in providing comprehensive robotic manufacturing platforms designed for large-scale production of advanced parts utilizing both polymers and metals. The company integrates proprietary hardware, software, and automation, enabling customers to maintain full control and receive extensive support throughout the manufacturing process. With a vision to revolutionize industrial manufacturing, Caracol is leading the charge toward a more efficient, sustainable, and decentralized model of production on a global scale.
Support: Growth Capital acting as sole financial advisor to Caracol, leading the deal structuring, negotiations, and execution, together with the law firms: Fieldfisher, which advised Caracol; Legance, which advised CDP Venture Capital SGR, Omnes Capital and Move Capital; Portolano Cavallo, which advised NEVA SGR S.p.A.; and Target Law, which advised Primo Capital SGR and Eureka! Venture SGR.
KEY QUOTES:
“This Series B represents a generational step for Caracol. In just a few years we’ve built strong global traction, doubling revenues year after year. This round validates our vision and the outstanding execution of our team, while bringing on board some of the world’s leading deep-tech investors. With their support, we’re ready to accelerate our global scale-up and help advanced industries strengthen supply-chain and manufacturing resilience through the flexibility, efficiency, and sustainability of our technology.”
Francesco De Stefano, CEO and co-founder of Caracol
“Caracol has achieved remarkable growth by turning a technological vision into solid industrial performance. This Series B round provides Caracol the financial strength to scale its large-format robotic manufacturing globally, while consolidating its European leadership in advanced manufacturing, contributing to Europe’s deep-tech sovereignty and resilience. We are proud to support Caracol as it enters this new phase of profitable international expansion.”
François-Xavier Dedde, Partner at Omnes Capital
“We are thrilled to invest in Caracol, a company defined by strong technological expertise, visionary leadership, and a clear commitment to sustainability. We look forward to actively supporting Caracol’s international expansion by fostering strategic alliances and partnerships, helping the team scale this next phase of growth.”
Sophie Sursock, Partner at Move Capital Fund I
“We are excited to continue supporting Caracol on its journey, as the company demonstrates solid and consistent growth. From the very beginning, we believed in the team’s vision and chose to back them through the first round via our Corporate Partners I fund. Today, we are pleased to see a company that is attracting interest from international investors and successfully accelerating its expansion into new geographies, including the U.S. market, and we continue supporting its growth through our Large Ventures fund. Caracol is a concrete great example of how Italian innovation can scale globally with ambition and strong execution.”
Alessandro Scortecci, Head of Direct Investments at CDP Venture Capital
“We’ve believed in Caracol since its very first steps, when it was a small team with just a handful of employees and only a few hundred thousand euros in revenues. Since then, we have continued to invest at every stage of its growth, as the team has consistently demonstrated the ability to deliver on its targets.”
Stefano Peroncini, CEO at Eureka! Venture SGR
“Today, our initial choice is further validated, and we are proud to support such a solid and visionary growth story with new and well established international investors, alongside current investors such as NEVA SGR (the Intesa Sanpaolo Group’s venture capital company) and CDP Venture Capital, Corporate Partners Fund I.”
Matteo Cascinari, Partner at Primo Capital SGR
