X-nano closes a €3.7 million round

X-nano, a startup originating from the Istituto Italiano di Tecnologia, has closed a €3.7 million seed round led by MITO Tech Ventures with the participation of Pietro Fiorentini and a group of private investors.

The funding will accelerate industrial development and support the construction of a pilot plant for sustainable synthetic graphite production through non-catalytic methane pyrolysis. This is a first step towards a European supply chain for high-performance graphite used in electric-vehicle batteries and energy storage systems.