Funded by the European Union
Luca Stevanato
CEO & Co-founder
About Finapp
The cosmic rays technology company
Environmental measurement must evolve from localized sampling to representative, field-scale intelligence.
Our story
From physics to real-world impact
Finapp began as a physics research project at the Nuclear Physics Department of the University of Padua. The original insight, that cosmic ray-generated neutrons interacting with water molecules could be used as a proxy for water content, dates back to 2016. Step by step, the idea evolved from prototype to product, and eventually to a company built around industrializing Cosmic Ray Neutron Sensing. Over the years, Finapp has grown from a small academic spin-off to a technology provider with global deployments, expanding R&D, production units in Italy and plans for international offices.
 ISO 9001 – 2015 |
Sustainability
Water intelligence for a changing climate
Water availability and distribution are under increasing pressure from climate variability, land use changes and infrastructure constraints. Large-scale, real-time measurement is essential to better manage water as a resource, reduce waste, and anticipate environmental risk.
Zero hunger
End hunger, achieve food security and better nutrition and promote sustainable agriculture.
Clean water and sanitation
Ensure the availability and sustainable management of water and sanitation for all.
Sustainaible cities and communities
Making cities and human settlements inclusive, safe, resilient and sustainable.
Responsible consumption and production
Ensuring sustainable consumption and production patterns.
Life on land
Protect, restore and promote the sustainable use of terrestrial ecosystems.
funding
Finapp growth: funding and international expansion
In 12 months, Finapp has grown from 25 to 40 employees. We run two production units in Italy, opened an office in France in 2026, and plan to open a new office in the United States within the next year
Backed by leading deeptech and agritech investors
This funding drives Finapp’s global expansion, increased production capacity and the worldwide adoption of CRNS (Cosmic Ray Neutron Sensing) technology for soil moisture monitoring
| 2020: €200k initial investment from Progress Tech Transfer |
| Post seed: €1.2M in equity from Crédit Agricole Italia, Tech4Planet (CDP Venture Capital) and Progress Tech Transfer Fund (MITO Technology) |
| 2023: EIC Accelerator winner, with a grant of over €2M from the European Innovation Council (EISMEA) |
| 2025: €8.64M Series A led by Linfa, the agrifoodtech fund of Riello Investimenti SGR, with follow on from MITO Technology, Crédit Agricole Italia and Tech4Planet |
7
Continents
45+
Countries
1.7B L
Water saved
1,300 t
CO₂ avoided
Our Leadership
Scientific roots. Industrial mindset
Finapp’s leadership combines deep scientific expertise with practical engineering and operational experience.
Angelo Amicarelli
CSO & Co-founder
Marcello Lunardon
Technological Advisor & Co-founder
From Founder
“We built Finapp to bring scientific measurement out of the lab and into the field.”
AWARDS
Notable milestones and recognition
Finapp’s technology and growth have been recognized with multiple awards and opportunities
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StartCup Veneto 2017
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National Innovation Award 2017
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Seed & Chips, May 2018, Milan
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Philip Morris Italy ‘BeLeaf 2022’
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EIC Accelerator – March 2023
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“AI/ML solutions for Climate Change Innovation Factory”
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Delegate to the United Nations Climate Change Conference
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Golden Leaf Award for Innovation at Fieragricola 2024
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Salon des Maires Finalist
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Winner of My Start BCN by La Camera di Commercio Italiana