{"id":13684,"date":"2025-10-10T10:16:50","date_gmt":"2025-10-10T10:16:50","guid":{"rendered":"https:\/\/www.finapptech.com\/?p=13684"},"modified":"2026-08-31T14:53:11","modified_gmt":"2026-08-31T14:53:11","slug":"finapp-becomes-a-private-joint-stock-company","status":"publish","type":"news","link":"https:\/\/www.finapptech.com\/en\/news\/finapp-becomes-a-private-joint-stock-company\/","title":{"rendered":"Finapp Becomes a Private Joint-Stock Company"},"content":{"rendered":"<p data-start=\"48\" data-end=\"307\">Finapp, the innovative startup founded in 2019 as a spin-off from the University of Padova, has officially transformed from a limited liability company (LLC) into a <strong data-start=\"213\" data-end=\"250\">private joint-stock company (JSC)<\/strong>, marking an important milestone in its growth journey.<\/p>\n<p data-start=\"309\" data-end=\"561\">In Italy, fewer than 1% of the approximately 12,800 innovative startups registered at the end of 2024 reach the JSC stage. Finapp\u2019s transformation demonstrates the company\u2019s financial strength, market trust, and the scalability of its business model.<\/p>\n<p data-start=\"563\" data-end=\"785\">\u201cThe transformation into a joint-stock company is a springboard for the future, not a point of arrival,\u201d says CEO Luca Stevanato. \u201cWe are preparing to face upcoming challenges with a solid structure and a global vision.\u201d<\/p>\n<p data-start=\"787\" data-end=\"1200\">Finapp develops <strong data-start=\"803\" data-end=\"847\">CRNS (Cosmic Ray Neutron Sensing) probes<\/strong>, cutting-edge technology capable of measuring soil and snow water content on a large scale, in depth, in real time, and without contact. Today, the company\u2019s systems are installed in over 25 countries across 7 continents, supporting precision agriculture, environmental monitoring, and water leak detection to promote sustainable resource management.<\/p>\n<p data-start=\"1202\" data-end=\"1229\">Key achievements include:<\/p>\n<ul data-start=\"1230\" data-end=\"1485\">\n<li data-start=\"1230\" data-end=\"1285\">\n<p data-start=\"1232\" data-end=\"1285\">Growth from 3 to 27 employees in the last 24 months<\/p>\n<\/li>\n<li data-start=\"1286\" data-end=\"1364\">\n<p data-start=\"1288\" data-end=\"1364\">Two production units in Italy and the first international office in France<\/p>\n<\/li>\n<li data-start=\"1365\" data-end=\"1412\">\n<p data-start=\"1367\" data-end=\"1412\">Clients in 30 countries across 7 continents<\/p>\n<\/li>\n<li data-start=\"1413\" data-end=\"1485\">\n<p data-start=\"1415\" data-end=\"1485\">Recognition with the European Innovation Council \u2013 EIC prize in 2023<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1487\" data-end=\"1782\">\u201cBecoming a JSC confirms Finapp\u2019s maturity and ambition,\u201d adds Luca Stevanato. \u201cIt strengthens our governance, opens new opportunities for international growth, and shows that Italian research can transform into global industrial excellence supporting environmental and social sustainability.\u201d<\/p>\n<p data-start=\"1784\" data-end=\"1946\" data-is-last-node=\"\" data-is-only-node=\"\">This transformation marks a new chapter for Finapp, focused on consolidating its leadership in water monitoring and bringing Italian innovation to global markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finapp, the innovative startup founded in 2019 as a spin-off from the University of Padova, has officially transformed from a limited liability company (LLC) into a private joint-stock company (JSC), marking an important milestone in its growth journey. In Italy, fewer than 1% of the approximately 12,800 innovative startups registered at the end of 2024 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":16067,"template":"","news_category":[17],"class_list":["post-13684","news","type-news","status-publish","has-post-thumbnail","hentry","news_category-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finapp News: Conferences, Talks &amp; CRNS Updates<\/title>\n<meta name=\"description\" content=\"Finapp becomes a private joint-stock company, consolidating its growth and leadership in water monitoring with CRNS probes in over 25 countries and promoting Italian innovation on a global scale.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finapptech.com\/en\/news\/finapp-becomes-a-private-joint-stock-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finapp News: Conferences, Talks &amp; 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