- Risk level
- High
- Risk-return
- Very bad
- Start from
- €250
Funding closed on 17 Jul 2026. The page stays up for reference; similar open projects are below.
AI Venture Builder
Italy
Key figures
- Valuation
- €9,000,000
- Stake offered
- 6.3
- Funding ends
- 17 Jul 2026
- Start from
- €500
- Target
- €600,000
What you own, how it can pay off, and when
What do I own?
6.3 of the company
Check the documents for how the shares are held and what rights they give.
Capital at risk. Most startups fail; estimates are the platform's own claims. Shares are hard to sell before an exit.
Would AI invest?
AI 51 MediumOur AI gives this project 51 out of 100: Medium. How the AI score works
Information, not personal investment advice. The AI score rates the documents the platform publishes, can be wrong, and does not predict returns.
AI review
AIAI Factory S.r.l.
On-premise “sovereign” AI software for defence, cybersecurity, and critical-infrastructure protection.
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Sector / stage |
Defence & cybersecurity AI (deeptech, regulated) · Seed-stage innovative startup |
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Headquarters |
Rome, Italy (operating division of UK parent AI Venture Builder Ltd) |
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Raise |
Equity on CrowdFundMe · min €600,000 / max €3,000,000 · €9,000,000 pre-money |
AI Score
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Why this score? |
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51 / 100 |
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⚠️ Caution |
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ℹ️ This is not investment advice. The purpose of this overview is to help potential investors preselect crowdfunding projects quickly without making a final investment decision. Before investing, the final selected project should be reviewed in detail based on the information provided by the company on the respective crowdfunding platform. AI can make mistakes, so you need to double-check data. |
Company Description
AI Factory S.r.l. develops AI software installed directly inside a customer’s own infrastructure (“on-premise”), able to run even when fully disconnected from the internet (“air-gapped”), so that sensitive data never leaves the organisation. Target customers are defence, intelligence, and critical-infrastructure operators (hospitals, energy, transport). Two products are described as operational — Defence Knowledge Management (built with Elettronica) and Drone Detection — with several more (AI Guard, QUIPO Evolution / “Search Generative Experience” with Cy4Gate, Offline GPT, Event Detection System) in development. The company reports a proprietary “AutoRAG” framework and two patents pending.
The business has three revenue lines: integration services (~€250,000 average project), subscription software (SaaS, €2,300–€13,500+/month, company-stated 70% gross margin), and technology licensing/royalties. AI Factory is the operating division of UK parent AI Venture Builder Ltd, which holds the controlling voting quota. Several traction figures appear in the dossier with internal inconsistencies (for example, the deck states 6 active clients while the listing and press state 10), and independent press attributes the €1.3M 2025 revenue to the group rather than to AI Factory alone — both flagged below.
Potential exit
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What the company wants |
To raise €600,000–€3,000,000 at a €9,000,000 pre-money valuation to fund R&D (39%), team (36%), infrastructure/operations (16%), and marketing (9%), consolidating in Italy and expanding in Europe. |
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Target basis |
Mixed — the company states an exit horizon of 5–7 years via acquisition or a Euronext Growth Milan listing, but provides no return model or IRR; the 8–15× ARR figure it cites is a sector heuristic, not a company-specific projection. |
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Exit horizon |
5–7 years, company-stated. Treat the money as locked up for at least that long. |
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Why aim for a high multiple? Because the company has not provided a return model, the platform applies a sector lens. Early-stage equity is illiquid and most startups return little or nothing, so the few that succeed must return many times the investment for a portfolio to work. The company itself cites valuations of 8–15× annual recurring revenue (ARR — revenue already contracted from subscriptions) for software firms with proprietary technology. On the disclosed ARR of €360,000, that lens implies an ARR-based enterprise value of roughly €2.9M–€5.4M — below the €9,000,000 pre-money being asked. That gap is the central tension in this deal. |
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Path to Target
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Sector heuristic |
Software firms with recurring revenue and proprietary tech are commonly valued at 8–15× ARR (company-stated). |
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Current key metric |
ARR of €360,000 (company-stated); entity-level total 2025 revenue €1,291,150 (provisional accounts). |
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Required scale at exit |
To support an 8–15× lens at today’s €9M pre-money, ARR would need to reach roughly €600,000–€1,100,000 — i.e. ARR must at least double before the current valuation is covered on the company’s own multiple. |
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Implied IRR |
Not derivable from disclosed data — no return model, and no projected exit value tied to a probability. The deck’s 2026–2029 projections (€2.8M→€22.4M revenue) are unaudited management estimates and are not treated as fact here. |
Valuation
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Pre-money ask |
€9,000,000. No valuation methodology (DCF or comparables table) is disclosed to support this figure. |
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Equity offered |
6.2% at the minimum raise / 25% at the maximum (7.3% / 28.2% with the 15% “Community Investor” discount that applies only to existing shareholders and the owner’s network). |
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Owner skin in the game |
None — the KIIS records €0 of own funds committed by the project owner to this round. |
Benchmark — prior rounds of the same group (public research)
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Date |
Round / entity |
Raised |
Pre-money |
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2024 |
CrowdFundMe — 1st AI Factory round |
€778,350 |
€10,000 |
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2025 |
Crowdcube |
£461,127 |
£1.285M (~€1.47M) |
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2025 |
Republic Europe — parent AIVB Ltd |
£2.5M (~€2.85M) |
£4.4M (~€5.0M) |
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2026 |
CrowdFundMe — current |
min €600k / max €3M |
€9,000,000 |
On the same CrowdFundMe-issuing entity, the reference pre-money moved from €10,000 (2024) to €9,000,000 (2026) in about 18 months — a 900× nominal increase. The entities are not strictly identical across rounds (subsidiary vs UK parent), so these are not perfectly like-for-like, but the trajectory is steep and unexplained by any disclosed methodology.
Instrument & Investor Terms
What you own
You are buying equity quotas in AI Factory S.r.l. There are two classes. Category “A” req…
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Information, not personal investment advice. The AI score rates the documents the platform publishes, can be wrong, and does not predict returns.
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