Milan's A-Cube raises €4M to revolutionise digital tax compliance in Europe
Milan-based startup A-Cube has secured €4 million in fresh funding to expand its digital tax technology. The investment comes as new EU tax rules push companies towards real-time reporting and electronic invoicing. Investors see growing demand for solutions that simplify compliance and streamline financial workflows. The funding round was led by P101 SGR, with additional support from Sella Direct Ventures. Giuseppe Donvito, a partner at P101, highlighted the rapid shift in tax digitisation, predicting that 90% of European firms will adopt electronic invoicing by 2030. This transition could create a market exceeding €20 billion.
A-Cube’s platform already handles over 70 million invoices annually for more than 450 clients across 10 countries. The company specialises in managing digital tax documents, including real-time reporting and e-invoicing. Antonino Caccamo, co-founder and CTO, noted that the investment aligns with sweeping changes in global tax regulations, particularly the EU’s VAT in the Digital Age (VIDA) directive. The startup plans to use the funds to enhance its platform with AI-driven automation. Beyond compliance, A-Cube aims to position itself as a broader financial and operational tool for businesses. The goal is to reduce manual processes and improve accuracy in tax-related workflows.
The €4 million investment will help A-Cube scale its technology as real-time tax reporting becomes standard. With stricter EU rules on the horizon, the company’s tools are set to play a key role in helping businesses adapt. Expansion into AI and broader financial automation could further solidify its market position.
