Tuesday, November 5, 2024

Milan-based Stema nabs €1.6 million to handle Europe’s STEM expertise scarcity

Stema, a profession copilot platform for engineers, introduced it has secured €1.6 million in funding from United Ventures, the Milan-based enterprise capital agency targeted on investing in expertise startups. United Ventures invested in Stema through its UV III and UV III Lombardia funds, the latter backed by the regional “Lombardia Enterprise” initiative for high-potential tech startups. Eden Ventures, Membership degli Investitori, and Octopus Ventures additionally participated within the spherical.

Stema is creating a B2B resolution to automate STEM recruitment. This funding comes at a time of great development for the corporate, which has constructed a thriving group of certified engineers in Italy in just some months, attracting over 300 new customers each day and securing contracts with 15 of the nation’s high technical employers. The brand new funding will likely be used to additional develop its expertise platform, develop its group, solidify its market presence in Italy, and put together for growth into Germany.

The demand for STEM (science, expertise, engineering, and arithmetic) professionals is about towards a backdrop of world financial competitors. Immediately’s evolving industrial panorama requires an unprecedented variety of STEM skills, creating demand not just for new graduates but in addition, and extra importantly, for the optimum allocation of present professionals inside the job market. Geographical concentrations of expertise and infrequently outdated recruiting instruments make it troublesome for corporations to draw and rent the engineers they want.

Corporations want a brand new infrastructure to attach expertise with alternative. By specializing in profession paths slightly than particular person job openings, Stema builds belief with professionals and is creating a big group of STEM expertise round its platform. AI empowers engineers to navigate the job market and determine corporations the place they will thrive. Equally, corporations can pinpoint the engineers greatest suited to every position, making certain a stronger match between expertise and place. That is essential for fostering creativity and innovation within the office.

Stema’s founding group combines complementary abilities and intensive expertise throughout numerous sectors. The group contains Vito Lomele, a serial entrepreneur who has constructed profitable and revolutionary corporations like Fiscozen and Jobrapido; CEO Davide Bodini, whose background is in human sources; and CTO Matteo Gambera, an automation engineer.

“We’re at a turning level in how we entry expertise. Till now, HR departments have needed to depend on a large number of undifferentiated platforms, incapable of successfully reshaping the interplay between expertise and firms. With Stema, we’ll information the careers of 10 million European engineers, making the continent’s companies extra aggressive on a worldwide scale,” mentioned Davide Bodini, CEO and Co-founder of Stema.

“For the primary time in recruiting, new AI-powered instruments permit us to supply professionals the identical stage of customized consideration and steerage beforehand reserved for executives, who’re used to working straight with headhunters. By empowering tens of millions of European professionals to pursue their profession aspirations extra successfully, Stema will drive innovation inside companies and finally strengthen our continent’s competitiveness,” commented Vito Lomele, Co-founder of Stema.

“The rise of synthetic intelligence and its integration into companies is creating fertile floor for innovation in HR,” added Paolo Gesess, Co-founder and managing companion of United Ventures. “Coupled with that is the sturdy demand for STEM professionals, who’re troublesome to draw and place utilizing conventional approaches. This presents a transparent market alternative: to faucet into this expertise pool and innovate the mannequin to higher match provide and demand. Stema, led by an distinctive group, stands out as one of many few corporations with a vertical concentrate on STEM profiles and a community-based method. It has all of the components to construct a big aggressive benefit within the HR tech sector.”


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