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Underground Power


  • Stage Full Product Ready
  • Industry Clean Technology
  • Location Paderno Dugnano, Milan, Lombardy, Italy
  • Currency EUR
  • Founded February 2011
  • Employees 16
  • Website

Company Summary

Underground Power Srl is the Innovative Startup, listed by Italian Ministry of Environment in the TOP 10 Italian Cleantech companies for having developed LYBRA: a patented,modular,flat platform installed ground-flush in the deceleration lanes only,in order to absorb the velocity of the car and produce electrical energy up to 100 MWh/year.Since February 2014 the first LYBRA power plant is installed in the main entrance of Auchan Mall near Milan.


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    Massimiliano Nosenzo
    CTO, co-founder

    He graduated in 1995 from the Technical Institute of Monza. In 1996 he co-founded a company for the production and sale of integrated software and industrial automation. Since 2004 he is CEO of Noselab Equipment Srl, established following the acquisition of Noselab Ltd. In 2009 he managed the operation of acquisition of the manufacturing division of AtsFaar Srl, a leading manufacturer in analysis of plastics market. He co-founded UP in 2011.

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    Andrea Pirisi
    CEO, co-founder

    Andrea Pirisi graduated in electrical engineering in 2005 from Politecnico di Milano, where in 2010 he received a Ph.D. cum laude in electrical engineering.
    As co-founder, he became CEO and Chief Engineer with Underground Power srl in 2011 by contributing in many divisions of the company from technical office to marketing and funding.
    He is co-author of numerous scientific papers, he holds three patents pending on alternative energy generation

  • He graduated in 2007 in Literature and Philosophy at the Sacro Cuore University of Brescia and in 2012. He earned a MD in Project Management at the Business School IL SOLE 24ORE. In 2008 He became Project Manager with the American software company Electronic Arts Madrid and in 2011 he became LT Project Manager for Tek Translation International Madrid, supervising the whole LT process related to General Electric Medical Division’s products. He joi

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    Chief Marketing Officer

    With more than 40 years of experience in European Markets Mr. Pirisi developed an attitude to understand and foresee the dynamical complexity of international market, with special focus on negotiation and post-sales activities.
    With a 5 persons team he managed a 15m budget with average 10% yearly growth.
    Since June 2013 he built a strong and well-organized marketing pipeline in a deeply challenging environment with powerful commercial potential.

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    Alessandro Beretta
    Chief Financial Officer

    He graduated in Administration, Corporate Finance & Control at Bocconi University in Milan in 2009 and he started working for KPMG auditing clients such as ENEL (the 2nd largest electric utility in EU), Nestlè and Ricoh. Since 2011 he moved in the Corporate Finance Division where he worked as Associate with a rich exposure to M&A, company valuations, financial modelling, business planning and credit analysis. He joined UP in 2013.


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    Alessandro De Nicola, Senior Partner, Orrick Italy (linkedin:
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    Lorenzo Marazzita, Owner, Studio Marazzita (linkedin:
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    Prof. Rodolfo Zich
    Full prof. “Electromagnetic Fields” President of Politecnico di Torino (1987-2001) President of CSELT/TILab Research Center (1999-2003) TIM SpA BoD Memeber (82001-2005) President of Torino Wireless Foundation President of ISMB Research Center

Previous Investors

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    4 founders
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    2 companies (manufacturing industry, 10m$+ revenues each)
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    6 business angels