A-Cube raises €4m to scale AI-driven tax compliance platform

By Parth Prabhudesai

A-Cube, a Milan-based startup focused on automated digital tax compliance, has raised €4 million in a funding round led by P101 SGR, with participation from Sella Direct Ventures.

The company plans to use the funds to expand its product capabilities, build solutions adjacent to digital tax reporting, and integrate artificial intelligence into its platform.

Antonino Caccamo, co-founder and CTO of A-Cube, said the investment comes at a time of significant change in global taxation. “Regulatory changes and technological innovation are converging towards increasingly digital and integrated reporting models,” he said. “We want to provide infrastructure that helps companies manage complex multi-country environments and turn compliance into a strategic process.”

Founded in 2018, A-Cube provides technology for managing and exchanging digital tax documents, including electronic invoicing and real-time reporting. The platform has processed over 70 million invoices and serves more than 450 customers across 10 countries.

The funding reflects a broader trend in Europe, where startups are applying AI and automation to compliance-heavy financial processes. Recent investments across the region highlight growing interest in RegTech, particularly in areas such as tax reporting, identity verification, and financial automation.

Giuseppe Donvito, Partner at P101, said the sector is entering a high-growth phase. “Electronic invoicing is expected to be adopted by 90% of European companies by 2030, creating a market worth over €20 billion,” he noted. “We see A-Cube as well positioned to capture this opportunity.”

The shift is being driven by regulatory initiatives such as the EU’s VAT in the Digital Age (VIDA) directive, which is expected to accelerate adoption of real-time tax reporting.

A-Cube aims to evolve beyond compliance, positioning its platform as a broader technology layer supporting financial, tax, and operational processes through automation and AI.