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Evidence-backed European AI register

Almawave S.p.A.

Reviewed identity, roles, model listings, pricing and evidence for Almawave S.p.A..

Dataset compiled 2026-08-28 · evidence over inference

HQ Europe: Unreviewedmodel labinference provider4 model listings0 token-price rows

Reviewed identity

Headquarters scope
headquarters unknown
Headquarters country
unknown
Headquarters city
unknown
Legal entity
S.p.A.
Ownership
Wholly owned subsidiary of Almaviva S.p.A. — DELISTED. Almawave IPO'd on Euronext Growth Milan on 3 Nov 2021 at €4.25/share (€30M private placement), traded as AIW.MI / ISIN IT0005434615. In 2025 Almaviva ran a voluntary tender offer reaching 97.91% of share capital, then deposited €2.7M to squeeze out the remaining 2.09%; Borsa Italiana revoked the shares from trading and Almawave was delisted (completed around December 2025).
Founded
2015
Confidence
high
Last verified
2026-08-22

Links

Official website

Headquarters evidence

Open interactive profile

Headquarters evidence

Headquarters and operating office

The research candidate suggested 'EU headquarters', but its exact quote could not be reproduced from the cited current source; the claim remains unpromoted.

Evidence boundaries

Organisation listings identify a reviewed canonical record. Headquarters is independent of incorporation, registered offices, ownership, hosting and runtime. Model listings show an association in the source register; they do not by themselves establish model creation, current API availability, hosting location or infrastructure ownership.

Model listings

  1. Velvet-14Bcatalogued with this organisation · origin not asserted
    Type
    text
    Parameters
    14B (50 transformer layers, Grouped Query Attention)
    Context
    128,000 tokens
    Languages
    Italian, English, German, Spanish, French, Portuguese
    Licence
    Apache-2.0
    Release
    2025-01-31
  2. Velvet-2Bcatalogued with this organisation · origin not asserted
    Type
    text
    Parameters
    2B
    Context
    unknown
    Languages
    Italian, English + major EU languages
    Licence
    Apache-2.0 (family)
    Release
    2025-01
  3. Velvet 25Bcatalogued with this organisation · origin not asserted
    Type
    text
    Parameters
    25B
    Context
    unknown
    Languages
    all 24 official EU languages
    Licence
    unknown
    Release
    2026
  4. Velvet Speech 2Bcatalogued with this organisation · origin not asserted
    Type
    tts
    Parameters
    2B
    Context
    unknown
    Languages
    multilingual
    Licence
    unknown
    Release
    2026

Profile note

The clearest Italian corporate open-weights story: Velvet 14B/2B under Apache-2.0, trained from scratch in Italy on CINECA's Leonardo, plus a 2026 generation (Velvet 25B covering all 24 EU languages, and Velvet Speech 2B TTS). CORRECTION TO THE BRIEF: Almawave is no longer listed — the Euronext Growth Milan ticker AIW was revoked after parent Almaviva's 2025 squeeze-out at 97.91% then 100%. Record it as 'subsidiary of Almaviva', with the former ticker as history. No per-token API price is published.

Record sources

  1. https://www.almawave.com/news/almawave-develops-velvet-an-open-source-multilingual-multimodal-italian-ai-mode…
  2. https://www.almawave.com/news/new-generation-of-velvet-family-multilingual-ai-for-europe-launched/
  3. https://huggingface.co/Almawave/Velvet-14B
  4. https://huggingface.co/Almawave
  5. https://www.almawave.com/investors/ipo-en/
  6. https://live.euronext.com/en/product/equities/IT0005434615-EXGM/company-information
  7. https://www.tipranks.com/news/company-announcements/almaviva-completes-squeeze-out-of-almawave-and-finalises-…
  8. https://www.aiwave.ai/
  9. https://www.almawave.com/news/velvet-now-supported-in-oracle-cloud-infrastructure-ai-quick-actions/
  10. https://www.almawave.com/