DEPOBank aims to sell PrestaCap, the fintech lending platform (See here a previous post by BeBeez). PrestaCap, is no longer core for the business that will be born out of the merger of DEPOBank with Milan-listed BFF Group. DEPObank was born in 2018 out of a spin off of Milan-listed Nexi. DEPOBank acquired PrestaCap in July 2019 and paid it 20 million euros. PrestaCap’s equity is worth 0.7 million, while losses stand at 0.1 million and assets at 1.3 million. The company has offices in London, Berlin and Luxembourg and it did not the disclose the amount of funds raised in several rounds from Run Capital, Boost Heroes and other firms. Prestacap is of interest to Cedacri, Cse, Cerved, Crif, Tinexta Group, Illimity, and Banca Ifis.
Dante Medical Solutions, the producer of chewingum integrator Mind the Gum, raised 3 million euros, ceo and founder Giorgio Pautrie said (See here a previous post by BeBeez). The ceo explained that the firm’s value is now of 17 million. Dante Medical Solutions has sales of above 0.8 million and will invest the proceeds in its organic development.
Aulab, the Italian coding factory, closed a 0.4 million euros seed round for a post-money valuation of 2.7 million euros (See here a previous post by BeBeez). SocialFare Seed and Manilo Marocco’s MM Partecipazioni (MMP) poured resources in the business. MMP is already a shareholder of Tiscali. Davide Neve and Giancarlo Valente founded Aulab in 2014. The company has sales of 0.196 million, an ebitda of 25,000 euros and net cash of 13,000 euros. In April 2019, Aulab raised another seed round from SocialFare while in May 2014 and in June 2016 it received two grants.
Rentuu, a London-based startup for equipment hire, raised 1.5 million British Pounds from Italian Angels of Growth (IAG), Stelios Haji-Ioannou (the founder of easyJet and easyGroup), Pi Labs and Boost Heroes (See here a previous post by BeBeez). The company will invest the proceeds in its organic development. Andrea Guzzoni and Dennis Helderman founded Rentuu in 2017. Haji-Ioannou poured 0.9 million in the company in 2019 and launched the brands easyHire, easyEventHire and easyToolHire. In June 2018, the company raised 0.585 million from Pi Labs, Boost Heroes and Micheal Bristow (the founder of crowdproperty.com).
Italian e-commerce for beuty products Abiby launched its subscription-based beauty boxes for Spanish market (See here a previous post by BeBeez). Mario Parteli and Luca Della Croce launched Abiby in 2018 and in May 2019 the company raised 1.5 million euros venture capital funds, its current chairman Alberto Genovese and other business angels. Abiby has revenues of 0.123 million.
On 1 July, Wednesday, Stefania Peveraro, the Editor in Chief of BeBeez, will moderate the webinar about the secondary market for the equity crowdfunding for which BeBeez is the media Partner (See here a previous post by BeBeez). Innexa, AIEC and Assofintech will host the roundtable whose speakers are Danilo Maiocchi, Alessandro Lerro, Fabio Allegreni (the ceo of EdiBeez, the publisher of BeBeez), Matteo Masserdotti, and Antonella Grassigli.
Unicredit signed a partnership with San Francisco-based fintech Taulia (See here a previous post by BeBeez). Unicredit will expand its offer of solutions for improving the management of working capital and supply chain finance. Unicredit’s clients will have the possibility to choose products of supply chain finance or of dynamic discounting. Luca Corsini is the Co-Head of Global Transaction Banking for Unicredit. Michael Rieskamp is the EMEA managing director of Taulia a company that Bertram Meyer founded in 2009 together with Markus Ament, Martin Quensel and Philip Stehlik. Taulia raised 176.7 million US Dollars in 10 rounds from Cultivation Capital, Matrix Partners, CreditEase Fintech Investment Fund, Lakestar,Trinity Ventures, QuestMark Partners, Propel Venture Partners, and Zouk Capital. In June 2019, Unicredit acquired 10% of Taulia.
Trusters, an Italian platform for real estate lending crowdfunding, aims to raise one million euros through ClubDealOnline, the equity crowdfunding portal that Antonio Chiarello founded for liaising High Net Worth Individuals, family offices and institutional investors with startup and scaleup projects (See here a previous post by BeBeez). Trusters will launch its campaign on 25 June, Thursday. In June 2019, Trusters closed a 0.1 million capital increase. The company also signed a partnership with Swiss Crowd, a provider of blockchain systems.
Gruppo ECTM, an engineering company, launched an equity crowdfunding campaign on Mamacrowd (See here a previous post by BeBeez). The company set a target of 0.15 – 0.5 million euros for a 2.91% – 9.09% stake and already raised 75,000 euros on the ground of a pre-money valuation of 5 million. ECTM will invest the campaign’s proceeds in its organic development. Domenico Ricciotti founded the company in 2016.