The data of CrowdfundingBuzz (part of EdiBeez srl, the publisher of BeBeez) said that in 1H21 the crowd investments in Italy amounted to 87 million euros (40 millions in 2020) (see here a previous post by BeBeez). CrowdfundingBuzz data say that the Italian equity crowdfuding platform raised 103 million in 2020 for 159 campaigns (65 million for 139 campaigns in in 2019).
InfinityHub, an Italian social energy and benefit company, launched its 12th equity crowdfunding campaign on CrowdFundMe on the ground of an enterprise value of 37.5 million euros ahead of a listing that will take place in 2023 (see here a previous post by BeBeez). The company already raised 651k euros for this campaign, well above the 329k euros target, for a 1.7% stake. Massimiliano Braghin founded Infinityhub which has a turnover of 3.5 millions.
EatRight, an Italian startup for high end food, attracted 5 million euros in a new investment round led by Oltre Venture, an Italian impact investing venture capital (see here a previous post by BeBeez). EatRight has launched the first shop branded Erbert of a chain specialized in high end food at accessible prices. Oltre Venture founded the startup in 2018 together with Enrico Capoferri. EatRight belongs to Oltre Venture (30.92%), Capoferri (15.69%), Maribel Lopera (20.1%), Brahma (12.73%), and minor investors.
Primo Space, a vehicle of Primo Venture, signed an agreement with the European Space Agency (ESA) for investing in the growth of new space economy startups (see here a previous post by BeBeez). ESA Φ-lab, which already manages the co-financing programmes Investing in Industrial Innovation and InCubed of 100 million euros, will coordinate the partnership. Primo Space Fund set a final fundraising target finale of 80 million and in July 2020 raised 58 million from the European Investment Fund (EIF) (30 million), Cdp Venture Capital (21 milioni), Compagnia di San Paolo, Luigi Rossi Luciani sapa, and Banca Sella.
Cdp Venture Capital launched FuturED, an acceleration programme for the edtech sector, through its subsidiary Fondo Acceleratori (see here a previous post by BeBeez). The programme has resources of 1.65 million euros and may raise further 1.5 millions for follow-on post acceleration investments. FuturEd has a tenure of 3 years and aims to accelerate 30 startups.
YouniteStars, a venture company that targets high performance e-businesses and owns the brand Senso, received a direct lending facility of 2.4 million euros with the support of Azimut Direct (fka Epic sim) (See here a previous post by BeBeez). The company previously attracted a direct lending facility of 3 million from HI CrescItalia Pmi Fund, a private debt vehicle gestito of Hedge Invest. YouniteStars raised 6 million in equity and financing facility since Gianmaria Monteleone founded the business at the end of 2020.
ShippyPro, an Italian startup that developed a shipping technology for e-commerce companies, attracted a 5 million US Dollars investment from Five Elms Capital (See here a previous post by BeBeez). The company will invest these proceeds in expanding its international activities. Francesco Borghi (ceo) and Lorenzo Rogai (cto) founded ShippyPro in 2016.
Cubbit, an Italian provider of distributed cloud technology, raised 3.5 million euros through a capital increase, 2.4 million through the issuance of hybrid instruments and 1.1 milioni in debt (see here a previous post by BeBeez). Digitech – Azimut Libera Impresa, Cdp Venture Capital, Gellify, IAG (Italian Angel for Growth), and the family office of Massimo Prelz Oltramonti subscribed the capital increase and the hybrid instruments. Primo Ventures and Techstars reinvested in Cubbit. The programme Smart&Start of Invitalia provided the debt facility. Gianluca Dettori, Fabio Nalucci and Mario Scuderi joined the company’s board. Alessandro Cillario, Stefano Onofri, Marco Moschettini, and Lorenzo Posani founded Cubbit in 2016. The company will invest the raised proceeds in launching Next Generation Cloud Italian Pioneers, a distributed cloud solution for corporates.
Lampoo, an online marketplace for second hand clothes, attracted a 6 million euros investment from a club deal that Proximity Capital and FG2 Capital launched (see here a previous post by BeBeez). Enrico Trombini is the ceo and founder of Lampoo. The company will invest the raised proceeds in its proprietary technology and marketing. In February 2019, attracted a one million investment from Moffu Labs and others.