P101 sgr, a venture capital with a focus on digital and technology driven firms, raised more than 150 million euros for Programma 103 ahead of a 250 million target (see here a previous post by BeBeez). Earlier in February, BeBeez reported about the launch of Programma 103 that will invest in Italian and Spanish early/growth stage, digital and technology – driven B2C and B2B startups of the fintech, proptech, edutech, ciber security sectors.
Banca Agricola Popolare di Ragusa (BAPR), Catania University, Ragusa Municipality, Turin’s Polytechnic incubator i3P, Turin’s Polytechnic Energy Center, and the Fondazione Cesare e Doris Zipelli invested 10.5 million euros for launching Greentech Mediterranean Innovation Hub (see here a previous post by BeBeez). MEET- Mediterranean Ecosystem for Environment & Technologies, a B-Corp, will manage the hub that aims to support Southern Italian companies operating in the sectors of greentech, agritech, green-energy, blue economy, and mobility & logistics.
On 22 December, Thursday, Magis, an Italian producer of sellotapes and closures for diapers, listed on Milan market through a pre-book IPO that Electa Ventures carried on (see here a previous post by BeBeez). IPO Club, part of Milan-listed Azimut and KAIS Renaissance ELTIF, a vehicle that Kairos Partners manages, acted as cornerstone investors CFO sim.
Italian digital payment unicorn Satispay signed an agreement for acquiring 60.9% of Onyon (On-Your-Own), an app for browsing bar and restaurants’ menus and share the bill payments (see here a previous post by BeBeez). Earlier in August, Satispay acquired 13% of the target in line with an acqui-hiring strategy. Onyon’s founders Marco Actis (47.8%) and Paola Lombardi (8.7%) will reinvest in Satispay.
Sources said to BeBeez that Anna Barbieri sold Credit Team and 51% of Ricrea (a startup born in 2021) to Change Capital, an AI-based platform for providing SMEs with financial solutions (see here a previous post by BeBeez). Tania Marchina sold 49% of Ricrea. Barbieri will keep her role of ceo of Credit Team which has a turnover of 0.6 million euros. Change Capital aims to carry on further buys.
Kippy, a developer of IOT devices for pet care, attracted 2.6 million euros from Oltre Impact sgr spa – EuVeca, Fabio de Concilio and other investors (See here a previous post by BeBeez). Oltre Impact retained BonelliErede as counsel, while Corti Fumagalli and Growth Capital acted as legal and financial advisor to Kippy. Marco Brunetti and Simone Sangiorgi founded Kippy in 2013.
Frankly Bubble Tea & Coffee, an Italian chain of coffee bars, attracted 2.5 million euros from Fondo Rilancio Startup, a vehicle managed by CDP Venture Capital, Azimut ELTIF – venture capital – AliCrowd and 110 crowd investors (See here a previous post by BeBeez). Earlier in April, the company raised more than 1.4 million through a campaign that launched on Mamacrowd on the ground of a 9 million pre-money value.
HiNelson, an omnichannel marketplace for fishing and nautics, raised more than 2 million euros through an equity crowdfunding campaign on Mamacrowd on the ground of a pre-money value of 7.2 million (See here a previous post by BeBeez). HiNelson attracted the resources of Azimut ELTIF – Venture Capital AliCrowd and other investors. Marcello Labruna, Raffaele Dayan and Lorenzo Zabban created HiNelson in 2018.
Matix, a spin-off of AzzurroDigitale, a company that Carlo Pasqualetto, Jacopo Pertile and Antonio Fornari created for human centered projects for the digital transformation of manufacturing companies, raised 700k euros from auxiell, Vincenzo Regazzoni and Francesco Beraldi (see here a previous post by BeBeez). Riccardo Pavanato, the ceo of auxiell, also joined the board of Matix which also attracted the resources of some employees of AzzurroDigitale.
Relicta, an innovative start-up for sustainable packaging, attracted 500k euros from Scientifica Venture Capital and Terra Next, an Italian accelerator for the bioeconomy sector that is part of Rete Nazionale CDP and has the support of Intesa Sanpaolo Innovation Center, Cariplo Factory and Vertis (See here a previous post by BeBeez). Relicta is a spin-off of Sassari University and one of the four winnners of the Call4Ideas of Scientifica Venture Capital. The company belongs to even shareholders Giovanni Conti, Andrea Farina, Mariangela Melino, Davide Sanna, and Matteo Sanna.
Sources said to BeBeez that LifeGate, a Sustainable Open Innovation pole, acquired a 10% of Green Vibes, an e-commerce of eco-friendly sex toys (see here a previous post by BeBeez). Chiara Maggio, Valentina Dell’Arciprete, Paolo Meola, and Sergio Vezzani are the founders of Green Vibes.
Milan-based Le Village by Crédit Agricole, the innovation hub of the French banking giant, is now supporting 60 startups, ceo Gabriella Scapicchio said to BeBeez (see here a previous post by BeBeez). Le Village started to operate in Milan in 2018.
FX12, an Italian fintech company for the management of SMEs working capital, attracted the resources of Banca Popolare del Cassinate (BPC) (see here a previous post by BeBeez). Rita Capitelli, Martina Carafa, Giovanni Visone, and other co-founders created FX12 with the support of the incubator Campania New Steel.
LVenture Group, a Milan-listed venture capital fund that Luigi Capello founded, signed a partnership with the venture builder WDA (see here a previous post by BeBeez). LVenture Group could also invest in WDA. The firms will offer bespoke open innovation programmes for big companies. Roberto Macino and Mario Costanzo founded WDA in 2021.
epiCura, an Italian provider of home-care services, and Young Platform, an Italian platform for cryptocurrencies, are the even winners of Startup dell’Anno I3P 2022, an award of Turin Polytechnic University’s Incubatore di Imprese Innovative (see here a previous post by BeBeez). Gianluca Manitto and Alessandro Ambrosio founded epiCura in 2017.
