Main Italian venture capital funds created think tank VC Hub Italia (see here a previous post by BeBeez). AIFI, the Italian association of financial investors, will collaborate with VC Hub. United Ventures, Indaco, Innogest, P101, Panakès Partners, PrimoMiglio, and 360 Capital supported the launch of VC Hub that will elect its chairman annually. Fausto Boni of 360 Capital and Alessio Beverina of Panakés will be VC Hub’s chairman and general secretary for this year.
TrueLayer, a fintech scaleuup that Francesco Simoneschi (ceo) and Luca Martinetti (cto) founded in London in 2016, closed a Series C financing round of 35 million US Dollars (see here a previous post by BeBeez). Chinese Tencent Holdings and Singapore’s Temasek invested in the company. TrueLayer produces Application Programming Interfaces (APIs) for banks and financial services firms.
Italian social shopping app Depop raised 62 million US Dollars from US private equity General Atlantic, HV Holtzbrinck Ventures, Balderton Capital, Creandum, Octopus Ventures, TempoCap, and Sebastian Siemiatkowski, the cofounder and ceo of Swedish fintech Klarna (See here a previous post by BeBeez). Maria Raga, ceo of Depop, said that the company will invest these proceeds in its organic development. In 2012, Depop set its headquarter in London’s tech district of Shoreditch. The company has sales of 50 million US Dollars.
Codemotion, an international network of software developers and IT companies such as Cisco, IBM, Google, Microsoft, Intel, and Oracle, raised 2.5 million euros from Invitalia Ventures and Primomiglio. Chiara Russo (ceo) and Mara Marzocchi founded the scale-up Codemotion in 2013.
Digital clinic Epicura raised one million euros with an equity crowdfunding campaign on Mamacrowd (see here a previous post by BeBeez).Club degli Investitori, LVenture Group, Club Acceleratori, Boost Heroes, and Enrico Castellani poured resources in the business. Alessandro Ambrosio and Gianluca Manitto founded Epicura in 2017.
Italian marketplace for fitness Fitprime raised 700k euros from Italian Angels for Growth (IAG), Club degli Investitori, LVenture Group, and Boost Heroes (see here a previous post by BeBeez). Fitprime totally raised 1.43 million euros. Matteo Musa, Laura Carpintieri, Gianluca Mozzillo, and Damiano Rossi founded Fitprime in 2016 with the support of LUISS EnLabs, the business accelerator that LVenture Group and LUISS University founded. Musa said that the company will invest these proceeds in its organic development.
CleanBnB, an Italian platform for short term accommodation rental, aims to list on Milan AIM, said chairman and founder Francesco Zorgno (see here a previous post by BeBeez). CleanBnB already raised 900k euros through two equity crowdfunding campaigns on CrowdFundMe and a financing round that Boost Heroes and BackToWork subscribed. Zorgno said that the company will investo the ipo proceeds in its organic development.
Online financial advisor Moneyfarm started its activities in Germany (see here a previous post by BeBeez). Paolo Galvani, chairman and co-founder of Moneyfarm, said that the company aims to become an European leader of online asset management. Giovanni Daprà, ceo and co-founder of the company, added that Moneyfarm aims to sign new strategic partnerships in the B2B2C segment for improving its distribution channels. Allianz, Cabot Square Capital, United Ventures, Endeavor, Fondazione di Sardegna, and other investors poured 70 million euros in the company through several rounds. Moneyfarm is compliant with the UK’s Financial Conduct Authority (FCA) and Italy’s Consob. Moneyfarm is one of the scaleup companies that BeBeez Private Data monitors. Find out here how to subscribe to the Combo Version that includes the reports and the insight views of BeBeez News Premium 12 months for 110 euros per month.
US-listed social network Twitter acquired Fabula AI, a London-based anti-fake news startup (see here a previous post by BeBeez). Ernesto Schmitt, Damon Mannion, Michael Bronstein, and Federico Monti founded Fabula in 201
