Entando, the owner of an open-source platform for the design of corporate web applications with the system Kubernetes, raised 11 million US Dollars from United Ventures, B2B Gellify, Vertis, which previously invested in the company 3.5 million (See here a previous post by BeBeez). Claudio Ambu, Walter Ambu, Paul Hinz, and Robert Joseph Harvey founded Entando in 2015.
Tau Group, a startup producer of cables and components for electric motors, attracted 10.25 million euros since the launch of a Series A Round in 2020 (see here a previous post by BeBeez). The company attracted the resources of Finindus, an investment company of ArcelorMittal and of Belgium’s Fiandre Region, German chemical company Altana, Russian Direct Investment Fund (RDIF), and other investors. Filippo Veglia, Francesco Taiariol and Piero Degasperi founded Tau in 2014.
Resalis Therapeutics, an Italian biotech startup, raised seed resources of 6 million euros that will invest in developing a drug for fighting metabolic diseases, from Claris Ventures, Club degli Investitori and other investors (see here a previous post by BeBeez). Eva Castagnetti (ceo),Riccardo Panella and Pietro Puglisi founded Resalis.
HT Materials Science (HTMS), an Irish developer of nanotech-based heat exchangers in which Progress Tech Transfer invested, attracted 5 million euros from lead investor Saudi Aramco Energy Ventures (SAEV), Saudi Aramco’s corporate venture capital, the current shareholder and other investors (See here a previous post by BeBeez). Thomas Grizzetti, Arturo De Risi, and Rudy Holesek founded HTMS in 2018. The company will invest these proceeds in its organic growth and R&D.
Yolo, an Italian insuretech, attracted 2.5 million euros from Generali Italia which acquired a 10.8% of the business in view of raising such stake to 18% by 2022 (See here a previous post by BeBeez). Yolo previously attracted the resources of Neva, Intesa Sanpaolo Vita (2.5%), Primo Ventures, Banca di Piacenza, Be Shaping the Future, and CRIF.
Neva signed a partnership with Intesa Sanpaolo Private Banking for investing in startups (See here a previous post by BeBeez). Mario Costantini is the ceo of Neva which set a 250 million euros fundraising target.
Club degli Investitori invested a total of 4 million euros in 1H21 (see here a previous post by BeBeez). Since its foundation, Club degli Investitori poured 24 million in 40 companies that raised 500 million.
In Mid July, Banca d’Italia authorised The Techshop to carry on its venture capital activity (see here a previous post by BeBeez). Gianluca D’Agostino and Aurelio Mezzotero founded The Techshop which aims to raise 70 million euros by the end of the year. The fund will invest in startup providers of B2B tech solutions, SaaS and PaaS platforms and sectors like AI, data analytics, Internet of Things, cybersecurity, 5G, and cloud.
Quick Algorithm (QA), a provider of corporate assets analysis, completed the acceleration programme of Bocconi for Innovation (B4i) and attracted a one million euros investment from Bocconi University and others (See here a previous post by BeBeez). In 2018, Jacopo Piana founded QA which will invest 0.7 million in its organic development and 0.3 million in work-for-equity. Massimo Della Ragione, Raffaele Di Nardo, Luca Mignini, Marco Tagliapietra, and Adriana Versino are part of the company’s advisory board. QA will invest such proceeds in R&D.
Italian real estate equity crowdfunding portal Walliance completed the exit from the Alto Adige, Antonianum, a project for a residential development in Merano (see here a previous post by BeBeez). The project launched a campaign on Walliance in February 2019 and raised above 1.1 million euros (105% overfunding). The investors achieved a 21.03% roi in 29 months.