Italian-American Genenta Science will soon list on Nasdaq, sources said to BeBeez (See here a previous post by BeBeez). Genenta Science is developing cancer therapies based on stem cells and raised 30 million euros since ceo Pierluigi Paracchi, Luigi Naldini and Bernhard Gentner founded it in 2014.
Delimobil Holding, a Russian car sharing firm that owns the brands Delimobil, Anytime and Anytime.Prime, withdrew its listing plans on NYSE (see here a previous post by BeBeez). On 2 November, Tuesday, the company received from NYSE the authorization for listing American Depositary Shares (ADSs), worth two ordinary shares Delimobil Holding sa (see here a previous post by BeBeez). Vincenzo Trani founded Delimobil in in 2015. Italian MP Matteo Renzi, a former prime minister, is part of the company’s board. Delimobil aimed to raise 240 million US Dollars through its ipo for a market capitalization of 913 million.
Italian-Irish fintech Viceversa raised 23 million euros from Fasanara Capital, Fabrick and business angels Roberto Ferrari, Enrico Giacomelli, Enrico Pandian (see here a previous post by BeBeez). The investors poured 20 million in equity and 3 million in debt. Matteo Masserdotti (ceo), Pietro Pogliani, Pedro Salvi (cfo), and Patrick David founded Viceversa with the support of Digital Magics. Viceversa is a Revenue-based-financing platform supporting startups investing in marketing, inventories and sales.
The valuation multiples of Italian fintech startups are rapidly growing, says the IAG Index of Italian Angels for Growth (IAG) (see here a previous post by BeBeez). The pre-money value for pre-seed rounds is of 3.5 million euros, 6.4 million for seed and 19.2 million for series A.
Neuron Guard, an Italian producer of medical devices, raised 650k euros through the issuance of a convertible bond that CDP Venture Capital subscribed (See here a previous post by BeBeez). The company attracted a further 550k euros from A11 Venture and its current shareholders. Neuron Guard will invest the raised proceeds in its organic development.
Biotechware, an Italian scaleup for cardiology diagnostics, closed a capital increase of 930k euros after the conversion of a bond that Dutch Medme BV previously subscribed (see here a previous post by BeBeez). Alessandro Sappia and Enrico Manzini founded Biotechware in 2011. The company received the incubation support of I3P, part of Turin Polytechnic University. Biotechware raised 1.6 million since its birth.
Emotiva, an Italian startup for assessing the emotions of people through the Artificial Intelligence, attracted 610k euros from Italian LVenture, Mark Schwerzel and other business angels (see here a previous post by BeBeez). Lorenzo Corbo, Andrea Lordi and Andrea Sempi founded Emotiva in 2017. The company received the acceleration support from LUISS EnLabs in 2020.
Sibill, an Italian fintech that provides digital services for the management of corporate cash flow, raised 500k euros from Danish venture builder Founders, Federico Sargenti, Raffaele Mauro, and other business angels (see here a previous post by BeBeez). Mattia Montepara, Lorenzo Liguori and Dario Prencipe founded Sibill.
Comparto 2 Crowdfunding, a subsidiary of 4Aim sicaf, invested the equity crowdfunding campaign that Italian financial holding RedFish LongTerm Capital (RFLC) launched on Opstart (see here a previous post by BeBeez). RFLC raised 350k euros and aims to attract a further 1.1 millions on the ground of a pre-money value of 12.8 million.
CFE Finance, an investment bank for trade finance, acquired from ceo Marco Zanuttini a 49% of Techstar, an Augmented Reality (AR), virtual reality (VR) and artificial intelligence (AI) (see here a previous post by BeBeez). The acquisition of Techstar is consistent with the ESG strategy of CFE Finance which manages assets per 1.5 billion euros.
Datrix US, the subsidiary of Italian Datrix, acquired Adapex, an US tech company that provides data monetization services, from Debra Fleenor, the foundress and chairwoman that joined the board of the buyer (see here a previous post by BeBeez). Earlier in June, Datrix raised 2.5 million euros from 8A+, OCS, a portfolio company of Charme.
Milan-listed LVenture Group and Aeroporti di Roma (ADR), a subsidiary of Atlantia, signed a partnership for creating an innovation pole for the airport services that will start its activities in 2022 (See here a previous post by BeBeez). The startups will get the assets and the resources of ADR. LVenture Group will support the startups in their setups and delivery stages.
Harmonic Innovation Group and Azimut Libera Impresa signed a binding agreement for creating an innovation hub for the startups of the South of Italy (see here a previous post by BeBeez). Azimut will invest 35 million euros for building the Harmonic Innovation Hub in Calabry.
DeRev, a digital and communication marketing that Stefano Esposito founded, launched a new platform for reward and donation crowdfunding (see here a previous post by BeBeez). DeRev will not charge charities supporters with any commission.
Bruno Vittorio Maino (ceo), Enrico Ventresca, spokesperson, and Fabio Manni, property strategist, founded Demetra Lending, a real estate lending crowdfunding platform for impact investing (see here a previous post by BeBeez). Demetra will allow to invest in projects with a 16% social return (12% for the investor and 4% for charity initiatives). Â
A-Road, an acceleration and fundraising programme that Growth Capital launched earlier in August, shortlisted five scaleups to support for their growth ahead of a series A fundraising round (See here a previous post by BeBeez). The companies will attract a convertible bond investment of 0.2- 0.5 million euros from Growth Engine, an Investment holding that Michele Appendino, Marco Ariello, Andrea Marangione, and Fabio Mondini de Focatiis founded. A-Road’s partners McKinsey&Company, Amazon, Legance, Carter&Benson, Sisvel, Studio Notai Associati Ricci e Radaelli, Studio CS, and Press Play will provide the shortlisted sartups with their services. The startups sohortlisted for the first batch are Barberino’s, an Italian chain of barbers shops; GoVolt, a 100% electric logistic company; HiNelson, a B2C vendor of accessories for nautics; Homepal, an Italian proptech; Indigo.ai, a platform for artificial intelligence.
