Amedeo Giurazza, Vertis sgr‘s founder and ceo, in an interview to Milano Finanza, said to Stefania Peveraro, the Editor in chief of BeBeez, that the fund hired Massimo Della Ragione and Danilo Iervolino as strategic advisors (see here a previous post by BeBeez). Both the new advisors are real heavyweights. Mr. Della Ragione, in fact, is former co-head of Goldman Sachs in Italy and is today vice president of the credit servicer Intrum Italy and professor at Bocconi University, where he is also the coordinator of the Digital Tech area of the business accelerator B4i – Bocconi for innovation, as well as partner of the Corporate Hangar incubator and Independent Director of Juventus Football Club. As for Mr. Iervolino, he is the founder of the group to which the Pegaso Telematic University and the Mercatorum University belong, which was sold last year to CVC Capital Partners in a billionaire deal (see here a previous article by BeBeez) and which at the end of December 2021 gave the start of what is imagined will be a series of new investments, with the agreement for the acquisition of control of the listed publishing group BFC Media and Salernitana Calcio (see here a previous article by BeBeez), as well as joining the Strategic Advisory Board of the newborn private equity asset management company Nextalia, promoted by Francesco Canzonieri, former co-head of corporate & investment banking and country head for Italy of Mediobanca (see here a previous article by BeBeez). Mr. iervolino has also personally invested also in the Vertis Venture 5 Scaleup Fund, which reached its first fundraising closing at 35.3 million euros (Cdp Venture Capital anchor investor). Mr. Giurazza announced another closing at 60-65 millions in the next two months is expected with a final target of 100 millions. The European Investment Fund might pour 25-30 millions in Vertis, said the ceo, recalling that EIF had previously invested in some funds managed by Vertis. Giurazza also added that Vertis could launch a capital increase for a 10-15% stake in the firm.
Folks Finance, an Italian fintech based on Algorand blockchain, raised 3 million US Dollars (see here a previous post by BeBeez). The company attracted the resources of Borderless Capital (lead investor), Coinbase Ventures, OKX Blockdream Ventures, Genesis Capital, Youbi Capital, Algorand Foundation, Meld Ventures, Eterna Capital, 0x Ventures, Polymorphic Capital, Valhalla Capital, ZBS Capital, Gains Associates, Algomint, Tinyman, StakerDAO, MyAlgo, Venue One, xBacked, David Garcia, Calvin Liu, and Prismatic.
Glovo Italia, the Italian subsidiary of Spain’s Glovo, acquired Italian competitor Socialfood, a business that Giovanni Imburgia and Guglielmo Brino founded in 2013 (dee here a previous post by BeBeez). Elisa Pagliarani is the general manager of Glovo Italia.
Creation Dose, a provider of digital marketing services, raised one million euros from Cdp Venture Capital (see here a previous post by BeBeez). The company previously attracted the resources of Italian footballer Leonardo Pavoletti. Alessandro La Rosa, Raffaele Barone, Antonio Puleo, and Jacopo Paoletti founded CreationDose in 2018.
Thinkinside, an Italian provider of indoor localization services, attracted one million euros from Cdp Venture Capital and Add Value, a portfolio company of Gruppo AVM (See here a previous post by BeBeez). Iacopo Carreras founded Thinkinside in 2015. The company has sales of 605k euros, an ebitda of 18k euros and net cash of 328k euros.
Credem invested in Fin+Tech, the three-year acceleration programme of Cdp Venture Capital born in 2020 for supporting a total of 48 startups (see here a previous post by BeBeez). Cdp allocated 1.65 million euros for Fin+Tech (a further 2 million for post acceleration follow-ons). Digital Magics, Startupbootcamp and Fintech District are the managers of the programme while Nexi-SIA will act as corporate partner together with Anima sgr, Banca Mediolanum, BNL Gruppo BNP Paribas, BNP Paribas Cardif, Compass, Credito Fondiario, Excellence Consulting, and Reale Group. Italian stock market regulator Consob is the programme’s institutional partner.
Seares, a producer of accessories for boating, attracted 900k euros from Cdp Venture Capital, seed Selected Investments and other investors (See here a previous post by BeBeez). Giorgio Cucè (ceo) founded the company in 2018.
Mapo Tapo, an Italian startup operating in the ski sector, raised 355k euros from Bocconi4Innovation (B4i), Laurent Denel, Felix Beccar, Yves Warnant, and other business angels based in Italy, Canada, USA, and Belgium (See here a previous post by BeBeez). The company also attracted the resources of Fabio Stefanini, Manuela Zanin, and Giuseppe Cavallaro (both part of Angels4Women). Daniele Calvo Pollino and Alessia Fontanari founded Mapo Tapo in 2020.
Paolo Angelucci poured 350k euros in the equity crowdfunding campaign that Fisiocomputer-J&S launched on CrowdFundMe for developing CovKill on the ground of a pre-money value of 2.8 million, sources said to BeBeez (see here a previous post by BeBeez). CovKill is a proprietary technology based on UV-C rays. Fisiocomputer-J&S already raised 0.103 million, well above the 70,000 euros target.
Horsa Group, an Italian provider of IT consultancy services to SMEs, paid 250k euros for a 3.4% of Spartan Tech, an Italian developer of sustainable blockchain solutions, on the ground of an enterprise value of 7.5 million (see here a previous post by BeBeez). Horsa Group signed an option to raise further its stake in Spartan Tech. Paul Renda is the ceo of Spartan Tech, Nicola Basso and Cesare Collinelli are the ceo and chairman of Horsa who issued a 7-year senior unsecured bond of 6 million in 2019.