BizAway, a scaleup for business trips, raised 10 million euros from Azimut Digitech Fund, Gellify and Exor Seeds (See here a previous post by BeBeez). The company laso attracted the resources of Alma Mundi Ventures, a Spanish venture capital who reinvested in the target. Luca Carlucci (ceo) and Flavio Del Bianco (cto) founded the company in 2015. Bizaway has sales of 8 million (1.9 million in the previous year) and expects to generate sales of 32 million in 2022. Del Bianco.
Destination Italia, a Milan-listed travel tech for high-end journesy towards Italian destinations, CDP Venture Capital and SMP Holding invested in Italy eXperience ahead of creating a pole of excellence for experiential tourism in the South of Italy (see here a previous post by BeBeez). Destination Italia acquired a 7% of the target and signed for the closing on 22 April, Friday, CDP Venture Capital and SMP Holding will subscribe a multitranche capital increase of up to 5.5 million euros. Destination Italia may increase its stake in Italy eXperience through a work for equity scheme upon the achievement of targets in 2022-2024 and through exercising a call option in 3-4 years for purchasing the majority of the targets. Saverio Castilletti (ceo and 20% owner) founded Italy eXperience in 2013 with Urbano Brini, Patrizio Montevecchi and Luca Perfetto.
Hydraink, an Italian firm in the field of interactive cosmetics, launched a 5 million euros capital increase (see here a previous post by BeBeez). CDP Venture Capital’s Fondo Italia Venture II – Fondo Imprese Sud subscribed 4 million, while UK’s LSG, Stefano Core and Ventiseidieci invested one million. Riccardo D’Alessandri created Ventiseidieci which is the founder of Hydraink.
Talent Garden, the Italian scaleup for coworking spaces and digital training that Davide Dattoli founded in 2011, announced the acquisition of Creative Harbour, a company that Simone Lattanzi, Alessandro Renna and Matteo Marchesano created in 2020 for providing remote workers and firms with co-living and co-learning experiential services (See here a previous post by BeBeez). In 2021, Talent Garden attracted a 9.2 million euros financing from Cdp Venture Capital and Gama, the family office of Gaetano Marzotto. In 2019, Talent Garden raised 44 millionfrom StarTip, part of Tamburi Investments Partners, the Angelini Family, the D’Amico Family, the Dompè Family, the Drago Family, the Foglia Family, the Ginatta Family, the Holland Family, the Luti Family, the Monti Family, the Pittini Family, the Rovati Family, Indaco Ventures, Club degli Investitori, BeConsulting, and Social Capital (the fund of Chamath Palihapitiya, the former head of growth of NYSE-listed Facebook).
ShopFully, an Italian tech company that owns marketplaces DoveConviene, PromoQui and VolantinoFacile, acquired Spain’s Tiendeo, a provider of services for the digitalization of catalogues and flyers (See here a previous post by BeBeez). On 29 March, Tuesday, Hi! (Hyperlocal Intelligence), the AI platform of ShopFully, signed a partnership with the Italian retailer of consumer electronics Euronics. Stefano Portu (ceo) and Alessandro Palmieri founded ShopFully who has sales of 26 million euros, an ebitda of 1.4 million and net cash of above 2 million.
Exept, the owner of a patent for the production of customised monocoque racing bike frames, raised 500k euros from Fondo Rilancio Startup, a vehicle that CDP Venture Capital manages (see here a previous post by BeBeez). In 2021, the company attracted 0.31 million from Uberto Thun and in April 2019, it raised 0.05 million through an equity crowdfunding campaign on BackToWork. Alessio Rebagliati, Alessandro Giusto and Wolfgang Turainsky created the company in 2014.
Novac, an Italian producer of supercapacitors for electric mobility, raised pre-seed resources of 412k euros from Motor Valley Accelerator and Eureka! Fund I – Technology Transfer, a fund that Eureka! Venture manages (See here a previous post by BeBeez). CDP Venture Capital, Fondazione Modena and Unicredit created Motor Valley Accelerator in November 2020 for supporting startups that develop automotive solutions. Plug and Play manages the programme. Novac is born in 2020 as a spinoff of Università degli Studi di Modena e Reggio Emilia and part of the entrepeneurship programme Training for Automotive Companies Creations. Matteo Bertocchi, Loris Bruzzi, Alessandro Fabbri, and Aldo Girimonte founded the company. Novac will invest the raised proceeds in hiring further professionals and boosting the development of its produtcs’ prototypes.
Holidoit, a digital platform of holiday activity proposals that Marcello Pelucchi and Luca Silva launched in 2021, raised pre-seed resources of 400k euros (see here a previous post by BeBeez). The company attracted the resources of Giorgio Tinacci, the founder of Casavo, Marco Pescarmona, the chairman of Milan-listed MutuiOnline, and some of the partners of consulting firms Boston Consulting Group, McKinsey and Bain. Holidoit has sales of 1.5 million and aims to hit a 10 million target in 2023.
Frankly Bubble Tea & Coffee, an Italian chain of bars, launched an equity crowdfunding campaign on Mamacrowd in early April searching 0.5-1 million euro on the ground of a pre-money value of 9 million euros (sSee here a previous post by BeBeez). The campaign follows a previous round launched on the Italian equity crowdfunding platform for wealthy pro-investors ClubDealOnline, which had raised over one million euros between January and April 2021. In that case, the success of the investment round was also possible thanks to to the collaboration with Banca Sella Private Banking. The new resources will be invested in hiring further resources and the digitalization of the business. In 2022, Frankly Bubble Tea & Coffee expects to generate revenues of 4 million. Frankly aims to open 24 new shops in the next 2 years and expand in Europe by 2025. By 2024, the company aims to generate revenues of 15 million.