Newcleo, a UK-Italian startup for clean nuclear energy, raised 300 million euros through a capital increase for developing fourth generation plants that reuse polluting waste (see here a previous post by BeBeez). In September 2021, the company raised 118 million US Dollars and attracted the resources of Club degli Investitori, LIFTT, Compagnia di San Paolo,Links, and Exor Seeds, the venture capital unit of Milan-listed Exor.
Italian crowdfunding platforms expected Paolo Savona, the chairman of Italian stock market regulator Consob, to take a position about Italy’s delay in implementing new European rules for the sector (see here a previous post by BeBeez). On 10 November the new European rules for crowdfunding will actually come into force and have significant impacts on the raising of venture and debt capital for a wide range of companies. Such rules will also apply to fintech lending and invoice financing platforms, Stefania Peveraro, the editor-in-chief of BeBeez said in an article for MF Milano Finanza last Saturaday June 18th. The Italian Government has not decided yet whether the Consob or Banca d’Italia must be in charge of implementing these new rules. In 2021, Italian crowdfunding platforms raised more than 172 million euros, CrowdfundingBuzz data say. BeBeez data say that at the end of 2021, Italian SMEs and startups raised 3.5 billion from any fintech platform, for a 60% growth from 2020 (see here BeBeez Fintech Platforms Report 2021 and BeBeez Fintech Platforms Report 2020).
UK fintech Swoop, a one-stop-shop platform for corporate credit, closed a Series A round of 5.4 million pounds for financing its international expansion (see here a previous post by BeBeez). The company attracted the resources of Italian Angels for Growth (IAG), Velocity,Arab Bank Ventures, WeHo Ventures, and Enterprise Ireland. In 2017, Andrea Reynolds (ceo) and Ciaran Burke (coo) founded the company that will invest the raised proceeds in its expansion in North America.
Cdp Venture Capital sgr allocated through Fondo acceleratori 3.75 million euros for HabiTech, an accelerator for proptech startups that has total resources of 5.75 million (see here a previous post by BeBeez). HabiTech will choose up to 10 seed and pre-seed startups each year. HabiTech’s first call will end on 15 July, Friday. Winners will receive a pre-seed facility of 0.115 million and join a 4-months acceleration support. Digital Magics, a startups incubator, and MassChallenge, an US-based accelerator, will manage HabiTech that also attracted as partners Ariston Group, Novacapital,Milan-listed illimity Bank, Planet Smart City, Gabetti Lab, Costim, and real estate asset manager Coima, which will support the company with tech resources and provide bureaus in Milan’s Porta Nuova district. Gruppo Coima actually allocated 10 million euros for its digitization plan ahead of the net zero carbon target including a 750k euro investment in HabiTech, an investment in Milan-listed proptech company Tecma Solution and the launch of Coima Human Technology (HT) will integrate advanced technologies for blockchain, metaverse and proptech (see here a previous post by BeBeez).
Wopta Assicurazioni, a phygital insurance agency, raised pre-seed facilities of 3 million euros (see here a previous post by BeBeez). The company belongs to Vincenzo Macaione (founder 60%), the managers (5%), Cordifin, Key Capital, a club deal of business angels and investors, and CNA-Confederazione Nazionale Artigiani (6%). Cordifin is the holding of the Cordioli Family. Key Capital is venture capital that Giorgio Di Stefano founded. Wopta signed partnerships with Munich Re Italia, Global Assistance and REVO (Elba Assicurazioni). Further manager of the company are Ivan Pivirotto, Andrea Papetti (Chief Distribution Officer), Michele Lomazzi (Head of P&C Product), and Luca Barbieri (Chief Technology Officer). Macaione said that in the next five years, the company aims to broker 120 million euros of insurance prices.
Homepanda, an online real estate agency that Andrea Conte, Alessandro Alberta (ceo) and Corrado Ronci (cto) founded in 2018, aims to raise 3 million euros through an equity crowdfunding campaign on ClubDealOnline, a platform for High-Net-Worth Individuals and a partnership with Banca Sella’s private banking (see here a previous post by BeBeez). Investcorp will also pour its resources through Cloudcare, a digital broker for consumer services and utility bills of which acquired the majority in 2021 from the ceo and founder Conte. Homepanda also attracted the investments of Nicola Ferraris, a managing director of Investcorp, Antonio Borgonovo, Lucio De Costanzo, Easyways, Dario Vignudelli, and Ubiqo. Homepanda will invest the raised proceeds in its organic development and the creation of an Academy for real estate agents.
Blowhammer, a native digital fashion brand born in 2013, fetched 1.039 million euros with an equity crowdfunding campaign on Mamacrowd that is still in progress (see here a previous post by BeBeez). The company attracted the resources of AZ ELTIF – ALIcrowd, a venture capital ELTIF of Azimut Investments that also invests in crowdfunding campaigns and that Azimut Libera Impresa manages. Blowhammer set a fundraising target of 0.1 – 1.35 million on the ground of a pre-money value of 8.7 million, revenues of 4.5 million and a positive ebitda. The company will invest the raised proceeds in its international expansion, R&D, marketing, omnichannel distribution, and hiring further resources.
In 1H22, Club degli Investitori, an Italian network of angel investors, invested 10 million euros, the same amount as in the whole 2021 (see here a previous post by BeBeez). However, sources said to BeBeez that Club degli Investitori invested 6 millions in just one undisclosed company. The network poured resources in Italian startups Everli, D-Orbit (soon-to-list on Nasdaq), flexiWAN, Microchannel Devices, Satispay, ACBC, Kither Biotech, Bowlpros, and Newcleo. CdI also supported four companies based in Israel, UK and Switzerland.
Italian crowdfunding platforms expected Paolo Savona, the chairman of Italian stock market regulator Consob, to take a position about Italy’s delay in implementing new European rules for the sector (see here a previous post by BeBeez). On 10 November the new European rules for crowdfunding will actually come into force and have significant impacts on the raising of venture and debt capital for a wide range of companies. Such rules will also apply to fintech lending and invoice financing platforms, Stefania Peveraro, the editor-in-chief of BeBeez said in an article for MF Milano Finanza last Saturaday June 18th. The Italian Government has not decided yet whether the Consob or Banca d’Italia must be in charge of implementing these new rules. In 2021, Italian crowdfunding platforms raised more than 172 million euros, CrowdfundingBuzz data say. BeBeez data say that at the end of 2021, Italian SMEs and startups raised 3.5 billion from any fintech platform, for a 60% growth from 2020 (see here BeBeez Fintech Platforms Report 2021 and BeBeez Fintech Platforms Report 2020).
