Banca Generali invested 2 million euros in Datrix who launched a 2.5 million round (see here a previous post by BeBeez). The company also attracted the resources of OCS, a provider of technology for financial services firm that belongs to private equity Charme. Datrix will invest such proceeds in its organic development and M&A transactions.
Flywallet, the owner of a digital platform for payments through wearable digital items, launched a capital increase for selling a minority to Global Payment, a subsidiary of Milan-listed TAS Tecnologia Avanzata dei Sistemi (see here a previous post by BeBeez). Lorenzo Frollini, Arianna Ludovica Frollini, Matteo Egidi, and Alessandro Massimiani founded Flywallet at the end of 2018.
Innovative – RFK spa (i-RFK), a Paris-listed investment holding, acquired 20% of Red Raion a 5D experiential cinema, Dome, Virtual reality and Flying Theater operator (See here a previous post by BeBeez). Paolo Pescetto, the ceo of i-RFK, will join Red Raion’s board of directors.
Gellify, Azimut Digitech Fund and Paris-listed innovative-RFK (i-RFK) invested in Italy’s Sixth Sense, a provider of data-driven services for sales and CRM (see here a previous post by BeBeez). The company will invest such proceeds in its international expansion. Renato Giacobbo Scavo, Giacomo Filippo Porzio and Gianluca Nastasi founded SixthSense in 2015. The company has sales of 3.9 million euros, an ebitda of 1.37 million and net cash of 1.5 million.
Novavido, a startup producer of polymeric retinal prostheses that G-Factor accelerated, raised 6 million euros from Alfasigma, Utopia, Istituto David Chiossone, and Club2021 (a company of the Taini family) (see here a previous post by BeBeez). Novavido will initially get 1.4 million and 4.5 million in 24 months.
Italian fintech Young Platform raised 3.5 million euros on the ground of an enterprise value of 10 million euros (see here a previous post by BeBeez). United Ventures led the round that Ithaca Investments, Luca Ascani, Max Ciociola, and Pietro Invernizzi joined. In 2017, Andrea Ferrero founded Young Platform together with Alexandru Stefan Gheban, Samuele Raimondo, Andrea Carollo, Marco Ciarmoli, and Daniele Rinaldi.
Retail Hub, the Italian vertical accelerator for retail startups and scaleups, raised one million euros from Antonio Procopio, Gaetano Lopresti, Dante D’Angelo, Michele Pagani, Massimo Pappalardo, Lucia Fracassi, Mark Iuliano, Francesco Pinto, and other investors (see here a previous post by BeBeez). Retail Hub launched the last round on the ground of an enterprise value of 6.5 million. Massimo Volpe, Antonio Ragusa and Paolo Intermite launched Retail Hub in April 2020.
Milan-listed crowdfunding portal CrowdFundMe raised 400k euros for its first real estate buy to sell campaign Corte del Tiglio that aims to develop five apartments in the Barona neighborood in Milan (See here a previous post by BeBeez).The deveoloper Rinofanto will invest the proceeds in the expenses of the project.
Italian Angels for Growth (IAG), the most numerous business angels network in Italy, appointed Carlo Tassi as chairman (see here a previous post by BeBeez). Tassi will replace Antonio Leone, while Paola Bonomo will keep her vice president role together with Christian Marchesi. Carolina Gianardi, Paolo Marzetti and Alessandra Piccinino will keep their position of director. Enrico Chiapparoli, Renato Cifarelli and Alda De Rose are Iag’s new board members. Leonardo Giagnoni will act as managing director.
Augusto Vecchi, the ceo and founder of Italy Crowd, an Italian real estate crowdfunding portal, said to BeBeez and CrowdfundingBuzz that he aims to operate in the UK and France by November 2021 and launch services for the real estate tokenizatione (see here a previous post by BeBeez). Stefano Sardelli recently the company’s board.
GasGas, a network of recharging stations for electric vehicles that received the support of Seed Money, launched an equity crowdfunding campaign on CrowdFundMe on the ground of a pre-money value of 1.2 million euros (see here a previous post by BeBeez). The company already raised 55,000 euros ahead of a target of 100k euros. Alessandro Vigilanti and Stefania Menguzzato founded GasGas which aims to invest the raised proceeds in marketing (27%) and in creating new recharging stations (73%).
