Angelini Ventures poured 6 million US Dollars in Cadence Neuroscience which raised a total of 26 million (see here a previous post by BeBeez). Cadence also attracted the resources of Angelini Lumira Biosciences Fund, F-Prime Capital, LivaNova USA, Spectrum Financial Services, Mayo Clinic, and JAZZ Venture Partners. Gerry Brunk and Kevin Chu joined the company’s board. Angelini Ventures has resources of 300 million euros.
Agade, an Italian medical devices startup, raised 4 million euros (see here a previous post by BeBeez). Cysero EuVeca, a vehicle of AVM Gestioni and Kilometro Rosso, invested 0.9 million euros. The company also attracted the resources of Brembo Ventures, CDP Venture Capital, EIC Fund, 360 Capital Partners, and Genera Imprese. Cysero and the investors will now own a minority of the company. Gianni Origoni & Partners and Studio OnePartner assisted the buyers while Studio Legale Garbagnati ha assisted the company. Lorenzo Aquilante, Daniele Ramirez and Mattia Tabaglio founded Agade in 2020.
Utopia SIS, Italian Angels for Biotech, Enrico Pandian, Andrea Dusi, and Stefano Bernardi invested 1.8 million euros in CaSRevolution, a pharmaceutical startup (see here a previous post by BeBeez). Studio Legale Lener Morrone & Partners assisted the investors while CaSRevolution retained Studio Legale Pellicanò. The company will invest the proceeds in its drug discovery process. Luca Benatti, Antonio Falcone, Mario Pellegatti (head of drug development and founder), and Gabriele Grecchi (founder) are the directors of CaSRevolution.
Deeptech startup i-TES raised 1.4 million euros from Eureka! Venture and CDP Venture Capital which retained L&B & Partners Avvocati Associati (see here a previous post by BeBeez). The founders of i-TES and the company hired Leading Law. Michele Santovito (chairman and ceo), Noemi Muscarà (head of R&D) and Roberto Semino created i-TES with the support of Turin Polytechnic University‘s Business Incubator 2i3T and Technology Transfer.
Rancilio Cube Sicaf closed a 12 million euros capital increase with the support of Annunziata & Conso and Tremonti Romagnoli Piccardi e Associati (see here a previous post by BeBeez). Andrea Conso (chairman), Sara Kraus, Paola Bonfranceschi, Luca Rancilio (ceo), and Francesco Dell’elmo are in the board of directors. The members of the auditing board are Stefania Trezzini (chairwoman), Laura Puddu and Marco Reggiori. Diego Dainesi (cfo), Massimo Ruffoni (head of investment), Irene Mastelli, and Francesco Ghedini make the management board.
German Media Central Group acquired Italy’s ShopFully, the owner of marketplaces DoveConviene, PromoQui, VolantinoFacile, and Tiendeo (see here a previous post by BeBeez). Stefan Hamacher and Highland Europe also invested in the transaction. Stefano Portu will invest for a minority and act as ceo of the group’s digital unit. ShopFully hired Rothschild & Co and Orrick.
Newtwen (fka Hexadrive Engineering), a deep tech startup, raised 7 million euros from 360 Capital, Join Capital, CDP Venture Capital, and Vertis (see here a previous post by BeBeez). The startup was born in 2020 as a spin-off of Padua University that Silverio Bolognani, Piergiorgio Alotto, Riccardo Torchio, Milo De Soricellis, and Francesco Toso (ceo) carried on. The company will invest such proceeds in R&D and the expansion of its international sales.
Stellantis Ventures invested in Lyten, a producer of batteries for electric vehicles born in 2015 (see here a previous post by BeBeez). Dan Cook, ceo, said that the company raised more than 160 million US Dollars. Lyten attracted the resources of Catalus Capital Management, Honeywell, National Science Foundation Innovation Corps Program, Prime Movers Lab, Doorga Capital, AiiM Partners, Pelican Products, Dallara, and US Homeland Security Department.
Swiss Data company Datamars announced the acquisition of Italy’s Kippy, a producer of IOT pet care devices (see here a previous post by BeBeez). Datamars retained CMS and Ernest & Young. Kippy appointed Alma Sta and Studio Corti&Fumagalli. Marco Brunetti and Simone Sangiorgi, the co-ceos and co-founders of Kippy, will join Datamars
RE-Lender raised 0.354 million euros through an equity crowdfunding campaign that launched on Finnexta, a portal of Milan-listed Innexta, is in overfunding (see here a previous post by BeBeez). The Italian lending crowdfunding platform that Paolo Manetta and Francesco Marella founded in 2019 set a fundraising target of 0.35 – 1 million for a pre-money value of 12.12 million ahead of a 2024 listing on London Stock Exchange. The investors in this campaign will get an Implied Premium Price in pre-ipo with a potential 25% capital gain. Novum Securities is advising Re-Lender for the IPO.
Contents.com (fka Entire Digital Publishing) acquired Scribox, a provider of editorial services (see here a previous post by BeBeez). Paolo Moro and Mara Alberti are the founders of Scribox.
Crowdvillage, the owner of ITS Lending, appointed as directors Danilo Broggi, Fabio Allegreni (the ceo of EdiBeez, the publisher of BeBeez) and Nicola Portacci (see here a previous post by BeBeez). The company also appointed for the advisory board Marco Cerri (head), Umberto Salinaro and Sebastiano Missineo.
