Sources said to BeBeez that ITAS Mutua invested 10 million euros for acquiring 1 3.16% of E-Gap, a provider of recharging stations for electric vehicles (see here a previous post by BeBeez). Eugenio De Blasio and Daniele Camponeschi, two partners of Green Arrow Capital, founded E-Gap in 2019.
Coverzen, a digital platform for insurance brokers, raised 3.3 million euros from Vertis and other business angels (see here a previous post by BeBeez). Orrick assisted Coverzen. Vertis hired Alma LED and Epyon Audit. Alberto Mazzetti, Giuliano Messina and Umberto Lentini founded the company in 2021 and later appointed Raffaele Bianchi as ceo. In 2021, Coverzen raised 0.5 million from the founders, Silicon Valley’s investors and Jacopo Vanetti.
ALBA Robot, a startup that received the support of I3P (the incubator of Turin Polytechnic University), attracted 2 million euros from Cysero (part of AVM Gestioni ) and 0.636 million from RoboIT (part of CDP Venture Capital) and Techstars (see here a previous post by BeBeez). In June 2020, the company joined Alexa Next Stage, an acceleration programme of Amazon Alexa Fund and Techstars. In October 2020, the company attracted the resources of Alexa Fund.
BizAway, an Italian scaleup for business travel, received a 10 million euros mid-term financing facility from the Growth Credit unit of illimity (see here a previous post by BeBeez). In April 2022, the company raised 10 million from Azimut Digitech Fund, Gellify (lead investors), Exor Seeds, Alma Mundi Ventures, and other investors.
Holidoit, a digital platform for the leisure sector that Marcello Pelucchi and Luca Silva created in 2021, raised seed resources of 1 million euros (see here a previous post by BeBeez). The company attracted the resources of Giorgio Tinacci, Marco Pescarmona, and partners of BCG, McKinsey and Bain. Holidoit retained Chiomenti as advisor. The company will join the Genesis programme of Goodwater Capital, an US venture capital fund.
Banca Valsabbina will increase to 9% its 5% stake in Netfintech, a credit broker for SMEs that owns the brand Change Capital (see here a previous post by BeBeez). Francesco Brami (35.2%), Tiziano Cetarini (35.2%), Banca Popolare di Cortona (9.99%), Weholding, and other shareholders sold part of their stakes. Change Capital and Banca Valsabbina are also mulling for the issuance of hybrid instruments for signing further partnerships.
NextUp, an Italian investment holding that targets startups, appointed Alessandro Annovi as chairman (see here a previous post by BeBeez). The holding is also going to launch a capital increase.
Sources said to BeBeez that United Ventures, an Italian venture capital fund, raised 65 million euros and attracted commitments for 100 million for an early-stage vehicle that set a target of 150 million (see here a previous post by BeBeez). United Ventures will invest in 15-18 European tech firms with tickets of 1 – 8 million.
Giano Capital, a Swiss venture capital that Alberto Chalon and Andreas Wiele launched, said it raised 20 million euros for investing in later stage startups (see here a previous post by BeBeez). Giano set a 50 million (hard cap of 100 million) target for investing in firms with revenues of 30-50 million US Dollars with an above 30% annual growth rate and a leadership position in their market segment.
