Arduino, a Swiss scaleup producer of open source cards, raised 20 million euros from CDP Venture Capital vehicle Large Ventures, Anzu Partners and Arm, a semiconductors maker (see here a previous post by BeBeez). In June 2022, Arduino raised 32 million US Dollars from Robert Bosch Venture Capital (RBVC), Japan’s Renesas Electronics Corporation, Anzu Partners, and Arm. David Cuartielles, David Mellis, Gianluca Martino, Massimo Banzi, and Tom Igoe founded Arduino in 2005.
The Yellow Train, the kindergarden player that owns the brand Becoming Education, launched a 10 million euros capital increase and already raised 5 million (see here a previous post by BeBeez). De Lorenzi Miccichè Scalera Spada assisted the company which attracted the resources of its chairman Antonio Salvo, FG2 Capital, Paolo Colonna, Altair, Viris, Flavus, and Cerfin. FG2 Capital retained LMCR. Becoming Education was born in April 2021 and received a 4.1 million support from a club deal.
Fire Investment, an Italian fintech, raised 0.15 million euros from Archangel AdVenture (see here a previous post by BeBeez). Luigi Mastromauro founded Fire in 2022. Ciro Di Carluccio heads Archangel AdVenture.
QuantaBrain (Quantitative Analysis of Brain), an Italian medtech company, said it colosed its first financing round and that attracted the resources of Scientifica Venture Capital (SVC) without disclosing further details (see here a previous post by BeBeez). Sources said to BeBeez that the company will invest such proceeds in the development of a minimum viable product (mvp) and that it signed a SAFE (Simple Agreement for Future Equity) contract with SVC. The investor will receive shares of QuantaBrain if it will attract new shareholders. Elisa Ferrari (ceo), Hannah Teichmann, Alessandra Retico, Alessandro Cellerino, Davide Bacciu, and MedRA founded the company in 2022. L&B Partners Avvocati Associati assisted Scientifica Venture Capital while Francesco Pezcoller advised the startup.
MITO Technology, a company that Francesco De Michelis (ceo) and Massimiliano Granieri founded in 2009, are working on the launch of a venture capital fund compliant with article 9 SFDR (see here a previous post by BeBeez). Calvo said to BeBeez Magazine that the fund will focus on investments aimed at reducing Co2 emissions and that it already attracted the interest of Italian and international institutional investors.
Andrea Colombo, formerly ceo of Sezamo.it and managing director of Coop Lombardia, is the new chief executive officer of Cortilia, an Italian foodtech born in 2011 (see here a previous post by BeBeez). The company appointed Antonella Beltrame as chairwoman. The managers will replace Marco Porcaro who resigned as Cortilia’s ceo and chairman.
