Bending Spoons, a developer of apps for mobile items, said it raised 155 million US Dollars (144 million euros) in equity and attracted Durable Capital Partners, the investment advisor of Maryland, as new shareholder (see here a previous post by BeBeez). In the last 15 months, Bending Spoons Sale attracted a total of 560 million euros from Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital, StarTIP, and other investors on the ground of a post-money value of 2.55 billion US Dollars. The company will invest such resources in M&A and received assistance from Allen & Company and Clifford Chance. Luca Ferrari, Francesco Patarnello, Matteo Danieli, and Luca Querella founded Bending Spoons in 2013.
Eatable Adventures, a Luxembourg-based foodtech accrelerator, said it launched Europe Foodtech Acceleration Fund I, a vehicle that aims to raise 30 million euros for seed projects (see here a previous post by BeBeez). José Luis Cabañero, the founder and ceo of Eatable Adventures, said to BeBeez that the firm moved from Spain to Luxembourg as it aims to attract the resources of international investors. Eatable Adventures aims to launch an European acceleration programme and is already supporting Spain Foodtech and poured 3.24 million in Italy’s Foodseed (part of Rete Nazionale Acceleratori CDP that launched the vehicle in 2023 with resources of above 15 million – 12 million from CDP Venture Capital, Fondazione Cariverona and UniCredit). Amadori, Cattolica Business Unit di Generali Italia, Axxelera, Veronafiere, and Verona University are further partners of Foodseed. Eatable Adventures poured six million in the following companies:
- Agreen Biosolutions, an Italian provider of solutions for crop protection.
- Agreenet, an Italian provider of biomaterials packaging production.
- Foreverland, an Italian producer of healthy and eco-friendly chocolate.
- Hypesound, an Italian provider of fermentation solution.
- Mmmico, a Spanish AI-based agritech.
- Néboda, a Spanish firm for vertical agricolture.
- Regrowth, and Italian provider Precision Livestock Farming (PLF) solutions.
- Soonapse an Italian provider of precision watering solutions.
- Trusty a blockchain-based provider of solution for agrifood commodity trading.
Daze, an Italian provider of solutions for recharging electric vehicles, raised 15 million euros from CDP Venture Capital and Green Transition, part of the European Union programme NextGeneration EU (see here a previous post by BeBeez). The company also attracted the resources of the European Innovation Council Fund, the Venture Capital Fund of the Italian Ministry of Foreign Affairs that Simest manages, Founders Future, Prana Ventures, and 035 Investimenti. Daze raised part of such resources through a 1.5 million equity crowdfunding campaign on Mamacrowd. Giacomo Zenoni and Andrea Daminelli founded Daze in 2016. The company has sales of 4.3 million.
Cosmico, an Italian startup that allows professionals of the digital sector with companies, acquired Bioss, a provider of solutions for the digital transformation, from Movia, a company with sales of 12.9 million euros, net cash of one million and an ebitda of 7.4 million (see here a previous post by BeBeez). Cosmico aims to carry on further buys. The company received assistance from Growth Capital and Portolano Cavallo. Bioss retained Zangara. Francesco Marino is the ceo and co-founder of Cosmico while Simone Tornabene is the company’s cmo and co-founder.
Cloov, and Italian fashion-tech startup, attracted 0.4 million euros from Giuseppe Stigliano and Axxelera, the investment harm of circular economy firm Innovando (see here a previous post by BeBeez). Chiara Airoldi (coo) and Olimpia Santella (ceo) founded Milan-based Cloov, a company that aims to be compliant with the European Union’s Circular Economy Action Plan, the EU Strategy for Sustainable and Circular Textiles, the Waste Framework Directive, and the European Green Deal.
Towns of Italy Group (TOIG), the experience tour operator, acquired T&T, the Groups & Fit (For Individual Travellers) unit of Torres Travel (see here a previous post by BeBeez). In 2022, CDP Venture Capital paid 5.5 million euros for acquiring 10.49% of TOIG which retained Dgrs, Lca, Gagliano Associati, and Kon Group as advisors for such transaction. Torres Travel hired Francesco Carfora. Alfonso Onda founded TOIg in 2001. The company has sales of 3.5 million, an ebitda of 0.0918 million and net cash of little above 0.455 million.
