Singapore’s Silicon Box, a scaleup for the semiconductor advanced packaging, will invest 3.2 billion euros for a production plant in the North of Italy (see here a previous post by BeBeez). Byung Joon Han (ceo), Sehat Sutardja and Weili Dai founded Slicon Box in 2021 . The plant will manufacture chiplet.
CDP Venture Capital will invest one billion eurso in the artificial intelligence sector, Italian prime minister Giorgia Meloni said (see here a previous post by BeBeez). Meloni said that such a decision could act as a multiplier for further investments.
Earlier in February, Italian proptech scaleup Casavo fetched 19.5 million euros through the issuance of hybride debt instruments (see here the hybrid instruments prospect available for the subscribers to BeBeez News Premium and BeBeez Private Data) (see here a previous post by BeBeez). Giorgio Tinacci is the ceo of the company taht in 2022 generated sales of 215 million, an ebitda of minus 28.8 million, net cash of 55 millioni, and equity of 65.6 million. The main investors in these hybrid instruments are Unicredit (5 million), Exor (3.9 million), Project A Opportunities III (2.5 million), Neva (2 million), and RSI SCS Sicav RAIF. Investors may convert in equity (10.9%) such instriments if Casavo launches an equity investment round of at least 20 million, carries on a listing, sells the business or assets del capitale. Casavo main shareholders are Exor (19.3%), Greenoaks Capital (11.78%), Picus Capital (10.87%), and Project A Ventures (9.29%). The firm will invest such proceeds in its strategic change and relaunch.
This Unique, an Italian startup for ladies wellbeing at work, received a 0.5 million euros round bridge from Ulixes Capital Partners which received the support of Moonstone and Longevity Life Holding, sources said to BeBeez (see here a previous post by BeBeez). The company will invest such resources in its organic growth. BLB Studio Legale assisted Ulixes Capital Partners. In March 2022, This Unique attracted 0.7 million seed resources from Luiss Alumni 4 Growth (LA4G), LVenture Group, Maire Investments, and BHolding while Italian fintech Viceversa provided a financing facility.
