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Home COUNTRY ITALY

Italy’s angels & incubators and venture capital weekly roundup. News from Cysero, AVM, NExT, Digit’Ed, HumanAge, Nextalia, and more

Salvatore Brunoby Salvatore Bruno
April 9, 2024
Reading Time: 2 mins read
in ITALY, PRIVATE EQUITY, Uncategorized, VENTURE CAPITAL
Italy’s angels & incubators and venture capital weekly roundup. News from Cysero, AVM, NExT, Digit’Ed, HumanAge, Nextalia, and more
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Cysero, a venture fund that AVM Gestioni manages, invested 1.25 million euros in NExT, an Italian e-mobility company (see here a previous post by BeBeez). Giovanni Barbini assisted NExT while Cysero retained Orrick. In July 2023, NExT signed investment agreement with Paradigma Management Consultancies that committed to pour 2.5 million in the business.

Digit’Ed, the education platform that belongs to Nextalia, acquired HumanAge, an Italian HR-tech startup born in 2020 that is the distributor of the Hogan assessment programmes for recruiting (see here a previous post by BeBeez). Digit’Ed is now the Italian exclusive distributor of Hogan programme. Prior to this sale, HumanAge belonged to the founders Massimo Meroni (55%), Stefano Tirozzi (10%), Daniele Bellinzani (7.5%) while Lex Italia Fiduciaria had 27.5% of the business which has sales of 1.3 million euros, an ebitda in the region of 0.075 million and net cash of above 0.22 million.

Italian startup AmaliaCare, an AI-based elderly care company, raised more than 1 million euros from Personae (an accelerator of CDP Venture Capital), a|impact – Avanzi Etica SICAF EuVECA, SocialFare Seed and the business angel James Tiernan (see here a previous post by BeBeez). Sonia Paonessa and Eliana Pérez founded AmaliaCare in 2020. The company will invest the raised proceeds in its proprietary technology, organic growth and in opening bureaus in Milan and Turin.

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