Italian tech scaleup iGenius aims to raise 650 million euros on the ground of a pre-money value of 1.05 billion euros and a post-money value of 1.7 billion (see here a previous post by BeBeez). The company already attracted the resources of Angel Capital Management and Eurizon Asset Management while CDP Venture Capital is assessing the dossier. Uljan Sharka (ceo) founded iGenius in 2020 and in 2022 raised 10 million from Nova Capital and 3 million from BlackSheep Madtech Fund. The company will invest such resources in R&D. See here the BeBeez Insight View about AI available for the subscribers to BeBeez News Premium and BeBeez Private Data.
The 100 million US Dollars Series E round of Nozomi Networks, an Italian-American cyber security firm based in San Francisco that Andrea Carcano (CPO) and Moreno Carullo (CTO), attracted 11 million from CDP Large Ventures (see here a previous post by BeBeez). Nozomi also received money from Mitsubishi Electric and Schneider Electric. The company will invest such resources in R&D and its organic development. Agostino Scornajenchi is the ceo and coo of CDP Venture Capital.
Banca AideXa, an Italian fintech bank for MSMEs that Roberto Nicastro and Federico Sforza founded, raised 16 million euros (96 million since its foundation) and attracted the resources of Confcommercio‘s subsidiary Axiter (see here a previous post by BeBeez). AideXa will invest such resources in the achievement of its 2024 targets of 700 million in credits, 30 million turnover and break-even by year end.
Smart Spill, an Italian producer of ready-to-drink (RTD) cocktail kegs, raised undisclosed pre – seed resources (see here a previous post by BeBeez). The company attracted the resources of Jacopo Longhi Vienna, Vesper Holding, Power Capital, and Mario Chiesa Visconti. BonelliErede acted as deal counsel. Ales Cambareri, Giorgio Caccia and Lorenzo La Russa founded Smart Spill in 2023 and said to BeBeez that the company aims to consolidate its presence in Italy and Europe.
Paris-listed NHOA (fka Engie EPS), a global player for the e-mobility energy that was born as a spin-off of Milan and Turin Polytechnic University, attracted the delisting offer of TCC Group Holdings Co (fka Taiwan Cement Corporation) (see here a previous post by BeBeez). TCC Group already owns 88.87% of NHOA will launch a 1.10 euros per share offer. In 2018, Engie acquired NHOA on the ground of an enterprise value of 100 million euros.
Recuperiamo Società Benefit, an Italian circular economy company , raised 0.41 million euros from SICI (0.25 million), Impact Hub (0.05 million), XEquity Venture Club (0.05 million), and private investors (0.06 million) (see here a previous post by BeBeez). Earlier this year, Recuperaiamo raised 01.4 million (above the 0.1 million target) through an equity crowdfunding campaign on WeAreStarting. Marco Raspati and Paolo Rellini founded the company in 2016 and will invest such proceeds in the business international expansion and organic growth.
AVM Gestioni – Gestore EuVECA Società Benefit, a firm that Giovanna Dossena created, launched MUSA, a platform for supporting startups through a network of entrepreneurs and professionals (see here a previous post by BeBeez).
On 1 August, Thrusday, it will expire the deadline for joining StartCup 2024, a competition for startups that the Lombardy Universities launched with Regione Lombardia – Direzione Generale Sviluppo Economico and the ecosystem MUSA (Multilayered Urban Sustainability Action) (see here a previous post by BeBeez). The best projects for ICT & Services, Industrial Technologies, Life Science & MedTech, and CleanTech & Energy will get a 0.15 million reward and a warranty of up to 0.25 million for equity crowdfunding campaigns on Opstart. On 18 September, Wednesday, the jurors will carry on a short list of projects ahead of the semi-final on 25 September, Thursday, and the final on 23 October, Wednesday.
