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Home COUNTRY ITALY

Italy’s angels & incubators and venture capital weekly roundup. News from Avaneidi, United Ventures, Tapp, tabUI, Terna, Unusuals, and more

Salvatore Brunoby Salvatore Bruno
June 25, 2024
Reading Time: 3 mins read
in ITALY, VENTURE CAPITAL
Italy’s angels & incubators and venture capital weekly roundup. News from Avaneidi, United Ventures, Tapp, tabUI, Terna, Unusuals, and more
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Avaneidi, a provider of corporate data storage solutions that 14.48% owner Rino Micheloni founded, attracted 8 million euros from United Ventures (see here a previous post by BeBeez). Avaneidi also belongs to Sabrina Barbato (48.99%), United Ventures (16.35%), Valter Renzini (6.27%), Antonietta Porfiri (5.86%), and other minority shareholders.

Tapp, the owner of high-end tourism app tabUi that Giorgio Proglio founded in 2019, launched a 5 million euros investment round that attracted the resources of Egle Sebaste, Marco Costamagna, Alberto Biraghi, and Enrico Galleano (see here a previous post by BeBeez). In 2021, the company raised 0.3 million through an equity crowdfunding campaign on BacktoWork (target of 0.1 million) on the ground of a pre-money value of 1.2 million and a post-money figure of 1.5 million. Proglio said to BeBeez that the company aims to generate sales of more than 15 million by 2028 and will invest the raised proceeds in the organic development of tabUi.

Spain’s Unusuals, a provider of AI-based services for the maintenance of electric energy and railways grids that Mario Fernandez Marin and Norberto González Díaz founded in 2016, attracted one million euros from Elewit, the corporate venture capital of Redeia, and Terna Forward which received assistance from LCA Studio Legale (see here a previous post by BeBeez). Elewit hired Garrigues while Youandlaw assisted Unusuals which will invest such proceeds in its international expansion. Massimiliano Garri, the executive vice president of Innovation and Market Solutions of Milan-listed Terna, heads Terna Forward.

Brandplane, an Italian AI-based martech, raised 0.46 million euros from StyleIT (an accelerator for the fashiontech sector that CDP Venture Capital, Startupbootcamp and Gellify created), CDP Venture Capital, Happily , 101 Holding, and Vaben Holding (see here a previous post by BeBeez). Marta Basso and Emanuele Bartolesi founded Brandplane. The company will invest the raised proceeds in its organic development.

Gellify said it acquired 51% of Spain’s NOBA Ventures – the Business Prototyping Company, an Innovation Factory that has a strategic branch in the Middle East (see here a previous post by BeBeez). Gellify received assistance from Gianni & Origoni and Studio Garrigues. NOBA Ventures retained Dcode Legal Advisor. The target has sales in the region of 2.1 million euros. Francesco Ferri is the ceo of Gellify.

The Italian accelerators network of Le Village by CA, part of Crédit Agricole, mulls for the launch Call4Startup Business Matching (see here a previous post by BeBeez). The deadline for applications is 10 July, Wednesday, and is open to startups that are active from less than 5 years and operate in the fields of Innovative HR, Artificial intelligence, circular economy, and sustainability. The call will shortlist up to 20 startups for each sector and allow them to business matching sessions with the corporate partners of Le Village by CA Italia.

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Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

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June 6, 2023

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