LimoLane, a scaleup that developed a platform for the rental of cars with drivers, attracted 35 million euros from lead investor Cherry Bay Capital Investment Club, Italian Family Offices and FG2 Capital (a growth capital club deal that Fulvio Gregorace and Fabio Luigi Gallucci founded) (see here a previous post by BeBeez). DWF assisted Cherry Bay Capital Group. FNDX and GianniOrigoni supported Limolane. EY-Parthenon advised the investors. LimoLane was born in 2021 out of a partnership of Gellify and a car rental firm. The company has sales of 16 million euros, an ebitda of little above zero, a net financial debt of 0.122 million, and equity of 3 million. The company set a 2024 target of 34 million sales and an above 30% ebitda margin.
Nimbus Capital signed a commitment to invest up to 25 million euros in equity in HUI, a Saas scaleup platform for the analysis and evaluation of strategic KPIs (see here a previous post by BeBeez). As part of the agreement, Luigi Valerio Rinaldi, the founder of HUI, will join the fund in the role of venture partner. HUI will invest these resources in its sales and marketing activities in the United States, Latin America, Africa and the Far East. HUI wants to pursue an IPO on a European stock market and thus become the world’s first listed all-in-one VC 3.0 platform.
Exein, a Rome-based cybersecurity scaleup, announced the closing of a 15 million euros Series B investment round, that 33N led (see here a previous post by BeBeez). The company also attracted the resources of Partech, United Ventures, eCAPITAL and Future Industry Ventures (a vehicle that Redstone and SBI Group promoted). BonelliErede advised Exein. Orrick and Morais Leitaio advised 33N. Gianni Cuozzo (ceo) founded Exein in July 2018.
BionIT Labs, an Italian medtech startup, closed a 5.5 million euros investment round for a total of 12 million raised since its birth in 2018 (see here a previous post by BeBeez). The company attracted the resources of CDP Venture Capital, Fondo RIF – Equiter, Sefea Impact, Simest, and Fondazione Enea Tech e Biomedical. EY Studio Legale Tributario assisted BionIT. RPLT supported Sefea Impact while the other investors received support from Alma LED.
Petrone Group, an Italian dairy company, hired AC Finance for raising 5 million euros through a club deal (see here a previous post by BeBeez). Vincenzo Petrone, the company’s founder and ceo, said to BeBeez that he will invest such resources in opening by April 2025 a smart production plant in an iconic villa in Ravello and in setting other hubs in New York, Los Angeles, Miami, London, Paris, Dubai, and Sydney. Petrone Group owns a copyright worth 8 million for the production of cheese.
Brembo Ventures invested 1 million euros in Spoke Safety, an US-based startup specializing in the development of digital communication technologies between vehicles and the roadway ecosystem, and acquired an undisclosed stake (see here a previous post by BeBeez). Spoke Safety was born in 2020, in Denver, Colorado, and develops solutions with Vehicle-to-Everything (V2X) technology, a communication system that connects vehicles with other vehicles, road users, including cyclists, and smart city infrastructures, such as traffic lights, in real time, with the goal of improving the driving experience and fostering greater road safety. Daniele Schillaci is the chief executive officer of Brembo.
Nextalia Ventures (NV) reached its hard cap target of 150 million euros in six months (see here a previous post by BeBeez). Nextalia, the holding company of Francesco Canzonieri, has now come to manage assets of nearly 1.3 billion. NV’s investment strategy will focus on technology startups and scaleups in the early growth and mid-growth stages, active in Italy, Europe (including the United Kingdom) and the United States operating in B2B software and services, with a focus on the fintech, insurtech, edtech, agritech and healthtech sectors. NV raised 30% subscriptions from Italian banking and insurance groups, another 30% from family offices and entrepreneurs (including Nextalia’s commitment), and the remaining 40% from pension funds and institutional investors, such as CDP Venture Capital. Nextalia received assistance from Giovannelli e Associati and Gatti Pavesi Bianchi Ludovici.
Qaplà, an ecommerce and post-shipment marketing software, acquired Transactionale, the SaaS platform that Flyer Tech developed for the enablement of cross-advertising campaigns with other related, non-competing shops (see here a previous post by BeBeez). Lead investor BlackSheep MadTech Fund closed a 5 million euros Series A round that the buyer launched In October 2023. Luca Cassia and Roberto Fumarola founded Qaplà in 2014 and received support from Florence-based accelerator Nana Bianca.
Atlas, an investment vehicle of Aurum (75.02%), IBL Banca (19.99%) and Miro Ventures (4.99%), raised 25 million euros for Atlas AI VB Fund I, a venture capital fund focused on startups active in the artificial intelligence and cybersecurity sectors, and Atlas PMI Destinazione Futuro, a private debt fund investing in Italian SMEs (see here a previous post by BeBeez). Alessandro Messina, CEO of Atlas and a member of the investment committees in both funds, said the company can begin investing with both vehicles.
Fluid Wire Robotics attracted 0.8 million euros from RoboIT (a vehicle of CDP Venture Capital, Pariter Partners, Scientifica Venture Capital, and Pariter Robotics) (see here a previous post by BeBeez). The company will invest such resources in its organic growth.
Cosmico, a startup that connects providers of digital services with clients, acquired 55% of Flatmates, an agency for influencers marketing and editorial contents, from even owners Marcello Ascani and Gummy Industries (see here a previous post by BeBeez). Cosmico said to BeBeez that the transaction is worth more than 2 million euros (cash and swap shares). The co-ceos and co-founders Ascani and Michele Pagani will keep a minority of Flatmates and their operative roles. Cosmico received assistance from Growth Capital and Portolano Cavallo. Flatmates retained Pavia Ansaldo.
