BeDimensional, an Italian deeptech scaleup for advanced materials that Vittorio Pellegrini, Francesco Bonaccorso and Andrea Gamucci founded in 2016 through a spin-off of Graphene Labs, part of Istituto Italiano di Tecnologia di Genova, attracted a 20 million euros venture debt facility from the EIB (European Investment Bank) (see here a previous post by BeBeez). The company also raised 5 million in equity from ENI Next (the corporate venture capital of Milan-listed ENI), CDP Venture Capital, Eureka! Venture, NovaCapital, and Pellan Italia. BeDimensional belongs to Pellan Italia (39.17%), Bonaccorso (12.67%), Pellegrini (12.67%), Gamucci (3.62%), CDP Venture Capital (10.62%), Eureka! Venture (3.62%), Novacapital (6.37%), and Eni Next (4.25%). The company will invest the raised proceeds in the construction of a plant for the production of Few-Layer Graphene – FLG and Few-Layer Hexagonal Boron Nitride –FLB. Bedimensional has sales of 1.8 million with an ebitda of minus 3.2 million, equity of 9.4 million and net cash of 2.9 million. BeDimensional and its investors are firms that BeBeez Private Data, the private capital database of BeBeez and FSI, monitors. Find out here how to subscribe for one month or one year
Indaco Ventures I – Parallel Lombardia, a vehicle that, as BeBeez reported in October 2023, attracted a 14.6 million euros worth commitment from Lombardia Venture, invested 2 million in WISE, an Italian medtech startup, and 0.8 million in Tethis, a nanotechnology company (see here a previous post by BeBeez). The latter also attracted the resources of Indaco Ventures. Earlier in July, WISE launched a 25 million round for raising equity and venture debt from the European Investment BanK (EIB) for the development of drugs and medical devices. Tethis also attracted the resources of Genextra.
MicroLub, an UK food startup, attracted seed resources worth 4.2 million euros from lead investor Northern Gritstone, Liftt and NPIF II – Praetura Equity Finance (see here a previous post by BeBeez). Duncan Johnson is the company’s ceo.
Axyon AI, an Italian fintech that provided asset managers with forecasting solutions, attracted 2.1 million euros from Green Sands Equity, Investment Opportunity 1 and other angel investors and closed the 6 million round that launched in December 2023 (see here a previous post by BeBeez). Daniele Grassi, Giacomo Barigazzi and Jacopo Credi founded Axyon AI in 2016 and will investu the raised proceeds in the company’s organic development. Axyon AI is a company that BeBeez Private Data, the private capital database of BeBeez and FSI, monitors. Find out here how to subscribe for one month or one year
Rewind Turbine, an Italian startup for the production of wind turbines that Claudio Spadacini founded in 2023, attracted the resources of Massimo Moratti sapa (one million euros), Finice (the holding of Alessandro Maroli and Franca Marinoni – 0.25 million), Altair (0.25 million), and DBEfin (0.25 million), said a statement that the company’s founder released for the records of Milan Chamber of Commerce available for the subscribers to BeBeez News Premium and BeBeez Private Data (see here a previous post by BeBeez). GVA also invested an undisclosed ticket in Rewind which retained LCA and Bc&. Massimo Moratti sapa received assistance from Starclex while Dbefin hired Ipg Lex&Tax. Rsnotai di Milano acted as public notary. Pietro Cerboni heads Rewind Turbine which will invest such proceeds in its organic development.
Stema, a platform for supporting the engineers’ careers, attracted 1.6 million euros from United Ventures vehicles UV III Lombardia and UV III Lombardia in which invested Lombardia Venture (see here a previous post by BeBeez). Eden Ventures, Club degli Investitori and Octopus Ventures also joined this investment round of Stema, a company that Vito Lomele, Davide Bodini (ceo) and Matteo Gambera (cto) founded founded in 2022. The company is currently developing a B2B solution for the recruiting of STEM human resources and will invest the raised proceeds in its proprietary technology, organic development and expansion in Germany. United Ventures and its portfolio companies are firms that BeBeez Private Data, the private capital database of BeBeez and FSI, monitors. Find out here how to subscribe for one month or one year
Strategic Management Partners acquired the majority of Peekaboo, a startup incubator that is active in Italy since 2016, from Paolo Napolitano (41.6% – ceo), Federico Belli (37.6%), Francesco Campaniello (14.5%), and other minority shareholders (see here a previous post by BeBeez). The startups that the target supported raised a total of 10 million euros. Peekaboo has sales in the region of 0.2 million, an ebitda of minus 8,000 euros, net cash of above 0.09 million and equity of 0.185 million. Strategic Management Partners belongs to Luigi Riva (64%) and Giampietro Paraboni (36%) and has sales of 10.9 million, an ebitda of 0.557 million, net cash of 0.32 million, and equity of above 0.88 million.
French startup Otoqi, a car fleet management company, raised 10 million euros (16 million since its birth in 2016) from CDP Venture Capital, Swiss Post Ventures, Seventure, Aster Capital, and Verve Ventures (see here a previous post by BeBeez). Fabio Lancellotti is a partner of Aster. CDP Venture will invest in Otogi Italia through its Digital Transition Fund Pnrr, a vehicle that menages the resources of the National Plan for Resilience and Recovery. CDP Venture retained Qlt Law & Tax and Squair. Otoqi received assistance from Cohen & Gresser.
