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Milan-listed Banca Ifis is holding talks for acquiring wealth-tech Euclidea for creating a private banking platform (see here a previous post by BeBeez). In 2015, Roberto Condulmari (14.1% owner), Luca Valaguzza (5.7%) and Giovanni Folgori founded the target which has more than 400 million euros of assets under management and above 2000 HNWIs clients. Further shareholders of Euclidea are Micheli Associati (7.1%), Società fiduciaria e di revisione italo tedesca (18.5%), Luchi Fiduciaria (14.1%), and other minority investors.
Resilco, an Italian B-Corp for the industrial waste management sector, secured a Series A round of 5 million euros that 360 Capital’s climate tech fund 360 Life led (see here a previous post by BeBeez). The company also attracted the resources of Fondo Parallelo LV 360 and Tech4Planet – CDP Venture Capital. Resilco retained Pavia e Ansaldo and will invest such proceeds in its organic growth and proprietary technology. K&L Gates assisted 360 Capital. Milan-listed A2A and CDP are the anchor investors of 360 life that raised 140 million ahead of a 200 million target. David Callejo Munoz (ceo) founded Resilco in 2019 with Paolo Brazzo (Head of R&D), Alessandro Panza (Head of Engineering) and Marta Cecilia Pigazzini (Head of Business Development). Alessandro Zaccaria is a partner of 360 Capital while Claudia Pingue is the head of Technology Transfer – CDP Venture Capital.
Brum, part of Gruppo OneDay attracted 3.5 million euros from Italian Founders Fund and further private investors (see here a previous post by BeBeez). Brum Education aims to digitizing the procedure for getting the driving licence and since its birth it raised a total of 4.1 million. Luca Cozzarini is one of the company’s founders.
Cyberating, a startup for appraising the firms exposure to cyberattacks, attracted pre-seed resources of 1.85 million euros from lead investor and exclusive financial advisor FNDX and others (see here a previous post by BeBeez). Gianni & Origoni acted as transaction counsel. Stefano Fratepietro, Paolo Ballanti, Fabio Cassanelli,Luigi Perrone, and Niccolò Baldi founded Cyberating that will invest the raised proceeds in its organic growth and proprietary technology.
Bevy, an e-grocery that Bevi Friendly Technologies developed, attracted 2.5 million euros from Linfa, a vehicle that Riello Investimenti manages, FoodLabs and business angels (see here a previous post by BeBeez). Federica Lettieri (23.62% owner) and Hendrik Wawers (23.62%) founded Bevy in 2022. The company will invest the raised proceeds in its proprietary technology. Mauro Odorico is a partner of Linfa.
Primo Climate, part of Primo Capital (fka Primo Venture), attracted commitments worth 45.5 million euros ahead of a final target of 60 million as pension fund Fon.TE poured 5 million (see here a previous post by BeBeez). In July 2024, the vehicle reached a 40 million closing and Fondo di Fondi VenturItaly and Green Transition Fund-PNRR (which uses the resources of NextGeneration EU), two funds that CDP Venture Capital manages, acted as anchor investors. Maurizio Grifoni is the chairman of Fon.TE. Ezio Ravaccia, Giusy Cannone and Simone Molteni manage Primo Climate.
Italy’s Bending Spoons acquired komoot, a German platform for planning and tracking outdoor activities that has 45 million users (see here a previous post by BeBeez). Freshfields, EY Advisory, JP Morgan, and Intesa Sanpaolo assisted Bending Spoons. KRW Schindler, Outdoor Secondary, MBG Beteiligungsges, Berlin-Brandenburg, and LP Capital (Liquid Partners) previously invested in komoot which retained Perella Weinberg Partners and Osborne Clarke. Luca Ferrari (ceo), Francesco Patarnello, Matteo Danieli, and Luca Querella are the founders of Bending Spoons of which they own 48% with 66% voting rights. NB Renaissance, StarTip – Tamburi Investment Partners, Nuo Capital, Cox Enterprises, Durable Capital Partners, Highland Europe, and Baillie Gifford are further shareholders of the company.
