Download here the BeBeez Venture 2024 Capital Report available for the subscribers to BeBeez News Premium and BeBeez Private Data.
BeBeez is the media partner of Business Angel Golf Association for the participants to the Italian ecosystem for innovation that will begin on 20 May, Tuesday, at Golf Club Monticello (Como area). The first match will be with 18 holes stableford and shotgun starting. The second match will take place on 16 September at Golf Club Varese. Ventive, Studio Arlati Ghislandi, Letzfair and Glinters are the main sponsors of the first match after which the participants will have the opportunity to meet selected startups. For further details write to info@baga.golf
Angelini ventures, the corporate venture capital of Angelini Industries for biotech and digital health investments, said it led the 39 million US Dollars extension of the Series A round (previous tranche worth 36 million) of Therini Bio, a California-based startup in clinical phase developing immunotherapies for neuroinflammation in vascular dysfunction diseases (see here a previous post by BeBeez). The extension also attracted the resources of Apollo Health Ventures. Therini raised a total of 75 million from SV Health Investors’ Biotech Fund, Dementia Discovery Fund, MRL Ventures Fund, Sanofi Ventures, Eli Lilly and Company, Dolby Family Ventures, and Foundation for a Better World. Therini will invest the raised proceeds in its patents and organic growth. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Angelini Ventures and its Italian portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Italian venture capital italiano P101 sold Civitfun Hospitality, a Spanish scaleup software publisher for online hotels check-in that acquired in March 2022 through Programma 102 , to Madrid-listed traveltech HBX Group which aims to accelerate the deployment of data-driven management models in the hotel sector (see here a previous post by BeBeez). Mariano de Oleza, Germán March and Javier Gómez founded Majorca-based Civitfun which in 2022, also attracted the resources of Italia 500, a vehicle that P101 manages on behalf of Azimut Libera Impresa. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Angelini Ventures and its Italian portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
On 19 May, Monday, Abbrevia said it acquired Cheope Risk Management from Maurizio Lori and Sonia Sali which reinvested for a minority of the buyer and kept their management roles (see here a previous post by BeBeez). Volksbank financed the transaction. Antonello Carlucci and Cosimo Cordaro act as chairman and ceo of Abbrevia, whose majority belongs to Innovative – RFK (i-RFK) since October 2023. The company retained EY and Grimaldi Alliance. Cheope received assistance from Studio Gatti Pavesi Bianchi Ludovici and Studio Lori e Associati. Cheope Risk has sales in the region of 4.1 million euros with an ebitda in the region of 0.47 million and net cash of 0.755 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Innovative – RFK and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Genius4U, an Italian digital platform for corporate wellbeing that ceo Fabio Zini created, said it secured a one million euros financing round that attracted the resources of Italian B-Corp UpDay, part of Upcoop; Open Venture and Personae, an accelerator of CDP Venture Capital and a|impact – Avanzi Etica SICAF EuVECA; SocialFare Seed, and Fondazione Italiana Accenture ETS (see here a previous post by BeBeez). Genius4U will invest the raised proceeds in its proprietary technology and organic growth.