Download here the BeBeez Venture 2024 Capital Report available for the subscribers to BeBeez News Premium and BeBeez Private Data.
Italian mobile apps developer Bending Spoons, a company that Francesco Patarnello, Luca Ferrari, Matteo Danieli, and Luca Querella founded, attracted a 500 million euros di venture debt facility from JPMorgan, BNP Paribas, Crédit Agricole, Banco BPM, Bank of America, Barclays, Goldman Sachs, HSBC, Intesa Sanpaolo, Mizuho, Société Générale, and Wells Fargo (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Bending Spoons and its investors. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Commonwealth Fusion Systems (CFS), an US nuclear energy scale-up that developed the proprietary technology SPARC, secured Series B2 round of 863 million US Dollars and attracted the resources of several investors including Neva (part of Intesa SanPaolo) and Milan-listed energy giant ENI (see here a previous post by BeBeez). CFS will invest such proceeds in completing the construction of SPARC, a nuclear energy reactor that the company is assembling in its facility in Devens, Massachusetts, USA. Market rumours say that once secured such resource, CFS post-money value will amount to 8 billion. Further to NEVA’s the company also attracted the resources of Brevan Howard Macro Venture Fund; Counterpoint Global (Morgan Stanley); Stanley Druckenmiller; FFA Private Bank (Dubai) Ltd.; Galaxy Interactive, a venture capital of Nasdaq-listed Galaxy Digital Inc; Gigascale Capital; HOF Capital; NVentures, the venture capital arm of Nasdaq-listed NVIDIA; Planet First Partners; Woori Venture Partners US. CFS also received money from MITSUI & CO. and Mitsubishi Corp that led a consortium of 12 Japanese companies such as Development Bank of Japan Inc, Fujikura Ltd, JERA Co Inc, JGC JAPAN Corp, Mitsui Fudosan Co Ltd, Mitsui OSK Lines Ltd, NTT Inc, Sumitomo Mitsui Banking Corp, Sumitomo Mitsui Trust Bank Ltd, and The Kansai Electric Power Co Inc. Milan-listed ENI, Breakthrough Energy Ventures; Emerson Collective; Future Ventures; Gates Frontier; Google; Hostplus Superannuation Fund; Khosla Ventures; Lowercarbon Capital; Safar Partners; Eric Schmidt; Starlight Ventures; Tiger Global; and other existing investors increased their stakes in CFS. Mario Costantini is the ceo of Neva. Clara Andreoletti is the ceo of ENI Next. In 2018, Bob Mumgaard (ceo), Brandon Sorbom, Dan Brunner, and Zach Hartwig funded CFS with a spin off from Massachusetts Institute of Technology (MIT) and since thenraised 3 billion US Dollars.
Italian packaging B-corp AlterEco Pulp secured a seed round of 3.5 million euros that Eureka! Venture, Azimut Eltif – Venture Capital ALIcrowd and Open Venture Tivoli joined (see here a previous post by BeBeez). CDP Venture Capital also converted in equity a 0.4 million investment that made in 2023. The Corazzi Family founded the company in 2022. AlterEco belongs to MC3 Holding (56.91%), Gianmarco Paronitti (24.39%), Franco Perone (9.35%), Bernardo Corradi (4.67%), and Stefano Giansanti (4.67%). Anna Amati is a partner of Eureka! BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Eureka!, ALIcrowd and their 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
Sapori Artigianali, the owner of ODSstore, ODS Sweet Hotel & Restaurant and Italian franchisee of KFC (Kentucky Fried Chicken), retained CDR Tax & Legal for acquiring 33% of Italian food startup LuMo, a vendor of japanese pankakes with the brand Panfuwa (see here a previous post by BeBeez). Luca Bertoloni (previously 51% owner) and Mohammed El Kanaldi (49%) founded LuMo in 2023.
Maxi Mobility, an Italian automotive startup, attracted seed resources worth 1.2 million euros from angel investors, UniCredit and Motor Valley Accelerator, a programme of CDP Venture Capital in qhich invested Plug and Play Tech Center, UniCredit, and Fondazione di Modena (see here a previous post by BeBeez). The company will invest such resources in its organic growth. Gian Paolo Incutti founded Maxi Mobility in 2021. Enrico Dente is a director of Motor Valley Accelerator and Plug and Play. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Motor Valley Accelerator 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
Italian medtech Oraigo attracted one million euros for its organic growth from a club deal of undisclosed investors (see here a previous post by BeBeez). Michele Galetta, Nicola Rizzato and Paolo Corgnati founded Oraigo in 2019
NablaFlow, a Norway’s SaaS firm for aerodinamics that Luca Oggiano (ceo), Knut Erik Gijlarhus (cro) and Siri Kalvig founded in 2018, attracted 1.1 million euros for its organic growth from Motor Valley Accelerator, Artec Holding and other investors (see here a previous post by BeBeez). The company previously attracted 0.5 million from Nordic Asian Venture Alliance. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Motor Valley Accelerator 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
Italian Founders Fund (IFF) raised a total of 90 million euros after having attractged 35 million from CDP Venture Capital (see here a previous post by BeBeez). Koinos Capital, a firm that Marco Morgese Francesco Fumagalli, Marco Airoldi, and Beppe Fumagalli founded in 2020, launched IFF in 2024 for leading pre-seed and seed investments in innovative startup with Italian founders and foreign companies that aim to grow in Italy. IFF aims to close 25 deals with tickets of 0.5 – 1.5 million and raise a further 25 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Italian Founders Fund 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
Contentsquare, a digital analysis provider that in 2018 also attracted the resources of H14 (the family office of Luigi Berlusconi), said it signed a final agreement for acquiring Loris.AI (see here a previous post by BeBeez). Jonathan Cherki founded Contentsquare in 2018 and since then raised 1.4 billion US Dollars from Sixth Street Growth, Bpifrance, Canaan, Eurazeo, Highland Europe, KKR, LionTree, SoftBank Vision Fund 2, BlackRock, and other investors. The company also attracted credit facilities from BNP Paribas, Crédit Agricole Cib, Goldman Sachs, JPMorgan, and Société Générale. Loris.AI, a Tel Aviv and New York company that Etie Hertz founded in 2019, previously attracted the resources of Bow Capital, ServiceNow Ventures, Floodgate, Vertex Ventures, and Jeff Weiner.
