Dutch Axelera AI, a scaleup producer of semiconductors for artificial intelligence, attracted more than 250 million US Dollars for its proprietary technology and organic growth from lead investor Innovation Industries Strategic Partners Fund (IISPF, a vehicle that pension funds PMT and PME support), BlackRock, SiteGround Capital, Bitfury, CDP Venture Capital, European Innovation Council Fund, Federal Holding and Investment Company of Belgium (SFPIM), Invest-NL, Samsung Catalyst Fund, and Verve Investments (see here a previous post by BeBeez). Axelera AI raised more than 450 million in equity, debt and grant since Fabrizio del Maffeo (ceo) and Evangelos Eleftheriou (cto) founded the company in 2021. Rogier Ketelaars is an investment manager of Innovations Industries. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Axelera AI 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.
Sinergy Flow, a deep-tech startup for the development of innovative batteries, attracted 7 million euros from lead investor CDP Venture Capital, 360 Capital, Tech4Planet, and French Exergon (see here a previous post by BeBeez). Sinergy Flow retained BonelliErede. Alessandra Cogli (ceo), Gabriele Panzeri (cto) and Matteo Salerno founded Sinergy Flow in 2021. Alessandro Scortecci is the CDP head of direct investments. Lucrezia Lucotti is a partner of 360 Capital. Anna Teyssot is a partner of Exergon. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Sinergy Flow 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
AutoConnexa, part of Connexa InsTech, raised 4.4 million euros from Lumen Ventures, CDP Venture Capital, Crédit Agricole, Club degli Investitori – Simon Fiduciaria, MBSpeedUp (a vehicle of Mediobanca and Founders Factory), Itas Mutua, and Doorway (see here a previous post by BeBeez). AutoConnexa will invest these proceeds in its organic growth. The company attracted above 6 million since Robin Daina founded it in 2020. Davide Fioranelli is a general partner of Lumen. Francesca Ottier heads Italia Venture II of CDP Venture Capital. Andrea Riva is the Crédit Agricole Italia head of Open Innovation. Sergio Brizzo and Giorgio Gorelli are two directors of Club degli Investitori.
Techvisory, a startup provider of AI-based solutions for the development of corporate efficiency that Franco Bernabé (previous 68% owner) heads, attracted 2.5 million euros from undisclosed institutional investors (see here a previous post by BeBeez). The company will invest such proceeds in R&D and M&A. Raimondo Zizza is the ceo and 11.87% shareholder of Techvisory.
Germany’s Proxima Fusion, a developer of nuclear energy plants that ceo Francesco Sciortino, coo Lucio Milanese, Andrea Merlo, Martin Kubie, Jorrit Lion, and Jonathan Schilling founded in 2023, signed an agreement with Free State of Bavaria, RWE and the Max Planck Institute for Plasma Physics (IPP) to bring the world’s first commercial stellarator fusion power plant onto the European grid (see here a previous post by BeBeez). Proxima previously attracted 200 million euros worth investments from CDP Venture Capital, Club degli Investitori and others. Markus Krebber is the ceo of RWE. Sibylle Günter is the scientific director of IPP. Markus Söder is the President of Bavaria. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Proxima Fusion 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
Lazio Region launched FESR 2021–2027, a 15 million euros programme for supporting local deep tech startups that will allocate 3 million for Preseed and 12 million for Technology Transfer Lazio that includes grants, specialist services and mentoring activities (see here a previous post by BeBeez). Companies not older than 36 months or those in the launch phase which must complete the constitution within 45 days from the admission to the grant can apply for Preseed. On 19 March, Thursday, GeCoWEB Plus platform will start to accept applications. Technology Transfer Lazio will support the results of research projects with a high level of technological maturity that passed laboratory tests and are ready for application. The call is open to teams of researchers consisting of at least three people and innovative start-ups of the special section of the Register of Companies. The programme lasts ten months and has three phases: training, business model development and investor support. This is the first of the planned four editions and includes: a 0.04 million prize for the initial phase; a non-repayable grant of up to 0.11 million in support of the final activities and a quasi-equity investment of up to 0.4 million for at least two projects through the TT Venture Lazio fund. The programme will accept applications until 5 June, Friday. Roberta Angelilli is the Councillor for Economic Development of the Lazio Region.
