Cdp Venture Capital sgr launched Boost Innovation, a fund for early-stage startups with resources of 50 million euros that Cdp Equity subscribed (see here a previous post by BeBeez). Lorenzo Franchini will head Boost Innovation. CdpVenture Capital sgr also launched Mobility & Digital Acceleration (MDA) and Motor Valley Accelerator (MVA) (see here a previous post by BeBeez). CDP recently launched Acceleratore Imprese and Digital Xcelerator together with Fondazione di Modena and Unicredit as part of the programme Fondo Acceleratori. MDA and MVA aim to support innovative automotive and mobility startups.
Luxembourg’s Archeide launched Innovazione Italia, a venture capital vehicle with a yield of 8%-10% and a hard cap of 50 million euros for investing in innovative startups in post-seed stage (See here a previous post by BeBeez). Investinit could invest in Innovazione once completed its current equity crowdfunding campaign on WeAreStarting. Archeide also manages Archeide IDROF (Italian Discounted Receivables Opportunities Fund) and Empower Fund. Archeide belongs to the eponymous wealth management firm ot Enrico Caporin, Barbara Galeotti and Fabio Menon.
BizAway raised 2 million euros from lead investor MundiVentures, Riccardo Martinelli and Federico Gonzalez Tejera (see here a previous post by BeBeez). Luca Carlucci and Flavio Del Bianco founded the company in 2015. MundiVentures is a Spanish fund that invests in startups with tickets of 0.5 – 5 million euros. BizAway raised 1 million in 2018 and 2.5 million in February 2020. BizAway has sales of more than 3.5 million and recorded a 300% annual growth. The company will ivnest the proceeds of this last round for setting a bureau in Spanish city Vigo and hiring further HRs.
White Libra closed a 1.2 million euros round (see here a previous post by BeBeez). The company also attracted resources from Vladimiro Carminati, Intesa Sanpaolo which issued a convertible loan and Invitalia that provided a subsidized financing facility and management mentoring. Nicolò Boggian, Michele Zonca, Simona Bertagna, and Carlo Pasotti founded White Libra.
Homes4All, an Italian startup for social housing, aims to raise up to 300k euros through an equity crowdfunding campaign on Lita (see here a previous post by BeBeez). Federico Disegni is the coo of Homes4All. Investors can subscribe Cathegory D tickets worth less than 10,000 euros and decide in December 2024 whether to hold their money in their company or cash their investment at the market value. The subscribers of Cathegory B or C tickets will receive information abouthigh yield real estate opportunities and a liquidation preference (only B). On 1 October, Thursday, Lita joined one of the panels of Milano Finanza Digital Week, an event of Milano Finanza and BeBeez.
Roberto Nicastro and Federico Sforza launched AideXa (fka Progetto Banca Idea), a fintech bank for MSMEs, after having raised seed capital for 45 million euros (See here a previous post by BeBeez). The company attracted the resources of 360 Capital Partners, Bertoldi Holding, Banca Sella,Banca Agricola Popolare di Ragusa, Gruppo Generali, La Scogliera (the holding of the Fürstenberg Family), Banca Ifis, FB5 Investments (the holding of Sergio Bommarito that controls the credit servicer Fire Group), Trento’s ISA, Micheli Associati, and CloseToMedia. Once closed the round, AideXa acquired Fide, a consumer credit company. The bank aims to have 100,000 clients in 5 years from now and achieve the break even point by the next three years. The firm could list.
Gruppo Finservice, part of the invoice financing platform CashMe, launched Bonus Chiaro, a marketplace for tax credits such superbonus, ecobonus and sismabonus (see here a previous post by BeBeez). Marcello Scalmati, the founder of CashMe, said to BeBeez that Finservice signed a partnership with an Italian fund that may pour tax credits worth 50 million euros. A number of fintech marketplaces are born in Italy in the last few months in order to trade fiscal credits relative to real estate energetic requalification.
London-listed Italian fintech Supply@Me Capital, an inventory monetisation firm, signed an agreement with a Shari’a Funding Specialist for launching an Islamic-finance compliant platform together with iMass Investments (See here a previous post by BeBeez). Supply@Me recently signed another partnership with US-based The Trade Advisory. Earlier in March, Supply@Me listed on London Stock Exchange. The company’s market capitalization is of 227.5 million British Pounds for a 26% publicly traded equity. Earlier in October, Supply@Me said that its shareholder aim to acquire an European bank together with an alternative fund.
InfoCert, a certification authority that belongs to Tinexta, and the blockchain platform Algorand signed a partnership for the digital identity (See here a previous post by BeBeez). The companies will implement Algorand Standard Assets (ASA) on DIZME, the digital identity platform of InfoCert’s eTuitus, a spin-off of Salerno University.
Young, an Italian exchange for criptocurrencies and criptoasset, signed a partnership with Viacash (see here a previous post by BeBeez). Young’s clients will be able to top up their exchange at supermarket chains Penny Market and Pam. Andrea Ferrero (ceo) founded Young Platform at the end of 2017 together with Stefan A. Gheban, Samuele Raimondo, Marco Ciarmoli, Andrea Carollo, and Daniele Rinaldi. The company received the incubation support of I3P, part of Turin Polytechnic University. Earlier in May, the company launched a financing round on the ground of an enterprise value of 10 million euros. Young previously raised pre-seed resources from Alba-based entrepreneurs and 0.75 million through an equity crowdfunding campaign on British Seedrs on the ground of an enterprise value of 8.5 million.
