Italy’s proptech Casavo raised 50 million euros from leading investor Exor Seeds, an unit of Milan listed Exor, the holding of the AgnelliFamily (see here a previous post by BeBeez). Casavo also attracted the resources of Greenoaks Capital, Project A Ventures, 360 Capital, Picus Capital, P101, Italia 500 of Azimut Libera Impresa, and Bonsai Partners. The company will finance the growth of its real estate portfolio with a 150 million euro partly paid securitization that Goldman Sachs committeed to subscribe (see here a previous article by BeBeez).
Contents (fka Entire Digital Publishing), an Italian startup that provides AI tools for the publishing sector, raised 5 million euros from Synergo Capital, B-Heroes and Invictus Capital which already invested in the company in 2020 (See here a previous post by BeBeez). Invictus Capital is born out of a partnership that European Investment Fund(EIF) signed withCassa depositi e prestiti (Cdp) and Chalon part of Fondo Caravella, the Italian unit of the European Angels Fund. Massimiliano Squillace founded the company in 2017.
Xtra, a New York-based global platform for fitness training, raised 0.6 million euros from private investors and family offices on the grounf of an enterprise value of 5 million (See here a previous post by BeBeez). Michelangelo and Pierangelo Raiola, the company’s founders, said to BeBeez that they aim to raise at least 20 million with the next round.
Cubbit, a provider of distributed cloud technology, raised 1.25 million euros from Cdp Venture Capital (750k euros) and other investors (see here a previous post by BeBeez). Earlier in December the company attracted the resources of Swarm Angels (650k), Azimut Libera Impresa (500k) and Gellify Digital Investment (250k).
Mogu, an Italian producer of eco-friendly furniture, raised 1.1 million euros from Progress Tech Transfer (lead investor) and Riso Gallo, an Italian rice producer (see here a previous post by BeBeez). Maurizio Montalti founded Mogu in 2015.
Italian proptech Reviva raised 250k euros from Marco Franchi, other private investors and Giampiero Pelle who will join the founders Ivano De Natale and Giulio Licenza (see here a previous post by BeBeez). Reviva refused the offer from an undisclosed venture capital fund because it was not in line with the startup vision. The company will invest the raised proceeds in launching Immobiliallasta.it, a platform for the auction of real estate assets and expanding its activities in France and Spain where the Npls market is worth 300 billion euros.
Ricehouse, a company that produces items for the green building sector out of the waste materials of the rice production, raised 600k euros from Boost Heroes, Impact Hub, a|impact (Avanzi Etica Sicaf – Etica), Riso Gallo, Jean-Sébastien Decaux, Angels4Impact, and Angels4Women (see here a previous post by BeBeez). Tiziana Monterisi (ceo) and Alessio Colombo founded Ricehouse in 2016.
IAG Index, an appraisal tool for the startups ecosystem that Italian Angels for Growth (IAG) launched, highlighted that the pre-money value of the company that raised Series A rounds amounted to 10.4-11.9 million euros (see here a previous post by BeBeez). Values for the seed and pre-seeds rounds amounted to 4.8-5.4 million and 2.2-2.5 millions.
TeamSystem, an Italian provider of digital solutions for business and professionals that belongs to private equity Hellman & Friedman, exercised its call option for the majority of Habble, of which it currently owns 60% (see here a previous post by BeBeez). TeamSystem acquired 5% of the company in June 2020, with an option to increase its holding to 60% by February 2021. TeamSystem also acquired 15% of Ciaomanager from its founder and ceo Filippo Battiti (See here a previous post by BeBeez). TeamSystem signed an option for acquiring the majority of the target in the next years.
Noleggio Energia, which rents photovoltaic energy to SMEs, attracted through its equity crowdfunding campaign on BackToWork an investment of 100k euros from AB Holding, an Italian renewable energy company (see here a previous post by BeBeez). Noleggio Energia launched the campaign earlier in February and set a target of 0.1 – 06 million for a 15% of the business on the ground of a pre-money value of 3.4 million.
Tootor, a startup that is launching a digital education project for the dentistry project, raised 635k euros from 18 private investors that include Fabio Venegoni (see here a previous post by BeBeez). Davide Battaglia, Alessandra Grohovaz and Lorenzo Monticelli founded Tootor.
Euronext-listed Unifiedpost Group tabled a binding offer for acquiring Italy’s provider of digital accounting services Digithera (see here a previous post by BeBeez). Digithera belongs to Gerri Cipollini, Laura Vaninetti, Claudia Bruscaglioni, Genarda Pipero, Flavio Bonfatti, Paola Daniela Monari, Renato Garbarini, Roberto Rambaldi, and other investors. Unifiedpost will finance the stransaction with its own shares (18%) and cash (82%). Digithera has sales 1.25 million euros with an ebitda of 50k euros
SumUp raised 750 million euros from current shareholders Goldman Sachs and Bain Capital Credit and new investors Temasek, Crestline and Oaktree Capital Management (see here a previous post by BeBeez). Daniel Klein, Jan Deepen, Marc-Alexander Christ, Petter Made, and Stefan Jeschonnek founded SumUp in 2012. In 2017 the company attracted the resources of Italian club deal veichle U-Start Club, of which Kairos has 5%.
Italian club deal platform Net4Capital invested in MyLab Nutrition Group, an Italian producer of food integrators that launched Mylabnutrition.net (see here a previous post by BeBeez). Gianluca Perra and Daniele Fumi founded MyLab Nutrition in December 2017 and attracted the interest of LVenture. In August 2020, the company attracted the resources of Italian footballer Francesco Totti. MyLab Nutrition has sales of above 0.7 million euros (+30% yoy).
