Milan-listed asset manager Azimut raised to 50.1% its stake in equity crowdfunding platform Mamacrowd through the subscription of a capital increase (see here a previous post by BeBeez). In 2013, Azimut paid 1.2 million euros for a 25% of the platform that Paolo Barberis, Dario Giudici (ceo), Marco Corradino, Fabio Cannavale, Cristiano Esclapon, and Pietro Martani founded.
Vittoria Assicurazioni acquired 11.32% of Propensione, a fintech provider of pensions services that Giancarlo Scotti and Raffaele Agrusti and other managers of Generali founded in 2016 with the support of Palladio Finanziaria Holding (see here a previous post by BeBeez). Vittoria Assicurazione may increase its stake to 19.5% by 2023.
CheckSig, an Italian bitcoin and crypto-assets company, raised 1.5 million euros on the ground of a post-money value of 20 million euros (see here a previous post by BeBeez). CheckSig belongs to The Rock Trading, Par-Tec, Intesi Group, and other private investors. The Milan-based company was born in 2019 as a spin-off of the think tank Digital Gold Institute. Ferdinando M. Ametrano is the ceo of CheckSig while Paolo Mazzocchi and Michele Mandelli act as directors.
Pariter Partners and Utopia sis, an investment vehicle for the life science sector that Fondazione Golinelli, Fondazione Sardegna and Antonio Falcone founded in 2020, invested in Lighthouse Biotech (see here a previous post by BeBeez). Medio Credito Centrale (MCC) provided a warranty for 80% of the investment.
Almawave, a Milan-listed Artificial Intelligence company that is part of Gruppo Almaviva, acquired The Data Appeal Company, a provider of AI solutions for the sectors of distribution, tourism and fintech (see here a previous post by BeBeez). Almawave paid 16.5 million euros for acquiring the target from the founder Mirko Lalli, Indaco Venture Partners, Cdp Venture Capital, Airbridge Capital Partners, H Farm, and Unicredit Start Lab. In 3Q21 Almawave generated sales of 22.7 million with an ebitda of 5.2 million. Indaco Venture Partners has resources of 250 million and belongs to ceo Davide Turco, Elizabeth Robinson, investment directors Antonella Beltrame and Alvise Bonivento (51%), Futura Invest (24.5%), and Intesa Sanpaolo (24.5%).
