Wopta, an Italian insurtech, raised one million euros in prizes from its clients after having raised 3 million in 3Q22 (see here a previous post by BeBeez). The company’s founder and ceo Vincenzo Macaione said to BeBeez that he aims to raise a further 5 million by 1H23. Wopta attracted the resources of the Cordioli Family, Key Capital (2.5% owner since September 2022), CNA-Confederazione Nazionale Artigiani, and other business angels.
Gruppo Marposs, an Italian producer industrial metering systems, acquired the majority of Italian startup Digital Strategy Innovation (DSI), an AI, big data and data analysis company (see here a previous post by BeBeez). DSI previously belonged to Andrea Albarelli (43%), Andrea Gasparetto (23%), Carlo Bagnoli (15%), Luigi Funes (15%), and Filippo Bergamasco (4%). DSI has sales of 0.724 million euros, an ebitda of 0.532 million and cash of 0.301 million.
Neva First invested in Israel’s CoreTigo, a developer of wireless solutions (see here a previous post by BeBeez). Since January 2022 the fund invested more than 23 million euros in six Israeli companies. CoreTigo also attracted the resources of Emerson Ventures, Cardumen Capital, Magma Venture Partners, Meron Capital, Qualcomm Ventures LLC, Sierra Ventures, Verizon Ventures, and Meitav Dash Investments.
Maieutical Labs, an Italian edutech aims to raise 2 million euros (see here a previous post by BeBeez). Adriano Allora and Marco Boero founded Maieutical Labs in 2011. The company also signed a partnership with Sanoma Italia a subsidiary of Finland’s learning company Sonoma in 2022.
Fondo Corporate Partners I (CP I) of CDP Venture Capital raised 300 million euros ahead of a 400 million target (see here a previous post by BeBeez). The fund also attracted the resources of Newlat Food and Terna Forward and invests in the sectors of IndustryTech; InfraTech; ServiceTech; and EnergyTech. CP I aims to raise 100 million for each unit. Newlat Food poured 10 million in the industry tech unit that now has resources of 70 million. Terna Forward, part of Milan-listed Terna, supported the Infra Tech and Energy Tech which hit the 100 million target.
Milan-listed LVenture Group signed a partnership with B Corporation Peekaboo, an accelerator (see here a previous post by BeBeez). LVenture Group could also acquire a stake of Peekaboo which belongs to ceo Paolo Napolitano (41.6%), Federico Belli (37.6%) and other minority shareholders. The accelerator is born in 2016 and has sales of little above 0.3 million euros, an ebitda of minus 9,669 euros and equity of 0.146 million.
Holifya, an Italian digital health company for the DNA analysis, raised pre-seed resources of 0.5 million euros from lead investor Growth Engine (Exor Ventures), B4iFund, Bocconi 4 Innovation, and other business angels (see here a previous post by BeBeez). The company will invest these proceeds in its organic growth. Alessandra Cestaro (ceo), Marco Brustia and Elvira Pistolesi founded Holifya in 2022.
The Rock Trading, an Italian exchange for cryptocurrencies, suspended its activity for liquidity problems (see here a previous post by BeBeez). Andrea Medri and Davide Barbieri are the founders of The Rock Trading that in 2020 raised 1.5 million euros through an equity crowdfunding campaign on Opstart on the ground of a pre-money value of 13.5 million.
On 9 March, Friday, the 14 startup that joined the second call of Fin+Tech will end their 5 months acceleration period (see here a previous post by BeBeez). CDP Venture Capital, Digital Magics, Startupbootcamp, Fintech District, Gruppo Credem, and Nexi launched this programme that aims to support 48 startups and SMEs of the fintech and insuretech sector in 3 years. Some of these companies may receive a furhter follow-on investment of 0.6 million euros. Fin+Tech attracted 6.2 million from Cdp Venture Capitai, SIA (Gruppo Nexi) and Gruppo Credem . Further corporate partners are Anima , Banca Mediolanum, BNL Gruppo BNP Paribas, BNP Paribas Cardif, Compass, Credito Fondiario, Excellence Consulting, and Reale Group. Italian stock market watchdog Consob acts as institutional partner through Consob Tech. Fin+Tech already supported
- Barter, an e-commerce b2b platform for the retail sector.
- Bitcoin People, a tool for Bitcoin payments.
- Cooabit, a PropTech that helps tenants to buy the house they rent in 36 months.
- Dashero, a SaaS platform for the financial management of e-commerce and firms.
- Derisk, a saas risk management firm.
- Easydoctor, a digital patient engagement tool.
- ID Defend, a provider of identity protection services.
- Lyyna, an insuretech firm.
- Mopso, a provider of risk management and KYC services.
- Okipo, a tracker for cryptocurencies, nfts and digital assets.
- Osense, an AI-based data firm for reducing the carbon footprints of companies.
- SaferPlaces, a saas platform for Flood Risk Intelligence.
- Takyon, a marketplace for hotel booking and for trading reservations with nfts.
- Torus, a saas platform for banking payments and data.
Panakès Partners, an Italian venture capital that invests in medtech and biotech firms, announced to have reached a final closing of 175 million euros for its life sciences fund Purple (see here a previous post by BeBeez). Purple targets startups based in Italy, Europe,the UK, Switzerland, Israel and USA. The fund attracted the reosurces of anchor investors EIF and FoF VenturItaly and of the Menarini Family, the Cogliati Family, the Colombo Family, the Rovati Family, the Petrone Family, the Re Family, the Bassani Family, Banco BPM, Quaestio Capital, Inarcassa, Cassa Forense, and ENPACL.