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Home COUNTRY ITALY

Italy’s angels & incubators and venture capital weekly roundup. News from IdentifAI, United Ventures, Riv Capital, WeChain, and more

Salvatore Brunoby Salvatore Bruno
September 3, 2024
Reading Time: 2 mins read
in ITALY, VENTURE CAPITAL
Italy’s angels & incubators and venture capital weekly roundup. News from IdentifAI, United Ventures, Riv Capital, WeChain, and more
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Milan-based startup IdentifAI, the owner of a software that fights deepfake digital contents, attracted seed resources of 2.2 million euros from United Ventures, Edoardo Alessandri, Matteo Fago, and Umberto Paolucci (see here a previous post by BeBeez). Marco Ramilli and Marco Castaldo founded and head IdentifAI which will invest such resources in its proprietary technology.

RIV Capital, an asset management based in Luxembourg and Dubai that Roberto Rivera founded, acquired Italy’s WeChain, a startup that Davide Cortese created for providing professionals and companies with education and training for the blockchain and cryptocurrencies (see here a previous post by BeBeez). WeChain rebranded as RIV Academy. Massimiliano Marzo, PhD (Yale alumnus), the chief economist of RIV Capital, will hold courses about traditional finance. Riv Capital is reportedy working on the launch of RIV Coin, a proprietary cryptocurrency that aims to reduce the volatility.

Shabosh, a startup that developed a proprietary technology for a portable and compact dishwasher, raised more than 0.6 million euros of pre-seed resources through an equity crowdfunding campaign on Mamacrowd on the ground of a pre-money value of 1.1 million (see here a previous post by BeBeez). In 2023, Shabosh closed two reward crowdfunding campaigns on Kickstarter and Indiegogo. Nicolo Petrone, Raimondo Raffi and Riccardo Ricciolio founded Shabosh which will invest the raised proceeds for launching a mass production by 1Q25.

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