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Nextalia Ventures led a series B round of 60 million US Dollars in equity and debt that London’s B2B AI-based software house Shop Circle launched (see here a previous post by BeBeez). The company will invest such proceeds in the acquisition of Aiden, a competitor. Shop Circle also attracted the resources of Endeavor Catalyst, CDP Venture Capital – Corporate Partners I-ServiceTech Fund, Primo Capital, The Techshop, NFX, QED Investors, 645 Ventures, i80 Group, and 3VC. Nextalia Ventures retained Grant Thornton and DLA Piper. Francesco Canzonieri is the ceo of Nextalia. Luca Cartechini and Gian Maria Gramondi are the founders of Shop Circle. Allen Taylor is a partner of Endeavor Catalyst. Shop Circle was born in 2021 and since then raised 245 million in equity and debt. Vijay Shankar, Firstminute Capital, Avonmore Developments, Systema, BlackSheep Ventures, and TriplePoint Capital also invested in the company.
Italian venture builder FoolFarm, a firm that ceo Andrea Cinelli created, said it aims to raise 3.7 million euros on the ground of an enterprise value of 32 million (see here a previous post by BeBeez). The company will invest such proceeds in its US expansion through the launch of Italian AI Innovation Hub in Miami and in generating 50 million capital gains ahead of a listing in 2028.
Lilac-Centro DCA, a digital health tech startup for the treatment of eating disorders raised a total of 0.693 million euros for its organic development through a follow-on investment worth 0.560 milliona and a 0.133 million worth safe (simple agreement for future equity) conversion (see here a previous post by BeBeez). Personae – CDP Venture Capital, SocialFare Seed, Sullivan Venture, Generaimprese, Milano Venture, Marta Basso, and Sergio Liscia invested in Lilac, a company that Giuseppe Magistrale and Filippo Perotto founded in 2023. Laura Orestano is the chairwoman of SocialFare Seed.
Italian RegTech startup Mopso, a provider of anti-money laundering services, attracted seed resources worth one million euros from business angels, Apside, a joint venture that Intesa Sanpaolo signed with Zest, Fin+Tech- CDP Venture Capital, and Centro Istruttorie, part of Moltiply Group (see here a previous post by BeBeez). The company will receive the funds upn the achievement of turnover targets. Mopso will invest such resources in its international expansion. Andrea Danielli and Enrico Fagnoni founded the firm in 2021. Enrica David is a Senior Director Shareholdings & Corporate Venture Capital of Intesa Sanpaolo and the chairwoman of Apside investment committee. Gabriele Ronchini is the ceo of Zest Investments and vice-chairman of Apside investment committee. Alessandro Fracassi is the ceo of Moltiply Group.
