Paolo Gesess, cofounder and managing partner ofĀ United Ventures, together withĀ Massimiliano Magrini,Ā said to BeBeez that the firm will announce soon the final closing ofĀ its second fund (see here aĀ previous post byĀ BeBeez).Ā The fundraising target is of 120 million euros and the company had announced a first closing inĀ December 2017 at 75 million euros.Ā Gesess said that he aims to carry on 3-4 investments per year up to 2024. Mr. Magrini said that the Italian ecosystem is solid, but venture capital funds have not yet gained the necessary size for becoming sustainable.
CleanBnB, an Italian platform for short-term rental accommodation, started its placement for its Aim listing looking to raise a maximum of 5 million euros from investors after having raised capital from investors in previous equity crowdfunding campaigns (see here aĀ previous post byBeBeez).Ā Francesco ZorgnoĀ is the companyās founder and chairman. CleanBnB signed a partnership with Italian startupĀ Keesy, a provider of automated self-check-in and check-out, thatĀ Patrizio DonniniĀ founded. Keesy is raising capital with an equity crowdfunding campaign. CleanBnB has sales of 1.54 million euros (+230% yoy).
TifosyĀ raised 2 million british pounds through an equity crowdfunding campaign for a stake of 11.3% (see here aĀ previous post byĀ BeBeez).Ā Fausto ZanettonĀ andĀ Gianluca VialliĀ founded Tifosy, an equity crowdfunding platform that has a pre-money value of 15.7 million. Tifosy has sales of 0.356 million and an ebitda of minus 0.9 million.
According to a report of theĀ Venture Capital MonitorĀ ofĀ LIUC University Business SchoolĀ andĀ Intesa Sanpaolo Innovation Center,Ā Italian venture capital and angel investors signed 102 transactions worth a total amount of 521 million eurosĀ in 2018 (79 transactions for 208 million yoy) (see here aĀ previous post byĀ BeBeez).Ā Anna GervasoniĀ is the chairman of the scientific board of Venture Capital Monitor.Ā The readers ofĀ BeBeez News Premium 12 monthsĀ can download theĀ BeBeez Venture Capital Report 2018Ā here,Ā find out here how to subscribe to BeBeez News Premium for just 20 euros per monthĀ and read theĀ BeBeez Reports and Insight Views.
On 1 March 2020, Italian banks will implement the Distributed ledger technology for interbanking transactionsĀ Ā (see here aĀ previous post byBeBeez). This implementation is part ofĀ Spunta ProjectĀ (ie banking check project) thatĀ ABI, the Italian association of Banks, announced in 2018.Ā Banca Mediolanum, Mps, Banca Sella, Bnp Bnp Paribas, Banca Popolare di Sondrio, Banco Bpm, CheBanca!, Credito Emiliano, CrĆ©dit Agricole, Credito Valtellinese, Iccrea Banca, Intesa Sanpaolo, Nexi Banca, andĀ UbiĀ were the first movers on the project.