HiQ-Nano, an Italian startup born at theĀ Istituto Italiano di TecnologiaĀ (IIT), raised a 350kĀ euros investment round from theĀ Progress Tech Transfer fundĀ (see here aĀ previous post byĀ BeBeez). HiQ-Nano produces nanoparticles of several materials through the innovative synthesis of eco-friendly materials. Progress Tech Transfer has resources of 40 million euros and received support from theĀ European Investment FundĀ andĀ Cassa Depositi e Prestiti.
Apical, a TravelTech startup, closed a seed round ofĀ 400k euros (see here aĀ previous post byĀ BeBeez).Ā LVenture Group, Italian Angels for GrowthĀ and other business angels poured resources in the company that will invest the proceeds in expanding its foreign activities. The company raised a total amount ofĀ 540k euros as it attracted a pre-seed financing of 30k euros fromĀ Impact HubĀ MilanoĀ in August 2018 and another 110k eurosĀ pre-seed financing fromĀ Luiss EnlabsĀ in December 2018.Ā Fabio Daniele, Michele Pierangeli, andĀ Nicola ZanolaĀ founded Apical in 2018.Ā The company has sales of 13,000 euros and an ebitda of minus 4,595 euros.
BAIG Research Center Impresa SocialeĀ is the first Italian company that launched a capital increase in in Bitcoin and EtherĀ (see here aĀ previous post byĀ BeBeez). BAIG investors sold two credits in criptocurrencies held atĀ Young Platform, an Italian exchange. BAIG will carry on the capital increase through the conversion of credits in equity. Investors may keep the amount in cryptocurrency or convert it in Euros. Baig is a research centre with a focus on the new technologies law based in Milan thatĀ Nerina Boschiero,Ā Diana Urania Galetta,Ā Benedetta Cappiello, Alessandro Negri della Torre, Gabriele Sabbatini, Marco Pagani, andĀ Gherardo CarulloĀ founded. Young Platform is a fintech startup thatĀ Andrea Ferrero, Stefan A. Gheban, Samuele Raimondo, Marco Ciarmoli, Andrea Carollo, andĀ Daniele RinaldiĀ founded thatĀ I3PĀ (part ofĀ Turin Polytechnic University) incubated.
After having received on 12 December, Thursday, the authorization fromĀ Banca dāItalia, Claris VenturesĀ sgr is about to be the first ItalianĀ asset management company that will support biotech startups ready for clinical development (see here aĀ previous post byĀ BeBeez).Ā Pietro PuglisiĀ andĀ Ciro SpedaliereĀ are the partners of Claris Ventures that in 2020 will launch its first fund,Ā Claris Biotech I, with a focus on early stage biotech and pharma companies.
In the last ten years,Ā Italian Angels for Growth (IAG)Ā invested 151 million euros in 83 companies, carried on 7 exits while itās selling 3 assets (See here aĀ previous post byĀ BeBeez).Ā In 2019, IAG invested 15 million (+50% yoy).Ā In 2019, IAG signed strategic partnerships withĀ Angel Partner Group,Ā LVentureĀ and the equity crowdfunding platformĀ Doorway.Ā In 2019, IAG invested in:
ā¢ Fitprime ā Champion: Andrea Rota
ā¢ InVrsion ā Nicolas Ott and Riccardo Fisogni
ā¢ Kither Biotech ā Laura Iris Ferro and Francesco Leone
ā¢ Comehome ā Federico Pistono and Roberto Montandon
ā¢ Yobs ā Anna De Stefano and Roberto Montandon
ā¢ Apical ā Silvia Pugi and Alessandro Brighenti
ā¢ Ride ā Paolo Maresca
ā¢ Rejoint ā Michele Marzola and Claudio Zuccolotto
ā¢ Sooma ā Carlo Brunetti and Michele Marzola.
LybraTechĀ andĀ DeepsupĀ are two investments of Angel Partner Group, which integrated with IAG.