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Home COUNTRY ITALY

Startup Diamantech raises 160k euros in equity crowdfunding

bebeezby bebeez
April 3, 2014
Reading Time: 1 min read
in ITALY, VENTURE CAPITAL
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unicaseedItalian startup companyĀ Diaman Tech srlĀ raised almost 160k euros in equity crowdfunding usingĀ UnicaseedĀ portal (managed by Italian financial brokerĀ Unicasim). The equity crowdfunding round closed 10 pct over its target last March 31stĀ (download here theĀ Italian press release).
This was the first deal of this kind in Italy and in the World as this was the first time an equity crowdfunding deal has been closed after a national law and a supervision authority had been ruling on the sector.
Following a specific input by the Government, Consob Ā published last Summer 2013 a ā€œRegulation on the raising of venture capital by innovative start-ups through on-line portalsā€, thanks to which Italy has become the first EU country to have introduced a structured legislation on equity-based crowdfunding.

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