GruppoĀ SellaĀ launched it venture capital management companyĀ Ā Sella Venture Partners sgrĀ (see here aĀ previous post byĀ BeBeez) after having heavily invested in venture capital for years through a division of the bank called Sella Venture.Ā Pietro Sella, ceo of Banca Sella will chair the company,Ā Grazia BorriĀ andĀ Luca Mannucci, will be the fundās ceo and cio. Sella Venture Partners will create a fund of international venture capital funds for institutional investors and private banking clients.
FrescoFrigo, the startup that produces vending machines, raised a new round of 1.2 million euros (see here aĀ previous post byĀ BeBeez). The list of investors includesĀ Andrea Dusi, venture capital fundĀ Mega Holding,Ā Futuro Investimenti,Ā Embed Capital,Ā Metrica Ventures, utensils producerĀ Wonder, Italian fridges producerĀ Epta.Ā Tommaso MagnaniĀ (chairman) andĀ Enrico PandianĀ (ceo) founded FrescoFrigo in 2018. The company will invest these resources in its organic development.
Datrix, the artificial intelligence platform for the financial analysis of big data, born from integration between FinScience and 3rd Place, aims to raise 3-5 million euros, ceoĀ Fabrizio Milano DāAragonaĀ said to BeBeez (see here aĀ previous post byĀ BeBeez). The new round will come after the company raised about 2 million euros from private investors and incubator Gellify. Datrix has sales of 4 million euros, but it expects to double this figure as it is finalising the acquisition of a whole company, and 51-55% of another target.Ā Angelo OvidiĀ joined the company as principal and head of the R&D.
Seasoned Italian bankerĀ Gerardo BraggiottiĀ acquired 1.3% ofĀ Boost HeroesĀ (see here aĀ previous post byĀ BeBeez).Ā Braggiotti subscribed a capital increase of Boost Heroes of which Italian serial entrepreneurFabio CannavaleĀ holds 19.4%.Ā Enriques FerranteĀ has 8.4% of Boost Heroes, whileĀ Gianfranco Dentella,Ā Gianluca Dettori, and theĀ De Brabant FamilyĀ hold smaller stakes.
Hdi Assicurazioni made its first committement in aa venture capital fund as it announced investment inĀ Barcamper VenturesĀ (see here aĀ previous post byĀ BeBeez). Barcamper Ventures investment tickets are of at least 25k euros and up to 3 million euros.Targets are mainly Italian companies, but European and US companies as well.
Angels for Women, the first network of business angels that support women led startups that received support from Insurance giantĀ AXA, invested 0.1 million euros inĀ Orange Fiber, a startup that produces eco-friendly fabrics out of citrus fruits (see here aĀ previous post byĀ BeBeez).Ā Patrick Cohen, ceo ofĀ Axa Italia, said that the investment in Orange Fiber is consistent with the Insurer policy for women empowerment and eco-friendly investments. Orange Fiber launched a crowdfunding campaign onĀ CrowdFundMeĀ on the ground of a pre-money valuation of 2.7 million and a target of 0.25 ā 0.65 million euros.Ā Ā Adriana SantanocitoĀ andĀ Enrica ArenaĀ founded Orange Fiber in 2014. In the same year,Ā Francesco Virlinzi,Ā Antonio Perdichizzi,Ā andĀ Corrado BlandiniĀ investedĀ 135k eurosĀ in the company.Orange Fiber recently singed partnerships withĀ Salvatore FerragamoĀ andĀ H&M.
EpiCura,Ā an Italian digital healthcare company, raised to one million euros from previousĀ 800k euros the target for its equity crowdfunding campaign onĀ MamacrowdĀ (see here aĀ previous post byĀ BeBeez). Lead investorsĀ Enrico Castellani,Ā Club degli Investitori, LVenture Group, Club Acceleratori, andĀ BoostHeroesĀ already poured 480k euros.Ā Gianluca ManittoĀ andĀ Alessandro AmbrosioĀ are the ceos and founders of EpiCura. The company will invest the raised resources in its organic development. Epicura started its activity 18 months ago and recorded a monthly growth of 30%.
Italian producer of bio foodĀ PralinaĀ srl launched its third round of equity crowdfunding onWeAreStartingĀ platform with a fundraising target ofĀ 330k eurosĀ (see here aĀ previous post byĀ BeBeez). The campaign will end on 16 May 2019, Thursday, and the minimum investment ticket will be of 250 euros. The company will invest the proceeds in its organic development. The pre-money valuation of Pralina is of 3 million euros, with a 150% growth compared to the figure of 18 months ago, when the company carried on its second round.Ā Lisella Dal PortoĀ is the ceo of the company that has sales of 1.8 million (up 14.5% yoy).
AccentureĀ Observatory onĀ Open InnovationĀ analysed 400 agreements that European banks signed with fintech companies, 25% of them involves corporate venture funds, 39% are partnerships, 29% of them consists in the launch of accelerators and proprietary incubators of banks, strategic acquisitions make 7% of such agreements (see here aĀ previous post byĀ BeBeez). In 61% of the agreements thereĀ is then the involvement of investments.Ā Mauro Macchi, senior managing director, financial services lead of Accenture, outlined these data on the sidelines ofĀ Accenture Fintech Forum: What is Really Working, a panel of MilanĀ FintechStage Festival 2019. The majority of the collaborations of startup fintech with European banks (52%)Ā Ā takes place in the field of origination, clients acquisitions, and clients relations management, and the technology infrastructure (41%).Ā Goffredo Amodio, Managing Director Banking & Capital Markets at Accenture Strategy, said that financial services companies signed ecosystem partnerships with firms of the leisure and health sector. Accenture invested in startups through its venture capital fundĀ Accenture Ventures.
