Bangbite Raises €1,5M from Principia

Bangbite, a Sassari and Milan, Italy-based developer of soccer manager games, raised €1,5m from Principia SGR.

The investment was made via Principia II.

The company intends to use the proceeds from the investment to continue to expand operations and grow internationally.

Led by CEO Gianpaolo Cattenari and Paolo Barberis, Bangbite provides OFootball, a free social factory for virtual soccer managers with over 800,000 players.

The company is backed by 2Music, holding of Gruppo Kiver (iDooo), and is supported by Florence based incubator Nana Bianca.
It is currently hiring (read here).



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