Personal Factory Raises €2M in Second Venture Capital Funding

Personal Factory, a Vibo Valentia, Italy-based company that develops technologies for the building materials sector, raised €2m in venture capital funding.

Backers included new investor Atlante Ventures Mezzogiorno and Vertis SGR and Fondamenta SGR, which had invested in the company in 2009 (read our news here).

The company intends to use the funds to continue to grow.

Co-founded by Francesco and Luigi Tassone, Personal Factory provides a chemical kit that enables users to choose the raw materials and to produce tailored products via Origami 5, a local production plant that can be globally distributed. The company currently has installations in four countries.




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