wineOwine, a Rome, Italy-based wine ecommerce startup, raised €800k in venture capital funding.
The round was led by PiCampus, with participation from LVenture Group, holding company listed on the MTA of the Italian Stock Exchange and several business angels, some of them coming from Angel Partner Group.
The company intends to use the funds to expand its service to new producers.
Led by Federico De Cerchio, CEO, and Eros Durante, CTO, wineOwine is an ecommerce startup that selects and sells quality wines from small Italian producers. Every week, the platform introduces new labels, accompanied by detailed descriptions that contain information on the area of production, the cellars and their stories.
The company, which was accelerated within Luiss Enlabs in 2014, currently has a team of people and a network of over 200 wineries selected by a team of winemakers and sommeliers.