Impact Hub Milano, a Milan, Italy-based coworking space and certified incubator dedicated to impact innovation, completed a new capital increase of undisclosed amount.
Backers included Chiara Bisconti, Enrico Cattaneo, Carlo Mazzola, Paola Perini, Paolo Gonano, Embed Capital and Rancilio Cube. Following the deal, the board will include Marco Fabio Nannini, CEO, Luca Rancilio, Chiara Bisconti, Paolo Gonano and Sofia Maroudia.
The organization will use the funds to increase its learning, coworking, and event organizations activities as well as to creare a community dedicated to social innovation.
Led by Nannini, Impact Hub Milano also announced the launch of a new $40/50m impact investing fund. It currently has a portfolio including over 15 startups including Gobee, Feat Food, Delizialy, Wishraiser, Jobmetoo, VillageCare.it, iCarry, Wayonara, and Toctocbox.