EIF and Cassa Depositi e Prestiti Continue To Cooperate To Boost Italian Economy
In December 2019, European Investment Fund and Cassa Depositi e Prestiti reaffirmed their cooperation to boost Italian SMEs, Mid-Caps and startups.
Italy
Octo Telematics Acquires Nebula Systems
Octo Telematics, a Rome, Italy-based global provider of a platform that transforms IoT Big Data set into actionable intelligence, acquired Nebula Systems Ltd., UK based company which specializes in the development of advanced cloud technologies for the automotive and connected car industries.
United Ventures Closes Second Venture Capital Fund, at €120M
United Ventures, a Milan, Italy-based venture capital firm, closed its second fund, at €120M.
Osteocom Raises €2M in Series A Funding
Osteocom, a Parma, Italy-based dental education platform for professionals, raised €2m in Series A funding.
Valore in Sanità Raises €1M in Funding
VIS (Valore in Sanità), a Rome, Italy-based provider healthcare platform, raised €1m in funding.
Oval Money Receives £4M Investment from Eurizon
Oval Money, an Italian and English fintech startup advancing digital payment and saving tools, received a £4m direct non-controlling investment from Eurizon, the asset management firm of Intesa Sanpaolo Group.
Vygon Group Acquires Pilot
Vygon Group, an Écouen, France-based specialist single-use medical devices group, acquired Pilot, an Italian company which specializes in ECG guidance devices.
Casavo Closes €50M Series B Funding
Casavo, a Milan, Italy-based real-estate startup, closed a €50M Series B funding.
Newronika Raises €8.4M in Funding
Newronika, a Milan, Italy-based neurotech startup, raised €8.4m in funding.
Moneyfarm Raises £36M in Series C Funding
Moneyfarm, a Milan, Italy and London, UK-based digital wealth management company, raised £36M in Series C funding.
Velasca Raises €4.5M in Third Equity Funding Round
Velasca, a Milan, Italy-based direct-to-consumer, Made in Italy luxury shoes brand, raised €4.5m in its third equity funding.
Genenta Science Raises €13.2M in Funding
Genenta Science, a Milan, Italy-based clinical-stage biotechnology company pioneering the development of hematopoietic stem cell gene therapies for cancer, closed its €13,2M third funding round.
Freeda Media Raises $16M in Series B Funding
Freeda Media, a Milan, Italy-based media brand for women, raised $16M in Series B funding.
Alkemy’s Growth Continues: The Company’s Revenues Grew by 52.7% and its EBITDA by 42.1% in The First Half of 2019 YoY
The company’s 2019 Interim Financial Report has been prepared according to the IAS/IFRS accounting standards, which provide, among other things, for the conversion of the previous Interim Financial Report’s data, in order to conform to clear comparability parameters (1).
Farfetch Acquires New Guards Group, for 675M
Farfetch Limited (NYSE: FTCH), a global technology platform for the luxury fashion industry, acquired New Guards Group, a Milan, Italy-based brand platform for luxury brands’ design, production and distribution, for a total enterprise value of $675m.