As of April 2024, 25.9 million have been invested in startups, in 11 capital increases. In April 2023 there were 10 for 58.27 million euros (HERE the other operations). The total collected in the first four months of the year is 301.3 million. In the same period of time, last year we were at 241.24. Among this month’s operations, the 10 million raised by Tes pharma and the 4 million by Cosmico stand out. To these must be added the equity crowdfunding campaigns which raised a monthly total of 896 thousand euros.
Cdp vc, one billion on artificial intelligence,
Cdp venture capital will use 1 billion euros of resources out of the total of 8 billion envisaged in the 2024-2028 industrial plan for the development of artificial intelligence. The resources will focus on three key areas, with 120 million dedicated to technology transfer, a further 580 million for investments in startups with sectoral applications to strengthen existing players and 300 million aimed at mature companies, ready to scale abroad and become the national champions. Details HERE.
Cdp vc, lancia Frontech
Cdp venture capital launches Frontech, an accelerator dedicated to ai, web 3.0 and metaverse which will mobilize 7 million euros of investments also thanks to the contribution of Fondazione Sardegna, Gellify and Cariplo factory. Until May 19th it is possible to apply for your startup HERE to participate in the selection to obtain investment tickets of 120 thousand euros and 6 months of acceleration.
Zest is operational
With the first board of directors (appointed Marco Gay as executive president and Luigi Capello as managing director), Zest’s operations officially began. Born from the merger between Lventure group and Digital magics, Zest is a platform for the development of innovative entrepreneurship and the technological transformation of corporations and institutions. Details HERE.
Conio closes the first quarter of 2024 with a profit, revenues at +382%
Conio, a fintech owned by Poste Italiane and Banca Generali, founded in 2015 and which launched the first Bitcoin wallet for smartphones in Italy, closed the first quarter of 2024 in profit and announces new hires. Among the performance indices for the first quarter of 2024: revenue growth of 382% and Ebitda increase of 136% compared to the first quarter of 2023.
Artificial intelligence, Maia app released
Maia, an Italian personalized generative artificial intelligence app, was released on the market by My maia and Synapsia this month. Once the alpha phase is over, it provides solutions for both the business and consumer sectors.
Factorial raises 80 million with General Catalyst
Factorial, a European company that supports SMEs in human resources management, has closed an investment of 80 million dollars with General Catalyst. This funding comes after Factorial closed a $120 million Series C in October 2022. HERE is the other info.
Medicina digitale, partnership Gemelli Digital Medicine & Health – Zest
Gemelli digital medicine & health, an innovation company owned by the Agostino Gemelli Polyclinic Foundation and Zest, have signed a partnership for the joint development of innovation projects in the field of digital healthcare and medicine. HERE is the other info.
Italian angels for biotech, Paola Lanati vicepresidente
Paola Lanati is the new vice president of Iab – Italian angels for biotech, an association founded in 2015 to help bridge the Italian gap between scientific excellence and value creation, through financial investments and managerial support for industrial projects.
Visma invests in Fiscozen
Visma, a group active in Europe in the supply of software for companies, invests in Fiscozen, a company that has developed a platform that aims to simplify VAT taxation. More info HERE.
Biotech, 10 milioni per Pharma test
Tes pharma, a biotech active in the development of innovative drugs for the treatment of metabolic and oncological diseases, has closed a capital increase of 10 million subscribed by Foro delle arti and Xgen venture. HERE are the details of the operation.
Cosmico closes a 4 million round
Cosmico, a startup created to connect talents from the digital world and companies, has closed a 4 million euro round led by Pranaventures.
Other investments in April
Equity crowdfunding
These innovative startups and SMEs have closed their equity crowdfunding campaigns:
To not lose the thread. HERE is the news from last month