Claris I Biotech starts, with European funds to support biofarma early stage in Italy

 Claris Ventures SGR announces the final closing of “Claris Biotech I” fund and “Claris Biotech I – Parallel Fund” for a total amount of € 85M. The capital raised will be mainly invested in new biotech companies based in Italy developing drugs to treat diseases with high clinical need.The final closing has been subscribed by the European Investment Fund (EIF), with an investment of € 40M, supported by the European Commission’s “InnovFin...

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Intesa Sanpaolo and Futura Invest launch €250M Indaco Venture I Fund managed by Indaco Venture Partners SGR

Milan, 30 April 2018 – Today saw the creation of Indaco Venture Partners SGR, an asset management company that will manage the largest Italian venture capital fund, the Indaco Ventures I Fund, whose aim is to raise total funds exceeding €200M, of which the first €130M will be subscribed by 1st May 2018.  The asset management company is run by a team of managers with a long history of success in Venture Capital (led by Davide Turco), Fondazione...

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Sofinnova Partners leads EryDel’s €26.5 million financing

Milan, Italy, April 24th, 2018 – EryDel, an Italian biotechnology company, specializing in the administration of drugs carried by the patient's red blood cells and developing an innovative red-blood-cell-based drug delivery device for the treatment of rare neurodegenerative diseases, announced yesterday a €26.5M financing round led by Sofinnova Partners with the participation of current shareholders Genextra spa and Innogest SGR. In conjunction...

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Mapadore raises €1M in venture funding from Nuvolab and business angels

Mapadore, a Milan, Italy and London-based startup that, thanks to artificial intelligence algorithms, increases the effectiveness and efficiency of the sales process, has announced an investment round of €1M, of which €500k in capital increase and the remaining €500k in form of debt financings. The financing round, which saw the participation of various business angels, was led by the Nuvolab accelerator in Milan, the startup accelerator...

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Hg Capital invests UK£7.1M in DADA S.p.A.

HgCapital today announces its investment in DADA S.p.A (DADA), a leading provider of online hosting services to SMEs in Italy, the UK and other regions across Europe.Founded in 1995, DADA is headquartered in Florence and has around 650,000 business and consumer customers across Europe. DADA’s digital services enable SMEs to administer their online presence: creating, managing and hosting domains and websites.As well as operating in Italy under the Register.it brand, DADA also operates in the UK, Ireland, Spain, France, Portugal and the Netherlands...

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Enterome Bioscience SA gains Principia SGR as New Venture Investor in €32M Series D Financing Round

 Milan, 4 January 2018. Principia SGR invests in Enterome Bioscience SA, a France, Paris-based cleanical-stage biotech company pioneering innovative therapies to treat microbiome-associated diseases with a focus on inflammatory bowel diseases (IBD) and immuno-oncology (IO) indications, announcing its participation in the €32M Series D financing round.  Principia SGR took part as new venture investor alongside global...

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Italian Angels for Growth and SICI - Fondo Toscana Innovazione exit WinMedical to AbMedica

Italian Angels for Growth (IAG), the leading Italian business angel network specialized in seed investing in technology startups, and SICI - Fondo Toscana Innovazione (SICI), have exited WinMedical, a company specialized in the development of wearable medical devices, to ab medica, Italy's leading company in the production and distribution of medical technologies, as well as reference point for robotics surgery -...

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