Itsworld Sicilia to Receive €2M in Equity Funding from Principia SGR

Itsworld Sicilia, an Italian company that focuses on commercializing HPA (Hymera Power Amplifier) technology, is to receive €2m in equity funding from Principia SGR. Principia acquired a 28% stake in the company via Principia II. A subsidiary of Milan, Italy-based Energy Finance S.p.A., Itsworld focuses on promoting and commercializing the HPA technology, which is designed to allow the various components […]

Blomming helps people buy and sell stuff on the social Web, raises $1.65m in funding

Naples, Italy-based social e-commerce startup Blomming has announced that it recently secured 1.3 million euros ($1.65 million) in early-stage funding to spur growth. The investment comes from Vertis Venture, the venture capital arm of Vertis SGR, at a time when Blomming is growing relatively fast, and, more importantly, expanding internationally. The startup says more than 10,000 shops have been created […]

Nov 16, 2012 in Other news
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The italian company Funambol raises $5.75M

Funambol, a Foster City, CA- and Pavia, Italy-based developer of white-label personal cloud technology for mobile providers, has raised $5.75m in funding. Backers include Nexit Ventures and Castile Ventures. The company intends to use the funding, and an addditional working capital line, for major customer adoption (at multiple tier-1 mobile operators and other large service providers in North America, […]

Risparmio Super, a Italy-based online startup, raises €467K in Second Funding Round

Risparmio Super, a Catania, Italy-based online startup that allows users to compare grocery store prices in real time, has raised an additional €467k in the first tranche of its second round of funding. Risparmio Super, which already raised €550k in the last quarter of 2011 (read here) is now in the process of raising a €533k second tranche. […]

Oct 12, 2012 in Other news
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Margherita Inventions Raises €350K in Funding

Margherita Inventions Srl, a Pavia, Italy-based developer of a medical device that prevents accidental stick injury, has raised €350k in funding. Backers include a group of business angels of Italian Angels for Growth (IAG) led by Antonio Leone. Founded by Carlo Giuberchio, CEO, the company provides a syringe accessory that prevents accidental stick injury. Supported by University of Pavia, […]