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EdiBeez Closes in 3 Weeks the €400,000 Funding Round on CrowdFundMe

EdiBeez has recently closed its crowdfunding campaign, during which it raised $420,000 (€400,000). Smart Capital was the lead investor. The company’s founder, Andrea Costantini, has been co-opted into the board of directors of EdiBeez, in line with the objective of supporting the company in its further growth phase.

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Last Friday, April 29th, EdiBeez closed its first round reaching the maximum collection goal of $420,000 (€400,000) on the equity crowdfunding platform CrowdFundMe, in 3 weeks. The campaign started last April 5th and the deadline was June 6th.

The round, which brings EdiBeez post-money valuation to $1.8 million (€1.7 million), now allows the company to start a path of growth both in Italy and abroad, strengthening the team of journalists working in the editorial staff of BeBeez and CrowdfundingBuzz, the team of analysts of BeBeez Private Data and the commercial structure, as well as financing a marketing campaign in Italy and abroad.

If you want to read more about the crowdfunding campaign launched by EdiBeez on CrowdFundMe and to find other financial news, download for free our companion app Born2Invest.

Smart Capital was lead investor in EdiBeez’s campaign

The equity crowdfunding campaign also allowed EdiBeez to consolidate existing relationships and establish new ones. Among the latter, the company was particularly pleased to meet Smart Capital spa, which strongly believed in Edibeez and proposed itself as lead investor. Smart Capital is a financial holding company of the “permanent capital” type, with a focus on small and medium-sized Italian companies that are listed, in the pre-IPO phase or potentially interested in being listed. It was founded at the beginning of 2021 by Andrea Costantini, Andrea Faraggiana, and the Agrati family (owner of the Agrati Group, world leader in fastening systems for automotive components).

Smart Capital is currently a club with the participation of over 20 families of entrepreneurs who want to invest – time and resources – in successful business projects, in the sectors of Italian excellence.

The founder, managing partner, and president of Smart Capital, Andrea Costantini, who is also executive vice-president of Agrati Group, has been co-opted into the board of directors of EdiBeez, in line with the objective of supporting the company in its further growth phase.

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However, the list of well-known names in the world of finance, who have joined either personally or through investment vehicles, does not end here. EdiBeez is pleased to point out Giuseppe Vegas, former president of Consob, now professor at the Università Cattolica del Sacro Cuore in Milan and active investor in startups and scaleups; Riv Capital, investment company founded by the former Lehman Brothers, Roberto Rivera; WRM Group, investment holding company specialized in private equity, credit, special situation and real estate of the financier Raffaele Mincione; VERTEQ Capital, a holding company specializing in private equity investments, founded by Ennio Valerio Boccardi; Fermo Marelli, Co-Head of Alternative Credit Azimut Capital Management sgr; Maurizio Ria, founder and managing partner of turnaround advisory firm Duke&Kay, which invested through its DKBD srl; Norman Pepe, founder of the law firm iLS (London); Domenico Di Luccia, founder of Di Luccia & Partners Executive Search; ACDN srl, investment vehicle of Alessandro Della Nina, vice president of Oaktree Capital Management in London; and Arturo Casale, Milan-based restaurant entrepreneur; Fabio Malerba, business angel, board member of IBAN (Italian Business Angel Network) and with a long track record in the insurance brokerage sector; Michele Novelli, partner of Digital Magics and investor also on a personal level in various fintech startups; and various other entrepreneurs, founders of successful startups and managers from the world of finance.

Stefania, founder, and President said: “This is a very special day for me, for my partners, and for the whole EdiBeez team. I was optimistic about the result of our campaign, because the expressions of appreciation for what we are doing have never been lacking. But I didn’t expect such an enthusiastic response, so much so that we were able to close our first round of fundraising in less than a month after launch. I sincerely thank all our investors, who are in most cases also our readers and who will now accompany us in our next phase of development.”

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(Featured image by nattanan23 via Pixabay)

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First published in Crowdfunding buzz, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Anthony Donaghue writes about science and technology. Keeping abreast of the latest tech developments in various sectors, he has a keen interest on startups, especially inside and outside of Silicon Valley. From time to time, he also covers agritech and biotech, as well as consumer electronics, IT, AI, and fintech, among others. He has also written about IPOs, cannabis, and investing.