Scomodo Launches Equity Crowdfunding Campaign to Expand Cultural and Social Spaces Across Italy

Founded in Rome in 2016, Scomodo—a cultural startup dedicated to youth engagement and urban regeneration—has launched an equity crowdfunding campaign on Mamacrowd. The initiative aims to raise up to €1 million to further develop its network of multifunctional cultural and social spaces throughout Italy.

Scomodo surpasses €500,000 in crowdfunding to expand its network of inclusive, multifunctional spaces combating youth isolation and revitalizing urban communities across Italy

The campaign swiftly exceeded its minimum goal of €250,000, surpassing €500,000 with the backing of 221 investors. The fundraising is managed through a special purpose vehicle (SPV) named “Scomodo Avanti Tutta Srl,” which operates on a pre-money valuation of €5.2 million. Investors contributing more than €5,000 receive direct equity in the startup, while smaller contributors invest via the SPV.

Among the notable investors is the Charlemagne Foundation, which committed €200,000. Other key investments included amounts of €77,000 and €33,000, while many individuals supported the project with contributions ranging between €100 and €500.

Scomodo’s mission centers on addressing the growing social crisis among younger generations—particularly loneliness and disconnection. Statistics show that 73% of Gen Z reports feeling lonely, and 87% believe such experiences significantly affect mental health. In response, Scomodo has developed a network of inclusive, hybrid spaces designed to foster community and creativity. These include study areas, coworking hubs, recording studios, psychological support desks, cultural events, clubbing venues, and workshops.

The startup has taken a hands-on approach to urban regeneration by restoring unused or abandoned properties, such as its editorial headquarters in Rome’s Esquilino district. These spaces have become vibrant centers of engagement and connection.

So far, Scomodo has successfully launched hubs in both Rome and Milan. A major milestone was the recent acquisition of a 1,400-square-meter building along the Naviglio Martesana in Milan, financed through a €650,000 loan from Banca Etica. Looking ahead, the organization aims to open five more locations across Italy by 2030, continuing its model of cultural engagement, mental health support, and revitalized urban use.

Scomodo’s impact is evident: more than 700,000 people have participated in its events and offline activities. The organization has a team of over 70 collaborators and a network of 1,000 activists. Its monthly print magazine has circulated 500,000 copies to date.

In terms of financial performance, 2024 marked a significant growth year, with revenues reaching €695,000—triple the figures from the previous year. With this momentum, Scomodo is positioning itself as a leading force in cultural innovation and social change in Italy.

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(Featured image by Lawrence Krowdeed via Unsplash)

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