Shabosh Closes a Pre-Seed Round of Over 600,000 Euros on Mamacrowd

Shabosh, a startup that has patented a portable and compact dishwasher that washes at high pressure in just 40 seconds, with reduced energy consumption and an affordable price, has raised over 600,000 euros in a pre-seed investment round.

The closing of the round follows an equity crowdfunding campaign on the Mamacrowd portal in which it had collected 211,460 euros from 95 investors based on a pre-money value of 1.1 million euros. While in 2023 the company had successfully closed two reward crowdfunding campaigns conducted on the Kickstarter and Indiegogo platforms where a total of more than 750 machines were sold, for over 63,000euros and over 77 thousand euros respectively.

Shabosh was founded in Naples by Nicolo Petrone, Raimondo Raffi and Riccardo Ricciolio

Petrone, non-executive chairman of Shabosh, represents the fourth generation of the Petrone family, which owns the historic Campania pharmaceutical group Petrone Group and is also the co-founder of 1000Farmacie, the marketplace that unites the best Italian pharmacies on a single online platform, which in recent years has raised a total of 25 million euros in various rounds from various venture capital investors.

Previously, Petrone had worked and was a partner in the fintech platform MEDICI , then acquired in 2021 by the unicorn Prove . As for Raimondo Raffi, CEO of Shabosh, he is a robotics engineer with a past in leading companies such as KUKA , while Riccardo Ricciolio is a business consultant at Petrone Group as well as senior account executive at Consultbroker.

Shabosh produces an ultra-compact and modular dishwasher that combines speed and sustainability and stands out for its ability to complete a wash cycle in just 40 seconds using less than 3 liters of water. With a retail price of less than 150 euros, this innovation is protected by patents in eight countries and offers a significant ecological alternative to traditional solutions.

Thanks to the resources raised, Shabosh now plans to start large-scale production in the fourth quarter of 2024, with the aim of launching the product on the market by the first quarter of 2025.

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(Featured image by FotoRieth via Pixabay)

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First published in Be Beez. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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