Italian state-backed investment bank Cassa Depositi e Prestiti (CDP) has committed an additional €100m to FoF PE Italia, a private equity fund-of-funds launched by Fondo Italiano d'Investimento (FII).
HTGF and Vogel Ventures have previously backed cash management software Inventorum
Early-stage round led by angel investor Steen Ulf Jensen
Deal marks the fifth add-on for the broadband network construction company since 2017
Alcedo V will target Italian companies with high-growth potential and an export-orientated approach