Invitalia leads €1.5m series-A for Vino75

As part of the deal, the GPs acquired a minority stake in the business alongside the management team as well as two Italian accelerator, Club Italia Investimenti 2 and Club Digitale, which boosted the company's growth during its seed phase.

According to a statement, the company aims to use the capital injection to expand its B2C-focused online platform to the B2B business as well.

Invitalia deployed capital from its 2015-vintage Italia Venture I, which currently manages €85m of commitments and is eyeing a final close in September 2017. The fund has a €100m target.

Company
Founded in 2014 and headquartered in Florence, Vino75 develops a digital marketplace focused on the Italian wine sector. Currently the company's platform focuses on B2C business and claims it has 1,800 brands under management.

People
Invitalia Ventures – Mario Scudieri (investment manager).
Sici – Guido Tommei (director).
Vino75 – Andrea Nardi Dei (CEO).

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• Topics
• Expansion
• Technology
• Southern Europe
• Venture
• Italy