LVenture Group has led a €2.5m funding round for Italian startup Filo, which specialises in developing Internet-of-Things (IoT) devices.
Earlybird, Hummingbird and Endeavour Catalyst have exited to US-based mobile game designer Zynga
GP invests via its renewable-energy-dedicated fund Green Arrow Energy Fund
Ingo Stoff will be part of the Munich-based team and joins from the PE division of a family office
Transaction is made via a club deal which saw participation of several private investors alongside Cherry Bay