Nauta Capital et al. in €6.5m series-B for BeMyEye

According to press reports, Nauta Capita provided a €2.5m equity ticket for the round, while P101 and 360 Capital Partners made an equal contribution of €1.5m each.

Prior to the transaction, BeMyEye acquired its main competitor LocalEyes as a condition to secure the series-B round.

According to a statement, the fresh capital will allow the company to invest in its international expansion and product development. Moreover, the company aims to double the size of its team.

Previous funding
In May 2014, the company raised a €2m series-A round from 360 Capital Partners and RedSeed Ventures alongside angel investors.

Company
Founded in 2011 and headquartered in London, BeMyEye develops a mobile crowdsourcing platform providing intelligence data for companies. The platform pays smartphone users to conduct market research on its behalf and provides companies with location-specific data.

The company has a presence in Italy, the UK, France, Germany and Spain, and claims to reach a wide range of clients, including Coca Cola, P&G, Nestlé, Samsung, Nespresso, Lavazza and Universal.

People
Nauta Capital – Carles Ferrer (partner).
P101 – Giuseppe Donvito (partner).
360 Capital Partners – Fausto Boni (general partner).
BeMyEye – Luca Pagano (CEO).

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