FNDX VC

FNDX VC is pleased to have advised Azimut Libera Impresa's DigiTech Fund in their investment in Kleecks' €6.5 million funding round, co-led by BlackSheep Fund, the Venture Capital fund managed by Eureka! Venture along with Axon Partners Group. This investment reflects our belief in Kleecks’ innovative vision to revolutionize website performance optimization. This new capital will support Kleecks’ growth, aiding its international expansion and further enhancing its AI-driven SaaS platform. By continuously improving digital channel performance for global brands, especially in the luxury and fashion sectors, Kleecks is setting new standards for front-end web optimization. Congratulations to Marco and the entire Kleecks team on this achievement. We look forward to their continued success in transforming the web performance industry. #VentureCapital #GlobalExpansion #SaaS #WebPerformance #AI

Gymondo’s recent acquisition of Buddyfit marks a pivotal moment in the company's evolution, solidifying its role as a key player in the European online fitness market. At FNDX VC, we are proud to have been part of their journey, having facilitated Azimut Libera Impresa's DigiTech Fund lead investment in Buddyfit during their Series A round. This acquisition will accelerate Buddyfit’s growth and strengthen Gymondo’s strategic position as the continent’s leading fitness and wellness platform. With Buddyfit’s strong presence in Italy and Spain, and Gymondo’s dominance in the DACH region, the combined entity is poised to shape the future of digital fitness, targeting one million subscribers across Europe by 2027. Together, they aim to dominate a market expected to reach €3 billion in Italy, Spain, and DACH. The exit to Gymondo, owned by Oakley Capital, underscores the success of Buddyfit’s leadership and their ability to capture a loyal user base. Congratulations to Giovanni Ciferri, Stefano Manzoni and Stefano Cortese and the entire team at Buddyfit for this remarkable achievement and their continued success as part of the Gymondo family. #FitnessTech #VentureCapital #Exit #Growth #Europe

We are excited to announce that will be an official sponsor of #TheBolognaGathering." Our founder and CEO, Fabio Nalucci, will speak on the panel "Corporates, Startups, VCs: How Can the Trio Work?" Fabio Nalucci stated: "We are proud to support #TheBolognaGathering, an event that perfectly aligns with our mission as investors and entrepreneurs dedicated to helping other entrepreneurs realize ambitious projects and build the companies of the future through our partnership with GELLIFY, we strengthen our role in the ecosystem, working synergistically on multiple fronts to drive innovation." This event will be a unique opportunity to exchange experiences, ideas, and insights on the future of collaboration between corporates, startups, and investors in a region renowned for its dynamic entrepreneurial spirit and world-class companies. We look forward to seeing you there!

FNDX VC is proud to have advised Azimut DigiTech Fund and X-Equity in their investment in BizAway’s successful €35 million Series B funding round, led by Mayfair Equity Partners LLP. This accomplishment underscores our longstanding belief in BizAway's vision, dating back to our initial involvement in their Series A.  This new capital injection will expedite BizAway’s international expansion and further enhance its technological capabilities in the business travel sector. By continuously redefining the standards for efficient, technology-driven travel management, BizAway is setting a new benchmark for global business travel solutions.   Congratulations to Luca Carlucci and the entire BizAway team on this remarkable achievement. We look forward to witnessing their continued growth and success in revolutionizing the travel tech industry. #BusinessTravel #TravelTech #FundingRound #VentureCapital #GlobalExpansion

FNDX VC is pleased to have advised GELLIFY Digital Investment in the investment by Copilot Capital, a UK-based private equity firm backed by The Friedkin Group and specializing in investments in software companies across Europe with an ARR between €5 and €15 million, in SecureFlag, a leader in training and assessment solutions for secure coding aimed at developers, cloud engineers, DevOps, and QA professionals. BlueBull acted as the exclusive financial advisor to the shareholders of SecureFlag during the transaction. SecureFlag’s innovative platform enables developers to use real-world tools to address vulnerabilities in a virtual environment. Copilot Capital has acquired a majority stake, aiming to position SecureFlag as a global leader in cybersecurity training. Fabio Nalucci, CEO of FNDX VC, stated: "This exit confirms the strength of our Investment Policy and the value of Italian entrepreneurship."

FNDX is pleased to have advised Azimut Libera Impresa SGR – Azimut Digitech Fund in its investment in Cubbit, the first geo-distributed cloud enabler who raises $12.5M to bring data storage independence to organisations, starting from Europe. Cubbit enables companies and service providers to build geo-distributed S3 cloud storage, ensuring data sovereignty, cutting storage costs by up to 80%, enhancing cybersecurity, and reducing the cloud carbon footprint by using 25-50% less IT resources and extending hardware lifespan. The round was co-led by LocalGlobe, and ETF Partners, Europe’s original sustainability investor. Among the new investors joining Cubbit are also Verve Ventures, 2100 Ventures, Hydra (holding of Datalogic), Growth Engine, Eurenergia and Moonstone Venture Capital. Azimut Libera Impresa SGR – Azimut Digitech Fund under the advisory of FNDX VC, CDP Venture Capital SGR through its Fondo Evoluzione, and Primo Ventures are returning investors. Individual investors include Fabio Fregi, former Italy Country Manager of Google Cloud, and Joe Zadeh, former VP Product at Airbnb. Massive congratulations to the entire Cubbit Team led by the visionary Stefano Onofri, Alessandro Cillario and Marco Moschettini for this outstanding achievement.

FNDX is thrilled to announce our continued strategic support in the latest funding round for LimoLane, which has successfully secured €35 million. This investment will accelerate LimoLane's ambitious plan to sustain organic growth and implement a strategic buy-and-build approach. LimoLane has become a global leader in premium mobility solutions for corporate clients across the industrial, fashion, travel, tourism, hospitality, and financial & professional services sectors. With its proprietary software that digitizes B2B mobility demand, LimoLane integrates with client management systems and consolidates a fragmented market of chauffeur service providers, thereby increasing their visibility, vehicle usage, and revenue. The company has demonstrated robust growth, with revenues climbing from €8 million in 2022 to €16.5 million in 2023, and is projected to reach €34 million in 2024, maintaining an EBITDA Margin above 30%. This funding round was led by Cherry Bay Capital Group, in partnership with FNDX VC and FG2 Capital, alongside a selected group of investors from a previous €4 million round in early 2023. Congratulations to Francesco Righetti and the entire team at LimoLane on this remarkable achievement! #PrivateEquity #MobilitySolutions #DigitalTransformation #StrategicGrowth #GlobalExpansion

FNDX is pleased to announce that Glaut has successfully secured $1.4 million in pre-seed funding. Founded at the end of 2023 by Matteo Cera and Giovanni Del Gallo, Glaut is pioneering the use of AI-driven conversational surveys to help B2C brands gain deeper customer insights. This capital injection will be pivotal for enhancing their product development, expanding the team, and scaling their innovative platform to new heights. Glaut's unique approach enables businesses to conduct qualitative market research on a large scale, facilitating more empathetic and engaging customer interactions. The funding round saw contributions from X-Equity Venture Club, under the strategic advisory of FNDX, alongside other key players such as Italian Founders Fund, Brainstorm Ventures, Alecla7, Ithaca, B Heroes , Club degli Investitori, Eden Ventures, and Delirus Capital. Congratulations to Matteo, Giovanni, and the entire Glaut team on this remarkable achievement in transforming market research through digital innovation. #CustomerInsights #StartupFunding #venturecapital

We are pleased to announce our strategic involvement in the selection and evaluation process for the Frontech Accelerator, a new initiative by CDP Venture Capital SGR. In collaboration with GELLIFY and Cariplo Factory, this program is specifically designed for startups focused on #AI, #Web3.0, and #Metaverse technologies. FNDX is proud to play a key role in providing strategic guidance and support, helping to select and evaluate promising startups in these innovative fields. Located across various innovation hubs in Italy, the Frontech Accelerator is part of the comprehensive National Accelerators Network supported by CDP Venture Capital SGR. This network is dedicated to fostering the growth of young companies that aim to make significant impacts in their industries. We invite startups with robust teams and transformative digital solutions that aim to integrate these advanced technologies into the Italian industrial ecosystem to apply. This program offers an exceptional opportunity to accelerate your startup with strategic guidance and support from FNDX and our partners. The #CallForApplications is now open and will close on May 19th. For more details and to apply, visit www.frontechaccelerator.it #InnovationHub #TechStartups #DigitalTransformation #VentureCapital

FNDX is pleased to announce that FidoCommercialista has successfully secured €1.2 million in funding, combining equity and debt. Founded in 2020 by Luca Primieri, Nicola Primieri, and Filippo Primieri, FidoCommercialista stands as the sole platform in Italy offering a fully digital solution for entrepreneurs to manage businesses across any fiscal regime. This capital injection will fuel product development, team expansion, market consolidation in Italy, and investments in automating and digitizing the platform to streamline daily operations for accountants. This strategic round aims to transform the traditional fiscal consultancy through digital innovation, supporting over 5,000 VAT-registered businesses to date. The round witnessed contributions from X-Equity Venture Club, under the strategic advisory of FNDX, alongside other key players like 40Jemz Ventures, Alecla7, i3Charter, Vesper Holding, and noteworthy additional funding from Invitalia's Smart & Start initiative. Congratulations to Luca, Nicola and Filippo, and the entire FidoCommercialista team on this remarkable achievement. #DigitalTransformation #VentureCapital #Expansion