LVenture Group, a holding company listed on the MTA of Borsa Italiana which operates in the venture capital sector, announces that in the first three days of August 2016 it concluded four new investment transactions. Portfolio startups DynamiTick, CheckMoov, Tutored and Moovenda have raised over 700 thousand euros.
Luigi Capello, CEO of LVenture Group “After the opening of our new office in June and the capital increase in July – says Luigi Capello, CEO of LVenture Group – we have continued with the investment activity. Our startups are increasingly competitive and we continue to support their growth, maintaining the focus on the objective of increasing value and realizing important capital gains through exits. This is also thanks to an ever-expanding network of investors”.
DynamiTick specializes in dynamic price ticketing solutions for the sports and entertainment industrieso while CheckMoov allows its users to practice sports in all the gyms affiliated to its network. Both are startups that emerged in June from the acceleration program of LUISS ENLABS, an accelerator born from a joint venture between LVenture Group and LUISS University.
DynamiTick closed a 255 euro round, the first tranche of an open capital call for a total of 350 euro. In addition to the LVenture Group which invested 75 thousand euros, some business angels took part in the operation, including the Custodi di Successo group.
CheckMoov closed a round for 241 thousand euros, the first tranche of an open capital increase for a total of 400 thousand euros. LVenture Group invested 100 euros and the remainder was subscribed by business angels.
Moovenda, food delivery service, e Tutored, a platform that helps students organize every aspect of their university life, have instead received two "bridge" investments, which will support their rapid development and expansion on the national and international market.
Moovenda closed a €150 round, of which €75 from a new investor and the remainder from current shareholders including LVenture Group. In the same day Tutored opened a round for a total of 300 euros and raised 140 euros, of which 100 from LVenture Group and the remainder from business angels
