ClubDeal completes a 1.5 million euro investment round

Signed MoU between Kuwait Fund for Arab Economic Development and

(Finance) – ClubDeal, the cutting-edge company in the field of digital platforms for investments in private assets has concluded an investment round for a total of 1.5 million euros. This investment was underwritten by Startup Relaunch Fund, managed by CDP Venture Capital SGRwith a significant contribution equal to 500 thousand eurosin co-investment with some relevant partners, including the business angel Giacinto D’Onofrio who boasts over 15 years of experience in venture capital as Partner and Principal of Trilantic Europe. The operation, which enhances the company 18 million euroswas achieved through the subscription of convertible participatory financial instruments.

With the financial contribution obtained from this operation, ClubDeal aims to implement development plans which include further development of the technological platform, the strengthening of the operational structure with the inclusion of new resources and the launch of new products and services.

“We are thrilled – he declared Antonio Chiarello, founder of ClubDeal – to have completed this investment round which represents confirmation of the validity of our business model. Italian startups and SMEs constitute the fundamental core of our economic fabric and arouse great interest among investors, both national and international. Our goal is to provide a cutting-edge digital platform that enhances Italian excellence and allows all players in the ecosystem to access our platform in an easy, streamlined and completely digital way, offering a unique solution for the Italian market.”

The operation for the Startup Relaunch Fund was managed by Caterina Siclari, Fund Manager, and Gianluca Sansone, Investment Manager. The Curtis Law Firm assisted CDP Venture Capital, with a team made up of the Partner, Carmine Gravina, and Federico Romano, International Corporate Trainee.

For ClubDeal, the operation was 100% managed by the internal team, composed of Silvia Rizzuti, Head of Legal & Compliance, Angela Lo Pinto, Head of Origination, Barbara Bertelè, Head of Marketing and Martino Testa, Director of iStarter Ltd.

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