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Italian Founders Fund raises inaugural €50m for seed and pre-seed startups

Italian Founders Fund

Italian Founders Fund (IFF), the first-ever Italian Venture Capital fund created by founders, for founders is today announcing the launch of its debut €50m fund. Backed by a diverse group of Italian entrepreneurs covering a range of generations and sectors, IFF is driven by a shared goal: empowering Italy’s next generation of exceptional talent and digital innovation. With over €50 million of entirely private capital raised, the fund was born as a direct response to the Italian founders community's desire to put Italy on the map of the best spots in Europe to open a company. Italian Founders Fund’s investment strategy focuses on being the lead investor in the pre-seed and seed rounds of innovative startups led by Italian founders, whether operating in Italy or abroad, while also being able to target foreign startups interested in entering the Italian market. IFF is led by Lorenzo Franzi, former partner at Global Founders Capital. Lorenzo brings a remarkable international professional background, ranging from investment banking to experience as the founder of a digital startup. After many years abroad, Lorenzo has returned to Italy to launch the fund by partnering with a group of the best Italian founders. Lorenzo Franzi, founding partner at Italian Founders Fund commented: “A new chapter has begun for the Italian Venture Capital ecosystem. We’ve brought over 100 founders onboard, including key figures from Italy’s entrepreneurial and innovation sector, and we also have representatives from the firmly established business owner/investor community. This positions us to set up a truly integrated system that can promote and support Italy’s promising ecosystem both at home and on the global map. We are convinced that by unifying the country's ambitions and talents, we’ll help shape our future economy for the better. “Thanks to the background and network of our founder-investors, we aim to enable promising projects to emerge and grow, transforming untapped potential into companies capable of generating value, change, and jobs. I believe this is a significant sign of maturity for the Italian digital ecosystem, as seen in other countries where the presence of VC funds fueled by private capital and the experience of successful founders is a clear indication of a maturing and growing ecosystem.” The fund, housed within the management company Koinos Capital SGR, stands out on the peninsula for its uniquely collaborative community approach. In addition to funding, IFF offers its portfolio companies the expertise, experience, time, and network of a diverse and highly qualified investor base. Within the IFF, founder investors also actively participate in the process of identifying investment opportunities and analyzing them, allowing the investment team to gain an even deeper understanding of the sector and the challenges faced by target companies. By becoming the top investment network for ambitious Italian founders, IFF will serve as a privileged gateway for international funds looking to invest in Italy, facilitating co-investment from the earliest stages. IFF aims to complete 25 transactions over its investment period, with initial investments ranging from €500,000 to €1.5 million and the possibility of accessing an additional €2.5 million in subsequent rounds. From the very beginning of its fundraising stage, the initiative has registered remarkable interest, allowing the fund to quickly finalize its first two investments. The first announced investment is in Jet HR, a tech company focused on removing the pain of HR management bureaucracy. This investment marked the largest pre-seed round in Italy, with IFF co-investing alongside Exor Ventures. And it’s paying off: in just a few months since its official launch, JetHR has already achieved €1 million in annual recurring revenue, positioning itself among the top 10% of Software as a Service startups in the world when comparing rapid growth. IFF’s second investment has been made in Glaut, aiming to improve the market research and surveys sector using artificial intelligence. Glaut's round involved the participation of various international funds and angels. Beyond these completed deals, three new transactions are currently in the finalization stage. Marco Ogliengo, founder and CEO at Jet HR added: “So many VCs claim there's more value than just the money but, too often, founders are left shortchanged on value. IFF is unique, however, as it's backed by basically every successful Italian founder, and the partners are founders themselves. It's a very powerful network, giving you better access than any other VC in Italy can today." Marco Morgese, CEO of the management company KOINOS Capital SGR commented: "This type of founder-led fund is already prevalent in markets where innovation is at the forefront of industrial development policies. We see them in the USA with Founders Fund, which has been around for almost 20 years, as well as in Europe where 10x founders operates in Germany, Galion.exe in France, ByFounders in Scandinavia, and Dutch Founders Fund in the Netherlands. Given the crucial role of innovation in the country's industrial development, the IFF project represents the natural evolution of Koinos. We have been transitioningfrom a private equity fund supporting small and medium-sized Italian businesses to a multi-asset platform encompassing both private equity and venture capital, all while maintaining a strong entrepreneurial spirit.” About Italian Founders Fund Italian Founders Fund (IFF) is the first-ever Italian Venture Capital fund created by founders, for founders. Backed by a diverse group of Italian entrepreneurs covering a range of generations and sectors, the fund was born in direct response to the Italian founders community's desire to put Italy on the map of the best spots in Europe to open a company. IFF is driven by a shared goal: to invest in and empower Italy’s next generation of exceptional talent and digital innovation. For more information please visit https://italianfoundersfund.com/ or follow via LinkedIn. Contact Details Italian Founders Fund Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://italianfoundersfund.com/

June 10, 2024 08:00 AM Eastern Daylight Time

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Room to Roam: ‎The Elephant’s Path to Climate Resilience

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

June 10, 2024 07:00 AM Eastern Daylight Time

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Dogwifhat Hype Cools Down: Holders Jump Ship To Floki And Viral AI Meme Coin Raboo!

Total Media

Following the surge of meme coins into the digital space, crypto holders have now seen an opportunity to make an investment and get great returns. Because the value of these coins is rising quickly, it is hard not to see a crypto enthusiast who has yet to invest in at least one. These coins are an excellent market opportunity and many of them have proven to be of great value to investors who hold them. Two exciting meme coins held by many investors today include Dogwifhat and Floki. These coins, just like many other meme coins, have been invested in before their launch date and have turned out to be valuable. But with a new meme coin, Raboo, coming into the market space, you could even get a much greater return. The returns are so promising that the value of the coin can rise 233% in its presale token on launch day. Watch out for Raboo! Dogwifhat Holders Are Looking For Alternatives Dogwifhat is a popular meme coin held by many investors and there has been an uptrend in its value judging from when it started. However, the trend in the value of Dogwifhat recently hasn't favored those who hold this coin, especially recent buyers. The value of a Dogwifhat is $3.43 and in the last 24 hours, there has been a 2.3% drop in value. The recent bearish movement of the coin has made the coin holders fear that they might lose a lot and has caused them to look for better options that will give them a better return on their investment. Floki Rises 30% in Value Following the latest uptrend, Floki has hit the highest value it has ever been since its launch. This rise has exposed the Floki to the general public and has made it one of the best coins to buy now in 2024. The value rise of Floki has caused crypto enthusiasts to invest their money into it. However in the last 24 hours, there has been a 4.6% drop in value and the coin now trades at $0.00031 per token. Recent buyers hope the recent drop in value is just a glitch and expect that the uptrend will continue. They also won't pass on the opportunity to invest in other meme coins that show a promising future. Raboo Storms The Market Raboo is a top digital coin built by the best developers. It is a new AI meme coin expected to burst into the crypto market soon. Experts say Raboo is one of the best coins to buy now especially if you are a newbie in the crypto world or a veteran hoping to make the most of meme coins. The exciting thing about Raboo is that you don't have to wait till its launch day before you make returns. Raboo holders can grab exciting $RABT tokens and win exclusive rewards when it is launched into the market. Raboo has been looked into by many analysts and they have given nothing but positive reviews. They predict that Raboo will overtake many meme coins including Dogwifhat and Floki before the end of 2024 and in years to come, it will be one of the leading coins in the market. At the moment, Raboo’s presale token goes for $0.0048 and it's in the fourth Stage of presale. There are already over 8,000 registered users and you can be a part of this great community. Be a part of this community and earn while you interact. Conclusion Investors of Dogwifhat and Floki now see Raboo as a better option to invest in. Aside from earning, Raboo comes with extra benefits that you shouldn't miss out on. You can participate in the Raboo presale here: Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 09, 2024 12:00 PM Eastern Daylight Time

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Ripple Selling 400m XRP, Price Dump Incoming? JASMY Fluctuates As Investors Shift To New Viral Contender

Total Media

The longstanding Ripple (XRP) lawsuit is affecting XRP's trading price, and its investors are getting agitated. Apparently, Ripple could be facing a long year in the crypto market with all the token dumps this year. The other option is not so great either, as JasmyCoin's recent pumps and dips have left the long-term users in doubt. Here's a bit on the upcoming meme giant. Ripple is facing even grimmer times ahead in the crypto market If you thought XRP was in bearish waters, the next few weeks are about to get rougher. And it has a lot to do with the ongoing legal battles with the Securities and Exchange Commission. Already, Ripple's place among the top altcoins is threatened. About two weeks ago, some whale accounts dumped their tokens on BitStamp and Bitso, amounting to about $50 Million worth of XRP. While many thought that it might just be Ripple unlocking more tokens, there's been a more recent three-billion-dollar offload from the Escrow account to Ripple's wallet. The huge Ripple price movements have been suspect among Ripple whales, and there could be sell pressure on the XRP token following such activities. So far, Ripple hasn't offered any explanation for the huge movements, and XRP is still on a 0.33% loss after a largely unremarkable month. JasmyCoin (JASMY) might not be the alternative investors expect JasmyCoin hit the crypto news with its pump two weeks ago, which has helped JASMY to 99% monthly gains. May was a great month for JASMY, but the token fell due to token dumping early in June. DWF Labs deposited about 97 million JASMY tokens ($3.3 million) on Binance over the past three days, resulting in a dip in JasmyCoin's timeframes at every deposit. The cascade didn't end there, as many more JasmyCoin traders have also decided to cash in on the token. The profit-taking has eaten into the JASMY price pump throughout May, and the token is now down to 2.24% on the daily chart. The effects of large token holders could affect traders, and many investors are already off to the next big thing in the crypto market. Thankfully, it's not too far away; Raboo's presale is here! Raboo is a more consistent bullish option for summer traders Raboo opened the summer with $0.003 on its presale, and everyone expects a spike of 233% from the event. The $RABT token has pumped to 60% profits, as each token now goes for $0.0048. The meme project will leverage AI to create memes fit for entertainment. Unlike its meme counterparts, Raboo plans to keep the meme stream fresh every day. With even funnier memes, $RABT is set to become the next best thing in the crypto-verse. The traffic that will hit the platform could bring a pump to outpace Dogecoin's surge in 2021. However, profits are not all Raboo has its sights on. The members of the $RABT community are the first beneficiaries of the ecosystem. They have a chance to monetize their social media posts through Raboo, as the generative AI is on hand to convert all that content into profits. Conclusion The fun part about Raboo is that you can start earning even more $RABT tokens as soon as you get some of yours from the presale. The project is in Stage 4 of presales and going for $0.0048. Stage 1 investors are already pocketed 60% ROI, and Raboo could turn in 100x gains once it lists. With its AI use cases, your Raboo investments are set for life. You can participate in the Raboo presale here: Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 08, 2024 05:55 PM Eastern Daylight Time

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Royal Charter Elevates European-American University's Educational Offerings

Rev Up Marketers

European-American University, an institution committed to excellence for more than 20 years, proudly upholds its Royal Charter, marking its recognition and credibility in the educational arena. This esteemed recognition, combined with the university's authorization under the statutes of the State of Florida to award religious degrees, as well as its registration as a private higher education provider in France (Ecole Superieure Euro-Americaine), places European-American University among the ranks of universities with a truly global footprint. "Receiving a Royal Charter of Incorporation from the King of the Bunyoro-Kitara Kingdom and achieving international validation are significant milestones for European-American University," stated Professor John Kersey, Chancellor. "These recognitions not only honor our educational commitment but also reassure our students and partners of the quality and legitimacy of our programs. I'm very proud of the fact that we have a presence on three continents." The Royal Charter is a testament to the university's adherence to high standards of educational excellence and its contribution to academic scholarship. In addition to the Royal Charter, European-American University holds a wide range of recognition and accreditation agreements with institutions worldwide. These partnerships and recognitions validate the university's programs, allowing graduates to leverage their degrees on a global scale and enhance their professional and academic opportunities. The university offers a diverse array of degree programs at the associate's, bachelor's, master's, and PhD levels across various disciplines, including business, humanities, and the arts. Some programs are delivered through a flexible, distance learning format that allows students to balance their studies with personal and professional commitments. Some programs even allow students to get a degree entirely through their previous life experience without taking any additional classes or exams at all. These experience-based degrees are based on the Validation des Acquis de l'Experience (VAE) framework which was codified into French law in 2002. Prospective students can learn more about the validated and recognized programs offered by European-American University by visiting https://www.europeanamerican.university/. About Ecole Superieure Euro-Américaine Ecole Superieure Euro-Americaine is a premier private higher education institution based in Paris, France and is the French division of European-American University. Dedicated to blending European and American academic traditions, European-American University offers a diverse range of programs designed to foster critical thinking, global awareness, and professional development. For over 20 years, European-American University has provided accessible and innovative educational opportunities to students worldwide through flexible learning approaches, including both residential and distance learning options. The institution also offers unique programs that recognize and credit life experiences, allowing students to leverage their professional and personal achievements towards earning a degree. For more information, visit www.europeanamerican.university or contact secretariat@europeanamerican.university About the author: With more than 20 years serving at European-American University, originally as the school's President and Director of Academic Affairs, and now as its Chancellor, John Kersey is renowned for his educational leadership. He has been instrumental in developing programs that blend rigorous academic standards with practical applications, serving students across the globe. Contact Details Ecole Superieure Euro-Americaine Professor John Kersey secretariat@europeanamerican.university Company Website https://europeanamerican.university/

June 08, 2024 03:06 PM Eastern Daylight Time

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News Release

Willow Bioscience Announces 3 Million dollar Fundraising to Support Partnership with Laurus Labs

Willow Biosciences Inc.

Willow Bioscience CEO Dr Chris Savile joined Steve Darling from Proactive to share the company's plans to raise approximately $3 million. This capital will be used to support Willow Bioscience's recent partnership announcement with Laurus Labs. Dr. Savile explained that the deal with Laurus is a multi-product development and licensing partnership with a leading research-driven pharmaceutical and biotechnology company. Laurus Labs, with a market cap of $3.9 billion, serves global pharmaceutical companies and offers Contract Development and Manufacturing Organization (CDMO) services. Since its inception, Laurus has commercialized over 80 products and operates nine manufacturing facilities, including those with fermentation capabilities. Willow Bioscience aims to leverage its AI-driven technology platform and extensive expertise in enzyme, strain, and process engineering to develop biobased processes for high-value Active Pharmaceutical Ingredients (APIs). This includes Willow’s BioOxi™-based corticosteroid processes, intended for large-scale manufacturing, sales, and distribution at Laurus Labs. The first programs from this partnership are expected to reach commercial manufacturing by 2025. The planned fundraising will provide the necessary capital to advance these initiatives, ensuring that Willow Bioscience can effectively collaborate with Laurus Labs to bring innovative biobased pharmaceutical solutions to the market. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

June 07, 2024 12:27 PM Eastern Daylight Time

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News Release

Horizon Copper CEO Discusses Strategic Portfolio Expansion and Future Plans

Horizon Copper Corp

Horizon Copper CEO Erfan Kazemi joined Steve Darling from Proactive to share insights into the company's robust portfolio and strategic future plans, emphasizing a focus on copper assets. Horizon Copper is dedicated to building a strong portfolio of copper projects. The company currently holds interests in three major copper assets. One of their notable investments includes a 1.7% stake in the Antamina mine, which is the third-largest copper mine globally. This asset is not only generating cash flow but also recently had its mine life extended by over a decade. The approval of Antamina's Environmental Impact Assessment (EIA) could potentially further boost its cash flow. Another significant asset in Horizon Copper's portfolio is its interest in the Oyu Tolgoi mine, which is anticipated to become the fourth-largest copper mine in the world. This project is expected to start generating cash flow by 2027, with long-term production forecasts spanning several decades. Horizon Copper's third key asset is the Hod Maden project, which is notable for its discovery and is expected to enter commercial production within a few years. Kazemi emphasized Horizon Copper's strategy of partnering with large, reputable companies like Rio Tinto to diversify and expand their portfolio continuously. The company is also actively seeking new acquisitions to ensure steady, long-term returns for its shareholders. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

June 07, 2024 12:07 PM Eastern Daylight Time

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Loneliness Crisis Being Faced by Older Americans: AmeriCorps Seniors Believes Volunteering Fosters Connections and Conquers Loneliness

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/dcH7-VsQaYQ Older adults are especially vulnerable to loneliness and social isolation, which can have a serious effect on health, according to a recent report issued by the U.S. Surgeon General. Chronic loneliness (persistent feelings of isolation and/or a lack of companionship) can adversely affect mental, cognitive, and physical health, general well-being and even longevity. However, there are ways to overcome loneliness and volunteering might be the answer. AmeriCorps Seniors is helping older adults form connections in their community, provide purpose and improve their lives through volunteering. After two years of volunteering with AmeriCorps Seniors, 78% of those who reported more than five symptoms of depression at the beginning of the study said that they felt less depressed two years later. Of those who first described a lack of companionship, 88% said they felt less isolated after two years. AmeriCorps is the federal agency for national service and volunteerism. AmeriCorps Seniors focuses on engaging adults ages 55 and up in service in their local communities. Through three signature programs, RSVP, the Foster Grandparent Program and the Senior Companion Program, AmeriCorps Seniors provides a space for older adults to take charge of this moment in life and use their time in impactful ways. Each year, AmeriCorps Seniors matches more than 140,000 Americans with service opportunities. For example, Shelley Brosnan, a volunteer with AmeriCorps Seniors RSVP through Volunteer Fairfax, Fairfax, Va., said, “Giving back is so very important. I’ve been volunteering for most of my adult life. Volunteering allows me to connect with my community and make it a better place. I also love the social aspects and meeting people who share my interests. We have a chance to help others and form new relationships, which has grown my social circle.” RSVP offers flexible scheduling and a diverse mix of opportunities. The Foster Grandparent Program pairs volunteers with children and youth in mentoring and tutoring relationships. Lastly, the Senior Companion Program provides a helping hand to other older adults and those with disabilities. They also support caregivers through respite services. For more information and to find volunteer opportunities near you, visit AMERICORPS.GOV/YOURMOMENT. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 07, 2024 12:06 PM Eastern Daylight Time

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EuroPacific Metals Announces Amended Earn-In Agreement for Barrancos Copper-Gold Project

Europacific Metals Inc

EuroPacific Metals CEO Karim Rayani joined Steve Darling from Proactive to announce an amendment to the company's earn-in and partnership agreement with BMP Holding and Indice Crucial Lda for the Barrancos copper-gold project. This project comprises the Aparis Copper mine and the Lirio gold project, along with advanced exploration applications for the Bigorne and Vilariça copper-gold projects in northern Portugal. Rayani explained that the revised agreement allows for more funds to be directed towards ground operations. Under the new terms, EuroPacific Metals will pay BMP €15,000 in cash, issue 500,000 ordinary shares, and provide 500,000 warrants at 7.5 cents over five years to secure a 60% stake in Indice Crucial Lda (ICL). An additional cash transfer of €15,000 within the next three months will increase their participation to 80%. To acquire the remaining 20% and achieve 100% ownership of ICL, EuroPacific Metals must pay BMP €800,000 within five years of obtaining a mining license, with half paid in cash and the other half in EuroPacific shares. This new, more favorable deal structure aims to ensure that a greater portion of funds are allocated to on-ground exploration and development, enhancing the potential success of these promising copper-gold projects. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

June 07, 2024 12:04 PM Eastern Daylight Time

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