NOB-Imatra Attracts CDP Venture Capital's Investment in €8M Round
Deal News | Feb 18, 2025 | CDP Venture Capital
CDP Venture Capital has invested in NOB-Imatra, a fintech and sportstech startup, as part of a capital raise totaling 8 million euros. The investment round includes private investors alongside the startup's founders. Imatra focuses on engaging the global cycling community by offering a proprietary digital cashback system, Imatra Coin, which can be used on its marketplace featuring premium cycling and lifestyle brands. NOB-Imatra, led by founders Manolo Bianchini and Luca Celli, has reached economic break-even in 18 months and projects positive cash flow by the end of 2024. CDP Venture Capital's Enrico Fil highlights Imatra's potential to convert physical activity energy into goods and services, promoting a healthy lifestyle. The deal involved numerous advisors, including SRI Group Global, Studio Villa e Associati, and Curtis, Mallet-Prevost, Colt & Mosle LLP.
Sectors
- Fintech
- Sportstech
- Venture Capital
Geography
- Europe – The article highlights the significance of the European market, particularly in terms of cycling services valued at over 21 billion euros.
- Italy – NOB-Imatra, advised by various Italian firms, and CDP Venture Capital, an Italian investment firm, are both central to the article.
Industry
- Fintech – The article discusses NOB-Imatra's development of a digital cashback system and integration of digital currencies in the lifestyle and cycling sectors.
- Sportstech – NOB-Imatra focuses on enhancing the cycling experience through digital technology, connecting cyclists and offering a specialized marketplace.
- Venture Capital – CDP Venture Capital, a key participant, is engaged in venture capital investment which is central to the article's theme.
Financials
- 8 million euros – The total capital raised in the funding round involving NOB-Imatra and CDP Venture Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NOB-Imatra | Target Company | Company | A digital fintech and sportstech startup focused on engaging cyclists with a digital currency and marketplace. |
| CDP Venture Capital | Investor | Company | A venture capital firm leading the funding round for NOB-Imatra with an 8 million euro investment. |
| SRI Group Global | Advisor and Deal Arranger | Company | Provided financial and corporate investment banking advisory to NOB-Imatra. |
| Spada Partners | Financial and Tax Advisor | Company | Advised CDP Venture Capital on financial and fiscal aspects. |
| Curtis, Mallet-Prevost, Colt & Mosle LLP | Legal Advisor | Company | Provided legal advisory services to CDP Venture Capital. |
| Studio Villa e Associati | Legal Advisor | Company | Provided legal advisory services to NOB-Imatra. |
| Mascherpa e Associati | Financial and Tax Advisor | Company | Provided financial and fiscal advisory services to NOB-Imatra. |
| Fintech Partners | Investor | Company | Early investor in NOB-Imatra and part of the SRI Group. |