Quindi's Innovative Leap with Open Venture's Seed Investment
Deal News | Dec 09, 2024 | Legal Community Italy
Open Venture, a venture capital vehicle created within the Open Advisory ecosystem of the Elis Group, has made a strategic entry into the share capital of Quindi, an innovative SME operating in the field of smart manufacturing using artificial intelligence solutions. This transaction marks the first tranche in a seed funding round aimed at boosting Quindi's growth in AI-driven manufacturing technologies. The involvement of legal support from Lp avvocati, Cba, and Adacta tax & legal underscores the structured approach to this capital entry. Open Venture joins Considi, previously a founding shareholder of Quindi, enhancing the company's operational capacity and reinforcing its market position. Lp avvocati assisted Open Venture with partners Alvise Baldassari and Stefano Leuci. Meanwhile, Considi was represented by Cba, with Ilaria Antonella Belluco and Alessia Crozzoli handling the legalities. Adacta tax & legal supported other founding shareholders, further solidifying the collaborative effort through a team led by Riccardo Carraro and Giuseppe Valerio.
Sectors
- Venture Capital
- Smart Manufacturing
- Legal Advisory
Geography
- Italy – The involved legal firms and the venture capital firm Open Venture are primarily based in Italy.
Industry
- Venture Capital – The article highlights the venture capital investment made by Open Venture into Quindi.
- Smart Manufacturing – Quindi operates within the smart manufacturing sector, focusing on AI solutions.
- Legal Advisory – Legal firms Lp avvocati, Cba, and Adacta tax & legal were involved in facilitating the transaction.
Financials
- First tranche of a seed funding round – The investment marks the initial phase of funding for Quindi.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Open Venture | Investor | Company | A venture capital vehicle from the Open Advisory ecosystem of the Elis Group. |
| Quindi | Target Company | Company | An innovative SME specializing in smart manufacturing using AI solutions. |
| Considi | Existing Shareholder | Company | A founding shareholder of Quindi involved in the transaction. |
| Lp avvocati | Legal Advisor | Company | Represented Open Venture in the deal. |
| Cba | Legal Advisor | Company | Represented Considi in the transaction. |
| Adacta tax & legal | Legal Advisor | Company | Supported other founding shareholders. |