Supermercato24.it, a Verona, Italy-based Instacart clone, won the €360k seed investment award of the 360 Capital Partners‘ 360by360 Competition.
The award was provided in the form of convertible note.
Led by Enrico Pandian, CEO, Supermercato24.it is a grocery delivery service that allows consumers to choose and buy products from their favorite grocery chains. The startup just raised €155k in angel funding to expand in additional cities across Italy (read here). The round had valued the company at €1.65m.
Investment advisory firm U-Start presented Supermercato24.it as their own “Champion”.
The list of finalists included 1Control, Gromia, Quokky, Redooc, Formabilio, Mamaclean, GIPStech, BnbSitter, Checkbonus, Cleerk, Stamplay, Beast Technologies, Gnammo, Sporteevo, and Xceed.
FinSMEs
07/01/2015