Espresso Group – Digital Division and Innogest SGR have teamed up to launch REinventures, a €10m venture capital initiative that aims to accelerate startups in the digital space.
REinventures combines the experience of Innogest SGR in venture capital with the Espresso Group’s publishing and multimedia expertise to provide selected startups with financial resources, media visibility and the competences they need to develop innovative digital products and services.
The investment strategy involves identifying opportunities in various sectors and at different stages of development, from the early stage to the late stage.
With its digital division, the Espresso Group aims to guarantee that its brands have a presence of excellence on PCs, Mobiles, Tablets and Net TV, deploying them on all platforms.
Led by Claudio Giuliano, Managing Partner, Innogest manages over € 160m to invest in seed, early stage and late stage SMEs. The firm has just held the second close of its latest fund at €70m.
FinSMEs
07/11/2014