News
June 7, 2021 – New financing round from Banca Carige and Banco BPM in support of ArteOlio’s Tuscan olive oil
New medium-long term financing lines, for a total amount of euro 5.3m, have been provided to ArteOlio Società Agricola S.r.l. by a pool of banks made up of Banca Carige and Banco BPM, which acted as agent bank, to support a phase of acceleration in the development of the company. This funding round fits into a wider financing transaction initiated in August 2020 with the provision by Banco BPM of a first financing line of euro 5.9m. ArteOlio Società Agricola Srl is an innovative SME established in August 2019 in Grosseto and controlled by VERTEQ Capital, Milan-based private equity holding led by Ennio Valerio Boccardi. Thanks to this additional financing round, the financial resources raised by ArteOlio in the last 18 months to support the development of 500 hectares of land in Tuscany for the production and commercialization of premium-quality extra-virgin olive oil with the best innovative and sustainable techniques have reached euro 10.5 million in equity and euro 11.2 million in medium-long-term loan facilities.
Recent News
- December 18, 2023 – ArteOlio becomes “Benefit Corporation”
- November 15, 2023 – VERTEQ Capital consolidates in machinery components: Radici Products acquires Polis Termoplastici
- September 27, 2023 – ArteOlio completes €7-million bank financing third round
- May 31, 2023 – ArteOlio, €40 million bet on oil made in Italy
- April 17, 2023 – New appointment
- January 30, 2023 – VERTEQ Capital invests in Epilate, Italian leader in permanent hair removal
- November 14, 2022 – VERTEQ Capital invests in the industrial machinery components of Radici Products
- July 1, 2022 – Francesco Di Giovanni appointed member of the board of directors of VERTEQ Capital
- June 21, 2022 – New appointment
- November 15, 2021 – ArteOlio, VERTEQ Capital agricultural portfolio company, completes a new round of capital increase, bringing total equity raised to 15 million euro in 24 month
- July 1, 2021 – New appointment
- June 7, 2021 – New financing round from Banca Carige and Banco BPM in support of ArteOlio’s Tuscan olive oil
- December 15, 2020 – VERTEQ Capital doubles its investment in ArteOlio: second-round euro 5.0 million capital increase completed
- September 8, 2020 – Gellify acquires a majority stake in Bit2win from Accenture
- August 25, 2020 – Banco BPM alongside VERTEQ Capital in support of ArteOlio
- June 10, 2020 – Azimut launches fund focused on digital startups in partnership with Gellify
- March 30, 2020 – VERTEQ Capital exits 2016 S-Solar investment for 22% IRR
- November 20, 2019 – Euro 15 million investment round for Gellify
- October 1, 2019 – ArteOlio, 5.5 million capital increase: private equity holding VERTEQ Capital invests alongside founders
- July 22, 2019 – New appointments