November 20, 2019 – Euro 15 million investment round for Gellify

Azimut, alongside a club deal of investors from the ICT industry and corporate venture capitals, has taken part to an investment in Gellify. The SGR participated as lead investor in a Euro 15 million capital raise aimed at Italian and international growth of the platform. The resources will allow new investments in B2B start-ups. Gellify and Azimut will also launch a closed-end alternative investment fund reserved to professional clients and HNWI that will invest in the equity of B2B Software-as-a-Service start-ups mainly operating in four verticals of the ICT industry: industry 4.0, Ai, IoT, Blockchain and cyber security. Gellify is a company that selects and invests in innovative start-ups in the digital industry helping them to grow and connect with consolidated companies in the perspective of open innovation. Gellify was launched in September 2017 by Fabio Nalucci, Michele Giordano and Gianluigi Martina. In 18 months, the company has invested Euro 12 million and built a portfolio of 22 start-ups, among which the last one has been Entando.


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