The start-up has developed a platform for distributing music in spaces open to the public
With this transaction, the scale-up, which also operates in Italy with 18,000 customers, reaches a valuation of €1.5 billion
The scale-up becomes a decacorn thanks to a new round of equity investment that values it at $11 billion
The transaction is led by Azimut Venture Capital Digitech Europe with the participation of Diapason Prime and Fnd XI
The biotech company sells shares worth a gross value of $15 million to US investment funds, placed by Maxim Group and Rodman & Renshaw
The Italian scale-up continues to grow through acquisitions with the support of numerous Italian and international banking institutions
The start-up has completed laboratory testing in the Netherlands and is now moving to a trial site in Reggio Calabria
The transaction allows the European scale-up to continue its expansion process across the continent, including Italy
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