Observed Signal · May 28, 2024 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
European Hardtech VC Rialto Ventures Raises €55M Fund
Rialto Ventures, an Italian hardtech venture capital firm, has secured over €55 million in funding and deployed more than half of it across eight investments in European B2B tech startups. The fund targets Series A stage founders in sectors including developer tools, robotics, non-gen AI, cybersecurity, AR/VR, enterprise SaaS, tech-enabled healthcare, and cloud services. General Partners Simone Brunozzi and Stefano Quintarelli bring extensive experience, with Alessandro Profumo joining as Chairman and Partner. Portfolio companies include AIDEM, a privacy-first demand-side platform for B2B advertising, K-Sport, Keyless, Medicilio, Platformatic, V-Nova, and Roboze. The fund aims to reach €100 million for 'Rialto I' and focuses on supporting European founders before they seek funding in the US.
New European VC fund raising €55M+ with an AdTech portfolio company (AIDEM), supporting European founders in hardtech and B2B sectors. Moderate relevance to AdTech industry.
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Key Takeaways & Evidence Grounding
- Rialto Ventures secured over €55 million in funding for its 'Rialto I' fund.
- The fund has completed eight investments, with more than half of the capital already deployed.
- Rialto targets European founders at Series A stage in B2B tech verticals.
- Alessandro Profumo joined Rialto as Chairman and Partner.
- Portfolio companies include AIDEM, K-Sport, Keyless, Medicilio, Platformatic, V-Nova, and Roboze.
Connected Companies & Entities
4 Entities mapped“AIDEM, the privacy first demand-side platform for B2B online advertising...”
“returning highly successful exits, including Replit...”
“former CEO of UniCredit...”
“Brunozzi was formerly a Senior Tech Evangelist for AWS...”
Ontology Mapping & Concepts
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