Led · Debt Financing · Jul 2026

Bending Spoons follows an acquisition-led strategy and focuses capital allocation primarily on acquiring and improving digital businesses. The company works to enhance acquired businesses’ operations, technology, product development, marketing and monetization and says acquisitions have been its primary focus for more than a decade. Its portfolio includes assets such as AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo and WeTransfer. As of March 2026, Bending Spoons served more than 500 million monthly active users and had over nine million monthly paying customers. The company said it has never sold a material business and aims to maximize long-term value per share through disciplined deployment of capital, primarily via acquisitions.

Participated · Seed · Jan 2026

Founded in 2025 by Patricia Achinca and Matteo Giunchedi, LIV4 develops a proprietary platform that understands technical contexts, interrogates enterprise data and automatically produces formatted, regulation-compliant documents. The system lets employees interact with quality data via natural language, reducing manual information retrieval, traceability checks and validation work. After starting in 2023 with a travel-sector prototype, the company pivoted to industrial quality where early pilots with Nupi Industrie Italiane and firms in Food & Beverage and Earth-moving have confirmed strong demand. The team currently numbers seven people and intends to hire additional tech and product talent to scale the solution into more regulated industries. Recent financing has provided €500,000 in pre-seed capital, giving the company runway to expand product features, grow partnerships and accelerate Italian market validation. While revenue figures have not been disclosed, the company is positioning quality management as a strategic asset that frees up human time, cuts errors and speeds decisions.

Led · Equity · Aug 2025

Gioia S.p.A. is a food retail group operating the Cioccolatitaliani and BUN Burgers brands. The company reported 77 points of sale through a mix of direct management and franchising across Italy and abroad. Founded in 2011, Gioia is pursuing a growth plan for 2025–2027 focused on innovation, sustainability, and brand development. To support that plan the company secured a financing aimed at consolidating its financial structure and enabling medium-to-long-term development projects. Management frames the transaction as confirmation of the company’s credible dialogue with financial institutions and the solidity of its business model.

Participated · Equity · Nov 2024

MODIFI provides B2B Buy Now, Pay Later (BNPL) and cross-border trade finance solutions that deliver instant working capital approval and integrated risk-management tools to protect against buyer defaults and fraud. The platform streamlines cross-border payments and aims to optimize cash flow for small and medium-sized exporters. Since its 2018 founding it has facilitated over $3 billion in global trade for more than 1,800 companies and operates in 55+ countries. MODIFI plans to accelerate expansion across Asia, including China and India, and deepen partnerships to support SME exporters. The company recently completed a $15 million strategic equity investment to fund growth and product rollout in high-growth Asian markets. As part of the partnership, MODIFI and SMBC signed a Memorandum of Understanding to jointly develop digital solutions for SME cross-border financing. Modifi operates a digital platform that helps exporters and importers facilitate cross-border payments, enabling suppliers to receive instant payments and buyers to defer payments for up to 180 days. Led by CEO Nelson Holzner, the company serves over 1,500 buyers and sellers across more than 50 countries and maintains offices in 11 locations including Amsterdam, Berlin, New York, Mexico City, Delhi, Mumbai, Shenzhen, Hong Kong, Singapore, Dubai and Dhaka. Founded in 2018, Modifi uses its platform to bridge liquidity between buyers and suppliers in international trade. The company received a $100M debt facility from HSBC Innovation Banking UK. Modifi intends to use the funds to expand operations and its business reach. The financing is structured as a debt facility to support growth and cross-border payment flows. Modifi is a global fintech that enables SMEs to finance and manage their international trades through a digital platform. The company serves over 1,000 buyers and sellers across more than 40 countries. It operates from nine offices in Berlin, Amsterdam, New York, Delhi, Mumbai, Shenzhen, Hong Kong, Dubai and Dhaka. Modifi intends to use the financing to expand its reach among SMEs that trade internationally on its platform. Led by CEO and co-founder Nelson Holzner, the company is upgrading its digital platform to expand the product offering beyond trade finance and consolidate trade-related activities in one place. The firm raised its Series B in September and is now pursuing additional capital in the form of this debt facility. Modifi is a New York City–based digital trade finance platform led by CEO and co-founder Nelson Holzner. The company provides SMBs with digital solutions to finance trades, protect against counterparty risk, and track and manage shipments across major trading regions. Its platform spans Europe, Asia, and North America—markets that represent roughly 80% of global imports and exports. Modifi serves over 1,000 buyers and sellers across more than 40 countries and operates nine offices in New York, Berlin, Amsterdam, Delhi, Mumbai, Dhaka, Shenzhen, Hong Kong, and Dubai. The company launched in the US, the Netherlands, and Bangladesh in the first half of 2021 after securing a $60M debt facility from Silicon Valley Bank. It plans to use the new equity funding to make major platform upgrades so customers can handle all trade-related activities in one place, including finding partners and managing FX risk. MODIFI is a Berlin-based fintech that fronts money for SMEs to pay or receive invoice payments, with terms commonly 30, 60 or 90 days and the option to finance outstanding invoices upon shipment. The company highlights the large unmet need in SME trade finance—about a 50% rejection rate that the article says equates to an annual funding gap of $1.5 trillion—and positions its platform as a digital alternative accelerated by the pandemic. MODIFI tripled its business over 2020 and expanded into China, Hong Kong, the UAE, Spain and most recently the Netherlands. The new funding is intended to address increased demand for existing marketing, continue growth, and push market penetration primarily in the US. Management says planned entrance to the US would position MODIFI as a digital trade finance platform operating across Europe, Asia and North America, covering roughly 80% of global imports and exports. The company has raised a total of $111 million in capital following the latest transaction.

Participated · Equity · Oct 2024

WithLess provides a software management platform for finance teams that uses AI to optimize software costs and structure procurement processes. The platform centralizes oversight of subscriptions to prevent duplicate or unused tools and to restore payment control to CFOs. Customers named in the article include MotorK, Qomodo, SmartPricing, Talent Garden, and UnoBravo, which reported significant savings after adopting the service. WithLess says it helps companies save over 30% on software-related costs and addresses industry waste estimated at 20–35% of software budgets. The team includes co‑founders Gianluca Treu and Thomas Alisi, with advisor Davide Dattoli, and hires from companies such as Adyen and Revolut. With the new funding the company plans to strengthen its sales force, further advance its AI using customer feedback, and expand commercially across European markets.