Linfa Fund
Via Melone, 2, Milano, 20121, Italy
Overview
Riello Investimenti is a private equity investment firm. The firm prefers to invest in Italian small and medium enterprises within the manufacturing, healthcare, energy, media, and logistics sectors. It was founded in 2001 and is based in Milan, Italy.
- Total investments
- 4
- Lead investments
- 2
- Investments · 12mo
- 3
- Active investors
- 3
Investment portfolio
- Vinhood
Led · Equity · Jul 2026
Vinhood has built a proprietary platform that captures and leverages consumer taste profiles to inform product choice and development. The platform rests on three assets: a knowledge base with more than three million taste profiles, a methodology that integrates sensory science and artificial intelligence, and an activation system that supports consumers in discovery, choice and consumption. Vinhood is active in over 45 countries and positions taste as a new dimension for understanding consumers. Following the €3 million investment led by Linfa, the company plans to strengthen its platform, expand into new product categories and markets, and grow its international presence. The article did not disclose revenue, profitability, or prior funding details.
- Foreverland
Participated · Equity · Mar 2026
Foreverland develops industrial-scale, cocoa-free ingredient solutions intended to replicate the taste and functionality of chocolate; its flagship product Choruba is made from Mediterranean crops such as carob. The company positions its offerings as a way to reduce cocoa supply-chain risks, address price volatility, and mitigate climate-related pressures on cocoa farming. Foreverland has achieved IFS Food certification and reports accelerating demand from confectionery manufacturers. It aims to enable manufacturers to maintain production stability while offering more stable pricing and lower environmental impact. The company plans to expand commercially across Europe, strengthen partnerships with major confectionery players, recruit senior talent from the cocoa and chocolate industry, and expand its product portfolio to include an organic cocoa-free line. To date it has raised a total of €9.4 million in funding.
- Finapp
Led · Series A · Nov 2025
Founded in 2019 as a spin-off of the University of Padua’s Applied Nuclear Physics Department, Finapp builds and sells patented probes that use Cosmic Ray Neutron Sensing (CRNS) to quantify water in soil and snow by detecting cosmic-ray generated neutrons. The technology delivers real-time, wide-area readings of soil moisture and snow-water equivalent, enabling precision agriculture, environmental monitoring, early warning for landslides, floods and fires, and leakage detection in water networks. Finapp has achieved operational breakeven within six years and has deployed devices on every continent, including Antarctica. The company has earned accolades such as the EU’s EIC Accelerator award, the UN’s AI for Good recognition, and a prize at COP28. Proceeds from the latest funding will be used to open new offices in France and the United States, scale the team to meet international demand, and expand production and R&D capabilities in Italy. Finapp aims to globalize its water-measurement solutions and accelerate industrial growth while promoting sustainable water management worldwide.
- ExoLab Italy
Participated · Series A · Feb 2025
ExoLab Italy develops products and applications based on plant-derived exosomes extracted from organic Italian fruits and vegetables. Its exosomes are vesicles that carry antioxidants, vitamins, proteins, lipids and plant-specific nucleic acids and can be loaded with exogenous molecules to achieve high delivery efficiency. The company targets functional actives markets—particularly cosmetics and dietary supplements—and supports research and development of drug-delivery systems. ExoLab Italy raised €5M in a Series A financing. The company intends to use the funds to increase production capacity and to offer new opportunities for advanced research projects. ExoLab Italy was founded by Mariantonia Logozzi, Stefano Fais, Lorenzo Cilli and Valerio Carconi and is led by CEO Gabriele Campi.