The start-up focuses on the sports tourism market, already operates in several European markets and aims to expand into the US and Asia.
The quarterly report by the Italian Venture Capital Observatory shows that investments in start-ups have not grown as expected.
The scaleup receives funding from Equiter's Fondo Tematico Turismo fund, controlled by Intesa Sanpaolo, FNM and the founders.
The merger between the two companies creates one of Europe's leading fashion and lifestyle groups.
The scaleup and the company that manages digital infrastructure launch a service that integrates distributed cloud and data centres in various Italian cities.
The start-up develops recyclable materials and is committed to building the first fully recyclable sailing boat.
The Wise Cortical Strip is now approved by European, US and Australian authorities and is the startup's flagship product.
With this new round led by CVC, the company has effectively earned the title of unicorn, now worth over a billion dollars.
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