Startup Business: Startup Bakery closes its first investment vehicle at 1.95 million euros

Startup Bakery announces that it has completed the capital raise around its first Lab, its own investment vehicle, for a total of 1,950,000 euros with 1,200,000 euros added to the 750,000 euros raised at the end of 2020 thanks to the trust of 39 different investors.

“This first Lab helped us complete the validation of our startup studio model. Now we know for certain that it is a model that attracts both industrial and financial investors. Many invested even before the plans for the three startups that we will be launching took shape, a sign that for many investors the Startup Bakery proposal also represents a factor that helps mitigate the risk of starting up,” says Alessandro Arrigo to Startupbusiness…

Full article on startupbusiness.it