The People: Renzo Rossos Pink Circle Investments Enters Bending Spoons


It makes long-term investments in diversified sectors, primarily in Europe, the US and in the emerging markets. Red Circle Investments is involved in exploring new, progressive and high-potential sectors. The firm’s current funding portfolio ranges from the digital world , to meals and eco-tech , through eyewear , and tech-med , just to name a couple of. Red Circle Investments, Renzo Rosso’s private funding company, has announced its entry into the capital of Bending Spoons, an Italian company that develops mobile functions.

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Red Circle Investments, Renzo Rosso’s funding company, enters the capital of the food-tech firm, based in 2011 by Marco Porcaro. The entrepreneur, founder of the Diesel model and president of the Otb style group, also nicki swift actress joins the board of administrators of Cortilia. This website might include movies where the feedback had been valid on the date the video was recorded.

In 2009, Rosso, along with Millennium Promise, began supporting the event of the Only The Brave Millennium Village, in Dioro, Mali. Entrepreneurship to this collaboration, all driven by a passion to finish extreme poverty.” Following the chapter of the historically famend Vicenza Calcio soccer group, Renzo Rosso took over the enterprise unit by way of its liquidation public sale and formalized its buy on June 18, 2018. Rolf Snoeren of Viktor & Rolf said “Rosso is exclusive, a businessman who is also inventive and would not intrude with our aesthetic and quality-control. He is the proper fit”. In thesame time you shall not use vulgar, abusive or defamatory language in addition to expresshatred or call to violence or cruelty.

The company grew its user base threefold in 2021 and expects “triple-digit growth” in 2022. For context, that’s still less than 10% of the money that went into France or Germany. Live from New York and Hong Kong, bringing you the essential stories from the shut of the U.S. markets to the open of buying and selling across Asia. More than half of Serie A revenues come from broadcasting rights, however the league lags the monetary heavyweights of England’s Premier League, La Liga in Spain and the German Bundesliga. With the coronavirus crisis slashing matchday revenues by forcing teams to play without supporters, television broadcast rights have turn out to be much more vital to Europe’s big league golf equipment.

Currently the corporate collaborates with over 250 small and medium-sized producers and employs 50 direct workers and over 200 collaborators in the associated industries. In 2021 it plans to inaugurate a new “green” headquarters of 50,000 sq. meters on the outskirts of Milan. The new financial sources will allow the corporate to extend its rate of growth, additional develop the footprint of its providers all through Italy, and put money into the newest applied sciences to proceed operating with the highest standards of high quality, safety and sustainability. On July 26, 2012, Rosso created the Brave Circle Fund to assist individuals hit by the 2012 earthquakes in Emilia-Romagna, Italy. A private endowment of 5 million euros was devoted to organising a micro-credit program for native people and small and medium enterprises who need assist in reconstructing properties and companies, but who usually wouldn’t have access to the normal banking system due to their lack of guarantees. At launch, Rosso said the aim was to fund “700–800 tasks with €5,000–50,000 each.”

Founded by enterprise companions Luca Travaglini and Daniele Benatoff, Planet Farms operates Europe’s largest vertical farm, which is positioned in Cavenago, in the outskirts of Milan. The farm can be the old continent’s most superior by means of technology and automation, having the flexibility to produce salads and aromatic herbs by using 95 and ninety p.c much less water and soil, respectively, in comparability with traditional farming. In addition, Planet Farms — which was awarded by Confagricoltura, considered one of Italy’s most necessary farming associations, with the nationwide prize for progressive farming — doesn’t employ any chemical substances, including pesticides and herbicides. Cortilia additionally introduced that it has updated its Articles of Association to officially turn into a benefit company, a authorized type of firm that allows a for-profit organisation to steadiness the importance of delivering public benefits, with profits for shareholders. Cortilia, a Milan, Italy based mostly online high quality contemporary food firm, closed a €34m Series C round of financing.

Spumante365, a web-based retailer of Italian sparkling wine that Marco Duò created, goals to raise 1 million euros . The firm already attracted the resources of Salvatore Insinga, who defined to BeBeez that the transaction will consist in the placement of hybrid monetary devices. Spumante365 will make investments the raised useful resource in transitioning from a completely digital to a phygital strategy.