d-orbit secures a new round of investment from como venture & quadrivio capital sgr

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Building Global Innovators Accelerator (BGI) is proud to announce that D-Orbit, a Finalist from the 3rd edition has successfully secured a new round of investment from two Italian venture capital investors Como Ventures and Quadrivio Capital SGR.

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Page 1: D-ORBIT SECURES A NEW ROUND OF INVESTMENT FROM  COMO VENTURE & QUADRIVIO CAPITAL SGR

D-ORBIT SECURES A NEW ROUND OF INVESTMENT FROM

COMO VENTURE & QUADRIVIO CAPITAL SGR

December, 11th 2014, Lisbon: Building Global Innovators Accelerator (BGI) is proud to announce that D-Orbit, a Finalist from the 3rd edition has successfully secured a new round of investment from two Italian venture capital investors Como Ventures and Quadrivio Capital SGR.

D-Orbit develops smart propulsive devices to be installed on satellites before launch and able to properly remove them at end-of-life in a quick, safe and controlled way, delivering benefits to satellite operators and to our society. Created in 2011 it took about three years to became an international startup with a solid presence in Europe and in the USA, to qualify its innovative device, to secure important commercial partnerships and to obtain support and recognition from space agencies all over the world, including, among others, ASI, ESA and NASA. The startup has now successfully obtained a new round of investment from two Italian venture capital investors: Como Venture and Quadrivio Capital SGR. Although the sum was not released it will allow them to accomplish the development agenda. But the fundraising process does not end with this round, it will continue in 2015 with the aim of attracting new Italian and foreign investors. Quadrivio Capital SGR, one of the main VC groups operating in Italy, through the venture capital fund TT Ventures has been supporting D-Orbit since the beginning. The company has raised, up to date, about €2.5M. This new round proofs the value the company has created so far and the fund’s willingness in helping them to reach for other investors to secure the successive series of investment. Como Venture scouting for disruptive, high-tech projects with high growth potential joins the round and the team, co-investing. Luca Rossettini, first founder and CEO of the company, has publicly thanked Quadrivio for the support it has given to the company growth in these years, Como Venture which will allow D-Orbit to quickly develop its commercial and technological progresses and so to become a leader of decommissioning systems for space, BGI as one of the first accelerator to have believed in the company and to have made possible the creation of Portuguese subsidiary specialized on critical software and Caixa Capital that supported D-Orbit operation in Portugal. “We provide satellites with an intelligent propulsive motor’— Rossettini says —“but we, as the real motor of this project, need as much fuel and Quadrivio, Como Venture and Caixa Capital are what we really needed. In D-Orbit we like velocity and the fuel we are going to find in 2015 to speed up our motor, will really take us in orbit.” For further information please contact D-Orbit via [email protected] or BGI via [email protected]

About Como Venture Como Venture invests in innovative high technology and growth potential, by acquiring shareholdings in the capital, for an average period to long. Como Venture operates in synergy with the Science and Technology Park ComoNExT, where laboratories and research centers foster technology transfer for innovative companies settled. About Quadrivio Capital SGR Quadrivio is a leading Private Equity Group in Italy with over 60 professionals and around €1B of assets under management. The Group currently manages 11 funds and 3 advisory mandates with dedicated teams focused on: Buy-out & Growth capital, Venture Capital, Energy, Fund of funds and Real Estate. About Caixa Capital Caixa Capital is the Private Equity and Venture Capital fund management company of Portugal's largest banking group Caixa Geral de Depósitos, present in over 20 countries and with assets above €120 billion. It is a leading investor currently with more than €750 million under management and a portfolio of over 80 investments. About BGI BGI is a global Tech Transfer Accelerator (TTA) directed at would-be tech entrepreneurs and Innovators focused on 4 verticals: Med Tech & Health IT, Smart Cities & Industrial Tech, Enterprise IT & Smart Data and Ocean Economy. Launched in 2010 it has 50 alumni companies in its portfolio which have raised close to €27 million and created 200 jobs.