Inside the $5 Billion MoneyFarm Expansion, AutoConnexa, iGenius and Sovereign AI - December 12, 2024
AutoConnexa, an insuretech startup, raised €2.2m from CDP VC and business angels.Kinsect, a startup producing insect-based sustainable proteins, 🇮🇹raised €1m from Farming Future, Terra Next, Agrox, Forest Valley.Restworld, a company matching demand and supply for work in the hospitality and restaurant sectors, 🇮🇹raised €650k in equity and €350k in debt. Day Ristoservice led the equity round.Moneyfarm acquired Willis Owen, an investment platform. The company reached £5b in assets under management.Textile Solutions Group 🇮🇹acquired Limonta Informatica.iGenius unveiled Colosseum: one of the world’s largest NVIDIA DGX AI supercomputers with NVIDIA Grace Blackwell Superchips. Just, wow.