Newlisi S.p.A. is pleased to announce the closing of its latest funding round

By December 6, 2013 June 3rd, 2017 Portfolio

Newlisi S.p.A. is pleased to announce the closing of its latest funding round. Beautiful Mind Capital (Europe I) Ltd., a European-focused   Chinese private equity fund, has joined Newlisi’s existing investors, 360 Capital, Atlante Ventures and Micheli Associati. The capital raise will enable Newlisi to accelerate growth in its core European markets with leading food, beverage and dairy clients while also opening up  the Chinese market.

Antonio Capristo, CEO of Newlisi, commented: “This capital raise will allow us to take Newlisi to the next stage of growth where our Zero Sludge solution is highly valued by our key clients.”

Diana Saraceni, General Partner of 360 Capital, added “We are very excited to welcome Beautiful Mind Capital as a co-investor in Newlisi as we build out our industrial and municipal replica louis vuitton handtaschen applications. Our core technology answers very pressing demand both in Europe and in China and we look forward to accelerated growth.”

Vivian Wang, Founding Partner of Beautiful Mind Capital, commented “We believe Newlisi’s unique technology meets fast growing demand for sludge treatment in China. We are committed to helping Newlisi with its planned expansion in China by leveraging Beautiful Mind Capital’s wide network in China.”

GP Bullhound acted as the sole financial adviser to Newlisi.

Here you can read the Press Release.