A new investor for Enry’s Island, the first Incubator & Accelerator according to the CrunchBase ranking (data Q3 2021). Key Capital to lead an investment of 500K euros to support the international scale-up plan and dual listings in its upcoming IPOs.
Enry’s Island, the first Italian Incubator & Accelerator according to the CrunchBase ranking, announces a new partner: Key Capital, the Italian investment company specialized in financing and supporting innovative businesses, enters the capital with a minority stake.
The action is part of the Enry’s Island scale-up plan that has already aroused interest from the international financial community, as highlighted by a € 20 million round by a top US-based private equity with a $ 10 billion investment portfolio.
Founded by entrepreneur Luigi V. Rinaldi, in the last three years, Enry’s Island has recorded average increases of + 350% on all main KPIs, with an increase in the value of the companies in its portfolio from € 5M (2018) to € 29.3M (Q4 / 20). To allow you to benefit from advantageous pre-IPO investment conditions, Enry’s Island has launched a crowdfunding campaign aimed mainly at internal stakeholders (employees, startups, and investors already in the portfolio). The result? 103.4% overfunding within hours of launch.
In this context, Key Capital will support Enry’s Island with the listing on two main European stock exchange and in its positioning itself as the first Incubation & Acceleration Metaverse in the world.
What are the plans for 2022? First of all, the implementation of the Metaverse technological infrastructure, through investments in the HUI scale-up, an EI portfolio company, so as to increase efficiency and effectiveness in the entire ecosystem
To further support the global expansion of Enry’s Island, and its international community of over 750 stakeholders, the plans further include investments in the real estate sector. Through the holding company Rinascimento 5 (R5) the most beautiful villages in the world will be selected and enhanced to offer stakeholders and the entire innovation community places to sleep, eat, work, and enjoy the highest quality of life.
“The investment is part of a broader Key Capital plan aimed at establishing a new path in seed capital. We have decided to enter Enry’s Island as strategic partners, as we have been impressed by its growth capacity and the solidity of its industrial plan, together with its growing image on the international scene and successful experiences.” said Giorgio Di Stefano, CEO and Founder of Key Capital.
“Our constant attention to the future has allowed us to plan the evolution of Enry’s Island ‘from Platform to Metaverse’ as early as 2018 – explains Enry’s Island CEO Luigi V. Rinaldi. – What Facebook has announced it wants to become for users of social networks, Enry’s Island will become for the global stage for venture capital startups ”.