CBA advises Considi on Open Venture's investment in Quindi
CBA Studio Legale e Tributario, LP Avvocati and Adacta Tax & Legal advised the parties involved in the transaction that enabled Open Venture, a venture capital vehicle born within the Open Advisory ecosystem of the ELIS group, to acquire equity in Quindi S.r.l., an innovative SME revolutionizing the smart manufacturing sector with its Production Copilot. The deal represents the first tranche of a seed funding round. Open Venture joins Considi S.p.A. (a Benefit Corporation), already a founding shareholder and a leader in Italy in Operation & Innovation Management.
CBA Studio Legale e Tributario advised Considi with a team led by partner Ilaria Antonella Belluco and senior associate Alessia Crozzoli, while LP Avvocati advised Open Venture, with partners Alvise Baldassari and Stefano Leuci. Adacta Tax & Legal supported the other founding shareholders with a team headed by Riccardo Carraro and Giuseppe Valerio.
Since 2022, Quindi has developed the Production Copilot, an artificial intelligence solution that integrates data from machinery, orders, and personnel to optimize production workflows. This technology enables real-time identification of critical events and proactive responses, improving operational efficiency and reducing waste of time, energy, and resources. Already adopted by leading companies such as Bianchi Bicycles and EPTA Group, the system promotes more sustainable and human-centered manufacturing, aligned with the principles of Industry 5.0.
This financing marks the beginning of a seed funding round expected to conclude by 2025, aimed at supporting Quindi's technological development, team expansion, and entry into international markets. With the smart manufacturing market growing at a compound annual rate of 18% and projected to reach $235 billion by 2028, Quindi aims to strengthen its position as a technological frontrunner in the smart manufacturing landscape.