Growth Capital supports Barberino’s in a €3M Series A round

10.11.22
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Growth Capital supported Barberino’s – the barbershop chain revolutionizing the barbering profession in Italy – in a €3 million Series A round.

The round involved the Fondo Rilancio Startup, managed by CDP Venture Capital SGR – Fondo Nazionale Innovazione, along with prominent figures from the Italian entrepreneurial scene, including Francesco Pinto, Chairman and Co-founder of Yamamay, who will take on the role of Non-Executive Chairman of the Board, and former footballer Claudio Marchisio, who will become the company’s brand ambassador. The transaction was structured as part of the A-Road acceleration and fundraising program.

The funds raised will be used to strengthen the brand’s presence in Italy, enhance operational capabilities to scale more rapidly, and initiate the company’s international expansion.

Barberino’s currently operates 20 directly owned barbershops in Italy, a franchise location in Seoul, South Korea, mobile Barber Corners, a Barber School to train the next generation of barbers, and two exclusive product lines featuring over 30 grooming, fragrance, and accessory items.