We’re pleased to have supported Wetacoo as financial advisor in their closing of a €3.4 million Series A round.
Wetacoo is an Italian startup transforming the storage and moving sector through on-demand storage services and RFID technology. With operational offices in Rome and Milan, Wetacoo combines a proprietary technological platform with an integrated logistics service that handles every phase from collection to storage, including disassembly, packing, and transport.
The round was led by VC Partners SGR S.p.A. – Gestore EuVECA, with participation from nearly all existing shareholders. The round also included the conversion of a previous investment into equity by CDP Venture Capital SGR.
The funding will support continued geographical expansion within Italy with the goal of exploring international markets in the future, keeping a strong focus on B2B channels.
“Wetacoo operates in a rapidly evolving market, with highly promising technological and logistical dynamics. The company has shown strong execution capabilities and a clear vision, and we are confident it has all the right qualities to become a leading player at the European level,” commented Marco Meoni, Vice President of Growth Capital.