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$12.5M Late Seed

Cubbit is leading provider of geo-distributed cloud storage services in Europe with decentralized technology that ensures full data ownership and strong protection against natural disasters and cyber threats.

The $12.5M Late Seed was led by LocalGlobe and ETF followed by Verve Ventures, 2100 VC, Growth Engine, Eurenergia, Hydra, Moonstone and with follow-on by Primo Ventures, CDP VC and Azimut.

GC supported Cubbit in all stages of execution: investor management, definition of the transaction structure, negotiation of TS and investment agreement, and closing.

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$12.5M Late Seed
Headquarters
Bologna, Italy
Founded
2016
Sector
Software
Verticals
Cloud Infrastructure, Cloud Data Services