UniCredit

Established renewable energy technologies for a greener future

Current-gen renewables

Enpal is a Berlin-based company that provides all-in-one renewable energy solutions consisting of solar panels, battery, wallbox, heat pump and energy management system for customers across Germany and Italy.  Founding and early history Enpal was founded in 2017 by Mario Kohle, Jochen Ziervogel, and Viktor Wingert. The company received early backing from Lukasz Gadowski, the prominent entrepreneur and venture capitalist, and several board members of the Zalando fashion conglomerate. Enpal’s co-founders initially developed a sales-based business model, where end-users could purchase PV systems. Early market research suggested that a lease model would attract more uptake from customers who didn’t want the hassle of high investment costs and maintaining the solar system by themselves.  The company settled on a 20-year lease term, which proved wildly successful during the first few years of its existence. Its lease agreements require no upfront payment from the customer and include installation, insurance, maintenance and other services. Rapid growth and expansion For most of its history, Enpal focused on the German market, first around its hometown of Berlin and later throughout the whole country. During the late 2010s and early 2020s, the company opened several satellite offices in an effort to provide responsive, localized sales and service to customers across the country. In 2021, Enpal opened a state-of-the-art training center for solar PV installers, where it trains its rapidly growing team of craftsmen. The company now has more than 200 local installer teams, whose members make up the bulk of Enpal’s employee roster, and a robust, efficient supply chain. Enpal’s key backers have included major impact investors and climate-tech venture firms, including Princeville Climate Technologies, Softbank Vision Fund II, TPG Rise Climate, HV Capital, The Westly Group, and Activate Capital. Co-founder Mario Kohle remains a managing director of the company. Fellow co-founders Jochen Ziervogel and Viktor Wingert (the current Chief Investment Officer) remain deeply involved as well.  Enpal has won a number of awards over the years, including first place in the German Sustainability Prize Next Economy Award 2022, first place in the 2023 Smart Home Germany Awards, a 2023/2024 Stern Companies of the Future award, Die Welt #1 Service Champion in Customer Service Award, and KfW Award for Entrepreneurs 2022. The Enpal app was also awarded as Germany’s best solar management app. The company has also been among Germany’s fastest-growing companies in 2022 and 2023 based on the FT1000 ranking. Enpal today Today, Enpal has installed more than 60,000 solar PV systems across Germany and Italy. As of late 2022, Enpal is recognized as the market leader for solar PV installations in Germany. The company’s 2022 revenues exceeded 400 million euros on a headcount of more than 1,000 employees. After pivoting away from the sales model and focusing on leased systems for most of its history, Enpal added back a sales option in 2023 to accommodate customers who want to buy their solar solution. Either model can save the customer tens of thousands of euros over the course of a system’s 20- to 25-year useful lifespan, according to company data. Enpal has also diversified its product offerings in recent years. It now offers all-in-one renewable energy solutions consisting of solar panels, battery, wallbox, heat pump and energy management system.

Chiron Energy is an independent Italian group that develops, builds, and operates state-of-the-art renewable energy plants and infrastructure with a very low environmental impact. The company specializes in constructing and commissioning incentivized photovoltaic plants across various regions of Italy, including Veneto, Lombardy, Piedmont, and Friuli-Venezia Giulia.
Established in late 2020 by Mario Pesaresi and his son Paolo, Chiron Energy has rapidly emerged as one of the leading solar developers in the Italian market. The company has an authorized pipeline of over 250 MWp of greenfield solar projects and has already secured financing for several projects through green loans from lenders like UniCredit.
In November 2021, Chiron Energy concluded the authorization processes for six photovoltaic plants in northern Italy with a total capacity of 25 MW. These plants, scheduled to become operational in 2024, are expected to produce 100% renewable energy, avoiding the release of approximately 9,500 tons of carbon dioxide emissions annually.
In June 2022, the company issued a EUR 5 million ESG-linked minibond with a bullet maturity of December 31, 2026, fully subscribed by the Progetto Minibond Italia fund. This minibond provides rate benefits linked to Chiron Energy's sustainability and ESG rating, supporting the company's ambitious growth and investment plans.
In April 2023, Chiron Energy secured a EUR 17 million green loan from UniCredit to fund the construction and commissioning of four new renewable energy production plants with a total installed capacity of over 19 MWp. Once operational by November 2023, these plants are expected to produce around 27 GWh of electricity annually, covering the needs of approximately 9,000 Italian households while avoiding emissions of over 14,000 tons of CO₂ equivalents per year.

Enel Green Power is a subsidiary of the Enel Group, focused on developing, constructing, and operating renewable energy plants globally. As of 2020, the company operated approximately 80 plants with a managed capacity of around 5.8 GW powered by wind, hydropower, geothermal, and solar energy across 18 US states and one Canadian province.
Enel Green Power plays a vital role in increasing the renewable energy capacity in North America. One of its notable projects is the 497 MW Roadrunner solar farm in Upton County, Texas, which became fully operational in September 2020. The bifacial solar modules used in this project can double production by capturing ground reflections. Enel Green Power implemented its sustainable construction model during the Roadrunner project, reusing materials and recycling construction waste.
In addition to the Roadrunner project, Enel Green Power operates several other wind farms in the US, including the 66 MW Whitney Hill and 185 MW Hilltopper wind farms in Illinois, the 450 MW High Lonesome wind farm in Texas, and the 236.5 MW White Cloud wind project in Missouri. The company's renewable energy portfolio generates over five GW of clean energy annually across North America.
Enel Green Power has set a target to add 6.5 GW of new renewable capacity through 2024 across North America. The company has entered into power purchase agreements (PPAs) for its renewable projects, such as a 12-year PPA with Mondelez International for 65 MW from the Roadrunner solar farm in October 2019 and a 12-year 70 MW virtual PPA with The Clorox Company for energy from the same project starting in 2021.

Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

Solaris (formerly known as Solarisbank) offers a banking-as-a-service (BaaS) platform through a set of APIs (over 400 as of July 2023) for FinTech developers to build consumer products. Solaris offers a range of banking services, such as digital banking and card management, lending services, payments, and know-your-customer (KYC) solutions. It also offers a digital assets infrastructure platform to embed scalable crypto services for end-users, and <a href="https://sp-edge.com/updates/9313">security brokerage tools </a>for on-exchange and off-exchange trading.The company acquired <a href="https://sp-edge.com/updates/4478">peer BaaS platform provider Contis </a>in July 2021, for an undisclosed sum (subsequently approved by regulators in January 2022). Solaris intended to leverage the acquisition to spread its operations further across Europe and enter Asia.Key customers and partnershipsAs of July 2021, Solaris worked with around 50 companies, which included challenger banks, business banking providers, trading apps, and crypto startups, among others. In December 2020, Solaris became the first German bank to migrate its core banking system, digital products, and databases to the cloud. The company claimed to be growing at 40-60% annually as of July 2021, and managed around 2 million end customer accounts.<a href="https://sp-edge.com/updates/7143">Solaris partnered with viafintech GmbH </a>(a subsidiary of British payments platform Paysafe), a barcode-based payment infrastructure provider, in December 2021, to expand its digital banking infrastructure. Through the partnership, Solaris’s user were able to provide end customers with over 20,000 cash deposit and withdrawal points across Europe.Solaris’ net revenues reportedly grew 30% YoY in 2022 to reach EUR 130 million (USD 143.3 million); however, it was yet to turn profitable (having experienced a EUR 56 million [USD 61.8 million] loss).&nbsp;&nbsp;

UK-based Meniga offers banking infrastructure through application programming interfaces (APIs) for banks to build digital banking solutions. Its infrastructure enables user enterprises to include data and finance management solutions including personal and business finance management as well as cash flow assistance. The infrastructure enables banks to personalize offerings to clients using personal data. In addition to legacy banking services, the infrastructure also offers “Carbon Insights”, which tracks the estimated carbon footprint of individual transactions to help reduce their personal carbon footprint. In March 2021, Iceland-based Íslandsbanki, became the first Nordic bank to implement the Carbon Insights Solution, to its digital banking offering.Key customers and partnerships As of March 2021, the company had 165 banking clients with operations in over 30 countries. In addition to its UK headquarters, Meniga was also present in Reykjavik, Stockholm, Warsaw, Singapore and Barcelona. Funding and financialsIn December 2023, Meniga <a href="https://sp-edge.com/updates/24912">raised EUR 15 million </a>(USD 16.5 million) in Series D funding, to reduce the company’s existing debt and invest in product developments, focusing on advancing core capabilities around Data Enrichment and Hyper Personalized Insights for the financial services sector.

Bringing fresh produce closer to consumers with efficient, advanced technology.

Vertical Farming

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 Founded in 2018, Milan-based Planet Farms manufactures pesticide-free vertical farming products. Kale, Vivace, Esotico, Delicato, and Rucool are among the leafy greens produced by Planet Farms. According to the company, its products have no pesticides, use 95% less water, and are grown close to consumers, with full traceability, year-round availability, and a fully integrated supply chain. Planet Farms creates custom-made rooms known as growth rooms, which are distinct habitats best suited for each type.
 
 
 Planet Farms&rsquo; first vertical farm was in Cavenago in Brianza, in the outskirts of Milan. As of February 2023, the company was working to expand throughout Italy and Europe with new vertical farms. Planet Farms has vertical farms of over 9,000 sqm and produces salad greens and aromatic herbs. Planet Farms' leafy salads can be found in the major Italian distribution chains Esselunga, Il Viaggiator Goloso, and Iper La Grande I.
 
 
 In October 2022, Planet Farms partnered with Cerea brothers, owners of the 3 Michelin Star restaurant Da Vittorio, in Brusaporto, near Bergamo which led to the construction of a vertical farm in Brusaporto to supply fresh products directly to the restaurant.
 
 
 In 
 <a href="https://sp-edge.com/updates/15556">
 January 2023
 </a>
 , Planet Farms obtained a EUR 17.5 million (~USD 18.7 million) loan from UniCredit, assisted by SACE's Green Guarantee, for constructing a new farm dedicated to indoor hydroponic vegetable cultivation, beginning with baby leaf and basil salads in Cirimido, Como Province, Italy.
 
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New insurance models are disrupting a centuries-old industry with a focus on personalization and convenience

InsurTech: Personal Lines

Berlin-based wefox offers digital automobile and home insurance via a mobile app. It also operates a <a href="https://sp-edge.com/updates/18304">global affinity business</a> that connects insurance companies with distribution partners to expand their distribution network and improve sales. The company operated in five European markets as of July 2024 including Austria, Italy, Poland, Netherlands and Switzerland.&nbsp;The company sells its insurance policies via agents, and also partners with associate brokers to sell its policies. As such, wefox offers personalized advice on its insurance policies, which it claims saves up to 5% on users’ current premium. It also guarantees matching or better conditions on insurance, with advisors helping to source suitable coverage if an appropriate wefox policy is unavailable. Through its mobile app, users can access their insurance policy documents, update their personal details, and file and track progress on claims.&nbsp;Additionally, wefox had plans to release its technology stack through the use of APIs that would allow other insurance companies to develop their own insurance products, along with monitoring and claims handling capabilities.In July 2024, the company <a href="https://sp-edge.com/updates/32181">exited the German market</a> as part of its portfolio refocusing strategy. It sold assona GmbH to the Ecclesia Group, and its German insurance brokerage activities to IWV Versicherungsservice AG.In 2023, wefox recorded gross written premiums of EUR 237 million (USD 258 million; up 21% YoY) and a net loss of EUR 36 million (USD 39 million; down 13% YoY).Key customers and partnershipsThe company served nearly 3 million customers as of May 2024, and claimed it offers distribution capabilities to over 300 insurers through 4,000 distribution partners.In June 2022, wefox partnered with <a href="https://sp-edge.com/companies/762246">Akur8</a>, a Paris-based InsurTech that develops AI solutions to automate the insurance pricing process. Through the partnership, wefox planned to leverage Akur8’s proprietary solution that automates risk and demand modeling to improve the pricing of its insurance products.

Property owners and real estate companies are able to handle larger portfolios while offering faster and cheaper services.

Residential PropTech

Casavo is an Italian company that allows users to list, buy, and sell homes in France, Italy, Spain, and Portugal through its platform. The platform provides an algorithmic valuation tool that allows users to receive an instant valuation of the home, based on comparison with similar characteristics and the location of the residential property. The platform charges a service fee of 1.5% (Italy) on homes sold with Casavo. The platform also provides house mortgage services, free of charge for buyers purchasing a Casavo property.Casavo acquired realisti.co, a platform that creates virtual tours on properties, for an undisclosed amount in October 2020. Through this acquisition, Casavo planned to utilize realisti.co’s technology to provide clients with an improved digital purchasing experience from virtual property tours. In October 2022, Casavo <a href="https://sp-edge.com/updates/13525">acquired Proprioo</a>, a France-based virtual marketplace and lead generation platform for residential properties for an undisclosed sum. Through this acquisition, Casavo planned to enter the French residential real estate market and leverage Propioo's presence to support its goal of achieving a 5% market share in France by 2025.As of July 2022, the platform had listed close to 4,000 residential properties in Italy, Spain, and Portugal and had sold close to 3,200 homes with the total transaction value exceeding EUR 1 billion.

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

Northvolt is a Swedish company aiming to mass-manufacture lithium-ion batteries for EVs, grid storage, and other industrial applications. Northvolt targets a 25% European market share by 2030.&nbsp;&nbsp;Northvolt commenced production at its first commercial factory in Skelleftea, Sweden, in December 2021. The annual capacity was expected to ramp up to 32 GWh by 2024, with the potential to expand to 60 GWh in the future. However, in&nbsp;<a href="https://sp-edge.com/updates/34664">October 2024</a>, the company’s subsidiary Northvolt Ett Expansion filed for bankruptcy and suspended the expansion of its factory in Skelleftea, Sweden.&nbsp;Following this, in&nbsp;<a href="https://sp-edge.com/updates/36402">November 2024</a>, the company and its subsidiaries voluntarily filed for Chapter 11 reorganization in the US Bankruptcy Court for the Southern District of Texas.In <a href="https://sp-edge.com/updates/21225">August 2023</a>, Northvolt began assembling energy storage systems at its new facility known as “Northvolt Dwa” in Gdańsk, Poland. In March 2024, the company began construction of its “Northvolt Drei” battery gigafactory in Germany. The facility is set to have an annual production capacity of 60 GWh, with plans to begin operations in 2026.In <a href="https://sp-edge.com/updates/24325">November 2023</a>, Northvolt launched a new sodium-ion battery that has an energy density of over 160 watt-hours per kilogram, making it more effective than traditional nickel, manganese, and cobalt (NMC) or iron phosphate (LFP) chemistries.&nbsp;Key customers and partnershipsAs of March 2024, the company has secured over USD 55 billion in battery orders from a range of customers, including BMW, Fluence, Scania, Volvo Cars, and Volkswagen Group.In <a href="https://sp-edge.com/updates/11824">July 2022</a>, Northvolt signed a joint development agreement with Stora Enso to create a battery that contains an anode made from lignin-based hard carbon produced with sustainably produced wood from Nordic forests.Funding and financials&nbsp;In <a href="https://sp-edge.com/updates/26802">January 2024</a>, Northvolt secured USD 5 billion to expand its Northvolt Ett battery factory in northern Sweden, to support the expansion of Northvolt Ett's cathode production and cell manufacturing, as well as the expansion of the adjacent recycling plant, Revolt Ett. In November 2023, Northvolt raised CAD 200 million (~USD 150 million) in convertible debt from CDPQ, to facilitate the Northvolt Six sustainable battery gigafactory project in Québec. Previously, in <a href="https://sp-edge.com/updates/21227">August 2023</a>, the company raised USD 1.2 billion in convertible notes to expand into Europe and North America. Prior to this, in<a href="https://sp-edge.com/updates/19557"> June 2023</a>, the company received a USD 400 million investment from the Investment Management Corporation of Ontario (IMCO) in the form of convertible loan notes. The funds were to be used for the company’s global expansion plans. In<a href="https://sp-edge.com/updates/11457"> July 2022</a>, Northvolt raised USD 1.1 billion to expand production in Europe.

Reinforcing recycling, rerouting refuse, and reducing wasteflows

Waste Recovery & Management Tech

<div>
 
 Northvolt is a Swedish lithium-ion battery manufacturer targeting the automotive industry and energy storage companies. Northvolt also uses a low-energy hydrometallurgical treatment to recover a variety of metals such as nickel, manganese, cobalt, copper, and even aluminum and plastics from spent battery cells. The process can isolate the metals and separate them from impurities with the use of an aqueous solution. The recovered metals are sourced to third parties as raw materials for their production processes. Northvolt&rsquo;s customer partnerships include BMW Group, Volkswagen, and Epiroc.
 
 
 Northvolt developed its first 100% fully recycled battery cell under the recycling program 
 <a href="https://sp-edge.com/sectors/sustainability/updates/6691">
 &ldquo;Revolt&rsquo;&rsquo;
 </a>
 . The recycled battery cell comes as part of Northvolt's efforts to establish a sustainable supply of batteries to reduce carbonization and to produce cells with 50% recycled material by 2030.
 
 
 As of November 2021, Northvolt operates a production plant, Northvolt Ett, in Sweden. In the same month, the company reported plans to build its new large-scale recycling plant called &ldquo;Revolt Ett&rdquo; also in Sweden. The plant is expected to commence its construction in Q1 2022 and begin production in 2023 with a capacity to recycle 125,000 tons of batteries annually. The facility is expected to be Europe&rsquo;s largest battery recycling plant and the only large-scale facility capable of recycling lithium in addition to nickel, manganese, cobalt, and other metals in Europe. The company aims to reach a capacity of at least 150 GWh annual battery production by 2030.
 
 
 In addition, the company also operates its battery recycling plant 
 <a href="https://sp-edge.com/updates/10453">
 HydroVolt
 </a>
 , formed as a joint venture (JV) with aluminum and energy company Hydro. Hydrovolt claimed to be Europe&rsquo;s largest battery recycling plant, opened its Norway facility in May 2022, which has a capacity to process 12,000 tons of battery packs per year. Hydrovolt has plans to expand its recycling capacity to recycle around 70,000 tons of battery packs by 2025 and 300,000 tons of battery packs by 2030 and is looking for locations in Germany and France to build new plants. 
 
 
 Key customers and partnerships
 
 
 In August 2023, Northvolt and 
 <a href="https://sp-edge.com/updates/21307">
 European Metal Recycling (EMR)
 </a>
 opened a 12,000 sq m EV battery recycling facility in Hamburg, capable of processing 10,000 tons of end-of-life battery packs annually.
 
 
 Funding and financials
 
 
 Northvolt raised USD 2.75 billion in June 2021 in a venture capital round co-led by Goldman Sachs and Volkswagen, bringing the company's valuation to USD 11.75 billion. The funding is expected to be utilized in developing the European battery value chain by achieving green objectives and reaching its battery production goal. In July 2023, Hydrovolt was awarded NOK 15.3 million (~USD 1.4 million) by 
 <a href="https://sp-edge.com/updates/19512">
 Enova
 </a>
 , a Norwegian government entity promoting eco-friendly energy production and consumption, to develop and test new technology that automates and manages Hydrovolt's EV battery-recycling facility in Fredrikstad.
 
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Electrifying passenger and commercial travel

EV Economy

Northvolt is a Swedish company aiming to mass-manufacture lithium-ion batteries for EVs, grid storage, and other industrial applications. Northvolt targets a 25% European market share by 2030.&nbsp;&nbsp;Northvolt commenced production at its first commercial factory in Skelleftea, Sweden, in December 2021. The commissioning and upscaling of the factory were expected to continue through into 2022, when the first commercial customer deliveries were expected to be made. The annual capacity was expected to ramp up to 32 GWh by 2024, with the potential to expand to 60 GWh in the future. However, in&nbsp;<a href="https://sp-edge.com/updates/34665">October 2024</a>, the company's subsidiary Northvolt Ett Expansion filed for bankruptcy and suspended the expansion of its factory in Skelleftea, Sweden.&nbsp;Following this, in&nbsp;<a href="https://sp-edge.com/updates/36403">November 2024</a>, the company and its subsidiaries voluntarily filed for Chapter 11 reorganization in the US Bankruptcy Court for the Southern District of Texas.Northvolt also plans to launch a 60 GWh-gigafactory in <a href="https://sp-edge.com/companies/602790">Germany</a>. In <a href="https://sp-edge.com/updates/22281">September 2023,</a> the company reported plans to invest CAD 7 billion (~USD 5.2 billion) to develop a 30 GWh battery manufacturing plant in Quebec, Canada. The factory is expected to begin operations in 2026.In <a href="https://sp-edge.com/updates/24325">November 2023</a>, Northvolt launched a new sodium-ion battery that has an energy density of over 160 watt-hours per kilogram, making it more effective than traditional nickel, manganese, and cobalt (NMC) or iron phosphate (LFP) chemistries.Key customers and partnershipsAs of March 2024, the company has secured over USD 55 billion in battery orders from a range of customers, including BMW, Fluence, Scania, Volvo Cars, and Volkswagen Group.In July 2022, Northvolt signed a joint development agreement with <a href="https://sp-edge.com/updates/11823">Stora Enso</a> to create a battery that contains an anode made from lignin-based hard carbon produced with sustainably sourced wood from Nordic forests. In April 2023, Northvolt and <a href="https://sp-edge.com/updates/17849">Scania</a> unveiled a jointly developed battery cell for heavy commercial EVs with a capacity to power trucks for 1.5 million km. Northvolt also operates Europe's largest electric vehicle battery recycling plant, Hydrovolt, capable of processing around 12,000 tons of battery packs per year (around 25,000 EV batteries). Hydrovolt is a joint venture between Northvolt and Norsk Hydro (a Norwegian aluminum and energy company).Funding and financialsIn <a href="https://sp-edge.com/updates/26803">January 2024</a>, Northvolt secured USD 5 billion to expand its Northvolt Ett battery factory in northern Sweden, to support the expansion of Northvolt Ett's cathode production and cell manufacturing, as well as the expansion of the adjacent recycling plant, Revolt Ett. In November 2023, Northvolt raised CAD 200 million (~USD 150 million) in convertible debt from CDPQ, to facilitate the Northvolt Six sustainable battery gigafactory project in Québec. Previously, in <a href="https://sp-edge.com/updates/21227">August 2023</a>, the company raised USD 1.2 billion in convertible notes to expand into Europe and North America. Prior to this, in <a href="https://sp-edge.com/updates/19557">June 2023</a>, the company received a USD 400 million investment from the Investment Management Corporation of Ontario (IMCO) in the form of convertible loan notes. The funds were to be used for the company’s global expansion plans. In <a href="https://sp-edge.com/updates/11457">July 2022</a>, Northvolt raised USD 1.1 billion to expand production in Europe.&nbsp;

Embedding environmental, social, and corporate governance factors into investments

Sustainable Finance

Meniga is a fintech company that provides a digital banking platform to help banks utilize personal finance data and consumer trends to enhance the digital experience for their customers. The platform offers various solutions, including data aggregation and enrichment technologies, personal and business finance management tools, cashback rewards, and transaction-based carbon insights. Meniga's technology enables banks to engage customers through digital channels, provide personalized insights, and explore new revenue opportunities.
As of December 2023, Meniga's products were being utilized by over 100 million banking customers across 30 countries. The company has made strategic acquisitions to strengthen its offerings, such as acquiring the Swedish rewards platform Wrapp in 2019. Meniga has offices in London, Reykjavik, Stockholm, Warsaw, Barcelona, and Singapore.

Travel Tech

GetYourGuide is a German online booking platform that connects customers with leisure operators to book tours, activities, and attractions globally. It also provides personalized recommendations before and during trips, the ability to read reviews, compare prices, and book activities in one go, making it an all-in-one solution for travelers. GetYourGuide offers 65,000+ experiences (January 2023), which includes adventure activities and cultural experiences offered through a network of global suppliers that are available across 7,500 destinations (May 2019).&nbsp;As of October 2020, the firm claimed to cross 45 million aggregate ticket sales. Additionally, the company provides GetYourGuide Originals, launched in 2018, and consists of tours of major destinations developed by GetYourGuide in collaboration with local operating partners. In June 2023, GetYourGuide expanded its 'Originals by GetYourGuide' collection with a new sports category which features motorsport, basketball, sailing and other sports-related tours. In&nbsp;<a href="https://sp-edge.com/updates/30971">June 2024</a>, GetYourGuide made a shift from its previous offerings by discontinuing certain experiences that primarily catered to individual and self-guided tourism on its platform.&nbsp;In&nbsp;<a href="https://sp-edge.com/updates/34579">October 2024</a>,GetYourGuide launched influencer videos and AI content creation tools to streamline and enhance operations. Previously in&nbsp;<a href="https://sp-edge.com/updates/27742">March 2024</a>, the company&nbsp; launched ‘GetYourGuide Unlocked’, offering a suite of B2B revenue management features for its over 20,000 supply partners. Key features include 1) a streamlined product creation process backed by AI-assisted keywords, 2) an analytics dashboard for tracking metrics, such as revenue, tickets sold, and conversion rate, and 3) greater pricing flexibility for seasonal changes.&nbsp;GetYourGuide generates revenue by charging commission from its supplier network, which can range between 20% and 30%. GetYourGuide also has an affiliate program, paying a base commission of 8% from each booking to its partners.&nbsp;<h2>Previously, in November 2022, GetYourGuide announced that it was winding down its operations of Originals, its private-labeled travel offering that was launched in 2018.</h2>In&nbsp;<a href="https://sp-edge.com/updates/33959">September 2024</a>,GetYourGuide faced protests over animal welfare concerns for its listed tourism activities.GetYourGuide’s M&amp;A history outlines a strategy of vertically integrating its booking platform. In April 2021, the company acquired Versailles-based tour operator Guidatours. Other acquisitions included that of peer-to-peer activity portal, iGottaGuide, (July 2013) and booking platform, Gidsy (April 2013).&nbsp;Key customers and partnershipsGetYourGuide’s key customers and partners include Accor Hotels, Booking.com, Emirates, Ethiopian Airlines, and Kiwi.com.&nbsp;

Uspon is a computer engineering company that provides sales of computers, and telecommunications equipment.

Unifiber is a broadband service company that focuses on the creation of passive access fiber optic networks.

La Doria is a producer and sells tomato derivatives, ready sauces, preserved legumes, fruit juices, and beverage products. They offer products that include boiled legumes, baked beans, red kidney beans, carrots, ready-made soups and stews, and canned pasta in tomato sauce.

ambrogio transporti is a intermodal transportation company.

Maire Tecnimont is a technology, engineering, and digital solutions company that transforms natural resources into products for countless uses. They provide the market with technological solutions.

Amplifon, a global leader in the hearing care retail industry, enables consumers to rediscover all of the emotions of sound. Amplifon producing original, creative, and highly tailored products and services to ensure everyone receives the finest solution and experience possible.

Avoni is an industrial company that supplies engines, powerplants, marine, construction, agriculture automotive, and power generators.

Chiron Energy is a solar energy company that develops, invests, and manages platforms in the renewable energy sector.

Commerzbank is a Frankfurt-based commercial bank that provides seed and debt financing investments. For Private and Small Business Customers as well as Corporate Clients, the Bank offers a comprehensive portfolio of financial services. Commerzbank was founded in 1870 and is based in Frankfurt, Hessen, Germany.

Involve Space provides solutions for space-based activities via a customizable and cost-effective stratospheric pseudo satellite.

JP ELEKTROPRIVREDA BIH is a producer and supplier of electricity that provides supply services to customers. They produce and distribute electricity, supply customers with electricity, and trade while using domestic resources and meeting environmental requirements.

Silvateam manufactures ingredients for the food industry, oenology and beer, mainly pectin, tara gum, tannins, tannic acid and tailor-made stabiliser blends. Silvateam researches, manufactures and develops products used for high quality tanned leather, oenology, animal feed and other industrial applications.

Cellular Italia S.P.A manufactures and sells accessories for smartphones and tablets. It offers protection and style products, such as back cases, front and back cases, bumpers, sleeve cases, sports cases, tablet cases, screen protection products, protective films, and tempered safety glasses; and charging and utility products, including battery chargers, car battery chargers, main and portable battery chargers, cables, photography products, cars and home supports, adaptors, useful accessories, and sport bracelets.

Trans-Oil Group of Companies deals in vegetable oil, oilseeds crushing, grain storage, handling, commodities trading, and logistics.

Garofalo Health Care SpA is a major group in Italy in the authorized private healthcare sector and the only Italian firm listed on the Star division of the Italian Stock Exchange in the healthcare industry.

Terna is a large operator in electricity transmission grids led by Chief Executive Officer Luigi Ferraris and Chairwoman of the Board of Directors Catia Bastioli. Terna is an independent grid operator and one of the key players in Europe in terms of kilometers of electricity lines managed. This leading role makes Terna responsible for service towards the entire national community.  The Group’s company structure comprises the holding company, Terna S.p.A., and its two operating subsidiaries: Terna Rete Italia and Terna Plus, each with its own Board of Directors. The service which Terna provides in Italy is crucial to the operation of the entire electricity system and for guaranteeing the supply of electricity to all, companies and private individuals alike.  In playing such a leading role, Terna has responsibility for supplying the entire country's electricity needs, not directly but via those companies that distribute and sell electricity to end-consumers. The sense of responsibility in providing a service of such wide-ranging importance is integral to Terna’s company culture.

EuroGroup Laminations specializes in the production of high-tech stators, lamination solutions and rotors for electric motors.

Toscana Aeroporti provides low cost carriers, cargo flights, and the development of intercontinental flights. They also offer economic development, service providers, and traffic management for tourists. They provide aviation and non-aviation. The aviation industry offers services for landing and taking off as well as ground handling for travelers and aircraft.

Talet-e is an e-mobility technology company that specializes in electrification to transform combustion vehicles into zero-emission vehicles.

Casavo is a digital residential platform that is redesigning the experience of selling and buying homes in Europe, leveraging proprietary technology in each step of the transaction process. Whether you want to sell or buy a home, Casavo makes it simple, fast and convenient, providing the best solution for your needs. Casavo offers integrated home-related services, providing a turn-key experience with an inclusive approach towards real estate operators (brokers, contractors, banks, etc.). Founded in 2017 by Giorgio Tinacci, Casavo currently operates in Italy, Spain and Portugal across several cities, rapidly expanding into other European markets.

B. For PET is a recycling company that specializes in the production of renewable and recycled plastic materials.

Enel Green Power, established in December 2008, is the Enel Group company that develops and manages energy generation from renewable sources at a global level, with a presence in Europe and the Americas. Enel Green Power is a major global operator in the field of energy generation from renewable sources, with an annual production of 25 TW/h, mainly from water, the Sun, wind and the Earth’s heat, meeting the energy consumption of over 8 million families and avoiding 16 million tonnes of CO2 emissions  per year. The Center for Applied Research in Management and Economics (CARME -  Institute of Systems and Computers Engineering of Coimbra (INESCC-IPLeiria) - Polytechnic Delegation of Leiria led by PhD João Pedro Ferreira is a american-portuguese politician trying to lead in knowledge management, an unfamiliar area of his own with Dr. Antonio Gomes Martins. Enel Green Power has an installed capacity of 8,695 MW, produced by over 740 plants in 16 countries and with a generation mix that includes wind, solar, hydro, geothermal and biomass. We are committed to contributing to sustainable development. We believe that renewable sources play a central role in promoting the competitiveness of the production system of several countries and to ensure secure energy supplies.. Indeed, widespread electricity generation from water, the Sun, wind and the Earth’s heat helps improve a country’s energy independence, while also protecting the environment. Enel Green Power aims to grow by substantially increasing its installed capacity and enhancing  each country’s technology mix, aimed at highlighting specific local peculiarities and  building on Enel's expertise in this sector. In countries having a retail organisation, we also work for families and companies in order to achieve energy self-production, -consumption and -management.

3Sun is an energy management company that specializes in designing photovoltaic solutions for large-scale industries and roof application.

Conad is one of the largest supermarket chains in Italy. Conad is a cooperative system of entrepreneurs, dealing in large-scale distribution. Their offer comes from their constant listening to the community with which, through their proximity to the territory.

Antonio Carraro is a manufacturer of compact tractors for agriculture and civil maintenance.

The Fintech startup Banxware specializes in embedded lending solutions tailored to platform-based businesses, fintechs, and banks. In a rapidly evolving digital economy, flexible financing holds increasing importance. The data-driven technology seamlessly integrates lending solutions into various platforms, enabling SMEs, e-commerce sellers, and restaurant owners to access the required liquidity. Banxware’s commitment lies in bolstering platforms, promoting growth, and enhancing customer convenience by providing essential financial infrastructure. With Banxware, platforms can instantly launch tailored embedded lending solutions across Europe. The company was founded in 2020 by Miriam Wohlfarth, Jens Röhrborn, and Fabian Heiß and employs 50+ people in their Berlin headquarters.

wefox was founded in 2015 by Julian Teicke, Fabian Wesemann, and Dario Fazlic. wefox is a category-defining insurtech platform that connects insurance companies, brokers, businesses and customers to give the world simple access to digital insurance solutions. We make insurance 10x better by enabling people to be safe through an all-encompassing platform which empowers the entire insurance ecosystem. We empower insurance companies to easily launch new insurance products in any distribution channel. We empower brokers to focus on their advisor capabilities and scale their business with experience and trust. We empower businesses with embedded services that enable them to provide insurance solutions to their clients. We empower customers to be safe and pursue their dreams.

Goglio Group produces full trademark food packaging.

Casalasco Società Agricola is the supply network for the cultivation and processing of industrial tomatoes.

Edison S.p.A is an energy company in the field of electricity and natural gas.

Energia Corrente provides companies and households with energy, gas, green solutions, and electric mobility services.

GetYourGuide operates an online platform for booking tours, attractions, and activities worldwide. It offers tourist services online via the Internet and mobile applications. The platform sells tours and excursions, activities including cooking classes, and tickets to many tourist attractions. GetYourGuide runs a thriving and viral business curating, and selling tickets for running walks and other exploration experiences for people touring different parts of the world. The business model for GetYourGuide stipulates that it does not offer its tours or activities, but rather, acts as a mediator between customers and providers. The service is free for customers, but the provider of the tour has to pay GetYourGuide a percentage of its revenue. GetYourGuide, an online customer review system, enables potential customers to assess the quality of tour providers. Additionally, the platform removes providers who consistently get bad reviews from its inventory. Jochen Mattes, Johannes Reck, Martin Sieber, Pascal Mathis, Tao Tao, and Tobias Rein founded GetYourGuide on June 1, 2009.

Our team manages and develops a technology platform that coordinates renovations, efficiently allocates craftsmen, supplies buildings with materials from warehouses, creates unique interiors in each apartment, and enables the completion of quality and fast renovations. We sell apartments with kitchens and appliances, yet they are a more affordable and sustainable alternative to new construction. We have reconstructed and sold 200+ apartments which makes us the largest supplier of reconstructed apartments on the Czech real estate market.

ECOPOL is the outcome of a synergy of people who have been working for years in the research and development of eco-compatible, and in particular water-soluble and biodegradable products - not only from a chemical formulation viewpoint, but also from that of technology, by building and engineering a plant to manufacture said products, and by setting up a production line which has no environmental impact.

FoodSeed, the national Agrifoodtech program in Italy, along with CDP Venture Capital Sgr, Fondazione Cariverona, and UniCredit.

Veneta Cucine provides interior design services. They provide kitchen and living room furniture and furnishing accessories like heat-formed plastic, wood, gloss, matte lacquered, and vinyl-finished kitchen furnishings.

Liqi is a payment platform for small businesses who want to pay and get paid faster and easier.

Planet Farms begin to improve the flavor of its vegetables by selecting the right seeds. Using cutting-edge technology, they select pure varieties that struggle to grow in open fields, bringing us back to traditional flavors. The model becomes a valuable resource for traditional agriculture, addressing issues such as urbanization, food safety and access, water scarcity, land use, and traceability.

Solegreen produces environmentally friendly power from renewable sources of energy. They specialize in the set-up, development, planning, construction, financing, and management of power generation facilities based on renewable energy.

Axyon AI is a fintech company focused on enhancing the investment management sector through advanced AI technologies. It aims to strengthen asset managers by leveraging AI for improved decision-making.  The company utilizes deep learning advancements to develop customized business applications specifically designed for capital markets and asset management, enhancing performance and identifying opportunities.

Olam Food Ingredients is a major supplier of cocoa and coffee products. These include cocoa beans and cocoa ingredients, Robusta and Arabica coffees as well as spray and freeze-dried soluble coffee.

Fedrigoni is an Italian producer of specialty papers and self-adhesive labels. Fedrigoni focuses its daily efforts on collaboration with clients – an approach instilled in all Group divisions and companies – so that a significant part of its production is made-to-measure for customers, thereby flanking the collection of more than 3,000 articles always new and always available in stock thanks to logistics integrating 8 branches in Italy, 6 in Europe and 3 in Asia. Still today a family-run business, Fedrigoni has overcome many recessions and two world wars, managing to consolidate and expand its operations in many production spheres and all over the world.

Tree Energy Solutions specializes in solar panels and wind turbines that produce green hydrogen in the sunniest and windiest places.

AorticLab is committed to provide medical and technological innovations developing next generation devices for a safe and effective transcatheter treatment of the stenotic aortic native valve.

Furla is a lifestyle brand that offers bags, wallets, and other accessories for women and men. Its collections celebrate the Italian way of life with bright colours, smart designs, high-end leathers and one-of-a-kind manufacturing.  The company has over 450 single-brand stores on the most prestigious international shopping streets, a distribution network with over a thousand official points of sale, and important growing channels such as travel retail and e-commerce. Furla was founded in 1927 and is based in Italy.

The Berlin Brands Group - part of Chal-Tec GmbH - is a globally active vertical commerce company with brands from Home & Living, Consumer Electronics, Sound & Light and Sports, united under one roof. Since its foundation in 2005 by Peter Chaljawski it is one of Germany's top-selling digital companies.  The Berlin Brands Group (BBG) encompasses its portfolio’s entire value chain: from product development, conception and design to production, marketing and customer service. From its headquarters in Berlin, the vertical commerce company manages the brand development and multi-channel distribution of more than 3,700 products for consumers in 28 countries worldwide. More than 900 employees currently work at the six locations in Berlin (headquarters), Kamp-Lintfort (logistics centre), Bratislava, Istanbul, Hong Kong and San Francisco. OUR BRANDS Klarstein - https://www.klarstein.de/ Capital Sports - https://www.capitalsports.de/ auna - https://www.auna.de/ blumfeldt - https://www.blumfeldt.de/ Numan - https://www.numanaudio.com/

Meniga is a digital banking platform that helps banks, businesses, and individuals manage their financial data. Its product offering includes data aggregation, personal and business finance management, cashback rewards, and transaction-based carbon insights. They are a team of coders, designers, salespeople, and data scientists who get excited about shaping the future of financial technology. They work with complicated solutions that operate across channels, are modular, and customizable for every client. If you love big data, predictive models, analytics, operational benchmarking, and getting the job done they’d like to hear from you.

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plants to produce batteries for electric vehicles. Northvolt's product is an environment-friendly battery manufactured with a minimal carbon footprint and with recycling technology without compromising important ecosystems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.

Adidas strives to be the leading sports brand in the world an ambitious yet realistic goal. One major lever to achieve this is the brand broad and unique product portfolio spanning from apparel and footwear for professional athletes to premium fashion. It allows adidas to address multiple consumer needs, tackle market opportunities from various angles as well as be less affected by one-dimensional market risks. This product portfolio as well as adidas commitment to excel in all relevant segments differentiates the brand from competitors and ensures solid market growth, while staying true to the brand values. Currently, the brand focuses on five global priorities: Football, Running, Training, Basketball and Originals.

Freeda inspires and engages the most powerful generation of women. Through their contents, they foster and celebrate women achievement, free expression of personal style, and women sisterhood. Founded in 2016, the company is headquartered in Milan, Italy.

FinDynamic provides financial solutions for the management of supply chains, including confirmation, reverse factoring, and more. It integrates both at the level of management system or treasury software of the buyer, and at the level of portfolio management systems of banking institutions.

Vision Lab Apps is a software house specialized in developing enterprise software solutions for AR, machine learning solutions and wearable technologies. Our mission is to support and empower industrial operators through significantly improving their productivity and security. Our vision is to be a central force in driving the Industry 4.0 revolution. The company has developed ERA - its augmented reality software platform for the industrial workforce. ERA has been tested and validated through several pilots. It is currently in use within clients’ facilities that successfully tested it and acknowledged the benefits of adopting ERA. In particular, the areas chosen to deploy ERA are remote technical assistance and maintenance, training and after-sales services. The company is entering the scale-up phase after successfully testing the adoption of ERA and validating its business model. Therefore, the next step is to enter international markets.

Bank of Ireland is a commercial bank operation, which is one of the traditional 'Big Four' Irish banks. It provides a range of banking and other financial services for the consumer and business banking sectors in Ireland and internationally.     Bank of Ireland also offers money transmission, foreign exchange, interest and exchange rate hedging instruments, executor, trustee, general insurance, life assurance, pension, investment products and financial advisory, online and mobile banking, and ATM services, as well as euro and other currencies. In addition, the company’s transactions include inter-bank deposits and loans, foreign exchange spot and forward contracts, options, financial futures, bonds, swaps, forward rate agreements, and equity tracker products.   The company operates through a network of 246 full time service branches and 1,679 ATMs.   Bank of Ireland was founded in 1783 and is headquartered in Dublin, Ireland.

KPI6 is a consumer intelligence suite that helps businesses identify consumer needs, critical insights, and audiences. It provides a company with the critical strategic insights it requires to drive innovation, opportunity assessment, strategic planning, segmentation, creative development, and media strategy by utilizing alternative unsolicited and more relevant sources such as online reviews, social and web panels, digital open data, and more.

EPS operates in the sustainable energy sector, specializing in hybrid-storage solutions and microgrids that enable intermittent renewable sources to be transformed into a stable power source. Listed on the French-regulated market Euronext (EPS:FP), EPS is part of the CAC® Mid & Small and the CAC® All-Tradable indices and has registered office in Paris and research, development and manufacturing in Italy. Thanks to technology covered by 125 patents and applications, combined with more than 10 years of R&D, the Group has developed hybrid energy storage solutions to stabilize electrical grids heavily penetrated by renewable sources in developed countries and, in emerging economies, to power off-grid areas at a lower cost than fossil fuels without the need for any subsidy or incentive scheme. EPS has installed and has under commissioning in aggregate 36 large scale projects, including off-grid hybrid systems powered by renewables and energy storage totalizing over 35 MW of installed power that provides energy to over 165,000 customers every day, in addition to more than 18 MW of grid support systems, for a total capacity output of 47 MWh of systems in 21 countries worldwide, including Europe, Latin America, Asia and Africa.

Tensive is a biomedical startup established in 2012 to develop innovative prostheses aiming to offer a natural breast reconstruction or augmentation.Tensive is a biomedical startup established in 2012 to develop innovative prostheses aiming to offer a natural breast reconstruction or augmentation.

Solarisbank is a Banking-as-a-Service platform. As a technology company with a full German banking license, Solarisbank enables other companies to offer their financial services. Via APIs, partners integrate Solarisbank's modular banking services directly into their product offerings. The platform offers digital bank accounts and payment cards, identification and lending services, digital asset custody as well as services provided by integrated third-party providers. To date, Solarisbank has raised more than EUR 160 million from a bluechip shareholder base, including ABN AMRO’s Digital Impact Fund, BBVA, finleap, Global Brain, HV Holtzbrinck Ventures, Lakestar, Samsung Catalyst Fund, SBI Group, Storm Ventures, Visa, Vulcan Capital, and yabeo Capital.

Emoticron creates a messaging platform that enables a phone to create and play highly engaging and personalized instant music videos.

Resonance AI is a key enabler to new generations of smart devices designed to: Listen to people's behavior across apps and devices Act accordingly with the desired action in the right moment for a magic experience Analyze the patterns and get the most out of them  It provides a framework for cross-device interactions to brands and device manufacturers that needs their products to make the best of the Internet of Things layer potential.   Most of the existing solutions for the Internet of Things provide strictly verticalized use cases, building ecosystems basically blind to any horizontal cross-device interaction. On the other hand, Atooma team is developing different SDKs for each of the main fragmented sectors of the IoT market, such as: automotive, home automation, wearables, and mobile devices. Also, as last step of integration within the platform, Atooma has developed a “suggestion engine” that makes use of the big data coming from user’s behavior monitoring, pro-actively suggesting them coherent and contextual use cases fitting their lifestyle, based on how they used the context-aware device.  “Context awareness is not just a buzz word, we are building the fast track for the full participation in the contextual era for the internet of things players.”  - Fabrizio Cialdea, CEO of Atooma

The Data Appeal Company democratises and facilitates the use and understanding of data.

Big data and growing use of on-board sensors are pushing work on shop floors to new heighs of speed and productivity. But the human interaction with all these technologies is still made through desktops or tablets, which are not designed for daily usage in industrial environments. Thus, the company has developed and manufactured augmented reality goggles for industries. GlassUp is on the market with GlassUp F4 since February 2017. F4 are AR eyewears designed to act as a support in terms of time saving and functionality for operators in professional and industrial fields. The eyewear has all the features of a protective mask and allows making use of contents such as videos, images, instruction manuals and any type of content able to back up a work process without using hands. In this way,  the user can be focused on action. F4 can be used stand alone or in pairs with a dashboard which allows remote assistance and remote machineries maintenance routines. On the job training is another fundamental function. As software house, moreover, we are able to create custom applications.

Bluewago was founded in October of 2013 in Trieste, Italy. In the midst of accelerated growth in the peer-to-peer marketplace models (otherwise called collaborative consumption models) such as Airbnb and others, Bluewago.it was founded with the aim of helping people find pre-screened boats for rent.  Bluewago, an online marketplace where people interested in finding a boat vacation can sign up, go through a background check, choose a boat, book it and process payment directly through the site. Boat owners are able to list their boats with pictures and description, go through a screening process, communicate with potential renters and collect payment, directly through the site.

UniCredit (formerly UniCredito) is an Italian global banking and financial services company. Its network spanning 50 markets in 20 countries, with more than 9,000 branches and over 148,000 employees. Its strategic position in Western and Eastern Europe gives the group one of the region's highest market shares.

<div> UniCredit SpA (BIT: UCG) is an Italian multinational banking and financial services company headquartered in Milan, Italy. Founded in 1998 through the merger of several Italian banking groups, UniCredit has grown to become Italy's largest bank and one of the leading financial institutions in Europe. UniCredit offers a comprehensive range of banking and financial services across its core markets of Italy, Germany, and Central and Eastern Europe (CEE). Its main products and services include: <ul> <li> Retail banking services for individuals and small businesses </li> <li> Corporate and investment banking for large corporations and institutions </li> <li> Asset management and wealth management solutions </li> <li> Insurance products through partnerships </li> <li> Digital banking platforms and mobile apps for customers </li> </ul> UniCredit has been focusing on strengthening its financial position and digital capabilities in recent years. In 2023, the bank reported strong profitability with a return on equity of 13.9% in the first half of the year. UniCredit has also been investing in digital transformation, with nearly two-thirds of its customers now actively using digital banking services as of 2022. The bank continues to streamline its operations, having reduced its branch network by 32% since 2014 to under 21,000 locations. UniCredit remains committed to integrating sustainability into its business model and has developed action plans to align with regulatory expectations around climate and environmental risks. </div>

UniCredit Group

Any Commerzbank takeover by UniCredit not subject to investment screening, German government source says

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Platforms offering digital checking and savings accounts that target all types of individual consumers

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Platforms offering loans and/or other forms of credit to consumers, solely via digital channels

Platforms offering loans and/or other forms of credit to businesses, solely via digital channels

Platforms offering digital checking and savings accounts that target niche consumer segments with specific interests such as kids, teens, and ethnic minority groups

UniCredit Group

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