INVESTMENTS CLOSE TO ONE MILION EUROÂ IN HIGHLY POWERFUL STARTUPS
First annual budget of the partnership BacktoWork24 – Digital Magics: Innovation pole born to accelerate business produced by the digital excellence of Made in Italy
MILAN, November 6th 2017 – The Startups participated in by Digital Magics, business incubator listed on the AIM Italia market of the Italian Stock Exchange (symbol: DM), have raised 750 thousand Euros in investments, they have been presented at the BacktoWork24 network, the first system in Italy that offers integrated solutions to favour the investment of financial resources and professional skills by managers and investors.
This is the first budget, one year on from the strategic partnership between the two companies, which demonstrates how building interconnections enables the provision of concrete developmental tools for the innovative excellences of our country.
Among the young companies of the business incubator, the successful cases who have obtained a round of financial grants, and had the opportunity to strengthen their business is ProfumeriaWeb, the e-commerce Made in Italy brand dedicated to the sale of perfumes, cosmetics and make -up at competitive prices; GRAMPit, the system of assistance to the elderly in daily activities and control by the family; Let.life, allows users and companies to give a Digital Soul to objects, associating their contents of every kind, such as deadlines, events, memories, information.
Thanks to the Club Deals of BacktoWork24, the Startups under  the incubator Digital Magics have met managers and investors, who contributed financially and with strategic skills in the process of development and marketing.
 Alberto Bassi, CEO of BacktoWork24, states: «The synergy with Digital Magics has allowed us to set up a single great centre capable of creating real added value for Startups. The first budget is really positive, but we are sure that the growth trend will soon allow us to announce other important new goals».
Marco Gay, Vice-President Executive of Digital Magics, has declared: «We are pleased with the results achieved together with BacktoWork24 in this first year of collaboration for the Startups, which we presented to the network and which obtained an investment round. Our talents have deepened their business models with managers and investors, who recognize the importance and potential of digital».
This press release is online in the section Investors/Press Releases at www.digitalmagics.com.
BacktoWork24, a company founded by Carlo Bassi in 2012 and acquired in 2013 by Gruppo 24 ORE, is the first system in Italy that offers integrated solutions aimed at facilitating the investment of financial resources and professional skills by managers and investors into small businesses and startups. The goal is to create a virtuous circle able to promote the inflow of finance and know-how in innovative ways towards the real economy. The channels used range from events of Matching Deal and Club Deal to Open Innovation projects, from Equity Crowdfunding operations in collaboration with Equinvest, to Crowd Me Up with Radio 24, and others. With its activities, BacktoWork24 has promoted the cultural revolution that succeeds in creating a dialogue between two worlds that, up to now, have been distant from each other: the one of who is willing to capitalise on economic and intellectual resources, and the one of SMEs and startups with high potential willing to open up.
Digital Magics, listed on AIM Italia (symbol: DM), is a business incubator of digital projects that provides consulting services and acceleration services to Startups and enterprises, to facilitate the development of new technological businesses. Digital Magics, Talent Garden and Tamburi Investment Partners, have created the most important national hub for innovation for DIGITAL MADE IN ITALY, by providing support to innovative Startups to create successful projects, from conception to IPO. Digital Magics has always been a partner of excellent enterprises, with its Open Innovation services, thus creating a synergetic bridge between companies and digital Startups. The incubation and acceleration services offered by Digital Magics are active in the TAG co-working campuses present throughout Italy. Complementary services include investment activities, which have produced over the years a portfolio of 70 investments in digital Startups, scaleups and spin offs with high growth rates. Accelerated companies are flanked by Digital Magics’ team, a partner of enormous business and digital experience, and benefit not only from the large network of private and institutional investors that support them through “club dealsâ€, but also from the many partner companies that support them on an industrial scale.
Banca Akros S.p.A. acts as a Nomad and Specialist under the AIM Italia Issuers Regulations. For the transmission and storage of regulated information, Digital Magics makes use of the system of dissemination eMarket SDIR and the storage mechanism eMarket STORAGE available at the address  www.emarketstorage.com managed by Spafid Connect SpA.
For further information:
BacktoWork24
Edoardo Reggiani
Mail: edoardo.reggiani@ilsole24ore.com
Tel. 02.30224078 – Mob. 348.2217115
Digital Magics – Press Office
Giorgio Bocchieri – Mail: giorgio.bocchieri@digitalmagics.com
Tel. 02 52505202 – Mob. 334 6853078
IR Top – Investor Relations
Floriana Vitale – Mail: f.vitale@irtop.com
Tel. 02 45473883/4
Banca Akros – Nomad
Mail: ecm@bancaakros.it
Tel. 02 434441
