TARGET with Subbyx on a €30 million Serias A investment round

Track record

Subbyx, an Italian scale-up operating in the subscription economy, enabling flexible access to technology products through subscription-based models, has completed a 30 million euros Series A round combining equity and debt. The round was led by international fund Systemiq Capital as a new equity investor, with Flashpoint providing the debt financing needed to acquire its device fleet. Previous investor Azimut Group also renewed its commitment by participating in the round.

TARGET advised Subbyx, as in previous rounds, on both the capital increase and the debt financing transaction, with a team led by our Partner Matteo Bazzani and supported by our Associates Maria Vittoria Baldino and Luca Crivelli.

The transaction will support Subbyx’s international expansion, with an initial focus on the Swedish market, and further strengthen its technology platform supporting the subscription economy.

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