Fundz

Radical Storage raised $7M in a Series A funding round led by CDP Venture Capital to expand its luggage storage network and improve technology.

PRIVATEOct 25, 2024

Amount Raised

$7 Million

Round Type

Series A

RomeTransportationTravel

Investors

Finint InvestmentsVertisOpes Italia SicafCDP Venture CapitalAzimut ALIcrowd III fund

Description

Luggage storage solution Radical Storage has closed a $7 million Series A funding round. The funding will go towards getting more local businesses on board as storage points and enhancing the company's technology.

Quick answer

Radical Storage raised $7 Million in a Series A round, dated October 25, 2024. Investors: Finint Investments, Vertis, Opes Italia Sicaf, CDP Venture Capital and Azimut ALIcrowd III fund. Radical Storage is based in Rome, Lazio, Italy.

How much did Radical Storage raise?
Radical Storage raised $7 Million in a Series A round on October 25, 2024.
Who invested in Radical Storage?
Finint Investments, Vertis, Opes Italia Sicaf, CDP Venture Capital and Azimut ALIcrowd III fund are named as investors in this round.
What does Radical Storage do?
Radical Storage is a luggage storage solution provider that facilitates convenient baggage storage through a network of local businesses.
Where is Radical Storage based and how big is it?
Radical Storage is based in Rome, Lazio, Italy.
Who are the decision-makers at Radical Storage?
Fundz holds 1 contact at Radical Storage. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Travel around the same time

Companies in the same sectors as Radical Storage that raised within 45 days of this round, from Fundz verified event records.

  • Stoke Space raised $184M on December 9, 2024.
  • AirX raised $35M (Series A) on December 3, 2024.
  • Enakl raised $1.4M (Pre-Seed) on December 3, 2024.
  • Bounce.com raised $19M (Series B) on November 18, 2024.
  • ZoomCar raised $9.2M on November 7, 2024.
  • ZoomCar raised $200K (Post-IPO Equity) on November 7, 2024.

Who to call at Radical Storage, and when

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Company Information

Company

Radical Storage

Location

Rome, Lazio, Italy

About

Radical Storage is a luggage storage solution provider that facilitates convenient baggage storage through a network of local businesses. Founded in 2016, the company has developed a platform that connects travelers with storage points across various cities worldwide. With a mission to simplify travel experiences, Radical Storage has partnered with numerous businesses to offer flexible storage options for millions of bags. The company aims to expand its network significantly and enhance its technology to improve customer experience.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Radical Storage raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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