Enry’s Island has received a €20 million capital commitment from LDA Capital to scale the metaverse’s first accelerator.
This capital commitment comes as Enry’s Island prepares to enter international markets.
Luigi Valerio Rinaldi, Founder and CEO of Enry’s Island, said: “Over the next few months, the company will be transformed into a ‘Spa’ (Italian limited company), which will allow it to grow even faster thanks to the assembly LDA’s flexible financial.
“We are sure that the cooperation with LDA will continue in a mutually beneficial way in the medium and long term, so that the horses in our stable will become unicorns.”
This new capital commitment will be used to expand the physical capacity of Enry’s Island, according to the company.
In particular, the company is focused on the metaverse and physical spaces, better international reach, financial growth and the consolidation of a standard global protocol for the evaluation and evaluation of start-ups based on the ownership model. intellectual property (IP) of Enry.
Industry leader, Enry’s Island is the first founder and accelerator with local businesses in the US, UK, Italy, Spain, Ireland and Africa, a global community of over 800 stakeholders including entrepreneurs, investors and professionals, as well as 30 start-ups.
These are thoroughly checked and evaluated based on the Enry Model, the patented intellectual property upon which all of Enry’s Island organization, processes and tools are based. Enry’s model is also part of Enry’s Theory business management textbook published by MacGraw-Hill.
Enry’s Island is a comprehensive incubation and acceleration platform offering a wide range of services through several strategically placed branches (“nodes”) in different countries.
LDA Capital is a Los Angeles-based alternative investment group specializing in complex cross-border transactions and specializing in transactions across the globe.
