Mario serves as Senior Partner and head of the Large Ventures fund at CDP Venture Capital. He also holds board and investor roles across several technology companies including Arduino and Axelera AI.
The funding round was led by CDP Venture Capital to support the company's growth in Milan and broader payment infrastructure efforts.
"We started TrueLayer with a simple belief: Europe deserves payment infrastructure built in Europe. Having Italy back that belief means a great deal to us personally, especially to our talented team in Milan, who work hard every day to build the future of European payments"
The Series B round attracted backing from a mix of new and existing institutional investors.
"The entry of new major investors, alongside the continued support of those who have already believed in our transformative approach, is a powerful endorsement of the strength and scalability of our model. Closing a Series B round in today's market is a significant achievement—and marks the beginning of a new growth phase."
The Bath-based sustainable ingredients developer secured backing from Eos Advisory, Progress Tech Transfer, CDP Venture Capital, and Paragon Capital Management.
"Giovanna and her team are tackling one of the most urgent environmental challenges of our time, and we look forward to supporting Naturbeads through its next, exciting phase of commercialisation."