AGP Executive Report
Last update: an hour agoCarbon Markets & Decarbonisation: Mundys is leaning on its wholly owned benefit corporation Neya to tackle hard-to-cut Scope 3 emissions, creating high-integrity carbon removal credits to support net-zero targets by 2040. EU Scale-Up Funding: The EIB and all 27 EU governments launched a second phase of an €80bn fund to back European tech scaleups, aiming to mobilise up to 80bn euros across 1,500+ companies and address late-stage financing gaps, with Italy’s Azimut Holding among private backers. SME Capital Markets: Millworks Technologies’ BSE SME IPO is drawing strong grey-market interest, with a reported GMP suggesting a potential 100%+ listing pop, as the company targets funds for plant and machinery. Construction Tech Funding (Italy-linked): Austria’s Sodex Innovations closed a €4m round to scale automated construction-site surveying, joining a broader wave of European ConTech funding that includes Italy-based seismic-protection firm ISAAC antisismica. Corporate Finance: Ferrari continued its multi-year buyback, purchasing 28,000 shares in early July under the €250m second tranche. Business & Tech Policy: Google pushed back against EU “site blocking” approaches in the copyright review, arguing DNS/IP/VPN blocks are ineffective and can hit lawful services.
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