Innovation platform, GELLIFY ranked among top 1000 companies in FT 1000 listing

Innovation platform, GELLIFY ranked among top 1000 companies in FT 1000 listing

  • GELLIFY enters the FT 1000 list for the second time, Three startups from the GELLIFY ecosystem included among the best 1000 companies in Europe
  • Targeted towards disruptive innovation in the areas of Smart City, healthcare, digital commerce etc. Gellify – Azimut MENA focused VC fund aims to raise $ 50 million in capital
  • Corporate Venturing and Corporate Entrepreneurship are key focal points for GELLIFY in this region.

May 23, 2022; Dubai, UAE: GELLIFY, an innovation platform that connects high-tech B2B startups with traditional companies to innovate their processes, products, and business models announced its ranking inthe FT 1000 list of European companies solidifying its position as one of the fastest-growing business conglomerates

GELLIFY was included among the Leaders of Growth 2022 by Statista and Il Sole 24 Ore in November 2021 and is given this prestigious ranking for a second consecutive year. Also included in the top 1,000 are three startups from GELLIFY’s portfolio: Winelivery, the first Italian service of home delivery of wine and alcoholic beverages, which comes in ninth position overall and the first Italian company; Sixth-sense, a startup that uses the skills of data analysis for Big Data solutions, and Enerbrain company that optimizes energy consumption for air conditioning. The inclusion of these startups substantiates the strength of GELLIFY’s business model designed to assert new and emerging businesses to scale up.

In particular, GELLIFY ranks among the Italian companies in Technology with a compound annual growth rate of 72% and an absolute annual growth rate exceeding 400%.  With offices in the United Arab Emirates and Spain, Gellify is headquartered in Italy.

GELLIFYMiddle East in partnership with Asset Manager Azimut last year launched a $50-Million VC Fund for the Middle East and North Africa (MENA) Region to invest in companies with the potential to disrupt sectors such as smart cities, health care, digital commerce, FinTech and tourism through the use of advanced technology such as artificial intelligence, the Internet of Things, blockchain and cyber security. The aim was to replicate the experience in Europe where GELLIFY has made successful exits and, in the process, enhanced the innovation capacity of the region.

Massimo Cannizzo, CEO and co-founder of GELLIFY Middle East, while commenting on GELLIFY’s inclusion in FT 1000 ranking said, “Recognition of GELLIFY and three of its startups in FT 1000 for the second time proves that our business model is exceptional and sufficiently resilient. GELLIFY is quite a unique player in the environment of innovation because while it’s a technology innovation enabler for Corporates and Governments, it is also a “gellificator” for startups and it also manages a VC fund focused on B2B Advanced Tech. We are here to replicate the same kind of model, style and ideas that we have successfully applied in Europe. Our strategy to expand, make a huge impact in the digital tech ecosystem here in the region and create a strong position in the Middle East continues as we help new businesses survive and grow”.

Last year UAE-based employee SaaS platform Workfam received an undisclosed co-investment from GELLIFY and Azimut through the Azimut Digitech Fund, the first investment in the Middle East to join a portfolio of over 50 start-ups. Workfam is an employee engagement SaaS platform that supports organisations with their mission to create a happy, healthy and highly engaged workforce.

Corporate Venturing and Corporate Entrepreneurship are other focal points for GELLIFY in this region. For their B2B community, GELIIFY hosts an Annual ‘Corporate Entrepreneurship’ Event to provide a state-of-the-art view of how some of the world’s most dynamic and innovative companies are embracing the new trends in corporate venturing, not only to increase profitability but also to develop an entrepreneurial culture. The event held last year saw participation from 70 international venturing experts who delved deep into how organisations can leverage Venturing Methodologies, Corporate Venture Capital (CVC), Intrapreneurship, Cross-Innovation, and Innovative Technology Startups to grow their businesses and adapt to the challenges of the new post-pandemic economy.  

GELLIFY comprises three business units, one for companies where the digital transformation of small businesses and large corporations or governments happens. This unit specializes in corporate venturing, innovation strategies, sales and marketing digitization, industry 4.0 and digital operations, digitization, and workforce empowerment.

Another is for startups offering comprehensive ‘program that provides more complex services beyond mentorship and basic company creation services typical of incubators. It has duration of 6-24 months and involves all areas of the company. The platform takes startups from their embryonic “gaseous” or “liquid” state to a reliable and scalable “solid” state through its unique and proprietary growth program, “GELLIFY”. This growth is funded through smart investments implemented by GELLIFY and its co-investors.

The third unit is for investors, which provides Investment advisory and the management of a GELLIFY Investment Fund on selected innovative B2B Tech Start-ups.  

About GELLIFY

GELLIFY is an innovation platform that connects high-tech B2B startups with traditional companies to innovate their processes, products, and business models. With headquarters in Italy and offices in Spain and the United Arab Emirates, the company’s success is based on its unique model that infuses companies with the most advanced B2B startup technologies and GELLIFY’s expertise. The platform accompanies startups from their “gaseous” or “liquid” embryonic state to a reliable and scalable “solid” state through its exclusive and proprietary growth program, GELLIFICATION. This growth is financed through smart investments implemented by GELLIFY and its co-investors.

 GELLIFY has also created a community called EXPLORE where entrepreneurs, innovators, and professionals can connect on any digital device. Through the app, downloadable from the App Store and Google Play Store, subscribers can have phygital experiences that alternate between the physical and digital world, participate in events, and infuse their companies with the most advanced startup technologies and GELLIFY skills.

 GELLIFY consists of 3 business units:  

– GELLIFY for Startups, which is dedicated to the gellification of startups that have already expressed traction in the market. The gellification program provides more complex services than the mentorship and basic business creation services typical of incubators. It lasts 6-24 months and involves all areas of the company.

– GELLIFY for Companies, which is focused on open innovation services for SMEs and large corporations that want to build new innovative business paths. This division specializes in corporate venturing, innovation strategies, sales and marketing digitization, Industry 4.0 and digital operations, digitization, and workforce empowerment.

– GELLIFY for Investors, which provides investment advisory services and manages a GELLIFY Investment Fund for selected innovative B2B tech startups. Partners of GELLIFY for 2021 include the tax consulting firm Pirola Pennuto Zei & Associati with Partner Stefano Tronconi and Associate Partner Luca Neri; the law firm Gianni & Origoni with Partner Federico Dettori and Associate Partner Rodrigo Boccioletti, as part of the activities of the Gop4Venture practice; and T.T. Tecnosistemi, a company focused on advanced IT solutions.

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