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ITALIA500-Azimut is an initiative recognizing Azimut, a luxury yacht manufacturer that designs, builds, and sells motor yachts and superyachts, based in Avigliana, Viareggio, and Livorno, Italy. The company, originally a boat rental business, acquired Benetti in 1985 to form the Azimut-Benetti Group, reporting €1.3 billion in revenue for 2023/2024 and a €2.6 billion order book for over 140 yachts. It holds a 20% share in the global mega-yacht market, topping the global order book for 24m+ yachts for 25 consecutive years, and operates six shipyards. Founder Paolo Vitelli led the group until his passing in December 2024, with Giovanna Vitelli appointed chairwoman in 2023. Azimut was founded in 1969 by Paolo Vitelli. Its business model centers on family-owned manufacturer selling luxury yachts directly to high-net-worth individuals and through brokers, generates revenue from yacht sales, with additional ventures in hospitality.
Key people at ITALIA500-Azimut.
ITALIA500-Azimut was founded in 2019 by Pietro Giuliani (Chairman & Founder).
ITALIA500-Azimut has 1 tracked investment across 1 company. The latest tracked deal is $42.0M Series C in Habyt in October 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2023 | Habyt | $42.0M Series C | Armin Weiland, Franco Danesi | 360 Capital Partners, HV Capital, Nauta Capital, P101, Picus Capital, Vorwerk Ventures, Mauro Pretolani, Alistair Daly, Eric Cantona, Matt Higgins, Stephen Ross, Burda Principal Investments, Endeavor Catalyst, Exor Ventures, Inveready, Kinnevik, Norwest Venture Partners |
Key people at ITALIA500-Azimut.
ITALIA500-Azimut was founded in 2019 by Pietro Giuliani (Chairman & Founder).
