Enry’s Island lands €20 million to scale Metaverse accelerator

Enry’s Island has received a €20 million capital commitment from LDA Capital to scale the first accelerator in the metaverse.

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 public limited company) allowing it to grow even faster with LDA's flexible financing package.

“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 Enry's Island's physical capacity, according to the company.

In particular, the company focuses on the metaverse and physical spaces, better international reach, financial growth and consolidation of a standard worldwide protocol for the assessment and evaluation of start-ups based on Enry's Intellectual Property (IP) Model.

Industry leader Enry's Island is the first founder and accelerator with local companies in the US, UK, Italy, Spain, Ireland and Africa, a global Community of more than 800 stakeholders including entrepreneurs, investors and professionals, as well as 30 start-ups.

These are thoroughly checked and evaluated based on Enry's Model, the patented intellectual property on which the entire organization, processes and tools of Enry's Island are based. Enry's Model is also part of the business management manual Enry's Theory published by MacGraw-Hill .

Enry's Island is a complete incubation and acceleration platform offering a wide range of services through several branches (“nodes”) strategically placed in different countries.

LDA Capital is an LA-based alternative investment group specialising in complex, cross-border specialising in transactions around the globe.