Ittikar Launches Private Capital Network Platform Open to New Members
Mondevo Group has launched Ittikar, a private capital network platform designed specifically for global family offices. The AI-driven platform became operational in March 2026 and is now open beyond its initial group of 100 Founding Members. Developed by Mondevo Tech with over 50 engineers managing 120 AI coding agents, Ittikar enables members to analyze deals, invest, and raise capital efficiently using a proprietary due diligence engine. The platform has already facilitated two acquisitions: Caruso, an Italian menswear brand acquired in February 2026, and Underscore District, a Milan-based brand accelerator. The AI system used by Ittikar is tailored to each family office's investment profile through its Capital DNA™ technology, ensuring personalized analysis aligned with institutional standards. Ittikar emphasizes data privacy and compliance, adhering to GDPR, NIS 2, and the EU AI Act. Each member maintains control of their own encrypted Data Pod in a jurisdiction of choice. The platform is structured as a buy-side network rather than an investment marketplace, offering curated deal flow based on each family's preferences.
Topics: acquisitions AI technology family offices private capital network