The Week in Italian Startup

Sidereus Space Dynamics, a company based in Salerno, Italy, raised €5.1m in Seed+ funding. The funding round was led by Primo Space and CDP Venture Capital Sgr, via the Italia Venture II – Fondo Imprese Sud fund. Evja, an agritech startup, 🇮🇹raised €4.2m in a pre-Series A round. The funding was led by CDP Venture Capital sgr through Italia Venture II and SEFEA Impact sgr. Cellply, a life sciences...

Shop Circle, an e-commerce software startup based in London, has successfully secured $120m in Series A funding through a combination of debt and equity. The funding was raised from 645 Ventures, NFX, QED, and 3VC. 🇮🇹A syndicate of Italian investors including CDP VC, The Techshop, BlackSheep Ventures, and Primo Ventures joined the round. Finally, I80 Group provided the debt facility. Arduino, the...

Focoos AI, an AI optimization startup, raised €335k from CDP and Obloo. Yakkyo, a dropshipping platform, is 🇮🇹considering an IPO. The platform had revenues equal to €6.5m in 2022m with a 15.2% EBITDA margin. Do you remember the AI fund that was announced by the Italian government in May? The fund 🇮🇹will begin with €200m from the government and will be managed by CDP VC. Its aim is to raise up to €...

Bending Spoons 🇮🇹announced a €100m capital injection from Baillie Gifford, Cox Enterprises, and NB Renaissance. Wikicasa 🇮🇹raised €800k. LIFTT 🇮🇹announced a new capital increase, led by Azimut, bringing the total capital raised to €103m. NYP Techfin, a fintech startup, 🇮🇹raised an undisclosed amount from Banca Valsabbina, for 11% of the company. Milano Investment Partners joined a $3.5M Seed inves...

Leaf Space, a space-tech startup, raised €20m in a round led by CDP VC and Neva SGR. 1000Farmacie, an e-commerce startup, raised a €10m extension to its Series A round. Easyrain, an automotive tech startup, raised €5.8m. WeTaxi, a mobility startup, 🇮🇹raised €2m from CDP VC and Azimut. Orapesce 🇮🇹raised a €500k convertible bond from Intesa. Hale, a Berlin-based femtech startup, raised €350k. Way Ex...

Energy Dome raised an additional €15m into its Series B round announced back in April. New investors include Vopak Ventures, Sagana, 360CP, and CDP VC. The company has raised €55m so far in the round. BizAway, a travel-tech startup, 🇮🇹raised €10m in a debt facility offered by Illimity. Coverzen, an insuretech platform, 🇮🇹raised €3.3m in a round led by Vertis SGR and joined by a group of business a...

Subscribe to the channel for weekly updates. Niccolò's newsletter: http://dealflowit.niccolosanarico.com/

Ermes Cyber Security , a browser security startup,  raised  €3m in a Series A round led by Sinergia Venture Fund. Finapp , a deep-tech startup,  received  a €3m grant from EIC, the European Innovation Council. Only another Italian project was selected ( here ’s the list). Colossus , a Web3 startup,  raised  €2.5m. Muscope , a cybersecurity startup,  raised  €800k from Primo Ventures and Klecha &am...

Develhope, an edtech startup, 🇮🇹raised €6m from CDP VC, Opes, and Sefea. Crono, a sales-tech startup, raised €500k from SFC Capital, Aticco Ventures, and others. Supermoney, a utilities & finance products comparison company, agreed with VAM SPAC to go public via a merger valuing the company €200m. IREN 🇮🇹acquired 88.43% of ReMat, a circular economy startup, by paying €3.5m. Red Fish Long Term...

AAvantgarde Bio, a biotech startup, 🇮🇹raised €61m in a round participated by Atlas Venture, Forbion, and Longwood. ISAAC, a building integrity startup, 🇮🇹raised €5m in a round led by CDP VC.Freedome, an outdoor experiences startup, 🇮🇹raised €2.5m in a round led by Opes Italia. Repron Therapeutics, a biotech startup, 🇮🇹raised €2m in a round led by Claris Ventures. Flying Basket, a UAV startup, 🇮🇹ra...

Fabrick, an open finance hub, raised €40m in a corporate round led by Mastercard. Datamasters, an ed-tech startup, 🇮🇹raised €650k. Zanichelli Ventures was among the investors. Valuematic, a data management startup, 🇮🇹raised €160k from Progress Tech Transfer. Contents.com 🇮🇹acquired Scribox. Shopfully and MEDIA Central Group merged. Datamars acquired Kippy. Bending spoons 🇮🇹acquired Humamy. Portale...

MiScusi, a fresh pasta restaurant chain, 🇮🇹raised €10m from Mip, Picus, Kitchen Fund, Amundi, and Gaetano Marzotto. Kampaay, an event tech startup, announced a €7.3m round from 360cp, SG Company, and Gellify. Poke House, a poke restaurant chain, 🇮🇹raised an undisclosed amount in a round including Red Circle Investments. Dscovr, a customer insights startup, raised €2m from Azimut Digitech, Exor, Bo...

Bending Spoons raised a €70m debt facility from SACE and Intesa Sanpaolo. Viceversa, a revenue-based financing startup, raised €10m in a round led by CDP VC.Primo Space announced an undisclosed investment in Lulav Space, an Israeli space tech startup. ALICE, Beyond CrioPurA, e-CO2Synt, and IliCO2Sep raised €1m in funding from Eureka! Ventures. Clearbox AI, a synthetic data startup, raised €385k in...

We Are Emma, a hair wellness startup, raised €1.6m from a syndicate of business angels. ReasonedArt, an art tech startup, raised €1.4m in a round led by Woori Technology Investment. Nibol, a flexible work startup, raised €500k from CDP VC.TextYess, an eCommerce-tech startup, raised €450k in a seed round from a syndicate of angels and micro-seed funds. Sealence, a maritime technology startup, raise...

Energy Dome, an energy storage startup, raised €40m in a series B round led by Eni Next and Neva SGR.Bio4Dreams, a Life Sciences incubator, raised €2.5m in a crowdfunding campaign (out of a target of €0.7m).Jakala acquired FFW.Contents.com announced the acquisition of traduzione.it. ChatGPT is back in Italy - the Italian privacy watchdog scored one against OpenAI?Meanwhile, the European Commission...

Prestatech, an embedded finance startup, announced a €4m round led by CDP Venture Capital.eWibe, a marketplace for premium wines, raised €250k from Bonsai Ventures. Navia Yachts, a startup developing an electric dinghy, aised €250k. WarrantHub (Tinexta group) acquired a minority stake (9.1%) in Opstart. Contents.com acquired French startup Scribeur.com. Report: Raising capital in Italy, by Startup...

Kopjra, a legal/cybersec startup, raised €870k in a crowdfunding campaign led by Azimut. Azimut invested €40m in Alps Blockchain, an operator of sustainable mining farms, directly and by promoting a club deal. Oversonic robotics, a robot startup, raised an undisclosed amount from Cysero. IAG sold its stake in Ultroneo srl to Sistemi SpA.UnipolSai acquired DaVinci Salute. The Italian Garante della...

HT Materials Science, an Irish-Italian startup, raised $15m from Saudi Aramco, Barclays, CDP VC, and Progress Tech Transfer. Cosmico, a talent-tech startup, raised €1.85m from Prana Ventures, Bonsai Ventures, Growth Engine, and a syndicate of business angels. Quisto, a supply-chain startup for the restaurant sector, raised €800k in a pre-seed round.360CP is preparing to launch Poli360 II.Scientifi...

Subscribe to the channel for weekly updates.  Niccolò's newsletter: http://dealflowit.niccolosanarico.com/  Listen to all episodes on audio: Spotify: https://spoti.fi/3fVynsQ Google Podcast: https://bit.ly/3thf9RC Apple Podcast: https://apple.co/3Elhykq  #venturecapital #italy #startup  -   Newronica, a neural devices startup, received a €2.5m grant from EIC.  Bi...

A conversation with Andrea T. Orlando, one of the minds behind TechChill Milano 2022 and managing partner of Startup Wise Guys Italy ( https://startupwiseguys.com/ )  --  This episode is powered by Belka Digital. Belka designs and builds successful digital products that people love to use — https://www.belkadigital.com

Caracol, an industrial additive manufacturing startup, raised €10.6m in a round led by CDP VC and Neva SGR. Existing investors Primo and Eureka! joined the round.  BeDimensional, a new materials startup, raised €10m in a round led by CDP VC alongside Eni Next and NovaCapital.  Angiodroid, a medtech startup, raised €7m in a Series A round led by CDP VC alongside ALIAD and 8a+ Investment....

United Ventures led a $21m round in Electra, a Boston-based startup developing battery-optimization software for the automotive market. Other investors include LIFTT, Stellantis Ventures, Club degli Investitori, and BlackBerry Limited.  Microtech, a PC and tablet brand, raised €2.8m in a crowdfunding campaign, with 0.75m invested by Anthilia Capital Partners sgr and 1.2m by Azimut’s AliCrowd....

A conversation with Francesco Inguscio, Founder and CEO of Rainmakers ( https://www.rainmakers.it/ ) and Nuvolab ( https://nuvolab.com/) .  --  This episode is powered by Belka Digital. Belka designs and builds successful digital products that people love to use — https://www.belkadigital.com

Aryel, an AR startup, raised €3m in a round led by Prana Ventures with the participation of several business angels.  ABZero, a drone delivery startup, raised €200k from business angels and crowdfunding.  Aspire, a Singapore-based B2B fintech startup funded by two Italian entrepreneurs raised US$100m in a Series C round.  Panakes Partners announced the final close of its Purple fund...

Jean-Philippe M.L. Schepens is founder and CEO of AxonJay.ai (https://www.axonjay.ai/).   --  This episode is powered by Belka Digital. Belka designs and builds successful digital products that people love to use — https://www.belkadigital.com