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The week in Italian startups - Issue #115

The week in Italian startups - Issue #115
By Niccolò Sanarico • Issue #115 • View online
I am Niccolò from Primo Ventures. Welcome back to my digest of the latest news from the Italian startup ecosystem.
In this issue: MusixMatch received an investment from TPG. Gyala and Macingo raised funding. IAG invested abroad. An acquisition for Caffeina. The launch of the Italian Space Venture fund. Q2 2022 in Italian Startups, featuring Ubaldo Mafrici and Matteo Moscarelli.
Enjoy the reading,

The Money
  • Gyala, a cybersecurity startup, 🇮🇹raised €5m in a round led by CDP Venture Capital (with the Evolution fund).
  • Macingo, a shipping marketplace, 🇮🇹raised €2.1m in a round led by CDP Venture Capital (with Fondo Sud).
  • IAG invested $350k in Connectly, a Delaware-based conversational commerce startup.
  • TPG completed a “significant investment” in MusixMatch, a music data platform.
  • Caffeina, a digital media company, 🇮🇹acquired Nois3, a service & experience design company.
New funds
  • The Italian government announced a new space tech fund, managed by CDP Venture Capital, to be called Italia Space Venture, with a target raise of €250m.
Reading this week
  • An 🇮🇹interview with Simone di Somma, founder of AskData (sold to SAP - see last week’s issue).
  • An 🇮🇹interview with Andrea Orlando (Startup Wise Guys), observing a lack of seed capital in Italy.
Fundraising tracker
Every week, I publish a fundraising tracker based on the news I share. 
Q2 2022 in Italian Startups
We are back with a special edition of our podcast, featuring Ubaldo Mafrici and Matteo Moscarelli, discussing the second quarter in Italian startups. Follow the link below to watch the youtube video!
A review of Q2 2022 in Italian startups with Ubaldo Mafrici and Matteo Moscarelli
A review of Q2 2022 in Italian startups with Ubaldo Mafrici and Matteo Moscarelli
Recent job positions from XJobs
About XJobs:
  • The XJobs platform is a free portal listing open job positions from the Italian startup ecosystem, managed by CDP Venture Capital. If you desire, you can apply for free and have your job positions posted on the platform by following this link.
Ending Notes
Giacomo Mollo and I comment on the latest news every week: subscribe to our podcast on SpotifyApple Podcast, and other podcast platforms to get additional insights on what is happening in the Italian ecosystem.
Have a great week,
Did you enjoy this issue?
Niccolò Sanarico

The week in Italian startups is a weekly collection of the most interesting news in the Italian startup ecosystem, with a focus on funding rounds, milestones, major partnerships, and innovation news. The weekly email will be in your inbox on Monday morning(-ish).

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