I am finally back after a two weeks break - I needed to change air and perspective 🏔. Moreover, August is usually a quiet month in terms of news - most of the action takes place in July, and any news is usually released in September if anything happens in the meantime.
In this issue, I collected some of the articles published in the last month. Among them: the EIB confirms to be an important source of finance for companies with high R&D efforts (space tech, life sciences), and 50 seed-stage startups received an aggregate of €22M from investment syndicates led by CDP Venture Capital and its fund dedicated to startup accelerators.
The most interesting news, though, is that the Italian government has finally approved the creation of a new Foundation with a capital allocation of €500M (half-a-billion). The Foundation will invest in technology transfer projects and R&D-heavy startups. It should start operating as early as this Fall - I’ll keep you posted!
Enjoy this issue,