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The week in Italian startups - Issue #51

The week in Italian startups - Issue #51
By Niccolò Sanarico • Issue #51 • View online
Welcome back to the week in Italian startups after the Easter hiatus. I am Niccolò and this is my digest of what happened in the Italian startup ecosystem in the last couple of weeks.
In this issue: Everli, TrueLayer, and Evidation Health raise >$330m among them; new funds from United Ventures, Credem and the founder of Technogym; M&A in the wine, co-working, and mobility sectors; a long-ish reading list; jobs in Italian startups.
Enjoy the reading!
See you on the other side,

The Money
  • Everli, a Milan-based groceries delivery startup, raised $100m in a Series C round led by Verlinvest with the participation of new and existing investors including FITEC, 360 Cap, DN Capital, Innogest, Luxor, C4 ventures, and Convivialitè Ventures.
  • TrueLayer, a London-based open banking startup with Italian founders, raised $70m in a Series D round led by Addition.
  • Speaking of foreign startups with Italian founders, US-based health-tech startup Evidation Health announced a new $153m funding round.
  • Jojolly, a marketplace for contract work in the Ho.Re.Ca sector,🇮🇹 raised €100k from Fondazione Social Venture GDA.
New funds
The Chiara Ferragni Effect
It is more or less a fact that Elon Musk can influence markets by just tweeting about companies (or cryptocurrencies). It appears that Italy has its own version of Elon Musk: Chiara Ferragni, an influencer and entrepreneur, was appointed as a member of the board of directors by Tod’s, a maker of shoes and luxury accessories. As soon as the news broke, the stock gained 14% in intraday trading. Shall other companies follow suit?
The Chiara Ferragni effect
The Chiara Ferragni effect
Readings this week
European foodtech in logos
European foodtech in logos
Jobs in Italian Startups
As promised, I am publishing a simple solution to share open job positions with readers of this newsletter. You can either:
Every week, I’ll take a look at the submitted positions, and if they match the requirements below, I’ll publish them in this public table, where they will remain visible for 14 days.
  • This is a free service aimed at startups. I’m happy to publish job positions also coming from non-Italian startups.
  • Please be as clear as possible about the position, and add a link to a page where a candidate can apply.
  • Scam/spam will not be tolerated and will not be published.
  • I am not responsible for the correctness or trustworthiness of the job positions. Candidates: perform your due diligence before applying or accepting a job! I’ll do my best to check that the links provided are indeed what they are expected to be.
Ending notes
Life has been hectic in the last fortnight, as I’ve just become the father of a beautiful baby girl 👶🏻🎀, but I’ll try hard to fight sleep deprivation and maintain the schedule of this newsletter in the coming weeks. 💪🏻
Let me know your thoughts about the jobs experiment. Feel free to share it in your network if you find it helpful!
Thank you.
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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