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The week in Italian startups - Issue #69

The week in Italian startups - Issue #69
By Niccolò Sanarico • Issue #69 • View online
Hello,
I am Niccolò from Primo Ventures, welcome back to my digest of what happened in the Italian startup ecosystem.
In this issue: catching up with news from the summer, including new funds for Oversonic Robotics, Tau Group, and Corticale; Exor invests in India; Telepass launches Telepass Digital; Neva SGR opens its fund to private investors; CDP Xjobs.
Enjoy the reading, see you on the other side,
N.

The Money
  • Oversonic Robotics, a humanoid robots startup, raised a round from Fintel, a family office. The amount is undisclosed but it appears to be close to €4.5m.
  • Exor, the holding company of the Agnelli family, invested $50m in MyTVS, a one-stop-shop car services aggregator.
  • Some news from the summer:
Liquidity events
Other news from earlier in August
  • VentureItaly, the fund-of-funds managed by CDP Venture Capital, 🇮🇹 invested in Opes Italia SICAF EuVeCa, an impact fund.
  • Tau Group, a Turin and Berlin-based automotive startup developing carbon-conscious protective coatings for high-performance and standard copper, aluminum, and steel wires, raised a €€10.25m series A round led by Finindus, a Belgium-based investment company financed by ArcelorMittal and the Flemish Region.
  • Corticale, an IIT spinoff, raised €2m from an angel investor. The company is developing SINAPS, a technology that will be able to “listen” to brain activity through micro-implants as thin as a hair.
Venture capital and access
The holding that holds them all
  • I found this article quite interesting: it’s again about Intesa Sanpaolo acquiring a stake in Futura Invest spa. The amusing bit is that Futura Invest is a holding company with important shareholders (Fondazione Cariplo, Fondazione Enasarco, Mediolanum Vita, and others) that owns a stake in many Italian VCs (as a shareholder of the ManCo): Indaco, Vertis, LVenture, Eulero Capital, Quadrivio SGR.
  • Sometimes just investing in the funds is not enough. You really want a piece of the governance 👥.
Jobs in Italian startups
  • You can explore open positions here. Feel free to share the link with your contacts.
  • New this week: open positions from Clearbox.ai (Frontend Engineer) and Freedome (Partner Success Manager, Content Manager, Frontend Developer).
  • As you know, CDP Venture Capital launched its XJobs platform a few months back. They are currently offering more than 500 openings from more than 50 startups. If you want, you can apply for free and have your jobs positions posted on the platform; just follow this link.
  • From now on, I am retiring my airtable form and I’ll be sharing the latest, most interesting positions from the XJobs platform. I’ll keep the link to my airtable available for a few more weeks before shutting it down.
  • Less work for you, less work for me, and more value for the ecosystem.
Interesting positions published in the last few weeks:
Ending Notes
Let me know your feedback about the XJobs platform, and feel free to write me with any questions. Having a single point of information for the Italian startups was my goal, and the CDP team is doing an excellent job at offering an aggregated jobs platform.
Finally, remember to join the Clubhouse conversation between Giacomo Mollo and myself commenting on the news every Monday at 6:30 pm CEST. In case you miss the live discussion, you can subscribe to the podcast on Spotify.
Have a great week!
N.
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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