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The week in Italian startups - Issue #73

The week in Italian startups - Issue #73
By Niccolò Sanarico • Issue #73 • 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: Treedom, Exein, and others raise funding; lessons learned from TrueLayer’s new unicorn status.
Enjoy the reading,

The Money
  • Treedom, a remote tree-planting startup, raised €10m in a syndicated round participated by Exor, Chiellini (the football player), Nico Roseberg, and various angels.
  • Exein, a cybersecurity startup, raised €6m in a round led by Future Industry Ventures and eCAPITAL Entrepreneurial Partners.
  • TrueLayer, the UK-based open banking API platform, raised $130m at a $1Bn+ valuation in a round led by Tiger Global and participated by Stripe. Pietro Bezza, the first VC investing in the company back in 2016, published a “lessons learned” post to recap his experience with the startup.
  • Home cooks network Le Cesarine 🇮🇹raised €1.1m from Finalca and CDP Venture Capital.
  • Gellify invested an undisclosed amount in Athics, a conversational AI startup.
Italian Tech Week
Last week the long-awaited Italian Tech Week took place, with Elon Musk as a special guest (unfortunately, not in person as it was originally advertised). In case you want to take a look, the videos from the event can be watched here.
A selection of positions published last week on 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.
Tweet of the week
I could not resist.🤖
Morgan Danielle
My dad made a “meme” and asked me to spread it as far as I can so here you go
Ending Notes
Join the Clubhouse conversation between Giacomo Mollo and myself, commenting on the latest news every Monday at 6:30 pm CEST. In case you miss the live discussion, you can subscribe to the podcast on Spotify (and other podcast platforms).
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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