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The week in Italian startups - Issue #77

The week in Italian startups - Issue #77
By Niccolò Sanarico • Issue #77 • 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: Credem invests in the USA. 3DNextech raises funding. Atida acquires An interview with Claudia Pingue. Azimut and Gellify move East.
Enjoy the reading,

The Money
  • Credem, a bank that recently launched a corporate VC program, invested in Seattle-based fintech startup Noonum.
  • 3DNextech, a startup developing 3D printing solutions, 🇮🇹raised €750k in a round led by CDP Venture Capital.
  • Swiss startup Sonect, the developer of a fintech app, raised €4.65m in a round led by IAG and completed on crowdfunding platform Doorway.
  • Atida 🇮🇹acquired, an online pharmacy e-commerce founded in 2011.
Technology transfer
  • Claudia Pingue, the head of the €275m Technology Transfer fund managed by CDP Venture Capital, 🇮🇹explained in an interview the investment strategy of the fund.
Azimut moves East
  • Azimut and Gellify announced the launch of a new fund focused on the Middle East and North Africa (MENA). The fund will target B2B startups and has a $50m target size.
Data Centers
Castello SGR is an investment company specialized in real estate (and with an 82% stake owned by Oaktree Capital). It just sold a greenfield located on the outskirts of Milan to an unspecified American buyer.
The interesting news is that the buyer is going to build a 60.000 sq.m. datacenter in the area, apparently one of the biggest in Europe.
Ending Notes
Join the Clubhouse conversation between Giacomo Mollo and myself, commenting on the latest news, Monday at 6:30 pm CEST. If you miss the live discussion, you can subscribe to the podcast on Spotify, Apple Podcast, 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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