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The week in Italian startups - Issue #85

The week in Italian startups - Issue #85
By Niccolò Sanarico • Issue #85 • View online
Hello,
I am Niccolò from Primo Ventures. Welcome back to my digest of the latest news from the Italian startup ecosystem.
In this issue: Termo, Cellply, Mirta, and many others raise funding. Genenta and Sababa go public. Acquisitions for Moneyfarm, CY4gate, BusForFun. New funds from Neva and the Ministry of Economic Development.
Enjoy the reading,
N.
Editorial note: this will be the last regular issue for 2021, I’ll be back in your inbox on the 10th of January. Happy holidays!

The Money
IPOs, M&A, liquidity events
  • Genenta went public on the Nasdaq, selling 2.4m shares at $11.50 per share.
  • Sababa Security 🇮🇹went public on the Euronext Growth Italia market, raising €9m.
  • Moneyfarm acquired Wealthsimple’s portfolio of 16.000 UK customers.
  • GO Sharing acquired Zig Zag Sharing.
  • BusForFun 🇮🇹 acquired GoGoBus’ assets.
  • CY4gate 🇮🇹announced the acquisition of Aurora SpA, a holding controlling 8 cybersecurity companies, for €90m.
  • Babylon Cloud 🇮🇹acquired a minority stake in Maxtrino.
New funds & accelerators
  • CDP Venture Capital launched Forward Factory, a new accelerator for industrial innovation, alongside GELLIFY, Azimut Libera Impresa, Scm Group, and others.
  • The Italian Ministry for Economic Development 🇮🇹announced the creation of a €45m fund dedicated to AI and blockchain.
  • Neva, the VC fund owned by Intesa SanPaolo, launched Neva First Italia, a fund dedicated to deeptech and fintech investments.
Reading this week
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.
Ending Notes
Join the Twitter Spaces conversation between Giacomo Mollo and myself commenting on the latest news, every Monday at 6:30 pm CET (follow us for a live reminder: Nico / Jack). If you miss the live discussion, you can subscribe to the podcast on SpotifyApple Podcast, and other podcast platforms.
Best wishes ❄️🌟🎄
N.
This newsletter is supported by Italian Tech Alliance.
This newsletter is supported by Italian Tech Alliance.
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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