Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Wearable Robotics, a robotics startup, raised €5m in a Series A round from CDP Venture Capital, MITO Technology, LIFTT, SIMEST, RoboIT, and Toscana Next.

• Capsule Corporation, a space-tech startup, 🇮🇹raised €0.8m in a Seed round from Cdp Venture Capital Sgr (Takeoff Accelerator), kopa ventures, Moonstone Venture Capital, and business angel.

The Money - International 🌎

• Depthfirst, a cybersecurity startup, raised €80m in a Series B round from Meritech Capital, Forerunner Ventures, The House Fund, Accel, Box Group, Liquid 2 Ventures, Alt Capital, and Mantis VC.

• NEOH, an Austrian foodtech startup, raised an undisclosed round from Linfa (Riello Investimenti Sgr), and international partners.

M&A🥩

• Znext 🇮🇹acquired Factanza.

• Bending Spoons acquired Tractive.

Reading this week📚

• P101 released the State of Italian VC report.

• An 🇮🇹interview with Alessia Paccagnella, founder of VibeFlow.

• WhatsApp notifies hundreds of users who installed a fake app made by government spyware maker | TechCrunch.

• TIM and CDP Venture Capital sign a MoU to promote innovation and development of italian startups and technologies.

• 2026 Market Overview | Hamilton Lane.

• Logan Bartlett (Redpoint Ventures): "Reflections on the State of the Software and AI Market" | X.com

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

New this week:

• Legal Counsel - Associate at Tech Europe Foundation (TEF)

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Trifoglio, a startup operating in the carwash space, 🇮🇹raised €30m in a round from various investors including Luca Pretto and Paolo Frigati.

• Subbyx, a consumer electronics-as-a-service platform, raised €30m in a Series A round from Systemiq Capital, Azimut, and Flashpoint.

• Dronus, a startup developing industrial drones, 🇮🇹raised €15m in a Growth round from Algebris, Azimut ELTIF Venture Capital ALIcrowd III/IV, CDP Venture Capital, SIMEST, and Eni Next.

• Foreverland, a food-tech startup, raised €6m in a early-stage round from Kost Capital, Maia Ventures, CDP Venture Capital, Linfa agrifoodtech fund, and Newtree Impact.

New funds 💫

• 360 Capital announces €85M close for Poli360 2, targeting €100M.

Reading this week📚

• Tether hires KPMG for USDT audit, brings in PwC as it gears up for U.S. expansion.

• The Italian EdTech market is 🇮🇹worth €2.7bn and 11,000 employees.

• Lorenzo Pireddu 🇮🇹appointed managing director for Qonto Southern Europe.

• EDIH PRIDE 🇮🇹announced an innovation contest for Hitachi rails - calling for startups developing in the artificial intelligence and cybersecurity sectors

Listening this week 🔈

• A while ago I was interviewed by the good guys at UNICORNI podcast. Here’s our conversation about the current status of VC, how the job evolved in the last decade, unicorns vs dragoons and other mythical animals. In 🇮🇹Italian!

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• UpSurgeOn, a medtech startup, 🇮🇹raised €5m in a Growth round from CDP Venture Capital SGR, Simest S.p.A., Deep Blue Ventures, Azimut Libera Impresa SGR S.p.A., and FBH S.p.A.

• Alomana, an AI startup, raised €4m in a seed round from CDP Venture Capital, Italia Venture II – Fondo Imprese Sud, Founders Factory, Kairos Ventures ESG One, Gresilent Holdings, Italian Angels for Growth (IAG), and Club degli Investitori.

• CiaoDott, an AI startup, raised €1.5m in a Pre-seed round from The Techshop, Vento, Club degli Investitori, Growth Engine, and Alpha Venture.

Reading this week📚

• Italian AI company Ipazia 🇮🇹ranked first in ServiceNow BrowserGym leaderboard.

• EU Inc, the first step towards a company incorporated under European law.

• Rai Way 🇮🇹announces new data center in Pomezia.

• The GTM Flywheel Behind $7M ARR | X

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Latest entries:

• AI Salon Rome: OpenClaw Workshop con Urbe Hub.

• AI | Capitali | Codice Chi guida davvero la trasformazione? L’intelligenza artificiale tra equity, impresa e algoritmi.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Cleafy, a fraud prevention startup, raised €12m in a Growth round from United Ventures, and eCAPITAL.

• Gyala, a cybersecurity startup, 🇮🇹raised €4m in a Growth round from Deep Ocean SGR, Terna Forward, CDP Venture Capital, and Ventive.

• Mirai Robotics, a startup developing autonomous vehicles for the maritime sector, raised €3.5m in a Pre-seed round from Primo Capital, Techshop, and 40Jemz Ventures.

• Accudire, a supply-chain digitalization startup, 🇮🇹raised €1m in a seed round from Business Angels

• Mr. Franz (soon to be renamed to HINT), a travel companion startup, 🇮🇹raised €500k in a Pre-seed round from Business Angels.

• IperMoney, a fintech startup, raised an undisclosed amount in a Seed round from 3M Stp.

New Funds

• Lumen II 🇮🇹announced its first closing.

M&A 🥩

• TeamSystem 🇮🇹acquired Nibol.

Reading this week📚

• Neura Robotics raised €1bn from Tether.

• Italian Legal BERT: A pre-trained Transformer Language Model for Italian Law | Hugging Face.

• An 🇮🇹interview with Lexroom cofounders.

• Services: The New Software | Sequoia.

• Too Big to Succeed | Odin.

• AI x Product: Use Cases for the Application Layer | Tommaso Moraca.

• Insane resilience:

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Latest entries:

• Plug and Play Italy Summit

• Aperitif for entrepreneurs and innovation enthusiasts in Bologna

• Aperitif for entrepreneurs and innovation enthusiasts in Florence

• Aperitif for entrepreneurs and innovation enthusiasts in Rome

• 14° Ai Salon Torino

• BSUP - Fare startup ai tempi dell’AI

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• ISAAC, a solution to improve earthquake resilience for buildings, 🇮🇹raised €14m in a Growth round from CDP Venture Capital, 360 Capital Partners, Axon Partners Group, Gruppo Azimut, Ring Capital, and NovaCapital.

• Techvisory, an AI advisory and product startup, raised €2.5m in a Early-stage round from institutional investors.

• Qura, an health management startup, raised €1.5m in a Pre-seed round from United Ventures, Vento, and Italian Angels for Growth (IAG).

• Flowy, a data startup for mobility,🇮🇹raised €1m in a seed round from CrossConnect, Business Angels and Maggioli Group.

• Roboze, a smart manufacturing startup, raised an undisclosed amount in a Growth round from Rule 1 Ventures, Privcorp Ventures, Heather Podesta, Gary Ang, Tholus Capital, Ferrari Family Office, Federico Faggin, and Rialto Venture Capital.

• Rent2Cash, a cash advance startup for home owners, raised €100m in a debt and equity round from International investment fund with expertise in structured finance and real estate-linked operations.

The Money - Italians abroad💰🌎

• Eight Sleep raised a Growth round from Tether Investments at a €1.5b valuation.

New Funds

• Atempo Growth 🇮🇹raised €455m for its venture debt fund.

M&A 🥩

• Onetag acquired Aryel.

Reading this week📚

• Francesco Simoneschi (CEO, TrueLayer) interviewed on Tech.eu podcast | Tech.eu

• Female Innovation Index 2026 | Female Foundry.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Sinergy Flow, an energy-tech startup, raised €7m in a Late-stage round from CDP Venture Capital, 360 Capital, Tech4Planet, and Exergon.

• AutoConnexa, an insuretech startup, raised €4.4m in a Early-stage round from CDP Venture Capital, Crédit Agricole, Club degli Investitori, Lumen II, MBSpeedUp, ITAS Mutua, and Doorway.

• Quido, an AI startup for finance, 🇮🇹raised €1.6m in a Seed round from Vertis sgr, Frontech, SevenData, and Edrom.

The Money - Italians abroad💰🌎

• Proxima Fusion raised €400m in a Growth round from Bavaria, RWE, IPP (Max Planck Institute for Plasma Physics).

• Axelera AI raised €250m in a Growth round from Innovation Industries, BlackRock, SiteGround Capital, Bitfury, CDP Venture Capital, European Innovation Council Fund, and others.

• YOU(th) Health Tech raised €4.5m in a Early-stage round from Callisto Health, caesar., adesso Ventures, Antler, Moonstone, 1024 Ventures, and others.

M&A 🥩

• Var Group acquired Innotech.

Reading this week📚

• Adaptronics and Fluid Wire Robotics each 🇮🇹received a €2.5m grant from the EIC Accelerator.

• Agentic AI Is a Massive Opportunity for B2B Software.

• 🇮🇹The Swiss opportunity for Italian food-tech startups | IndustriaItaliana.

Tech Transfer Academy - Powered by ITA

Starting March 11, Italian Tech Alliance launches the first edition of the Tech Transfer Academy: a program designed to bridge the gap between research and the market by providing a roadmap to transform discoveries into enterprises and fostering dialogue among key ecosystem players.The program includes 6 sessions (Wednesdays, 12:00–14:00 CET): 4 online and 2 hybrid (in-person in Milan + streaming) for the Opening and Closing. The journey concludes on April 29 with an exclusive site visit to the Human Technopole Foundation in Milan (limited seats, registration required).Apply by March 6 EOD. You can find all the details, download the full program, and submit your application here.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

New this week:

• Operations Assistant (Internship) at TennisTalker

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

• Italian Tech Week 🇮🇹becomes Wave by Vento.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Contents, a mar-tech startup, 🇮🇹raised €7m in a Series B round from Qatar Development Bank, and Alkemia Capital.

• NANDO, an AI waste monitoring startup, raised €3.3m in a Growth round from Maia Ventures, CDP Venture Capital SGR, Fondo Piemonte Next, Club degli Investitori, LA4G, and EMBA Capital Partners.

• Kampaay, a corporate events startup, 🇮🇹raised €2m in a Series A round from CDP Venture Capital, Kairos Partners, and Doorway.

• K3RX, a new materials startup, raised €1.65m in a Seed round from Deep Ocean Capital and RoboIT.

• GenoGra, a genomic analysis startup, raised €1m in a Pre-seed round from Maia Ventures (Praesidium SA) PM Holding, and Terra Next.

• Intuos, an AI-IoT software platform, raised €720k in a Seed round from Argo, Techstars, Ventive, and business angels.

• Xference.ai, an inference-as-a-service platform, 🇮🇹raised €700k in a Pre-seed round from Bastiano Sanna, Niccolò Perra, and other business angels.

M&A 🥩

• eBay to acquire Depop from Etsy.

Reading this week📚

• FT ranking: Europe’s leading start-up hubs 2026 | FT.

• AI: The Wrong Kind of Bubble | Sameer Singh.

• The Due Diligence Playbook: What VCs Actually Analyse Before They Invest | Chris Tottman.

Tech Transfer Academy - Powered by ITA

Starting March 11, Italian Tech Alliance launches the first edition of the Tech Transfer Academy: a program designed to bridge the gap between research and the market by providing a roadmap to transform discoveries into enterprises and fostering dialogue among key ecosystem players.The program includes 6 sessions (Wednesdays, 12:00–14:00 CET): 4 online and 2 hybrid (in-person in Milan + streaming) for the Opening and Closing. The journey concludes on April 29 with an exclusive site visit to the Human Technopole Foundation in Milan (limited seats, registration required).Apply by March 6 EOD. You can find all the details, download the full program, and submit your application here.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

New this week:

• Founder’s Associate - Operations at MicroSignals, Inc.

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

New this week:

• Silicon Drinkabout Italy a Roma: networking event

• Scaleup Summit Turin 2026

• 13° Ai Salon Torino in OGR Torino

• 2nd Milan Hardware Meetup

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• BeNewtral, a clean-tech startup developing new materials for construction, 🇮🇹raised €7m in a Growth round from CDP Venture Capital, NovaCapital, Eureka! Venture SGR, Tech4Planet, and Edoardo Vernazza.

• MON5, a cybersecurity for critical infrastructure startup, raised €1.7m in a Seed round from Primo Capital (Primo Space) and Forward Factory.

• EXE Engineering, a clean-tech startup, 🇮🇹raised €550k in a Seed round from Eni Next and CDP Venture Capital.

M&A 🥩

• Röko acquired a majority stake in Lambda SpA from Primo Capital.

Reading this week📚

• Italy, Kenya and the United Nations Development Program 🇮🇹organized the Nairobi AI Forum | StartupBusiness.

• Tool Shaped Objects | X.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

New this week:

• Product Designer at Pillar SRL

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

New this week:

• AI Salon Roma

• AI Salon Bologna - AI & Sustainability

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Newcleo, a French and Italian startup working on nuclear power, raised €75m in a Growth round from Kairos, Indaco Ventures, Azimut, CERN pension fund, Walter Tosto, Danieli & C, Cementir Holding NV, Orion Valves, and NextChem.

• LianeCare, a platform for caregivers, raised €1m in a Seed round from Zest, Apside, and Italian business angels.

• Omney, a financial education startup, 🇮🇹raised €510k in a Pre-seed round from undisclosed investors.

Reading this week📚

• Retelit invested €100 million in two new AI-ready data centers in Milan Bisceglie | Retelit.

• Space start-up Alpha Impulsion receives the European “Game-Changing Innovation” prize worth €950,000.

• The 7 Deadly Sins of Venture Capital in Italy (with a bonus map of the Italian VC ecosystem 🗺️) | Startup Wise Guys.

• Baby VC is opening applications to their next bootcamp campus.

• Protocol Agent: What If Agents Could Use Cryptography In Everyday Life?

• What’s in store for European deeptech in 2026, according to investors | Sifted.

• The hubs to pay more attention to in 2026 (featuring Milan) | Sifted.

• YC’s Spring shopping list | YCombinator.

Watching this week 🎥

A 🇮🇹video interview with Giulio Michelon and myself discussing how a VC fund works | Youtube.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

New this week:

• INNOVATION MEETUP - Roma

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Postura Ergonomics, an AI health-tech startup, 🇮🇹raised €2.75m in a Early-stage round from CDP Venture Capital SGR and Indaba.

• Bandosubito, a fintech platform for grants, 🇮🇹raised €2m in a Early-stage round from Zest, CDP VC, OpenT, Apside, Fin+Tech accelerator, and Andrea Piol.

🤝 M&A

• Smart Capital, CrowdFundMe, and WeAreStarting 🇮🇹signed a merger agreement to create a new listed group for SME finance.

• TeamSystem 🇮🇹acquired AIG Classic.

Reading this week📚

• Tether Delivers $10B+ Profits in 2025, $6.3B in Excess Reserves, and Record $141 billion Exposure in U.S. Treasury Holdings | Tether.io.

• Genenta Announces Strategic Transformation into a Biotech, Defense, Aerospace, and National Security Industrial Consolidator | Genenta Science.

• The hubs to pay more attention to in 2026 (Milan is the Italian city among them) | Sifted.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

• AI Voice Agent Hackathon powered by ElevenLabs - Milan

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• D-Orbit, a space-tech company, 🇮🇹raised €110m in a Growth round from Azimut.

• BRUM, an EdTech startup, raised €5m in a Early-stage round from Italian Founders Fund.

• Elai, an AI startup, 🇮🇹raised €3m in a Early-stage round from AI Acceleration, Zest, and CDP Venture Capital.

• Robin Health, an health-tech startup, 🇮🇹raised €2m in a Pre-seed round from Step Fund.

• Lab-go, an anti-counterfeiting startup, 🇮🇹raised €1.4m in a Early-stage round from a pool of Italian and Swiss business angels.

• Dilica Srl, the creator of the open source library Mosaico, 🇮🇹raised €1m in a Pre-seed round from Connect Ventures and Vento.

New Funds 💫

• Travel Tech 2 🇮🇹raised €50m to invest in travel tech startups across Europe.

Reading this week📚

• Startup Dogs: 🇮🇹an interview with Luca Foresti, founder of Clinica Santagostino | Spotify.

• 🇮🇹Innovation in the Italian space economy, a joint research by LIUC and PoliMi.

Venture Capital Report FY 25

Italian Tech Alliance and Growth Capital released their Venture Capital Report FY25. Follow the link to read the full report. Below, the slides that most caught my eye:

• The growth rate of the amount invested in Italy is one of the highest in EU.

• Median and mean values at the pre-seed and seed stages are well below European peers.

• Same for Series As and Series B

• Exit activity is lacklustre, with very few “headline” deals (e.g. Arduino→Qualcomm, Prima Assicurazioni → AXA):

  

• International investors activity has been trending up:

  

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Carol, a digital health startup, 🇮🇹raised €6.5m in a Growth round from Futura SGR and P101 SGR.

• Rara Factory, a startup applying AI to finding novel materials and compounds, 🇮🇹raised €3.2m in a Seed round from Primo Capital, CDP Venture Capital, and Alberto Baban.

• Small Pixels, an AI-based video enhancement startup, raised €1.67m in a Early-stage round from Match Ventures SCSp, Frontech s.r.l., National Technology Transfer Center for AI & Cybersecurity, and Fondo Toscana Next.

• Bricks.sh, a AI-first admin panels builder for non-tech teams, raised €1.6m in a Pre-seed round from Primo Capital, Octopus First Cheque Fund, Eden Ventures, Vesper Holding, and Vento.

• Butterfly Decisions, a decision support platform, 🇮🇹raised €1.2m in a Early-stage round from Vertis SGR, CyberXcelerator, and business angels including Maria Grazia Campanile.

• Liv4, an AI-assisted process monitoring startup, 🇮🇹raised €0.5m in a Pre-seed round from Bernhard Konzet, Claudio Ognibene, Sean Milloy, Giovanni Giunchedi, Intesa Sanpaolo, and Banca d'Imola.

The Money - Italians in the world 🌎

• Klearly raised €12m in a Series A round from PayPal Ventures, Italian Founders Fund, Global PayTech Ventures, Antler Elevate, and Shapers.

M&A🥩

• Starting Finance 🇮🇹acquired Talkin Pills.

Reading this week📚

• 🇮🇹According to the EY Venture Capital Barometer, the Italian VC market reached almost €1.5b. The bottom line: Italy is growing but still lags behind its European peers.

• AI Agents Map (already too many of them?).

• 🇮🇹A brief history of Muscope | StartupItalia (spoiler: Primo Capital is the unmentioned Italian fund 😁).

• Primo Perspectives: 🇮🇹why decarbonization needs new materials | Primo Capital.

• Vado 🇮🇹entered into a partnership with Nexi to digitalize vending machine payments.

• The AI revolution is here. Will the economy survive the transition?

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Newest entries:

• Product Manager (Founding team) at Hale

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Newest entries:

• BSUP #29 - CSMT Startup Boost

• AI Salon Bologna

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Lever Bio, a cancer immunotherapy startup, extended its seed round to €9m, raising from Claris Ventures, Ora Global, Club degli Investitori, and Italian Angels for Growth.

• Principled Intelligence, an AI-alignment startup, raised €1.85m in a Pre-seed round from Polo Nazionale di Trasferimento Tecnologico per l'Intelligenza Artificiale e la Cybersecurity, BlackSheep, and Eden Ventures.

• Pipein, a robotic inspection company, 🇮🇹raised €1.1m in a Growth round from BlueRobots, Fondo PiemonteNext-Comparto Due, and RoboIT.

• Dresso, a fashion-tech startup, raised €1m in a Early-stage round from undisclosed investors.

The Money - Italians in the world 🌎

• Even Healthcare raised €20m in a Growth round from Lachy Groom, Alpha Wave, and Sharrp Ventures.

M&A🥩

• Ping Identity acquired Keyless.

Reading this week📚

• 🇮🇹Three Italian investors weigh in on the AI bubble | Startupitalia.

• 🇮🇹Pizzatech Podcast: storie di startup e tech founder italiani all’estero | A podcast about Italian founders building abroad, by Pizza Tech.

• Casavo is 🇮🇹raising €12m in a controversial round that is diluting to zero existing shareholders.

• Satispay 🇮🇹expanded its wealth management offering with three new funds.

• AMD x Generative Bionics: Gene.01 Unveiled at CES 2026 | Generative Bionics.

• Are “Consensus” Seed Rounds Better? | AngelList.

2025 at a glance

In a few weeks we will be flooded by detailed analyses about the last year in VC in Italy, but let me serve you an appetizer from my tracker:

1. 2025 was the second best year on (my) record in terms of capital raised by Italian startups - about €1.6Bn:

   

2. Q4 2025 was the best quarter on (my) record for capital raised:

   

3. In the list of the 10 biggest rounds raised in the year, Exein appeared twice (#3 and #5). Good performance from biotech (AAVantgarde Bio #2, NanoPhoria #4), and an unexpected but very welcome humanoid robotics player (Generative Bionics, #6). Bending Spoons was #1.

4. The most active investors in terms of mentions include (overwhelmingly and unsurprisingly) CDP Venture Capital, mentioned in more than 60 rounds; Vento (18) and Azimut (12) complete the podium. Primo Capital (10), Club Degli Investitori (9), Italian Founders Fund (9) follow.

5. Some statistics about the rounds in my tracker:

   1. # of rounds: 244

      1. About half labelled “pre-seed” or “seed” in the news articles.

   2. Median: €2.1m

   3. Average: €6.6m

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Newest entries:

• Investment Associate at Primo Capital

• VC Ecosystem Analyst internship at Italian Tech Alliance

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Newest entries:

• INNOVATION MEETUP - Milano

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Exein, a cybersecurity startup, raised €100m in a Growth round from Blue Cloud Ventures, HV Capital, Intrepid Growth Partners, Geodesic Capital, and J.P. Morgan.

• Limenet, a startup producing carbon-free lime, 🇮🇹raised €7m in a Growth round from CDP Venture Capital and Fassa Bortolo.

• Haptena Therapeutics, a biotech startup, raised €3m in a Seed round from Claris Ventures.

• ChemiCare, a biotech startup, 🇮🇹raised €2.5m in a Seed round from CDP Venture Capital SGR, Bio4Dreams, and Bridge4Pharma.

• TeachCorner, an edtech startup, raised €1.05m in a Early-stage round from Ad4Ventures, Urban Venture, Pamventure, and Clarkson Hyde Advisory.

Reading this week📚

• Two new 🇮🇹investments for Terna Forward: Hibot and Hypermeteo | Startupitalia.

• Nexi Rejects TPG’s €1 Billion Bid for Digital Banking Unit | Bloomberg.

• ITALY: About 42% of teenagers turn to AI when they feel sad, anxious, or for life decisions | Save The Children.

• E4 Computer Engineering issued first tokenized bond in Italy.

• The era of jobs is ending.

• The AI Supercycle Has Arrived | Battery Ventures

• We Let AI Run Our Office Vending Machine. It Lost Hundreds of Dollars | WSJ

• 2025 LLM Year in Review | Andrej Karpathy on X

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Newest entries:

• CEO Shadow (Internship) at Over Ventures

• Senior Account Executive at Plino.ai

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

This is the last issue of TWIS for 2025. It was a good year for the Italian market, all in all. Now it’s time to take a small break, catch some energy, and get ready to dive into 2026.

Happy new Year, dear reader, see you in a few weeks!

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Generative Bionics, a humanoid robotics startup, 🇮🇹raised €70m in a Growth round from CDP Venture Capital, AMD Ventures, Duferco, Eni Next, RoboIT, and Tether.

• Equixly, an agentic AI cybersec startup, raised €10m in a Series A round from 33N Ventures, Alpha Intelligence Capital, JME Ventures, 360 Capital, and Fondazione Cassa di Risparmio di Firenze.

• Ogyre, a climate-tech startup, 🇮🇹raised €3.8m in a Growth round from Vertis SGR, Crédit Agricole Italia, and Open Venture.

• Random Power, a quantum-based hardware startup, 🇮🇹raised €2.6m in a Early-stage round from Deep Blue Ventures, Emerald Development Managers LP, 40Jemz Ventures, and Galaxia.

• Ekory, a knowledge management startup, 🇮🇹raised €150k in a Pre-seed round from ZNEXT.

Reading this week📚

• ESA BIC Turin, a space-tech incubator, 🇮🇹has supported 30 space-tech startups that raised €24m to date.

• Primo Deep Dives - Space Economy | Primo Capital.

• AutoBench Goes to the Farm with Evja: The First Ever Agronomy Benchmark | HuggingFace.

• Veolia 🇮🇹announced Research Gateway, an accelerator for green energy and climatetech | Industria Italiana.

• Italy: EIB invests €70 million in Scalapay to accelerate technological innovation in Europe | EIB.

• 2025: The State of Generative AI in the Enterprise | Menlo Ventures.

• Audiencerate Achieves Google Customer Match Partner Status, strengthening its role as a Global Data Provider | BusinessWire.

• Big ideas 2026 | A16Z.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Newest entries:

• Senior Freelance dev at PickEat

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Newest entries:

• Get it! 8° Investor Day

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

This issue comes one day later than usual as I spent a bank holiday with family.

The Money 💰

• Pack, an HR-tech startup, raised €2.3m from Acadian Ventures, completing its Series A announced back in September.

• Liabilix, an anti-fraud analysis startup, raised €1.2m in a Pre-seed round from DFF Ventures, FJ Labs, Plug&Play, and Business Angels.

The Money, international 💰🌎

• Morphocell Technologies raised €50m in a Series A round from Investissement Québec, and CDP Venture Capital.

• Saporo raised €7m in a Series A round from TIN Capital, G+D Ventures, CDP Venture Capital, XAnge, Lightbird VC, and Session VC.

M&A

• Bending Spoons buys Eventbrite for $500 million (an 80% premium on average trading price).

New Funds💫

• The EIB and Angelini Ventures 🇮🇹entered into a €150m agreement to invest in European startups.

Reading this week📚

• A bit of self-promotion: this week I was honored to be🇮🇹featured in Stefano Gatti’s La Cultura Del Dato.

• Harmonic Innovation Group 🇮🇹raised €600m to build a global platform to foster research, new technologies, and investments with a humanistic & ethical approach.

• Shop Circle secured $100M credit facility as it positions itself as Europe’s alternative to VC funding | TechEu.

• AI Venture Builder 🇮🇹raised €2.85m on Republic Europe.

• State of AI: an empirical 100 trillion token study with OpenRouter | OpenRouter.

• Win the First 5 Seconds: The YC Landing Page Formula for Early-Stage Startups | VC Corner.

• Beyond the Bubble: Why AI Infrastructure Will Compound Long after the Hype | KKR.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Newest entries:

• Entrepreneur in Residence (EIR) – Future CEO & Co-Founder | Novagria Ventures at Novagria Ventures

• Entrepreneur in Residence (EIR) – Future CTO & Co-Founder | Novagria Ventures at Novagria Ventures

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Newest entries:

• B4i Call for Startups - Batch XIII | Q&A Time

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Real Bowl, a fresh dog food subscription service, raised €3.2m in a Seed round from undisclosed investors.

• Blubrake, a bicycle tech company, 🇮🇹raised €2.5m extending its 12m round opened in April, from Suprajit and Primo Capital.

• Totally Innovation, a media tech company, 🇮🇹raised €600k in a Pre-seed round from Invitalia, Ventive, and studio Villa & Associati.

• Johix, a company offering a platform for subscription rental services, 🇮🇹raised €300k in a Early-stage round from MB Speedup (Founders Factory + Mediobanca).

New Funds💫

• Berlin VC firm Future Energy Ventures raises second fund of €235m | Sifted [they raised €30m from CDP].

Reading this week📚

• Menarini, Exein and Tundr 🇮🇹won EY’s Entrepreneur of the Year 2025 | StartupItalia.

• The Techshop is 🇮🇹preparing to raise its second fund | Startup Business.

• London & Milan’s BKN301 Group secured €11m in a credit line from BlackRock | EU Startups.

• A 🇮🇹profile of Alps | StartupItalia.

• Last week, I teamed up with Kevin Indig from Growth Memo, Growth Capital, G2, and Wordlift analyzing what is going on in the AI Search market, and we produced a brief but rich memo that you can find here. TL;DR: a lot of capital is being deployed in the monitoring space, but long term value might be in outcomes, not insights (read: agents, not dashboards). Head over to Kevin’s newsletter for the full article.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• Biocentis, a UK and Italy based biotech startup, 🇮🇹raised €11m in a Seed round from Algebris Climatech, Grantham Foundation for the Protection of the Environment, Grantham Environmental Trust, Neurone, Corbites, Novaterra, and business angels.

• Finapp, a water measurement startup, raised €8.64m in a Series A round from Linfa, MITO Tech Transfer, Crédit Agricole Italia, and Tech4Planet.

• ALBA Robot, an autonomous micro-mobility startup, raised €4.985m in a Series A round from CDP Venture Capital, Next Investments, and Enthofin.

• Guidoio, a next-gen driving school, raised €3.5m in a Seed round from 360 Capital, Azimut Libera Impresa SGR S.p.A.

• Klaaryo, an HR-Tech startup, 🇮🇹raised €2.1m in a Seed round from The Techshop, Frontech, Ottavio Maria Campigli, Paolo Fois, Business Angels.

• Overlab, a cleantech startup, 🇮🇹raised €450k in a Pre-seed round from Zero (CDP Venture Capital), COESA Group, and Business Angels.

M&A🥩

• LimoLane announced acquisition of Driven Worldwide..

New Funds💫

• Keen Venture Partners launched the European Defence and Security Fund.

Reading this week📚

• 🇮🇹An interview with Luca Ferrari (Bending Spoons) | Repubblica.

• Group Chats, Collective Intelligence & the Future of AI-Fueled Collaboration | Luigi Congedo.

• AI eats the world | Benedict Evans.

• The State of European Tech 2025 | Atomico.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

[Sponsored] iN3 Ventures launches a Corporate Innovation & Corporate Venture Workshop Series

What if you could bring together some of the top global thinkers in corporate venture and innovation? A cutting-edge, executive-level program designed for corporate leaders who want measurable results and a world-class network.

Inside the cohort:

• Strong Value Propositions with GenAI — Alexander Osterwalder (Strategyzer)

• Innovating in ClimateTech — Patrick Oungre (A2A)

• Innovation Portfolio Management — Mikkel Draebye (KAUST & SDA Bocconi)

• Corporate Development as a Service — Neal Hansch (Silicon Foundry)

• AI Innovation for Business — Alex Dang (The Venture Mindset)

• From Corporate VC to Independent Fund — David I. Bassani (Maia Ventures)

What you get:

• 6 live sessions across 4 months + full recordings

• Interactive fireside chats with corporate venture pioneers

• Practical playbooks: GenAI value propositions, CVC models, portfolio management, AI innovation

• Executive-only cohort with curated peers, meetups, and priority access to future programs

For: C-suite, VP, Director, and Executive leaders in Innovation, Strategy, BD, and Corporate Development.

Check out the website for details: https://in3.ventures/webinar/

Apply: Contact iN3 Ventures on LinkedIn or email giacomo@in3.ventures to schedule an onboarding call.

The Money 💰

• CommerceClarity, a next generation ecommerce platform, raised €2.7m in a Pre-seed round from Italian Founders Fund, Entourage, Redstone, Euregio+, Vento, Ithaca Investment, and Vesper Holding.

• OhmSpace, a spacecraft propulsion startup, raised €2.5m in a Seed round from Galaxia, Takeoff Accelerator, Scientifica Venture Capital, Deep Ocean Capital SGR S.p.A.

• 2WATCH, a digital media publishing house, 🇮🇹raised €2m in a Growth round from Stefano Bassi, Alessandro Avallone, Luca la Mesa, Fabio Lalli, Mirko Lalli, Donatello Bianco, Andrea Giudici, Massimo Petrella, Francesco di Norcia, RedRock, Pathfinder, Farmacosmo, and Side Angels.

• LexDo.it, an accountant-as-a-service startup, raised €1.7m in a Pre-seed round from Invitalia, Viceversa, Roberto Spada, Luca Orsini, and Roberto Lombardi.

The Money International 💰🌎

• U-Space, a French manufacturer of small satellites, 🇮🇹raised €24m in a Series A round from Blast, Bpifrance (Definvest fund), Expansion, Primo Capital (Primo Space fund), Karot Capital, Aris, and Vertech Finance.

Reading this week📚

• Neva Sgr, 🇮🇹from AI to quantum computing | MilanoFinanza News.

• Tether eyes €1bn funding deal with AI robotics start-up Neura | FT.

• Bending Spoons’ Remini App Hits 1.16 Million Weekly Installs Following Integration of Google’s ‘Nano Banana’ AI Model | Morning Star.

• 2025 SaaS Benchmarks Report | High Alpha.

• Presenting: The State of the Agentic Financial Stack | MostlyMetrics.

• From Words to Worlds: Spatial Intelligence is AI’s Next Frontier | Dr Fei Fei.

• The European software paradox: big market, small scale | ShopCircle.

• Startups driving Europe’s AI transformation | Dealroom.

• 🇮🇹Novagria: venture building serving Made in Italy | EFA News.

• What’s working in GTM right now. | Growth Unhinged.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

New events added this week:

• Community Capital Showcase.

• Intelligence in Motion: What Happens When AI Acts?

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.

The Money 💰

• AAVantgarde Bio, a life sciences startup, raised €122m ($141m) in a Series B round from Schroders Capital, Atlas Venture, Forbion, Amgen Ventures, Athos Capital, CDP Venture Capital, Columbia IMC, Neva SGR, Sixty Degree Capital, XGen Venture, Willett Advisors, Longwood Fund, and Sofinnova Partners.

• Adaptronics, a robotics startup, 🇮🇹raised €3.15m in a Seed round from 360 Capital, Galaxia, CDP Venture Capital, and Obloo Ventures.

• Stormind Games, a gaming startup, 🇮🇹raised an undisclosed amount in a Growth round from Marsa Holding.

New Funds 💫

• First 🇮🇹closing for Step Fund.

Reading this week📚

• The 🇮🇹richest Italian families in 2025 | Milano Finanza.

• Simest 🇮🇹invested €1.3m in Tulum Energy | Il Sole 24 Ore.

• 🇮🇹Fasteer AI, an agentic platform to build startups from scratch | Il Sole 24 Ore.

• An 🇮🇹interview with Tuidi’s founders | Bebeez.

• Italy’s Nexi says it received a €1Bn offer from TPG for digital banking assets | Reuters.

• What’s working in GTM right now.

Jobs in Italian Startups🌟

If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

New events added this week:

• AI Automation Hackathon powered by n8n

• Climate Tech Frontiers Summit

• AI Salon: Roma

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.