The week in Italian startups - Issue #38
Termo, the provider of a digital service platform for sustainable HVAC systems installation and maintenance for households, raised €8.5M from Fondo Italiano di Investimento (through its Tech Growth funds) and a pool of other investors.
Fondazione Golinelli and Fondazione di Sardegna joined forces to 🇮🇹 launch Utopia, an investment vehicle dedicated to life sciences startups. Utopia will be a "simple investment company" (società di investimento semplice), among the first adopting the recent Italian legislation that introduced this new type of vehicle.
A new CDP-sponsored Accelerator
CDP committed €1.65M, to be invested in up to 50 startups for the next 3 years.
CDP has the goal of supporting 20 different acceleration programs, each one specialized in a market segment that is strategic for the Italian economy.
ENEA Tech and its climate strategy
Fresh in his new role, Stefano Bernardi set out his investment thesis as director of the Green, Energy and Circular Economy investment vertical sponsored by Fondazione ENEA Tech.
This is the last issue of this newsletter for 2020 - this year has been a rollercoaster and I REALLY need a break. See you again in January 2021!
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Stay safe, and best wishes to you and your families,