The week in Italian startups - Issue #61
Brumbrum, a used car sale & long-term rental marketplace, 🇮🇹raised €65 million from new and existing investors (paywall) [note: I could not find any other source confirming the news].
Habyt, a co-living startup, raised €20m from HV Capital, Vorwerk Ventures, P101, and Picus Capital. It also announced the merger with Homefully.
Zucchetti invested in Imagicle, a unified communication suite company (terms undisclosed).
Letsell, a turnkey eCommerce startup,🇮🇹 raised €1.5m from existing investors. The round is open for an additional €1.5m
Italian martech company Jakala 🇮🇹 acquired its Spanish competitor Bmind. Terms undisclosed.
CityNews, a local news company, 🇮🇹 acquired GoalShouter, a live comments platform for sports. Terms undisclosed.
Vertis SGR 🇮🇹 sold its stake in AutoXY to Gruppo Gedi. Terms undisclosed.
MotorK, an automotive sales&marketing company is considering an IPO on the Amsterdam stock exchange, according to Bloomberg.
CDP and Startup Wise Guys
CDP Venture Capital 🇮🇹 announced the launch of a new startup accelerator, this time in partnership with Startup Wise Guys: the CyberXcelerator will focus on cybersec & AI startups and the program will be based out of Cosenza, in the south of Italy. CDP and the industrial partners (Leonardo, Ntt Data) will commit €5m to support 30 startups in the next three years.
A group of entrepreneurs and investors 🇮🇹 is working on the launch of Edtech Italia, the association of Italian operators in the edtech market. If you are interested in participating, 🇮🇹there's a survey here.
Readings this week
Alberto Cresto from Lunar Ventures published a 59-pages deep dive on Privacy Enhancing Technologies.
McKinsey published its top trends in tech research.
Jobs in Italian startups
You can explore 🔍 open positions here. Feel free to share the link with your contacts.
You are welcome to add new open positions using this form 📥 . Or, forward the link to your CEO or HR person - the more open positions, the more relevant the list, the more it will travel across the web, the more candidates will see it. Thank you! 🙏🏻
The Week in Italian Startups goes Live on Clubhouse! Join Giacomo Mollo and myself discussing the deals of the week. Every Monday, from 6:30 pm to 7:00 pm. In case you miss the episode, you can subscribe to the podcast on Spotify.
Have a great week,