The Money

• Translated, a Rome-based, AI-driven translation platform, raised $30m in a round led by Ardian.

• Wonderflow, an Amsterdam-based (but led by Italian founders) customer analytics startup, raised $20m in a round led by Klass Capital.

• Kampaay, a B2B event management startup, 🇮🇹raised €1.5m in a round led by 360cp.

• Akuis, a smart gym startup, 🇮🇹raised €1m from business angels.

• Sofinnova Telethon, one of the ITATech funds, invested €6m in 3 biotech startups: AAVantgarde Bio, Alia Therapeutics, and Borea Therapeutics.

Liquidity events

• InvestCorp acquired CloudCare, the company behind Comparasemplice.it, a consumer price comparison service. Details undisclosed.

• Deporvillage, a Spanish company in P101's portfolio, 🇪🇸was acquired by JD Sports for €175m.

• Made In Italy Fund, a private equity vehicle managed by Quadrivio, acquired a majority stake in XtraWine, a wine eCommerce platform.

LP news

• CDP Venture Capital committed €31.5m to United Venture's UV T-Growth fund, through its fund-of-funds initiative. UV T-Growth has now surpassed €100m in committed capital.

Half-year results in Italian Startups

• According to StartupItalia Alliance, 🇮🇹Italian startups raised €628m during the first half of 2021. The year is poised to become record-breaking, with >€1bn of expected investments.

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! 🙏🏻

• New this week: MDOTM is looking for an operations specialist.

Ending Notes

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 CEST (9:30 am PDT). In case you miss the episode, you can subscribe to the podcast on Spotify.

Have a great week,

N.