The week in Italian startups - Issue #65
The Money
Erbert, a high-quality fresh food startup, 🇮🇹raised €5m in a round led by Oltre Venture.
Reviva, a prop-tech startup that “peps up” foreclosure auctions, 🇮🇹 raised €300k in an angel round. This investment follows a similar one back in March.
Gellify and Azimut Digitech Fund 🇮🇹invested an undisclosed amount in Rebo, a "smart water bottle" startup.
UK-based Superfluid, a programmable cashflows startup, raised $9m from a syndicate of crypto investors led by Multicoin Capital.
Liquidity events
Banca Valsabbina 🇮🇹acquired 8.3% of fintech startup Borsa Del Credito, in a secondary transaction. This is the second operation announced by the bank after the one in May involving Cardo AI. Amount undisclosed.
Video communication startup Bandyer was acquired by Kaleyra. Price undisclosed.
Satispay 🇮🇹 acquired AdvisorEat, a welfare startup in the restaurant sector. Price undisclosed.
CloudCare 🇮🇹 acquired SpinUp, a digital agency. Price undisclosed.
Alpha Test acquired edtech startup Boolean Careers. Price undisclosed.
Wireless logic acquired Milan-based Things Mobile. Price undisclosed.
Stevanato Group SpA, a provider of drug containment, drug delivery, and diagnostic solutions, went public on the NYSE raising $672m.
Tannico
Campari and Moet Hennessy entered into a joint venture to launch a pan-European wine&spirits digital platform. Campari contributed its participation in Tannico into the JV, valuing its 49% stake €25.6m.
CDP Venture Capital
The Boost innovation fund teamed up with Generali Welion to launch Convivit, a startup that will develop a new housing model for senior people.
Italian edutech startups receive another boost: CDP launched the FuturED acceleration program, in partnership with H-Farm and other industrial partners, with up to €3m in available capital for selected startups.
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: Almacube is looking for a startup program manager.
Ending Notes
See you on Clubhouse to discuss last week's news (every Monday at 6:30 pm CEST). In case you miss the episode, you can subscribe to the podcast on Spotify.
Have a great week,
N.