The week in Italian startups - Issue #68
The week in Italian startups - Issue #68
The Money
Cagliari-based Entando raised $11m in a round led by United Ventures.
Biotech startup Resalis Therapeutics 🇮🇹raised €6m in a round led by Claris Ventures.
Enerbrain announced a new €5.2m round led by EDF.
Insuretech startup YOLO Group raised €2.5m from Generali, acquiring 10.8% of the share capital.
UK-based cybersec startup Seedata raised 640k in an angel round.
Dublin-based HT Material Science announced a €5m round led by Saudi Aramco Energy Ventures. The startup is taking to market a technology developed at the University of Salento.
Helbiz
I talked about Helbiz and its listing on the NASDAQ before. It was supposed to merge with the GreenVision SPAC and to raise further capital via a PIPE.
Well, the listing was finally closed on the 13th of August, with a total raise of $24.5m, including $21m from the PIPE.
But the listing was bumpy: first, soon after completing the deal, the company received a delisting notice, related to confusion about floating enough capital on the NASDAQ.
Secondly (and probable cause of the notice above), the investors in the GreenVision SPAC were apparently not satisfied with the merger, as 95% of the capital originally raised by the SPAC was actually refunded before completing the deal.
Nonetheless, Helbiz is now the first publicly listed e-scooter sharing startup.
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: open positions from Aiko and Leaf Space, while Primo Ventures is looking for a marketing & communication intern.
Ending Notes
We are back on Clubhouse to discuss the summer news (and we are also back to our schedule, every Monday at 6:30 pm CEST). In case you miss the live discussion, you can subscribe to the podcast on Spotify.
Happy to be here with you again. Have a great week!
N.