The week in Italian startups - Issue #72
The Money
Caracol, a large-scale additive manufacturing startup, raised €3.5m in a round led by Primo Ventures and EUREKA! Ventures Sgr.
Epicura, a "digital medical clinic", 🇮🇹raised €5m in a round led by Europ Assistance, an insurance company.
Irish startup 4Securitas, developing AI security tools, raised €2m from Cysero.
Liquidity events
Milan-based Objectway, a leading provider of digital wealth and asset management software, acquired Germany-based Die Software earlier this summer.
Triboo 🇮🇹acquired 69.50% of Adglow Italia, an agency specialized in social & digital advertising and e-commerce.
Federico Isenburg, a serial entrepreneur, and MEGA Holding 🇮🇹acquired the majority of Nutribees, a healthy food delivery startup. Isenburg will take the CEO role in the company.
CDP VC
CDP Venture Capital 🇮🇹announced the launch of the new "Fondo Corporate Partners I", its ninth fund focused on four specific verticals and aimed at involving Italian enterprises in its investments. The four verticals are Industry Tech, Energy Tech, Service Tech, and Infrastructure Tech. The fund raised €180m and aims at a €400m final closing.
The relevance of crowdfunding in Italy
🇮🇹According to research by CrowdfundingBuzz, in 2021 48% (by number) and 21% (by amount raised, ~€56m) of investments up to €8m raised by Italian startups happened through crowdfunding platforms. Pre-seed and seed rounds are happening more and more often thanks to the crowd.
A selection of positions published last week on XJobs
Shopfully is looking for a Junior Data Analyst
Easypol is looking for a Frontend Developer (Angular)
The Data Appeal Company is looking for a Customer Success Specialist
Musixmatch is looking for a Senior Blockchain Engineer
Ipervox is looking for a Marketing Growth Specialist
About XJobs:
The XJobs platform is a free portal listing open job positions from the Italian startup ecosystem, managed by CDP Venture Capital. If you desire, you can apply for free and have your job positions posted on the platform by following this link.
Ending Notes
Join the Clubhouse conversation between Giacomo Mollo and myself, commenting on the latest news every Monday at 6:30 pm CEST. In case you miss the live discussion, you can subscribe to the podcast on Spotify (and other podcast platforms).
Have a great week!
N.