The week in Italian startups - Issue #76

The Money

• WeRoad, a startup organizing long-range adventure travels, raised €13.5m in a mix of equity and debt.

• Divinea, a customer experience startup for the wine sector, 🇮🇹raised €300k from private investors.

• WelMed, a digital healthcare platform, 🇮🇹raised €5m from Alchimia.

• Poetronicart, a startup developing an "Art business village", raised €200k from Friulia.

• The Hundred, a holding company investing in entertainers, 🇮🇹raised €5m from private investors.

• Sidereus 🇮🇹raised €1.5m in a round led by Primo Space with the participation of CDP Venture Capital.

• Ulixes SGR 🇮🇹announced a new fund and the investment of a total of €6.1m in three startups: Geoveda (a data center powered by geothermal energy), Edera Farm (a vertical farm), and Agrorobotica (developer of an IoT pest trap).

Strategic moves

• Seco announced the acquisition of German Garz & Fricke, an IoT solutions provider, for €180m.

• Doctolib acquired dottori.it and unveiled a plan to invest €250m and hire 500 people in the country.

• MotorK is planning to go public by 2021 on the Amsterdam stock exchange, raising €150m.

• French startup Phenix acquired Myfoody.

• Sisal, a betting and gaming company, is considering a €2b IPO on the Italian stock exchange.

• Vedrai, an AI startup, and Motive, an IoT company, joined forces 🇮🇹founding Fermai, a predictive maintenance startup.

EIC Accelerator

• 65 startups were assigned €363 million by the European Innovation Council, in a mix of grants and equity investments. The complete list is available here. Only two startups are from Italy: EnGenome and Voiseed.

An interview with Andrea Cova (Soul-K)

• Ilaria Cavalleri interviewed Andrea Cova, founder of Soul-K.

A selection of positions published last week on XJobs

• Young Platform is looking for a Copywriter intern

• Ventiseidieci is looking for an R&D Advanced materials

• UnoBravo is looking for a UX UI specialist

• The Portal is looking for an Art Director 3D artist

• TalentGarden is looking for a Corporate Business partner

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, Monday at 6:30 pm CEST. If you miss the live discussion, you can subscribe to the podcast on Spotify, Apple Podcast, and other podcast platforms.

Have a great week,

N.