The week in Italian startups - Issue #86
The Money
CheckSig, a bitcoin custody startup, raised €1.5m in a round led by The Rock Trading.
Feat Food raised €1.5m in a round led by CDP Venture Capital.
Lighthouse Biotech 🇮🇹raised an undisclosed amount from Utopia SIS and Pariter Partners.
4Gifters 🇮🇹raised an undisclosed Series A round led by Sinergia Venture Fund.
Blockinvest raised an undisclosed round from Credit Agricole Italia.
Exo Lab Italia 🇮🇹raised €500k from Scientifica VC.
Stem Sel 🇮🇹raised an undisclosed amount in a project financing round led by LendLease.
Serenis, a mental health startup, raised an undisclosed pre-seed round from a group of angel investors.
Casavo raised €40m in debt financing to develop the Spanish market.
Liquidity events
Enel and Intesa Sanpaolo joined forces to acquire 100% of Mooney, a fintech company, valuing the target €1.385Bn. Mooney had been spun out from Sisal last October.
Donaldson Company acquired Solaris Biotechnology for €41m.
Azimut 🇮🇹 acquired a controlling stake in Mamacrowd, a leading crowdfunding platform. The asset manager is also launching ALICrowd2, a new, €35m ELTIF that will invest on the Mamacrowd platform.
Almawave 🇮🇹acquired The Data Appeal Company for €16.5m.
Tier, a German e-scooter company, acquired Wind Mobility's Italian subsidiary.
EY 🇮🇹 acquired Way srl, a performance analysis firm.
New Corporate VC fund from Generali
Generali, a leading insurance group, announced in its new industrial plan the creation of a €250m Corporate VC fund dedicated to insuretech investments.
Ending Notes
Join the Twitter Spaces conversation between Giacomo Mollo and myself commenting on the latest news, every Monday at 6:30 pm CET (follow us for a live reminder: Nico / Jack). If you miss the live discussion, you can subscribe to the podcast on Spotify, Apple Podcast, and other podcast platforms.
Have a great 2022,
N.