The Money

• D-Orbit 🇮🇹issued a €100m convertible bond.

• 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.

• Keyron 🇮🇹raised €510k from LIFTT to fight diabetes.

• 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.