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The week in Italian startups - Issue #87
The Money
Skinlabo, a "smart beauty" e-commerce, 🇮🇹raised €6m from 8A+ Real innovation.
Credimi, a fintech startup, raised €5.6m from existing investors.
BKN301, a San Marino-based fintech startup, 🇮🇹announced a €3m round.
Mapo Tapo, a mountain-tourism startup, 🇮🇹raised €355k from a syndicate of business angels.
TurboAlgor, a smart fridge startup, 🇮🇹 received €650k in debt from Intesa San Paolo.
BottegaLigure, an e-commerce startup, 🇮🇹 raised €200k from an angel syndicate.
Tate, a smart utility company, 🇮🇹 raised an undisclosed Series A from Eni Gas & Luce (already a shareholder).
Pariter Partners, a holding company investing in deeptech, 🇮🇹invested in the Swiss startup Komp-Act.
M&A
Redo, an instant lending startup, 🇮🇹was acquired by OCS.
MegaRide 🇮🇹acquired Wriggle Solutions, a spinoff of the Scuola Superiore Sant'Anna that developed an innovative system for monitoring tires.
French fintech invades Italy
Qonto, a French fintech startup that just raised €486m, announced it 🇮🇹invest €100m in Italy.
Does the EIC have trouble disbursing funds?
It seems that the European Innovation Council has some issues in disbursing the funds promised to startups.
2021: a record-setting year for I3P
I3P is the incubator of the Politecnico di Torino, one of the most important Italian engineering universities. The incubator published its 2021 results: €37m raised by its portfolio of startups, more than 50 new startups created. Congrats!
Andrea Orlando on YC new acceleration terms
Andrea was among the investors interviewed by Sifted about the effects on the European ecosystem of the new terms announced by YC.
A selection of positions published last week on XJobs
Shopfully is looking for a Digital Project Manager
Satispay is looking for a Front End Developer
Soplaya is looking for a Direttore delle operazioni
Thinkinside is looking for a Sales Manager
Ventiseidieci is looking for a R&D professional – Advanced materials
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 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 week,
N.