The Money

• Sportclubby, a mobile app to book sports avenues, 🇮🇹raised €1.5m from a syndicate of investors.

• Ecozema, a sustainable dishware startup, 🇮🇹raised €1.5m from AImpact.

• KPI6, a consumer insights startup, 🇮🇹raised €2m, according to a joyful Linkedin post by its founder Alberto Nasciuti 😉

• BeSafe Group, an insuretech startup, raised €1.2m in a round led by Prana Ventures and CDP Venture Capital.

• Inpoi, a prop-tech startup, 🇮🇹raised €350k from a syndicate of business angels.

The Money - Dept of Italians abroad

• Amsterdam-based Rita Personal Data (co-founded by Guglielmo Schenardi), a startup offering users the ability to track their data, raised €1m in a pre-seed round led by Pitchdrive VC.

• Oxford-based Exogene (co-founded by Dr. Federico Paoletti), a startup employing AI to discover cell-based therapies to cure cancer, raised $2m in a round led by Selvedge Venture.

More on Q1 2022 in Italian Startups

If you cannot get enough info about Q1 in Italian startups, I've got two more reports from you:

• The 🇮🇹one prepared (full report following the link) by the Italian Tech Alliance / Growth Capital, and

• the 🇮🇹one prepared (a brief article) by VeM / Liuc Business School.

Note: in case you wonder, the numbers in the tracker below are a bit off from the official reports for two main reasons:

1. I don't make any difference between equity and debt rounds

2. I record deals by date of publishing in this NL, not by date of the announcement. Sometimes the two differ (e.g. beginning/end of the year)

Turin to become the acceleration capital of Italy

Two more accelerators are launching in the city:

• TakeOff, a space tech accelerator 🇮🇹created by Cdp Venture Capital, Fondazione Crt, UniCredit, Plug and Play Tech Center, Ogr Torino. The program is funded with more than €21m.

• DIANA, a €1Bn, NATO-sponsored innovation program, will 🇮🇹base one of its accelerators in Turin.

Reading this week

• Alberto Dalmasso, Satispay CEO, on the 🇮🇹challenges of scaling a business out of Italy.😤

• How DALL-E 2 works.🤓

• A survey on what investors consider good and great growth metrics when evaluating startups.🤠

Fundraising tracker

Every week, I am posting a fundraising tracker for Italian startups, based on the news I publish.

Ending Notes

Join the conversation between Giacomo Mollo and myself commenting on the latest news, every Monday at 7:00 pm CET (follow us on Twitter for a live reminder and the link: Nico / Jack). If you miss the live discussion, you can subscribe to our podcast on Spotify, Apple Podcast, and other podcast platforms.

Have a great week,

N.