The week in Italian startups - Issue #104
Nanophoria, a Milan-based biotech startup, raised €3.5m from Sofinnova Partners
Nexi acquired German company Orderbird for $140-150m.
Colvin 🇮🇹acquired Bloovery💐. LVenture Group, the listed company running the Luiss Enlabs accelerator program where Bloovery graduated recently, announced a 2x return on its investment.
Yapily, a UK fintech with an ITA heart, acquired FinAPI, a German open banking platform.
Sella SGR, an asset management company, 🇮🇹announced the integration of MDOTM's AI into its asset allocation processes.
New public funds from the Italian government
Two new funds that were included in the PNRR (the Italian national recovery plan) have been officially approved: the 🇮🇹digital transition fund (a €300m direct, indirect & co-investment fund), and the 🇮🇹green transition fund (a €250m fund).
A new accelerator from CDP
CDP VC, in partnership with Healthware Group and Accelerace, 🇮🇹launched a new accelerator dedicated to digital health startups, VITA. The program has a €6.25m initial budget to support participating startups.
Reading this week
Italian Angels for Growth, one of Italy's primary business angels associations, 🇮🇹published its 2021 IAG index.
Every week, I am posting a fundraising tracker based on the news I publish.
Recent job positions from XJobs
Moneyfarm is looking for a Product Manager
Qonto is looking for a Partnership Apprentice
Qi4M is looking for a Data Manager Engineer
Satispay is looking for a Regulatory Compliance Analyst Auditor
Yolo is looking for a Digital Analytics Consultant
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.
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,