The Money

• Tulou, a social housing startup, 🇮🇹raised €5.5m from PFC, the Marzotto family office.

• Ubiquicom, an RTLS startup, 🇮🇹raised €3.3m from Oltre Ventures.

• Akiflow 🇮🇹raised $1.8m from Benson Oak Ventures and several business angels.

• Hlpy and Tiledesk raised €1.2m (€600k each) from The Techshop.

• Neva SGR invested in Classicq, an Israeli quantum computing startup.

New funds

• Indaco Bio, a new biotech fund, announced its first closing at €95m, with the goal to raise up to €150m.

M&A

• Granarolo acquired protein startup White & Seeds.

Reading this week

An interesting Twitter thread on scaling a startup without VC funding. It might be helpful in these uncertain times 🤔

Codie Sanchez 💥 @Codie_Sanchez

My friend took a company to $100Million in revenue and profitability w/o VC funding. I sat with him to learn how to do the same; here's what he told me:

8:43 PM ∙ Jan 18, 2023

Fundraising tracker

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

Recent job positions from XJobs

• Kineton is looking for a Esperto in bilancio aziendale.

• BOOM is looking for a Photo Editor (QA).

• Aptus.AI is looking for a Product Manager.

• Mygrants is looking for a Data Scientist.

• Thinkinside is looking for a Sales Manager.

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 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.