The week in Italian startups - Issue #114
The week in Italian startups - Issue #114
The Money
Casavo, a proptech startup, raised €100m in equity in a Series D led by Exor, and an additional €300m in debt.
Medical Micro Instruments, a robotic microsurgery startup, raised $75m in a Series B round led by Deerfield Management.
Unobravo, a therapist platform, raised €17m in a Series A round led by Insight Partners.
Wallife, a digital risks insuretech startup, raised €12m in a round led by United Ventures.
BetaGlue Technologies, a life sciences startup, 🇮🇹raised €10m in a round participated by LIFTT, Kairos Partners, NEVA, and others.
FIDO, a fintech startup, raised €5m in a round led by United Ventures.
Roomless, a proptech startup, 🇮🇹raised €1.5m from Sensible Capital and Club Degli Investitori.
The Money, international edition
NEVA SGR 🇮🇹joined the Series B round raised by Cyberint and the Series C round raised by Coro, both Israeli cybersecurity startups.
M&A and other liquidity events
YOLO, an insuretech startup, 🇮🇹announced its intention to complete an IPO in August, raising between €10m and €15m.
SAP acquired AskData for an undisclosed amount.
Simone Marini, CEO and founder at Sailsquare, announced that his startup acquired a minority stake in its French competitor Skippair.com.
Jakala 🇮🇹acquired a minority stake in the French company Clever Age. It also acquired a Spanish company, Biko.
CDP VC
The 🇮🇹Energy Tech fund is finally active, with an €80m first closing and a focus on energy transition startups.
🇮🇹Welcome to the latest CDP accelerator, Personae, focused on welfare startups. The accelerator has an initial allocation of €6m.
Fundraising tracker
Every week, I publish a fundraising tracker based on the news I share. (Note: I am reviewing the 2022 numbers to only account for equity, quasi-equity, and convertible debt investment rounds).
Ending Notes
Giacomo Mollo and I comment on the latest news every week: subscribe to our podcast on Spotify, Apple Podcast, and other podcast platforms to get additional insights on what is happening in the Italian ecosystem.
Have a great week,
N.