The week in Italian startups - Issue #116
X-Farm Technologies 🇮🇹raised a €17m Series B round led by Swisscom Venture.
Lipogems 🇮🇹signed a €10m club-deal investment led and "advised" by ABC Company, a consulting and permanent capital company.
Neuranix, a med-tech startup, 🇮🇹raised €2.1m in a seed capital round.
Tundr, a welfare-tech startup, 🇮🇹raised €1.7m in a pre-seed round, syndicated by a group of angel investors.
Finapp, an agri-tech startup, 🇮🇹raised €1.2m in a round led by Crédit Agricole Italia.
Frisbi, an energy startup, 🇮🇹raised €1m from Innovatec, a listed company.
IAG continues investing abroad: this time they announced the participation in a £2m round in BuiltAI, a UK-based AI startup for commercial real estate.
Intel is planning a $5b investment in an advanced semiconductor packaging and assembly plant in Italy.
ENI 🇮🇹announced the launch of Eniverse Ventures, a corporate venture builder.
M&A & IPO
YOLO, an insure-tech startup, 🇮🇹went public on Friday on the Euronext Growth Milan. At €3.77 per share, the company raised a little short of €10m for a ~€32m valuation.
SpazioDati, a startup owned by Cerved, 🇮🇹acquired Sinapta, a data startup, for an undisclosed amount.
Every week, I publish a fundraising tracker based on the news I share.
Recent job positions from XJobs
Ventiseidieci is looking for a Data Scientist and an Electronic Designer.
MMI is looking for a Materials Planner.
Empatica is looking for a Product Marketing Manager (B2B).
Cellply Srl is looking for a Junior Automation Engineer.
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.
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 (and enjoy your summer break!)