The week in Italian startups - Issue #118
The Money
Netfintech, a fintech startup, 🇮🇹raised €1.7m from We Holding and Banca Valsabbina.
Impossbl, a "next-gen production company", raised $1.13m in a pre-seed round by business angels and Exor.
DBridge, a digital services platform, 🇮🇹raised an undisclosed amount from Gellify and Azimut Digitech Fund.
Exor invested $10m in Ultraviolette, an Indian electric motorcycle startup.
M&A and exits
Oltre Venture 🇮🇹sold its stake in Centro Medico Santagostino.
Events.com acquired Evensi for an undisclosed amount.
Mutuionline acquired a French and a British competitor, in a cash transaction worth €150m.
Maticmind acquired 51% of Cloudtec, in its fifth acquisition in 2022.
Reading this week
Fundraising tracker
Every week, I update my fundraising tracker based on the news I publish.
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.