The week in Italian startups - Issue #119
The Money
ProntoPro merged with Turkish competitor Armut, and the newco raised €15m from existing investors.
Dove.it, a proptech startup, 🇮🇹raised €3m in a round led by Azimut Alicrowd Eltif.
Aria Sensing 🇮🇹raised €500k from LIFTT.
Not good news
Cazoo announced it will abandon its business in EU, including the Italian operations from the acquisition of Brumbrum.
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.