The Week in Italian Startups

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The week in Italian startups - Issue #124

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The week in Italian startups - Issue #124

Niccolò Sanarico
Oct 17, 2022
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The week in Italian startups - Issue #124

dealflowit.niccolosanarico.com

The Money

  • Faire, a fintech startup, raised €3m from a syndicate of investors.

  • QodeUp, a payment platform for restaurants, raised €2.5m from The Techshop.

  • Materia Medica Processing, a medical cannabis startup, 🇮🇹raised €2.2m from Kairos Ventures ESG One and Merida Capital Holdings.

  • Salimbeni Profumi, a "home fragrances" online brand, 🇮🇹raised €1.4m in a round participated by LA4G.

  • Mugo, a climate-tech startup, 🇮🇹raised €300k from Market3rs.

  • Crowd2be, a real estate crowdfunding platform, 🇮🇹raised an undisclosed amount from Key Capital.

  • Torcha, a social news startup, 🇮🇹raised an undisclosed amount from undisclosed investors.

  • Blacksheep Ventures invested €2m in Roibox, a Latvia-based geospatial advertising platform.

M&A

  • Soisy, a BNPL platform, was 🇮🇹acquired by Compass for an undisclosed amount.

  • Tulips, a food grocery startup, 🇮🇹acquired Floema.

Reading this week

  • Spotify 🇮🇹inaugurated its Milan office, a hub for its operations in Southern and Eastern Europe.

Fundraising tracker

The fundraising tracker is updated weekly based on the news published in this newsletter. 

Ending Notes

Giacomo Mollo and I comment on the latest news every week: subscribe to our podcast on Spotify, Apple Podcast, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.

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The week in Italian startups - Issue #124

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