The week in Italian startups - Issue #125
PhotonPath raised an undisclosed amount of capital from Brembo Ventures.
Neva SGR 🇮🇹launched SEI – Sviluppo Ecosistemi di Innovazione, a fund of funds aimed at investing in accelerators, startup studios, and holding companies focused on the Italian ecosystem. The initial capital available is €15m, all provided by Banca Intesa.
Angelini launched Angelini Ventures, its VC arm with €300m under management, with a focus on digital health.
Brembo announced Brembo Ventures, its VC arm focused on mobility and the automotive sector.
Founders Factory, a startup builder, announced a startup hub in Italy.
IAG announced Eden Venture, its new pre-seed program, that will invest 100k in 25 startups in the next two years.
Wavision was acquired by Antares Vision Group.
Reading this week
A 🇮🇹profile of Cubbit.
The state of the US Early-Stage VC in Q3 2022 (from Angellist).
The fundraising tracker is updated weekly based on the news published in this newsletter.
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,