The week in Italian startups - Issue #128
The Money
Faba, a smart toys startup, 🇮🇹 raised €3.7m from Oltre Impact and CDP VC.
Barberino's, a barbershop chain, 🇮🇹raised €3m from CDP VC and business angels.
Medea, a telemedicine startup, raised €2.5m from Oltre Impact.
Subphoton, a photonics startup, 🇮🇹raised €750k from LIFTT. LIFTT also invested €250k in Careglance, an Optical Coherence Tomography startup.
MyAEDES, a proptech startup, 🇮🇹raised €585k from CDP VC, LVenture, and business angels.
E-Plato, a natural language processing startup, 🇮🇹raised €200k from S2Capital.
M&A
Filoblu, a business accelerator,🇮🇹acquired Diana Corp.
New Funds
CDP VC 🇮🇹launched Large Ventures, a later-stage VC fund with an initial raise of €150m and a final closing goal of €700m.
Reading this week
McKinsey on how to build a unicorn.
The State of AI report.
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.