The Money

• Hlpy, a roadside assistance startup, raised €7.5m in a round led by Synergo Capital.

• Babaco Market, an e-groceries startup, 🇮🇹raised €6.3m in a round led by United Ventures.

• Cosaporto, a premium food delivery startup, 🇮🇹raised €5m in an equity crowdfunding campaign.

• Eoliann, a climatic risk startup, 🇮🇹raised €1.5m in a round led by Primo Space and Exor Seed.

• TAC, a digital business card startup, 🇮🇹announced a €750k round.

• Xceed, a Barcelona-based live-events startup, raised €2m in a round led by Trind Ventures.

• Empatica, a medtech startup, announced the raise of an undisclosed series B round led by Sanofi Ventures and RA Capital Management.

New funds

• Fondo Italiano di Investimento 🇮🇹announced a new fund-of-funds focused on supporting funds that do impact investing.

Reading this week

• Is Elon Right?

• Lookout! The Italian ecosystem is catching up

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.