The Money

• Up2You, a green tech startup, 🇮🇹raised €3.5m from CDP VC and Azimut Digitech.

M&A

• Moneyfarm acquired Profile Pensions and hits £3bn in assets

New funds for investments and research

• Fondo Italiano di Investimento 🇮🇹announced the first closing of a €130m food and agritech fund.

• The Italian Ministry of University 🇮🇹announced a new cybersecurity research center, funded with €116m from the RRP.

Reading this week

• The State of European Tech 2022.

• An 🇮🇹interview with Sara Lovato (United Ventures).

• An interesting analysis of the academic performance abroad of Italian-trained researchers.

• Investments in Italian deep tech have been picking up in recent years, 🇮🇹according to Stefano Peroncini.

• I'm saving you from linking a gazillion tweets, posts, and interesting conversations about ChatGPT. Just letting you know. 😉

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 YouTube, Spotify, Apple Podcast, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.