TWIS #140

Codemotion, Agricooltur, 181Travel, and others raised funding. Teamsystems acquired Mailup. Italian VCs office hours. TWIS interviews from TechChill Milan.

Hello,

Welcome back to The Week in Italian Startups. This is Niccolò from Primo Ventures: every week I publish my curation of the latest news from the Italian startup ecosystem.

The Money

• Codemotion, a developer community platform, raised €8m in a round led by Sinergia Venture Fund and participated by existing investors (note: including Primo).

• Agricooltur, an agri-tech startup, 🇮🇹raised €5m in a round led by Sinergia Venture Fund.

• 181Travel, a travel experiences startup, 🇮🇹raised €2.5m in a round led by CDP VC, Sefea SGR, and Primo.

• Approxima, a medtech startup, raised €1.6m in a round led by Panakes Partners, with Club degli Investitori and other business angels.

• Medendi, a medtech startup, 🇮🇹raised €1.4m in equity and debt from a pool of business angels.

• Voiseed, a generative AI startup, raised €1m in a round led by LIFTT.

• Metacasa, a VR-for-real-estate startup, 🇮🇹raised €425k from business angels.

• X-Farm Technologies 🇮🇹received €1m in a debt financing round from EIC Accelerator.

• Meeters 🇮🇹received a €0.5m debt financing round from Intesa San Paolo and nominated a new CEO.

M&A

• Teamsystems acquired Growens’ email service Mailup in a €70m deal.

• BV Tech Group 🇮🇹acquired Arturai, a cybersecurity company, for an undisclosed amount.

Italian founders’ office hours

• More than 130 🇮🇹 VCs from international funds came together to offer office hours to Italian startup founders. This is a great opportunity to talk to fellow Italian investors that are working around the world and might provide excellent advice on fundraising, strategy, and more.

• Here is the link to apply: https://foundersfactorystartups.typeform.com/to/hjJhTDMB

Fundraising Tracker

Still playing with the visualization of the chart

Interviews from TechChill Milan 2022

During the last edition of TechChill Milan 2022, Giacomo and I interviewed a few friends. We are now releasing these videos, one per week: please enjoy our conversation with Belka’s founder Giulio Michelon!

Ending Notes

Giacomo Mollo and I comment weekly on the latest news: 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.