TWIS #145

Blacksheep invested in Switzerland; Glassfy, GenomeUp, and SOLHO raised funding. Vento and Eden invested in BugPilot. Partnership between Enel and Newcleo.

Hello,

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

The Money

• Blacksheep Ventures, an Italian martech VC fund, invested $5m in Zurich and Berlin-based Nexoya.

• Glassfy, an app revenues management startup, raised $3m in a round led by Square One and Inreach Ventures.

• GenomeUp, an applied AI startup, 🇮🇹raised €1.15m from a syndicate of investors led by Scientifica VC.

• SOLHO, a Dutch heat-as-a-service startup funded by two Italian researchers, 🇮🇹raised €580k from Shift Invest, Rabobank, and other business angels.

New funds and partnerships

• Vento investments and Eden Ventures signed a partnership and 🇮🇹announced their first investment in Bugpilot.

• Gellify and Azimut 🇮🇹announced FNDX, a joint venture focused on VC advisory and startup scouting.

• Enel and Newcleo signed a cooperation agreement to work together on the latter’s nuclear generation projects.

Fundraising Tracker

Ending Notes

This week’s issue is a bit shorter since I’ve been busy welcoming little Tommaso to this world 👶🏻. I expect a couple of bumpy weeks ahead!

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.