HT Materials Science, Cosmico and Quisto raised funding. New funds from 360CP and Scientifica VC. Cube Labs went public. The Italian SAFE.
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.
HT Materials Science, an Irish-Italian startup, raised $15m from Saudi Aramco, Barclays, CDP VC, and Progress Tech Transfer.
Cosmico, a talent-tech startup, 🇮🇹raised €1.85m from Prana Ventures, Bonsai Ventures, Growth Engine, and a syndicate of business angels.
Quisto, a supply-chain startup for the restaurant sector, raised €800k in a pre-seed round.
360CP is preparing to launch Poli360 II.
Scientifica VC announced Quantum Italia, an investment vehicle dedicated to quantum tech.
IPO, M&A, and other liquidity events
Cube Labs 🇮🇹went public with a €34.1m market cap.
Antares Vision Group 🇮🇹acquired 15% of Isinnova, paying €1.5m.
Teamsystem acquired Microntel SpA.
Goodbye, Gordon Moore
Reading this week
Sparks of Artificial General Intelligence - early experiments with GPT4
Newcleo 🇮🇹is opening a €1bn round
Battery’s state of cloud software spending, March 2023
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