Develohope and Crono raised funding. Supermoney in a preliminary agreement to go public combining with VAM SPAC. Iren acquired ReMat.
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.
M&A, IPOs, SPACs
Supermoney, a utilities & finance products comparison company, agreed with VAM SPAC to go public via a merger valuing the company €200m.
IREN 🇮🇹acquired 88.43% of ReMat, a circular economy startup, by paying €3.5m.
Reading this week
Stellantis Ventures invested in 10 mobility startups.
Blackrock filed an application for a spot Bitcoin ETF.
A French Generative AI startup raised €105m… 4 weeks after its founding.
Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.
Have a great week,