TWIS #149
Prestatech, eWibe, Navia raised funding. Acquisitions for WarrantHub and Contents.com. Raising capital in Italy, a report by SWG.
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
Prestatech, an embedded finance startup, announced a €4m round led by CDP Venture Capital.
eWibe, a marketplace for premium wines, 🇮🇹raised €250k from Bonsai Ventures.
Navia Yachts, a startup developing an electric dinghy, 🇮🇹raised €250k.
M&A
WarrantHub (Tinexta group) 🇮🇹acquired a minority stake (9.1%) in Opstart.
Contents.com 🇮🇹acquired French startup Scribeur.com.
Reading this week
Report: Raising capital in Italy, by Startup Wise Guys.
AngelList’s 1Q23 State of Venture report.
Cubbit 🇮🇹expands its distributed cloud storage system.
While everyone is focused on AI, A16Z published their 2023 State of Crypto Report.
Fundraising Tracker
Ending Notes
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,
N.