TWIS #151

Energy Dome raised a Series B round, Jakala acquired FFW, ChatGPT is back to Italy.

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.

It was a very short week in Italy due to a couple of national holidays, but still, there was time to announce one of the biggest deals of the year. And for OpenAI to restore access to ChatGPT 😅.

The Money

• Energy Dome, an energy storage startup, raised €40m in a series B round led by Eni Next and Neva SGR.

• Bio4Dreams, a Life Sciences incubator, 🇮🇹raised €2.5m in a crowdfunding campaign (out of a target of €0.7m).

M&A

• Jakala acquired FFW.

• Contents.com 🇮🇹announced the acquisition of traduzione.it.

Reading this week

• ChatGPT is back in Italy - the Italian privacy watchdog scored one against OpenAI?

  • Meanwhile, the European Commission proposed new copyright rules for generative AI.

• A round-up of the PwC Italy Fintech report.

• FS (the Italian railway’s operator) 🇮🇹invested €10m in one of CDP VC’s funds.

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.