TWIS #154

MiScusi, Kampaay, Poke House, and others raised funding. Newcleo will invest in France.

May 22, 2023

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

MiScusi, a fresh pasta restaurant chain, 🇮🇹raised €10m from Mip, Picus, Kitchen Fund, Amundi, and Gaetano Marzotto.
Kampaay, an event tech startup, announced a €7.3m round from 360cp, SG Company, and Gellify.
Poke House, a poke restaurant chain, 🇮🇹raised an undisclosed amount in a round including Red Circle Investments.
Dscovr, a customer insights startup, raised €2m from Azimut Digitech, Exor, Bonsai Ventures, IAG, Growth Engine.
Future Fashion 🇮🇹raised €1.5m in equity and debt from SICI.

M&A

Blogmeter was 🇮🇹acquired by Shibumi Group.
Bizplace was 🇮🇹acquired by Alchimia investments.
White Bridge investments 🇮🇹launched a bid for Reevo, a listed cybersecurity company, at €17.6 per share.
Three Hills Capital Partners 🇮🇹signed an agreement to acquire Digital360, a listed media company.

Reading this week

Newcleo announced a €3Bn investment plan in France.
Angelo Moratti 🇮🇹invested as an LP in Sound Ventures, Ashton Kutchner’s fund focusing on AI.
AngeList: “After 18 Months, Your Investment Probably Isn’t Getting Marked Up“
ROAD, the Rome Advanced District, was 🇮🇹inaugurated last week. Eni, Acea, and others among the partners.
Takeaways from this year’s MIDAS list.
A 🇮🇹report about several Italian e-commerce startups opening physical stores.
Primo Ventures announced a strategic partnership with Lifegate.

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,