Axelera AI, Newtwen. Agade, and others raised funding. Silverlake acquires a stake in Teamsystem. A new accelerator from CDP VC.
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.
CaSRevolution, a life sciences startup, 🇮🇹raised €1.8m from Utopia Sis and a group of business angels.
Angelini Ventures invested USD$ 6m (out of a USD $26m round) in US-based Cadence Neuroscience, an anti-epilepsy startup.
Stellantis Ventures invested in Lyten, a tunable three-dimensional graphene startup.
M&A, IPOs, and other liquidity events
SilverLake acquired a minority stake in TeamSystem for $660m.
Neosperience is planning to IPO its Neosperience Health subsidiary on the Nasdaq.
Fabrick acquired Judopay.
Rancilio Cube Sicaf 🇮🇹raised €12m.
Reading this week
CDP VC 🇮🇹launched StyleIT, the fashion-tech accelerator.
Openai on the governance of superintelligence.
Skip the line, or how to optimise for receiving the best introductions from your VC.
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,