The Week in Italian Startups

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TWIS #156

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The week in Italian startups is a weekly collection of the most interesting news from the Italian startup ecosystem, with a focus on funding rounds, milestones, major partnerships, and innovation news.
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TWIS #156

Short week in Italy: Datamasters and Valuematic raised funding. M&A for Contents.com, Shopfully, Bending Spoons, and others.

Niccolò Sanarico
Jun 5, 2023
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TWIS #156

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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

  • Fabrick, an open finance hub, raised €40m in a corporate round led by Mastercard.

  • Datamasters, an ed-tech startup, 🇮🇹raised €650k. Zanichelli Ventures was among the investors.

  • Valuematic, a data management startup, 🇮🇹raised €160k from Progress Tech Transfer.

M&A

  • Contents.com 🇮🇹acquired Scribox.

  • Shopfully and MEDIA Central Group merged.

  • Datamars acquired Kippy.

  • Bending spoons 🇮🇹acquired Humamy.

  • Portale Sardegna 🇮🇹merged with Destionation Italia.

  • Abiogen Pharma acquired EffRx Pharmaceuticals.

Reading this week

  • Italy to launch a €150m fund for AI startups.

  • 2023 state of Data + AI.

  • A16Z’s AI canon.

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.

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