TWIS #156

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

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.