Discover more from The Week in Italian Startups
Oversonic Robotics, Picosats, Eathic raised funding. Exits for SplittyPay and BaasBox.
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.
Panakes Partners co-led a $30m Series B round raised by Allotex Inc, a US- & IT-based ophthalmic biologics and device company.
[a bit late to the news] → One Trading, an Amsterdam-based regulated crypto exchange and a BitPanda spinoff, raised $30m from Valar Ventures [love the name], MiddleGame Ventures, Speedinvest, Keyrock, and Wintermute Ventures [also love the name]. This is an interesting case of an international team setting up an operating branch in Italy.
DiaTheris, a biotech startup focused on diabetes, 🇮🇹won a startup competition in Switzerland (and a CHF 50k prize).
The Apulia region 🇮🇹launched a €60m co-investment program for VC funds investing in startups from the territory.
CDP 🇮🇹announced a tech transfer hub dedicated to agritech.
Reading This Week
Startups joining forces: faire.ai and EasyPol🇮🇹 entered into a partnership.
Public companies joining forces: e-Novia and SIT 🇮🇹announced Hybitat, a joint venture aimed at creating and storing hydrogen.
An 🇮🇹interview with The TechShop founders.
The Venture Capital Report Q2 2023 from ITA / Growth Capital.
This week in AI
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,