TWIS #172
The Circle, Hercle, Test1, and others raised funding. Italian entrepreneurs abroad raise money (Habyt, Vaultik, Hypeal). How do VCs make decisions?
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
The Circle, an agritech startup, 🇮🇹raised €2.1m from Opes Italia and Sparviero Holding.
Hercle, a Milan-based trading startup in the crypto world, 🇮🇹raised €1.7m in a seed investment round. The funding was led by Prana Ventures and Kairos Partners Sgr, with participation from business angels.
Test1, a cleantech startup, 🇮🇹raised €1.7m from LIFTT, a|impact – Avanzi Etica sicaf, Selected Investments and Faros.
eWibe, a premium wine-trading startup, 🇮🇹raised €450k from business angels, bringing its total pre-seed round to €700k.
Astradyne, a space-tech startup, 🇮🇹raised €400k from Galaxia and Obloo.
The Money: Italian expats raising abroad
Habyt, a flexible housing startup, raised €40m in a Series C round led by Korelya Capital and Deutsche Invest.
Vaultik, a crypto startup, raised $2.5 million in funding from The Operating Group.
Hypeal, a Netherlands-based digital assets startup, raised €188k in a pre-seed round.
Reading this week
An 🇮🇹interview with Giacomo Mollo.
Agnelli’s John Elkann: Why one of Italy’s wealthiest families is betting big on Italian tech
🌟Jobs in Italian Startups🌟
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Startup Events in Italy🎪
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Latest events:
Next up:
Demo Day Terra Next (10/10/2023)
Berkeley SkyDeck Europe, Milano | Demo Day Batch 16 (18/10/2023)
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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