TWIS #176
MotorK raised a debt facility; D-Orbit, 3Bee, and Nano-Tech were selected to receive EIC Accelerator funds; Spesati raised a round. 2100 Ventures was announced.
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
MotorK, an automotive SaaS platform, raised a €5m debt facility from Atempo Growth.
D-Orbit, 3Bee, and Nano-Tech are the three Italian startups to receive funding from the EIC Accelerator.
Spesati, an e-groceries startup, 🇮🇹raised an undisclosed round of funding from Abbi Group and other investors.
New Funds
2100 Ventures, a €30m investment vehicle by the Benetton family, was officially unveiled.
[Post-email addition] - Generali announced Generali Ventures, a €250m direct + indirect fund, focused on insurtech and fintech startups. The fund has already invested in three top-tier European VC operators: Mundi Ventures, Speedinvest, and Dawn.
Reading this week
Revolut hires ex-Molo CEO Francesca Carlesi as new UK banking chief.
Yolo Group S.p.A.'s (BIT:YOLO) Path To Profitability (disclaimer: Primo is an early investors in Yolo)
An empirical study on the correlation between the words used in pitch decks and the likeability of raising funding.
PandasAI: The Innovative Data Analysis Project Born from an Italian Engineer.
Daniele Manni is the first Italian teacher to win the Gess Education Award.
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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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