WeRoad, Soplaya, Sendabox, and others raised funding. Blacksheep announced the final closing. Accenture and Almaviva made acquisitions.
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.
Banxware, a German fintech that offers embedded lending solutions, has announced a new Series A funding round of €15m. UniCredit, Fabrick, and existing investors such as 13books Capital, VR Ventures, D4 Ventures, and Force over Mass participated in the investment.
Soplaya, an Italian start-up that operates as a digital wholesaler for restaurants, 🇮🇹closed a funding round of €12.5m. The round was led by Sinergia Venture Fund (Alkemia Capital), including previous investors P101, Azimut, Cdp Venture Capital (through Italia Venture I fund), and Intesa San Paolo.
Sendabox, an online logistics platform based in Milan, raised €5.25m in Series A funding. The round included an equity portion of approximately €4.2m from Italmondo and Supernova Hub and new financing lines totaling €1.05m from Banca Intesa Sanpaolo and Banca Centropadana.
RISE Technology, an innovative high-tech company specializing in manufacturing machines and production lines for photovoltaic cells and modules, semiconductors, and biomedicine, has raised a seed round of €1.5m. The funding was led by Tech4Planet, with participation from Progress Tech Transfer, an investment fund launched by MITO Technology.
Blacksheep 🇮🇹announced the final close of its fund at €50m.
Reading this week
Musixmatch, a music lyrics platform, has appointed Rio Caraeff as its Chief Business Officer.
Alec Ross to Italian VCs: 🇮🇹We need more boldness.
Cercaofficina.it 🇮🇹rebranded as Veycore.
Axyon AI received a grant from ELISE, a network of AI research hubs in cooperation with ELLIS, to apply their AI-based financial modeling engine to Quantum computing.
LIFTT and Techstars 🇮🇹signed a strategic partnership in Turin.
The winners of the European Capitals of Innovation Award.
ICOS and Cubbit 🇮🇹signed a distribution agreement.
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