TWIS #206

BetaGlue Technologies, Sibill, Talet-e raised funding. New acquisitions for Accenture. Unruly dashboard. Italia, the foundational GenAI model, was released.

Jun 10, 2024

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 💰

BetaGlue, a clinical-stage radiotherapy company, raised €8m in a round led by Neva SGR, with participation from LIFTT and FinPosillipo.
Sibill, a treasury management startup, announced a €6.2m round from Keen Venture Partners, Exor Ventures, and Founders.
Talet-E, a startup offering a kit to electrify scooters, 🇮🇹raised €2.6m (€1.7m in debt, €0.9m in equity from RA.MO.CAR, a family office).
Prem AI, a Switzerland-based AI startup, raised $14m in a seed round featuring several high-profile business angels and entrepreneurs.

M&A 🥩

Accenture closed the acquisition of Customer Management IT and SirfinPA.

Reading this week 📚

iGenius introduced Italia, its First Open Foundational Italian LLM.
250 European Data Infrastructure startups and what we learned from them | MMC.
InSilicoTrials won the prize of startup of the year for AI at the Startup Grind Global 2024.
A navigator of Italian developer salaries, by role and seniority, by DataPizza.
Unruly VC released a full dashboard of their investments. Bold move, and possibly the first I have ever seen.

📢Note: the jobs and events will be offline for a few days, apologies for the inconvenience!📢

Fundraising Tracker 📈

Ending Notes📝

Don’t forget to take a look at the TWIS dashboard for the latest updates.

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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,