TWIS #216
TWIS #216
Intrauma, Renewcast, Treeblock, and others raised funding. A new joint venture between EIB and LIFTT. Una Terra announces a new fund.
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 💰
Intrauma, a developer of orthopedic medical devices, raised €10m from FITEC II.
Renewcast, a renewable energy forecasting startup, raised €2m from CDP VC and South Western Power Group.
Treeblock, a corporate sustainability startup, 🇮🇹raised €500k from business angels.
Syllog.ai, am AI-powered corporate learning startup, 🇮🇹raised an undisclosed amount from 40jemz and Techaround VC.
Dronus, a drones startup, raised an undisclosed amount from Eni Next, a corporate VC.
Speaking of Eni Next, they co-led a $30m investment in Mantel, a Boston-based carbon capture startup.
Novameat, a Barcelona-based foodtech startup co-founded by 🇮🇹Giuseppe Scionti, raised a €17.4M oversubscribed Series A round led by Sofinnova Partners and Forbion.
Panakes Partners co-led a €44m series B round in CorFlow Therapeutics AG.
New Funds 💫
The EIB and LIFTT agreed to create a new investment vehicle, where they will invest €50m each, focused on Italian companies operating in sectors including life sciences, cybersecurity, deeptech, cleantech.
Una Terra 🇮🇹launched a new investment fund raising a target of €200m. CDP VC and Fondation Prince Albert II de Monaco are among the first subscribers.
CDP launched Maritime Ventures, a new venture builder in collaboration with Cariplo Factory, focused on nautical and port logistics tech.
Reading this week📚
Andrea di Camillo (P101) on EUVC podcast talking about the evolution of the Italian ecosystem.
An 🇮🇹interview with Matilde Giglio.
InfoQ AI, ML and Data Engineering Trends Report - September 2024
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Latest events added:
Brescia Startup #19 - Sette Passi per Trasformare un Sogno in realtà
Startup networking by Silicon Drinkabout Italy - 17 settembre 2024
Fundraising Tracker 📈
Ending Notes📝
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Have a great week,
N.