TWIS #221
BeDimensional and L'Orto Di Jack raised debt. Fresh capital for Axyon AI, Rewind Turbine, Stema and Tethis. Probios announced a new VC 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 💰
BeDimensional, a deep-tech startup creating 2D sheets of graphene for various applications, 🇮🇹raised €20m in venture debt from the European Investment Bank.
L’Orto di Jack, an e-grocieries startup, 🇮🇹raised €4m in a convertible debt round led by Smart Capital spa.
Axyon AI, a fintech startup, 🇮🇹raised €2.1m from Green Sands Equity, Investment Opportunity 1, and business angels.
Rewind Turbine, an energy-tech startup, 🇮🇹raised €2m from a syndicate of family offices and business angels.
Stema, a career platform for engineers, raised €1.6m in a round led by United Ventures and participated by Octopus Ventures, Club degli Investitori, Eden Ventures, and others.
Tethis, a nanotech startup, 🇮🇹raised €800k from Indaco Ventures.
New Funds 💫
Probios announced a VC initiative to back healthy food start-ups.
Reading this week📚
An 🇮🇹interview with Proximity Capital’s Antonio Assereto.
New clusters and investors are helping turn strong life sciences credentials into start-ups.
D-Orbit signed a massive €119m contract from ESA.
Palermo, startup, competition, the world looks to the Mediterranean.
The Q3 2024 report about Italian VC & Startups by Italian Tech Alliance and Growth Capital.
🌟Jobs in Italian Startups🌟
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Startup Events in Italy🎪
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Fundraising Tracker 📈
Ending Notes📝
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Have a great week,
N.