TWIS #225
Cloudsome and Forte! raised funding. CDP VC invested in Rubedo Life Sciences and Naturbeads. The Techshop announced a €53m closing.
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 💰
Naturbeads, a UK-based startup developing cellulose microbeads, raised a £7.8m round led by Eos Advisory and participated by Progress Tech Transfer, CDP VC, PI-NB, and Paragon Capital Management.
LIFTT joined a €12m round in Berlin-based medtech startup Mediaire.
CDP VC invested in Rubedo Life Sciences, a US-based startup that raised a Series A round back in April. Rubedo announced the opening of an operating branch in Italy.
Cloudsome, a devops-as-a-service startup, raised €700k and nominated a new CEO.
Forte!, a music-tech startup, 🇮🇹raised €320k from 40Jemz Ventures, B4i Fund and AFP Capital.
CubeLabs 🇮🇹announced the launch of a new spinoff, Lipovexa.
New Funds 💫
The Techshop 🇮🇹announced the final closing of its first fund, Techshop Primo, at €53m.
M&A🥩
HAT SGR and TXT e-solutions 🇮🇹acquired Webgenesys.
Reading this week📚
Translated and Cineca together for translations with AI.
IllimityBank teams up with Finwave/Ocs (Apax) to create a new company focused on AI and digital banking services.
Who is AI replacing? The Impact of GenAI on Online Freelancing Platforms. (Never forget Marc Andressen’s post back in 2023: Why AI Won't Cause Unemployment)
🌟Jobs in Italian Startups🌟
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New positions:
Startup Events in Italy🎪
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Fundraising Tracker 📈
Ending Notes📝
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Have a great week,
N.