TWIS #227
Volta, Reefilla, Movopack, Neuronova raised funding. Bending Spoons announced its sixth acquisition in 2024.
Hello,
Welcome back to The Week in Italian Startups. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.
The Money 💰
Volta, a French / Italian Shopify for B2B transactions, raised €6m in a pre-seed round led by Emblem and participated by Robin Capital, Founders Future, Sequoia, a16z, Exor, and Ithaca.
Reefilla, a start-up that develops energy storage and mobile power generation solutions also based on second life batteries, announced a new €4.5m round from CDP Venture Capital, HCapital, Azimut, Motor Valley Accelerator.
Movopack, a circular e-commerce packaging startup, raised €2.3m from 360 Capital, Greiner Innoventures, Techstars to launch its product in the UK.
Neuronova, a startup developing low-power chips for AI on the edge, 🇮🇹raised €1.5m from 360 Capital andTech4Planet.
M&A🥩
Bending Spoons acquired Brightcove for USD$233m. This is the sixth acquisition announcement in 2024 (the other 5: Meetup, Mosaic Group, StreamYard, Issuu, and WeTransfer).
Reading this week📚
Patterns that increase a startup’s likelihood of raising funds at the seed stage (from Episode 1).
Watching this week 🖥️
an 🇮🇹interview with Daniele Francescon, co-founder at Serenis
🌟Jobs in Italian Startups🌟
If you want to share or more job positions relevant to the Italian ecosystem, fill out this form. Looking for a new job? Check out this link!
New positions:
Startup Events in Italy🎪
Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.
Fundraising Tracker 📈
I’m adding Volta to the tracker as the team is split between Italy and France, but the company appears to be actually headquartered in France.
Ending Notes📝
Don’t forget to check out 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,
N.