TWIS #235
Subbyx, Tensive, Indigo.ai, and others raised funding. An exit for Club degli Investitori and LIFTT. More reports on Venture Capital in Italy 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 💰
Subbyx 🇮🇹raised €15m in a Series A round from Azimut Digitech Fund, Azimut Alicrowd.
Tensive S.r.l. raised €14m in a Series A round from Panakès Partners SGR, EIC Fund, CDP VC, Recomec, Business Angels.
Wopta Assicurazioni 🇮🇹raised €4.1m in a Series A round from Business Angels.
Easyrain raised €2.5m from Indaco Venture Partners SGR and business angels.
Foorban 🇮🇹raised €2m in a Series A round from Business Angels.
xNova International 🇮🇹raised €1m in a Seed round from Abac Nest Ventures, BStartup (Banco Sabadell), Business Angels.
ZEROW 🇮🇹raised €360k in a Pre-seed round from Nana Bianca, Startup Wise Guys, Ikigai.
01Green 🇮🇹raised €300k in a Pre-seed round from Tech4Planet.
Kili Ventures 🇮🇹joined a €1.5m round in Morocco-based fintech WafR.
M&A🥩
Lantheus acquired Evergreen Theragnostics. Exit for 🇮🇹Club degli Investitori and 🇮🇹LIFTT.
Oltre Impact 🇮🇹acquired two fashion brands, THEMOIRè and OOF Wear, and launched Sustainable Platform.
Reading this week📚
Tether to be delisted from crypto exchanges across Europe, due to the new MiCA regulation.
The State of U.S. Early-Stage Venture & Startups: 2024 | AngelList
🇮🇹A methodology to implement conversational systems in an enterprise setting.
Exein 🇮🇹enters into a partnership with MediaTek.
An 🇮🇹interview with Paolo Ardoino (CEO, Tether)
Two additional report regarding 2024 in Italian VC:
Growth Capital published their report, in collaboration with Italian Tech Alliance, announcing some €1.5b raised by Italian startups in 417 rounds.
Bebeez went even beyond, reporting €1.7b in capital raised.
As always, read the different methodologies to understand the wild variability across the different publications.
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Fundraising Tracker 📈
Ending Notes📝
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Have a great week,
N.