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.
🌟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.