TWIS #236
Tethis, 40Factory, YDUN, and others raised funding. LMDV doubles down on graphene. Davide Turco is the new chairman of Italian Tech Alliance.
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 💰
Tethis S.p.A., a bio-tech startup, raised €15m in an Early-stage round from Enea TECH and Biomedical Foundation.
Postura Ergonomics, a health-tech startup, 🇮🇹raised €625k in a Seed round from CDP Venture Capital SGR, Indaba, and FitActive.
SWITCH, an AI-powered mobility startup, 🇮🇹raised €728k in a Pre-seed round from Magic Spectrum, EIT Urban Mobility, Berkeley SkyDeck Europe Milano, NextSTEP, Spreentech Ventures, MobilityUP, and Apuliasoft.
CDC Studio Srl, a fashion-tech startup, 🇮🇹raised €380k in an Early-stage round from StyleIT, Fondazione Social Venture GDA, and Ventive.
YDUN, an innovative approach to health studios, raised €4m in a Pre-seed round from Limestone Capital, Business Angels.
Genoa Instruments, a deep-tech startup, 🇮🇹raised €1m in a Seed round from Deep Ocean Capital, and Business Angels.
ilmiobrokerassicurativo.it, an insure-tech startup, 🇮🇹raised €470k in a Seed round from Zest, Ventive, Rigel Ventures, Moffu Labs, Potakoy, AFP capital, Insquared, Mival capital, and Nano 4 Future.
MESPAC, a space-tech startup, 🇮🇹raised €1.5m in a Seed round from Galaxia, Axon Partners Group, COREangels Climate, and Piemonte Next.
40Factory, an industrial IoT startup, 🇮🇹raised €4m in a Seed round from Gefran, Bit Atlas S.r.l.
M&A🥩
Telepass 🇮🇹sold Wash Out to Palella Holdings.
LMDV Capital 🇮🇹acquired a controlling stake in ESANanoTech.
Reading this week📚
Davide Turco 🇮🇹elected as the new chairman of Italian Tech Alliance.
Cortilia and Amazon 🇮🇹announced a new partnership.
2100 Ventures 🇮🇹opens to new investors and announces more than 25 international startups in its portfolio.
🇮🇹An interview with Augusto Coppola | Money.it.
SuperAgency in the Workplace | McKinsey.
Agents | Google.
Listening this week🎧
Luca Ferrari (Bending Spoons) - Storie Italiane di successo (podcast) | Made IT
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Ending Notes📝
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Have a great week,
N.