TWIS #238

Newronika, Imatra, Approxima, and others raised funding. The VeM - Venture Capital Monitor is out. Tether acquires a stake in Juventus Football Club.

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.

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The Money 💰

• Newronika, a company specialising in advanced deep brain stimulation, raised €13.6m in a Series B round from Fondazione ENEA Tech e Biomedical, Indaco Venture Partners SGR, Innogest Capital SGR, Wille Finance, TNBT Capital, and F3F.

• NOB 4.0 Srl (Imatra) 🇮🇹raised €8m in an Early-stage round from CDP Venture Capital, and Fintech Partners.

• Approxima, a biotech startup, 🇮🇹raised €7.3m in a Series A round from ENEA Tech and Biomedical Foundation, Panakès Partners, Club degli Investitori, and Business Angels.

• ExoLab Italia, a biotech company, raised €5m in a Series A round from dsm-firmerich venturing, CDP Venture Capital, Linfa, and Maia Ventures.

• TimeFlow, an IT-supplier management company, raised €4m in a Early-stage round from Vertis, Azimut, CDP Venture Capital, Growth Engine, FNDX, and Duccio Vitali.

• Drivesec, an IOT cybersecurity startup, 🇮🇹raised €3m in a Series A round from LIFTT and Levante Capital.

• VST Srl 🇮🇹raised €3m in a Early-stage round from ENEA Tech and Biomedical Foundation.

• Focoos AI, an AI-vision startup, 🇮🇹raised €2.65m in a Seed round from Galaxia, CDP Venture Capital, PiemonteNext, VC Partners SGR, Vertis SGR, Vento, and Exor Ventures.

• Bnbkit raised €1.5m in a Seed round from business angels.

Reading this week📚

• 🇮🇹An interview with Marco Trombetti | La Repubblica.

• Tether Investments Announces Strategic Minority Stake in Juventus Football Club - Tether.io.

• ClubDeal Digital and LUISS 🇮🇹launched a crowdfunding porta🇮🇹 for LUISS alumni.

• The VeM - Venture Capital Monitor is out.

• 🇮🇹Primo Capital + CheckmAb.

• The Handoff to Bots:

We are not replacing existing humans with bots, nor are we replacing unborn humans with bots. Rather we are replacing never-to-be-born humans with bots

• (and, somewhat related - New junior devs can’t actually code?)

• The Ultimate Guide to Startup Metrics.

🌟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!

Latest positions: N/A

Startup Events in Italy🎪

Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.

Latest events added:

• Sfide e opportunità per creare startup | dock startuplab

• Diversità come motore di innovazione

• Last Call | Q&A Dock Startup Lab 2025

• AI Salon Italy - Roma

Fundraising Tracker 📈

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Ending Notes📝

Don’t forget to check out the TWIS dashboard for the latest updates.

If you want to know more about sponsoring TWIS (and/or the podcast episodes), read some info here and send me a note!

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.