TWIS #239
Arsenale Bio, Mopso, and Lilac-centro DCA raised funding. Shop Circle raised $60m in equity and debt. Bancomat acquired FlowPay.
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 💰
Arsenale Bioyards raised $10m in a Seed round from Planet A, byFounders, CDP Venture Capital, Acequia Capital, Plug N Play, Business Angels and Grey Silo Ventures.
Mopso raised €1m in a Seed round from Apside, Fin+Tech, CDP Venture Capital, Centro Istruttorie, and Business Angels.
Lilac-Centro DCA raised €693k in a Seed round from Personae, CDP Venture Capital, SocialFare Seed, Sullivan Venture, Generaimprese, and Milano Venture.
The Money 💰 - International edition
Shop Circle raised $60m in equity and debt in a Series B round from Nextalia Ventures, Endeavor Catalyst, NFX, QED Investors, 645 Ventures, 3VC, CDP Venture Capital, The Techshop, Primo Capital, GS Futures, and i80 Group.
Fedrigoni invested in France-based Papkot, alongside Square Capital and previous investors.
M&A🥩
Reading this week📚
71 European startups were accepted into a new investment round by the EIC Accelerator, receiving an aggregate of €387m in grants and equity support. Three of them are from Italy: AIndo, Nanophoria, and StarTric.
P101 presented the State of Italian VC.
Mdotm and Noonum entered into a partnership agreement.
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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.