TWIS #247
MgShell and SMUSH Materials raised funding. Claris Venture announce the first closing of their second fund. TWIS and C14 team up for a new data experience.
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 💰
MgShell, a medtech startup, 🇮🇹raised €1.14m in an Early-stage round from Capital Cell, Club degli Investitori, Simon Fiduciaria, Italian Angels for Biotech, Bios Line Holding, and Andrea Giani.
SMUSH Materials, a packaging startup, 🇮🇹raised €1m in a Pre-seed round from CDP Venture Capital SGR.
The Money International💰🌎
Neva II and Neva II Italia 🇮🇹invested in Phosphorus Cybersecurity Inc.
Panakès Partners co-led a €50m round in Deepull.
New Funds 💫
P101 SGR Announces the Final Closing of the “Programma 103” Fund at €250 Million – P101.
Claris Venture announced the first closing of its second biotech fund.
Reading this week📚
Cortilia 🇮🇹started distributing its products in to.market stores.
Swiss Life Asset Managers and Planet Farms enter into an industrial joint venture dedicated to the development of a European platform in the Controlled Environment Agriculture Infrastructure sector.
Q1’25 in Italian startups:
Growth Capital / ITA’s quarterly update on funds raised.
Bain Capital’s FY2024 and a quick Q1 note.
🌟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!
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:
TWIS + C14
Big news for my data fans! The TWIS dashboard, your go-to spot for tracking Italian startup funding, is officially moving house. I am teaming up with the brilliant Federico Kratter Thaler and his fantastic project, C14 – a rapidly growing crowdsourced database dedicated to Italian startups. Moving our charts and data to a dedicated section within C14 means we can finally give the dashboard the robust, interactive home it deserves, right alongside a wealth of other Italian startup information.
I am incredibly excited about this collaboration. It's all about creating a better experience for you, dear reader. You'll still find the same key data points you rely on – annual trends, quarterly breakdowns, and the latest rounds – but now within the richer environment of C14. Get ready to explore the data like never before in its new, dedicated home! Check it out here: the new TWIS dashboard.
Fundraising Tracker 📈
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.