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 💰
Moneyfarm, a wealth management company, raised GBP 10m in a Growth round from Poste Italiane and Allianz.
Lever Bio, a biotech startup, raised €4m in a Seed round from Claris Ventures.
Wetacoo, a storage & delivery startup, 🇮🇹raised €3.4m in a Series A round from VC Partners, Zest, and CDP Venture Capital SGR.
New Funds 💫
Novaterra: an evergreen capital holding company, was officially announced.
Futura SGR’s first fund 🇮🇹reached the first closing at €30m.
Reading this week📚
Emanuele Levi 🇮🇹is the new CEO of CDP Venture Capital SGR.
Mary Meeker’s new report on AI trends.
Building your company’s first forecast model | Mercury.
Watching this week🎥
An interview with Marco Trombetti: Is Europe Back in the AI Race? | CGTN Europe.
An interview with Andrea Di Camillo on the current state of Italian VC | Sky.
🌟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 jobs positions:
Investment Analyst at Primo Capital SGR SpA: come join our climate-tech team!
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:
Fundraising Tracker 📈
With only €49.5 million worth of funding rounds announced, May was the slowest month of the year so far. This is still better than in 2024, although May is generally not a month for many announcements.
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.