TWIS #263
Pack, Bottle-UP, Baze and Plino raised funding. ShopCircle raised a Series B round extension, led by Nextalia. Teamsystem made another acquisition. 16 unicorns minted in EU in 2025.
Hello,
Welcome back to The Week in Italian Startups, in a shortened summer version. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.
The Money 💰
Pack raised €3.5m in a Series A round from Rialto Venture Capital.
Bottle-Up 🇮🇹raised €1.5m in a Seed round from an undisclosed family office.
Baze 🇮🇹raised €650k in a Pre-seed round from Nana Bianca, Donatello Bianco, Alessandro Cavallo, Lorenzo Fabris, Riccardo Mascagni, Jacopo Pertile, Alessandro Rimassa, Patrick Turchi (Happy2C), Augusto Valli (Italian Business Adventures), and Paolo Zanzottera.
Plino raised €650k in a Seed round from Techaround VC, Vento, Exor Ventures, Cariplo Factory, Berkeley SkyDeck, and zooga VC.
The Money - Italians abroad 🌎
Lingokids raised €120m in a Series A round from Bullhound Capital, General Catalyst's Customer Value Fund, and Nextalia Ventures.
Shop Circle raised €100m in a Series B round from Nextalia Ventures, Primo Capital, CDP Venture Capital, 645 Select Fund, FNDX, and FG2 Capital.
M&A 🥩
TeamSystem 🇮🇹acquired Xtream.
Reading this week📚
Sibill 🇮🇹launched bank accounts with Italian IBAN and corporate cards.
Europe minted 16 new unicorns in 2025 (so far) | Linkedin.
ITA’s Venture Academy is back
Starting October 1, 2025, Italian Tech Alliance launches the sixth edition of the Venture Academy. Until December 17, participants will attend 12 online sessions held every Wednesday (12:00–14:00 CET), plus 3 in-person special lessons in Turin (Opening), Rome, and Milan (Closing). Applications are open until September 26 EOD via the application form available on this page, where you can also download the full program. The Opening Lesson will be hosted as a side event of Italian Tech Week in Turin and will be free to attend for non-enrolled participants, subject to seat availability (register here).
🌟Jobs in Italian Startups🌟
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Startup Events in Italy🎪
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Fundraising Tracker 📈
Ending Notes📝
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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.