TWIS #268

Wsense, Sizable energy, DMAT, and others raised funding. Another acquisition for Teamsystem. The Venture Capital report for Q3 2025.

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 💰

• WSense, a sea connectivity startup, 🇮🇹raised €10m in a Growth round from Indico Capital Partners, SIMEST, CDP Venture Capital, Blue Ocean di SWEN, RunwayFBU, Axon Partners Group, Fincantieri, and Rypples.

• Sizable Energy, an energy storage startup, raised €8m in an Early-stage round from Playground Global, Exa Ventures, Verve Ventures, Satgana, EDEN/IAG, and Unruly Capital.

• Volta Software, a B2B distribution platform, raised €5m in an Early-stage round from RTP Global, Emblem, Robin Capital, Founders Future, and Pascal Houillon.

• DMAT, a sustainable concrete startup, 🇮🇹raised €4.5m in a Seed round from Primo Capital, Safar Partners, PeopleFund, Deep Future, and Corbites.

• Titan4, a spacetech startup, raised €4m in a Series A round from CDP Venture Capital and Vertis.

• Freedome, a traveltech startup, 🇮🇹raised €2m in a Series A round from Opes Italia Sicaf Euveca, SocialFare Seed, and Bios Line Holding.

The Money - Italians Abroad💰

• CoMind raised €60m in a Series B round from Angelini Ventures.

• Streetbeat raised €15m in a Series A round from CDP Venture Capital, TTV Capital, P101, Monte Carlo Capital, 3Lines VC, Azimut, and Evolution VC

M&A🥩

• TeamSystem 🇮🇹acquired Normo.ai.

• 🇮🇹Zest acquired 20% of Eureka! Ventures.

Reading this week📚

• The Venture Capital Report Q3 2025 (with a SpaceTech deep dive) | ITA & Growth Capital.

• The Liquid Factory 2025: Ten Founders, Four Continents.

• “🇮🇹Space Economy: Opportunità e prospettive per i capitali privati“ | AIFI.

• 🇫🇷la startup franco-italienne Volta à l’assaut de l’Europe avec l’appui de l’IA.

• 🇮🇹The 10 fastest growing startups according to LinkedIn | Corriere della Sera.

• From Biella to the whole world, roots that become the future: the silent revolution of the new manufacturing.

• Public Markets Update | Coatue.

• State of Crypto 2025 | A16Z.

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 job postings:

• Venture Capital Analyst at Primo Capital

Startup Events in Italy🎪

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

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.