TWIS #270
AAvantgaarde Bio, Adaptronics, and Stormind Games raised capital. Step Fund announces its first closing.
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 💰
AAVantgarde Bio, a life sciences startup, raised €122m ($141m) in a Series B round from Schroders Capital, Atlas Venture, Forbion, Amgen Ventures, Athos Capital, CDP Venture Capital, Columbia IMC, Neva SGR, Sixty Degree Capital, XGen Venture, Willett Advisors, Longwood Fund, and Sofinnova Partners.
Adaptronics, a robotics startup, 🇮🇹raised €3.15m in a Seed round from 360 Capital, Galaxia, CDP Venture Capital, and Obloo Ventures.
Stormind Games, a gaming startup, 🇮🇹raised an undisclosed amount in a Growth round from Marsa Holding.
New Funds 💫
First 🇮🇹closing for Step Fund.
Reading this week📚
The 🇮🇹richest Italian families in 2025 | Milano Finanza.
Simest 🇮🇹invested €1.3m in Tulum Energy | Il Sole 24 Ore.
🇮🇹Fasteer AI, an agentic platform to build startups from scratch | Il Sole 24 Ore.
An 🇮🇹interview with Tuidi’s founders | Bebeez.
Italy’s Nexi says it received a €1Bn offer from TPG for digital banking assets “ Reuters.
Jobs in Italian Startups🌟
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Startup Events in Italy🎪
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New events added this week:
Fundraising Tracker 📈
Ending Notes📝
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Have a great week,
N.