TWIS #271
CommerceClarity, OhmSpace, 2WATCH, and LexDo.it raised funding. Primo Capital invests in U-Space. Bending Spoons' Remini app surpasses 1.1m weekly downloads. Lots of interesting reports.
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.
[Sponsored] iN3 Ventures launches a Corporate Innovation & Corporate Venture Workshop Series
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Strong Value Propositions with GenAI — Alexander Osterwalder (Strategyzer)
Innovating in ClimateTech — Patrick Oungre (A2A)
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AI Innovation for Business — Alex Dang (The Venture Mindset)
From Corporate VC to Independent Fund — David I. Bassani (Maia Ventures)
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Check out the website for details: https://in3.ventures/webinar/
Apply: Contact iN3 Ventures on LinkedIn or email giacomo@in3.ventures to schedule an onboarding call.
The Money 💰
CommerceClarity, a next generation ecommerce platform, raised €2.7m in a Pre-seed round from Italian Founders Fund, Entourage, Redstone, Euregio+, Vento, Ithaca Investment, and Vesper Holding.
OhmSpace, a spacecraft propulsion startup, raised €2.5m in a Seed round from Galaxia, Takeoff Accelerator, Scientifica Venture Capital, Deep Ocean Capital SGR S.p.A.
2WATCH, a digital media publishing house, 🇮🇹raised €2m in a Growth round from Stefano Bassi, Alessandro Avallone, Luca la Mesa, Fabio Lalli, Mirko Lalli, Donatello Bianco, Andrea Giudici, Massimo Petrella, Francesco di Norcia, RedRock, Pathfinder, Farmacosmo, and Side Angels.
LexDo.it, an accountant-as-a-service startup, raised €1.7m in a Pre-seed round from Invitalia, Viceversa, Roberto Spada, Luca Orsini, and Roberto Lombardi.
The Money International 💰🌎
U-Space, a French manufacturer of small satellites, 🇮🇹raised €24m in a Series A round from Blast, Bpifrance (Definvest fund), Expansion, Primo Capital (Primo Space fund), Karot Capital, Aris, and Vertech Finance.
Reading this week📚
Neva Sgr, 🇮🇹from AI to quantum computing | MilanoFinanza News.
Tether eyes €1bn funding deal with AI robotics start-up Neura | FT.
Bending Spoons’ Remini App Hits 1.16 Million Weekly Installs Following Integration of Google’s ‘Nano Banana’ AI Model | Morning Star.
2025 SaaS Benchmarks Report | High Alpha.
Presenting: The State of the Agentic Financial Stack | MostlyMetrics.
From Words to Worlds: Spatial Intelligence is AI’s Next Frontier | Dr Fei Fei.
The European software paradox: big market, small scale | ShopCircle.
Startups driving Europe’s AI transformation | Dealroom.
🇮🇹Novagria: venture building serving Made in Italy | EFA News.
What’s working in GTM right now. | Growth Unhinged.
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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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.