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
What if you could bring together some of the top global thinkers in corporate venture and innovation? A cutting-edge, executive-level program designed for corporate leaders who want measurable results and a world-class network.
Inside the cohort:
Strong Value Propositions with GenAI — Alexander Osterwalder (Strategyzer)
Innovating in ClimateTech — Patrick Oungre (A2A)
Innovation Portfolio Management — Mikkel Draebye (KAUST & SDA Bocconi)
Corporate Development as a Service — Neal Hansch (Silicon Foundry)
AI Innovation for Business — Alex Dang (The Venture Mindset)
From Corporate VC to Independent Fund — David I. Bassani (Maia Ventures)
What you get:
6 live sessions across 4 months + full recordings
Interactive fireside chats with corporate venture pioneers
Practical playbooks: GenAI value propositions, CVC models, portfolio management, AI innovation
Executive-only cohort with curated peers, meetups, and priority access to future programs
For: C-suite, VP, Director, and Executive leaders in Innovation, Strategy, BD, and Corporate Development.
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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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.
Couldn't agree more. Thank you, Niccolò, for compiling these crucial insights. The focus on corporate innovation, especially with GenAI and AI strategy, is paramont for modern business ecosystems. These initiative are a strategic imperative for progress, particularly in the European context.