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.
This issue comes one day later than usual as I spent a bank holiday with family.
The Money 💰
Pack, an HR-tech startup, raised €2.3m from Acadian Ventures, completing its Series A announced back in September.
Liabilix, an anti-fraud analysis startup, raised €1.2m in a Pre-seed round from DFF Ventures, FJ Labs, Plug&Play, and Business Angels.
The Money, international 💰🌎
Morphocell Technologies raised €50m in a Series A round from Investissement Québec, and CDP Venture Capital.
Saporo raised €7m in a Series A round from TIN Capital, G+D Ventures, CDP Venture Capital, XAnge, Lightbird VC, and Session VC.
M&A
Bending Spoons buys Eventbrite for $500 million (an 80% premium on average trading price).
New Funds💫
The EIB and Angelini Ventures 🇮🇹entered into a €150m agreement to invest in European startups.
Reading this week📚
A bit of self-promotion: this week I was honored to be🇮🇹featured in Stefano Gatti’s La Cultura Del Dato.
Harmonic Innovation Group 🇮🇹raised €600m to build a global platform to foster research, new technologies, and investments with a humanistic & ethical approach.
Shop Circle secured $100M credit facility as it positions itself as Europe’s alternative to VC funding | TechEu.
AI Venture Builder 🇮🇹raised €2.85m on Republic Europe.
State of AI: an empirical 100 trillion token study with OpenRouter | OpenRouter.
Win the First 5 Seconds: The YC Landing Page Formula for Early-Stage Startups | VC Corner.
Beyond the Bubble: Why AI Infrastructure Will Compound Long after the Hype | KKR.
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!
Newest entries:
Entrepreneur in Residence (EIR) – Future CEO & Co-Founder | Novagria Ventures at Novagria Ventures
Entrepreneur in Residence (EIR) – Future CTO & Co-Founder | Novagria Ventures at Novagria Ventures
Startup Events in Italy🎪
Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.
Newest entries:
B4i Call for Startups - Batch XIII | Q&A Time
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.
Superb curation of the Italian ecosystem activity this week. The Bending Spoons and Eventbrite deal is really facinating, especially that 80% premium they paid. Makes me think about how European tech acquirers are getting way more agressive with valuations to compete globaly. That EIB-Angelini partnership could be a game changer for early stage capital acess too.