TWIS #275
Generative Bionics, Equixly, Ogyre, Random Power, and Ekory raised funding. The EIB supported ScalaPay with a €70m loan.
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 💰
Generative Bionics, a humanoid robotics startup, 🇮🇹raised €70m in a Growth round from CDP Venture Capital, AMD Ventures, Duferco, Eni Next, RoboIT, and Tether.
Equixly, an agentic AI cybersec startup, raised €10m in a Series A round from 33N Ventures, Alpha Intelligence Capital, JME Ventures, 360 Capital, and Fondazione Cassa di Risparmio di Firenze.
Ogyre, a climate-tech startup, 🇮🇹raised €3.8m in a Growth round from Vertis SGR, Crédit Agricole Italia, and Open Venture.
Random Power, a quantum-based hardware startup, 🇮🇹raised €2.6m in a Early-stage round from Deep Blue Ventures, Emerald Development Managers LP, 40Jemz Ventures, and Galaxia.
Ekory, a knowledge management startup, 🇮🇹raised €150k in a Pre-seed round from ZNEXT.
Reading this week📚
ESA BIC Turin, a space-tech incubator, 🇮🇹has supported 30 space-tech startups that raised €24m to date.
Primo Deep Dives - Space Economy | Primo Capital.
AutoBench Goes to the Farm with Evja: The First Ever Agronomy Benchmark | HuggingFace.
Veolia 🇮🇹announced Research Gateway, an accelerator for green energy and climatetech | Industria Italiana.
Italy: EIB invests €70 million in Scalapay to accelerate technological innovation in Europe | EIB.
2025: The State of Generative AI in the Enterprise | Menlo Ventures.
Audiencerate Achieves Google Customer Match Partner Status, strengthening its role as a Global Data Provider | BusinessWire.
Big ideas 2026 | A16Z.
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Ending Notes📝
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Have a great week,
N.
It's interesting how much deep tech investment is happening in Italy right now. This roundup really highlights the energy in the ecosistem. I'm especially keen on the AI and robotics strides, thouh I wonder how quickly these innovations will transition to wider enterprise adoption outside of Italy.