TWIS #303
Young Group, Klaro, Nlcomp, ZeroCO2 raised funding. Primo Space 2 announced with a €120m target. Exit for Wsense.
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 💰
Young Group, a crypto exchange, 🇮🇹raised €22.5m in a Growth round from Azimut.
Klaro, a fintech startup, raised €3m in a Early-stage round from 360 Capital (360 Digitaly), CDP Venture Capital SGR.
Nlcomp, a new materials startup, 🇮🇹raised €1.15m in a Seed round from Ocean, Samer & Co. Shipping, and CDP Venture Capital.
ZeroCO2,a carbon credits startup, raised €1m in a Seed round from NTT Data Italia, and CDP Venture Capital.
The Money International 🌍💰
Proxima Fusion, a nuclear fusion startup, raised €468m in a round from XTX Ventures, East X Ventures, RWE, Google, KfW Capital, SPRIND - Bundesagentur für Sprunginnovationen, and Burda Principal Investments.
Handspring, a pediatric mental health startup, raised €19m in a Series B round from RPS Ventures, Angelini Ventures, Cobalt Ventures, NextView Ventures, Nvp Capital, Hyde Park Angels, and Cornucopian Capital.
New funds💫
Primo Space 2 is launched for space technology and dual-use applications, with a target of €120 million | StartupBusiness.
M&A🥩
Fincantieri acquired WSense.
Reading this week📚
An 🇮🇹interview with Satispay’s Alberto Dalmasso | StartupItalia.
Here is the hub for robotic additive manufacturing in design | StartupBusiness.
Moats are dead, long live moats | Tommaso Moraca.
An 🇮🇹interview with CrestOptics’ Renato Giacobbo Scavo | Agenzia Nova.
Niulinx has setup a German subsidiary.
Jobs in Italian Startups🌟
If you want to share or more job positions relevant to the Italian ecosystem, fill out this form (note: fixed - it was offline for most of last week). Looking for a new job? Check out this link!
Startup Events in Italy🎪
Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form (note: fixed - it was offline for most of last week).
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.
N.
