TWIS #306
Datapizza, Scuter, Beelzebub, Revismart raised funding. IFF's final closing at EUR 100m. A new credit facility for Bending Spoons. IBM and Algorithmiq demonstrate quantum advantage.
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] Venture Academy by Italian Tech Alliance 7th Edition – Applications Now Open! 🚀
Italian Tech Alliance has launched the seventh edition of the Venture Academy, kicking off on September 23rd, 2026. Running until December 16th, the program features 12 online sessions held every Wednesday (12:00–14:00 CET), alongside 4 special in-person lessons in Milan (Opening), Turin (#3), Rome (#10), and Milan (Closing & Diploma Ceremony 🎓).
Applications are open until September 18th (EOD) via the registration form on this page🔗, where you can also download the full program and check out the faculty.
The Opening Lesson, “The Venture Capital Fundamentals”, will be held live at the Italian Tech Alliance office in Milan (Corso Magenta 59, MI) on the 23 September, and is free to attend for non-enrolled participants as well, subject to seat availability.
The Money 💰
Datapizza, an AI startup, raised €10m in a Series A round from Nextalia Ventures.
Scuter, a mobility startup, 🇮🇹raised €3.5m in a Seed round from Vertis Venture, Pathfinder Investor, b-yond ventures, Nova Capital, Maya Investments, Alessandro Fracassi, Matteo Fago, Marco Trombetti, Claudio Erba, Antonio Baldassarra, Andrea Pietrini, Federico Dettori, Ernesto Ciorra, Giancarlo Aliberti, Alessandro Palmieri, and Fausta Pavesio.
Beelzebub, a cybersecurity startup, raised €3m in a Seed round from United Ventures.
Revismart, a legal-tech startup, raised €500k in a Pre-seed round from 40Jemz Ventures, Stefano Ceci, and other angel investors.
Reading this week📚
Primo Perspectives | Predictive Maintenance | Primo Capital.
52 startups 🇮🇹were selected to join this year’s edition of Unicredit StartLab | Teleborsa.
The Mediterranean Earth observation market is 🇮🇹already worth €2b | Ilsole24ore.
€500 million credit facility for Bending Spoons | StartupBusiness.
IBM and Algorithmiq Demonstrate Quantum Advantage, Establishing a Framework for Trusted Quantum Computation Beyond Classical Verification.
Italian Founders Fund open sourced their standard investment docs, starting from the termsheet.
In related news, Italian Founders Fund 🇮🇹announced the final closing at €100m.
Human Capital in Venture Capital: Evidence From 100,000 Venture Capitalists.
YC opensourced their internal agent harness.
Tool-enabled agents >> Consumer chat bots:
Andrea Volpini@cyberandyWe keep asking if models are getting smarter. Wrong question. I benchmarked what deployed *AI runtimes* can actually DO on a website. Consumer chat: 0–4 out of 24. Tool-enabled agents: 21 and 23. Same models🧵
9:07 AM · Jul 28, 2026 · 201 Views2 Replies · 1 Repost · 1 Like
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!
Startup Events in Italy🎪
Keep an eye on the upcoming events in the Italian ecosystem. Feel free to add an event through this form.
New this week:
Product Heroes Conference 2026 (there are discounted tickets for eligible startups, check it out)
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.
