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.
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The Money 💰
Nouscom, a biotech company, raised €120m in a Series D round from M Ventures, Revelation Partners, Angelini Industries, European Investment Bank, Neva SGR, 5AM Ventures, Andera Partners, Angelini Ventures, Bpifrance, CDP Venture Capital, EQT Life Sciences, Indaco Venture Partners, Panakes Partners, Versant Ventures and XGEN Ventures.
Phononic Vibes, a startup developing noise-control systes, 🇮🇹raised €25m in a Growth round from Jolt Capital, Eureka! Venture SGR, CDP Venture Capital and Simest.
Rulen (ex LexSA), a startup developing a tax & accounting AI system, raised €1.8m in a Seed round from VC Partners, Growth Engine, AME Ventures, Zest, Alpha Venture and Business Angels.
Ganiga, a startup developing an AI-based waste optimisation platform, 🇮🇹raised €1.5m in a Seed round from Vivenda, NextStep and business angels.
DatAIMed, an AI-for-clinical-data startup, 🇮🇹raised an undefined amount from Gruppo Maggioli.
The Money - Italians in the wold💰
Even Healthcare raised €50m (👏🏻👏🏻👏🏻) in a Series B round from Khosla Ventures and Alpha Wave.
New funds💫
Lazio innova 🇮🇹announced its new investment program, with 140m to invest in innovation and startups in the Lazio region.
Exceptional 🇮🇹announced its second fund focused on joyspan startups.
CDP VC 🇮🇹announced the second vintage of its Accelerators Fund, with the first commitment into Z_one Fund (managed by Eureka! Ventre SGR).
Reading this week 📚
Generative Bionics to launch Physical AI Data Factory in Italy | The Robot Report.
Bank of Italy 🇮🇹released its report on fintech operators in Italy | Teleborsa.
Italian Tech Allianza and Growth Capital released their Q3 report on the Italian VC & startup market.
Stellantis held its annual 🇮🇹Factory Booster Day earlier this month.
Many might not have noticed, but last week saw the occurrence of several major cyber incidents across the world. Just the new normal in the new AI era.
Niccolo Sanarico@il_nicoJust a new, normal Wednesday in cybersecurity.
⁵⁄₉ @fiveoutofnineSo basically, today PHP got two critical bugs that let anyone run code on your server without even logging in, which is bad, and then the details leaked before the patch was even out, which is worse, and it works on WordPress and MediaWiki and Magento and Joomla and Laravel, and7:23 AM · Oct 22, 2026 · 50 Views1 Like
Jobs in Italian Startups🌟
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Startup Events in Italy🎪
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New this week:
Fundraising Tracker 📈
Ending Notes📝
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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.
