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 💰
Argotec, a spacetech company, 🇮🇹raised €50m in a Growth round from Nuo Space.
Agora Labs, a health data privacy startup, raised €4.3m in a Seed round from Infinite Five (Mussetto family).
E-Plato, an AI-for-industrial machinery startup, 🇮🇹raised €3m in a Seed round from DFF Ventures, MITO Tech Ventures, Vento Ventures and Smart Capital.
Testbusters, an edtech startup, 🇮🇹raised €1.2m in a Seed round from Smart Capital.
Magic Vision, an Ai caregiver for senior people, 🇮🇹raised €600k in a Pre-Seed round from SixS and business angels.
Promethence, a post-quantum cryptography startup, 🇮🇹raised €200k in a Pre-seed round from Quantum Italia.
The Money - Italians in the wold💰
Circuit Mind raised €25m in a Series A round from Norwest, Third Prime, Differential, Blackhorn and Lightscape VC.
YK-Robotics raised €1m in a Seed round from Draper B1, First Drop, BStartup (Banco Sabadell), Coben Ventures, Elephant Capital and PnP USA (Plug and Play).
M&A 🥩
Intel to Acquire Classiq to Create a Full-stack Quantum Computing Platform - exit for Neva SGR and CDP VC.
Cosmico acquires Clutch.
TIM acquires 70% of VoiSmart, options on remaining capital through 2030.
New funds💫
New Altitude: 🇮🇹a new breed of investment & acceleration platform.
Reading this week 📚
The real cost of salt: what Italy's public LPs reveal about VC | StartupBusiness.
Hercle and BANCOMAT Partner to Expand EUR.BANK Stablecoin Ecosystem into Global Payments.
Which LLM for my AI? The role of AI routers. | StartupBusiness.
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.
Fundraising Tracker 📈
Ending Notes📝
Don’t forget to check out the TWIS dashboard for the latest updates.
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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.
