The Week in Italian Startup Giacomo Mollo

Cryptosmart, a crypto exchange, 🇮🇹raised €3.5m and announced the acquisition of IBX AG, a bitcoin mining company.


BOEM, a startup launching a low-alcohol drink, 🇮🇹raised €3m from LMDV Capital, an existing shareholder.


Lithium Lasers, a deep-tech startup specializing in femto-lasers, raised €2m from Primo Space and 360CP. Primo Space also invested €1.1m in Ecosmic, a space-tech startup.


Qlhype, a second-hand clothes startup, 🇮🇹raised €700k from business angels.


Drinkme, a B2B wine and spirits startup, 🇮🇹raised €580k in a crowdfunding campaign.


Neva SGR 🇮🇹joined a $100m Series D in Coro, an Israeli cybersecurity company.




xFarm Technologies merged with Greenfield and Spacesense to hone its Geospatial AI.


Edflex, a French edtech startup, acquired OfCourseMe.

Cosmico, a talent-tech startup, 🇮🇹raised €4m from Prana Ventures, 40Jemz, Intesa Sanpaolo, and business angels.


LIFTT joined the $26m round raised by Evergreen Theragnostics, a life sciences startup.




CDP Venture Capital launched Frontech Accelerator, with Algorand and Microsoft as technical partners




Visma acquired Fiscozen: exit for United Ventures and Keen Venture Partners.




The first quarter has concluded, and we now have the initial assessments of the Italian startup landscape, as detailed in the VeM report and the Venture Capital Report by Growth Capital / ITA.

Tes Pharma, a biotech company, 🇮🇹raised €10m from XGen Venture.


FidoCommercialista, a tax-tech startup, 🇮🇹raised €1.2m from 40Jemz Ventures, X-Equity Venture Club, i3Charter, Alecla7, and Vesper.


Kilogram, a food-tech and wellness startup, 🇮🇹raised 150k from Archangel AdVenture.


Proxima Fusion, a nuclear fusion startup based in Germany, raised €20m. The startup is a spin-out of the Max Planck Institute and is led by Italian founders.




Oops, they did it again: Bending Spoons announced the acquisition of StreamYard Top Corp (a.k.a. Hopin).


Impresoft 🇮🇹acquired Ribes Solutions.


Cloud Care 🇮🇹acquired Crea.re Digital.


OpStart 🇮🇹acquired a majority stake in BackToWork.


Almaviva 🇮🇹acquired Magna Sistemas Consultoria Sa.

BookRepublic, a digital e-book library, raised €1.5m from Mondadori, with a commitment for an additional €1.5m investment in 2025. They two will launch Narae, a joint venture focused on webnovels.


NExT, a modular electric vehicles startup, 🇮🇹raised €1.25m from Cysero.


Amalia Care, a health-care startup, 🇮🇹raised €1m from Personae (a CDP-powered accelerator), A|Impact, Social Fare, and business angels.

Casavo 🇮🇹raised so far €19.5m out of the €30m in convertible debt as it executes its turnaround plan.

Nouscom raised an additional €7m into its Series C round (see TWIS #178) from Angelini Ventures.

AION Tech, an API orchestration startup, 🇮🇹raised €1.3m from AATECH SPA SB.

StepsConnect, a recruiting-tech startup, 🇮🇹raised €1m from a syndicate of investors including 40Jemz Ventures, Eden Ventures, Moonstone Fund, Moffu Labs, and others.

Keplero AI, an AI assistant for customer service startup, 🇮🇹raised €400k in a round led by 40Jemz Ventures.

Id.Eight, a sustainable sneaker startup, 🇮🇹raised €350k from A|Impact.

Wesii, a company deploying drones to monitor critical infrastructure, 🇮🇹raised €2.8m from Terna Forward and DXT Commodities sa.Cynomys, a Precision Livestock Farming startup, raised €2.1m in a seed round participated by Farming Future, dsm-firmerich Venturing, Levante Capital, SVG Ventures, Plus9, in addition to previous investors.TalentWare, a talent management startup, raised €800k in a pre-seed round led by 360cap.Nozomi Networks, an OT and IOT security company, raised $100m from Mitsubishi Electric and Schneider Electric, among others.