Sofinnova Partners Closes €445M Late-Stage Healthcare Crossover Fund
Sofinnova Partners, a European life sciences venture capital firm based in Paris, London and Milan, closed Sofinnova Crossover Fund at €445m ($540m USD).
Italy
hlpy Raises €1M in Seed Funding
hlpy, a Milan, Italy-based roadside assistance company, raised €1M in seed funding.
Tau Raises €6.75M in Series A Series A Funding
Tau, a Turin, Italy-based e-mobility and advanced materials startup, raised €6.75m in series A funding.
Enthera Pharmaceuticals Extends Series A Totalling €35M
Enthera Pharmaceuticals, a Milan, Italy-based biotech company, closed its Series A financing, with a total financing of €35m.
Scalapay Raises $48M in Seed Funding
Scalapay, a Milan, Italy-based provider of a third-party payment solution that enables customers to buy now and pay later (BNPL) without interest, raised $48M in seed funding.
Cortilia Closes €34M Series C Financing
Cortilia, a Milan, Italy based online quality fresh food company, closed a €34m Series C round of financing.
Angelini Pharma Acquires Arvelle Therapeutics, for Up To $960M
Angelini Pharma, a Rome, Italy-based international pharmaceutical company which is a part of the private Italian Angelini Group, acquired Arvelle Therapeutics, a Swiss-based biopharmaceutical company focused on bringing innovative treatments to patients suffering from CNS disorders.
EUREKA! Venture SGR Holds Second Close of Fund I
EUREKA!, a Milan, Italy-based independent venture capital firm focused on deeptech investments, held the second close of Fund I.
Primomiglio Launches Space Focused Venture Capital Fund
Primomiglio Sgr, an Italian venture capital firm, has launched a space startup focused venture capital fund.
Gamenet to Acquire Lottomatica Scommesse and Lottomatica Videolot Rete
Gamenet Group S.p.A. is to acquire 100% of the participation held by International Game Technology PLC through Lottomatica Holding S.r.l. in Lottomatica Scommesse S.r.l. and Lottomatica Videolot Rete S.p.A.
Generali Teams Up With Accenture to Form Joint Venture to Accelerate Its Digital Transformation Strategy
Generali Group and Accenture (NYSE: ACN) have launched a joint venture that will leverage cloud technologies and shared technology platforms to accelerate the insurance group’s innovation and digital strategy.
Termo Raises $10M in Series A and B Funding
Termo (formerly Termostore), a Fondi (Latina), Italy-based provider of a digital service platform for sustainable HVAC systems installation and maintenance for households, raised $ 10m in combined Series A and Series B funding.
Banca Generali Acquires Stake in Conio
Banca Generali acquired a stake in Conio, Inc., a Milan, Italy-based fintech and cryptocurrency services provider.
Aiko Closes €1.5M Venture Capital Funding Round
Aiko, a Turin, Italy-based startup that develops Artificial Intelligence software for the automation of space missions, closed €1.5M venture capital funding round.
Kellify Appoints Giorgia Coltella as CEO at Gradient, Facing Identity Representations Through AI
Kellify, a Genoa, IT and Seoul, KR-based neuroscience company focused on emotion AI, has appointed Giorgia Coltella as CEO at Gradient, the first AI shining light on the identity representations that reflect today’s world.