Italy Archives | FinSMEs

Claris Ventures Holds First Close of Maiden Fund, at $30M

Claris Ventures, a Turin, Italy-based newly formed venture capital firm, announced the first closing of its maiden fund, Claris Biotech I, at $30m.

Italy’s New Countermeasures to Mitigate the Impact of Covid-19

While Europe continues to recover from the initial socio-economic impact of Covid-19, the Euro-area economy unexpectedly lost some momentum this month after a sudden resurgence in cases.

EUREKA! Venture SGR Holds First Closing of Eureka! Fund I – Technology Transfer, at €38M

EUREKA! Venture SGR, an Italian venture capital firm focused in deeptech investments, held the first closing of Eureka! Fund I – Technology Transfer, at €38m.

Astorg to Sell Surfaces Group to TA Associates

Astorg is to sell Surfaces Group, a Cenate Sotto, Italy-based supplier of abrasive tools and consumables used in the manufacturing process of high-end materials, to TA Associates.

Artemest Raises $5M+ in Equity Funding Round

Artemest, a Milan, Italy and New York-based e-commerce platform selling Italian luxury design, home decor and lifestyle, raises a new $5M+ round of financing.

WeSchool Raises €6.4M in Funding

WeSchool, a Milan, Italy-based provider of a school management platform, raised €6.4M in funding.

Expert System Raises $29.4M in Funding

Expert System (EXSY:MIL), a Modena, Italy-basded artificial intelligence solutions company, raised $29.4m in the latest round of funding.

Accenture Closes Acquisition of PLM Systems

Accenture (NYSE: ACN) completed the acquisition of PLM Systems, a Turin, Italy-based boutique systems integrator.

United Ventures Launches €150M UV T-Growth; Tim Commits €60M

United Ventures, a Milan, Italy-based venture capital firm, launched a new fund called UV T-Growth.

Voices of Wealth Raises €1.5M in Second Funding Round

Voices of Wealth, the Milan, Italy-based provider of We Wealth, a wealth management marketplace, raised €1.5m in a second funding round.

Enthera Pharmaceuticals Raises €28M in Series A Financing

Enthera Pharmaceuticals, a Milan, Italy-based biotech company, completed a €28m Series A financing round.

Lumen Ventures Launches €25M Early Stage Fund

Lumen Ventures, a Rome, Italy-based early stage venture capital firm, has launched its $25m maiden fund.

H.I.G. Europe Acquires Project Informatica

An affiliate H.I.G. Europe acquired a controlling stake in Project Informatica S.r.l., a Stezzano (Bergamo), Italy-based firm in the Italian information technology industry.