Sofinnova Partners, a European life sciences venture capital firm based in Paris, London and Milan, closed Sofinnova Crossover Fund at €445m ($540m USD).
hlpy, a Milan, Italy-based roadside assistance company, raised €1M in seed funding.
Tau, a Turin, Italy-based e-mobility and advanced materials startup, raised €6.75m in series A funding.
Enthera Pharmaceuticals, a Milan, Italy-based biotech company, closed its Series A financing, with a total financing of €35m.
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, a Milan, Italy based online quality fresh food company, closed a €34m Series C round of financing.
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!, a Milan, Italy-based independent venture capital firm focused on deeptech investments, held the second close of Fund I.
Primomiglio Sgr, an Italian venture capital firm, has launched a space startup focused venture capital fund.
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 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 (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 acquired a stake in Conio, Inc., a Milan, Italy-based fintech and cryptocurrency services provider.
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, 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.