Sofinnova Partners, a European life sciences venture capital firm based in Paris, London and Milan, appointed Dr. Joe Anderson as Partner in the Sofinnova Crossover Fund.
Phononic Vibes, a Milan, Italy-based deeptech startup developing innovative solutions for noise and vibration reduction, closed a €2.3M in funding.
Wise Srl, an Italian medical device company developing next-generation implantable leads for neuromonitoring, neuromodulation and brain-machine interfacing, closed a €15m Series C financing round.
Restorative Neurotechnologies, an Italian startup focusing on the development of medical devices and innovative solutions for rehabilitation and cognitive enhancement, closed a funding round of €1M.
MotorK, a Milan, Italy-based automotive sales and marketing technology company, raised more than €10 in equity and debt financing.
Claris Ventures, a Turin, Italy-based newly formed venture capital firm, announced the first closing of its maiden fund, Claris Biotech I, at $30m.
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, an Italian venture capital firm focused in deeptech investments, held the first closing of Eureka! Fund I – Technology Transfer, at €38m.
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, 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, a Milan, Italy-based provider of a school management platform, raised €6.4M in funding.
Expert System (EXSY:MIL), a Modena, Italy-basded artificial intelligence solutions company, raised $29.4m in the latest round of funding.
Accenture (NYSE: ACN) completed the acquisition of PLM Systems, a Turin, Italy-based boutique systems integrator.
United Ventures, a Milan, Italy-based venture capital firm, launched a new fund called UV T-Growth.
Voices of Wealth, the Milan, Italy-based provider of We Wealth, a wealth management marketplace, raised €1.5m in a second funding round.