Dear Reader, we were in Palermo and Dubai, the Sicilian city hosted the first edition of the Mediterranean Startup World Cup and managed to attract startups and investors from all over the world, while in Dubai the 44th edition of Gitex and Expand North Star took place with numbers counting over 6500 exhibitors and 200,000 visitors, and the European edition is preparing to make its debut in Berlin in May 2025, I tell you about the two events with two reports. I then tell you about Europe with the Unite and Scaling Club programmes, energy, women's football with Como Women. There are also numerous investment rounds with xFarm and Lymphatica leading the ranking in terms of size and then Stellar, Radical Storage, Aiko, WithLess, i-Foria, Stema, Composite Research, WembraneX. There were also movements among the scaleups with BeDimensional inaugurating its new plant in Genoa, D-Orbit signing an important contract, Austria's Fiskaly arriving in Italy and ShippyPro going to France. And then there are the startup investment figures for the third quarter of 2024, which show growing numbers and restore optimism for the latter part of the year, and the launch of the new fund Digitaly by 360 Capital. Enjoy reading and may the Force be with you. |
Top stories |
Editorial, Events
Gitex and North Star, the global platform for the tech industryThe Dubai-born event has thousands of exhibitors and hundreds of thousands of participants and is preparing to expand to Europe, Africa and Asia
Editorial
Palermo, startup, competition, the world looks to the MediterraneanThe first edition of the Mediterranean Startup World Cup brought investors and entrepreneurs from all over the world to Sicily
Scaleup
Energy Dome, Cellply and Caracol join the EIC Scaling ClubThe three Italian scaleups join the club of the European Innovation Council aiming at the creation of unicorns |
Investments |
Funding News
EUR 36 million Round C for xFarm TechnologiesInnovative scaleup in agriculture receives investment from various investors and continues to grow in various European countries
Funding News
Cyber Guru, 23 million euro funding roundCybersecurity specialist scaleup receives capital from Riverside, Educapital, Adara and P101 Venures
Funding News
Panakes, TechWald, CDP lead Lymphatica’s €17.9m roundLausanne, Switzerland-based scaleup specialising in lymphoedema treatments also opens an office in Italy
Funding News
Stellar’s new round brings total capital raised to €9.3MFrench start-up raises new round from Spain’s Elewit and Italians Primo Space and Alchimia Investments
Funding News
Traveltech, $7 million round for Radical StorageStart-up that innovates in the luggage storage sector receives funding from CDP VC Azimut, Opes Italia, Finint Investments, Vertis
Funding News
Aiko receives EUR 3.5 million from Deep Blue Venture and Primo SpaceThe spacetech scaleup aims for expansion both in Europe, where it intends to strengthen its French office, and in the US in the coming year
Funding News
WithLess receives EUR 3 million from Primo Ventures and other investorsThe start-up optimises the purchase and management costs of business software, already chosen also by Italian scaleups
Funding News
i-Foria Italia’s circular economy raises EUR 1.7 millionStart-up recycles personal absorbent product waste and receives funding from CDP VC and Mito Tech Ventures
Funding News
Stema supports STEM professions and closes a 1.6 M€ roundThe start-up receives investment from United Ventures together with Eden Ventures, Club degli Investitori and Octopus Ventures
Funding News
Progress Tech Transfer invests 350k EUR in WembraneXMito Technology’s fund renews commitment to support startup that improves water infrastructure efficiency |
Vc voice |
Vc Voice
360 Capital, first closing for the 360 Digitaly fundThe new fund starts with an endowment of EUR 30 million, is participated by CDP VC and makes early stage investments
Report
Start-up investments, third quarter at EUR 524 millionReport by Italian Tech Alliance and Growth Capital notes significant growth between Q2 and Q3
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Start-ups and scale-ups |
Scaleup
BeDimensional, new plant in Genoa and new investmentsThe scaleup operates in the field of graphene production with unique technologies and aims for exponential growth
Scaleup
D-Orbit signs EUR 119.6 million contract with ESAThe agreement announced at the IAC in Milan also involves other European entities and aims to make space cleaner and safer
Scaleup
ShippyPro sets its sights on France and opens Paris officeItalian scaleup specialising in logistics solutions reports growing turnover and intends to grow internationally
Scaleup
Fintech, scaleup Fiskaly opens in Italy and closes a growth roundAustrian scaleup expands into the Italian market by leveraging the need for companies to accelerate digitisation |
Events |
Events
Milan hosts the first Italian edition of Beautiful Work WeekThe international event is dedicated to the future of work and how it is important to consider it from new perspectives
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Startup Kit |
Legal, Startup Kit
Italian SAFE, the updated version is even more efficientThe tool facilitating investments in start-ups is now available in an updated version from a pool of organisations, law firms and associations
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