Avaneidi raising 8M, Exor investing in Sava, 2024 H1 in VC - June 25, 2024

Avaneidi, a cybersecurity startup, announced an €8m Series A funding round from United Ventures. Brandplane, an AI-driven marketing startup, 🇮🇹raised 460k from StyleIT, CDP VC, and business angels. Recuperiamo, a circular economy startup, 🇮🇹raised 460k from SICI Sgr, Impact Hub, XEquity Venture Club, and other business angels. Hubique, a proptech startup, 🇮🇹raised an undisclosed amount from Apside. Spill, a ready-to-drink-cocktails startup, 🇮🇹raised an undisclosed round from Vesper Holdings and other business angels. Talking about ready-to-drink cocktails… Also Mixum, another startup in the market, 🇮🇹raised an undisclosed round from Avvio Capital, Archimede Capital Partners, and other investors. Soplaya, a foodtech startup, 🇮🇹raised a new undisclosed round from Linfa, Finint Investments, and Kostanza Investments. Exor Ventures co-led a $8m Series A round in UK-based Sava. London / Milan / New York-based Xtribe agreed to go public through a business combination with WinVer Acquisition Corp. Spain-based NOBA Ventures joins the GELLIFY Innovation Factory. DGS S.p.A. acquired Ariadne Group.

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The Week in Italian Startup discusses and analyzes the latest news from the Italian startup ecosystem. Giacomo Mollo is a former academic in philosophy turned tech investor. He is co-founder and partner of iN3 Ventures, a corporate innovation and VC firm. Niccolò Sanarico is an Oxford MBA and a software engineer with a passion for innovation and startups. He is currently an Investment Manager at Primo Ventures SGR, a venture capital firm based in Italy.