Develhope raising 6M, Crono, RedFish LT Capital, Stellantis Ventures - June 20, 2023

Develhope, an edtech startup, 🇮🇹raised €6m from CDP VC, Opes, and Sefea. Crono, a sales-tech startup, raised €500k from SFC Capital, Aticco Ventures, and others. Supermoney, a utilities & finance products comparison company, agreed with VAM SPAC to go public via a merger valuing the company €200m. IREN 🇮🇹acquired 88.43% of ReMat, a circular economy startup, by paying €3.5m. Red Fish Long Term Capital 🇮🇹is planning an IPO with a valuation between €22 and €25m. The company raised previous capital in three crowdfunding campaigns. Stellantis Ventures invested in 10 mobility startups. Blackrock filed an application for a spot Bitcoin ETF.

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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.