Resalis Therapetutics raising 10M, Vitesy, Algor Education, Excellis, IH1 - January 9, 2024

Resalis Therapeutics, a biotech startup, announced a €10m round led by Sunstone Life Science Ventures with participation from existing investors.Vitesy, a green-tech startup, 🇮🇹raised €3.2m from Doorway and business angels.Algor Education, an AI startup, 🇮🇹raised €1.4m from Emerge Education, Club degli Investitori, 40Jemz Ventures, and Gustaf Nordbäck.OhmSpace, a space-tech startup, 🇮🇹raised €1.2m in a round led by Scientifica Venture Capital, with Innova Venture and Galaxia joining the round.Mbility, a mobility startup, 🇮🇹raised €1m from FNM.Excellis, an investment holding, 🇮🇹announced its second capital increase (and 10 investments).IH1, an investment holding, 🇮🇹reached €5m in capital raised.

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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.