Cubbit, a distributed enterprise storage startup, raised $12.5m in a round led by ETF Partners and LocalGlobe, with participation from existing and new investors including Primo Ventures, CDP VC, 2100, Azimut, Growth Engine, and Moonstone. Subbyx 🇮🇹came out of stealth with a €5.5m pre-seed round. Illuminem, a data-for-sustainability startup, 🇮🇹raised €2m from Techstars, Blackwood Venture, Fortino Capital, Genesis Venture, and other investors. Fluid Wire Robotics, a startup developing robotic arms for hostile environments, raised €0.8m from RoboIT, Scientifica VC, and Pariter Partners. While I was offline, we had quite a few other rounds announced: LimoLane (€35m), HUI (€25m), Exein (€15m), BionIT Labs (€5.5m), Wopta (€4.1m), 🇮🇹Rent2Cash (€3m), 🇮🇹Starting Finance (€1.5m), 🇮🇹Newarc (€0.8m) Vaire Computing, a reversible computing startup, raised $4.5m in a round led by 7percent Ventures. Brembo Ventures 🇮🇹invested in US-based Spoke Safety. Nextalia announced the final closing of its €150m VC fund. Primo Ventures announced its new climate-tech fund, with a €40m first closing. Rancilio Cube announced a second international VC fund-of-funds with an allocation of €50m. Bending Spoons acquired Issuu. Mavriq 🇮🇹acquired Switcho at a €20m valuation. Contents acquired Zulla. Cosmico 🇮🇹acquired a majority stake in Flatmates. Qaplà 🇮🇹acquired Transactionale. What does the perfect seed round look like? [Adam Shuaib] Conio and Mesh teamed-up to 🇮🇹launch the first bitcoin-based open banking platform in Europe [Blockchain4innovation]. How to go from Seed to Series A to Series B funding [Medium]. Status of Italian Life Sciences VC [Pierpaolo Padula]. Satispay to 🇮🇹expand into offering investment products [Forbes]. D-Orbit launched a new US-based joint venture [SpaceNews]. Neva SGR invested in Bio4dreams, a startup incubator. An 🇮🇹interview with Alessandra Mazzilli [StartupItalia]. Coatue’s EMW 2024 conference presentation on the state of the markets [Coatue]. The State of Enterprise Tech [Insight Partners]. The valzer of the fundraising numbers for H1 2024 has begun: Growth Capital / ITA, VeM.

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