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1. TRACXN MONTHLY REPORT
APRIL 2021
ITALY TECH

2. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Italy Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 6
Top Funded Business Models - last 1 year 7
Acquisitions 8
Recent News 9

3. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech Snapshot – April 2021
Italy Tech: Snapshot – April 2021
Note : "Investors" refers to "Institutional Investors" only
3
$15.9M
1
Overall Geo Stats
1
5
6
9
3
Funding Rounds $ Invested Analyst Picks
Immagina
BioTechnology!@#
New Investors
3
Series A+ rounds Active Investors IPOs Acquisitions
Inter Consulting#@
myInvenio#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Rome
(2 Rounds, $4.0M)
Faenza
(1 Rounds, $11.9M)
$11.9M - Series B
GreenBone (2014, Faenza, $26.2M)
$2.2M - Seed
Cosaporto (2016, Rome, $2.2M)
$1.8M - Seed
PharmaPrime (2016, Rome, $1.8M)
Innogest Capital
(1 Investments)
Italian Angels for Growth
(1 Investments)
Primomiglio SGR
(1 Investments)
META Group
(1 Investments)
Orthopedics
GreenBone
Online Grocery
Cosaporto
Healthcare Booking Platforms
PharmaPrime
Market Size
Companies Covered 6,980
Funded Companies 1,443
Total Funding $4.9B
Funding in last 12 months $678M
Top Exits
IPOs 42
Acquisitions 249
Company Stage
Unicorns -
Soonicorns 13
Minicorns 68
Editor Picks 467
Series A+ 222
Series C+ 70
Acqui-Hires 3
Deadpooled 529
Top Cities
Milan (250 Rounds, $1.5B)
Rome (152 Rounds, $215M)
Top Investors
LVenture Group (52 Investments)
Club Italia Investimenti 2 (41
Investments)

4. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Italy Tech as of April 2021
Italy Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (April 2021)*
GreenBone
(2014, Faenza, $26.2M)
$11.9M - Series B 3B Future Health Fund
Cosaporto
(2016, Rome, $2.2M)
$2.2M - Seed
PharmaPrime
(2016, Rome, $1.8M)
$1.8M - Seed Primomiglio SGR
*Shows only the lead Investors

5. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds
List of Funding Rounds in Italy Tech in April 2021
Italy Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
EARLY STAGE
$11.9M - Series B
GreenBone (2014, Faenza, $26.2M)
Provider of ortho implants to treat severe fractures
and trauma conditions
3B Future Health Fund, Innogest Capital, META Group,
CDP Venture Capital, Italian Angels for Growth
SEED STAGE
$1.8M - Seed
PharmaPrime (2016, Rome, $1.8M)
Online pharmacy marketplace
Primomiglio SGR
SEED STAGE
$2.2M - Seed
Cosaporto (2016, Rome, $2.2M)
Platform offering grocery supplies

6. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors
List of New Investors in Italy Tech in April 2021
Italy Tech: List of New Investors
6
Investor Company Info Round Amount Round Name
3B Future Health Fund
3 portfolio companies | Venture capital firm investing in early-stage health
companies
GreenBone
Provider of ortho implants to treat severe fractures and trauma
conditions
$11.90M Series B

7. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
7
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲3 Online Grocery Delivery Marketplace $142M 2 Everli | $100M | Series C
2 -- Digital Wallets $80.7M 1 Satispay | $80.7M | Series C
3 <> 0 Direct Home Buying $59.6M 1 Casavo | $59.6M | Series C
4 --
Alternative Lending > Online Lenders > Business Loans >
Diversified > Direct Lender
$54.7M 1 AideXa | $54.7M | Seed
5 -- Internet First Direct Lender Purchase Financing $48.5M 1 Scalapay | $48.5M | Seed
6 -- Online Product Aggregator $48.5M 1 Scalapay | $48.5M | Seed
7 -- Application Development Services $44.0M 1 Gorilla Tech.. | $44.0M | Series A
8 -- Diabetes Drugs $41.3M 2 Enthera | $32.8M | Series A
9 -- Immunology > Drugs > Autoimmune Diseases $41.3M 2 Enthera | $32.8M | Series A
10 --
Gastroenterology > Drugs > Bowel Disorders >
Inflammatory Bowel Disorders
$41.3M 2 Enthera | $32.8M | Series A

8. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions
List of Acquisitions in Italy Tech in April 2021
Italy Tech: Acquisitions
8
Acq. Date Company Acquirer Deal Size
01 Apr 2021
Inter Consulting(2001, Rome)
Developer of diversified embedded hardware
RINA Systems
15 Apr 2021
myInvenio(2013, Reggio Emilia)
Business process predictive analysis solution
IBM
20 Apr 2021
ENGIE Eps(2005, Turin)
Installer and operator of hybrid energy storage systems
Taiwan Cement
21 Apr 2021
Ensemble Video(2007, Syracuse)
Video Content Management
Panopto
27 Apr 2021
Oggioni S.A.S.(1996, Desio)
Provider of fire and gas detection systems
DELTA ERRE SAFE

9. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Italy Tech in April 2021
Italy Tech:News
9
Exit News
.
● ENGIE sold 60.5% of ENGIE EPS shares to TCC: ENGIE EPS will be renamed
NHOA Business Wire
.
● Euronext completes the acquisition of Borsa Italiana AGEFI
.
● Ibm Acquires Italy’s Myinvenio To Integrate Process Mining Directly Into Its
Suite Of Automation Tools TechCrunch
.
● Corsair-backed RGI buys Flexperto PE Hub
.
● Engie sells 60.5% of Engie EPS to TCC: Engie EPS to NHOA Business Wire
.
● RINA acquires Interconsulting Engineering in move to strengthen Space and
Defense arm AviTrader
.
● RINA acquires Interconsulting Engineering in move to strengthen Space and
Defense arm AviTrader
.
People News
.
● Valentino puts Mitchell Bacha in charge of Greater China Fashion Network
.
● Ferragamo confirms exit of creative director Paul Andrew FashionUnited

10. Italy Tech - April 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Explore more on Tracxn
Explore more about Italy Tech on Tracxn Platform
Italy Tech: Explore more on Tracxn Platform
10
Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in Italy
AI Companies in Italy
Fintech Companies Italy
Consumer Digital in Italy
Company Due Diligence
Detailed profile of
Competitors of
Cap Tables of
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
Recent News
News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

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