Check out @Tracxn's #curated latest #startup activity in #Tech rebrand.ly/th1vs25 Subscribe for free https://rb.gy/3yuosu to access reports on your #Geography of interest, every month!

1. TRACXN MONTHLY REPORT
NOVEMBER 2021
ITALY TECH

2. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies 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 8
New Analyst Picks 9
IPOs 10
Acquisitions 11
Recent News 12

3. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Italy Tech Snapshot – November 2021
Italy Tech: Snapshot – November 2021
Note : "Investors" refers to "Institutional Investors" only
3
$19.8M
2 1
Overall Geo Stats
20
6
27
4
6
Funding Rounds $ Invested Analyst Picks
Energy Dome
Upgraded to
MINICORN
New Investors
DCI
NGC
Series A+ rounds Active Investors IPOs
MotorK
Acquisitions
Sofia
Capecod Gaming
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Milan
(2 Rounds, $5.3M)
Milano
(2 Rounds, $2.2M)
Lonate Pozzolo
(1 Rounds, $11M)
Agropoli
(1 Rounds, $573K)
$11M - Series A
Energy Dome (2019, Lonate Pozzolo,
$11M)
$3M - Seed
Macai (2021, Milan, $3M)
$2.3M - Seed
Tot (2021, Milan, $2.3M)
$1.6M - Series A
Deesup (2016, Milano, $2.0M)
LVenture Group
(1 Investments)
Plug and Play Tech Center
(1 Investments)
A2A
(1 Investments)
Matrix Partners India
(1 Investments)
Energy Storage Tech
Energy Dome
Online Grocery
Macai
Banking Tech
Tot
Home Improvements
Deesup
Market Size
Companies Covered 8,728
Funded Companies 1,464
Total Funding $3.9B
Funding in last 12 months $756M
Top Exits
IPOs 26
Acquisitions 224
Company Stage
Unicorns 1
Soonicorns 12
Minicorns 75
Editor Picks 542
Series A+ 200
Series C+ 49
Acqui-Hires 3
Deadpooled 526
Top Cities
Milan (255 Rounds, $1.6B)
Rome (143 Rounds, $117M)
Top Investors
LVenture Group (56 Investments)
Club Italia Investimenti 2 (37
Investments)

4. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Italy Tech as of November 2021
Italy Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (November 2021)*
Energy Dome
(2019, Lonate Pozzolo, $11.0M)
$11.0M - Series A 360 Capital Partners
Macai
(2021, Milan, $3.0M)
$3.0M - Seed Plug and Play Tech Center
Tot
(2021, Milan, $2.3M)
$2.3M - Seed Sella.it
Deesup
(2016, Milano, $2.0M)
$1.6M - Series A LVenture Group
CoreStarter
(2021, Saint-vincent, $1.3M)
$1.3M - Seed SL2 Capital
Sibill
(2021, Agropoli, $573K)
$573K - Seed Federico Sargenti
*Shows only the lead Investors

5. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
List of Funding Rounds
List of Funding Rounds in Italy Tech in November 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
$1.6M - Series A
Deesup (2016, Milano, $2.0M)
Online marketplace of second-hand home
improvement items
LVenture Group, Club degli Investitori, , , LifeGate
EARLY STAGE
$11.0M - Series A
Energy Dome (2019, Lonate Pozzolo, $11.0M)
Provider of CO2-based energy storage solutions
360 Capital Partners, , Third Derivative, Barclays, A2A
SEED STAGE
$573.2K - Seed
Sibill (2021, Agropoli, $573.2K)
Payment reconciliation and link-based payment
solutions
Federico Sargenti, Raffaele Mauro, Matteo Cera,
Giuseppe Lacerenza
SEED STAGE
$1.3M - Seed
CoreStarter (2021, Saint-vincent, $1.3M)
Multi-chain IDO platform with NFT marketplace
SL2 Capital, NGC, AU21 Capital, , Born This Way
Foundation, and 8 more
SEED STAGE
$2.3M - Seed
Tot (2021, Milan, $2.3M)
Digital bank for businesses
Sella.it
SEED STAGE
$3.0M - Seed
Macai (2021, Milan, $3.0M)
Online platform offering multi-category grocery
supplies
Lumen Ventures, cats.vc, Plug and Play Tech Center

6. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
New Investors (1/2)
List of New Investors in Italy Tech in November 2021
Italy Tech: List of New Investors
6
Investor Company Info Round Amount Round Name
DCI
1 portfolio companies | Diversified investment management firm and fund of
funds
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
NGC
85 portfolio companies | Investment firm focusing on cryptocurrencies and
blockchain projects
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
Down Under Capital
2 portfolio companies | Venture capital fund and funds of fund focused on
cryptocurrency, blockchain, and digital asset investments
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
Infinity Capital
2 portfolio companies | Diversified asset management firm
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
Halvings Capital
3 portfolio companies | Main page - Halvings Capital
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
oiginvest.com
4 portfolio companies | Provider of blockchain investment services
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
alicrowdfund.vdtrxn
1 portfolio companies |
Deesup
Online marketplace of second-hand home improvement items
$1.62M Series A
AU21 Capital
66 portfolio companies | Venture capital firm investing in blockchain sectors
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
Extrawatts
1 portfolio companies | Supplier of solar powered products
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
cats.vc
4 portfolio companies | Venture capital fund focused on tech startups
Macai
Online platform offering multi-category grocery supplies
$3.00M Seed

7. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
New Investors (2/2)
List of New Investors in Italy Tech in November 2021
Italy Tech: List of New Investors
7
Investor Company Info Round Amount Round Name
LifeGate
1 portfolio companies | Online platform providing news on environment
sustainability
Deesup
Online marketplace of second-hand home improvement items
$1.62M Series A
Born This Way Foundation
1 portfolio companies | Home - Born This Way Foundation
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
doorwayplatform.com
2 portfolio companies |
Deesup
Online marketplace of second-hand home improvement items
$1.62M Series A
Lumen Ventures
1 portfolio companies | Early-stage VC firm
Macai
Online platform offering multi-category grocery supplies
$3.00M Seed
Barclays
187 portfolio companies | Diversified financial services firm
Energy Dome
Provider of CO2-based energy storage solutions
$11.00M Series A
Insignius Capital
3 portfolio companies | Fund of funds focused on multiple sectors
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
Third Derivative
1 portfolio companies | Venture capital and accelerator focused on climate tech
sectors
Energy Dome
Provider of CO2-based energy storage solutions
$11.00M Series A
Matrix Partners India
237 portfolio companies | India focused early-stage VC firm
CoreStarter
Multi-chain IDO platform with NFT marketplace
$1.32M Seed
Plug and Play Tech Center
632 portfolio companies | Sector agnostic startup accelerator
Macai
Online platform offering multi-category grocery supplies
$3.00M Seed
novumcapitalpartners.com
1 portfolio companies | Home :: Novum
Energy Dome
Provider of CO2-based energy storage solutions
$11.00M Series A

8. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies 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.
8
Rank Business Model $ Funding # Rounds Top Funding Round
1 -- Internet First Point of Sale Financing $204M 2 Scalapay | $155M | Series A
2 -- E-Commerce Checkout Solutions $204M 2 Scalapay | $155M | Series A
3 -- iBuying Platforms $59.6M 1 Casavo | $59.6M | Series C
4 ▲16 Headless CMS $16.0M 1 Commerce Layer | $16.0M | Series B
5 ▲16 E-Commerce Website Optimization Solutions $16.0M 1 Commerce Layer | $16.0M | Series B
6 -- Bone Regenerative medicine $11.9M 1 GreenBone | $11.9M | Series B
7 -- Agriculture Crowdfunding $11.7M 1 Treedom | $11.7M | Series A
8 -- Carbon Offset Trading $11.7M 1 Treedom | $11.7M | Series A
9 -- Surgical Navigation Systems $10.0M 1 Endostart | $10.0M | Series B
10 ▼-7 Diabetes Drugs $8.5M 1 Enthera | $8.5M | Series A

9. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
New Analyst Picks
Interesting Companies identified by Analysts in Italy Tech in November 2021
Italy Tech: Analyst Picks
9
Upgraded to MINICORN
Energy Dome (2019, Lonate Pozzolo, $11.0M, Series
A)
Provider of CO2-based energy storage solutions
Third Derivative, Barclays, and 2 other Investors
Added to Editor's Pick
Macai (2021, Milan, $3.0M, Seed)
Online platform offering multi-category grocery
supplies
cats.vc,Lumen Ventures,Plug and Play Tech Centerand
Added to Editor's Pick
Sibill (2021, Agropoli, $573K, Seed)
Payment reconciliation and link-based payment
solutions
Matteo Cera, Raffaele Mauro, Federico Sargenti and 1
other Investors
Added to Editor's Pick
Smartpricing (2020, Rovereto, Unfunded)
Provider of web-based pricing management and
optimization solutions

10. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
IPO Date Company IPO Mcap Exchange Ticker
05 Nov 2021
MotorK (2010, London, $25.9M)
Digital marketing solutions for automotive industry
$0.3B AMS:MTRK
IPOs
List of IPOs in Italy Tech in November 2021
Italy Tech: IPOs
10

11. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Acquisitions
List of Acquisitions in Italy Tech in November 2021
Italy Tech: Acquisitions
11
Acq. Date Company Acquirer Deal Size
10 Nov 2021
Sofia(2017, Milan)
Provider of access control solution for smart buildings
Iseo
11 Nov 2021
Capecod Gaming(1987, Ravenna)
Provider of casino slot games for the casino businesses
Greentube
12 Nov 2021
CrestOptics(2010, Rome)
Manufacturer of microscopy devices for multiple diagnostic
applications
Apposite Capitalo
16 Nov 2021
Patch(2019, Trento, $3.1M)
Provider of software solution for clinical trial management
Alira Health
17 Nov 2021
Epsilen Bio(2019, Milano)
Provider of transformative therapies based on epigenetic silencing
of genes technology
Chroma Medicine
30 Nov 2021
Armonica(2018, Verona)
Provider of cloud-based retail planning solution
Centric Software

12. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Recent News (1/2)
Recent News in Italy Tech in November 2021
Italy Tech:News
12
Exit News
.
● Italian Firm Acquires Swiftqueue Technologies Business Plus
.
● Alira Health Acquires Digital Health Engagement Platform Patchai HIT Consultant
.
● CrestOptics Acquired by Apposite Capital LLP to Enable Rapid Commercial
Growth and Innovation in Bioimaging Business Wire
.
● Epsilen Bio announces acquisition by Chroma Medicine forming transatlantic
pioneer in epigenetic editing Sofinnova Partners
.
People News
.
● Valentino names new CEO for Southeast Asia, Australia retailnews.asia

13. Italy Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Explore more on Tracxn
Explore more about Italy Tech on Tracxn Platform
Italy Tech: Explore more on Tracxn Platform
13
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 Scalapay
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

14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the
information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the
Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any
other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations
or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information.
For further information please refer to our Terms of Use at www.tracxn.com