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1. TRACXN MONTHLY REPORT
JUNE 2021
ITALY TECH

2. Italy Tech - June 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 7
Top Funded Business Models - last 1 year 8
New Analyst Picks 9
Acquisitions 12
Recent News 13

3. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech Snapshot – June 2021
Italy Tech: Snapshot – June 2021
Note : "Investors" refers to "Institutional Investors" only
3
$21.5M
5
Overall Geo Stats
5
2
13
24
11
Funding Rounds $ Invested Analyst Picks
Young Platform
Upgraded to
MINICORN
New Investors
Tikehau Capital
Adara
Series A+ rounds Active Investors IPOs Acquisitions
B Natural#@
InnovaItalia#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Milan
(2 Rounds, $2.9M)
Certaldo
(1 Rounds, $10M)
Ancona
(1 Rounds, $10M)
Capannori
(1 Rounds, $10M)
$10M - Series B
Endostart (2018, Certaldo, $11.1M)
$4.4M - Series A
Cyber ​​Guru (2017, Rome, $4.4M)
$4.2M - Series A
Young Platform (2018, Turin, $6.5M)
$2.9M - Seed
4books (2017, Milan, $2.9M)
P101
(2 Investments)
Sofinnova Partners
(2 Investments)
Global Payments
(2 Investments)
Investindustrial
(1 Investments)
Surgical Instruments
Endostart
Cybersecurity
Cyber ​​Guru
Cryptocurrencies
Young Platform
Book Tech
4books
Market Size
Companies Covered 7,571
Funded Companies 1,507
Total Funding $4.9B
Funding in last 12 months $676M
Top Exits
IPOs 42
Acquisitions 258
Company Stage
Unicorns -
Soonicorns 13
Minicorns 70
Editor Picks 507
Series A+ 230
Series C+ 73
Acqui-Hires 2
Deadpooled 549
Top Cities
Milan (253 Rounds, $1.5B)
Rome (154 Rounds, $219M)
Top Investors
LVenture Group (54 Investments)
Club Italia Investimenti 2 (41
Investments)

4. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Italy Tech as of June 2021
Italy Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (June 2021)*
Endostart
(2018, Certaldo, $11.1M)
$10.0M - Series B LIFTT
Cyber ​​Guru
(2017, Rome, $4.4M)
$4.4M - Series A P101
Young Platform
(2018, Turin, $6.5M)
$4.2M - Series A United Ventures
4books
(2017, Milan, $2.9M)
$2.9M - Seed P101
*Shows only the lead Investors

5. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (1/2)
List of Funding Rounds in Italy Tech in June 2021
Italy Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
PE
Diatech Pharmacogenetics (1994, Ancona)
Provider of pharmacogenomic tests
Alto Partners
EARLY STAGE
$4.2M - Series A
Young Platform (2018, Turin, $6.5M)
Exchange platform for cryptocurrencies
United Ventures, Luca Ascani, Pietro Invernizzi, Max
Ciociola
EARLY STAGE
$4.4M - Series A
Cyber ​​Guru (2017, Rome, $4.4M)
Cybersecurity awareness training platform
P101, Adara
EARLY STAGE
$10.0M - Series B
Endostart (2018, Certaldo, $11.1M)
Developer of a guiding system for colonoscopy
LIFTT, Progress Tech Transfer, EUREKA! Venture, HTH
EARLY STAGE
Series A
Ecopol (2009, Capannori, $655.8K)
Manufacturer of biodegradable and hydrosoluble
polymers
Tikehau Capital
SEED STAGE
$2.9M - Seed
4books (2017, Milan, $2.9M)
SaaS and app-based platform offering book summaries
StartupItalia, P101
SEED STAGE
Seed
Flywallet (2018, Rieti)
Provider of cloud-based wearable devices for
contactless payments
Global Payments
SEED STAGE
Seed
Borea Therapeutics (2020, Milan)
Developer of gene therapies for rare genetic disorders
Sofinnova Partners
SEED STAGE
Seed
Flywallet Pay (2017, Romana)
Wearable payment device for consumers
Global Payments

6. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (2/2)
List of Funding Rounds in Italy Tech in June 2021
Italy Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
6
SEED STAGE
Seed
Alia Therapeutics (2018, Trento)
Developer of gene therapies to cure rare genetic
disorders
Sofinnova Partners
SEED STAGE
Seed
Targa Telematics (2015, Treviso)
Fleet management & B2B telematics solutions
Investindustrial

7. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors
List of New Investors in Italy Tech in June 2021
Italy Tech: List of New Investors
7
Investor Company Info Round Amount Round Name
Tikehau Capital
40 portfolio companies | Investment firm investing in private debt
Ecopol
Manufacturer of biodegradable and hydrosoluble polymers
Undisclosed Series A
Adara
4 portfolio companies | Venture capital firm investing in tech startups
Cyber ​​Guru
Cybersecurity awareness training platform
$4.38M Series A
StartupItalia
1 portfolio companies | Italian portal for startup news, events and information
4books
SaaS and app-based platform offering book summaries
$2.92M Seed
Progress Tech Transfer
2 portfolio companies | Venture capital fund focused on tech startups
Endostart
Developer of a guiding system for colonoscopy
$10.00M Series B
HTH
1 portfolio companies | Venture capital firm investing in health tech startups
Endostart
Developer of a guiding system for colonoscopy
$10.00M Series B

8. Italy Tech - June 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.
8
Rank Business Model $ Funding # Rounds Top Funding Round
1 -- Digital Wallets $81.3M 2 Satispay | $80.7M | Series C
2 ▲1 iBuying Platforms $59.6M 1 Casavo | $59.6M | Series C
3 -- Internet First Business Loans $54.7M 1 AideXa | $54.7M | Seed
4 -- Internet First Point of Sale Financing $48.5M 1 Scalapay | $48.5M | Seed
5 -- Horizontal E-Commerce > Product Aggregator $48.5M 1 Scalapay | $48.5M | Seed
6 -- Application Development Services $44.0M 1 Gorilla Tech.. | $44.0M | Series A
7 -- Diabetes Drugs $41.3M 2 Enthera | $32.8M | Series A
8 -- Autoimmune Disorders Drugs $41.3M 2 Enthera | $32.8M | Series A
9 -- Inflammatory Bowel Disorder Drugs $41.3M 2 Enthera | $32.8M | Series A
10 -- Valvular Disorder Treatment Devices $23.7M 1 Innovheart | $23.7M | Series B

9. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (1/3)
Interesting Companies identified by Analysts in Italy Tech in June 2021
Italy Tech: Analyst Picks
9
Upgraded to MINICORN
Young Platform (2018, Turin, $863K, Seed)
Exchange platform for cryptocurrencies
Build It Up, United Ventures, Max Ciociola and 3 other
Investors
Upgraded to MINICORN
Cyber ​​Guru (2017, Rome, $4.4M, Series A)
Cybersecurity awareness training platform
P101,Adara,PoliHuband
Added to Editor's Pick
Targa Telematics (2015, Treviso, Undisclosed, Seed)
Fleet management & B2B telematics solutions
Investindustrialand
Added to Editor's Pick
EasyPol (2018, Rome, $609K, Seed)
App-based payment solutions
CDP Venture Capital,Fondazione CR Firenze,Nana
Biancaand
Added to Editor's Pick
RoomMate (2017, Bologna, $553K, Seed)
Management app for roommates
Nana Bianca,Almacube,and
Added to Editor's Pick
SupRemo (2013, Ascoli Piceno, Unfunded)
Cloud based remote desktop solutions provider
Added to Editor's Pick
AWorld (2018, Turin, Unfunded)
Online platform for carbon footprint awareness
CDP Venture Capitaland
Added to Editor's Pick
Vox Group (2001, Rome, Unfunded)
Provider of digital tour guide system for the tourism
company
Added to Editor's Pick
Endostart (2018, Certaldo, $1.1M, Seed)
Developer of a guiding system for colonoscopy
EUREKA! Venture, Panakes Partners, HTH and 4 other
Investors
Added to Editor's Pick
TuneApp (2018, Ancona, Unfunded)
Provider of AI-based solutions for mental health

10. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (2/3)
Interesting Companies identified by Analysts in Italy Tech in June 2021
Italy Tech: Analyst Picks
10
Added to Editor's Pick
Diatech Pharmacogenetics (1994, Ancona,
Undisclosed, PE)
Provider of pharmacogenomic tests
Alto Partnersand
Added to Editor's Pick
Flywallet Pay (2017, Romana, Undisclosed, Seed)
Wearable payment device for consumers
Global Paymentsand
Added to Editor's Pick
SardexPay (2009, Unfunded)
Digital bank for businesses
CDP Venture Capitaland
Added to Editor's Pick
Ermes (2017, Turin, Unfunded)
AI based secure browsing solutions provider
BGI,Cariplo Factoryand
Added to Editor's Pick
Doctorium (2016, Catanzaro, $525K, Seed)
Online teleconsultation platform for patients and
professionals
CDP Venture Capitaland
Added to Editor's Pick
Walliance (2019, Trento, Unfunded)
Fractional investment for real estate
Added to Editor's Pick
Fringe Benefits (2020, Milan, Unfunded)
Online multi-brand voucher for employees
Added to Editor's Pick
Flywallet (2018, Rieti, Undisclosed, Seed)
Provider of cloud-based wearable devices for
contactless payments
Global Paymentsand
Added to Editor's Pick
Premoneo (2016, Milano, Unfunded)
Cloud based predictive marketing analytics software
solution provider
LVenture Groupand
Added to Editor's Pick
Unreadit (2019, Milano, Unfunded)
Online platform offering a weekly newsletter
Added to Editor's Pick
Zucchetti (2020, Milano, Unfunded)
Provider of gift card based loyalty platform
Added to Editor's Pick
Testpaternita (2008, Rome, Unfunded)
Provider of genetic testing kits for individuals

11. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (3/3)
Interesting Companies identified by Analysts in Italy Tech in June 2021
Italy Tech: Analyst Picks
11
Added to Editor's Pick
Ufo Eco Bike (2020, Milan, Unfunded)
Developer of multi-category electric vehicles
Added to Editor's Pick
Mrs.Sporty Anywhere (2020, Milan, Unfunded)
Provider of personalized expert-led fitness programs

12. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions
List of Acquisitions in Italy Tech in June 2021
Italy Tech: Acquisitions
12
Acq. Date Company Acquirer Deal Size
01 Jun 2021
B Natural(2010, Corbetta)
Producer of natural raw materials for nutraceutical use using bee
propolis and herbal extracts
Fytexia
10 Jun 2021
InnovaItalia(2010, Pesaro)
Provider of computer-aided design based 3D modelling software
Compusoft

13. Italy Tech - June 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Italy Tech in June 2021
Italy Tech:News
13
Exit News
.
● Generali to launch €1.17bn buyout offer for rival Cattolica Life Insurance International
.
● Generali Buys Axa's Insurance Biz In My, No Imminent Leadership Changes
MARKETING-INTERACTIVE
.
● HSBC Set to Announce Sale of French Retail Unit to Cerberus BloombergQuint
.
● Canapar Corp. Receives Shareholder Approval for Business Combination With
RAMM Pharma GlobeNewswire
.
● Italian Insurer Cattolica Delays €200M Cash Call due to Generali’s Recent
Takeover Offer Insurance Journal
.
● Grundfos and De Nora announce sale of ISIA Trade Arabia
.
● Generali Completes Purchase of AXA’s Greek Units, Forms Bancassurance
Agreement Insurance Journal
.
● Generali should launch its offer for Cattolica at the end of September-
beginning of October AGEFI
.
People News
.

14. Italy Tech - June 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
14
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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