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1. TRACXN MONTHLY REPORT
MARCH 2022
ITALY TECH

2. Italy Tech - March 2022 Copyright © 2022, 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 7
Acquisitions 8
Recent News 9

3. Italy Tech - March 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Italy Tech Snapshot – March 2022
Italy Tech: Snapshot – March 2022
Note : "Investors" refers to "Institutional Investors" only
3
$44.8M
2
Overall Geo Stats
7
5
13
14
3
Funding Rounds $ Invested Analyst Picks
Innovheart!@#
New Investors
2invest
OneDay
Series A+ rounds Active Investors IPOs Acquisitions
RGI
Energica Motor
Company
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Milan
(1 Rounds, $24.5M)
Santambrogio Di
Torino
(1 Rounds, $20.3M)
Milano
(1 Rounds, $20.3M)
$24.5M - Series C
Everli (2014, Milan, $155M)
$20.3M - Series B
Kither biotech (2010, Santambrogio Di
Torino, $26.6M)
- Seed
Chef in Camicia (2015, Milano, )
Italian Angels for Growth
(1 Investments)
Club degli Investitori
(1 Investments)
Ersel
(1 Investments)
OneDay
(1 Investments)
Online Grocery
Everli
Immunology
Kither biotech
Pulmonology
Market Size
Companies Covered 9,704
Funded Companies 1,521
Total Funding $4.8B
Funding in last 12 months $1.4B
Top Exits
IPOs 26
Acquisitions 249
Company Stage
Unicorns 1
Soonicorns 14
Minicorns 67
Editor Picks 564
Series A+ 203
Series C+ 52
Acqui-Hires 3
Deadpooled 583
Top Cities
Milan (263 Rounds, $2.3B)
Rome (142 Rounds, $107M)
Top Investors
LVenture Group (55 Investments)
Club Italia Investimenti 2 (40
Investments)

4. Italy Tech - March 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Italy Tech as of March 2022
Italy Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (March 2022)*
Everli
(2014, Milan, $156M)
$24.5M - Series C United Ventures
Kither biotech
(2010, Santambrogio Di Torino,
$26.6M)
$20.3M - Series B Claris Ventures
*Shows only the lead Investors

5. Italy Tech - March 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
List of Funding Rounds
List of Funding Rounds in Italy Tech in March 2022
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
$24.5M - Series C
Everli (2014, Milan, $155.5M)
Online marketplace offering groceries
United Ventures
EARLY STAGE
$20.3M - Series B
Kither biotech (2010, Santambrogio Di Torino,
$26.6M)
Developer of treatments for rare pulmonary diseases
Claris Ventures, 2invest, Club degli Investitori, 3B
Future Health Fund, Ersel, and 4 more
SEED STAGE
Seed
Chef in Camicia (2015, Milano)
Online platform for recipe discovery
OneDay, MEGA Holding,

6. Italy Tech - March 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Investors
List of New Investors in Italy Tech in March 2022
Italy Tech: List of New Investors
6
Investor Company Info Round Amount Round Name
2invest
2 portfolio companies | 2invest
Kither biotech
Developer of treatments for rare pulmonary diseases
$20.29M Series B
OneDay
1 portfolio companies | Provider of management consulting and business
management services
Chef in Camicia
Online platform for recipe discovery
Undisclosed Seed
eagle-cv.com
1 portfolio companies | Home | Eagle Capital Ventures
Chef in Camicia
Online platform for recipe discovery
Undisclosed Seed
MEGA Holding
1 portfolio companies | VC and PE fund focused on startups, small and medium-
sized businesses
Chef in Camicia
Online platform for recipe discovery
Undisclosed Seed
aceventures.com
1 portfolio companies | Home - Ace Ventures
Kither biotech
Developer of treatments for rare pulmonary diseases
$20.29M Series B
Alef 6
1 portfolio companies | Venture capital firm focused on multiple sectors
Kither biotech
Developer of treatments for rare pulmonary diseases
$20.29M Series B
Claris Ventures
2 portfolio companies | Venture capital fund focused on biotech startups
Kither biotech
Developer of treatments for rare pulmonary diseases
$20.29M Series B

7. Italy Tech - March 2022 Copyright © 2022, 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.
7
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲3 Internet First Point of Sale Financing $654M 2 Scalapay | $499M | Series B
2 ▲3 E-Commerce Checkout Solutions $654M 2 Scalapay | $499M | Series B
3 -- Shared Rooms Marketplaces $56.5M 1 Dovevivo | $56.5M | Series C
4 ▲7 Valvular Disorder Treatment Devices $55.0M 1 Innovheart | $55.0M | Series C
5 -- Inflammatory Diseases Drugs $20.3M 1 Kither biotech | $20.3M | Series B
6 -- Acute Respiratory Depression Drugs $20.3M 1 Kither biotech | $20.3M | Series B
7 -- Internet First Beauty and Personal Products Brands $17.6M 2 SkinLabo | $10.8M | Series A
8 ▲26 Online Marketplace for Drugs $16.8M 2 1000farmacie | $15.0M | Series A
9 ▲16 Headless CMS $16.0M 1 Commerce Layer | $16.0M | Series B
10 ▲17 E-Commerce Website Optimization Solutions $16.0M 1 Commerce Layer | $16.0M | Series B

8. Italy Tech - March 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Acquisitions
List of Acquisitions in Italy Tech in March 2022
Italy Tech: Acquisitions
8
Acq. Date Company Acquirer Deal Size
11 Mar 2022
RGI(1987, Ivrea)
Insurance Software solutions for Policy Administration
CVC Capital Partners
28 Mar 2022
Energica Motor Company(2010, Modena)
Manufacturer of high-performance electric motorcycles
Ideanomics
29 Mar 2022
LCS Group(1989, Usmate Velate)
Integrated software and hardware solution for logistics
management services
Hy-Tek
31 Mar 2022
Neosurance(2016, Milan, $2.3M)
Enabling micro insurance sales for Insurers
magitaliagroup.com
31 Mar 2022
Mipharm(1998, Milan)
Company offering CDMO services & developing drug delivery
technologies
Alto Partners

9. Italy Tech - March 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Recent News (1/2)
Recent News in Italy Tech in March 2022
Italy Tech:News
9
Exit News
.
● Co-living group DoveVivo acquires Altido Property Week
.
● Corsair to sell RGI to CVC PE Hub
.
● Trace One and Selerant join forces to shape the future of Consumer-Packaged
Goods PR Newswire
.
● Ideanomics Secures Threshold in Energica Motor Company SpA Voluntary
Tender Offer ICrowdNewswire
.
● Italy Green Hydrogen Specialist Industrie De Nora Eyes 2022 IPO
fuelcellsworks.com
.
● Hy-Tek Holdings acquires supply chain execution vendor FASCOR and
integrator LCS msdynamicsworld.com
.
● SARI entered into an agreement to acquire the 90% interests in Group NMS
Nerviano Medical Sciences
.
People News
.
● David Wilson Appointed CEO of InnovHeart Medical Device News Magazine
.

10. Italy Tech - March 2022 Copyright © 2022, 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
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 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

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