Arcadia

🚨Arcadia's podcast 23rd episode is out! 🎧 Here we come, in the middle of the summer, at the very end of the first season of Arcadia's podcast, the way we intended to narrate italian VC even for busy professionals!🎙️ For this 23rd and last episode, we tell you about four equity rounds closed across the end of July in #cleantech, #circulareconomy, #deeptech and AI-powered #software sectors.🤷🏻♂️ (the link is below) 👇 We'll also exploit this post to tell you that Arcadia's page will take a short two-week break, so we kindly wish you an alluring summer and remind you that we'll be back on August 26th!! 🏖️ P.S. As you sunbathe, we advise you to give a look at the interesting article called "Building a Startup in a Tough Funding Environment" whose link is in the first comment!!💡

SYRTO® closes a €580k round!👀 Again #AI, again B2B software. It was only a few days ago that the news broke that Syrto.ai is closing a funding round of almost €600k after having convinced a syndicate of investors, including Zest Group, the new startup incubator born in recent months from the union of LVenture Group and Digital Magics. Syrto.ai is already preparing for the next Series A with the momentum given by this round.💰 Born in Turin in 2019 and led by CEO Massimo Fariello, Syrto.ai has created a B2B software that integrates ML, neural networks, and a Knowledge Graph to form a complex, ready-to-use tech stack for making informed managerial and financial decisions. Particularly noteworthy is the possibility for user companies to predict the possible performance of customers, supplier, or other companies of interest.📊 In short, for companies often lacking managerial skills such as SMEs that characterize a large part of our economic fabric, realities like Syrto.ai can play an important and, for Italy, strategic role.🔮 Follow Arcadia to stay updated on #ItalianVC news!

HBI - Fair Sustainable Innovations closes a superb €15mln round!!💰 Italian #cleantech roars back with a massive €15mln funding round closed by South Tyrol-based HBI – Fair Sustainable Innovations. A significant deal that sees, as expected, CDP Venture Capital SGR (through the Green Transition Fund) as the lead investor, along with Finint Investments SGR and other angels.✍🏻 Founded in 2016, HBI was born in Bolzano by Daniele Basso and Renato Pavanetto to play a leading role in developing, demonstrating, and commercialising technologies for the circular economy. In particular, HBI's technology manages to extract high-value sustainable materials from sludge thanks to a special molecular separation technique, which also allows energy to be produced during the process!♻️ The metrics declared by #HBI speak of a 90% reduction in waste to be disposed of, the recovery of up to 85% of the water content present in the #sludge (which helps in times of drought) and a possible increase in biogas production of 40% if digested sludge is treated.📊 Follow Arcadia to discover the evolution of Italian VC!

Ohoskin raises €300k round!🔦 Ohoskin is a startup that produces an alternative textile material to animal skin from orange and prickly pear waste. Its €300k pre-seed round was led by Motor Valley Accelerator, part of CDP Venture Capital SGR's national accelerator network based in Modena, and by CDP Venture Capital itself through its dedicated support resources.✍️ Founded in Catania in 2019 by Stefano Mazzetti and Adriana Santanocito. Ohoskinha patents and produces a fabric coated with 100% Made in Italy orange and prickly pear by-products, using a circular economy process. Its durability makes it ideal for luxury fashion, furniture and automotive brands that want to offer their customers a high-quality, vegan and sustainable alternative to animal leather.💡 The funds raised will help Ohoskin expand its product offering, grow its team and prepare for the launch of its first official seed round in September. 📈. Follow Arcadia to stay updated on Italian VC!

Discover three of the most interesting #Aerospace startups in Italy!🏆 Twelfth week for our "Top Three Italian Startups list" format, in which Arcadia showcases Italian startups that innovate in the fundamental fields of technological development. Today it's the turn of aerospace, so here are three Italian startups to watch in the sector that dominates the skies and space above us so that they are increasingly at our service:👇🏻 We start with OLM - Orbital Launch Means, a Roman startup that provides integrated commercial launch services, such as operations testing and logistics, with cutting-edge means. OLM's goal is to become a European launch operations infrastructure capable of allowing easy and reliable access to orbit in a versatile and independent way. Therefore, the first centrally-located European launch complex based on modern GSE standards, to make Europe "multiplanetary".🚀 From the province of Salerno, Hightek S.r.l. develops natural disaster management technologies based on aerial and satellite data that are useful for organizations to make informed decisions in dealing with emergencies. Easily integrable into any aircraft, Hightek's Q.system avionics system integrates software and hardware to prevent natural tragedies with the utmost accuracy.🛰️ Finally, AdapTronics from Bologna produces electro-adhesive interfaces with feedback on tactile sensing that can be mounted on robots or effectors that, on Earth or in Space, must "grasp objects". Therefore, e.g. satellite docking or maintenance can be made more efficient by the proprietary Electo Active Adhesive Layer (EAAL) technology capable of becoming adhesive on any type of surface!🤖 Follow Arcadia to discover other top three startups!

🚨Arcadia's podcast 22nd episode is out! 🎧 At the end of July, we're at the end credits with our podcast "Arcadia VC News", so why not to enjoy one of the latest episodes of it!🎙️ In 22nd episode, we tell you about three equity rounds closed in #medtech and AI-powered #fintech sectors as well as an emerging Milan-based VC fund coming from institutional investors. 🤷🏻♂️ (the link is below) 👇

illuminem raises €2 million round!🎯 Illuminem is dedicated to helping sustainability solution providers grow. The €2 million round was led by BlackWood, Fortino Capital, Genesis Venture, Sustainable Impact, Eden Ventures, Spin Ventures and Techstars, in addition to prominent climate personalities such as the CEOs/CSOs of Vestas Tikehau Capital, Boston Consulting Group (BCG), Carbonsink, Magaldi and TAQA, and startup founders such as iubenda and Volteris.✍️ Founded in Venice in 2023 by Andrea Gori, Illuminem uses artificial intelligence to constantly crawl the web for valuable content on climate change, with the first Sustainability Sales Navigator to help sustainability solution providers grow and allow them to monitor and compare the ESG performance of public and private companies. 🌱 This funding will allow Illuminem to grow and continue developing the first sales tool for #sustainability, fostering growth in this new sector and positively impacting the planet.📈 Follow Arcadia to stay updated on #ItalianVC!

PhotonPath raises a €1 million round!🔦 PhotonPath, a spinoff of the Politecnico di Milano and alumnus of PoliHub, has closed a €1 million funding round. Supporting the young university startup are Deep Blue Ventures (deep tech fund of Deep Ocean Capital SGR) and Levante Capital BV. The actual funding amounts to €5 million, to be collected by 2024.💰 Founded in 2019 by Emanuele Guglielmi and Douglas Aguiar, PhotonPath specializes in integrated photonics and offers solutions for sensing and communication such as PICs, Photonic Integrated Circuits that use the power of light and photons to bring speed, reliability and efficiency to communication networks, sensing or computing systems. 📞 The funds raised will help PhotonPath further enhance its modular plug-and-play photonic products, expand into new markets and become a leader in integrated photonics.📈 Follow Arcadia to stay updated on Italian VC!

Vortex closes €460k seed round!🚀 Vortex is an Italian startup that seeks to solve the problem of food waste linked to industrial food chain waste. Its 460k seed round was led by industrial partner Andriani, who engaged in healthy food, and some Italian business angels.✍️ Founded in Turin in 2020 by Lorenzo Picco and Simone Piccolo. Vortex is involved in producing and promoting cosmetic products made from apple waste. It has recently expanded its operations to include the recovery, promotion, and B2B marketing of by-products from the food industry.💡 The funding will be used for industrial research activities and the development of raw materials in the food, pet food, and skincare sectors. It will also be allocated for team development and the creation of new beauty products.📈📈 Follow Arcadia to keep up to date with stories like this!

Discover three of the most interesting #EdTech startups in Italy!🏆 Week eleven of our "Top Three Italian Startups" format, in which Arcadia showcases Italian startups that innovate in the fundamental fields of technological development. Today it's the turn of EdTech, so here are three of the most promising Italian startups in the sector that takes care of one of the most precious resources in this world, human capital:👨🏻🏫 We start with FunniFin - Financial Wellbeing, a Florence-based startup that wants to help companies improve the financial well-being of their employees. Through their user-centric platform, they can provide not only the user with personalised coaching sessions and interesting training programs but also the company with AI-powered tools to lighten the administrative work of HR in managing benefits (FunniFin is included among the benefits) and assist users in case of need.🤑 From Rome, Schoolr has implemented a distance learning platform that digitises the entire path of training delivery and recovery learning. In practice, with Schoolr, taking tutoring or reviewing topics that have turned out to be incomprehensible at school or elsewhere becomes easier, faster, more personalized, and more effective. Online tutors, cloud notes, and periodic assessments are just a few of the benefits of using Schoolr.📚 Finally, Wibo from Turin wants to be the training solution that gives company managers the best possible management training thanks to practical lessons, micro-learning, peer sessions held by great executives and founders of historic companies. Through community building, networking, and the exchange of best practices, Wibo intends to provide all companies with the best possible managers!👩🏼💼 Follow Arcadia to discover other top three startups!