The impact of SVB crisis in Italy, Cube Labs, ALICrowd III, Scalapay - March 14, 2023

Subscribe to the channel for weekly updates.  Niccolò's newsletter: http://dealflowit.niccolosanarico.com/  Listen to all episodes on audio: Spotify: https://spoti.fi/3fVynsQ Google Podcast: https://bit.ly/3thf9RC Apple Podcast: https://apple.co/3Elhykq  #venturecapital #italy #startup  -   Newronica, a neural devices startup, received a €2.5m grant from EIC.  Billoo, a price comparison service for utilities, raised €1m from business angels.  Not exactly a new fund in Italy, but UK-based Exceptional Ventures (founded by Paolo Pio) 🇮will be hosting a couple of events on the 15th and 16th in Turin and Milan to present their fund and look for startups in the health and wellness sector.  Azimut is raising its third ALICrowd fund, with a target of €40m, on its very own crowdfunding platform (Mamacrowd). ALICrowd II raised +€31m exactly one year ago.  dPixel, a venture advisor and accelerator, announced AG 4 Future Food Accelerator.  Scalapay acquired Cabel IP for an undisclosed amount.  Credimi will allegedly be acquired by Banca CF+ for €5m, plus an additional €5m earnout.  Cube Labs, a health-tech venture builder, is working on a listing on the Euronext Growth Milan (professional segment) and aiming for a pre-money valuation north of €30m.  Digital Magics and LVenture Group, two big players in the startup acceleration and seed investment market in Italy, are working on a merger.  Nutribees was acquired by SecondChef.  CDP VC takes stock of its accelerators’ master project In brief:  180 partners  200 startups accelerated so far  18 active programs  €135m mobilized