Milan-based venture builder FoolFarm Spa has secured €2.55 million and aims to reach a total of €9.2 million by year-end. It plans to support around 20 AI startups.

Milan-based insurtech Wopta Assicurazioni has raised €4.1 million in Series A funding to expand its product range. The investors participating in the round include Asset Plus Srl, Confederazione Nazionale Artigiani, and Key Capital.

Italian startup Avaneidi has secured €8 million in Series A funding round led by United Ventures.

Milan-Based VC Italian Founders Fund has raised €50 million to back Italian seed and pre-seed startups, aiming to support Italy's next generation of talent and digital innovation.

Italian SaaS startup Zefi.ai has secured €1.6 million, led by 360 Capital and 14Peaks Capital. The fresh capital will help Zefi.ai expand its platform around European tech companies.

Milan-based martech startup Glaut has raised $1.4 million in a pre-seed round led by the Italian Founders Fund.

Rovereto-based deeptech startup has raised €2 million from Primo Ventures and 360 Capital. The proceeds will speed up its product's industrialization.

Discover the overview of the 50 most inspiring female market players from Italy contributing to the startup ecosystem development!