Middleby Acquires Escher Mixers
Middleby Corporation (NASDAQ: MIDD), an Elgin, IL-based foodservice industry company, acquired Escher Mixers, a Vicenza, Italy-based provider of spiral and planetary mixers.
Italy
Sofinnova Partners Appoints Mats Eklund as Partner and Chief Operating Officer
Sofinnova Partners, a life sciences venture capital firm based in Paris, London, and Milan, appointed Mats Eklund as Partner and Chief Operating Officer, effective immediately.
Angelini Industries Launches Angelini Ventures With EUR 300M
Angelini Industries, a Rome, Italy-based multi-sector Italian industrial group, announced the launch of Angelini Ventures, a corporate venture capital initiative, with a €300M capital commitment.
Faire.ai Raises $3M in Seed Funding
Faire.ai, a Milan, Italy-based credit automation company, raised $3M in Seed funding.
Accenture Closes Purchase of Stellantis’ World Class Manufacturing Training & Consulting Business
Accenture (NYSE: ACN) has completed the acquisition of Stellantis’ World Class Manufacturing Training & Consulting business, a center of excellence that supports process optimization in manufacturing and the supply chain.
Sibylla Biotech Raises €23M in Series A Funding
Sibylla Biotech, a Verona, Italy-based biotechnology company, raised €23M in Series A funding.
Globant Acquires Sysdata
Globant (NYSE: GLOB), a San Francisco, CA-based digitally native company, acquired Sysdata, a Bologna, Italy-based business and technology consultancy company.
Bending Spoons Raises Over $340M in Funding
Bending Spoons, a Milan, Italy-based provider of a tech-development and marketing of smartphone apps, raised over $340M in funding.
Satispay Raises €320M in Series D Funding; Valued at Approx. €1 Billion
Satispay, a Milan, Italy-based mobile payment company, raised €320m in Series D funding, at a valuation of approx. €1 billion.
Armut and ProntoPro Merge and Raise €15M in Funding
Istanbul, Turkey-based Armut and Milan, Italy-based ProntoPro, two local services marketplaces, merged and raised €15m in funding.
Events.com Acquires Evensi
Events.com acquired Evensi, a San Francisco and Modena, Italy-based advanced platform for discovering events, powered by artificial intelligence (AI) and machine learning.
xFarm Technologies Raises €17M in Series B Funding
xFarm Technologies, a Milan, Italy-based agtech company, raised €17m in Series B funding.
SAP Acquires Askdata
SAP SE (NYSE: SAP) acquired Askdata, a Rome, Italy-based startup focused on search-driven analytics.
Ambienta Closes Private Equity Fund Focused on Environmental Champions, at €1.44 Billion
Ambienta SGR SpA, a Pan European asset manager entirely focused on environmental sustainability, announce the final close of its fourth Private Equity fund, at €1.55 Billion.
Do You Need Italian Citizenship To Begin Your Business In Italy?
Setting up or expanding a business in a foreign country is a milestone for entrepreneurs. And if the country is as beautiful and flourishing as Italy, stepping into its market becomes more admirable.