The quarterly report by the Italian Venture Capital Observatory shows that investments in start-ups have not grown as expected.
The scaleup and the company that manages digital infrastructure launch a service that integrates distributed cloud and data centres in various Italian cities.
Balderton, Supernova, Lakestar with 33N, United Ventures and Partech, which had participated in the previous round, are participating in the investment.
The start-up is funded by the Investors' Club, Growth Engine, Sensible Capital, CDP Venture Capital and business angels.
The Advanced Market Commitment, which brings together thousands of companies including big tech firms, chooses the Italian start-up.
The scaleup develops a digital platform that allows companies to provide benefits to employees in a participatory manner.
The company is a spin-off of the University of Milan and has technology for the treatment and recovery of wastewater.
The foodtech start-up began fundraising in November 2023 and has now reached a total of €18.5 million.
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