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Dear reader, In this issue of Startupbusiness Review, we write about numbers, VC investments in 2025 in Europe, Italy and Africa, why it is important to invest even and especially in times of crisis, and the birth of the Genoa Startup Foundation. We report on the investment rounds that kicked off the new year, including deals worth over €100 million, the Politecnico di Milano and Bocconi University joining forces for business innovation, Italian startups shining at CES in Las Vegas, the new batch of Endeavor Elevator, AI and the food supply chain, a tribute to Gino Nicolais, and much more. Enjoy your reading, may the force be with you.
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Report
Venture capital in Italy: €1.735 billion invested in 2025
The figures presented by Italian Tech Alliance and Growth Capital show that last year was the best ever, second only to 2022
Report
VC in Europe in 2025, €66.2 billion, up 5.1%
Venture capital in Europe in 2025 is driven by more than a third of transactions in AI start-ups, while the raising of new funds suffers
Editorial
The importance of supporting innovation and development in times of crisis
The beginning of 2026 is marked by upheaval in every corner of the planet; a new vision of humanity is needed
Investments
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Funding News
Azimut invests €110 million in D-Orbit with club deal
The transaction involves approximately 1,500 Azimut investors and is carried out through a Luxembourg-based vehicle
Funding News
Osapiens closes Series C round at $100 million
With this deal, the scale-up that develops enterprise software for managing sustainability becomes a unicorn
Vc voice
ecosystem
Milan, Politecnico and Bocconi University join forces for innovation
The two universities entrust Tech Europe Foundation with activities supporting start-ups, namely Polihub and Bocconi for Innovation
Vc Voice
TT2, the €50 million fund dedicated to traveltech start-ups
The investment vehicle has offices in Spain, the Netherlands and Italy and targets traveltech start-ups with business-to-business models
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Startups e scaleups
Italian Startups
GENE.01, the first humanoid robot from Generative Bionics
The CEO of the Italian start-up presented the prototype of his physical AI on stage at CES in Las Vegas alongside the CEO of AMD
ecosystem
Here are the 13 companies in Endeavor Elevator’s 2026 batch
The programme supports start-ups in their growth phase and has helped 47 companies to develop in the five previous editions
Events
Events
CES 2026: humanoid robots, AI agents and deep tech, Italy doing well
Italy sets a record with 51 start-ups, joining influential delegations such as Japan and Taiwan
Events
Agentic AI and the food supply chain: when to start is the most important phase
The applications of artificial intelligence in the food supply chain with pragmatism, results and efficiency
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