Startupbusiness Review 3 March 2025

Nuclear fusion, defence-tech, VC in Italy, Milano Design Week for business, expanding to Austria
Startupbusiness-Review
Emil-Abirascid
Dear Reader,
this issue of Startupbusiness Review opens with the nuclear fusion project by Proxima Fusion that is now open source, then the two interviews with Giuseppe Lacerenza of Keen Venture about defence-tech and with Andrea Di Camillo of P101 about the state of Italian VC. We write about AI and sustainability, we publish a comprensive article about the new Italian law on startups, latest investments and rounds, and news from startups, scaleups, venture builders. We publish two opportunities supported by Startupbusiness: one from Austrian Business Agency, the Austrian government agency supporting international companies to expand in the country and one from Designtech, the Startupbusiness' parent company, about a special program for companies and professionals during the Milano Design Week 2025, check both them out. Enjoy reading and may the Force be with you. 

Top stories

Scaleup

Proxima Fusion, the Stellaris project, nuclear fusion is open source

The scaleup led by Francesco Sciortino makes public its plans for a commercial nuclear fusion power plant
fusione nucleare
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Interviews

Lacerenza, innovation in defence-tech and the dual-use concept

The partner of the nascent defence technology investment fund Keen Venture analyses the scenario and opportunities
innovazione difesa
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Interviews

Andrea Di Camillo, the VC industry is now there, we need to grow with global vision

P101 presents the State of Italian VC report and its founder takes stock of the dynamics and importance of investing in innovation
venture capital italia
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Must Read

Food safety, HACCP automation and SaaS innovation

Food safety protocol can become an opportunity for start-ups and a stimulus for process improvement
Report

Generative artificial intelligence and environmental impact

Energy and water for cooling data centres, the effects of AI in terms of impact and resource consumption
Events, Must Read

Design Momentum, second edition of the Designtech programme

The acceleration programme for start-ups, scaleups and SMEs in design and fashion is supported by the Lombardy Regional government

Investments

Funding News

Ten million euro for Arsenale Bioyards’ bio-manufacturing operation

Scaleup develops a bio-based industrial alternative to petrochemicals and animal-derived products
bio-manifattura
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Funding News

First closing at EUR 7.3 mln for Approxima’s Series A

The medtech startup is backed by ENEA Tech and biomedical, Panakès Partners, Club degli Investitori and other business angels
salute cuore
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Funding News

Mopso raises EUR 1 million for its anti-money laundering solutions

The regtech start-up receives funding from Apside, CDP and the Moltiply Group’s Instruction Centre and aims at internationalisation
Funding News

EUR 2.65 million round for Focoos AI

The Politecnico di Torino spin-off start-up is financed by CDP, Finpiemonte, VC Partners, Vertis, Vento and Exor
Funding News

Panakes Partners participates in E2’s $42m round

US scaleup is developing innovative clot removal solutions for venous thromboembolism
Funding News

ExoLab Italia completes €5m Series A round

Biotech start-up innovating in exosome-based applications receives capital from several investment funds
Funding News

EUR 4 million round for TimeFlow looking at internationalisation

The start-up receives funding from Vertis, Azimut, CDP VC and is supported by Growth Capital having participated in the A-Road programme

Vc voice

Vc Voice

FoolFarm, EUR 3.7 million capital increase and developments in the US

Venture builder brings Italian start-ups to the US market, creates a hub in Miami and lays the foundations for a US fund
foolfarm usa
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Italian Startups

Here are the six projects funded by ESA Spark Funding with ASI and STAM

The programme has a total of EUR 1.25 million and aims to support technology transfer between space and non-space sectors

Start-ups and scale-ups

Scaleup

MDotM signs partnership with Noonum for AI in fintech

The Italian scaleup that developed the Sphere platform will integrate technologies developed by the Seattle-based company
fintech intelligenza artificiale
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Legal

Regulation and artificial intelligence, the future of the regulatory process

Start-up Aptus.AI publishes a manifesto advocating the importance of making the regulatory process machine-readable

Startup kit

Legal

All regulatory news for innovative start-ups and SMEs

The start-up legislation in its most recent evolution provides new incentives but also new rigidities, here is all you need to know
startup normativa
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Events

Events

Milan Design Week, the Designtech programme for companies from all over the world

Designtech has developed a specific programme for companies and professionals wishing to make the most of opportunities
designtech milano design week
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Events

Austria, a destination for international business development

Event organised by Austrian Business Agency, BIP with testimonials from Reinova and Accessway takes place in Milan on 2 April
austria aziende
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Events

Venice Boat Show, focus on technology and sustainability

The event takes place at the Arsenale and focuses on innovation, hybrid propulsion, design also in view of the Osaka Expo
salone nautico venezia
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