In the first six months of 2025, 454 million invested in Italian startups: the main operations

As of June 2025, 57.53 million have been invested in startups, in 16 capital increases. In June 2024, they had been 45.57, for 14 capital increases ( HERE a summary). Among the operations of this month, the 25 million of Jet hr, the 12 million raised by Sibill, the 5.1 of Photonpath stand out.

The total invested in the first six months of the year – according to the calculation by Italian Tech – is equal to 454.78 million. In the same period of time, 376 million were invested in 2024, 506.36 in 2023. To these must be added the equity crowdfunding campaigns, which raised a monthly total of 1.6 million, for a total raised in the first six months of the year equal to 20.27 million.

60 million in innovative projects, Zanichelli launches Znext

Zanichelli Editore has launched Znext , a new entrepreneurial project with an investment of 60 million euros and which aims to support the growth of excellent technological companies, committed to the development of innovative solutions in the sectors: edtech, future of work, long-term learning and wellbeing technology.

Quantum ai, also Cdp vc in the 189 million round of Multiverse Computing

Multiverse computing , a company developing compression technology that can reduce the size of large language models by up to 95%, has raised a €189 million ($215 million) investment round. Investors include Cdp venture capital.

Biotech, Angelini Ventures in Elkedonia Round

Angelini ventures has participated in a €11.25 million seed round of financing for Elkedonia, a Franco-Belgian biotechnology company that is developing an innovative neuroplastogen for the treatment of drug-resistant depression and other neuropsychiatric disorders.

Fusion Energy, German Proxima Fusion Raises 130 Million

Also Investors Club in the 130 million funding round of Proxima Fusion, a Munich-based startup that deals with the development of solutions for fusion energy, co-founded and led by the Italian Francesco Sciortino and Lucio Milanese.

Human resources, Jet hr raises 25 million

Jet hr, the startup founded by Marco Ogliengo and Francesco Scalambrino that has developed a platform to facilitate the management of human resources and payroll in companies, has closed a round of 25 million. Lead investor of the operation is the American VC fund Base10. More info HERE .

Fintech, 12 million for Sibill

Sibill, a fintech based in Milan and specialized in financial and administrative management solutions for SMEs, has closed a Series A round of 12 million euros. The investment was led by the European venture capital fund Creandum, with the participation of Keen venture Partners and several Italian and international business angels. Also HERE .

Photonpath closes a 5.1 million round

Founded in 2019 as a spin-off of the Politecnico di Milano and grown within Polihub, Photonpath, a company active in integrated photonics, has raised 5.1 million euros in a Series A round led by Join Capital, Deep Ocean Capital and Levante Capital. Also inside Roboit, the Tech transfer hub of the Cdp vc fund, 360 Capital and Brembo ventures. All the details HERE .

Other investments

3.2 million for Nova

3 million for Lionhealth

1.8 million for Fixxy

1.7 million for AI4IV secures

1 million for Tuduu

1 million for Colossus digital

800 thousand euros for Flofleet

600 thousand euros for Loto biotech

600 thousand euros for Prefe

500 thousand euros for Wibo

500 thousand euros for Perpethua

500 thousand euros for Vivaio ventures

180 thousand euros for Mangofit

Equity crowdfunding

These innovative startups and SMEs have closed their equity crowdfunding campaigns:

Sunspeker (652 thousand euros on Crowdfundme )

Friland (362 thousand euros on Mamacrowd )

Uncomfortable (647 thousand euros on Mamacrowd )

To not lose the thread. HERE the news of the last month