Venture - Series Unknown Funded Startups in Italy
Among the 23 “Venture - Series Unknown” entries shown, the only disclosed round above $50M is Bending Spoons at $340M (2022-09-27), which dwarfs the next-l…
Among the 23 “Venture - Series Unknown” entries shown, the only disclosed round above $50M is Bending Spoons at $340M (2022-09-27), which dwarfs the next-largest disclosed amounts like Casavo’s $47M (2021-11-03) and CY4GATE’s $40M (2021-12-20). Disclosed amounts also show a wide spread: the smallest disclosed round is Stem Sel Srl at $100K (2021-12-24). Most entries cluster in the 2021–2022 window (with older rows back to 2021-03-08, Dovevivo), while the most recent round dates forward to 2025-11-13 (2Watch), with only two disclosed rounds in 2025 (Dog Heroes $6M on 2025-10-08; 2Watch is undisclosed on 2025-11-13). Sector patterns repeat: Commerce and Shopping appears 4 times (e.g., ProntoPro $15M on 2022-09-07; Deliveristo undisclosed on 2022-08-02; Snowit $3M on 2021-12-15; 4Gifters $100K on 2021-12-20), and Financial Services appears 4 times (Credimi $6M on 2022-01-10; Insoore $6M on 2022-04-07; Casavo $47M on 2021-11-03; Dovevivo $36M on 2021-03-08). City-wise, Milan-based companies show up repeatedly (e.g., Dog Heroes, ProntoPro, Deliveristo, Credimi, Credimi, Casavo, Snowit, Dovevivo) alongside a broader spread across Rome, Bologna, and other Italian locations; “undisclosed” amounts appear in 5 of 23 rows.
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Frequently asked
What’s the largest disclosed round in this Italy “Venture - Series Unknown” set, and how does it compare to the rest?
The largest disclosed amount is Bending Spoons at $340M (2022-09-27). The next tier is far below it, with Casavo at $47M (2021-11-03) and CY4GATE at $40M (2021-12-20), making Bending Spoons the clear disclosed outlier in size.
Are there tight temporal clusters, or is the timing spread evenly across years?
The concentration is strongest in 2021–2022: many entries land between 2021-03-08 (Dovevivo) and 2022-10-06 (Axyon AI), while the most recent window extends to 2025-11-13 (2Watch). Only one 2025 row is undisclosed (2Watch) and one is disclosed at $6M (Dog Heroes on 2025-10-08), suggesting recency is thinner than the 2021–2022 cluster.
Which sectors are over-represented among these 23 companies?
Commerce and Shopping and Financial Services each appear 4 times. Examples for Commerce and Shopping include ProntoPro at $15M (2022-09-07) and Snowit at $3M (2021-12-15), while Financial Services includes Casavo at $47M (2021-11-03) and Credimi at $6M (2022-01-10).
Do the largest disclosed amounts tend to come from a single sector or are they spread out?
The biggest disclosed round ($340M by Bending Spoons on 2022-09-27) is in Apps, but the next-largest disclosed amounts are in different categories (e.g., Financial Services with Casavo at $47M on 2021-11-03; Information Technology with CY4GATE at $40M on 2021-12-20). This suggests size isn’t limited to one repeated sector in the disclosed tail.
How often are amounts missing, and does that affect which rounds can be compared for extremes?
“Undisclosed” appears in 5 of 23 rows, including 2Watch (2025-11-13) and PhotonPath (2022-10-19). As a result, comparisons of extremes rely on disclosed amounts only—for instance, the smallest disclosed round is Stem Sel Srl at $100K (2021-12-24), while undisclosed entries could still sit anywhere above or below disclosed bounds.
Is there a geographic concentration, particularly around Milan, or is location evenly distributed?
Milan shows repeated representation across multiple years and different companies, including Dog Heroes (2025-10-08), ProntoPro (2022-09-07), Deliveristo (2022-08-02, undisclosed), Credimi (2022-01-10), Casavo (2021-11-03), Snowit (2021-12-15), and Dovevivo (2021-03-08). Other locations like Rome (e.g., Yeastime 2025-09-08 $1M; Insoore 2022-04-07 $6M) appear as secondary nodes rather than matching Milan’s repeated footprint in this list.
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