Panakès Partners Unveils New €8.5 Million Fund for Lombardy
Milan-based Panakès Partners has launched an €8.5 million investment vehicle to support MedTech and BioTech startups in the Lombardy region.

Milan-based Panakès Partners has launched an €8.5 million investment vehicle to support MedTech and BioTech startups in the Lombardy region.

Italian firm Angelelli Automobili has introduced the Tipo 829, a new supercar concept featuring a 500-hp V6 engine and all-wheel drive, proposed in three distinct configurations.

UK fintech TrueLayer has raised $27 million in a funding round led by Italy's CDP Venture Capital to support its expansion into the Italian market.

The Italian data center sector expects $41.5 billion in investment by 2036, though historical data suggests actual spending may be lower due to grid constraints and execution gaps.

Nevermind has launched with a €23.6 million first close to invest in dual-use deeptech startups, targeting a final fund size of €35 million.

NVM Ventures has launched a €23.6 million fund to invest in dual-use deep-tech startups, with significant backing from Lazio Innova.

Italian regulators are investigating AI music platform Suno over potentially unfair service terms, including unilateral fee changes and restrictive dispute resolution clauses.
Italian Prime Minister Giorgia Meloni has applied to register her voice as a trademark with the EUIPO to combat the rise of AI-generated deepfakes.

Attackers used AI voice cloning and forged documents to trick the Italian bank Fideuram into transferring nearly €95 million to overseas accounts.

WeChat Pay has launched its payment services across the entire Trenord railway network in Italy, becoming the first European public transport provider to support the platform offline.
Italian biotech startup Aptadir Therapeutics has raised $45 million in a seed round to advance its RNA inhibitor technology for treating genetic conditions.

Italy has committed over $5 billion to NASA’s lunar program, securing two spots for its astronauts on future missions to the Moon’s surface.

Italian Finance Minister Giancarlo Giorgetti criticized the ECB’s recent interest rate hike, arguing that monetary tightening fails to address inflation driven by energy supply shocks.

Italian authorities are investigating a government email breach linked to a leak of Revolut customer data.

Italian AI startup JustSolve has raised €3.7 million in a pre-seed round led by Base10 Partners to automate debt collection for e-commerce and utility clients.

Italian insurtech Mama Insurance has raised a new funding round led by Fastweb+Vodafone, bringing its total capital to over €2 million.

Zhero and Tesla have signed a framework agreement for the deployment of 3 GWh of energy storage systems in Italy, valued at approximately €800 million.

Intesa Sanpaolo shareholders have authorized a capital increase to support the €35.4 billion acquisition of Banca Monte dei Paschi di Siena.

Banca d'Italia has ordered crypto service providers to screen transfers for links to sanctioned entities to curb illicit EU financial flows.

The Bank of Italy has mandated that all crypto-asset service providers must screen every transaction against sanctions lists, removing all minimum value thresholds.
