Davide Ritorto

🇮🇹 Vs 🇳🇱 - European Innovation Council Last July 15th, the European Innovation Council shared the list of the companies selected for the first 2024 EIC Accelerator cut-off in March. And, together with Nicola, we are happy to highlight the main takeaways of this first cut-off and share who are the Italian and Dutch startups selected. From a total of 969 companies that submitted a full proposal, 347 companies were interviewed by juries of experienced investors and entrepreneurs. Only 68 companies have been selected: 📌 The selected companies will receive an estimated €411 million in funding, of which up to €165 million in grants and an estimated €245 million in equity. 💸 📌 96% will receive the full blended finance option, which is a combination of grants and equity investments. 📈 📌 21% of selected companies are led by women. 🙋‍♀️ Out of the 68 startups selected, 8 are from 🇮🇹 and the 🇳🇱. Specifically, 2 are from 🇮🇹 and 6 are from 🇳🇱. Check them below 👇 🇮🇹 🟢 EYE4NIR 🟢 Diamante Società Benefit Srl 🇳🇱 🟢 Ore Energy 🟢 Nearfield Instruments 🟢 FononTech 🟢 SPHERICAL 🟢 QuiX Quantum 🟢 NoPalm Ingredients 🤩I personally know NoPalm Ingredients. I met and worked with Lars Langhout, Co-Founder and CEO, during a Rockstart program. I am thrilled with their achievements, they are making a significant impact! Big kudos to the team! 👏 🖐️ Do you know any of these startups? Ps. The next cut-off for EIC Accelerator full proposals, as announced in the EIC 2024 work program, is scheduled for October 3rd, 2024. Stay tuned! Source: EIC (Link in the first comment)

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Dal mondo dell'arte arrivano interessanti esempi di segmentazione della domanda attraverso gli NFT e la Blockchain. Interesting examples of demand segmentation through NFT come from the art world: “What I’ve found essential is making the experience as smooth and accessible as possible for collectors, especially since this technology is still so new to many.” EVA ELLER #nft #blockchain #art

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🌟 Inspiring Conversations on Circular Economy & Future Mobility 🌟 Yesterday, I had the incredible opportunity to attend a meeting with Stellantis CEO Carlos Tavares, the head of Lancia Luca Napolitano, the head of Alfa Romeo Jean-Philippe Imparato, and the chief of Alfa Romeo strategic projects Cristiano Fiorio at the Circular Economy Hub in Mirafiori. The focus of the discussions was on the future of mobility and how the circular economy will shape a more sustainable automotive industry. As a proud winner of the Stellantis Student Awards, it was inspiring to engage with industry leaders on how they are driving innovation, reducing environmental impact, and preparing for the mobility solutions of tomorrow. 🚗🔄🌍 Looking forward to seeing how Stellantis continues to drive innovation and lead the way in shaping the future of transportation! 🚗💡 #Stellantis #MobilityInnovation #Automotive #Sustainability #PersonalizedMobility #StellantisStudentAwards

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My comments (translated below) were included in this Il Sole 24 Ore article: In the first half of 2024, Chinese brands reached a market share of 63.3%, followed by the Germans with 15%…As Bill Russo, CEO of Automobility Ltd (consultancy firm for businesses, startups, and investors, headquartered in Shanghai), states, "Thanks to their dominant position in the battery supply chain and in basic electronics, Chinese companies are able to offer electric vehicles at much more competitive prices than their foreign rivals. In addition, they offer increasingly digitized interiors, because Chinese consumers want the car to reflect their connected lifestyle." Aesthetics also play an important role. Many Chinese manufacturers have involved leading designers such as Wolfgang Egger (formerly of Ferrari and Audi, now at BYD), creating elegant and modern models. "China," Russo continues, "has the largest digital economy in the world, and many companies know how to integrate digital features that improve the ergonomics of interiors. It is a transformation that has been going on for over ten years and sees collaboration with Italian design centers such as Italdesign and Pininfarina." https://lnkd.in/gY3tXPzW

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Great article by Tommaso Condulmari on the VC Data-Driven Transformation. Discover how venture capital is evolving through advanced data practices, enhancing competitiveness and improving investment outcomes. #VentureCapital #DataDriven #Innovation #P101

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📢 Big news for Italy's innovation ecosystem! 🇮🇹 The collaboration between CDP Cassa Depositi e Prestiti and OpenAI  players marks a turning point for our country's tech landscape. As outlined in CDP's latest announcement, this partnership aims to fuel AI-driven growth across sectors, empowering startups, scale-ups, and enterprises to harness cutting-edge AI solutions. This is more than just a step forward—it’s a chance for Italy to re-enter the global race for innovation after missing several transformative trends in the past. AI represents a fresh start. This collaboration will: 💡 Catalyze investments in AI-focused ventures 🤖 Strengthen the ecosystem for future growth 🌍 Open up global opportunities for Italian companies For players like us in electric mobility at Maxi Mobility AI can supercharge efficiency, decision-making, and data-driven strategies. 👉 I'm excited to see how this partnership could accelerate innovation across sectors, helping us bridge the gap and position Italy as a leader in the AI revolution. Let’s seize this opportunity to lead, not follow! 🚀 #Innovation #AI #CDP #Italy #VentureCapital #TechEcosystem #FutureOfWork #ElectricMobility CDP Venture Capital SGR

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One of the most interesting ideas emerging recently is e/acc, effective accelerationism. I'll have a live conversation about it with Giulio Prisco on May 7 at 3pm CET (in Italian). Join us! https://lnkd.in/dVe8KfUy Giulio Prisco is a renowned futurist, cosmist and advocate of effective accelerationism (e/acc). Discover the interesting intersection between technology, philosophy and the future in this in-depth study of the concepts and principles of e/acc. From great cosmist aspirations to the practical applications of accelerating progress, this conversation is a stimulating exploration of human potential and the role of technology in shaping our future. Don't miss this unique opportunity to learn from one of the brightest minds in the field of Futurist thinking. Can you briefly explain the fundamental principles of effective accelerationism (e/acc) and how it differs from other Futurist philosophies? How do you see e/acc as a continuation or evolution of the ideas of cosmism and extropia? In your opinion, what are the most significant challenges facing humanity today, and how can e/acc help solve these challenges? Can you delve deeper into the concept of "out-of-balance thermodynamics" and its relevance to the objectives of e/acc? What is the role you see for artificial intelligence in movement and/acc, and how do you imagine the development and integration of AI with human society? How do you respond to criticism that e/acc could lead to greater inequality or loss of control over technologies? What is your vision for the future of humanity and the universe in the context of e/acc? How do you see the relationship between e/acc and other emerging technologies, such as space exploration, biotechnology and nanotechnology? How can people and society help achieve e/acc goals and accelerate progress towards a better future? What are your thoughts on the ethical considerations surrounding e/acc, and how can we ensure that technology is used responsibly and for the good of all?

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START-UP WEEKEND!!                             [N.31] BizAway 🌍 HQ in Milano, Italy 🍰 #BusinessTravel 🚫 Corporate travel is costly and inefficient due to fragmented processes and lack of tools to track expenses and environmental impact, leading to frustration and hidden costs for companies 💡 BizAway offers an all-in-one platform that simplifies corporate travel, reducing time, costs and hassle with centralized booking, transparent pricing and integrated sustainability tools. The added value lies in seamless travel management and environmental tracking others lack 🍀 BizAway enables sustainable travel with CO₂ offsets via Verra-certified GFP and Eden Reforestation, aligning with UN Goals 12 and 13 to support emissions reduction and transparency 💲 Series B €35M (2024) bringing the total raised to over €60M ⚔ Luca Carlucci, Flavio Del Bianco #BizTravel #NeverStop #Growing Start-Up Monday!! and Start-Up Weekend!! are formats for showcasing innovative startups through an elevator pitch. If you're interested in collaboration or investment, don’t hesitate to reach out to them directly or contact me - I'm here to bridge connections. If you are a startup looking to introduce yourself, don't hesitate to get in touch; I'd be happy to assist. #StartUpMonday #StartUpWeekend #Startups

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This week we travelled to Google offices in Milan for a big next step in the eCabs story. 14 years ago, eCabs was a small start-up with big dreams. Today, our exceptional team of engineers are on a mission to build a ride-hailing platform that competes across Europe and beyond. Over the years, we grew organically and eCabs developed in-house tech on bare metal IT infrastructure to facilitate this growth. But taking eCabs technology to the international market means taking our IT and data requirements to the next level. By partnering with Google Cloud, eCabs will be working with the gold standard in data security and service reliability. And this is just the start. We’re working on much more and soon we’ll be announcing how eCabs and Google Maps are forging a much deeper partnership. Together we keep moving to bring the best technology has to offer to our international tenants. #GoogleCloud #Partnership #eCabs #CustomerExperience #AI #DuetAI #VertexAI #Innovation Ginevra Garelli Nicolò Pisani Matteo Mascolo Mario Carmelo Marchese Fabio Lazzarini Francesco Fraccalvieri Antonio Gioia Luca Di Michele Andrew Bezzina

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START-UP MONDAY!!                             [N.27] Inpoi 🌍 Torino, Italy 🍰 #PropTech #RealEstate 🚫 Real estate agencies still rely on door-to-door for generating sales leads, a costly and time-consuming activity. Private users often distrust agency valuations and prefer online evaluations first 💡 Inpoi's mission is to digitize real estate transactions and build Italy's first Real Estate Community, offering free property evaluations for selling, buying, renting, and renovating through data management 🍀 Inpoi is developing an algorithm to identify real estate that maximizes people’s work-life balance and supports the sustainability goals of the 2030 Agenda, including good health, well-being, and decent work 💲 Pre-seed done €150k Q4'22 | Seed round OPEN €400k Q4'2024 (30% done). Interested in connecting with potential investors ⚔ Gian Luca Ranno & Chiara Bottini #StartUp #Immobiliare #AI #Innovation Start-Up Monday!! and Start-Up Weekend!! are formats for showcasing innovative startups through an elevator pitch. If you're interested in collaboration or investment, don’t hesitate to reach out to them directly or contact me - I'm here to bridge connections. If you are a startup looking to introduce yourself, don't hesitate to get in touch; I'd be happy to assist. #StartUpMonday #StartUpWeekend #Startups

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Join Davide Spinnato - MBA in our webinar on The Rise of Emerging Markets in the Global Economy. Learn how emerging economies are reshaping the business landscape. Scan the QR code to register! #WestfordWebinar #WestfordOnline

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I'm excited to share my latest valuation analysis on Stellantis, which I discussed in detail both on my blog and during my TV intervention on Vision Finance. In my analysis, I explain why I am positive that Stellantis is currently undervalued. Of course, timing might not be perfect, and it may take some time to see results. However, based on the numbers, unless I underestimated how bad the situation is (over a 15% drop in revenue), I believe the stock will be fine and eventually increase in value, potentially producing a return of 12% to 17% per year. Stellantis isn't a beautiful company at a fair price; it's a strong balance sheet company in a distressed or disrupted sector. Nevertheless, under Carlos Tavares' guidance, if Stellantis can successfully sell electric vehicles and improve its operations, I believe the stock could reach $50. https://lnkd.in/dxpyhUEv

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🌱 Curious about Maxi Mobility? 🌱 Recently, I’ve been asked, “What’s Maxi Mobility all about?” 🤔 For those interested, we had the opportunity to present our vision during the INNOVIT - Italian Innovation and Culture Hub bootcamp, and here’s a quick snapshot: Maxi Mobility sits at the intersection of #ride-hailing and #electricvehicles, empowering professional drivers to make the shift to electric—one car at a time. How do we do this? We address the key pain points that currently hold drivers back from adopting #EVs for professional use. Whether it’s a taxi service or a ride-hailing fleet, Maxi offers a seamless, all-in-one solution: electric vehicles, unlimited charging, and a suite of added services—all designed to optimize the professional driving experience. 🚀 Exciting developments are on the way! Stay tuned, and feel free to reach out via DM for any inquiries or to discuss our ongoing fundraising efforts. #mobility #innovation #EV #startup #ridehailing #investment #sustainability

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On Wednesday I went to Milan for my first ECCO think tank conference at SDA Bocconi on #TechnologyNeutrality in the automotive sector Here a few takeaways from this super interesting debate: 💡 technology neutrality needs perfect competition to work, and unfortunately our market is full of failures 👩‍⚕️ ex Italian transport minister Enrico Giovannini reminded us cutting to zero tailpipe emissions is also a health concern, not just a climate one, as 300 thousand people die every year from premature death from air pollution from cars 😨 supply side regulations in Europe are very strict but demand side ones are very fragmented, it's crucial to solve this fragmentation if we really want to go fully electric If you are interested in learning more about the debate on whether technology specific or technology neutral policies make more sense, my colleague massimiliano bienati has your back here: https://lnkd.in/daDEkAUx

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Italy is on the map, Q1-04 number 8 in the top ten ecosystems in Europe, due to some megadeals, but lots of signals of an healthy ecosystem https://lnkd.in/dy-x2idT

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START-UP MONDAY!!                             [N.36] Authentico 🌍 Napoli, Italy 🍰 #Food #FoodTech 🚫 Lack of consumer trust about origin of ingredients and true sustainability. According to the Edelman Trust Barometer, trust is the new brand equity and it is a crucial influencer of customers' choices 💡 Authentico offers robust digital Saas solutions to help food companies protect and enhance the value of their products, while increasing sales through blockchain-based supply chain traceability which ensures a renewed consumer trust 🍀 Thanks to supply chain traceability, from farm to fork, Authentico is able to certify environmental KPIs at every stage of production, which become a valuable resource for drafting the sustainability report 💲 Traction available, interested in connecting with potential investors - 1st Seed €350k ON GOING ⚔ Giuseppe Coletti, Marco Urso, Giancarlo Panico #BlockChain #FoodTraceability #FoodTracking #Trust Start-Up Monday!! and Start-Up Weekend!! are formats for showcasing innovative startups through an elevator pitch. If you're interested in collaboration or investment, don’t hesitate to reach out to them directly or contact me - I'm here to bridge connections. If you are a startup looking to introduce yourself, don't hesitate to get in touch; I'd be happy to assist. #StartUpMonday #StartUpWeekend #Startups

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Weekly Column: Italy's Venture Capital Scene Our featured venture capital firm this week is Indaco Venture Partners. Based in Milan, it's a prominent investment firm which supports innovative startups and growth-stage companies. ✔Investment Thesis: Focus on high-tech startups across various sectors (digital, medtech, electronics, robotics, and cleantech). ✔Mission: Financing innovative companies with strong growth potential. ✔Digital: Investing in startups that are developing cutting-edge digital tech and solutions. ✔Medtech: Supporting companies that are innovating in the medical tech space. ✔Electronics and Robotics: Backing startups that are pushing the boundaries in electronics and robotics. ✔Cleantech: Investing in tech that promote sustainability and environmental responsibility. ✔Capital: The firm manages 6 funds, with a total of over €350 million in AUM. ✔Indaco Ventures Fund I: Focus on growth-stage companies whose competitive advantage stems from cutting-edge proprietary technologies and innovations. This fund focuses on: Digital, DeepTech - Electronics, and Medtech - Healthcare primarily in Italy, but also EU, USA, Canada, and Israel. ✔Indaco Bio Fund: Focused on innovative pharmacological therapies, with particular attention to Oncology, CNS, Ophthalmology, Metabolic diseases, Virology, and Infectious diseases primarily in Italy, but also EU, USA, Canada, and Israel. ✔Anchor Institutional Investors: Major institutional investors in Indaco SGR Funds include Intesa Sanpaolo, Fondazione Cariplo, European Investment Fund, CDP Venture Capital SGR, Quaestio SGR, and Inarcassa. ✔Strategic Partnerships: In the digital sector, Indaco has an advisory partnership with growITup-Cariplo Factory; for biotech and pharma, Indaco has a partnership with Università di Milano. ✔Stages: Seed, Early Stage, and Growth Stage investments. ✔Ticket Size: Typically ranging from €500K to €10M. ✔Geography: Italy, EU, USA, Canada, and Israel. ✔Managing Partners: Davide Turco, Antonella Beltrame, Alvise Bonivento, and Elizabeth Robinson. ✔Recent Investments: May 30, 2024: Seed Round - MicThera (€1M) December 12, 2023: Series A - Freya Biosciences ($38M) December 10, 2023: Series A - Hoba Therapeutics (€23M) November 14, 2023: Series C - Nouscom (€67.5M) November 8, 2023: Series C - D-Orbit (€100M) July 26, 2023: Venture Round - Easy Rain (€5.8M) April 17, 2023: Seed Round - Alia Therapeutics ✔Investments: The firm has made 61 investments to date. Their most recent investment was on May 30, 2024, when MicThera raised €1M. ✔Exits: Indaco Venture Partners has had 9 exits. Some notable exits include Genenta Science, Directa Plus, and Energica Motor Company. Founded in 2016, today Indaco Venture Partners is the largest independent Italian venture capital asset management company. They have a strong presence in Italy, with significant investments in cities such as Milan, Rome, and Turin. 👉For more info, visit: Indaco Venture Partners

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Ever wondered how space sustainability can impact us on Earth? 🌍🚀 Yesterday, I attended "To Infinity and Beyond: Space Sustainability," organized at OGR Torino. 🌌 It was inspirational to witness industry leaders like ARGOTEC and innovative startups such as Aiko . They're leveraging AI in aerospace to new heights! 🛰️✨ The highlight? Raffaele Mauro from Primo Ventures shared insights on the evolving space industry.🌟 His venture capital fund is pioneering deep tech investments in space, changing the game. “Deep tech isn't just about exploring space; it's about sustainable solutions that benefit our global ecosystem”. 🌱🛸 This movement is crafting a new future for Italian industrial sectors, evolving into global conversations. 🇮🇹🥂 As an aerospace engineer, thinking about the future of this industry excites me! 📈💼 I’m very curious about how space tech can reshape our world. PM me to chat more about this! #SpaceSustainability #Innovation #TechEvent #AerospaceEngineering #DeepTech #StartupCulture

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Italy levelling up their startup game. One government, one country at a time the understanding develops and action is taken. To build strong, multi-generational #ecosystems for #innovation, #entrepreneurship, #investment, #jobcreation and the #sustainability transformation, these key stakeholders need to collaborate towards a unified vision. If you ask me, ideally for a better future for people and planet 🌱🌊🌞 Startups: 🤠 innovative, brave, agile, at the forefront of new developments. Running on Ramen and Coffee. Corporates: 🏢 In need of solutions to remain relevant and thrive. Have clients, resources, reach, talent, infrastructure, capital. Investors: 🤑 Good investors have the expertise, network and capital to make success happen. Fuel the ventures. Is performance metric and benchmarking tool. Important to measure non-monetary impact of the business activity as well! Academia & research: 🤓 Develop brave, smart, curious and energetic talent to work with the latest of what humanity develops in scientific research. Politics: Super-networked people operating on systems level. Slowish due to democratic processes. Important to be brave and put policies and infrastructure in place with transformative and long-term benefits for society and our natural environment we live in, and depend on! Like STATION F in Paris Media: With the power, reach and responsibility to show-case positive solutions, positive rolemodels, the people and vision behind big and small ideas which improve how we live and work every day. We're building our future today. Every day. One day at a time. 🌱🌞 It's important to show what we're doing, to provide hope, perspective and motivate everyone to contribute to the solution. Let's build #EoTs - Ecosystems of Transformation. Let's build them together. Share in the comments what you need to thrive in your mission, or how you create positive impact people need to know about! Cambridge Judge Business School Stanford LEAD ETH Zurich, Department of Information Technology and Electrical Engineering digitalswitzerland World Economic Forum Hugo Rauch Michael Jackson Tech Barcelona Oliver Bussmann Nicolas Bürer

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