Italy’s angels & incubators, venture capital and fintech weekly roundup. News from National innovation Fund, Casavo, ClubDealOnline, Habacus, Play Wood, Fondazione Golinelli, San Marino Republic

Luigi Di Maio, the Italian Ministry for Labor and Economic Development, said that a National Innovation Fund (Fondo Nazionale Innovazione) will be launched with a dry powder of one billion euros and that tax reliefs provided by the Italian 2019 Budget Law will bring another billion euros to the Italian venture capital ecosystem (see here a previous post by BeBeez). Casavo, an Italian proptech platform for instant buying real estate assets, closed a series A fundraising worth 7 million of euros (7.9 million of US Dollars) (see here a previous post by BeBeez). Project A Ventures, a Berlin based venture capital fund, acted as lead investor. Casavo received resources also from Picus Capital, 360 Capital Partners, Kervis Asset Manageme