Italian producers are stockpiling food and wine in the US amid fears of impending tariffs under President Trump, with exports expected to reach €7.8bn in 2024. While demand for Italian products remains strong, concerns about price hikes and market access persist, prompting urgent shipments before potential duties are imposed.
Waxy, an innovative startup and benefit company, has secured €1.35 million in funding from CDP Venture Capital, Granarolo, and Sud Speed Up. As the first Italian spin-off involving the University of Milan and Sapienza University of Rome, Waxy focuses on developing technologies that significantly reduce water and energy consumption in food sanitization processes. The new resources will help scale their systems across various food matrices and liquids used in food technology.
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