Venture Capital in Italy
Every venture capital record the directory holds in Italy.
Showing 6 of 6Venture Capital · Italy
Other types in Italy
Venture Capital elsewhere
Venture Capital · Italy results
CDP Venture Capital SGR
Founded in 2015 as the National Innovation Fund (Fondo Nazionale Innovazione) and wholly owned by Cassa Depositi e Prestiti, CDP Venture Capital SGR is the largest venture capital operator in Italy and one of the biggest in Europe, deploying capital through a family of direct and fund-of-funds vehicles with a combined target allocation of over €3.3 billion in its 2024–2028 business plan. It operates across the full lifecycle — from seed (Italia Venture I/II) through growth (Large Ventures, target €700 million) and ecosystem development (VenturItaly II FoF, target €700 million) — covering deep tech, life sciences, digital transition, and sustainability. The portfolio spans 246+ companies, with notable names including Everli and Arduino; its fund-of-funds arms back virtually every significant Italian VC manager. As a state-backed anchor LP and direct co-investor, CDP acts as the cornerstone of the national innovation ecosystem.
Indaco Venture Partners
Founded in 2016 by Davide Turco, Elizabeth Tosto, Antonella Grassigli, and Alvise Bonivento, Indaco Venture Partners SGR is Italy's largest independent venture capital management company, with over €350 million in assets under management across six funds. The firm specialises in proprietary-technology companies at Series A and B, with deep expertise in electronics, robotics, medtech, advanced materials, and digital sectors. Notable portfolio companies include Newronika (adaptive deep brain stimulation), Sibylla Biotech, Almawave, and Codasip; exits include Silicon Biosystems and Directa Plus. Indaco's differentiated focus on hardware-intensive and science-driven startups sets it apart from Italy's mostly software-focused VC landscape.
P101
Founded in 2013 by Andrea Di Camillo — a serial entrepreneur behind Vitaminic and Banzai and an early investor in Yoox and Venere — P101 is one of Italy's most prominent early-stage VC firms, managing approximately €500 million AUM. Its latest vehicle, Programma 103, closed at €250 million in early 2025, targeting early-stage startups in fintech, proptech, edtech, and cybersecurity with an average ticket of €5 million. Over 12 years P101 has backed 58+ companies and completed roughly 290 transactions with ~20 exits; standout portfolio names include Musixmatch (acquired by TPG for ~$500 million in 2023). The firm has a stated goal that Programma 103 companies will collectively generate €5 billion in revenue and 3,000+ jobs by 2030.
Primo Ventures
Primo Ventures (operating entity: Primomiglio SGR), led by chairman Gianluca Dettori and founded in 2016, is a Milan-based VC managing approximately €530 million in assets across digital and space-focused funds. It launched the first Italian venture capital fund dedicated to space technologies — Primo Space Fund (target €80 million, first close €58 million) — in partnership with the Italian Space Agency (ASI) and Fondazione E. Amaldi, backing deep-space logistics, propulsion, and AI for spacecraft. Portfolio investments include D-Orbit (space logistics, Series C co-lead) and AIKO (AI for autonomous spacecraft operations). Beyond space, its digital fund invests in B2B SaaS, cybersecurity, and fintech at seed and early-growth stages.
United Ventures
Founded in 2013 by Massimiliano Magrini (former Google Italy MD) and Paolo Gesess, United Ventures is one of Italy's leading independent technology-focused VC firms, with cumulative AUM approaching €500 million across three funds including a €150 million early-stage Fund III (launched 2023) and a dedicated growth vehicle, UV T-Growth. The firm targets software, fintech, cybersecurity, cloud, IoT, and marketplace companies predominantly at Series A, co-investing across Italy and Europe. Its portfolio of 51 companies has generated 10 acquisitions and 2 IPOs; landmark investments include Musixmatch (10x+ return on exit to TPG), Everli (Series C lead, €22 million), and Cleafy (Series B, 2026).
Vento
Vento is an Italian early-stage venture investor that backs founders building from Italy and organises Wave, the Turin conference formerly known as Italian Tech Week. The firm invests at pre-seed and seed stage and runs the programming around Wave that brings international investors, founders and operators to the Officine Grandi Riparazioni complex in Turin each October.
