30 Best Active Investors in Italy in 2024

Over the past decade, Europe has become the second largest technology ecosystem in the world, creating startups solving problems worth solving in society. Behind many of these companies are investors who provide not just funds but also guidance and support.


Our 2024 list brings together the most notable investors from across the continent, with everyone listed having a track record of making strategic investments in generation-defining companies. These rankings are the result of tracking investment activity across 17,000+ companies and +2,500 venture capital investors Europe, and includes funds who have invested in at least 5 European companies in the past year, regardless of where they are HQ'd.


Whether you're a budding entrepreneur seeking the right funding partner, an investor looking for co-investment opportunities, or simply curious about the financial powerhouses investing in Europe, this list provides invaluable insights into the region.


Last update to the database: Nov 26, 2024. See changelog.


Icon Investor Rankings are calculated using our Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.

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List of 30 top Italy VCs

An independent venture capital firm based in Paris that provides funding for seed, early stage and late stage biotechnology ventures

36

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Italy:

No data available

An independent venture capital firm based in Paris that provides funding for seed, early stage and late stage biotechnology ventures

36

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Italy:

No data available

An independent venture capital firm based in Paris that provides funding for seed, early stage and late stage biotechnology ventures

36

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Italy:

No data available

An independent venture capital firm based in Paris that provides funding for seed, early stage and late stage biotechnology ventures

36

Offices:

Paris (HQ)

Milan

London

Paris (HQ)

Milan

London

Paris (HQ)

Milan

London

Paris (HQ)

Milan

London

Investment Stage:

Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$2.5M - $250M

Industries:

Health Tech, Agritech, Foodtech

Top investments in Italy:

Myricx Bio (
75)
, F2G (
63)
, Mnemo Therapeutics (
60)

UniCredit Group, a venture capital fund based in Milan, focuses on empowering communities and individuals across Europe. They invest in various stages, including early and later rounds, supporting industries such as real estate tech, fintech, agtech, and e-commerce. Notable investments include Meniga, solarisBank, and GetYourGuide. Operating across Europe with the strengths of 13 banks, UniCredit Group aims to unlock potential and foster progress. Their core values of integrity, ownership, and care drive their mission to build the bank of the future.

34

Offices:

Milan

Investment Stage:

Debt Financing, Seed, Series A, Series D, Series F

Check Size:

$5M - $250M

Industries:

FinTech, Agritech, Proptech & Real Estate

Top investments in Italy:

Casavo (
60)
, GetYourGuide (
60)
, solarisBank (
60)

Banco BPM, based in Milan, emerged from the merger of Banco Popolare and Banca Popolare di Milano. The venture capital fund provides debt financing to companies, focusing on mobile technology and enterprise software. It does not write checks for exact amounts but aims to support growth. An example of their investment is in Bending Spoons. Leveraging the experience of its predecessor banks, Banco BPM offers modern solutions and a strong network to support both individuals and businesses.

33

Offices:

Milan

Investment Stage:

Debt Financing

Check Size:

$500M - $1B

Industries:

Mobile, Enterprise software

Top investments in Italy:

Bending Spoons (
52)

A family investment office in Italy that focuses on supporting digital entrepreneurs and companies.

30

Offices:

Milan

Investment Stage:

Series A, Series B, Series D

Check Size:

$20M - $250M

Industries:

AI, Adtech, Travel Tech

Top investments in Italy:

Contentsquare (
60)
, GetYourGuide (
60)
, WeRoad (
37)

Proximity Capital, based in Milan, is a venture capital fund that invests in early-stage startups with high growth potential, particularly in payments and fintech. They provide funding to help new businesses grow and have invested in companies like Qomodo. Proximity Capital aims to create value and support the success of small and medium-sized enterprises.

28

Offices:

Milan

Investment Stage:

Pre Seed

Check Size:

$40M - $50M

Industries:

FinTech, Payments

Top investments in Italy:

Qomodo (
48)

FITEC is a Milan-based venture capital fund specializing in Series B investments. They focus on ecommerce, mobile, consumer goods, and food technology sectors, with notable investments including Everli. Established in 2010 with the backing of Italy's Ministry of Economy and Finance, banks, and industry associations, FITEC manages over 3.5 billion euros across multiple funds. They emphasize financial returns while fostering top Italian businesses and integrating ESG criteria into their investment activities.

27

Offices:

Milan

Investment Stage:

Series B

Check Size:

$20M - $30M

Industries:

Foodtech, CPG & Consumer Goods, Mobile

Top investments in Italy:

Everli (
43)

Neva SGR, based in Turin, is the venture capital arm of Intesa Sanpaolo. The fund supports startups from seed to growth stages, with investments up to €4 million. Focus areas include technology, healthcare, and manufacturing. Notable investments are V-Nova, Energy Dome, and Leaf Space. Neva SGR aims to help Italian startups grow and succeed.

26

Offices:

Turin (HQ)

Investment Stage:

Seed, Series A, Series B, Series D, Unknown

Check Size:

$10M - $40M

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Italy:

Casavo (
60)
, Modifi (
52)
, V-Nova (
43)

Eni Next is a wholly owned subsidiary of Eni and a strategic investment vehicle. They seek to invest in clean technology with a focus on renewables, industrial innovation, and digital or the use of machine learning and artificial intelligence in the energy space.

26

Offices:

Rome (HQ)

Investment Stage:

Series B

Check Size:

$20M - $40M

Industries:

Climate Tech & Green Tech, Energy & Nuclear, Renewable energy

Top investments in Italy:

Energy Dome (
41)

A European venture capital firm investing in startups in medical and healthcare technology.

26

Offices:

Milan

Investment Stage:

Seed, Series A, Series B

Check Size:

$5M - $40M

Industries:

Health Tech, Hardware, Biotech

Top investments in Italy:

Enterprise Therapeutics (
52)
, CarThera (
44)
, Neuromod Devices (
41)

HTH is a venture capital fund based in Milan, focusing on Series C investments ranging from $250k to $5M. They target sectors such as biotech, manufacturing, and health tech, and have invested in companies like Univercells. HTH supports businesses with cutting-edge technologies in life sciences, working with both early and mid-stage companies, and invests internationally. The fund is backed by an entrepreneur in the healthcare sector.

26

Offices:

Milan

Investment Stage:

Seed, Series C

Check Size:

$10M - $70M

Industries:

Health Tech, Biotech, Manufacturing

Top investments in Italy:

Univercells (
48)
, EpilepsyGTx (
33)

360 Capital is a venture capital fund based in Paris, focusing on early-stage investments across Europe. They provide flexible funding from pre-seed to Series D, across various industries including tech, healthcare, and energy. Notable investments include 900.care, Exotrail, Wakeo, Via Sana, and Callyope. The fund aims to support groundbreaking startups and help them grow into successful businesses.

25

Offices:

Paris (HQ)

Milan

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $100M

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Italy:

Casavo (
60)
, Exotrail (
60)
, Cubyn (
56)

dPixel is a venture capital fund based in Milan, focusing on early-stage startups in sectors like online shopping and food tech. They invest between $250k and $5M and have supported companies such as Cortilia. Beyond funding, dPixel offers advice and management consulting to help these startups succeed.

25

Offices:

Milan (HQ)

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Foodtech, Food Delivery, Ecommerce

Top investments in Italy:

Cortilia (
40)

Indaco Venture Partners, based in Milan, is a venture capital fund investing in mobility and transportation, biotech, and health tech companies. They provide funding during series A and series C stages. Notable investments include Hoba Therapeutics, Nouscom, and Easy Rain. Indaco Venture Partners seeks to support businesses making advancements in their fields.

25

Offices:

Milan (HQ)

Investment Stage:

Series A, Series C, Series D

Check Size:

$10M - $100M

Industries:

Health Tech, Hardware, Biotech

Top investments in Italy:

Nouscom (
48)
, Hoba Therapeutics (
48)
, WISE (
37)

P101 is a venture capital company founded in 2013 that invests in digital sector.

24

Offices:

Milan (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$500k - $70M

Industries:

Health Tech, Edtech, FinTech

Top investments in Italy:

Casavo (
60)
, Habyt (
56)
, Colvin (
48)

RedSeed Ventures is a venture capital fund based in Milan. They invest in early-stage companies and collaborate with founders to turn business ideas into global successes. The fund focuses on sectors such as edtech, online commerce, space technology, communications, AI, health tech, transportation, and services. Notable investments include Kodland, Borzo, IOMED, Accel Club, and Leaf Space.

24

Offices:

Milan (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Unknown

Check Size:

$100k - $20M

Industries:

Health Tech, Edtech, AI

Top investments in Italy:

Borzo (
52)
, IOMED (
44)
, Kodland (
37)

United Ventures is a Milan, Italy based independent venture capital firm founded in 2013 by Massimiliano Magrini and Paolo Gesess.

23

Offices:

Milan (HQ)

Rome

Investment Stage:

Seed, Series A, Series B, Series C, Unknown

Check Size:

$2.5M - $100M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Italy:

Exein (
56)
, Futura (
48)
, Everli (
43)

Whysol Investments, based in Milan, is a venture capital fund specializing in Series A investments in space technology and communications. The experienced team evaluates risks and potential returns to guide institutional investors, family offices, and private individuals. Along with capital, Whysol provides active management and support to ensure portfolio companies, such as Leaf Space, reach their full potential. The firm combines expertise with hands-on involvement to achieve meaningful outcomes.

23

Offices:

Milan

Investment Stage:

Series A

Check Size:

$2.5M - $5M

Industries:

Space Tech, Communications

Top investments in Italy:

Leaf Space (
37)

Italmondo is a venture capital fund based in Milan, founded in 1953. It focuses on early-stage companies in Supply Chain & Logistics and Ecommerce. Notable investments include Sendabox. Led by Franco Pozzi and family members Federico and Massimo Pozzi Chiesa, Italmondo supports startups through its Supernova Hub incubator. The fund operates globally with 28 locations and over 1,500 employees.

23

Offices:

Milan

Investment Stage:

Series A

Check Size:

$10M - $20M

Industries:

Ecommerce, Supply Chain & Logistics

Top investments in Italy:

Sendabox (
37)

Supernova Hub is a venture capital fund based in Milan, specializing in Series A investments in supply chain, logistics, and e-commerce. With 60 years of business experience, they offer deep expertise and strong IT capabilities to support growing companies. Their network of investors and business angels aids startups in thriving. The coworking space fosters collaboration among portfolio companies, including Sendabox. Supernova Hub aims to create synergies and maintain high performance across its investments.

23

Offices:

Milan

Investment Stage:

Series A

Check Size:

$10M - $20M

Industries:

Ecommerce, Supply Chain & Logistics

Top investments in Italy:

Sendabox (
37)

Banca Centropadana is a venture capital fund headquartered in Milan, focusing on early-stage companies, particularly in Series A funding rounds. Specializing in supply chain, logistics, and ecommerce sectors, they support businesses like Sendabox. Established in 2001, Banca Centropadana collaborates with cooperative banks and financial institutions to provide financial support and help companies grow. Their extensive experience and resources make them a trusted partner for startups aiming to succeed in competitive markets.

23

Offices:

Milan

Investment Stage:

Series A

Check Size:

$10M - $20M

Industries:

Ecommerce, Supply Chain & Logistics

Top investments in Italy:

Sendabox (
37)

Impact Partenaires is a venture capital fund based in Paris. They invest in companies at various stages, from early venture to growth. Focusing on sectors like education technology, manufacturing, and health tech, they have backed firms such as Rise Up, iRaiser, Eurekam, and Satelia. Their mission is to scale businesses that drive positive change.

22

Offices:

Copenhagen

Paris (HQ)

Milan

Frankfurt

Barcelona

London

Investment Stage:

Series A, Series B, Unknown

Check Size:

$5M - $40M

Industries:

Health Tech, Edtech, FinTech

Top investments in Italy:

Rise Up (
43)
, iRaiser (
31)
, Eurekam (
28)

Claris Ventures is a venture capital fund based in Turin. They focus on early-stage investments in biotech, health tech, pharma, manufacturing, and deep tech sectors. They support companies from seed to Series A and B stages. Notable investments include Repron Therapeutics, NeoPhore, and Kither Biotech. The fund aims to back high-potential businesses striving for significant advancements in their fields.

21

Offices:

Turin (HQ)

Investment Stage:

Seed, Series A, Series B, Unknown

Check Size:

$2.5M - $30M

Industries:

Health Tech, Biotech, Deep Tech

Top investments in Italy:

Resalis Therapeutics (
44)
, Kither Biotech (
34)
, Sibylla Biotech (
34)

A venture capital firm in England that focuses on investing in the software, media, and big data sectors.

21

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Italy:

No data available

A venture capital firm in England that focuses on investing in the software, media, and big data sectors.

21

Offices:

Milan

Milan

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C

Check Size:

$1M - $20M

Industries:

CPG & Consumer Goods, AI, Hiring and Recruitement

Top investments in Italy:

Brightpearl (
44)
, Glaut (
25)
, StepsConnect (
21)

Alchimia Investments is a venture capital fund based in Rome. They focus on early-stage companies working with data, artificial intelligence, and health technology. Alchimia provides financial support to promising startups, including investments in companies like WelMed, which specializes in healthcare solutions. Their goal is to back companies making a significant impact in their fields.

19

Offices:

Milan

Rome (HQ)

Investment Stage:

Series A

Check Size:

$10M - $20M

Industries:

Health Tech, AI, Data and Analytics

Top investments in Italy:

WelMed (
31)

Oltre Venture is a venture capital fund based in Milan, focusing on early-stage investments, from seed to Series A rounds. They support businesses in technology, health, finance, and consumer goods sectors, aiming to create positive social impact. Notable investments include Cera, iRaiser, and Jobtech. Oltre Venture acts as a financial partner to help social enterprises grow and succeed.

19

Offices:

Milan (HQ)

Investment Stage:

Seed, Series A, Unknown

Check Size:

$5M - $70M

Industries:

Health Tech, Edtech, FinTech

Top investments in Italy:

Cera (
50)
, EatRight (
31)
, iRaiser (
31)

B4i is a venture capital fund based in Milan, focusing on early-stage investments in the service industry, artificial intelligence, and business intelligence. They support startups in the pre-seed stage by providing funding and guidance. Notable investments include Scavenger AI and Crqlar. B4i aims to help emerging businesses with financial resources and expertise to grow and succeed.

19

Offices:

Milan

Investment Stage:

Pre Seed

Check Size:

$1M - $2.5M

Industries:

AI, Business Intelligence, Service industry

Top investments in Italy:

Scavenger AI (
44)
, Crqlar (
15)