Invitalia Ventures

Invitalia Ventures is a government-backed venture capital firm based in Italy, focusing on early-stage technology startups and small to medium-sized enterprises (SMEs). Managed by Invitalia S.p.A., the firm oversees the Italia Venture Fund I, which has a size of 87 million euros and co-invests up to 70% in Series A funding rounds ranging from 0.5 to 1.5 million euros. The firm targets high-growth sectors and collaborates with a network of co-investors, offering not only financial support but also business development expertise and resources. Key limited partners include the Ministry of Economic Development, the European Investment Bank, and several private entities. Invitalia Ventures seeks to partner with visionary entrepreneurs who are dedicated to innovation and growth in the Italian startup ecosystem.

Domenico Arcuri

CEO and Board Member

26 past transactions

Ecomate

Debt Financing in 2021
Ecomate is a provider of a comprehensive, self-service ESG suite designed to help businesses integrate sustainability practices while monitoring their competitors' performance. Its cloud-based solution enables small and medium enterprises to assess their sustainability levels and ensures compliance with EU regulations in a straightforward manner. Ecomate's platform allows users to track, analyze, and address compliance and strategic challenges related to environmental, social, and governance issues. By doing so, it empowers clients to foster financial growth while minimizing negative impacts on society and the environment.

BigProfiles AI

Venture Round in 2020
BigProfiles is an artificial intelligence platform that caters to utilities, telecommunications, banking, insurance, and retail sectors. It provides a no-code solution for sales and anti-churn efforts by predicting customer behavior, specifically the likelihood of purchase and churn. The platform processes customer data to create detailed profiles by leveraging information from the web, social networks, professional registers, and statistical sources. This enables clients to assess the probability of customer purchases in real time, enhancing their sales and retention campaigns. Notable companies such as Teleperformance, Eni, and UNICEF have successfully utilized BigProfiles' services to improve their customer engagement strategies.

2Hire

Series A in 2020
2hire operates a digital mobility platform that serves as a universal interface between vehicles and various applications, enabling service providers to access essential data and interact remotely with connected vehicles. The platform is designed to facilitate the launch, management, and scaling of digital services in the automotive sector. It offers a range of features, including remote vehicle access, real-time tracking, crash alerts, fuel tracking, and an interactive dashboard. Additionally, it provides customized analytics that help users enhance customer engagement, reduce costs, and improve operations within the car rental industry.

D-Orbit

Series C in 2019
D-Orbit S.r.l. is an Italian New Space company founded in 2011 and headquartered in Sesto Fiorentino, Italy. The company specializes in providing solutions for satellite design, development, launch, commissioning, and decommissioning, with a focus on enabling the safe disposal of artificial satellites to mitigate space debris. D-Orbit offers a range of services, including last-mile delivery of satellites, orbital transportation, and space logistics, aimed at optimizing operations both in orbit and on the ground. By streamlining all phases of a satellite mission, D-Orbit enhances spacecraft design, reliability, and resource utilization while reducing operational costs. The company operates with a commitment to social benefit and environmental sustainability, catering to the needs of satellite owners and operators in a rapidly evolving space marketplace. With approximately 35 employees, D-Orbit also has subsidiaries in Washington, DC, and Lisbon, Portugal.

D-Orbit

Series B in 2019
D-Orbit S.r.l. is an Italian New Space company founded in 2011 and headquartered in Sesto Fiorentino, Italy. The company specializes in providing solutions for satellite design, development, launch, commissioning, and decommissioning, with a focus on enabling the safe disposal of artificial satellites to mitigate space debris. D-Orbit offers a range of services, including last-mile delivery of satellites, orbital transportation, and space logistics, aimed at optimizing operations both in orbit and on the ground. By streamlining all phases of a satellite mission, D-Orbit enhances spacecraft design, reliability, and resource utilization while reducing operational costs. The company operates with a commitment to social benefit and environmental sustainability, catering to the needs of satellite owners and operators in a rapidly evolving space marketplace. With approximately 35 employees, D-Orbit also has subsidiaries in Washington, DC, and Lisbon, Portugal.

Kither Biotech

Series A in 2019
Kither Biotech s.r.l. is a pharmaceutical company based in Turin, Italy, focused on the research and development of drugs and therapies for pulmonary diseases. Founded in 2011, the company is dedicated to addressing unmet medical needs in chronic inflammatory conditions. Its main products include the KIT2014 peptide, developed internally for the treatment of cystic fibrosis, which has received Orphan Drug designation from the European Medicines Agency and is currently in the pre-clinical development phase. Additionally, Kither is advancing the development of a molecule known as CL27, aimed at treating chronic obstructive pulmonary diseases and allergic asthma, and is preparing to enter its pre-clinical phase. Through its innovative research efforts, Kither Biotech seeks to provide effective treatments for patients suffering from various respiratory diseases.

Mindesk

Series A in 2019
Mindesk Inc. is a company based in San Francisco, founded in 2015, that specializes in developing a real-time 3D design platform for virtual reality applications. The platform integrates with existing commercial CAD software, allowing users to design CAD projects directly in virtual reality and facilitating seamless transitions between VR and desktop environments. Unlike many VR CAD solutions that require document exportation, Mindesk enables real-time editing on either platform, enhancing efficiency in the design process. Its immersive, gesture-based interface caters to architects, engineers, and designers, fostering collaborative efforts in 3D modeling and project development.

Farm4Trade

Funding Round in 2019
Farm4Trade empowers breeders, public and private institutions operating in the livestock sector, by offering technological solutions to elevate productivity practices. We strive to take advantage of modern management and data collection technologies to make the farmer’s job easier and simpler, while enhancing the quality and value of livestock . Our integrated suite of applications helps farmers collect and manage data throughout the entire production process, of the supply chain: from production to sales, and even transport.

BrandOn Group

Venture Round in 2018
BrandOn Group is an online B2B distributor that focuses on the Fashion, Home & Living, and Design sectors. The company offers a technology-driven platform designed to manage and enhance sales on various marketplaces through fully automated processes. It facilitates direct sales to consumers via marketplace stores and provides digital e-commerce consultancy services tailored to individual brands. BrandOn Group employs specialized consultants who assess the unique needs of each client, recommending optimal strategies to boost sales and streamline operations throughout the value chain. This comprehensive approach supports customers in navigating the complexities of the marketplace environment effectively.

Taskhunters

Seed Round in 2018
Taskhunters Srl is an online platform based in Milan, Italy, that connects businesses and individuals with verified students seeking temporary employment opportunities. Founded in 2016, Taskhunters operates as a marketplace where companies can outsource various short-term tasks, including app testing, online research, data entry, event organization, and graphic design. The platform also assists private individuals in finding students to handle daily errands such as cleaning, shopping, and personal assistance. By facilitating these connections, Taskhunters enables students to earn extra income while gaining practical experience, thus promoting financial independence. The application efficiently matches students with suitable tasks, allowing for a flexible workforce that meets the needs of both businesses and the community.

BigProfiles AI

Seed Round in 2017
BigProfiles is an artificial intelligence platform that caters to utilities, telecommunications, banking, insurance, and retail sectors. It provides a no-code solution for sales and anti-churn efforts by predicting customer behavior, specifically the likelihood of purchase and churn. The platform processes customer data to create detailed profiles by leveraging information from the web, social networks, professional registers, and statistical sources. This enables clients to assess the probability of customer purchases in real time, enhancing their sales and retention campaigns. Notable companies such as Teleperformance, Eni, and UNICEF have successfully utilized BigProfiles' services to improve their customer engagement strategies.

2Hire

Seed Round in 2017
2hire operates a digital mobility platform that serves as a universal interface between vehicles and various applications, enabling service providers to access essential data and interact remotely with connected vehicles. The platform is designed to facilitate the launch, management, and scaling of digital services in the automotive sector. It offers a range of features, including remote vehicle access, real-time tracking, crash alerts, fuel tracking, and an interactive dashboard. Additionally, it provides customized analytics that help users enhance customer engagement, reduce costs, and improve operations within the car rental industry.

GreenBone Ortho

Venture Round in 2017
GreenBone specializes in the development of innovative bone implants derived from bamboo wood, designed to address severe fractures and conditions that lead to significant bone loss, such as trauma and tumors. The company’s technology transforms bamboo into hydroxyapatite, a widely utilized biomaterial that serves as a bone graft scaffold. These biomimetic, reabsorbable implants possess the necessary weight-bearing and bone regeneration properties to effectively treat non-union fractures. Founded by a research group from ISTEC-CNR of Faenza, GreenBone aims to provide bio-inspired solutions that can significantly improve patient outcomes in orthopedic care.

Mindesk

Seed Round in 2017
Mindesk Inc. is a company based in San Francisco, founded in 2015, that specializes in developing a real-time 3D design platform for virtual reality applications. The platform integrates with existing commercial CAD software, allowing users to design CAD projects directly in virtual reality and facilitating seamless transitions between VR and desktop environments. Unlike many VR CAD solutions that require document exportation, Mindesk enables real-time editing on either platform, enhancing efficiency in the design process. Its immersive, gesture-based interface caters to architects, engineers, and designers, fostering collaborative efforts in 3D modeling and project development.

Zehus

Venture Round in 2017
Zehus is an Italy-based smart mobility company specializing in electric bicycle technology. Its flagship product, BIKE+ all in one, serves as a comprehensive e-kit that integrates a motor, batteries, electronics, and Bluetooth connectivity to enhance the cycling experience. The system is designed to optimize the use of human power, functioning independently of the electrical grid. By maximizing the efficiency of human energy, BIKE+ all in one has demonstrated significant improvements in cycling performance, including over 30% increased efficiency and more than 20% reduced oxygen consumption. This makes a bike equipped with BIKE+ all in one a genuinely zero-emission vehicle, promoting sustainable transportation solutions.

40South Energy

Venture Round in 2016
40South Energy Ltd. is a company based in London, United Kingdom, that specializes in the design and manufacture of wave energy converters for commercial energy production. Founded in 2008, the company focuses on harnessing ocean wave energy to generate electricity and support various applications, including desalination processes and off-grid energy solutions. 40South Energy's technology is utilized in grid-connected wave energy parks and installations near harbors, demonstrating its potential to contribute significantly to the renewable energy landscape. With a growing consensus among experts that wave energy, alongside photovoltaic energy, represents a promising avenue for sustainable energy production, 40South Energy is at the forefront of developing effective solutions to capture and utilize this abundant natural resource.

Remoria VR

Seed Round in 2016
Remoria VR specializes in the development of devices and accessories for mobile virtual reality. The company is currently focused on the Lignum project, which aims to provide an immersive VR experience through portable technology. Their flagship product is a wireless Bluetooth-enabled device equipped with advanced sensors that facilitate motion and orientation tracking with minimal latency. This technology allows users to effectively track and control virtual reality experiences using smartphone applications, enhancing the overall user experience in mobile VR environments.

Empatica

Series A in 2016
Empatica Inc. is a company that specializes in developing wearable medical sensor devices aimed at health monitoring, treatment, and research. Founded in 2013 and based in Cambridge, Massachusetts, Empatica's offerings include the E3 wristband, which monitors physiological signals in real-time, along with a mobile application and a web dashboard designed for stress and sleep monitoring. The company employs a combination of biosensors and artificial intelligence to analyze human physiology, providing valuable insights for patients, clinicians, and researchers. Its client base includes notable organizations such as Microsoft Research, Sony, University of Trento, and Intel.

Pedius

Series A in 2016
Pedius is a communication platform designed to assist deaf individuals in making phone calls with ease. By utilizing voice recognition technology, the system transcribes spoken responses in real-time, allowing users to engage in conversations with hearing individuals through a smartphone app. Users can initiate calls by typing or speaking messages, receiving immediate transcriptions of the responses on the other end. This service is particularly valuable for making essential calls, such as scheduling appointments or contacting family and friends, especially when reaching individuals accessible only by phone. Pedius not only facilitates effective communication but also prioritizes user privacy throughout the process.

Vino.com

Series A in 2016
Vino.com, founded in 2014 in Tuscany, is an online wine shop that offers an extensive selection of wines and spirits. With over 1,000 producers and more than 6,000 labels, Vino.com has established itself as a key resource for wine enthusiasts, shipping approximately 3 million bottles annually. The platform combines the advantages of a traditional wine shop with advanced technology, providing customers with access to high-quality Italian and international wines, including offerings from smaller, emerging producers. Vino.com also enhances the shopping experience by offering promotions, discount coupons, and quality packaging designed to protect wine bottles from thermal changes and damage during delivery.

2045Tech

Series A in 2016
FLOOME can monitor your Blood Alcohol Concentration (BAC) and it gives you the necessary time to recover if you are above the legal limit.FLOOME combines high accuracy, fashion design, and price. FLOOME has unmatched features, such as: • Endless battery life • Sleek Italian design and best usability on the market • International patent-pending technology covering the professional-grade accuracy, battery life, and low manufacturing costs • Retail price • High accuracy; same sensors used by law enforcement officers • Connects to any iPhone, Android or Windows smartphone through the standard headphone jack • The proprietary app displays the BAC as well as other helpful and relevant information like the time to recovery • Customizable colors and limited branded versions (with car TMs, and alike).

Echolight

Series A in 2016
Echolight is an innovative biomedical company that has created the first radiation-free and office-based solution for assessing bone health. This non-invasive technology enables the early diagnosis and monitoring of osteoporosis, aiming to enhance the accuracy and accessibility of bone health assessments for both clinicians and patients. By focusing on early detection, Echolight addresses a critical need in the management of osteoporosis, which is essential for improving patient outcomes and overall bone health.

Zehus

Venture Round in 2016
Zehus is an Italy-based smart mobility company specializing in electric bicycle technology. Its flagship product, BIKE+ all in one, serves as a comprehensive e-kit that integrates a motor, batteries, electronics, and Bluetooth connectivity to enhance the cycling experience. The system is designed to optimize the use of human power, functioning independently of the electrical grid. By maximizing the efficiency of human energy, BIKE+ all in one has demonstrated significant improvements in cycling performance, including over 30% increased efficiency and more than 20% reduced oxygen consumption. This makes a bike equipped with BIKE+ all in one a genuinely zero-emission vehicle, promoting sustainable transportation solutions.

TENSIVE

Convertible Note in 2016
TENSIVE s.r.l. is a biomedical company based in Milan, Italy, founded in 2012. It specializes in the development of innovative prostheses for natural breast reconstruction and augmentation. The company's products utilize biodegradable synthetic biomaterials and feature an internal micro-architecture that mimics blood vessel structures. These vascularized prostheses aim to enhance the quality of life for patients undergoing treatment for breast cancer, offering a solution that reduces the need for recurrent and costly surgical interventions. Through its focus on advanced biomaterials and design, TENSIVE seeks to provide effective and sustainable options for breast reconstruction.

Sardexpay

Venture Round in 2016
Sardexpay operates a commercial credit system that facilitates the exchange of goods and services among businesses, freelancers, and associations through an online platform utilizing a complementary currency. Founded in 2009 and headquartered in Serramanna, Sardinia, the company aims to foster networking among a diverse array of professionals and enterprises. By enabling transactions without traditional cash payments, Sardexpay enhances business relationships and provides promotional tools that help companies attract new customers and increase their revenue.

D-EYE

Seed Round in 2016
D-EYE Srl, founded in 2014 and based in Padua, Italy, specializes in the development of mobile eye examination devices. The cornerstone of its product line is the D-EYE Retinal Screening System, which transforms a smartphone into a portable retinal camera, enabling users to capture high-definition images and videos of the retina for clinical evaluation. This innovative device facilitates health screenings for serious conditions such as glaucoma, diabetic retinopathy, and macular degeneration, making it accessible for healthcare professionals with minimal training. D-EYE's cloud-based platform supports telehealth applications, allowing for immediate sharing of patient data among clinicians. The company has established a global distribution network, serving markets in Europe, the UK, Canada, the Middle East, Japan, and South Africa, while pursuing medical device registrations in additional countries. D-EYE's products have received regulatory clearances, including FDA approval and CE marking, and are actively used in various medical settings, including by ophthalmologists and emergency physicians, to improve early diagnosis and treatment of eye diseases.
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