Primomiglio

Primomiglio SGR SPA is a venture capital firm specializing in startup and seed capital investments in the Fintech sector. The firm also provides acceleration services. It typically invests in the digital and software sectors, with a focus on digital fabrication, blockchain, marketing automation, e-commerce, fintech, industry 4.0, Internet of Things, artificial intelligence, mobile, big data, software-as-a-service and VR/AR. The firm prefers to invest in companies based in Italy, but it also considers investments in Europe and the United States. It seeks to invest between €0.025 million ($26.57 million) and €3 million ($3.26 million) in its portfolio companies. Primomiglio SGR SPA is based in Milan, Italy.

Giorgio Minola

Director and Partner

40 past transactions

Apogeo Space

Seed Round in 2022
Apogeo Space is a newspace company that is developing a constellation of nanosatellites to provide IoT connectivity to everyone, everywhere. Apogeo Space provides low-cost, fully capable embedded nanoplatforms. Apogeo Space's mission is to propel customers' businesses forward in terms of innovation and progress, enabling the impossible and the extraordinary.

D-Orbit

Series D in 2022
D-Orbit S.r.l. is an Italian company that specializes in satellite solutions, focusing on the design, development, launch, commissioning, and decommissioning of satellites. Founded in 2011 and headquartered in Sesto Fiorentino, Italy, D-Orbit aims to provide innovative technologies for the safe disposal of artificial satellites at the end of their operational life, thereby reducing space debris. The company serves satellite owners and operators, offering products and services that enhance the efficiency and reliability of satellite missions while minimizing costs. D-Orbit also emphasizes the social and environmental benefits of its solutions, striving to streamline all phases of satellite operations. With approximately 35 employees, D-Orbit has expanded its reach with subsidiaries in Washington, DC, and Lisbon, Portugal.

WordLift

Seed Round in 2022
WordLift is a lightweight plugin that brings state-of-the-art semantic technologies to the hands of bloggers and publishers. Without requiring any technical skills, it helps you produce richer content and organize it around your audience. WordLift is a plug-in for online content creators to: - Support your writing process with trustworthy and contextual facts - Enrich content with images, links and interactive visualizations - Keep readers engaged with relevant content recommendations - Produce content compatible with schema.org markup, allowing search engines to best index and display your website. - Engage readers with relevant content recommendations - Create your own personal Wikipedia - Publish metadata to share, sell and distribute content

Sidereus Space Dynamics

Seed Round in 2021
Developer of a space technology designed to make the planetary leap possible with economical and safe transport vehicles. The company's technology develops an orbital launch vehicle with a revolutionary reuse system, capable of reducing launch costs by three orders of magnitude, enabling the clients of the space transportation market to avail of cheaper launch services.

Caracol

Venture Round in 2021
Caracol AM offers product design and concept development, large scale prototypes, line production of finished parts, support internalizing 3d printing, and 3D printing training and workshop solutions for additives. It serves automotive and motorsports, aerospace and defense, industrial machinery, nautics, medical devices, oil and gas, design, architecture, and art industries. The company was founded in 2015 and is based in Lomazzo, Italy.

Astrocast

Venture Round in 2021
Astrocast SA is a Swiss company that develops and operates a nanosatellite network specifically designed for Internet of Things (IoT) applications. Founded in 2014 and based in Ecublens, the company has established a constellation of 64 CubeSat satellites in Low Earth Orbit (LEO) to provide low-latency global coverage. Astrocast offers the Astronode S, a low-power bi-directional module enabling serial communication for IoT devices across various sectors, including maritime, environmental, mining, and oil and gas. In collaboration with the European Space Agency, Airbus, and Thuraya, Astrocast addresses the connectivity needs of remote areas and urban applications requiring satellite backup. The company has secured funding through grants and seed rounds, including CHF 3 million from ESA and CHF 4.1 million during its seed round, and is currently seeking an additional CHF 25 million to support the launch of its initial satellite planes.

Cubbit

Series A in 2021
Cubbit is a hi-tech startup founded in 2016 on a worldwide mission to shape the cloud as it should always have been. Green. Encrypted. Forever-free for the users. Based in Italy, Bologna, and Israel, Tel Aviv, Cubbit counts Techstars and Barclays among its global-class partners. Thanks to its disruptive green technology that makes it the first cloud provider without proprietary data-center to maintain, Cubbit has achieved international recognition and got financed by the European Commission.

Pangea Aerospace

Seed Round in 2021
PANGEA AEROSPACE, S.L. develops a small rocket launcher to serve the small satellite market. It offers a reusable aerospike engine for the first stage and landing system for the first stage of the launcher. The company was founded in 2018 and is based in Barcelona, Spain.

StartupItalia

Venture Round in 2021
StartupItalia! lead content creation and white label platforms for millions of readers in Italy and beyond. We help discover trends, investments and news about startups, innovative companies and projects. Over the last few years we’ve built a track record with services for large brand clients. We are bringing the Italian ecosystem together in Italy’s largest events with significant outreach for startups, investors and corporates. Beyond this we run educational trainings and innovation services to Corporate . We are now ready to take the next step to create a launchpad with significant impact on the creation of new startups in Italy.

PharmaPrime

Venture Round in 2021
PharmaPrime is the european pharmacy on demand platform, that enables customers to order and receive, within 40 minutes, all pharmaceutical goods, from top-rated local pharmacies. PharmaPrime addresses to a variety of social situations, from a busy working man, to an old sick woman forced to stay at home, this is why Consumers can order via Website, Phone call, App or live Chat. If prescription is needed, the Pharma Man picks up the prescription from the doctor and brings it to the pharmacy.

Keyless

Seed Round in 2021
Keyless Technologies Limited operates a biometric multi-factor authentication platform that facilitates passwordless access for enterprises. The company offers solutions such as Keyless Authenticator and Keyless Mobile SDK, which enable secure biometric authentication across various customer touchpoints. Keyless serves a diverse range of industries, including aerospace, banking, healthcare, education, and hospitality. Founded in 2018 and originally known as Orycle Limited, Keyless has its headquarters in London and additional offices in Rome and Singapore. Their innovative approach combines secure biometrics and blockchain technology, allowing users to access accounts seamlessly while ensuring strong privacy protections. Keyless's Zero-Knowledge Biometric solutions enhance security by eliminating common threats such as fraud and phishing, thereby enabling businesses to maintain compliance and improve user experiences.

Leaf Space

Series A in 2021
Leaf Space aims to become a global leading service provider in the new, emerging microsatellite market by developing a technology platform providing all basic services required by microsatellite operators.

Cortilia

Series C in 2021
Cortilia S.p.A. is a prominent online food retailer based in Milan, Italy, specializing in the sale of fresh food products. Established in 2011, the company provides a diverse range of items, including fruits, vegetables, fish, meat, dairy products, ready meals, pasta, bread, rice, desserts, snacks, and beverages. Cortilia is recognized for its commitment to delivering high-quality products sourced from local and reputable producers, ensuring a superior customer experience. In addition to its core offerings, the company also provides food storage services to enhance convenience for its clients. With a presence in Milan, Turin, and Bologna, Cortilia has established itself as a leader in the Italian online fresh food market.

AIKO

Seed Round in 2020
Aiko develops and commercializes algorithms based on Artificial Intelligence to increase the autonomy of satellite missions.

YOLO Srl

Series A in 2020
YOLO Srl, a digital insurance broker, sells on-demand and pay-per-use insurance products. The company offers goods, people, health, and travel insurance products. It also operates an Insurtech platform for companies to create and manage their insurance offers. The company provides its services through a mobile application. YOLO Srl was founded in 2017 and is based in Milan, Italy.

Keyless

Seed Round in 2020
Keyless Technologies Limited operates a biometric multi-factor authentication platform that facilitates passwordless access for enterprises. The company offers solutions such as Keyless Authenticator and Keyless Mobile SDK, which enable secure biometric authentication across various customer touchpoints. Keyless serves a diverse range of industries, including aerospace, banking, healthcare, education, and hospitality. Founded in 2018 and originally known as Orycle Limited, Keyless has its headquarters in London and additional offices in Rome and Singapore. Their innovative approach combines secure biometrics and blockchain technology, allowing users to access accounts seamlessly while ensuring strong privacy protections. Keyless's Zero-Knowledge Biometric solutions enhance security by eliminating common threats such as fraud and phishing, thereby enabling businesses to maintain compliance and improve user experiences.

PunchLab

Seed Round in 2020
PunchLab is a Mobile App that will turn your punching bag into a device able to detect, measure, and react to your strikes. No additional device other than your smartphone is needed. It uses the existing technology in your phone to give you real-time feedback on your bag workout and offers training routines pre-programmed by world-level athletes.

Codemotion

Venture Round in 2020
Codemotion is the ecosystem devoted to innovation, focused on developers and coding, open to all programming languages and technologies. Pioneering spirits, it scout the future to deliver a first class experience to our people. Codemotion is one of the biggest tech-conferences in Europe, with an international network of 30.000 developers and 350 speakers coming from all over the world and from the most important IT realities. Codemotion draw in its main conferences, thousands of attendees eager to discuss about hottest topics: it tailor for them disruptive proposals ranging from mobile to UX, develops, cloud, big data, gamedev, security, methods, languages, web, Internet of things. Codemotion is also a startup, providing a bunch of services and activities, for personal and business customers.

Valore In Sanità

Seed Round in 2019
Valore in Sanità srl develops an online platform for providing health care services. The platform enables users in booking, management, and delivery of personalized prevention check-ups through health care facilities. The company also offers Viscard, a card for accessing health care services provided by the company. The company serves private customers, welfare institutions, such as funds, mutual health, pension funds, and insurance; and healthcare network, including healthcare professionals, physicians, and pharmacies. The company was founded in 2017 and is based in Rome, Italy.

Dishcovery

Seed Round in 2019
Dishcovery srl designs and develops a multi-language digital menu software, which translates restaurant menus into several languages, digitizes it in mobile format, and is equipped with a QR code. It also provides information about ingredients, allergens, history of the dish, and advice on wine pairings. The company serves the hospitality industry. Dishcovery srl was founded in 2018 and is headquartered in Modena, Italy.

Cortilia

Series B in 2019
Cortilia S.p.A. is a prominent online food retailer based in Milan, Italy, specializing in the sale of fresh food products. Established in 2011, the company provides a diverse range of items, including fruits, vegetables, fish, meat, dairy products, ready meals, pasta, bread, rice, desserts, snacks, and beverages. Cortilia is recognized for its commitment to delivering high-quality products sourced from local and reputable producers, ensuring a superior customer experience. In addition to its core offerings, the company also provides food storage services to enhance convenience for its clients. With a presence in Milan, Turin, and Bologna, Cortilia has established itself as a leader in the Italian online fresh food market.

Codemotion

Venture Round in 2019
Codemotion is the ecosystem devoted to innovation, focused on developers and coding, open to all programming languages and technologies. Pioneering spirits, it scout the future to deliver a first class experience to our people. Codemotion is one of the biggest tech-conferences in Europe, with an international network of 30.000 developers and 350 speakers coming from all over the world and from the most important IT realities. Codemotion draw in its main conferences, thousands of attendees eager to discuss about hottest topics: it tailor for them disruptive proposals ranging from mobile to UX, develops, cloud, big data, gamedev, security, methods, languages, web, Internet of things. Codemotion is also a startup, providing a bunch of services and activities, for personal and business customers.

Mindesk

Series A in 2019
Mindesk Inc. is a company that specializes in a real-time 3D design platform aimed at enhancing project reviews through virtual reality (VR) technology. Founded in 2015 and based in San Francisco, California, Mindesk integrates seamlessly with existing commercial computer-aided design (CAD) software, allowing users to extend their design processes into both virtual and augmented reality. Unlike many VR CAD applications that require exporting documents, Mindesk enables users to transition fluidly between VR and desktop environments, facilitating real-time editing and collaboration. Its gesture-based interface is tailored for architects, engineers, and designers, enabling them to create and modify 3D projects effectively within an immersive space.

Cubbit

Seed Round in 2019
Cubbit is a hi-tech startup founded in 2016 on a worldwide mission to shape the cloud as it should always have been. Green. Encrypted. Forever-free for the users. Based in Italy, Bologna, and Israel, Tel Aviv, Cubbit counts Techstars and Barclays among its global-class partners. Thanks to its disruptive green technology that makes it the first cloud provider without proprietary data-center to maintain, Cubbit has achieved international recognition and got financed by the European Commission.

YOLO Srl

Series A in 2019
YOLO Srl, a digital insurance broker, sells on-demand and pay-per-use insurance products. The company offers goods, people, health, and travel insurance products. It also operates an Insurtech platform for companies to create and manage their insurance offers. The company provides its services through a mobile application. YOLO Srl was founded in 2017 and is based in Milan, Italy.

181travel

Seed Round in 2019
Nausdream S.r.l. is a tour operator based in Cagliari, Sardegna, Italy, specializing in seaside tourism services. Founded in 2015, the company organizes and creates travel experiences for international tour operators, focusing on destinations across the Mediterranean Sea, Asia, and Latin America. Nausdream offers a range of services, including boat rentals, excursions, onboard dining, sea sports activities, tours, and fishing experiences. By partnering with local providers, Nausdream aims to enhance guest satisfaction and foster long-term customer relationships, ensuring high-quality travel experiences that highlight the best of each destination.

Brandon Group

Venture Round in 2018
Brandon Group is an online B2B distributor, specialized in the categories Fashion, Home & Living and Design.

Cortilia

Venture Round in 2018
Cortilia S.p.A. is a prominent online food retailer based in Milan, Italy, specializing in the sale of fresh food products. Established in 2011, the company provides a diverse range of items, including fruits, vegetables, fish, meat, dairy products, ready meals, pasta, bread, rice, desserts, snacks, and beverages. Cortilia is recognized for its commitment to delivering high-quality products sourced from local and reputable producers, ensuring a superior customer experience. In addition to its core offerings, the company also provides food storage services to enhance convenience for its clients. With a presence in Milan, Turin, and Bologna, Cortilia has established itself as a leader in the Italian online fresh food market.

Noon Care

Pre Seed Round in 2018
Noon Care is a mobile platform designed to assist family caregivers in managing chronic care for their loved ones. The platform provides a digital store accessible via smartphones, where users can purchase and program innovative support services tailored to their needs. Through its application, Noon Care allows caregivers to monitor and manage these services remotely, ensuring they can localize patients in real-time and create memos for better communication. Additionally, the platform offers access to various services, including nursing and emergency support, empowering family members to provide effective care for the elderly.

Playwood

Seed Round in 2017
PlayWood is a innovative modular furniture system that combines connectors and boards to create desks, shelves, stools and many more. The connectors are designed to give the possibility to everyone to realize his/her own project, by following easy instructions. Thanks to their system, you can easily assemble a piece of furniture without specific tools or a manufacturing lab.

YOLO Srl

Seed Round in 2017
YOLO Srl, a digital insurance broker, sells on-demand and pay-per-use insurance products. The company offers goods, people, health, and travel insurance products. It also operates an Insurtech platform for companies to create and manage their insurance offers. The company provides its services through a mobile application. YOLO Srl was founded in 2017 and is based in Milan, Italy.

Competitoor

Seed Round in 2017
Competitoor is the B2B tool dedicated to Brands and online shops that allows store managers to monitor the prices of the competition and to be notified each time a price changes. It allows to save time wasted to check all your competitors and especially to increase revenue and profitability. We offer a structured dashboard, a near-real-time alert and APIs to implement dynamic pricing on the customers' e-commerce.

Amicomed

Seed Round in 2017
Amicomed is a cloud-based platform to support physicians in BP management. The platform combines innovative remote monitoring, through unprecedented data analysis, with an actionable and personalized lifestyle intervention (daily diet, activity, and BP measurement scheduling). The service is fully automated thanks to proprietary algorithms. Aimed at physicians, yet designed with consumer in mind. Use cases are all conditions in which BP must be kept under control (e.g. Hypertension, CHF and pregnancy). The outcomes are striking: a reduction of mean systolic BP of 5mmHg (up to 20) with an adherence of 70%. According to clinical literature, a mean systolic reduction of 5mmHg reduces mortality by 30% and leads to $24bln savings in the US alone. Results have been peer reviewed and presented to latest ACC, ASH, ESH, and ISH.

Codemotion

Venture Round in 2017
Codemotion is the ecosystem devoted to innovation, focused on developers and coding, open to all programming languages and technologies. Pioneering spirits, it scout the future to deliver a first class experience to our people. Codemotion is one of the biggest tech-conferences in Europe, with an international network of 30.000 developers and 350 speakers coming from all over the world and from the most important IT realities. Codemotion draw in its main conferences, thousands of attendees eager to discuss about hottest topics: it tailor for them disruptive proposals ranging from mobile to UX, develops, cloud, big data, gamedev, security, methods, languages, web, Internet of things. Codemotion is also a startup, providing a bunch of services and activities, for personal and business customers.

181travel

Seed Round in 2017
Nausdream S.r.l. is a tour operator based in Cagliari, Sardegna, Italy, specializing in seaside tourism services. Founded in 2015, the company organizes and creates travel experiences for international tour operators, focusing on destinations across the Mediterranean Sea, Asia, and Latin America. Nausdream offers a range of services, including boat rentals, excursions, onboard dining, sea sports activities, tours, and fishing experiences. By partnering with local providers, Nausdream aims to enhance guest satisfaction and foster long-term customer relationships, ensuring high-quality travel experiences that highlight the best of each destination.

Transactionale

Seed Round in 2017
Transactionale is a startup based in Bologna and Bari, Italy, that specializes in an AI-powered cross-marketing network aimed at e-commerce companies. Founded in 2016 by Marianna Chillau, the company has developed a platform that enables online merchants to acquire new customers through value-added services. By leveraging artificial intelligence, Transactionale sends targeted coupons linked to purchase confirmation messages, allowing businesses to connect with potential clients based on their purchasing behavior across different online portals. Recently, Transactionale raised €330,000 in seed funding, which will be used to enhance its product and technology, invest in marketing, and accelerate growth within the Italian market.

Mindesk

Seed Round in 2017
Mindesk Inc. is a company that specializes in a real-time 3D design platform aimed at enhancing project reviews through virtual reality (VR) technology. Founded in 2015 and based in San Francisco, California, Mindesk integrates seamlessly with existing commercial computer-aided design (CAD) software, allowing users to extend their design processes into both virtual and augmented reality. Unlike many VR CAD applications that require exporting documents, Mindesk enables users to transition fluidly between VR and desktop environments, facilitating real-time editing and collaboration. Its gesture-based interface is tailored for architects, engineers, and designers, enabling them to create and modify 3D projects effectively within an immersive space.

Mapendo

Seed Round in 2016
Mapendo SRL is a performance-based mobile user acquisition service founded in 2013 and headquartered in Bologna, Italy. The company manages mobile user acquisition for Android and iOS platforms across various global regions, including Asia, Europe, Africa, the United States, and Latin America. Mapendo utilizes a diverse range of traffic acquisition sources, such as native advertising, programmatic advertising, and mobile web, to optimize user engagement for its clients. It specializes in multiple application categories, including classifieds, tools, shopping, travel, and dating. The platform offers users a personal dashboard that allows for real-time monitoring of campaign performance, enabling businesses to drive high-quality, engaged users to their applications on a cost-per-install basis.