CDP Venture Capital is an Italian venture capital firm founded in 2015 and based in Rome. It invests in startups and growth companies across Italy, spanning sectors such as consumer products and services, information technology, fintech and insur-tech, healthcare and life sciences, software as a service, artificial intelligence and machine learning, virtual reality, big data, advanced manufacturing, energy, education and training, agriculture materials, and other technology-driven areas. By backing early and growth-stage ventures, it aims to support Italy's economic development and the innovation ecosystem.

LVenture Group is a venture capital holding company based in Rome, Italy, that operates the LUISS EnLabs accelerator, created in partnership with Luiss University, and runs a network of spaces in Rome and Milan. It manages a portfolio of more than 90 startups in digital innovation and scalable technology, aiming to generate value through exits. The firm focuses on seed and micro-seed investments, offering early-stage funding and minority stakes with typical ticket sizes of tens of thousands to a few hundred thousand euros. It backs companies across sectors including SaaS, AI, fintech, e-commerce, health tech, gaming, IoT and hardware, reflecting an emphasis on software-enabled businesses and platform models. LVenture Group supports the Italian innovation ecosystem through its combined acceleration and early-stage funding model and its active involvement with LUISS EnLabs and partner networks.

European Investment Fund (EIF) is a public institution established in 1994 to improve access to finance for Europe's small and medium-sized businesses. It designs and develops venture capital and guarantee instruments to support SMEs and to catalyse private investment, aiming to build a robust European equity ecosystem. EIF engages in venture capital, growth capital, and guarantee operations, backing innovative entrepreneurs primarily in technology and life sciences, as well as across other sectors. Through cornerstone investments and fund participation, EIF seeks to crowd in private investors and stimulate venture activity across Europe. Its equity portfolio has grown substantially, with assets under management exceeding EUR 14 billion, reflecting its broad role in strengthening SME finance and supporting entrepreneurship and growth.

360 Capital is a venture capital firm based in Paris and Milan that backs early-stage startups across Europe in deeptech, climate technology and digital sectors. With a 20-year track record, it supports entrepreneurs in developing ambitious, disruptive companies. The firm manages about €400 million in assets and maintains an active portfolio of more than 50 companies.

Private Equity Partners is a Milan-based private equity firm founded in 1989. It focuses on investments in mid-market Italian companies across sectors including logistics, pharmaceuticals, industrial supply, industrial parts, home furnishing, electrical equipment, and building products. The firm pursues a range of equity strategies including management buyouts, developmental capital, and pre-IPO investments, typically targeting investments of €5 million to €50 million in companies with revenues roughly €50 million to €1,000 million. It commonly seeks majority stakes in buyouts and minority stakes in developmental capital and pre-IPO deals, with exits often through stock exchange listings. The firm maintains an international footprint with offices in Mumbai, India; Warsaw, Poland; and Sao Paulo, Brazil, reflecting its capacity to support growth and international expansion.

Indaco Venture Partners is an Italian venture capital asset management firm based in Milan. It focuses on growth-stage investments in electronics, robotics, medtech, biotech, digital, and new materials, prioritizing companies with proprietary technologies and competitive advantages. While concentrating on Italian enterprises, it makes investments across Europe, the United States, Canada, and Israel.

P101 is a Milan-based venture capital firm founded in 2013 that concentrates on early-stage investments in digital and technology startups, with a focus on Italian companies. The firm backs entrepreneurs across sectors such as fintech, ad networks, delivery, e-commerce, mobile, social platforms, travel and wellness, providing capital and strategic resources to accelerate growth. Typical investments range from €0.5 million to €5 million. Founded by Andrea Di Camillo, the firm aims to support Italian digital innovation through active, hands-on engagement and industry expertise.

Club degli Investitori is an Italian investor network and venture capital activity founded in 2008 and based in Turin. It operates as a community of investors and business angels, supporting early-stage SMEs and startups across sectors such as digital, fintech, MedTech, biotech, deep tech, FoodTech and PropTech with capital and access to a professional network. The network comprises over 400 members, including entrepreneurs, CEOs and executive managers, who typically invest between €200,000 and €1.5 million in Italian opportunities, often taking minority stakes in companies valued roughly between €0.8 million and €100 million. The organization aims for exits within three to five years and is supported by UniCredit and KPMG Italy.

Italian Angels for Growth is an angel investor network based in Milan, Italy, that backs early-stage startups across sectors such as internet, life sciences, biomedical, clean technology, and high technology. It vets opportunities with a professional team and expert members, and supports portfolio companies with guidance from investment champions who provide hands-on expertise. Since its founding in 2007, Italian Angels for Growth has mobilized over €22 million to back 41 startups in seed and Series A rounds, reflecting its multi-sector approach and emphasis on early-stage venture opportunities.

LIFTT is a venture capital firm established in 2019 and located in Turin, Italy. The firm focuses on investing in technology companies, aiming to support innovative ventures that demonstrate potential for growth and impact. By targeting the technology sector, LIFTT seeks to foster the development of new ideas and solutions, contributing to the advancement of the industry while generating returns for its investors.

Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.

Innogest Capital is a venture capital firm founded in 2005 and based in Turin, with additional offices in Milan, Geneva and San Francisco. It focuses on early-stage investments in startups spanning healthcare and digital sectors. The firm collaborates with local and international research centers and technology transfer offices to support portfolio companies. In healthcare, it backs medical devices, diagnostics and digital health, with emphasis on cardiovascular, neurology and oncology areas. In digital sectors, it targets foodtech, fintech, fashion tech and lifestyle verticals. The firm operates across Europe and the United States, leveraging a broad network to identify opportunities and support growth.

Neva SGR is the venture capital arm of the Intesa Sanpaolo Group and wholly owned by the Intesa Sanpaolo Innovation Center. It plans and manages investment funds for professional investors seeking diversification and high-yield opportunities through venture capital investments. Backed by the resources, network, and know-how of Intesa Sanpaolo, it leverages the group’s strength and relationships to identify and pursue opportunities across seed to growth stages. Its mandate includes boosting Italy’s economy by fostering new technologies and positioning the firm as a market maker for the Italian venture capital asset class.

B Heroes is a Milan-based venture capital firm that invests in early-stage Italian founders worldwide at pre-seed and seed stages. It follows a sector-agnostic approach and leverages a community of more than 30 successful founders and platform initiatives to source, screen and support founders.

IH1 is a venture capital firm based in Turin, Italy, that invests in European software-enabled startups produced by Mamazen Startup Studio.

GELLIFY is an innovation platform and venture activity based in Bologna, Italy, that invests in B2B digital software startups and connects them with traditional companies to drive digital transformation through open innovation. It supports startups from early stages through a growth process called Gellification, helping them progress from liquid to solid stages, and operates a B2B Innovation Community called EXPLORE to link entrepreneurs, innovators and professionals through events and phygital experiences. The company maintains a global footprint with operations in Italy, the United Arab Emirates, Spain and Portugal and engages across sectors including software, manufacturing, energy and resources, technology, retail and financial services, healthcare, cyber security, and the industrial internet of things.

Doorway is an equity investing platform based in Bologna, Italy, founded in 2016. The company specializes in assisting venture capital firms in identifying suitable investment opportunities while offering consulting services tailored to both investors and startups. Doorway's comprehensive services include selection, due diligence, funding, monitoring, and exit strategies, aimed at facilitating successful investments and fostering growth in the startup ecosystem.

An independent asset management company founded in 1998 and based in Florence, Sviluppo Imprese Centro Italia focuses on private equity and venture capital investments in unlisted SMEs across Central Italy. It provides growth capital through equity, semi-equity and debt instruments to start-ups, SMEs and mid-caps operating in sectors including textiles and fashion, food and wines, technology, biotech and information technology. The firm manages four closed-end funds with a total committed capital of around 140 million euros, and aims to act as a growth partner and strategic operator to strengthen investees’ capital structures and create value for the regional economy, employment and entrepreneurial culture.

Atlante Ventures is a leading Italian venture capital firm operated by IMI Fondi Chiusi SGR, part of the Intesa Sanpaolo Group. Through its related funds, it manages about 60 million euros and backs seed and early-stage startups in Italy and abroad. The firm focuses on innovative companies with strong intellectual property and capable entrepreneurial teams, evaluating many opportunities with a dedicated team of professionals. Its portfolio includes notable early-stage companies such as Silicon Biosystems, Icoolhunt and Admantx. Atlante Ventures backs startups across sectors including manufacturing, financial services and TMT, seeking to support companies that can scale internationally.

20V is an independent venture builder in Italy focusing on pre‑seed stage. It acts like a startup studio, either incorporating new companies or partnering with existing ones. It provides capital and decades of management and investment experience rather than just money. It selects high‑potential ideas and founders, keeps ownership with founders, and works closely to scale the venture. It operates with a low‑profile, high‑impact approach, avoiding crowded classes and workshops. It aims to become a leading Italian venture builder.

Lazio Innova is a venture capital firm based in Rome, Italy, established in 2015, that invests in startups located in the Lazio region and provides a range of support services including credit support and guarantees, risk-capital interventions, internationalization assistance, promotion of business networks, and services for business creation and enterprise development.

The Techshop is a Milan-based venture capital firm founded in 2021 that backs early-stage B2B digital startups across sectors including e-commerce, fintech, property, insurance, martech, AI, analytics, internet of things, security, 5G, and cloud.

United Ventures is an independent venture capital firm based in Milan, Italy. Founded in 2013, it concentrates on early-stage investments in software and digital technologies, including fintech, cloud, internet of things, cybersecurity, marketplaces, and related sectors. The firm partners with founders to support product development, go-to-market strategies, and international expansion, aiming to back technology companies with scalable business models across Europe, with a focus on Italy. United Ventures seeks to add strategic value through hands-on guidance, networks, and operational insight, helping portfolio companies grow from early traction to regional and global markets.

Principia SGR is an Italian venture capital firm established in 2002, managing over EUR 80 million in assets. The firm focuses on early-stage investments in small and mid-sized technology companies, primarily within Italy. Principia operates two funds that target digital startups and expansion capital opportunities, with a particular interest in seed investments in select cases.

Net4Capital is a Rome-based investment firm focused on venture capital and private equity. Founded in 2020, it pursues opportunities in the business products, services, and technology sectors.

Primo Capital is an independent venture capital platform based in Milan, founded in 2015, focused on seed and early-stage technology startups. It operates with multiple funds dedicated to cutting-edge sectors including digital and software, healthcare, climate technology, and the space economy, pursuing investments across the technology spectrum.

Opes Impact Fund is an Italy-based venture capital firm that invests in companies focused on creating positive social impact. The firm provides capital and support to enterprises that aim to address societal challenges while pursuing sustainable growth.

Invitalia Ventures is a government-backed venture capital firm owned by the national development agency Invitalia. It specializes in technology startups and small and medium-sized enterprises in Italy, providing risk capital and strategic support, and actively co-invests with national and international venture capital partners to strengthen the Italian innovation ecosystem and help startups scale.

U-Start is a professional advisory firm that structures club deals for a collective of private investors and collaborates with leading venture capital funds to scout and invest in digital and technology companies across Europe, Israel and the United States. It aggregates high-net-worth Italian and Swiss families into the U-Start Club, providing access to innovation opportunities and facilitating more strategic asset allocation through a curated ecosystem of venture activity. Founded in 2012 and based in Milan, the firm focuses on lifestyle, tech and digital sectors, supporting family offices and funds on venture deals and partnering with corporates on startup scouting and innovation projects. Through the U-Start Club, members engage in seed to later-stage opportunities in Europe, the United States and Israel, including media, travel, software, fintech and mobile sectors.

Founded in 2023, Moonstone is a venture capital firm based in Milan, Italy. It invests in pre-seed and seed-stage startups across sectors and geographies, focusing on founders committed to addressing impactful global challenges.

Claris Ventures is a venture capital firm based in Turin, Italy, established in 2019, focused on early-stage investments in the biopharma sector. It seeks opportunities arising from the Italian research and development ecosystem, supporting high-potential biopharma ventures at an early stage.

Levante Capital is a Milan-based venture capital firm founded in 2021 that invests in Southern European deep-technology companies with significant growth potential. The firm focuses on backing startups positioned to scale into Asian markets, supporting them as they pursue regional expansion and technology-led growth.

Five Seasons Ventures is a Paris-based venture capital firm focused on early-stage investments in the food and agriculture supply chain across Europe. It backs innovative food technology companies and consumer food products aimed at healthier choices, cleaner labels, sustainability, and new business models. The firm provides capital, technology, and a broad industry network to help entrepreneurs develop new food categories, improve processes and ingredients, and deploy technology-driven approaches. It typically participates in seed and early-stage rounds, often taking minority stakes and engaging with portfolio companies through board seats, with a geographic emphasis on Europe, particularly France and Italy.

Ad4Ventures is the corporate venture capital arm of Mediaset, part of the MediaForEurope group, headquartered in Cologno Monzese, Italy, with an office in Madrid. Established in 2013, it invests in start-ups across seed to growth stages in Italy and Spain, and selectively in foreign ventures not yet present in those markets. The firm targets digital B2C, media, retail, e-commerce and technology companies, including digital goods and services, consumer products, social platforms, and promotion-focused businesses. It seeks minority stakes and may provide equity or revenue-sharing arrangements, with the choice guided by the anticipated impact of media cooperation on short- to mid-term value and growth. Ad4Ventures emphasizes opportunities with capable management and scalable models, leveraging Mediaset's consumer reach to support portfolio companies in the Italian and Spanish markets.

Simest is a financial firm based in Rome, Italy, established in 1991, that specializes in supporting the international development of Italian enterprises. The firm invests in foreign companies outside the European Union, acquiring up to 49% of their equity capital, either in wholly-owned subsidiaries or joint ventures with local partners. Simest offers various forms of financing, including start-up and growth capital, as well as participation in buyouts. Its investment focus includes regions such as BRIC, the Americas, and the Middle East, targeting sectors like business services, consumer products, and manufacturing. Additionally, Simest provides technical assistance and advisory services to Italian companies looking to expand internationally. The firm is affiliated with the European Development Finance Institutions and the Italian Venture Capital and Private Equity Association.

Founded in 2023, Fifth Quarter Ventures is a venture capital firm based in Novi Sad, Serbia. It focuses on investing in early-stage startups operating in open-source software, Industry 5.0, artificial intelligence, development tools, cryptocurrency, web3, and other technology sectors across the Adriatic region.

Alchimia Spa is a venture capital firm that focuses on early-stage and growth opportunities. It invests and co-invests in innovative companies across sectors, providing strategic and operational resources to portfolio firms. The firm operates globally and connects founders with an international network to support expansion domestically and overseas. It maintains a sector-agnostic approach and targets opportunities with large addressable markets. Based in Rome, Italy, with an additional office in Milan and London, it seeks to back entrepreneurs with high growth potential.

BlackSheep Ventures is a European venture capital firm with an entrepreneurial background that invests in MadTech—technology-based companies focused on AI, big data, automation, and their B2B applications for the marketing and advertising industry—across seed to early growth rounds, including Round B.

ADR Ventures is the venture capital arm of Aeroporti di Roma, the operator of Rome’s airports. It invests in early‑stage technology and infrastructure projects that support the aviation sector and broader economic development. The firm focuses on innovative solutions that enhance airport operations, passenger experience, and sustainability, leveraging its parent company’s industry expertise and network.

Xyence is a Milan-based venture capital firm focusing on early-stage life sciences and healthcare investments in Europe, including oncology and related sectors. It typically makes equity investments under €5 million and targets portfolio companies with revenues up to about $6 million, EBITDA up to $4 million, and enterprise value up to $1 million, for minority or majority stakes. Founded in 2002, Xyence combines scientific creativity with professional capital management to support growth in its portfolio.

Como Venture is an investment firm based in Como, Italy, focused on high-technology companies with strong growth potential. It operates as a venture capital firm supplying seed and early-stage capital, and is described in other profiles as a private equity investor that acquires equity stakes for a medium-to-long-term horizon in technology-enabled businesses.

Scientifica Venture Capital is a venture capital and private equity firm based in Rome, Italy, established in 2021. It provides private equity and venture capital investment services to Italian startups and companies, and concentrates on sectors including advanced manufacturing, advanced materials, artificial intelligence, and quantum technologies.

Genextra is a Milan-based venture capital firm that concentrates on life sciences. Founded in 2004 by Italian entrepreneurs, financial institutions, and leading scientists from the European Institute of Oncology, it seeks to identify innovative research and translate it into therapies and tools. The firm supports the creation of new company vehicles or assists early-stage startups with specialized management and financial backing to improve the odds of long-term success. Its holding structure and approach are designed to align incentives and resources with scientific advances, aiming to accelerate translation from research to market. Genextra has raised over €116 million in private capital dedicated to research and innovation in Italy.

Panakès Partners SGR SpA is a venture capital firm based in Milan, Italy, specializing in investments in startups, early stage companies, and SMEs in the medtech industry. They focus on areas such as medical devices, medical diagnostics, biotech for in-vitro diagnostics, healthcare-IT, and medical services, primarily in Europe, including Italy and Israel. With a strategic focus on emerging companies in the healthcare sector, Panakès Partners SGR SpA aims to support innovative ventures in the medtech field to drive growth and development in the industry.

FinLeap is a Berlin-based venture capital investment firm that backs early-stage technology and fintech startups. It focuses on seed and early rounds, with typical investments ranging from €0.5 million to €5 million. The firm specializes in fintech and related digital financial services, including software as a service solutions. FinLeap operates internationally with offices in Berlin and additional locations in San Francisco, Milan, Madrid, and Paris, enabling it to support portfolio companies across multiple markets. The business supports innovative startups at the intersection of technology and financial services, helping them scale through early capital and strategic guidance.

Creative Thinking Ventures is a venture capital firm focused on very early-stage startups, specializing in pre-seed and seed investments. Based in Albertville, France, it pursues opportunities across Europe, with an emphasis on Italy, and targets small and medium enterprises active in greentech, garden technology, and green developments. The firm aims to create value through creativity in solving customer problems and developing new needs, highlighting originality and customer satisfaction to enhance competitiveness and market reach.

e-Novia, based in Milan, operates as an Enterprises Factory that turns ideas into products, supports researchers to become entrepreneurs, and develops startups into solid enterprises. Founded in 2012, it focuses on robotics, AI and mobility and builds upon intellectual property created with research institutes and international corporates. The organization collaborates with portfolio companies and entrepreneurs on more than 50 patents, and it gathers experience across automotive, motorsport, vehicle fleets, transport, marine and urban mobility sectors.

Panakes Partners is a Milan-based venture capital firm founded in 2015 that makes early-stage investments in life sciences and healthcare companies across Europe and Israel. It supports ambitious teams developing innovative technologies and products in areas such as diagnostic equipment and healthcare technology systems, with the goal of improving patient outcomes and advancing medical solutions.

Compagnia Bresciana Investimenti is an investment holding company that focuses on financial, industrial, and service sectors. It engages in club agreements, private equity, public equity, and venture capital investments.

Paack is a delivery service platform focused on sustainable e-commerce and retail parcel transportation. It operates an in-house technology platform built by more than 120 engineers to automate, robotise, and optimise its operations, enabling a high first-delivery-attempt rate and lower carbon emissions. The company aims to lead sustainable eCommerce deliveries in Europe and pursues carbon net-zero by 2030 through measuring environmental impact, reducing emissions, partnering with others, and reporting progress. Its platform offers scheduled and temperature-controlled deliveries, real-time tracking, and customer support for online retailers and businesses. Paack currently serves Spain, France, Portugal, and Italy, combining efficiency with environmental responsibility.