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Top 10 Clean Energy Startup Investors in Italy (October 2026)

The most active venture capital funds and angel investors investing in Italy Clean Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Italy Clean Energy startup companies. Find investors to raise a Pre-Seed, Seed or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Friulia Finanziaria FVG
VC Fund
1 Italy Venture - Series Unknown, Debt Financing, Seed Manufacturing, Industrial, Service Industry $224k–$9.7M
Finindus
VC Fund
1 Belgium, United States, Sweden Series A, Venture - Series Unknown, Seed Manufacturing, Industrial, Renewable Energy $1.3M–$27M
DBEfin
VC Fund
1 Italy Pre-Seed Wind Energy, Clean Energy, Renewable Energy
Finice srl
VC Fund
1 Italy Pre-Seed Wind Energy, Clean Energy, Renewable Energy
Massimo Moratti SapA
VC Fund
1 Italy Pre-Seed Wind Energy, Clean Energy, Renewable Energy
Altana
VC Fund
1 Israel, Italy, Finland Series B, Venture - Series Unknown, Series A Printing, Manufacturing, Chemical $1.6M–$300M
Altair
VC Fund
1
Bhavik Bajaj
Angel
1 United States, Switzerland, United Kingdom Pre-Seed, Seed, Angel Software, Information Technology, SaaS $15k–$5M
GVA - Good Ventures Advisory
VC Fund
1
Russian Direct Investment Fund
VC Fund
1 Russian Federation, United States, China Venture - Series Unknown, Private Equity, Series A Transportation, Software, Logistics $1.5M–$625M
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Investor list

Friulia Finanziaria FVG
VC Fund · Trieste, Friuli-Venezia Giulia, Italy · 1 investments in Italy Clean Energy startups

Friulia Finanziaria FVG formed by the Region of Friuli Venezia Giulia.

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Investment focus

  • Industry: Manufacturing, Industrial, Service Industry
  • Stage:Venture - Series Unknown, Debt Financing, Seed
  • Geography: Italy

Investor stats

  • Total investments: 15
  • Round size: Debt Financing $549k–$1.7M; Venture - Series Unknown $224k–$9.7M
  • Lead/follow: 87% lead, 13% follow

Portfolio highlights

  • Ca' D'ORO — Ca' D'ORO is an industrial company that focuses on the natural stone sector. The company's main production of natural stone blocks and semi-finished products such as marble, granite, onyx, travertine, and quartzite are the main natural products that the company transforms and markets all over the world.
  • BMG Pharma — BMG Pharma S.p.A.is an Italian pharmaceutical company and the first company in the world to develop products based on modified Sodium Hyaluronate, a patent protected technology which they brand as hyaluromimethic technology. BMG headquarters is currently located in Milan, Italy. It is a business to business company and its business model is basedon signing distribution and licensing agreements with companies worldwide to sell and distribute its products. In 2018, BMG acquired another Italian company, Sigea S.r.l, with expertise in the development of targeted functional ingredients, specifically focused on modified Hyaluronic Acid (Sodium Hyaluronate).
  • Poetronicart — Poetronicart is a technological platform which enhance and create opportunity for artistic work and projects.
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Finindus
VC Fund · Zelzate, Oost-Vlaanderen, Belgium · 1 investments in Italy Clean Energy startups

Finindus provides early stage financing and growth capital to innovative companies active in the area of materials, material processing and sustainable manufacturing. We are funded by ArcelorMittal and the Flemish Region and linked to OCAS, the world class metals research center located in Belgium.

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Investment focus

  • Industry: Manufacturing, Industrial, Renewable Energy
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Belgium, United States, Sweden

Investor stats

  • Total investments: 36
  • Round size: Seed $1.3M–$5.4M; Series A $3.4M–$27M; Venture - Series Unknown $1.5M–$9.1M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Ventory — Ventory is an affordable, intuitive, and easy-to-use platform that gives field professionals full visibility and real-time control over remote inventory.
  • Immaterial — Facilitating the energy transition with advanced materials.
  • Tretau — E-mobility is powered by its core - the electric motor. We at Tau are at the very core of the core: the copper winding wire, the magnetic core, the electrical steel.We just make it bet.
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DBEfin
VC Fund · 1 investments in Italy Clean Energy startups

DBEfin is an investment vehicle by Alessandro and Andrea Dossi.

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Investment focus

  • Industry: Wind Energy, Clean Energy, Renewable Energy
  • Stage:Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rewind Turbine — Rewind Turbine is a renewable energy company that aims to develop innovative systems and wind turbines for the generation of clean energy.
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Finice srl
VC Fund · Milan, Lombardia, Italy · 1 investments in Italy Clean Energy startups

Finice srl is an investment vehicle.

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Investment focus

  • Industry: Wind Energy, Clean Energy, Renewable Energy
  • Stage:Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rewind Turbine — Rewind Turbine is a renewable energy company that aims to develop innovative systems and wind turbines for the generation of clean energy.
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Massimo Moratti SapA
VC Fund · 1 investments in Italy Clean Energy startups

Massimo Moratti SapA is a family investment office of Massimo Moratti.

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Investment focus

  • Industry: Wind Energy, Clean Energy, Renewable Energy
  • Stage:Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Rewind Turbine — Rewind Turbine is a renewable energy company that aims to develop innovative systems and wind turbines for the generation of clean energy.
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Altana
VC Fund · Wesel, Niedersachsen, Germany · 1 investments in Italy Clean Energy startups

ALTANA develops and produces high-quality innovative products in the specialty chemicals business. The ALTANA Group, with headquarters in Wesel/Germany, is a genuine “global player” with 86% of its sales generated by international activities. The ALTANA Group has four divisions: BYK Additives & Instruments, ECKART Effect Pigments, ELANTASElectrical Insulation, and ACTEGA Coatings & Sealants. All of these divisions occupy a leading position in their target markets with respect to quality, product solution expertise, innovation and service.ALTANA offers innovative, environmentally compatible solutions with the matching specialty products for coating manufactures, paint and plastic processors, the printing and cosmetic industries, and the electrical and electronic industry. The product range includes additives, special coatings and adhesives, effect pigments, sealants and compounds, impregnating resins & varnishes, and testing and measuring instruments.

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Investment focus

  • Industry: Printing, Manufacturing, Chemical
  • Stage:Series B, Venture - Series Unknown, Series A
  • Geography: Israel, Italy, Finland

Investor stats

  • Total investments: 7
  • Round size: Series B $1.6M–$32M; Venture - Series Unknown $11M–$300M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Nordtreat — Nordtreat is a producer of bio-based flame retardants for the global construction products industry. Nordtreat's NORFLAM® flame retardants for wood protect over 2000 buildings around the world.
  • Landa Digital Printing — Landa's unique combination of speed, format, quality and digital, creates a new world of opportunities and lets the business owner's ambition define what's possible.
  • Tretau — E-mobility is powered by its core - the electric motor. We at Tau are at the very core of the core: the copper winding wire, the magnetic core, the electrical steel.We just make it bet.
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Altair
VC Fund · Villadossola, Piemonte, Italy · 1 investments in Italy Clean Energy startups

Altair provides crematorium management, cemetery management, construction, architecture, e-commerce, ICT consultancy, sector study and design, consulting, project financing, cremation management, and IT consulting services.

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Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rewind Turbine — Rewind Turbine is a renewable energy company that aims to develop innovative systems and wind turbines for the generation of clean energy.
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Bhavik Bajaj
Angel · 1 investments in Italy Clean Energy startups

Bhavik Bajaj

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Switzerland, United Kingdom

Investor stats

  • Total investments: 78
  • Round size: Seed $100k–$5M; Angel $15k–$1.6M; Pre-Seed $46k–$1.4M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Asepha — Asepha is an AI clinical decision support (CDS) tool to help healthcare professionals make faster clinical decisions.
  • ORA Technologies — E-Commerce, Super App
  • THIRUMALS PAPER ARIZONA PVT. LTD. — TRADING PLATFORM OF PULP , PAPER & PACKAGING
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GVA - Good Ventures Advisory
VC Fund · Milan, Lombardia, Italy · 1 investments in Italy Clean Energy startups

Good Ventures Advisory #startup #consulting #investment #funding #networking #tech #finance #innovation #success #venturecapital #crowdfunding #development #cvc

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Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rewind Turbine — Rewind Turbine is a renewable energy company that aims to develop innovative systems and wind turbines for the generation of clean energy.
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Russian Direct Investment Fund
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Italy Clean Energy startups

Russian Direct Investment Fund is a Russia’s sovereign wealth fund with reserved capital of $10 billion under management. Working alongside the world’s foremost investors, we make direct investments in leading, as well as promising, Russian companies. RDIF attracted over $40 billion of foreign capital into the Russian economy through long-termstrategic partnerships

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Investment focus

  • Industry: Transportation, Software, Logistics
  • Stage:Venture - Series Unknown, Private Equity, Series A
  • Geography: Russian Federation, United States, China

Investor stats

  • Total investments: 34
  • Round size: Series A $1.5M–$300M; Private Equity $50M–$625M; Venture - Series Unknown $4M–$109M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Borzo — Borzo is a global delivery service that enables intracity same-day delivery. Our algorithms optimize numerous parallel deliveries taking into account the geographical routes, packages’ contents, couriers and many others to ensure the feasibility of the same-day delivery. The services are available in 10 countries including Brazil, India, Indonesia,Korea, Malaysia, Mexico, the Philippines, Russia, Turkey and Vietnam and are used by 3 million customers ranging from SMEs to enterprises.
  • IXcellerate — IXcellerate is an unparalleled Carrier Neutral Data Centre in Moscow, which is comparable to the quality of data centres in America and Western Europe. IXcellerate offers pure-play co-location designed to meet the standards of financial institutions, MNCs, international carriers and major content operators. IXcellerate provides clients with abespoke solution aimed towards solving their unique requirements. Located within the MKAD of Central Moscow, IXcellerate Datacenter can provide basic co-location or private and secure cages. As a carrier-neutral facility, affordable and resilient connectivity will be available within Moscow, Russia and the entire World.
  • Quassar Capital — Quassar Capital is a hedge fund with a broad presence in the United States with offices in New York and London. We are widely respected for our asset management approach globally but more importantly for our innovative operating methodology that allows us to maintain exceptional management of advanc
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Clean Energy Investor funding in Italy at a glance

Stats across 17 deals from 25 investors.

25
investors
in Italy Clean Energy startups
17
deals
in Italy Clean Energy startups
$9.9M
median round
in Italy Clean Energy startups
60%
lead investors
lead at least one round
18%
Series B
most common funding stage
96/4
VC / Angel
share of investor count

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