# Top 20 Fitness Startup Investors in Italy in June 2026

## Club degli Investitori
- Type: VC Fund
- Location: Torino, Piemonte, Italy
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Health Care, E-Commerce, Information Technology

Club degli Investitori (Investors Club) is a network of investors and business angels that invest on early-stage SMEs and startups. The community of 300+ Members (entrepreneurs, CEOs, executive managers) actively scouts for investing opportunities on SMEs & startups and invests with a minimum ticket of €200k. The Club supports business byinvesting capital and by leveraging the Members' network and experience.Club degli Investitori is supported by Unicredit and KPMG Italy.

## CDP Venture Capital
- Type: VC Fund
- Location: Rome, Lazio, Italy
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

CDP Venture Capital Sgr - National Innovation Fund aims to make venture capital a cornerstone of the country's economic development and innovation, creating the conditions for an overall and sustainable growth of the venture capital ecosystem.

## Embed Capital
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Information Technology, Mobile, Health Care

Embed Capital directly invests in startups, established or in the process of creation.Embed is mainly focused on innovative companies that:- Are active in the so-called “real economy” sectors: industrials, technology, environment, services, retail or social;- Are characterized by simple and intuitive business models and valuepropositions, and operate in markets or market segments featuring high growth potential;- Present a clear competitive advantage and high barriers-to-entry;- Are cash-generative in the medium term.Given that Embed Capital is not a closed-end fund, it doesn’t have specific time-constrains and it can assess on a project-by-project basis to determine the best time to sell a participation, and sign customized agreements with the entrepreneurs.

## Italian Angels for Growth
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 2
- Stages: Seed, Angel, Series A
- Focus: Software, E-Commerce, Health Care

IAG is an angel investor network that offers access to its affiliates to early-stage venture opportunities.  Its members to date have deployed over 22 million Euros to support 41 startups in the series seed/series A stage in many verticals, among which: Medtech, SAAS, e-commerce, Fintech, and high tech at large.  Every investment opportunityat IAG is vetted by a professional team together with expert members of the group.  Once invested, the company receives the support of up to two Investment champions, who bring their expertise to the table and help them succeed.

## Primo Capital
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Aerospace, Information Technology

Primo Capital is a venture capital firm focused on seed and early stage startups. The firm is a multi-fund investment company, with four different investment practices with dedicated funds on specialized strategies. Primo Capital invests in digital/software, new space, climate technology and healthcare.

## Boost Heroes
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Apps

Boost Heroes is an Italy-based holding company focusing on seed and early stage investments.

## RCS MediaGroup
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Beauty, Retail, Fitness

RCS MediaGroup S.p.A., based in Milan and listed on the Italian Stock Exchange is one of the world’s major multimedia publishing groups. RCS MediaGroup is active in all publishing sectors – from newspapers to magazines, books to TV and radio to new media – and among the leaders in terms of advertising sales and distribution. With 32% of RCSMediaGroup's turnover generated in foreign markets, they have a significant presence in particular in Spain, Portugal, USA, South America, UAE and China. In the future, RCS MediaGroup believes that culture, reliable information and communications will be increasingly important for all people and will play a crucial role in how society develops. The impact of this trend will be more dynamic, widespread and accessible than ever before thanks to continuous technological progress. RCS MediaGroup is at the forefront of publishing evolution, inspired by their principles and founding values and strengthened by the trust in their content, brands and writers. RCS MediaGroup's main objectives have always been to produce and propagate culture, information, services and entertainment, while respecting the principles of liberty, honesty and pluralism and driving innovation across all forms of communication.

## Net4Capital
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed
- Focus: EdTech, Fitness, Software

Net4Capital is a investment management company in private equity and venture capital.

## Vertis
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Computer, E-Commerce

Vertis is a dynamic and independent investment management company authorised by Bank of Italy. It manages five closed-end funds for qualified investors by participating in research projects, spin-offs, startups and PMI and deals with the investments of the innovative Made in Italy.

## Azimut Digitech Fund
- Type: VC Fund
- Location: Milano, Lombardia, Italy
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, Computer

Azimut Digitech Fund Was created as part of a partnership with the Gellify Group.

## Ligurcapital SpA
- Type: VC Fund
- Location: Genoa, Liguria, Italy
- Relevant deals: 1
- Stages: Seed
- Focus: Fashion, Internet, Fitness

Ligurcapital is a public and private joint venture that offers equity financing to companies in Liguria, Italy.

## Andrea Febbraio
- Type: Angel
- Location: Rome, Lazio, Italy
- Relevant deals: 1
- Stages: Seed
- Focus: Internet, Farming, Fitness

Venture Capitalist, Investor, Internet entrepreneur, International Speaker and Book Author.+15 years of experience in AdTech & Digital Advertising : I love to start-up international digital business, scale it and make them grow till the exit.Co-founder of Ebuzzing (now Teads) from 0 to 100M$ Revenues in 4 YearsFounder of PromoDigital// Sold It After 2 Years for 4x RevenuesCo-Author of the book "Viral Video: Content is King Distribution is Queen" & Co-Author of the Book "Buzz Marketing nei Social Media" Partner at Ariadne CapitalPro Speaker at London Speaker Bureauhttp://mariafranzoni.com/business-management/4471-andrea-febbraio// I LOVE TO MENTOR AWESOME TEAMS //Speaker at Major Digital Advertising events: Royal Institution of Great Britain, IAB Forum Milan, iStrategy London, iStrategy Amsterdam, Cannes Lions Advertising Festival, Dmexco Cologne, Inspirational Festival Madrid.Advisor http://www.luissenlabs.com/ Angel Portfolio: AdEspresso, Chupamobile, Beintoo, FiloVenture Portfolio: Money Dashboard, Oxygen, Bit X , Quill, Taggstar, SoundOut, Made Television, Orson & Co , Bloomy Days, Norwood SystemSenior Lecturer at :SDA Bocconi, LUISS Business School, Business School Il Sole 24 Ore, IED, NaBA, Master IAB Università Cattolica, Gambero Rosso

## Azimuth Capital Management
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Solar, Oil and Gas, Renewable Energy

Azimuth Capital is a leading private equity firm with almost 20 years of experience investing in energy transition, infrastructure, E&P and technology.

## Fernando Diana
- Type: Angel
- Location: Roma, Lazio, Italy
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: News, Local, Fitness

Fernando Diana - Manager - Acquisitions & Sales Management @ CityNews

## Exor Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Health Care, FinTech

Exor Ventures is the venture capital arm of Exor, one of Europe's largest diversified holding companies. Exor Ventures focuses on early and growth-stage investments in technology-driven companies across various sectors, including digital services, fintech, cybersecurity, and mobility. Exor Ventures leverages its strategic insights and globalnetwork to identify promising startups with disruptive potential and supports them through funding, mentorship, and access to its extensive resources. EXOR Seeds offers a truly different type of partnership to the select group of entrepreneurs that it backs:- As a fifth-generation family-led business, we proved that we are builders not traders;- Our permanent capital allows us to take a long-term view and put the interest of the companies We invest in first;- Our global network, across industries and geographies, is a unique advantage to entrepreneurs

## Limestone Capital AG
- Type: VC Fund
- Location: Zug, Zug, Switzerland
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Fitness, Wellness

Limestone Capital is the creator and manager of unique hotels rooted in its unique location and authentic architecture. A partnership between serial entrepreneurs and hospitality experts, Limestone Capital's core expertise is an ability to collaborate with original talent within the world of design, service, and food & beverage, and bringthem together in the creation of compelling new experiences that engage the communities around them. Limestone Capital's focus is the most dynamic cities in the world that allow for new immersive travel experiences.

## Andrea Rota
- Type: Angel
- Location: Milano, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: SaaS, Software, Real Estate

Andrea Rota is a Managing Director at Investors Club. He attended IMD (International Institute for Management Development).

## Archangel AdVenture
- Type: VC Fund
- Location: Rome, Lazio, Italy
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: FinTech, Finance, Fitness

L'investitore italiano che ti aiuta ad avviare la tua startup supportando progetti disruptive ad alto valore tecnologico.

## Growth Engine
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed, Secondary Market, Pre-Seed
- Focus: Software, E-Commerce, Information Technology

Growth Engine is a Venture Capital holding investing in Pre-Seed and Seed high-potential opportunities. With a current portfolio of more than 40 companies, most of them evolved in successful Scaleups, Growth Engine is a diversified asset class by sector and stage.
Growth Engine Shareholders are entrepreneurs who have built companies from the groundup, collectively creating billions in value, and top executives managing companies with multi-billion-dollar valuations.

## Cairo Communication
- Type: VC Fund
- Location: Milano, Lombardia, Italy
- Relevant deals: 1
- Stages: Series A
- Focus: Fitness, Software, Training

Cairo Communication is a company that carries activities in the communication sector as a publisher - television & books & a concessionaire.
