# Top 15 Fitness VC (Venture Capital) Funds 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## Sport Horizon Holding S.p.a. - Type: VC Fund - Location: Turin, Piemonte, Italy - Relevant deals: 1 - Stages: Seed, Convertible Note - Focus: Apps, Sports, Fitness Sport Tech Investment Company ## Limestone Capital AG - Type: VC Fund - Location: Zug, Zug, Switzerland - Relevant deals: 1 - Stages: Private Equity, Pre-Seed, Series A - Focus: Travel, Real Estate, Fitness 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.