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Top 50 Hardware Startup Investors in Italy (October 2026)

The most active venture capital funds and angel investors investing in Italy Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Italy Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
CDP Venture Capital
VC Fund
39 Italy, United States, Switzerland Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Health Care $483k–$23M
Primo Capital
VC Fund
29 Italy, United States, United Kingdom Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Aerospace $358k–$49M
Club degli Investitori
VC Fund
18 Italy, Switzerland, United Kingdom Seed, Series A, Pre-Seed Software, Health Care, E-Commerce $197k–$30M
360 Capital
VC Fund
15 France, Italy, United States Seed, Series A, Series B Software, E-Commerce, Artificial Intelligence $1.1M–$33M
Italian Angels for Growth
VC Fund
13 Italy, United States, United Kingdom Seed, Angel, Series A Software, E-Commerce, Health Care $219k–$14M
LIFTT
VC Fund
11 Italy, United Kingdom, France Seed, Series A, Venture - Series Unknown Biotechnology, Software, Health Care $338k–$118M
EUREKA! Venture SGR
VC Fund
10 Italy Seed, Venture - Series Unknown Nanotechnology, Manufacturing, Electronics $419k–$6.2M
Vertis
VC Fund
9 Italy, United States, United Kingdom Seed, Series A, Venture - Series Unknown Software, Health Care, Biotechnology $823k–$25M
e-Novia
VC Fund
9 Italy Seed, Pre-Seed Software, Robotics, Electronics $240k–$1.3M
Club Italia Investimenti 2
VC Fund
9 Italy, United States, United Kingdom Seed, Venture - Series Unknown, Pre-Seed E-Commerce, Software, Mobile $55k–$8.2M
Invitalia
VC Fund
8 Italy, Sweden, Luxembourg Grant, Debt Financing, Seed Software, Artificial Intelligence, Information Technology $20k–$2.1M
Invitalia Ventures
VC Fund
8 Italy, United States, United Kingdom Series A, Seed Software, Medical, B2B $292–$6.2M
Cassa Depositi e Prestiti
VC Fund
8 Italy, Turkey, United Arab Emirates Debt Financing, Post-IPO Debt, Pre-Seed Manufacturing, Energy, Software $71k–$437M
GELLIFY
VC Fund
7 Italy, United Kingdom, United States Seed, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $196k–$9.7M
TIM Ventures
VC Fund
7 Italy, United States, Malaysia Seed, Pre-Seed, Series A Internet, Software, SaaS $44k–$7.5M
RedSeed Ventures
VC Fund
7 Italy, Israel, United States Seed, Series A, Series B Software, Information Technology, Analytics $669k–$16M
UniCredit
VC Fund
7 Italy, Germany, United States Debt Financing, Post-IPO Debt, Pre-Seed Renewable Energy, Energy, Manufacturing $197k–$2.1B
Principia SGR
VC Fund
7 Italy, United States, United Kingdom Series A, Venture - Series Unknown Health Care, Biotechnology, Software $1.5M–$9.9M
P101
VC Fund
7 Italy, Spain, United States Seed, Series A, Venture - Series Unknown Software, E-Commerce, Information Technology $270k–$15M
Growth Engine
VC Fund
6 Italy, Mexico, Portugal Seed, Secondary Market, Pre-Seed E-Commerce, Software, Artificial Intelligence $300k–$4.2M
Azimut Digitech Fund
VC Fund
6 Italy, San Marino, United Kingdom Series A, Seed, Series B Software, Information Technology, Computer $2M–$35M
Sequoia Capital
VC Fund
5 United States, China, India Series A, Series B, Seed Software, Artificial Intelligence, Information Technology $1.2M–$100M
Galaxia
VC Fund
5 Italy, Germany, United Kingdom Seed Aerospace, Energy, Software $1.1M–$3.8M
RoboIT
VC Fund
4 Italy Seed, Series A, Pre-Seed Manufacturing, Robotics, Artificial Intelligence $867k–$81M
Atlante Ventures
VC Fund
4 Italy, United States, Israel Seed, Series A Software, Hardware, Biotechnology $150k–$3.5M
Intesa Sanpaolo
VC Fund
4 Italy, United Kingdom, United States Debt Financing, Post-IPO Debt, Seed Energy, Manufacturing, Renewable Energy $16k–$2.5B
Tech4Planet
VC Fund
4 Italy Seed, Pre-Seed Renewable Energy, Energy, Manufacturing $313k–$8.3M
EISMEA
VC Fund
4 Spain, Italy, United Kingdom Grant, Venture - Series Unknown, Seed Manufacturing, Software, Biotechnology $53k–$2.6M
Embed Capital
VC Fund
4 Italy, Switzerland, United Kingdom Seed, Venture - Series Unknown, Pre-Seed Information Technology, Mobile, Software $130k–$2.1M
40Jemz Ventures
VC Fund
4 Italy Seed, Pre-Seed, Series A Artificial Intelligence, Computer, Software $338k–$4.2M
Fabrick
VC Fund
4 Italy, Germany, United States Seed, Series A, Series B FinTech, Financial Services, Software $279k–$20M
SIMEST
VC Fund
4 Italy, San Marino, Saudi Arabia Series A, Series B, Venture - Series Unknown Manufacturing, FinTech, Aerospace $4.1M–$24M
Francesco Giartosio
Angel
4 Italy Seed Mobile, Sports, Hardware $241k–$568k
The Techshop
VC Fund
4 Italy, Portugal, Switzerland Seed, Pre-Seed, Series A Artificial Intelligence, Software, FinTech $322k–$120M
Cysero
VC Fund
3 Italy, United States Seed, Venture - Series Unknown, Pre-Seed Robotics, Information Technology, Industrial $1.4M–$5.5M
035 Investimenti
VC Fund
3 Italy Seed, Series A, Convertible Note Manufacturing, SaaS, Handmade $1.2M–$3.8M
Neva SGR
VC Fund
3 Italy, United States, Israel Series B, Series A, Series C Software, FinTech, Information Technology $6M–$141M
Pariter Partners
VC Fund
3 Italy, Switzerland Seed, Venture - Series Unknown, Pre-Seed Artificial Intelligence, Electronics, Biotechnology $796k–$1.6M
Farming Future
VC Fund
3 Italy Seed, Pre-Seed Agriculture, AgTech, Hardware $657k–$2.3M
dPixel
VC Fund
3 Italy, United States, Brazil Seed, Pre-Seed Financial Services, FinTech, Software $100k–$1.1M
Toscana Next Fund
VC Fund
3 Italy Series A, Seed Manufacturing, Robotics, Electronics $1.6M–$6.1M
EXOR N.V.
VC Fund
3 United States, Italy, United Kingdom Seed, Series A, Pre-Seed Software, Health Care, Artificial Intelligence $320k–$55M
PranaVentures
VC Fund
3 Italy, India Seed, Pre-Seed, Series A SaaS, Tourism, Internet $1.8k–$16M
Fabio Mondini de Focatiis
Angel
3 Italy, France, United Kingdom Seed, Pre-Seed, Equity Crowdfunding E-Commerce, Retail, Internet $318k–$3.3M
Unruly Capital
VC Fund
3 United Kingdom, United States, Germany Seed, Pre-Seed, Venture - Series Unknown Biotechnology, Artificial Intelligence, CleanTech $908k–$55M
Fondazione Social Venture Giordano dell'Amore
VC Fund
3 Italy, Mexico Venture - Series Unknown, Seed, Pre-Seed Health Care, Software, Information Technology $29k–$841k
FITEC
VC Fund
3 Italy, United Kingdom Private Equity, Series B, Series C Information Technology, Software, Manufacturing $8.2M–$100M
Creative Thinking Ventures
VC Fund
3 Italy Seed, Pre-Seed E-Commerce, SaaS, Tourism $27k–$166k
Game Seer Venture Partners
VC Fund
3 Spain, Canada, France Venture - Series Unknown, Seed Gaming, Video Games, PC Games $250k–$3.4M
Brembo Ventures
VC Fund
3 Italy, United States Seed, Series A Information Technology, Software, Consulting $6M–$6M
Access all 511 investors in Italy Hardware startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

CDP Venture Capital
VC Fund · Rome, Lazio, Italy · 39 investments in Italy Hardware startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Italy, United States, Switzerland

Investor stats

  • Total investments: 301
  • Round size: Seed $483k–$8.1M; Series A $3.3M–$23M; Venture - Series Unknown $652k–$16M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $212M in 2021

Portfolio highlights

  • Evja — Evja supports growers in optimizing the management and monitoring of irrigation, nutrition and protection of their crops through the use of OPI, the most advanced system for precision agriculture .
  • Aptadir Therapeutics — Reprogramming DNA methylation in disease conditions by RNA therapeutics APTADIR Contact us NEWS Press Release Reprogramming DNA methylation by RNA therapeutics A novel therapeutic approach for untreatable cancers and rare diseases Aberrant methylation by DNA methyltransferase 1 (DNMT1) of certain genes may cause abnormal cell development and lead to disease. Current therapies targeted to inhibit
  • 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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Primo Capital
VC Fund · Milan, Lombardia, Italy · 29 investments in Italy Hardware startups, 11 in the past 12 months

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Aerospace
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 111
  • Round size: Seed $358k–$5.4M; Series A $3.4M–$28M; Venture - Series Unknown $1.8M–$49M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $48M in 2024

Portfolio highlights

  • Archimede — Deep tech company based in Sicily #archmesh is our satellite kit
  • Mirai Robotics — Autonomy and intelligence for the seas. We're building software-defined autonomous systems and AI platforms that unify vessels, sensing, and command at sea.
  • Quantum Bridge — Quantum Bridge is a pioneer in Distributed Symmetric Key Exchange (DSKE) technology. It offers quantum-safe cybersecurity products and services. Quantum-safe product and services, Quantum-safe roadmap and quantum-safe solutions implementation.
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Club degli Investitori
VC Fund · Torino, Piemonte, Italy · 18 investments in Italy Hardware startups, 7 in the past 12 months

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.

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Italy, Switzerland, United Kingdom

Investor stats

  • Total investments: 118
  • Round size: Seed $197k–$8.4M; Pre-Seed $204k–$1.9M; Series A $889k–$30M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Soource — Soource is a B2B Saas product that uses AI applications to help purchasing managers to discover the best market solutions through extensive global research and automated email negotiations with thousands of suppliers worldwide.
  • Comestai — Comestai focuses on digital and in-person treatment pathways for people with eating disorders. The company operates a hybrid care model that combines online consultations with psychologists, psychotherapists, psychiatrists, and clinical dietitians and access to physical clinical spaces. It offers virtual multidisciplinary therapy programs tailoredto individuals and families, with structured assessments and follow-up sessions. Comestai also develops corporate welfare programs that provide counseling groups, psychoeducational tools, and consultation modules for employees in partner organizations. Through its La Palestra di Animenta branch, it delivers structured professional training, including multi-module courses and continuing medical education pathways for clinicians treating eating disorders. Comestai additionally produces digital educational content such as the Hilde newsletter to support families and caregivers with practical information and clinical guidance about eating disorders.
  • Aptadir Therapeutics — Reprogramming DNA methylation in disease conditions by RNA therapeutics APTADIR Contact us NEWS Press Release Reprogramming DNA methylation by RNA therapeutics A novel therapeutic approach for untreatable cancers and rare diseases Aberrant methylation by DNA methyltransferase 1 (DNMT1) of certain genes may cause abnormal cell development and lead to disease. Current therapies targeted to inhibit
Show all investments...

360 Capital
VC Fund · Paris, Ile-de-France, France · 15 investments in Italy Hardware startups, 19 in the past 12 months

As an early-stage European VC, we invest from pre-seed to Series B in Deep Tech, Climate Tech, and Digital-First solutions. Embrace sustainable technological progress with us. Stay updated on the latest tech trends and portfolio news. We invest in the future now.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: France, Italy, United States

Investor stats

  • Total investments: 251
  • Round size: Seed $1.1M–$8.2M; Series A $3.3M–$18M; Series B $6.6M–$33M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fresh fund, raised $98M in 2026

Portfolio highlights

  • Tundr — Tundr combines technology with environmentally friendly mobility. TundrMove is the first sustainable mobility voucher. A winning combination for improving workplace quality of life while also redefining the concept of green mobility. The ecosystem includes a SmartCard, on which it will be possible to load mobility vouchers and a brand new App toexplore more ecological and sustainable modes of transport and estimate CO2 emissions.
  • Talentware — Talentware is the platform that lets you manage your company and people by putting skills first: boosting engagement, talent retention, and productivity.
  • BYNARIO — BynarIO develops an AI-driven cybersecurity platform focused on automated binary analysis and application security testing. The company builds an autonomous security pipeline that examines compiled binaries without requiring access to source code. Its technology targets closed-source environments, legacy software components, and complex third-partysoftware supply chains. The platform uses AI agents to scale testing across large codebases, mapping control states and identifying hidden vulnerabilities such as memory corruption issues and race conditions. BynarIO applies responsible disclosure practices, validating and supporting remediation of discovered issues in widely used software stacks. By converting low-level binary structures into actionable security findings, it supports security teams in strengthening vulnerability management and software assurance processes.
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Italian Angels for Growth
VC Fund · Milan, Lombardia, Italy · 13 investments in Italy Hardware startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Angel, Series A
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 106
  • Round size: Seed $331k–$5.1M; Angel $219k–$987k; Series A $3M–$14M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Cato AI — Search, analyze and bid on Italian public tenders with AI, automating the manual work for bid offices and sales teams.
  • AUDIOGEN — Generate your sounds with AI. Create an infinite world of sounds - sound effects, samples, and music, instantly. Get Started Free.
  • Alomana — Autonomous systems for enterprise
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LIFTT
VC Fund · Turin, Piemonte, Italy · 11 investments in Italy Hardware startups

A not-only-profit operating investment company, eager to create a bridge between innovative ideas, territory and capital.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Italy, United Kingdom, France

Investor stats

  • Total investments: 75
  • Round size: Seed $338k–$4.7M; Series A $2.8M–$21M; Venture - Series Unknown $495k–$118M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • CareGlance — CareGlance is the provider of real-time monitoring systems based on SS-OCT technology. Fast, precise and developed for the industry!
  • Rainbow Crops — Rainbow Crops is a next-generation Agtech company developing climate-resilient, high-performing crop varieties.
  • Wearable Robotics — Wearable Robotics produces and develops wearable robotic systems and exoskeletons for rehabilitation, assistance and human-power augmentation.
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EUREKA! Venture SGR
VC Fund · Milano, Lombardia, Italy · 10 investments in Italy Hardware startups

Eureka! is the first independent Italian venture capital Asset Management company exclusively focused on deep tech investments

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Investment focus

  • Industry: Nanotechnology, Manufacturing, Electronics
  • Stage:Seed, Venture - Series Unknown
  • Geography: Italy

Investor stats

  • Total investments: 38
  • Round size: Seed $419k–$4.1M; Venture - Series Unknown $2.2M–$6.2M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • BeNewtral — Il futuro delle costruzioni rispetta l'ambiente
  • CareGlance — CareGlance is the provider of real-time monitoring systems based on SS-OCT technology. Fast, precise and developed for the industry!
  • BeDimensional — New Material Solution
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Vertis
VC Fund · Milan, Lombardia, Italy · 9 investments in Italy Hardware startups, 10 in the past 12 months

Capitali e competenze per accelerare l'innovazione. Attraverso fondi di investimento chiusi investiamo in startup, scaleup e PMI innovative

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 76
  • Round size: Seed $823k–$4M; Series A $1.5M–$11M; Venture - Series Unknown $1.1M–$25M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $49M in 2021

Portfolio highlights

  • Clastix — Kubernetes multi-tenancy made easy
  • Tiledesk — Boost customer engagement with Tiledesk. Discover our conversational automation ready to use. Personalized experiences, improved conversion and retention.
  • Comestai — Comestai focuses on digital and in-person treatment pathways for people with eating disorders. The company operates a hybrid care model that combines online consultations with psychologists, psychotherapists, psychiatrists, and clinical dietitians and access to physical clinical spaces. It offers virtual multidisciplinary therapy programs tailoredto individuals and families, with structured assessments and follow-up sessions. Comestai also develops corporate welfare programs that provide counseling groups, psychoeducational tools, and consultation modules for employees in partner organizations. Through its La Palestra di Animenta branch, it delivers structured professional training, including multi-module courses and continuing medical education pathways for clinicians treating eating disorders. Comestai additionally produces digital educational content such as the Hilde newsletter to support families and caregivers with practical information and clinical guidance about eating disorders.
Show all investments...

e-Novia
VC Fund · 9 investments in Italy Hardware startups

Investment focus

  • Industry: Software, Robotics, Electronics
  • Stage:Seed, Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 16
  • Round size: Seed $317k–$1.3M; Pre-Seed $240k–$318k
  • Lead/follow: 81% lead, 19% follow

Portfolio highlights

  • Blubrake — blubrake is a leading company that develops and produces advanced mechatronic systems focused on braking and sensing applications for bicycles, in particular e-bikes. The company developed the only ABS (anti-lock braking system) for e-bikes that can be fully integrated inside the frame and that can drastically increase safety on every kind ofe-bikes, from city to mountain, from trekking to cargo. A light and invisible technology that can assure a safer and more enjoyable cycling experience.
  • Blimp — Blimp has developed the Head-Counter device to collect real-time data on people and vehicles flows in the physical world, either outdoor or indoor. Blimp Head-Counter processes sampled images in real-time to extract the audience volume and sociodemographic distribution (gender, age and emotional state) up to a 60 meters range in the standardversion. The proprietary technology is privacy compliant as the image processing is executed directly on the device, transmitting only the aggregated and anonymized data to the cloud.
  • Existo S.r.l. — GRABSLOT menghadirkan ribuan permainan seru dalam satu platform lengkap dan praktis, dirancang untuk memberikan pengalaman hiburan online yang lebih seru, cepat, dan menyenangkan setiap saat.
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Club Italia Investimenti 2
VC Fund · Milan, Lombardia, Italy · 9 investments in Italy Hardware startups

Club Italia Investimenti is a Milan-based venture capital firm that assists startups in raising seed capital.

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Investment focus

  • Industry: E-Commerce, Software, Mobile
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 85
  • Round size: Seed $55k–$576k; Pre-Seed $69k–$219k; Venture - Series Unknown $686k–$8.2M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: May invest from a new fund soon — raised $6.6M in 2013

Portfolio highlights

  • UNGUESS (formerly AppQuality) — UNGUESS is the crowdsourcing platform for effective testing and real insights. Take the guesswork out of your work.
  • Paragraph — Paragraph's agent turns your company context into posts, newsletters, social campaigns, and landing pages, then ships the work you approve.
  • La Passione — High quality Italian Road and Urban cycling wear at fair prices. We use only the finest materials and sell direct to you with no middleman. Shop now!
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Invitalia
VC Fund · Roma, Lazio, Italy · 8 investments in Italy Hardware startups, 6 in the past 12 months

Invitalia, the National Agency for inward investment promotion and enterprise development, is mandated by the Italian government to increase the country's competitiveness, particularly in the South, and to support strategic sectors for development. Its main objectives are: Supporting innovation and growth of the productive system - support theinvestment programs of new business or already underway through a package of instruments between them complementary, capable of increasing the competitiveness of companies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Grant, Debt Financing, Seed
  • Geography: Italy, Sweden, Luxembourg

Investor stats

  • Total investments: 60
  • Round size: Seed $468k–$2M; Grant $20k–$1.1M; Debt Financing $187k–$2.1M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • NEOCAD — NEOCAD usa l'intelligenza artificiale per cercare, riutilizzare e valorizzare i file CAD del tuo ufficio tecnico. Riduci i tempi di progettazione fino al 60%. Richiedi una demo.
  • ReneSys ENERGY — Next Generation Battery Technology and Manufacturing
  • Moov — We innovate mobility from every angle!
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Invitalia Ventures
VC Fund · Rome, Lazio, Italy · 8 investments in Italy Hardware startups

Invitalia Ventures SGR manages the “Italia Venture Fund I”, a 87€/Ml sized co-investment fund that invests in early stage operations in Italy. They co-invest up to a maximum of 70% in round A (€ 0.5ML - € 1.5ML) in high growth sectors. Invitalia Ventures, with its network of co-investors not only provides risk capital, but also know-how and anetwork for business development. Main LPs includes the Ministery of Economic Development, the European Investment Bank, Cisco Group, the Sardinian Banking Foundation and Metec Group.They are looking for visionary entrepreneurs who share their passion for innovation. Growth is their mission!!For more information please contact us at info@invitaliaventures.it or visit our website: www.invitaliaventures.it

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Investment focus

  • Industry: Software, Medical, B2B
  • Stage:Series A, Seed
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $292–$1.6M; Series A $900k–$6.2M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $103M in 2017

Portfolio highlights

  • Ecomate — The ESG Rating platform for every company
  • BigProfiles — BigProfiles is an Artificial Intelligence Platform designed for Utilities, Telcos, Banks, Insurance companies and Retails.Large companies such as Teleperformance, Eni, Unicef already have already successfully subscribed to our services.BigProfiles is the No-Code Artificial Intelligence Platform for sales and antichurn that predicts thelikelihood to purchase and churn of each customer in a CRM, before proceeding to contact him in a sales or retention campaign.
  • Codemotion — 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 350speakers 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.
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Cassa Depositi e Prestiti
VC Fund · Rome, Lazio, Italy · 8 investments in Italy Hardware startups, 18 in the past 12 months

The CDP Group is a joint-stock company that supports economic development through financing and investment. It provides funding for public infrastructure, businesses, and strategic projects in key sectors such as energy, transportation, and digital innovation. CDP also invests in venture capital, private equity, and sustainable initiatives tofoster long-term growth. The institution works with governments, financial entities, and enterprises to promote economic stability and innovation.

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Investment focus

  • Industry: Manufacturing, Energy, Software
  • Stage:Debt Financing, Post-IPO Debt, Pre-Seed
  • Geography: Italy, Turkey, United Arab Emirates

Investor stats

  • Total investments: 66
  • Round size: Pre-Seed $71k–$489k; Post-IPO Debt $12M–$437M; Debt Financing $5.7M–$288M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Kortimed — Kortimed has been offering a wide range of logistics solutions for the transport of consumer liquids (oil, wine, milk and fruit juices),in the Mediterranean, Italy and Europe.
  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
  • Polo Strategico Nazionale — Scopri Polo Strategico Nazionale: il cloud sovrano per la gestione dei dati e servizi della Pubblica Amministrazione italiana.
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GELLIFY
VC Fund · Bologna, Emilia-Romagna, Italy · 7 investments in Italy Hardware startups

GELLIFY is the first innovation platform that invests in B2B digital software startups and connects them to traditional companies with the purpose of innovating their processes, products and business models, through Open Innovation.We make B2B software digital startups grow from the early stage, that we call the liquid state, to the solid one,thanks to our innovative process called "Gellification".A company which is looking to innovate can partner with GELLIFY to leverage all critical capabilities for digital transformation and focus on these specialties: Entrepreneurship, Sales & Marketing, Phygital Factory & Operations, Smart Technology and Smart Human. GELLIFY has also built a B2B Innovation Community, called “EXPLORE”, whose aim is to connect entrepreneurs, innovators and professionals through B2B events and phygital experiences.We operate globally from the following locations: Italy, United Arab Emirates, Spain and Portugal.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Italy, United Kingdom, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $196k–$9.7M; Series A $1.8M–$6M; Venture - Series Unknown $589k–$7.1M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • BizAway — BizAway is the corporate travel management platform trusted by 2,000+ companies worldwide. Simplify business travel booking, policy compliance, and expense management with smart technology and 24/7 real human support.
  • Deliveristo — B2B Foodtech marketplace and delivery platform which allows chefs and restaurant owners to digitally organize their orders directly from farmers and distributors
  • CercaOfficina — Cercaofficina.it is the online portal that helps you compare quotes for some mechanical repairs and bodywork on your car. By cutting the revision, from small tweaks body to replace the brake pads, the tire change, change Installation system oil LPG / CNG.
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TIM Ventures
VC Fund · Rome, Lazio, Italy · 7 investments in Italy Hardware startups

TIM Ventures prefers to invest in the internet, digital life, mobile evolution, e-learning, and green technology sectors. The company provides startups with consulting services and support. It selects companies that exploit disruptive technologies, with particular attention to enterprise applications, digital life, and telecommunications.

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Investment focus

  • Industry: Internet, Software, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Italy, United States, Malaysia

Investor stats

  • Total investments: 20
  • Round size: Seed $109k–$768k; Pre-Seed $44k–$110k; Series A $1.5M–$7.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Webidoo — Scopri il Webidoo AI Operating System per il Business, il layer operativo che potenzia le imprese e guida l'innovazione tecnologica nel B2B.
  • Satispay — Satispay: l'app per i pagamenti di tutti i giorni. Scopri i servizi per pagare e risparmiare, gli strumenti per il Business e i prodotti Welfare per aziende.
  • SonoBee Ultrasound — As Malaysia's most trusted ultrasound and health screening centre, we combine expert radiologists with advanced imaging for precise results. Experience care you can rely on. Book your appointment.
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RedSeed Ventures
VC Fund · Milano, Lombardia, Italy · 7 investments in Italy Hardware startups

RedSeed Ventures is a Venture Capital firm investing in Early Stage Companies and Scaleups, in Europe and more particularly in Italy.

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Investment focus

  • Industry: Software, Information Technology, Analytics
  • Stage:Seed, Series A, Series B
  • Geography: Italy, Israel, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $669k–$12M; Series A $1.1M–$16M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Leaf Space — Leaf Space offers a global network of ground stations, providing seamless, cost-effective satellite communication with scalable solutions for all mission sizes.
  • Yope — Salo is a discussion platform that erases the borders for people with diverse opinions to let anyone speak up and be heard.
  • CyberRidge — CyberRidge is a deep-tech cybersecurity firm that develops photonic encryption to protect data privacy.
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UniCredit
VC Fund · Milan, Lombardia, Italy · 7 investments in Italy Hardware startups

UniCredit is a pan-European commercial bank offering unique banking services in Italy, Germany, Central and Eastern Europe.

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Investment focus

  • Industry: Renewable Energy, Energy, Manufacturing
  • Stage:Debt Financing, Post-IPO Debt, Pre-Seed
  • Geography: Italy, Germany, United States

Investor stats

  • Total investments: 154
  • Round size: Pre-Seed $197k–$197k; Post-IPO Debt $44M–$2.1B; Debt Financing $552k–$913M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Ludoil — Ludoil is an energy company that offers production, storage, logistics, and marketing services for oil products
  • Banxware — Banxware provides the technology and the funds for business financing of any kind: fully embedded in your platform or as an affiliate solution - all managed by Banxware
  • Encavis — The Encavis AG is listed in the SDAX segment of the German stock exchange and is a producer of electricity from renewable energy sources. As one of the leading independent power producers, They acquire and operate solar and wind parks throughout Europe. Their plants generate stable returns and make an important contribution to safe and clean energysupplies.
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Principia SGR
VC Fund · Milan, Lombardia, Italy · 7 investments in Italy Hardware startups

Principia is an Italian Venture Capital firm with over Eur 80M under management. Currently Principia has two funds investing in digital start ups and expansion capital opportunities and in particular cases, we invest also in seed opportunities.

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Investment focus

  • Industry: Health Care, Biotechnology, Software
  • Stage:Series A, Venture - Series Unknown
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Series A $1.5M–$7.9M; Venture - Series Unknown $7.2M–$9.9M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2014

Portfolio highlights

  • KLISBio — KLISBio is a clinical-stage regenerative medicine company focused on developing innovative technology platforms based entirely on natural silk fibroin. The company, headquartered in Milan, Italy, currently has several assets under development, such as vascular graft, bone graft substitutes, rotator cuff repair, drug release, and a first-in-humanstudy on nerve repair that is ongoing at the University of Zurich, Switzerland
  • ENTEROME — We are a clinical stage biopharmaceutical company developing novel drugs to transform human health based on our unique ability to de-code molecular interactions in the gut microbiome.
  • WISE — WISE (Wiringless Implantable Stretchable Electronics) is a start-up company created in 2011 with the mission of producing the new generation of leads for neuromodulation for treatment of chronic pain and Parkinson: unbreakable, less invasive and cheaper.
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P101
VC Fund · Milan, Lombardia, Italy · 7 investments in Italy Hardware startups, 7 in the past 12 months

P101 is an Italian venture capital firm focused on early-stage investments in the digital sector. Agreement to handle personal data I agree I don't agree

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Italy, Spain, United States

Investor stats

  • Total investments: 121
  • Round size: Seed $270k–$4M; Series A $2.3M–$15M; Venture - Series Unknown $721k–$8.2M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: Likely still investing — raised $265M in 2022

Portfolio highlights

  • Biorsaf — Biorsaf is an IT company that develops mobile apps and web control panels to assist companies to bring efficiency to their operations.
  • Cosmico — We are the platform connecting digital talents with the most ambitious companies, using remote work.We have over 8,000 members and our talents have accelerated dozens of projects alongside big names like Accenture Song, Tangity, Frog, Fjord, Sketchin, EY but also aggressive start-ups like Scalapay, Gimme5, Flowe, Unguess.If you are a digitalprofessional: we offer you a community in which to grow your talent through experiences, networks and cosmic projects.If you are a company: we offer you access to a community of designers, developers and marketers from which to select the talents to accelerate your digital transformation projects. Whether you are a manager or a digital professional, Cosmico is here to help you find your space
  • A-Cube — A-Cube API: la piattaforma globale per la Tax Compliance. Integra la fatturazione elettronica e gli obblighi fiscali in ogni ERP o e-commerce in Italia e nel mondo.
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Growth Engine
VC Fund · Milan, Lombardia, Italy · 6 investments in Italy Hardware startups

Growth Engine is a sector-agnostic VC holding, investing from Pre-Seed to Pre-Series A. Thesis-driven and built on one conviction: exceptional founders win.

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Investment focus

  • Industry: E-Commerce, Software, Artificial Intelligence
  • Stage:Seed, Secondary Market, Pre-Seed
  • Geography: Italy, Mexico, Portugal

Investor stats

  • Total investments: 48
  • Round size: Seed $329k–$4.2M; Pre-Seed $300k–$1.7M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Holifya — Holifya offre test del DNA avanzati e piani di salute personalizzati per ottimizzare nutrizione, metabolismo, performance sportive e prevenzione. Con un unico test, scopri intolleranze, rischi genetici e strategie su misura per migliorare il benessere, tutto comodamente da casa.
  • CiaoDott — Automatizza le telefonate, prenotazioni e FAQ del tuo studio medico con CiaoDott, l'assistente vocale AI disponibile 24/7. Provalo gratis.
  • Vivaio Ventures — Vivaio Ventures partners with early-stage and creator-led consumer brands to scale food, beverage, and beauty products. We offer capital, consulting, and Made in Italy manufacturing excellence for the next CPG leaders.
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Azimut Digitech Fund
VC Fund · Milano, Lombardia, Italy · 6 investments in Italy Hardware startups

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

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Investment focus

  • Industry: Software, Information Technology, Computer
  • Stage:Series A, Seed, Series B
  • Geography: Italy, San Marino, United Kingdom

Investor stats

  • Total investments: 20
  • Round size: Seed $2M–$16M; Series A $6M–$35M; Series B $18M–$24M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • BKN301 — Scopri tutti i servizi dedicati a privati, aziende ed esercenti. Accedi all'area riservata.
  • Subbyx — Subbyx provides long-term subscriptions for technology products and small home appliances.
  • DRONUS — Dronus provides inspection, safety, and smart city capabilities from an innovative, minimally invasive base that guarantees the drone's flight stability and safety during take-off and landing, even in difficult climatic conditions.
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Sequoia Capital
VC Fund · Menlo Park, California, United States · 5 investments in Italy Hardware startups

We help the daring build legendary companies from idea to IPO and beyond.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, China, India

Investor stats

  • Total investments: 2505
  • Round size: Seed $1.2M–$14M; Series A $6M–$50M; Series B $11M–$100M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Despegar — Despegar operates as an online business-to-consumer travel agency that focuses on the Portuguese and Spanish speaking markets. It enables people to research travel plans, check flight availability, book airline, and hotel and car rental reservations online, as well as offer travel-related services, including access to airlines, car rentalcompanies, and hotels and vacation packages. The company serves the leisure and corporate travelers. It operates in Argentina, Brazil, Chile, Colombia, Mexico, Uruguay, Venezuela, Spain, and the United States. The company was founded in 1999 and is based in Miami, Florida.
  • Medallion — Provider credentialing and enrollment reimagined. Accelerate time-to-revenue, stay compliant, and scale provider operations, without adding headcount, through automated credentialing and enrollment.
  • Decolar.com — Decolar.com is an online travel agency that offers complete travel services, including tickets, tour packages, accommodation, and car rental. Since 1999, more than 2,000,000 people have bought their air tickets through this platform.Decolar.com is present in 21 countries, including Argentina, the U.S., and Spain. It has a partnership of more than500 airlines and 150,000 hotels worldwide. When purchasing an airline ticket or travel package, Decolar.com’s customers also receive discounts at restaurants and shops in the chosen destination, plus 10% discount on purchases in Duty Free.Decolar.com was launched in 1999 and is based in Guarulhos, Sao Paulo.
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Galaxia
VC Fund · Rome, Lazio, Italy · 5 investments in Italy Hardware startups

Galaxia is the national aerospace technology transfer Hub offers investment services. It is launched by CDP Venture Capital’s Technology Transfer Fund together with Obloo Ventures.

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Investment focus

  • Industry: Aerospace, Energy, Software
  • Stage:Seed
  • Geography: Italy, Germany, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Seed $1.1M–$3.8M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • OhmSpace — OhmSpace provides the satellite market with reliable resistojets.
  • ORiS — ORiS (Orbital Recharge in Space) develops laser-based wireless power transmission to extend the autonomy of satellites, drones, and lunar habitats.
  • AdapTronics — AdapTronics is a deep-tech startup that produces adaptive mechatronic devices to make logistics sustainable on Earth and in space. Its adaptive mechatronics technology offers an alternative based on a multifunctional electrostatic membrane that allows the gripping and manipulation of objects of any shape. In addition, it offers a thin-filmtechnology with sensor capabilities that becomes adhesive when electrically activated.
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RoboIT
VC Fund · 4 investments in Italy Hardware startups

RoboIT is the National Technology Transfer Hub for Robotics and Industrial Automation.

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Investment focus

  • Industry: Manufacturing, Robotics, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 10
  • Round size: Seed $867k–$81M; Series A $5.8M–$6M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • K3RX — K3RX products for thermal protection systems of the next generation of hypersonic vehicles and rocket motor inserts of satellite launchers demonstrate their performance. K3RX manufactures tiles in uhtcmc material, rocket nozzles, screws, nuts, and support mechanical connectors.
  • Wearable Robotics — Wearable Robotics produces and develops wearable robotic systems and exoskeletons for rehabilitation, assistance and human-power augmentation.
  • Generative Bionics — Generative Bionics develops humanoid robots that integrate robotics, advanced artificial intelligence, and design for safe, reliable operation in real-world industrial environments.​
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Atlante Ventures
VC Fund · Milano, Lombardia, Italy · 4 investments in Italy Hardware startups

Atlante Ventures is a leading Italian VC fund, operated by IMI Fondi Chiusi SGR, part of Intesa Sanpaolo Group.

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Investment focus

  • Industry: Software, Hardware, Biotechnology
  • Stage:Seed, Series A
  • Geography: Italy, United States, Israel

Investor stats

  • Total investments: 46
  • Round size: Seed $150k–$3.5M; Series A $1.5M–$3.4M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2007

Portfolio highlights

  • ADmantX — A NEW ERA OF AUDIENCE TARGETINGADmantX is a contextual analysis and data provider that brings audience targeting to a new level. Awarded patent for semantic advertising technology, the company offers a cookie-less solution that allows publishers, ad networks and exchanges, brand managers and agencies to develop more effective online adcampaigns leveraging semantic understanding, natural language processing and sentiment analysis. Founded in Italy as a spin-off of the leading semantic company Expert System, ADmantX is active in Europe and US. Worldwide customers include NBCUniversal, Integral Ad Science, Networked Insights, Banzai, Cadreon, Amnet, Sojern, Media IQ and ADmantX solutions are integrated in key DSP players such as Turn, Adform and AppNexus.
  • YOGITECH — Notizie e approfondimenti di Tecnologia
  • Expert.ai — Expert.ai is the premier artificial intelligence platform for language understanding.
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Intesa Sanpaolo
VC Fund · Torino, Piemonte, Italy · 4 investments in Italy Hardware startups, 22 in the past 12 months

Apri il conto in pochi minuti e scegli il piano adatto a te.

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Investment focus

  • Industry: Energy, Manufacturing, Renewable Energy
  • Stage:Debt Financing, Post-IPO Debt, Seed
  • Geography: Italy, United Kingdom, United States

Investor stats

  • Total investments: 150
  • Round size: Seed $16k–$2.8M; Post-IPO Debt $112M–$2.5B; Debt Financing $2.7M–$1000M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Windrose Holding — Windrose Holding operates as a dedicated special-purpose sub-holding company that manages a clean energy.
  • Mater Private hospital — Mater Private are proud to offer some of the most technologically advanced treatment options in the country and have pioneered many major developments in the delivery of healthcare in Ireland.Their team of over 300 leading consultants bring their patients from all over the country to their facilities with the highest confidence in the standard ofcare they can offer.
  • Econergy Renewable Energy — Econergy to create, own, and manage utility-scale renewable energy projects, guided by in-depth knowledge of the industry, regulations, and technology at each crucial stage, from creation to supply
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Tech4Planet
VC Fund · 4 investments in Italy Hardware startups

Tech4Planet was created to facilitate market access and the growth of new companies conceived within research laboratories dedicated to environmental sustainability, particularly in the energytech, circular economy, sustainable manufacturing, smart mobility, and water management sectors.With a total investment of up to 55 million euros allocatedby the Technology Transfer Fund of CDP Venture Capital Sgr , the Tech4Planet Pole was created in collaboration with the Milan Polytechnic and involves the Polytechnics of Turin and Bari .

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Investment focus

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

Investor stats

  • Total investments: 14
  • Round size: Seed $918k–$8.3M; Pre-Seed $313k–$1.9M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Finapp — Finapp is an innovative startup that produces a new generation of CRNS probes that allow measuring the water content. Water in the ground, then soil moisture, water out of the ground, then in the biomass, water in the snow, then snow water equivalent. The applications are really many, such as the research of water losses along aqueducts,hydrological and hydraulic modeling, estimates of hydroelectric energy but mainly agricultural ones.
  • BeNewtral — Il futuro delle costruzioni rispetta l'ambiente
  • Sinergy Flow — We are developing a redox flow battery based on earth abundant and low-cost material which is fully compliant with the Circular Economy principles.
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EISMEA
VC Fund · 4 investments in Italy Hardware startups

Investment focus

  • Industry: Manufacturing, Software, Biotechnology
  • Stage:Grant, Venture - Series Unknown, Seed
  • Geography: Spain, Italy, United Kingdom

Investor stats

  • Total investments: 3533
  • Round size: Seed $53k–$800k; Grant $54k–$2M; Venture - Series Unknown $573k–$2.6M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • AGADE — Esoscheletri Agade | Il primo esoscheletro intelligente per lavoratori progettato per ridurre il rischio di disturbi muscolari delle spalle nella movimentazione manuale dei carichi.
  • BroadBit Batteries — BroadBit is a technology company developing revolutionary new batteries using novel sodium-based chemistries to power the future green economy.
  • Aenitis Technologies — We develop innovative devices for cells therapy processing using Acoustic Radiation Forces.
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Embed Capital
VC Fund · Milan, Lombardia, Italy · 4 investments in Italy Hardware startups

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.

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Investment focus

  • Industry: Information Technology, Mobile, Software
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Italy, Switzerland, United Kingdom

Investor stats

  • Total investments: 17
  • Round size: Seed $130k–$2.1M; Venture - Series Unknown $454k–$734k
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Piantando — Piantando sells plants connected to initiatives for the preservation of the planet engaged in the following areas: land, water, climate, biodiversity and local communities. Each plant is equivalent to a transparent and unique contribution, destined to an initiative certified by our Value Chain. Everyone become ambassadors of a new way of livinggreen and understanding their commitment to the planet.
  • FrescoFrigo - Healthy food close to you — FrescoFRIGO is a smart fridge with fresh and quality products designed for the needs of worker. Improve everyday lifestyle, through automated proximity selling of good, fresh and healthy product, innovating technology and user experience.
  • The Nemesis — The Nemesis is the playground for play-to-earn games and adventures in virtual worlds. Accessible on both mobile and desktop.
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40Jemz Ventures
VC Fund · Verona, Veneto, Italy · 4 investments in Italy Hardware startups, 7 in the past 12 months

40Jemz Ventures is an investment firm. Its mission is to identify and finance the most promising early-stage businesses.

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Investment focus

  • Industry: Artificial Intelligence, Computer, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Italy

Investor stats

  • Total investments: 20
  • Round size: Seed $434k–$3M; Pre-Seed $338k–$4.2M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Revismart — Revismart usa l'intelligenza artificiale per automatizzare la revisione legale, risparmiando tempo e riducendo gli errori.
  • Archimede — Deep tech company based in Sicily #archmesh is our satellite kit
  • Doctorsa — Doctorsa is a digital marketplace offering travelers instant access to urgent care online for common conditions, starting at just €20.
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Fabrick
VC Fund · Milan, Lombardia, Italy · 4 investments in Italy Hardware startups

Fabrick offers Open Banking solutions: a new way of thinking about the bank, open, modular and data driven, closer to your needs

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: Italy, Germany, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $279k–$6M; Series A $3M–$16M; Series B $9.1M–$20M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Banxware — Banxware provides the technology and the funds for business financing of any kind: fully embedded in your platform or as an affiliate solution - all managed by Banxware
  • Brainyware — Brainyware is a secure, on-premise AI platform for enterprises designed to make internal knowledge searchable and actionable.
  • Volume — Payment Infrastructure for the Internet
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SIMEST
VC Fund · Rome, Lazio, Italy · 4 investments in Italy Hardware startups, 6 in the past 12 months

SIMEST is a financial firm focused on the development and promotion of Italian enterprises abroad. Simest acquires up to 49% of the equity capital of foreign firms in countries outside the European Union, whether wholly-owned by Italian companies or set up as joint ventures with local partners. It also provides start-up and growth capital financingas well as participating in buyouts.Geographically it invests in non-EU countries, focusing on BRIC, Americas and Middle-East. Simest also provides Italian companies seeking to internationalize their businesses with technical assistance and advisory services.Simest is a member of the European Development Finance Institutions (EDFI) and the Italian Venture Capital and Private Equity Association (AIFI).

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Investment focus

  • Industry: Manufacturing, FinTech, Aerospace
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Italy, San Marino, Saudi Arabia

Investor stats

  • Total investments: 20
  • Round size: Series A $4.1M–$17M; Series B $12M–$24M; Venture - Series Unknown $4.7M–$6.5M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • DRONUS — Dronus provides inspection, safety, and smart city capabilities from an innovative, minimally invasive base that guarantees the drone's flight stability and safety during take-off and landing, even in difficult climatic conditions.
  • Wearable Robotics — Wearable Robotics produces and develops wearable robotic systems and exoskeletons for rehabilitation, assistance and human-power augmentation.
  • EIS Wire and Cable — EIS Wire & Cable provides extraordinary customer service, short lead times, competitive pricing and the ability to meet your custom or private label requirement
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Francesco Giartosio
Angel · Modena, Emilia-Romagna, Italy · 4 investments in Italy Hardware startups

Francesco graduated in Business Administration at Roma University and then worked 22 years in FCA Group, Ducati and System in the area of internal auditing, management control and processes restructuring. In 2008 left the management work to launch Contipronti.it, the first online accounting service in Italy. In the following years he becamespassionate of start up. He launched Giarty, a sort of Italian Yelp. In September 2011 he started to work on a project of advanced reality eyeglasses, and one day lather he estabished the GlassUp company. Its passion is innovate and semplify the way things are done.

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Investment focus

  • Industry: Mobile, Sports, Hardware
  • Stage:Seed
  • Geography: Italy

Investor stats

  • Total investments: 4
  • Round size: Seed $241k–$568k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GlassUp — Big data and growing use of on-board sensors are pushing work on shop floors to new heighs of speed and productivity. But the human interaction with all these technologies is still made through desktops or tablets, which are not designed for daily usage in industrial environments. Thus, the company has developed and manufactured augmented realitygoggles for industries. GlassUp is on the market with GlassUp F4 since February 2017. F4 are AR eyewears designed to act as a support in terms of time saving and functionality for operators in professional and industrial fields. The eyewear has all the features of a protective mask and allows making use of contents such as videos, images, instruction manuals and any type of content able to back up a work process without using hands. In this way, the user can be focused on action. F4 can be used stand alone or in pairs with a dashboard which allows remote assistance and remote machineries maintenance routines. On the job training is another fundamental function. As software house, moreover, we are able to create custom applications.
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The Techshop
VC Fund · Milan, Lombardia, Italy · 4 investments in Italy Hardware startups

The Techshop is a venture capital and private equity firm that invests in B2B digital startups.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Italy, Portugal, Switzerland

Investor stats

  • Total investments: 29
  • Round size: Seed $2M–$8.1M; Pre-Seed $322k–$37M; Series A $7.7M–$120M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • CiaoDott — Automatizza le telefonate, prenotazioni e FAQ del tuo studio medico con CiaoDott, l'assistente vocale AI disponibile 24/7. Provalo gratis.
  • Octostar — Octostar is the sovereign, AI-powered investigative intelligence platform for law enforcement, national security and financial institutions.
  • Helix Robotics — We are building the first commercial soft manipulator
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Cysero
VC Fund · Bergamo, Lombardia, Italy · 3 investments in Italy Hardware startups

Cysero is a venture capital fund focused on the robotics and cybersecurity sectors. The fund was established in October 2020 and managed by AVM Gestioni SGR S.p.A. Manager EuVECA Società Benefit and jointly promoted with Kilometro Rosso, Bergamo's science and technology park.

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Investment focus

  • Industry: Robotics, Information Technology, Industrial
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Italy, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $2.1M–$5.5M; Venture - Series Unknown $1.4M–$4.3M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Octostar — Octostar is the sovereign, AI-powered investigative intelligence platform for law enforcement, national security and financial institutions.
  • TrueScreen — Certify photo, video, screenshot, document and audio recording with legal value. Prevent fraud and disputes obtaining indisputable evidences
  • Next Generation Robotics — Next Generation Robotics is a company that manufactures robotic systems for inspection and monitoring for the railway industry.
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035 Investimenti
VC Fund · Bergamo, Lombardia, Italy · 3 investments in Italy Hardware startups

035 Investimenti

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Investment focus

  • Industry: Manufacturing, SaaS, Handmade
  • Stage:Seed, Series A, Convertible Note
  • Geography: Italy

Investor stats

  • Total investments: 5
  • Round size: Seed $1.2M–$3.8M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Dalfilo — Dalfilo is a textile company that manufactures and retails handcrafted household items, linen sheets, and bathroom accessories.
  • Talentware — Talentware is the platform that lets you manage your company and people by putting skills first: boosting engagement, talent retention, and productivity.
  • Daze — Discover Daze's innovative electric car charging systems. The only charging systems with integrated load balancing.
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Neva SGR
VC Fund · Turin, Piemonte, Italy · 3 investments in Italy Hardware startups

Neva SGR, part of the Intesa Sanpaolo Group and wholly owned by the Intesa Sanpaolo Innovation Center, plans and manages investment funds for professional investors interested in seizing diversification and high-yield opportunities offered by Venture Capital investments. Neva SGR can count on Intesa Sanpaolo Innovation Center’s and Intesa SanpaoloGroup’s strength, financial resources, know-how and network of relationships, a unique source of value on the market. Neva SGR is the perfect blend of strength, reputation and stability of the Intesa Sanpaolo Group and the best practices of international venture capital firms. Neva SGR aims to boost the Italian economy through new technologies and to be market maker of the VC asset class of venture capital in Italy.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: Italy, United States, Israel

Investor stats

  • Total investments: 52
  • Round size: Series A $6M–$64M; Series B $17M–$141M; Series C $28M–$110M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • iwoca — Iwoca provides financing to businesses for various purposes, including bridging short-term cashflow gaps and investing in stock opportunities. It services retailers, restaurants, hotels, and other businesses. It offers flexible repayment options from 1 day to 24 months, with no penalties for early repayment. Iwoca helps businesses manage cash flowgaps and invest in growth opportunities, enhancing their financial capabilities.
  • Straiker — Security for agentic AI applications built from the ground up with fine-tuned models to protect and secure every layer of your agentic AI stack.
  • Nuclidium — NUCLIDIUM is a clinical-stage radiopharmaceutical company that develops novel radionuclide PET tracers for precision diagnostics. Using copper isotopes, Copper-61 for diagnostics and Copper-67 for therapeutics, the company is creating a differentiated platform with the potential to overcome existing limitations in radiotheranostics.
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Pariter Partners
VC Fund · Milano, Lombardia, Italy · 3 investments in Italy Hardware startups

Pariter Partners is a largest Syndicate in Italy, investing in early stage deep-tech teams and advanced service solution startups.

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Investment focus

  • Industry: Artificial Intelligence, Electronics, Biotechnology
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Italy, Switzerland

Investor stats

  • Total investments: 11
  • Round size: Seed $796k–$1.6M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • K3RX — K3RX products for thermal protection systems of the next generation of hypersonic vehicles and rocket motor inserts of satellite launchers demonstrate their performance. K3RX manufactures tiles in uhtcmc material, rocket nozzles, screws, nuts, and support mechanical connectors.
  • Eye2Drive — Eye2Drive designs bio-inspired, AI-ready CMOS image sensors for autonomous navigation, eliminating flickering and ghosting while significantly enhancing safety.
  • Fluid Wire Robotics — A fully electric robotic platform for extreme environments: nuclear, space, cryogenic, ATEX and subsea. Manipulation where conventional robots cannot go.
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Farming Future
VC Fund · 3 investments in Italy Hardware startups

Farming Future is the national technology transfer hub founded on the initiative of CDP venture capital in partnership with toseed and partners.

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Investment focus

  • Industry: Agriculture, AgTech, Hardware
  • Stage:Seed, Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 12
  • Round size: Seed $657k–$2.3M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Aflabox — Aflabox is a grain-screening box. It images a sample under white and ultraviolet light and assesses it kernel by kernel, on site, with results in your dashboard.
  • Biorsaf — Biorsaf is an IT company that develops mobile apps and web control panels to assist companies to bring efficiency to their operations.
  • Yeastime — Discover how ultrasound can improve the fermentation process by up to 30% with our innovative solutions.
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dPixel
VC Fund · Milan, Lombardia, Italy · 3 investments in Italy Hardware startups

dPixel is a venture capital advisor and management consulting firm that finances early stage internet companies.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Italy, United States, Brazil

Investor stats

  • Total investments: 17
  • Round size: Seed $305k–$1.1M; Pre-Seed $100k–$407k
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2010

Portfolio highlights

  • Vestinda — Vestinda is the platform that provides investments in digital assets. Their features are portfolio tracking, crypto portfolio tracking, strategy libraries,crypto investment strategies,strategy builders, trading strategies built with no code, backtesting backtested crypto trading strategies,demo trading,crypto paper trading, and risk-free livetrading.
  • LIA — Lia gestisce fatture, solleciti e piani di rientro in autonomia: tu mantieni la visione sul cashflow, sui clienti e sulle decisioni che contano.
  • Lendit — Lia gestisce fatture, solleciti e piani di rientro in autonomia: tu mantieni la visione sul cashflow, sui clienti e sulle decisioni che contano.
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Toscana Next Fund
VC Fund · Rome, Lazio, Italy · 3 investments in Italy Hardware startups

Toscana Next Fund is a co-investment fund managed by CDP Venture Capital.

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Investment focus

  • Industry: Manufacturing, Robotics, Electronics
  • Stage:Series A, Seed
  • Geography: Italy

Investor stats

  • Total investments: 8
  • Round size: Seed $1.6M–$1.9M; Series A $4.9M–$6.1M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Biorsaf — Biorsaf is an IT company that develops mobile apps and web control panels to assist companies to bring efficiency to their operations.
  • Small Pixels — SmallPixels provides video and image from compressed video streams applicable to movies, TV series, surveillance videos, and video chats to users, delivering an experience with reduced streaming expenses.
  • Wearable Robotics — Wearable Robotics produces and develops wearable robotic systems and exoskeletons for rehabilitation, assistance and human-power augmentation.
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EXOR N.V.
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 3 investments in Italy Hardware startups

EXOR is a holding company based in the Netherlands that the Agnelli family controls. The company has a diverse portfolio of investments in various industries, including automotive, real estate, and finance. The company is known for taking a long-term approach to its assets and has a reputation for being a patient and value-oriented investor. Thecompany's primary focus is on creating long-term value for its shareholders by actively managing and growing its portfolio of investments.EXOR's core mission is to cultivate exceptional enterprises, simultaneously nurturing opportunities for its talented workforce to flourish, make meaningful societal contributions, and yield outstanding returns for its valued investors.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Italy, United Kingdom

Investor stats

  • Total investments: 173
  • Round size: Seed $1.8M–$18M; Pre-Seed $320k–$5.1M; Series A $8M–$55M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2018

Portfolio highlights

  • Q.ai — Q.ai provides systems designed to support high data throughput, multilingual interaction, privacy controls, and accessibility features within communication workflows. Its technology is used to enhance real-time and asynchronous interactions between users who operate across different languages and regions. Q.ai’s platform is designed to integrateinto existing applications and services, supporting organizations that require consistent communication standards across distributed teams and audiences.
  • Norbert Health — Norbert Health develops a home medical pod that monitors the health of families using contactless sensors. Their product senses key vital signs including heart rate, breathing rate, and temperature, providing a real-time and historical view of the user's health. It was founded in 2019 and headquartered in Brooklyn, New York.
  • Philips — Koninklijke Philips is a technology company that provides healthcare, consumer lifestyle, and lighting products, solutions, and services. The company offers professionals with healthcare, lighting, and oral healthcare products, professional dictation, and display solutions, and innovation services. It offers consumers electronic products related tosound and vision, personal care, mother and child care, housewares, lighting, PCs and phones, and more.
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PranaVentures
VC Fund · Milano, Lombardia, Italy · 3 investments in Italy Hardware startups

PranaVentures is an operational venture capital fund launched in 2021 with the goal of filling the funding gap between newly established and startup companies supporting them to grow and quickly reach the next stage of development. The investment strategy is focused on seed and post-seed startups operating in the digital space, with an interest ininnovative sectors such as artificial intelligence, blockchain, software as a service (SaaS), e-commerce and marketplaces. Leveraging a wide network of stakeholders, PranaVentures supports emerging entrepreneurs with capital and strategic expertise.

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Investment focus

  • Industry: SaaS, Tourism, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Italy, India

Investor stats

  • Total investments: 22
  • Round size: Seed $1.8k–$3.2M; Pre-Seed $572k–$5.1M; Series A $3.2M–$16M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: May invest from a new fund soon — raised $45M in 2021

Portfolio highlights

  • Cosmico — We are the platform connecting digital talents with the most ambitious companies, using remote work.We have over 8,000 members and our talents have accelerated dozens of projects alongside big names like Accenture Song, Tangity, Frog, Fjord, Sketchin, EY but also aggressive start-ups like Scalapay, Gimme5, Flowe, Unguess.If you are a digitalprofessional: we offer you a community in which to grow your talent through experiences, networks and cosmic projects.If you are a company: we offer you access to a community of designers, developers and marketers from which to select the talents to accelerate your digital transformation projects. Whether you are a manager or a digital professional, Cosmico is here to help you find your space
  • BYNARIO — BynarIO develops an AI-driven cybersecurity platform focused on automated binary analysis and application security testing. The company builds an autonomous security pipeline that examines compiled binaries without requiring access to source code. Its technology targets closed-source environments, legacy software components, and complex third-partysoftware supply chains. The platform uses AI agents to scale testing across large codebases, mapping control states and identifying hidden vulnerabilities such as memory corruption issues and race conditions. BynarIO applies responsible disclosure practices, validating and supporting remediation of discovered issues in widely used software stacks. By converting low-level binary structures into actionable security findings, it supports security teams in strengthening vulnerability management and software assurance processes.
  • Doctorsa — Doctorsa is a digital marketplace offering travelers instant access to urgent care online for common conditions, starting at just €20.
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Fabio Mondini de Focatiis
Angel · Paris, Ile-de-France, France · 3 investments in Italy Hardware startups

Venture Partner, Eurazeo InvestmentInternational Venture Capitalist, Business Angel and SVP with >20 years experience in >20 countries, with a successful track as VC, BA and Entrepreneur in a truly global environment. Fabio is a Venture Partner in Eurazeo Investment, following their acquisition of IDINVEST Partners, a leading Europeanprivate equity firm with >9B€ AUM, focusing on Venture Capital investments in Italy across sectors and in the Smart City sector (Energy, Cleantech, Eco-mobility) worldwide. Fabio is the Founder and CEO of growth Capital, the leading Italian investment banking focusing on advising innovative, fast-growing companies on fund raising and M&A. Fabio is also an active Business Angel, with a personal portfolio of more than 30 startups. a Member of the Investment Committee of Lazio Innova. Previously Fabio has been a Senior Advisor in the European Investment Fund (EIF), leading the joint efforts of EIF and Cassa Depositi e Prestiti (CDP) to establish TT Investment Funds in Italy to develop its ecosystem for Innovation. Before entering the Private Equity sector, Fabio has lead Soitec Solar Division sale after it has increased its revenues from ~2M€ to >40M€ and achieved the world record of PV Module Efficiency and Solar Cell Efficiency. He had earlier founded and lead RenEn Renewable Energy to a leading renewable energy consulting firm. Earlier Fabio has been in McKinsey, ENEL and Russell Reynolds. In ENEL, Fabio has been Head of Integration, Head of International Management, Head of HR and Organisation and member of the Board of various international companies. Fabio received his M.S. degree in Civil and Environmental Engineering from M.I.T. and his M.B.A. from INSEAD. He is fluent in English, Italian, French and Spanish.

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Investment focus

  • Industry: E-Commerce, Retail, Internet
  • Stage:Seed, Pre-Seed, Equity Crowdfunding
  • Geography: Italy, France, United Kingdom

Investor stats

  • Total investments: 22
  • Round size: Seed $318k–$2.2M; Equity Crowdfunding $1.4M–$3.3M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Homepal — Homepal, a digital real estate agency, allows owners and buyers to make direct contact and independently organize visits to the house. It is also a site to buy, sell, and rent a house with the full support of a real estate agency, at low costs. The team of the Homepal RE real estate agency will then help in managing the negotiations and thecontracts.It was founded in 2015 and is headquartered in Italy.
  • HiNelson — HiNelson an Italian-based online store for nautical accessories. HiNelson is the first nautical online store about high-level boating components. They select the best and successful brands in the nautical worldwide market, such as Veleria San Giorgio to guarantee maritime safety with their life jackets, moving through Polyform’s boat fenders foryacht protection, or the best anchoring and docking system by Lofrans’, Max Power and Quick and finishing with the most famous Plastimo’s compasses or and Bartomarine sail’s accessories.
  • Yobs — Record your interviews, accelerate candidate review, coach recruiters and build a fair and rigorous hiring process.
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Unruly Capital
VC Fund · Italy, Texas, United States · 3 investments in Italy Hardware startups

Investing in the crazy before it becomes normal

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Investment focus

  • Industry: Biotechnology, Artificial Intelligence, CleanTech
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 62
  • Round size: Seed $1.2M–$9.3M; Pre-Seed $908k–$3.6M; Venture - Series Unknown $1.6M–$55M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: Likely still investing — raised $8.5M in 2023

Portfolio highlights

  • Matta — Creating AGI to manufacture the impossible.
  • Willo — Willo is advancing and scaling true wireless power for humanity, technology, and industry. Discover the company powering the next era of energy delivery.
  • Tangible — Tangible empowers hardware companies with sustainable asset-based lending solutions. Our platform streamlines debt funding, compliance automation, and financial product design, enabling efficient capital mobilization and comprehensive reporting for a greener future. Scale your business with Twist.
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Fondazione Social Venture Giordano dell'Amore
VC Fund · Milan, Lombardia, Italy · 3 investments in Italy Hardware startups

FSVGDA aims at the promotion of the impact investing culture, in order to facilitate social innovation.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Venture - Series Unknown, Seed, Pre-Seed
  • Geography: Italy, Mexico

Investor stats

  • Total investments: 31
  • Round size: Seed $205k–$603k; Venture - Series Unknown $29k–$841k
  • Lead/follow: 65% lead, 35% follow

Portfolio highlights

  • C.NEXT — C.NEXT develops innovation projects for businesses and organizations by supporting the economy and territorial regeneration.
  • Vivavoce — Il centro medico Vivavoce, Specializzato nel trattamento riabilitativo della #balbuzie. Disturbi del Linguaggio, DSA, Psicologia e Neuropsichiatria infantile.
  • Way Experience — Way Experience operates in all the entertainment B2C sectors, using augmented and virtual reality technology. They also work in the B2B area by applying their technologies for customized consultancy projects in the following sectors: design, fashion, medical, events, and training.
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FITEC
VC Fund · Milan, Lombardia, Italy · 3 investments in Italy Hardware startups

FITEC, managed by Fondo Italiano d’Investimento SGR, with a target commitment of Euro 150 million is the first Italian technology private equity and late-stage venture capital fund. It is entirely dedicated to equity investments in small and medium-sized technology-based Italian companies, which are either backed by VC funds, like Termo, Everli andBeMyEye, or have been self-financed and are owned by entrepreneurs seeking further investment to grow, like Seco and Healthware Group. The fund announced its first closing in September 2017 with Cassa Depositi e Prestiti as Cornerstone Investor. Fondo Italiano d’investimento SGR currently manages a total of eight investment funds, dedicated to institutional investors, for a total of about Euro 3 billion of target Asset Under Management.

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Investment focus

  • Industry: Information Technology, Software, Manufacturing
  • Stage:Private Equity, Series B, Series C
  • Geography: Italy, United Kingdom

Investor stats

  • Total investments: 14
  • Round size: Series B $10M–$21M; Series C $8.5M–$100M; Private Equity $8.2M–$12M
  • Lead/follow: 86% lead, 14% follow

Portfolio highlights

  • Intrauma — Intrauma was founded in 2006 and is based in Rivoli, near Turin, in Piedmont. The company designs and manufactures the O’nil range of locking plates, which has been in clinical use since 1998. Intrauma is committed to on-going research and development of both materials and manufacturing processes, in collaboration with experienced trauma surgeons,to provide the highest quality implants and to simplify today’s approach to Traumatology. Intrauma is also dedicated to building and maintaining strong customer relationships, believing that this is the foundation of a successful business.Intrauma TODAYToday, Intrauma is the second largest supplier of trauma devices in Italy, and is rapidly expanding its international sales and marketing operations across the world.This also gives the company the opportunity to work with surgeons across the globe, developing more unique products and continuing to improve traumatology techniques for the benefit of both patient and surgeon.
  • UNGUESS (formerly AppQuality) — UNGUESS is the crowdsourcing platform for effective testing and real insights. Take the guesswork out of your work.
  • Skynet Technology — Azienda specializzata in servizi di supporto per le aziende Retail nel mondo Fashion & Luxury con negozi e magazzini distribuiti a livello internazionale.
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Creative Thinking Ventures
VC Fund · Albertville, Rhone-Alpes, France · 3 investments in Italy Hardware startups

Creative Thinking Ventures is a micro-venture capital fund for very early-stage ventures, focusing on start-ups and innovative SMEs.

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Investment focus

  • Industry: E-Commerce, SaaS, Tourism
  • Stage:Seed, Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 13
  • Round size: Seed $27k–$165k; Pre-Seed $51k–$166k
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • Worldz — Thanks to its algorithm, Worldz calculates the economic value of a user’s social popularity (qualitatively and quantitatively). In proportion to this value, it provides a personalized discount, which can be applied in exchange for a social sharing by the user on their Instagram or Facebook profile. This share refers to the brand or productpurchased and the content of the post can be pre-configured by the brand. A user’s social post increases the Brand Awareness and can generate new traffic to the store. This kind of sharing is perceived by the social community as a friend’s advice and not as a promotional activity.
  • Gardenstuff — GardenStuff manifactures technological and design articles for plants anf flower integration: Gardening, plant pots, tools, bulbs, flowerpots, planters, plants, fertilizers
  • The Social Lender — The Social Lender is a peer-to-peer lending business platform that allows applicants to obtain funding from private and institutional investors, in order to support growth and development of their business and their projects, and where lenders can invest in security actively intervening in the Royal Economy.
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Game Seer Venture Partners
VC Fund · Aschaffenburg, Bayern, Germany · 3 investments in Italy Hardware startups

Game Seer: Indie game funding and financing. Empowering creative freedom, offering industry expertise, and helping studios create successful titles.

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Investment focus

  • Industry: Gaming, Video Games, PC Games
  • Stage:Venture - Series Unknown, Seed
  • Geography: Spain, Canada, France

Investor stats

  • Total investments: 22
  • Round size: Seed $1.3M–$1.3M; Venture - Series Unknown $250k–$3.4M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — raised $11M in 2019

Portfolio highlights

  • TavroxGames — TavroxGames is a game development company working on turn-based games. Our objective is to make interesting games inspired by real-life social issues while still keeping the fun! Is that possible?
  • Old Skull Games — Old Skull Games is a new breed of game developers.
  • Half Sword Games — Half Sword Games is an indie studio developing a physics-based medieval combat simulator.
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Brembo Ventures
VC Fund · Stezzano, Lombardia, Italy · 3 investments in Italy Hardware startups

Discover the latest innovations in braking systems and mobility. Brembo ensures safety, performance, and sustainability. Explore our products on the official website

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Investment focus

  • Industry: Information Technology, Software, Consulting
  • Stage:Seed, Series A
  • Geography: Italy, United States

Investor stats

  • Total investments: 7
  • Round size: Series A $6M–$6M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • AGADE — Esoscheletri Agade | Il primo esoscheletro intelligente per lavoratori progettato per ridurre il rischio di disturbi muscolari delle spalle nella movimentazione manuale dei carichi.
  • PhotonPath — Enabling seamless integration between Photonics and Electronics for a faster, more connected and sustainable future
  • Spoke — Spoke Safety is an open platform approach enabling the collaboration required with others to amplify the innovation needed to save lives.
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Hardware Investor funding in Italy at a glance

Stats across 671 deals from 511 investors.

511
investors
in Italy Hardware startups
671
deals
in Italy Hardware startups
$669k
median round
in Italy Hardware startups
39%
lead investors
lead at least one round
26%
Seed
most common funding stage
88/12
VC / Angel
share of investor count

Access all 511 investors in Italy Hardware startups.

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