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Top 50 Impact VC Funds & Investors in Italy (June 2026)

The most active venture capital funds investing in Italy Impact startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Italy Impact 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
20 Italy, United States, United Kingdom Seed, Series A Software, Information Technology, Health Care $488k–$17M
360 Capital
VC Fund
9 France, Italy, United States Seed, Series A Software, E-Commerce, Information Technology $1.1M–$18M
Intesa Sanpaolo
VC Fund
8 Italy, United Kingdom, United States Debt Financing, Post-IPO Debt, Convertible Note Energy, Financial Services, Renewable Energy $299k–$2.5B
Cassa Depositi e Prestiti
VC Fund
8 Italy, Turkey, Spain Debt Financing, Post-IPO Debt, Pre-Seed Energy, Manufacturing, CleanTech $71k–$437M
UniCredit
VC Fund
8 Italy, Germany, Spain Debt Financing, Post-IPO Debt, Seed Manufacturing, Energy, Renewable Energy $384k–$1.1B
Tech4Planet
VC Fund
6 Italy Seed, Pre-Seed Renewable Energy, Energy, Manufacturing $313k–$8.3M
Innogest Capital
VC Fund
6 Italy, United States, Spain Series A, Series B Health Care, Medical, Medical Device $1.1M–$29M
EUREKA! Venture SGR
VC Fund
4 Italy Seed, Pre-Seed Nanotechnology, Manufacturing, Medical Device $384k–$4.1M
Vertis
VC Fund
4 Italy, United States, United Kingdom Seed, Series A Software, Computer, E-Commerce $823k–$10M
Creative Thinking Ventures
VC Fund
3 Italy Seed, Pre-Seed E-Commerce, SaaS, Tourism $27k–$166k
Farming Future
VC Fund
3 Italy Seed, Pre-Seed Agriculture, AgTech, Organic $657k–$2.3M
Principia SGR
VC Fund
3 Italy, United States, United Kingdom Series A, Seed Health Care, Biotechnology, Software $329k–$7.7M
Banco BPM
VC Fund
3 Italy, United States, Spain Debt Financing, Post-IPO Debt, Pre-Seed Manufacturing, Renewable Energy, Energy $384k–$878M
Banca Patrimoni Sella & C.
VC Fund
3 Italy, United Kingdom Seed, Debt Financing, Pre-Seed Energy, Software, Sustainability $571k–$2.2M
EIT Urban Mobility
VC Fund
3 Spain, Sweden, France Seed, Pre-Seed, Series A Software, Transportation, Information Technology
dPixel
VC Fund
2 Italy, United States, Brazil Seed, Pre-Seed Software, Blockchain, E-Commerce $100k–$1.1M
Wayra
VC Fund
2 Spain, United Kingdom, United States Seed, Series A Software, Information Technology, SaaS $145k–$15M
A11 Venture
VC Fund
2 Italy, United States Seed, Pre-Seed, Series A Biotechnology, Medical Device, E-Commerce $384k–$1.4M
Sport Horizon Holding S.p.a.
VC Fund
2 Italy, Germany Seed, Convertible Note Apps, Sports, Fitness $920k–$2.3M
Eiffel Investment Group
VC Fund
2 France, Israel, Ireland Debt Financing, Seed Software, Renewable Energy, Financial Services $219k–$110M
Italian Angels for Growth
VC Fund
2 Italy, United States, United Kingdom Seed, Angel, Series A Software, E-Commerce, Health Care $219k–$11M
Barclays Sustainable and Impact Banking
VC Fund
2 United Kingdom, Italy, Ireland Series A, Series B Energy, Renewable Energy, Industrial
Rancilio Cube
VC Fund
2 United States, Italy, Germany Seed, Series A, Series B E-Commerce, Software, Financial Services
Progress Tech Transfer Fund
VC Fund
2 Italy, Ireland, United Kingdom Series A, Seed Water, Biotechnology, Manufacturing $176k–$15M
Azimut Holding
VC Fund
2 Italy, China, Mexico Seed, Series A FinTech, Software, Blockchain $1.8M–$18M
Espe
VC Fund
2 Italy Corporate Round Energy, Renewable Energy
Boost Heroes
VC Fund
2 Italy, United States, Hong Kong Seed, Series A E-Commerce, Software, Apps $219k–$7.7M
Ambienta
VC Fund
2 Italy, United Kingdom, Germany Private Equity, Series A Manufacturing, Energy, Computer $19M–$33M
Crédit Agricole Italia
VC Fund
2 Italy, Spain Debt Financing, Seed Manufacturing, Building Material, Financial Services $1.3M–$176M
Primo Capital
VC Fund
2 Italy, United States, United Kingdom Seed, Series A Software, Aerospace, Information Technology $306k–$25M
Equiter
VC Fund
2 Italy Seed, Series B, Convertible Note Medical, Health Care, Information Technology $2.2M–$3.8M
Invitalia
VC Fund
2 Italy, Sweden Grant, Debt Financing, Seed Software, Information Technology, Travel $22k–$1.9M
Azimut Libera Impresa
VC Fund
1 Italy, France, Switzerland Series A, Seed Software, Information Technology, Food and Beverage
Growth Engine
VC Fund
1 Italy, Mexico, United Kingdom Seed, Secondary Market, Pre-Seed E-Commerce, Information Technology, Software
Climate-KIC
VC Fund
1 Switzerland, Germany, United Kingdom Seed, Grant, Pre-Seed Sustainability, CleanTech, Energy
LIFTT
VC Fund
1 Italy, United Kingdom, France Seed, Series A Software, Biotechnology, Manufacturing $329k–$21M
DXT Commodities
VC Fund
1 Italy Software, Renewable Energy
Terna S p A
VC Fund
1 Italy Software, Renewable Energy
Seraphim Space Accelerator
VC Fund
1 United States, Ireland Seed, Pre-Seed Sensor, Software, CleanTech
NextSteps Capital
VC Fund
1 Italy, Ireland Pre-Seed, Series A, Series B Big Data, Analytics, CleanTech
Compagnia di San Paolo
VC Fund
1 Italy, Sweden Grant, Pre-Seed, Convertible Note Software, Information Technology, Battery
Club Italia Investimenti 2
VC Fund
1 Italy, United States, United Kingdom Seed, Pre-Seed E-Commerce, Software, Mobile
COREangels Climate
VC Fund
1 Italy, Spain, Germany Seed, Pre-Seed, Series A Energy, Industrial Manufacturing, Wireless
RoboIT
VC Fund
1 Italy Pre-Seed Medical, Manufacturing, Medical Device
40Jemz Ventures
VC Fund
1 Italy Seed, Pre-Seed Artificial Intelligence, Advice, Computer
SACE
VC Fund
1 Italy Debt Financing Energy, Renewable Energy
Pariter Partners
VC Fund
1 Italy Seed Electronics, Semiconductor, Nanotechnology
EIT Digital
VC Fund
1 Italy, Spain, Poland Pre-Seed, Grant, Seed Information Technology, Software, Internet
Green Arrow Capital
VC Fund
1 Italy, United Kingdom Seed, Series A Health Care, Biotechnology, Manufacturing
Tecno
VC Fund
1 Italy Seed Marketing, Sustainability
Access all 50 VC funds in Italy Impact 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 · 20 investments in Italy Impact 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, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 228
  • Round size: Seed $488k–$8.3M; Series A $3.3M–$17M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $197M in 2021

Portfolio highlights

  • Radical Storage — Find your closest luggage storage and enjoy your journey until the very end!
  • Mela Works — Manage your work site with Mela, and generate logbooks and reports with one click. Download Mela now!
  • Multiverse Computing — World leaders in quantum computing for the financial industry. The first quantum & quantum-inspired toolbox for finance.
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360 Capital
VC Fund · Paris, Ile-de-France, France · 9 investments in Italy Impact startups

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, Information Technology
  • Stage:Seed, Series A
  • Geography: France, Italy, United States

Investor stats

  • Total investments: 195
  • Round size: Seed $1.1M–$8.3M; Series A $3.3M–$18M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Tundr — Tundr offers smartcard to companies for sustainable mobility.
  • 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.
  • Innoviz Technologies — A leading supplier of high-performance, automotive-grade LiDAR sensor platforms.
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Intesa Sanpaolo
VC Fund · Torino, Piemonte, Italy · 8 investments in Italy Impact startups, 7 in the past 12 months

Intesa Sanpaolo is a banking group that specializes in wealth management, protection, advisory, and digital orientation. Their products and services include accounts, cards, loans, mortgages, insurance, digital payments, retirement planning, investments, and consulting. It was founded by the merger of Banca Intesa and Sanpaolo IMI.

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Investment focus

  • Industry: Energy, Financial Services, Renewable Energy
  • Stage:Debt Financing, Post-IPO Debt, Convertible Note
  • Geography: Italy, United Kingdom, United States

Investor stats

  • Total investments: 122
  • Round size: Post-IPO Debt $112M–$2.5B; Debt Financing $878k–$1.1B; Convertible Note $299k–$2.2M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • NextGeo
  • Goglio Group — Goglio Group produces full trademark food packaging.
  • EuroGroup Laminations — We develop and produce stators and rotors solutions for the energy transition, guaranteeing maximum efficiency and sustainability on a global scale.
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Cassa Depositi e Prestiti
VC Fund · Rome, Lazio, Italy · 8 investments in Italy Impact startups

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: Energy, Manufacturing, CleanTech
  • Stage:Debt Financing, Post-IPO Debt, Pre-Seed
  • Geography: Italy, Turkey, Spain

Investor stats

  • Total investments: 56
  • Round size: Pre-Seed $71k–$439k; Post-IPO Debt $50M–$437M; Debt Financing $6.6M–$210M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Sekerbank — Sekerbank offers banking services. Sustainable energy, energy efficiency, addressing climate change, financial inclusion, and women's banking are some of their banking operations. In the areas of agriculture, business, SME, corporate, and retail, they offer banking services.
  • The Stevanato Group — Stevanato Group is a global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. The Group delivers an integrated, end-to-end portfolio of products, processes and services that address customer needs across the entire drug life cycle at each of the development,clinical and commercial stages. Stevanato Group’s core capabilities in scientific research and development, its commitment to technical innovation and its engineering excellence are central to its ability to offer value added solutions to clients.
  • Africa Finance Corporation — Sprout SEO for AFCBank
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UniCredit
VC Fund · Milan, Lombardia, Italy · 8 investments in Italy Impact 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: Manufacturing, Energy, Renewable Energy
  • Stage:Debt Financing, Post-IPO Debt, Seed
  • Geography: Italy, Germany, Spain

Investor stats

  • Total investments: 100
  • Round size: Seed $384k–$15M; Post-IPO Debt $40M–$1.1B; Debt Financing $417k–$614M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • FITT — FITT specializes in thermoplastic fluid transfer and management solutions.
  • EuroGroup Laminations — We develop and produce stators and rotors solutions for the energy transition, guaranteeing maximum efficiency and sustainability on a global scale.
  • E4 Computer Engineering — E4 Computer Engineering stands out for its tireless pursuit of the most cutting edge proposals in the IT sector.
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Tech4Planet
VC Fund · 6 investments in Italy Impact 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: 12
  • Round size: Seed $932k–$8.3M; Pre-Seed $313k–$2M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Resilco — Resilco develops and applies unique sustainable solutions for circular economy, carbon capture and for gas purification, both for clean production and for renewable energy applications. They offer knowledge combined with high skill in material science to solve existing and emerging problems in gas treatment.
  • Valuematic — Valuematic realizza soluzioni per il trattamento e gestione dei dati favorendo il miglioramento nei processi organizzativi e informativi di aziende ed enti.
  • 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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Innogest Capital
VC Fund · Milan, Lombardia, Italy · 6 investments in Italy Impact startups

We are investors in companies that make the difference. We partner with hard-working entrepreneurial visionaries

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Investment focus

  • Industry: Health Care, Medical, Medical Device
  • Stage:Series A, Series B
  • Geography: Italy, United States, Spain

Investor stats

  • Total investments: 68
  • Round size: Series A $1.1M–$11M; Series B $2.7M–$29M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $99M in 2015

Portfolio highlights

  • Newronika — Newronika restores brain and body functions with innovative technologies. We translate our deep knowledge on biosignal decoding into clinical practice, with the aim of improving treatments, health, and wellness. With our revolutionary brain devices, the patient receives the right stimulation at the right moment, thus becoming able to perform normaldaily activities and improve quality of life. Newronika is the spin-off company of two leading research institutions in Italy, the Fondazione IRCCS Ca' Granda Ospedale Maggiore Policlinico Hospital and the University of Milan. ​ Newronika comprises a multidisciplinary team formed from Neuroscience research groups and involves scientists with expertise in neurophysiology, neurology, biomedical engineering, neuropsychology, bioinformatics, and biotechnologies.
  • Prestiamoci — Prestiamoci is the first community of loans between individuals born in Italy, allowing you to make profitable investment and to obtain loans with installments transparent.With Prestiamoci the providers invest and get Claimants, returning to its original role of the bank safe. Loans shall be paid by people to trustworthy people who want toachieve their life projects, grow their professional activity, better manage expenses and major purchases
  • BetaGlue Technologies — BetaGlue Therapeutics develops innovative targeted cancer therapy solutions using its proprietary YntraDose technology for nuclear medicine.
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EUREKA! Venture SGR
VC Fund · Milano, Lombardia, Italy · 4 investments in Italy Impact 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, Medical Device
  • Stage:Seed, Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 31
  • Round size: Seed $384k–$4.1M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • FLEEPtech — FLEEP Technologies designs and develops printed electronics solutions for the biomedical and smart packaging sectors. The company, spin-off of Istituto Italiano di Tecnologia, was founded in May 2019.FLEEPtech developed a proprietary process for the fabrication of polymer-based integrated circuits based on Organic Thin-Film Transistors, creatingthe intelligent core for electronics systems that are mechanically flexible, printed like magazines and recyclable. FLEEPtech is the missing link in the printed electronics industry between a great number of flexible and printed products (i.e. sensors, actuators and energy supplies) that find little space in being integrated with standard non-flexible electronics. For such reasons, the company's mission revolves around the realization of a general purpose platform for the manufacturing of fully-printed integrated systems, composed by printed sensors, printed actuators, printed energy supplies and harvesters and, of course, printed integrated circuits.
  • INTA Systems — Nanotech and artificial intelligence for biomolecular analysis
  • Alter Eco Pulp — Alter Eco Pulp is a fiber molding company that processes waste and natural cellulose fibers to manufacture disposable products.
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Vertis
VC Fund · Milan, Lombardia, Italy · 4 investments in Italy Impact startups

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.

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Investment focus

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

Investor stats

  • Total investments: 62
  • Round size: Seed $823k–$3.6M; Series A $1.5M–$10M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $35M in 2021

Portfolio highlights

  • Tuidi — Tuidi is a tech startup that develops predictive models of AI, with a particular focus on the food distribution sector. They combine methodical study of data, personalization of business processes and speed of integration for to return an output that is not only accurate but also free from interpretation difficulties so as to increase profits,reduce stock outages and optimize inventories.
  • Focoos AI — Focoos reshapes computer vision with ultra-efficient models that drive down costs, automate hardware integration, and ensure peak performance on any device, while promoting sustainability.
  • TimeFlow — TimeFlow is a software that acts as a B2B marketplace dedicated to the technical and managerial consulting sector.
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Creative Thinking Ventures
VC Fund · Albertville, Rhone-Alpes, France · 3 investments in Italy Impact 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: 12
  • Round size: Seed $27k–$165k; Pre-Seed $51k–$166k
  • Lead/follow: 83% lead, 17% 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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Access 48,091 investors

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

Browse database — It's Free!
Farming Future
VC Fund · 3 investments in Italy Impact 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, Organic
  • Stage:Seed, Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 7
  • Round size: Seed $657k–$2.3M
  • Lead/follow: 86% lead, 14% 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.
  • Kinsect — Kinsect, black soldier fly insect farming technology, the Leading Insect Protein Farm. Experience automated and controlled insect farming, revolutionizing high-quality protein. With advanced LED illuminators and patent devices, we ensure optimal breeding and continuous batch production.
  • Saturnalia — Saturnalia is a platform that offers comprehensive solutions for asset monitoring and management. Geolocated reports and real-time alerts enable you to trace every incident, immediately detect problems, and take appropriate action.
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Principia SGR
VC Fund · Milan, Lombardia, Italy · 3 investments in Italy Impact 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, Seed
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Seed $329k–$3.3M; Series A $1.5M–$7.7M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $187M in 2014

Portfolio highlights

  • KLISBio — KLISBio is a medtech company currently developing a variety of regenerative medicine implantable products leveraging the power of silk fibroin to promote an endogenous repair of human soft tissues.
  • 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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Banco BPM
VC Fund · Milan, Lombardia, Italy · 3 investments in Italy Impact startups

Scopri i servizi bancari e finanziari di Banco BPM: conti, mutui, carte, prestiti, assicurazioni, trading e tanto altro. Per privati e imprese.

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Investment focus

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

Investor stats

  • Total investments: 40
  • Round size: Post-IPO Debt $8.8M–$878M; Debt Financing $384k–$614M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • The Stevanato Group — Stevanato Group is a global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. The Group delivers an integrated, end-to-end portfolio of products, processes and services that address customer needs across the entire drug life cycle at each of the development,clinical and commercial stages. Stevanato Group’s core capabilities in scientific research and development, its commitment to technical innovation and its engineering excellence are central to its ability to offer value added solutions to clients.
  • EuroGroup Laminations — We develop and produce stators and rotors solutions for the energy transition, guaranteeing maximum efficiency and sustainability on a global scale.
  • Aviapartner Handling SpA — Aviapartner Handling is the European provider of airport ground handling services. Aviapartner Handling is the subsidiary of Aviapartner.
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Banca Patrimoni Sella & C.
VC Fund · Torino, Piemonte, Italy · 3 investments in Italy Impact startups

Banca Patrimoni Sella & C. is the bank of the Sella group in the management and administration of private and institutional client assets.

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Investment focus

  • Industry: Energy, Software, Sustainability
  • Stage:Seed, Debt Financing, Pre-Seed
  • Geography: Italy, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $571k–$2.2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Vexuvo — Vexuvo develops, builds and operates utility-scale plants for the production and storage of energy from renewable sources. The company focuses on photovoltaic and agrivoltaic projects that combine solar generation with agricultural land use. It manages the full project lifecycle, including land identification, technical design, permitting,financing, construction and long-term operation of assets. Vexuvo works with businesses, investors and local communities to deploy large-scale clean energy infrastructure. Its activities support decarbonization and grid transformation.
  • Perpethua — Perpetua is an Italian fintech company specializing in supporting small and medium-sized enterprises (PMIs) through the critical phase of generational transition, especially when there is no clear successor within the business operates primarily as a digital platform that automates the M&A (Mergers & Acquisitions) process for SMEs,connecting entrepreneurs without successors with qualified investors interested in ensuring business continuity and growth.
  • Gruppo Di Martino — Gruppo Di Martino is an Italian logistics and transportation company
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EIT Urban Mobility
VC Fund · Barcelona, Catalonia, Spain · 3 investments in Italy Impact startups

EIT Urban Mobility is an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. Europe’s leading community for impact-driven start-ups and scale-ups in urban mobilityWe want to move cities toward a more sustainable future by partnering up with start-ups and scale-ups like yours. Our Impact Venturesdivision gives you access to funding and support channels to deliver financial, environmental and social impact on the urban landscapes around us. Our tools are: Funding through grants and equity investments, Knowledge and training through partner-led programmes, networking and introductions through dedicated support to our equity portfolio companiesOur investments provide you with a boost on your growth journey, and our network connects you with the right stakeholders in the public policy sector — on a regional, national and European-wide scale — to put your company on the map and bring your urban mobility services to the people who need it the most.If you’re like us and have a drive to shape the cities of our future, join our community of engaged and esteemed impactful ventures by applying for one of the many different programs we offer.

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Investment focus

  • Industry: Software, Transportation, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Spain, Sweden, France

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • Smart Point — We are entering the age of convenience and immediacy. A Smart Point automates the reception of any product you shop online, and any service available in your city, from pharmaceuticals, to flowers and dry cleaning. All delivered in 1 hour and available to pick up at your convenience.
  • Parabol — As Parabol, we use our innovative power for smart mobility systems and traffic safety all over the world.
  • Fastlane — Discover seamless logistics control with our cutting-edge transport management software. Streamline operations, optimize routes, and enhance efficiency effortlessly. Try our solution for comprehensive control today!
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dPixel
VC Fund · Milan, Lombardia, Italy · 2 investments in Italy Impact startups

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

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Investment focus

  • Industry: Software, Blockchain, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Italy, United States, Brazil

Investor stats

  • Total investments: 14
  • Round size: Seed $305k–$1.1M; Pre-Seed $100k–$165k
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $11M in 2010

Portfolio highlights

  • Intraverse — The evolution of acquisition, engagement and loyalty.
  • Lendit — Lendit is a credit-sharing platform where companies and professionals can lend and apply for liquidity in a simple, fast and tailor-made manner. Specifically, Lendit provides a web-based platform to match corporate loan requests with companies, professionals or institutional investors who want to lend liquidity. Lendit's objective is to makeaccess to credit inclusive and accessible to all 'fragile' micro enterprises and entrepreneurs to credit. In fact, Lendit's target is microcredit, with applications ranging from a minimum of EUR 1,000 to a maximum of EUR 50,000. To date, almost two million enterprises are unable to obtain the desired credit. Of these, the greatest difficulty encountered is with applications under 20,000€. Lendit is also structured and built to be not only a "simple' p2p lending platform, but also to be integrated with financial institutions (thanks to partnerships with banks and intermediaries) in order to so as to create an open, multi-platform system that allows users to use innovative p2p lending services directly from their home banking
  • Seed Venture — Seed Venture is a blockchain-based platform that decentralizes fundraising activities for startups and SMEs by providing liquidity matching between investors and startups.
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Wayra
VC Fund · Madrid, Madrid, Spain · 2 investments in Italy Impact startups

Wayra is a globally connected and technological open innovation hub in the world. We currently operate in 10 countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela.Through Telefónica our global presence allows us to be at the helm of innovation, shoulder to shoulder with drivenentrepreneurs and in a position to engage the right partners and leaders of industries for business. Our mission is clear, to connect innovators with Telefónica and generate joint business opportunities. We are the interface between Telefónica and entrepreneurial ecosystems across the globe because innovation makes good business sense.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Spain, United Kingdom, United States

Investor stats

  • Total investments: 240
  • Round size: Seed $145k–$2.6M; Series A $2.5M–$15M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Gamium — Gamium is a Web3 and Metaverse technology company building the truly Decentralized Social Metaverse.
  • MetaSoccer — MetaSoccer is a decentralized football metaverse where you can create your own club and generate income while you run it.
  • Smart Protection — Protect your revenue by eliminating threats and infringements. Gain full visibility of what is happening with your brand online.
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A11 Venture
VC Fund · Lucca, Toscana, Italy · 2 investments in Italy Impact startups

A11-Venture investe nel capitale di startup innovative nei settori della robotica, automazione, meccatronica, cleantech, web e IT. Facilita la nascita e lo sviluppo di business innovativi globali per il futuro dell'economia locale. Contribuisce a costruire aziende, lavoro qualificato, brevetti, innovazione capaci di rilanciare e riportareinvestimenti e risorse sul territorio. I soci di A11 Venture credono fermamente nell’innovazione grazie a ciò è possibile crescere per linee esterne diversificando i propri investimenti, grazie ad un portafoglio di imprese, con una forte risk mitigation derivante dalla gestione professionale di tutti processi: scouting, team building, investimenti, management degli investimenti, accelerazione e disinvestimento.

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Investment focus

  • Industry: Biotechnology, Medical Device, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Italy, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $384k–$1.4M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Reefilla — Reefilla EV charging services: recharge your car anywhere, anytime
  • Endostart — Endostart development and manufacturing of a new generation medical devices for gastrointestinal endoscopy.
  • Neuron Guard — Neuron Guard, recognized as the best European startup in HEALTH category (Startup Europe Awards - SEUA 2017), is developing a life-saving medical device that aims to become the standard of care for Targeted Temperature Management (TTM) therapy. Every 7 seconds around the world a person suffers of Acute Brain Damage because of CardiovascularDiseases (CVD) and Traumatic Brain Injury (TBI). They are the most costly and prevalent killers in the last 15 years (15 million deaths by CVD in 2015), and the leading cause of disability (the global incidence rate of TBI is 200 per 100k people per year). WHO estimated a global expenditure of $ 330 billion in 2015, but it is going to increase sharply: $ 4 trillion in 2025 - including premature death, disability, and health care costs - just for CVD in LMICs. Temperature is a vital body parameter. It regulates all cellular functions so its management is essential for the good outcome of patients in several medical conditions such as cardiac arrest, stroke, traumatic brain injury, neuro and cardiac surgery, epilepsy, migraine and oncology. Regulating body temperature at a desired level makes all other treatments more effective. The most modern medical approach is the target temperature management, where physicians try to maintain the most favourable temperature for the patient for up to 24-36 hours, preventing excessive warming (fever) or cooling.Our device is a targeted temperature management system composed by a THERAPEUTIC COLLAR POWERED BY A SMART CONTROL UNIT (the size of a small briefcase). The collar transforms the neck into a natural heat exchanger exploiting several physiological and anatomical characteristics of the human body. It is quicker to act on brain tissue but can also function as total body temperature adjusting device if required. A disposable protective shield makes cleaning the collar after each use simple while featuring an optimal safety profile both in term of pathogens and allergens. The control unit collects all the data of the treatment and transmits them to the Emergency Response System. Our mission is to improve the safety of patients on the roadside, at home or in the workplace, and to reduce the costs of chronic care. In fact, Neuron Guard aims to be the only device that can be used in every circumstance, inside and outside the hospital, and allow the user to fully manage the temperature of the patient warming and cooling as necessary. Our vision is to have a Neuron Guard kit in every public place just like the Automatic External Defibrillator (AED) to empower bystanders to immediately react in case of emergency. Under this perspective our device becomes a connected-intelligent platform that takes care of the patient, connects the scene with the Emergency Response System transmitting vital data to improve the readiness and effectiveness of professional intervention.The device is patented in Italy, USA and China. We have made several prototypes in collaboration with Italian and English companies, such as Tecno Elettra Impianti and TWI, tested it in laboratory and published the experimental results on the NeuroCritical Care Journal. We have also conducted a GAP Analysis with another English consulting firm (CDP) and we are testing the human prototype internally. We are seeking to raise 2.5M€ to complete the pre-industrialization, with design and construction of the human device for the pilot trial, finalized the regulatory clearance and launch it into the market in 2019.
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Sport Horizon Holding S.p.a.
VC Fund · Turin, Piemonte, Italy · 2 investments in Italy Impact startups

Sport Tech Investment Company

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Investment focus

  • Industry: Apps, Sports, Fitness
  • Stage:Seed, Convertible Note
  • Geography: Italy, Germany

Investor stats

  • Total investments: 6
  • Round size: Seed $920k–$2.3M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • AWorld — AWorld is The Sustainability Platform and Mobile App chosen by the United Nations to support the ActNow Campaign.
  • Hoopers — Global basketball community platform connecting players, fans and enthusiasts through products, contents, experiences and NFTs.
  • PunchLab — Download PunchLab Choose among martial arts & combat sports workouts designed for boxing, MMA, karate and kickboxing training. Track any punching and kicking combination you throw at the punching bag USING ONLY YOUR PHONE! Follow audio workouts while you hit the punching bag or shadowbox.
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Eiffel Investment Group
VC Fund · Paris, Ile-de-France, France · 2 investments in Italy Impact startups

Eiffel Investment Group is a portfolio manager with €4 billion assets under management*. Eiffel’s investor base consists of large institutional investors (insurance companies, mutual funds, pension funds, banks, large family offices, public investors) as well as individual investors via retail distribution channels. Backed by the Impala groupfounded by entrepreneur Jacques Veyrat, Eiffel Investment Group leverages its strong corporate expertise particularly in the field of energy transition, but also in the health, agri-food, and information & communication technology sectors.Eiffel finances companies and their assets through four main strategies: private debt, private equity, energy transition infrastructure, and listed equities and credit. Eiffel Investment Group’s mission is to invest for a sustainable world. Its investment strategies aim to generate not only a strong financial performance but also positive and measurable social and environmental impacts. The Eiffel Investment Group has brought together a team of around 80 talented professionals based mainly in France (Paris) but also in The Netherlands (Amsterdam) and in the USA (New York).* early 2022, including uncalled commitments.

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Investment focus

  • Industry: Software, Renewable Energy, Financial Services
  • Stage:Debt Financing, Seed
  • Geography: France, Israel, Ireland

Investor stats

  • Total investments: 35
  • Round size: Seed $219k–$26M; Debt Financing $2.2M–$110M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • GreenBig — GreenBig is a manufacturer of smart plastic bottle collection kiosks
  • mylight150 — Mylight150 contributes to the creation of a society in which people generates own electricity to ensure self-sufficiency and long-term abundance.
  • Elum Energy — Elum Energy is an energy and automation company that supplies efficient monitoring and control solutions for solar energy systems.
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Italian Angels for Growth
VC Fund · Milan, Lombardia, Italy · 2 investments in Italy Impact 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: 100
  • Round size: Seed $329k–$4.6M; Angel $219k–$1.2M; Series A $2.7M–$11M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Cato AI — Cato AI is a Milan-based B2B SaaS startup that uses AI to automate public tender management.
  • Fitprime — Il Partner unico per il Wellbeing Aziendale
  • Alomana
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Barclays Sustainable and Impact Banking
VC Fund · London, England, United Kingdom · 2 investments in Italy Impact startups

Barclays is providing the green and sustainable finance required to transform the economies we serve.

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Investment focus

  • Industry: Energy, Renewable Energy, Industrial
  • Stage:Series A, Series B
  • Geography: United Kingdom, Italy, Ireland

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • LuxWall — LuxWall is accelerating the global transition to net zero by upgrading windows and glass into transparent insulation for buildings.
  • SaveMoneyCutCarbon — We help businesses and now homeowners take practical steps to be more sustainable, cutting energy & water bills, resulting in reduced carbon emissions.
  • Sustainable Ventures — Welcome to the home of Climate Tech. We are a full service ecosystem empowering sustainable start-ups to scale through community, investment, innovation and workspace.
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Rancilio Cube
VC Fund · Milano, Lombardia, Italy · 2 investments in Italy Impact startups

Cube is the investment office founded by Rancilio family

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Investment focus

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

Investor stats

  • Total investments: 66
  • Lead/follow: no public data

Portfolio highlights

  • Convoy — Using technology and automation, the Convoy Platform seamlessly connects carriers with shipments from brokers across the nation.
  • FinCompare - Smarter Business Finance — FinCompare was founded by Stephan Heller and is a fintech startup that helps businesses to find, compare, and close the financing solutions. Via the online platform, companies can access a wide range of financing options. They can independently compare offers from well-known banks, fintechs, and alternative financial services providers in Germanyand close the financing. The company also offers a convenient one-stop destination for all financing questions relating to the company.FinCompare financing solutions including corporate loan, factoring, company leasing/hire purchase, warehouse financing, fine trading/purchase financing, and mezzanine capital. It simplifies the financing process with its digital application process and can thus provide your company financing. The company allows SMEs to receive and compare various offers for loans.FinCompare was founded in October 2016 by Stephan Heller and is headquartered in Berlin, Germany.
  • Finom — Finom is an online payment solution for entrepreneurs that makes it easy to open a business account and securely manage their finances.
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Progress Tech Transfer Fund
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Italy Impact startups

Investment fund specialized in sustainable technologies from universities and public research organizations, start-ups, spin-offs, and entrepreneurs.

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Investment focus

  • Industry: Water, Biotechnology, Manufacturing
  • Stage:Series A, Seed
  • Geography: Italy, Ireland, United Kingdom

Investor stats

  • Total investments: 13
  • Round size: Seed $176k–$1.6M; Series A $9.9M–$15M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • WembraneX — WembraneX's goal is to make wastewater treatment facilities more cost-effective by introducing a new class of anti-fouling and anti-biofouling membranes.
  • Naturbeads — Naturbeads creates biodegradable, sustainable and cost competitive cellulose microbeads to replace currently used microplastics.
  • Valuematic — Valuematic realizza soluzioni per il trattamento e gestione dei dati favorendo il miglioramento nei processi organizzativi e informativi di aziende ed enti.
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Azimut Holding
VC Fund · Milan, Lombardia, Italy · 2 investments in Italy Impact startups

Azimut Holding is an independent financial company that offers investment solutions to develop excellent levels of experience. The company's business model is based on the vertical integration between asset management and distribution. It has portfolio managers and analysts based in major hubs around the world and a network of client-facingfinancial advisors operating to deliver quality advice to clients.Azimut Holding was founded on 1989 and is headquartered in Milan, Italy.

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Investment focus

  • Industry: FinTech, Software, Blockchain
  • Stage:Seed, Series A
  • Geography: Italy, China, Mexico

Investor stats

  • Total investments: 29
  • Round size: Seed $2.3M–$9M; Series A $1.8M–$18M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Tuidi — Tuidi is a tech startup that develops predictive models of AI, with a particular focus on the food distribution sector. They combine methodical study of data, personalization of business processes and speed of integration for to return an output that is not only accurate but also free from interpretation difficulties so as to increase profits,reduce stock outages and optimize inventories.
  • RedCarbon — RedCarbon is a cyber automation company that supports security using AI and NLP. RedCarbon was founded in 2020 and was headquartered in Lugano, Switzerland.
  • Colossus — Technical provider in institutional blockchain infrastructure, bridging the gap between Asset Holders and yield generation. We empower financial institutions to manage assets while maintaining the highest standards of security and transparency.
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Espe
VC Fund · Grantorto, Veneto, Italy · 2 investments in Italy Impact startups

Espe manufactures, designs, and develops dependable green energy systems based on hydroelectric and photovoltaic technology.

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Investment focus

  • Industry: Energy, Renewable Energy
  • Stage:Corporate Round
  • Geography: Italy

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Rigoni Lab — Servizi di progettazione ingegneristica per impianti fotovoltaici e BESS: soluzioni tecniche affidabili, conformi e orientate alle performance.
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Boost Heroes
VC Fund · Milan, Lombardia, Italy · 2 investments in Italy Impact startups

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

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Investment focus

  • Industry: E-Commerce, Software, Apps
  • Stage:Seed, Series A
  • Geography: Italy, United States, Hong Kong

Investor stats

  • Total investments: 54
  • Round size: Seed $219k–$1.9M; Series A $6M–$7.7M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Cosaporto — Cosaporto is a home delivery service bringing users goods from upmarket and premium shops in Rome, Milan, Turin, Bologna, Florence, and London. The startup carefully selects the best independent shops, producers and artisans, delivered directly to the user’s doorstep within hours of ordering. The service can be used to send beautiful gifts, or forevents, as well as surprises. Currently, Cosaporto operates in several Italian cities, including Rome, Milan, Turin, Bologna, Florence and last year it launched a London branch of the business.
  • Ricehouse — Ricehouse uses organic residues, such as rice straw, husk and chaff, from the rice industry and creates natural construction materials.
  • Babaco Market — Babaco Market is a subscription with which you receive out-of-the-ordinary fruit and vegetables at home. Products that do not exceed the beauty contests organized by traditional channels and which risk being wasted. We deliver them to your home, in a box. Bring all the goodness of nature to the table and reduce food waste!
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Ambienta
VC Fund · Milan, Lombardia, Italy · 2 investments in Italy Impact startups

Founded in 2007, with offices in Milan, Munich, London and Paris Ambienta is a leading asset manager entirely focused on investments driven by environmental sustainability key drivers, Resource Efficiency and Pollution Control

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Investment focus

  • Industry: Manufacturing, Energy, Computer
  • Stage:Private Equity, Series A
  • Geography: Italy, United Kingdom, Germany

Investor stats

  • Total investments: 16
  • Round size: Private Equity $19M–$33M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $293M in 2024

Portfolio highlights

  • Caprari — Caprari design, production, and distribution of centrifugal pumps and motors for the integrated water cycle.
  • Nactarome — Nactarome are manufacturer and producer of natural food flavoring components, colours, and ingredients sector.
  • Maccaferri — Maccaferri provides tailor-made design and development solutions for complex civil, geotechnical and environmental engineering works all around the word.
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Crédit Agricole Italia
VC Fund · Parma, Emilia-Romagna, Italy · 2 investments in Italy Impact startups

Crédit Agricole Italia is a bank that offers loans and financial services.

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Investment focus

  • Industry: Manufacturing, Building Material, Financial Services
  • Stage:Debt Financing, Seed
  • Geography: Italy, Spain

Investor stats

  • Total investments: 16
  • Round size: Debt Financing $1.3M–$176M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • FoolFarm — UN NUOVO MODO DI CREARE STARTUP Investiamo in imprenditori con idee rivoluzionarie in AI e Deep-tech. Offriamo supporto operativo ed investimenti per costruire aziende leader attraverso un metodo validato ed un team esperto in startup. CANDIDA LA TUA IDEA DIVENT
  • FITT — FITT specializes in thermoplastic fluid transfer and management solutions.
  • Acque del Chiampo — Acque del Chiampo has always been dedicated to managing the integrated water cycle in a transparent and sustainable manner while honoring the environment and the communities we serve.
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Primo Capital
VC Fund · Milan, Lombardia, Italy · 2 investments in Italy Impact startups

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, Aerospace, Information Technology
  • Stage:Seed, Series A
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 82
  • Round size: Seed $306k–$5.5M; Series A $3.3M–$25M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • PunchLab — Download PunchLab Choose among martial arts & combat sports workouts designed for boxing, MMA, karate and kickboxing training. Track any punching and kicking combination you throw at the punching bag USING ONLY YOUR PHONE! Follow audio workouts while you hit the punching bag or shadowbox.
  • Lithium Lasers — Lithium Lasers are manufacturer of compact and robust ultrafast lasers.
  • Yolo Tech Insurance — YOLO Group, uno dei principali operatori nel mercato insurtech italiano dei servizi assicurativi digitali, quotato in borsa sul segmento EGM.
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Equiter
VC Fund · Turin, Piemonte, Italy · 2 investments in Italy Impact startups

Equiter seleziona, realizza e gestisce investimenti infrastrutturali in capitale di rischio finalizzati allo sviluppo socio-economico del territorio.

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Investment focus

  • Industry: Medical, Health Care, Information Technology
  • Stage:Seed, Series B, Convertible Note
  • Geography: Italy

Investor stats

  • Total investments: 6
  • Round size: Seed $2.2M–$3.8M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • AWorld — AWorld is The Sustainability Platform and Mobile App chosen by the United Nations to support the ActNow Campaign.
  • Medics — 3D anatomical modeling per la pianificazione pre-operatoria e il supporto intra-operatorio delle chirurgie complesse.
  • Faccin Group — Faccin Group leads in manufacturing top tier metal forming & bending machines. Operating as Faccin, Roundo & Boldrini, we offer unparalleled expertise.
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Invitalia
VC Fund · Roma, Lazio, Italy · 2 investments in Italy Impact startups

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, Information Technology, Travel
  • Stage:Grant, Debt Financing, Seed
  • Geography: Italy, Sweden

Investor stats

  • Total investments: 50
  • Round size: Seed $532k–$1.1M; Grant $22k–$735k; Debt Financing $212k–$1.9M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Tutornow — Ripetizioni online in matematica, fisica, inglese e oltre 150 materie. Ripetizioni per DSA e BES con tutor certificati. Lezioni online individuali da 60 minuti.
  • BILLD — Billd is a cleantech firm that offers the first digital receipt service to capture huge data from the offline market using AI.
  • Collecto App — Collecto App objective is to democratize access to luxury items by sharing value and removing economic barriers. Collecto promotes financial and environmental sustainability by allowing consumers to share luxury goods while reducing environmental impact through more effective resource use.
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Azimut Libera Impresa
VC Fund · Milano, Lombardia, Italy · 1 investments in Italy Impact startups

Azimut Libera Impresa is an investment company for both retail and institutional investors.

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Investment focus

  • Industry: Software, Information Technology, Food and Beverage
  • Stage:Series A, Seed
  • Geography: Italy, France, Switzerland

Investor stats

  • Total investments: 22
  • Lead/follow: no public data

Portfolio highlights

  • Tundr — Tundr offers smartcard to companies for sustainable mobility.
  • Reefilla — Reefilla EV charging services: recharge your car anywhere, anytime
  • MECH-I-TRONIC — Innovating precision engineering with custom solutions
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Growth Engine
VC Fund · Milan, Lombardia, Italy · 1 investments in Italy Impact startups

Growth Engine is a holding company that invests in startups and scaleups with high growth potential founded by Fabio Mondini de Focatiis, Andrea Marangione, Michele Appendino and Marco Ariello, Venture Capital professionals with an excellent track record. Growth Engine invests in Italian startups at the Pre-Seed and Seed stage.

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Investment focus

  • Industry: E-Commerce, Information Technology, Software
  • Stage:Seed, Secondary Market, Pre-Seed
  • Geography: Italy, Mexico, United Kingdom

Investor stats

  • Total investments: 40
  • Lead/follow: no public data

Portfolio highlights

  • Cubbit — Cubbit is secure encrypted cloud storage with a difference. A distributed cloud that is 100% private and green. Join the Swarm.
  • Zefi.ai — Unify and categorize all feedback automatically. Prioritize better and build what matters.
  • StarTric — StarTric developes and is taken to clinical use as a transcatheter structural heart implantable device. They are developing a unique transcatheter repair implantable device to treat TR. They manage entrance to the right atrium, reducing the flow to the lungs. They offer heart failure, atrial fibrillation, and other morbidities.
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Climate-KIC
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Italy Impact startups

EIT Climate-KIC is a European knowledge and innovation community, working to accelerate the transition to a zero-carbon economy.Supported by the European Institute of Innovation and Technology, we identify and support innovation that helps society mitigate and adapt to climate change. They believe that a decarbonised, sustainable economy is notonly necessary to prevent catastrophic climate change, but presents a wealth of opportunities for business and society.

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Investment focus

  • Industry: Sustainability, CleanTech, Energy
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Switzerland, Germany, United Kingdom

Investor stats

  • Total investments: 13
  • Lead/follow: no public data

Portfolio highlights

  • Everimpact — We help cities, businesses and industries measure, reduce, and monetise their GHG emissions (CO2 and methane). We measure GHG emissions accurately and in real time with satellite imagery, big data and sensors and certify the data.
  • Latitudo40 — Empower sustainable growth with AI-driven satellite insights from Latitudo 40. Unlock precise, real-time data for smarter urban planning, climate risk management, and industry innovation. Enhance resilience and lead with confidence.
  • WindCapture Technologies — WindCapture Technologies utilises the scale of wind turbines to provide affordable and scalable direct air capture of atmospheric carbon dioxide.
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LIFTT
VC Fund · Turin, Piemonte, Italy · 1 investments in Italy Impact 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: Software, Biotechnology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Italy, United Kingdom, France

Investor stats

  • Total investments: 69
  • Round size: Seed $329k–$4.7M; Series A $2.7M–$21M
  • Lead/follow: 35% lead, 65% 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!
  • Maieutical Labs — I Maieutical Labs sono un insieme di piattaforme ispirate al Mastery Learning, immersive e mobile-oriented, dedicate allo studio nella scuola secondaria
  • Wearable Robotics — Wearable Robotics produces and develops wearable robotic systems and exoskeletons for rehabilitation, assistance and human-power augmentation.
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DXT Commodities
VC Fund · Lugano, Ticino, Switzerland · 1 investments in Italy Impact startups

We are an energy trading company committed to the global energy transition, both in the markets we operate in and the choices we make.

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Investment focus

  • Industry: Software, Renewable Energy
  • Geography: Italy

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Wesii — Make smarter, safer decisions for your business with our Elios solutions.
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Terna S p A
VC Fund · Rome, Lazio, Italy · 1 investments in Italy Impact startups

Terna Driving Energy. Siamo un grande operatore di reti per la trasmissione di energia elettrica, promuoviamo la transizione energetica e lo sviluppo sostenibile.

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Investment focus

  • Industry: Software, Renewable Energy
  • Geography: Italy

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Wesii — Make smarter, safer decisions for your business with our Elios solutions.
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Seraphim Space Accelerator
VC Fund · London, England, United Kingdom · 1 investments in Italy Impact startups

Early stage space tech accelerator

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Investment focus

  • Industry: Sensor, Software, CleanTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, Ireland

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Ecosmic — Ecosmic is addressing the issue of space debris by inventing plug-and-play cutting-edge technology that will improve collision avoidance, allowing space operators to save both money and time.
  • FlyPix AI — Use AI to detect, monitor, and inspect. Save up to 99.7% of your time with AI based satellite, aerial and drone image analysis.
  • LambdaVision — LambdaVision, Inc. is commercializing a retinal implant to restore vision for the millions of patients suffering from retinitis pigmentosa (RP) and age-related macular degeneration (AMD).
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NextSteps Capital
VC Fund · 1 investments in Italy Impact startups

NextSteps Capital

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Investment focus

  • Industry: Big Data, Analytics, CleanTech
  • Stage:Pre-Seed, Series A, Series B
  • Geography: Italy, Ireland

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Deciphex — Deciphex - Transforming Digital Pathology - we are focussed on the development of applications for clinical and veterinary pathology that improve productivity
  • Ganiga Innovation — Ganiga is an innovative startup in the Cleantech and Circular Economy sector, known for patenting and inventing a smart waste bin derived from materials recovered from decommissioned wind turbine blades from Enel Green Power. This integration of open innovation with the circular economy allows for autonomous waste separation using AI, generatingstatistics and data on waste types and quantities. The system notifies and plans optimized waste collection routes, reducing personnel costs and pollution associated with waste collection.Key Features of Ganiga's Solution:AI-Based Waste Sorting: The core of Ganiga's solution lies in its artificial intelligence technology, enabling automated waste recycling. Machine learning algorithms recognize and separate various waste materials, enhancing recycling process efficiency.Smart Waste Bins: Ganiga's intelligent waste bins are equipped with sensors and technology to identify and categorize waste as it is disposed of. Real-time data collection enables precise waste management and optimization.Data-Driven Waste Insights: The system gathers data on waste disposal patterns, providing detailed insights into consumer behavior, waste production trends, and recycling rates. This data-driven approach assists municipalities and businesses in making informed decisions.Customizable Waste Management: Ganiga's solution can be tailored to meet diverse waste management needs, whether in urban areas, public spaces, or corporate settings. The technology adapts to various environments and waste flows.Promoting Sustainability: Ganiga's solution encourages sustainable waste disposal practices, increasing recycling rates and diverting more materials from landfills, contributing to a greener and more environmentally friendly future.Seamless Integration: Ganiga's system seamlessly integrates with existing waste management infrastructure, simplifying adoption for municipalities and organizations without significant disruptions.Remote Monitoring: The solution's remote monitoring capabilities allow real-time tracking of waste bin statuses, optimizing waste collection routes and schedules, reducing costs, and minimizing environmental impact.This innovative startup's focus on AI-driven waste management and sustainability aligns with global efforts to address environmental challenges. Ganiga's commitment to reducing waste, enhancing recycling, and providing efficient waste management solutions positions it as a key player in shaping a more sustainable and environmentally conscious future.
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Compagnia di San Paolo
VC Fund · Torino, Piemonte, Italy · 1 investments in Italy Impact startups

Siamo una fondazione bancaria che ha allineato la sua struttura agli Obiettivi di Sviluppo Sostenibile delle Nazioni Unite. Promuoviamo progetti e lanciamo bandi a Torino e nel territorio di Piemonte, Liguria e Valle d'Aosta.

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Investment focus

  • Industry: Software, Information Technology, Battery
  • Stage:Grant, Pre-Seed, Convertible Note
  • Geography: Italy, Sweden

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Eoliann — Eoliann offers a climate risk assessment and prediction API to financial institutions. Our solution leverages satellite data and proprietary ML algorithms to forecast the probability and impact of specific climate risk events
  • Northvolt — Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plant to produce batteries for electric vehicles. Northvolt's product is an environment-friendly batterymanufactured with minimal carbon footprint and with recycling technology without compromising with important eco-systems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.In 2016, Paolo Cerruti and Peter Carlsson headquartered the company in Stockholm, Stockholms Lan.
  • Paperbox Health — Paperbox Health is breaking down accessibility barriers for the early identification and treatment of cognitive issues. Applying a combination of gaming principles and telemedicine allows children and families to access an accessible and engaging experience to identify cognitive issues in advance and maximize the efficacy of a preventiveintervention.
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Club Italia Investimenti 2
VC Fund · Milan, Lombardia, Italy · 1 investments in Italy Impact 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, Pre-Seed
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 80
  • Lead/follow: no public data

Portfolio highlights

  • UNGUESS (formerly AppQuality) — UNGUESS is the crowdsourcing platform for effective testing and real insights. Take the guesswork out of your work.
  • Paragraph — Powerful stories and powerful storytellers. Each week find seven of the world's best shorts in text, audio, and video: http://bit.ly/1usXQd5
  • 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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COREangels Climate
VC Fund · Roma, Lazio, Italy · 1 investments in Italy Impact startups

COREangels Climate co-invests along with top tiers Venture Capital Funds in the best Southern European early stage startups that are contributing to fight climate change.

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Investment focus

  • Industry: Energy, Industrial Manufacturing, Wireless
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Italy, Spain, Germany

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • SolidWatts — We electrify industrial process heating by creating the new state-of-the-art in microwave and radio frequency power sources for industry.
  • Tether — At Tether, we're on a mission to democratize the Energy Transition and empower individuals to fight climate change. Our software converts electric vehicles into energy storage units, allowing owners to play an active role in reducing their carbon footprint and earn rewards in the process. By controlling the charging of EVs connected to privatechargers throughout the city, we're able to provide grid flexibility, reduce electricity costs for owners, and even generate passive income for EV owners through profit sharing. We believe that climate leadership is not just about individual impact, but the collective efforts of like-minded individuals to effect real, actionable change. Our synchronized EV charging reduces the need for compensating fossil fuels, while allowing for the introduction of even more renewable power. At Tether, we stand behind our belief that great things can be achieved when we come together.
  • MESPAC — MESPAC is a service suite that delivers to the offshore wind and ocean energy industries highly accurate, continuous, and spatially-refined wind, wave, and other metocean information for project development, financing, and operation.
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RoboIT
VC Fund · 1 investments in Italy Impact startups

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

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Investment focus

  • Industry: Medical, Manufacturing, Medical Device
  • Stage:Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • SunCubes — SunCubes is an innovative startup developing wireless energy transmission technologies using lasers, enabling applications like drone recharging and remote sensor power, driving efficiency.
  • Eye2Drive — EYE2DRIVE is a young company designing and building a new imaging sensor for the autonomous cars. We are based in Tuscany, Italy.
  • PhotonPath — Enabling seamless integration between Photonics and Electronics for a faster, more connected and sustainable future
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40Jemz Ventures
VC Fund · Verona, Veneto, Italy · 1 investments in Italy Impact startups

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, Advice, Computer
  • Stage:Seed, Pre-Seed
  • Geography: Italy

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • PREFE — PREFE is a real-time BI platform for FMCG, delivering instant insights on pricing, distribution, and promotions to boost profitability.
  • Syllog AI — Syllog AI provides solutions that use the most latest generative artificial intelligence technology to revolutionize way firms approach employee retention and growth.
  • Forte! — Forte! is an AI-powered assistant that automates import, audio editing, and export.
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SACE
VC Fund · Milano, Lombardia, Italy · 1 investments in Italy Impact startups

SACE provides credit insurance, investment protection, financial guarantees, and market advisory services to companies.

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Investment focus

  • Industry: Energy, Renewable Energy
  • Stage:Debt Financing
  • Geography: Italy

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Ecoross — Ecoross eroga servizi inerenti alla gestione rifiuti, bonifica amianto, sanificazione ambienti, noleggio bagni chimici e pulizia stradale.
  • Sorgenia — Sorgenia is an electricity and natural gas producer and distributor committed to providing renewable electricity to homes. The firm produces electricity, engaged in clean energy projects, and distributes natural gas.
  • Antonio Carraro — Antonio Carraro is a manufacturer of compact tractors for agriculture and civil maintenance.
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Pariter Partners
VC Fund · Milano, Lombardia, Italy · 1 investments in Italy Impact 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: Electronics, Semiconductor, Nanotechnology
  • Stage:Seed
  • Geography: Italy

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • J4Energy — J4ENERGY is a digital energy platform that uses "Energy Co-Pilot" technology to assist industrial decision-makers in decarbonisation processes. The platform reduces costs and emissions by over 50% at various plants, aims to accelerate the energy transition in the industrial sector.
  • Eye2Drive — EYE2DRIVE is a young company designing and building a new imaging sensor for the autonomous cars. We are based in Tuscany, Italy.
  • Fluid Wire Robotics — Fluid Wire Robotics sets the new standard for robots in harsh environments. We design innovative robotic arms that excel in radioactive, explosive, space, and subsea applications, avoiding the complexity and cost of traditional solutions. Our technology ensures unparalleled safety, reliability, and efficiency, redefining robot design for any challenging environment without performance loss. Discover our groundbreaking approach and robust, versatile solutions.
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EIT Digital
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Italy Impact startups, 9 in the past 12 months

Join Europe's largest digital innovation ecosystem. For a strong digital Europe. Inclusive. Fair. Sustainable.

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Investment focus

  • Industry: Information Technology, Software, Internet
  • Stage:Pre-Seed, Grant, Seed
  • Geography: Italy, Spain, Poland

Investor stats

  • Total investments: 22
  • Lead/follow: no public data

Portfolio highlights

  • VoiceMed — Track respiratory health using voiceWe bring deep-tech innovation into your smartphone. With vocal biomarkers and artificial intelligence, we track the evolution of respiratory diseases.
  • Assiduous — The AI-enabled platform to do the heavy-lifting for business owners seeking finance for their aspiring growth company.
  • Veganistik — Veganistik is a new generation vegan social platform, helping you start your plant-based life or maximize your experience.
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Green Arrow Capital
VC Fund · Milan, Lombardia, Italy · 1 investments in Italy Impact startups

Green Arrow Capital is an independent financial group specializing in alternative investments across Europe. They represent a one-of-a-kind platform, capable of connecting the financial system with the real economy through the management of private equity, private debt, infrastructure, and special credit situation funds as well as thematic fundssuch as microfinance and funds of funds that are currently under management. Their team has a successful track record in asset management, investment banking, industry sectors, technology startups, management consulting, renewable energy, and has government and regulatory experience. Their group is mainly composed of investment, asset management, and financial advisory companies. Their aim is to create a solid financial platform to launch and manage investment funds dedicated to alternatives and to the real economy.

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Investment focus

  • Industry: Health Care, Biotechnology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Italy, United Kingdom

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Cogisen — Cogisen develops artificial intelligence solutions. It offers SENCOGI, an eye-tracking software for smartphones/mobile phones. Chiara Passacantilli and Christiaan Erik Rijnders founded Cogisen in 2009. Its headquarters is in Naples in Italy.
  • Directa Plus — Directa Plus is a nanotechnology company, manufactures nanoparticles.
  • Glomeria Therapeutics — Glomeria Therapeutics researches, develops, and markets new medical devices for the treatment of serious diseases in the nephrological area. It offers DesmoPD, peritoneal dialysis connection system; SmartPD, an automated management device for peritoneal dialysis solutions to be instilled in peritoneum; and solutions for peritoneal dialysis.Andrea Zanella founded Glomeria Therapeutics in 2010. Its headquarters is in Chieti in Italy.
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Tecno
VC Fund · Scalenghe, Piemonte, Italy · 1 investments in Italy Impact startups

Tecno provides sustainability consulting services. They offer to their clients services aimed at increasing their ESG rating and digitizing all required data, through a virtuous path. Their r team is made up of highly qualified professionals who optimize internal processes and support companies in all phases: consulting, device installation,assistance.

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Investment focus

  • Industry: Marketing, Sustainability
  • Stage:Seed
  • Geography: Italy

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Up2You — Up2You helps companies reduce and compensate for emissions and to communicate their engagement to their stakeholders. It enables companies to calculate, monitor and reduce their environmental impact. The company's mission is to incentivize sustainable actions by offering and supporting corporate business models with a real positive impact onthe environment.Up2You was founded in 2020 and is headquartered in Milan, Italy.
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