# Top 50 Impact VC (Venture Capital) Funds in Italy in June 2026

## CDP Venture Capital
- Type: VC Fund
- Location: Rome, Lazio, Italy
- Relevant deals: 20
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

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

## 360 Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 9
- Stages: Seed, Series A
- Focus: Software, E-Commerce, Information Technology

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.

## Intesa Sanpaolo
- Type: VC Fund
- Location: Torino, Piemonte, Italy
- Relevant deals: 8
- Stages: Debt Financing, Post-IPO Debt, Convertible Note
- Focus: Energy, Financial Services, Renewable Energy

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.

## Cassa Depositi e Prestiti
- Type: VC Fund
- Location: Rome, Lazio, Italy
- Relevant deals: 8
- Stages: Debt Financing, Post-IPO Debt, Pre-Seed
- Focus: Energy, Manufacturing, CleanTech

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.

## UniCredit
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 8
- Stages: Debt Financing, Post-IPO Debt, Seed
- Focus: Manufacturing, Energy, Renewable Energy

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

## Tech4Planet
- Type: VC Fund
- Relevant deals: 6
- Stages: Seed, Pre-Seed
- Focus: Renewable Energy, Energy, Manufacturing

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 .

## Innogest Capital
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 6
- Stages: Series A, Series B
- Focus: Health Care, Medical, Medical Device

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

## EUREKA! Venture SGR
- Type: VC Fund
- Location: Milano, Lombardia, Italy
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Nanotechnology, Manufacturing, Medical Device

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

## Vertis
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Computer, E-Commerce

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

## Creative Thinking Ventures
- Type: VC Fund
- Location: Albertville, Rhone-Alpes, France
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, SaaS, Tourism

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

## Farming Future
- Type: VC Fund
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Agriculture, AgTech, Organic

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

## Principia SGR
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Health Care, Biotechnology, Software

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.

## Banco BPM
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 3
- Stages: Debt Financing, Post-IPO Debt, Pre-Seed
- Focus: Manufacturing, Renewable Energy, Energy

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

## Banca Patrimoni Sella & C.
- Type: VC Fund
- Location: Torino, Piemonte, Italy
- Relevant deals: 3
- Stages: Seed, Debt Financing, Pre-Seed
- Focus: Energy, Software, Sustainability

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

## EIT Urban Mobility
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Transportation, Information Technology

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.

## dPixel
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Blockchain, E-Commerce

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

## Wayra
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

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.

## A11 Venture
- Type: VC Fund
- Location: Lucca, Toscana, Italy
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Biotechnology, Medical Device, E-Commerce

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.

## Sport Horizon Holding S.p.a.
- Type: VC Fund
- Location: Turin, Piemonte, Italy
- Relevant deals: 2
- Stages: Seed, Convertible Note
- Focus: Apps, Sports, Fitness

Sport Tech Investment Company

## Eiffel Investment Group
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Debt Financing, Seed
- Focus: Software, Renewable Energy, Financial Services

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.

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

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

## Barclays Sustainable and Impact Banking
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Energy, Renewable Energy, Industrial

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

## Rancilio Cube
- Type: VC Fund
- Location: Milano, Lombardia, Italy
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Software, Financial Services

Cube is the investment office founded by Rancilio family

## Progress Tech Transfer Fund
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Water, Biotechnology, Manufacturing

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

## Azimut Holding
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: FinTech, Software, Blockchain

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.

## Espe
- Type: VC Fund
- Location: Grantorto, Veneto, Italy
- Relevant deals: 2
- Stages: Corporate Round
- Focus: Energy, Renewable Energy

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

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

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

## Ambienta
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 2
- Stages: Private Equity, Series A
- Focus: Manufacturing, Energy, Computer

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

## Crédit Agricole Italia
- Type: VC Fund
- Location: Parma, Emilia-Romagna, Italy
- Relevant deals: 2
- Stages: Debt Financing, Seed
- Focus: Manufacturing, Building Material, Financial Services

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

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

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

## Equiter
- Type: VC Fund
- Location: Turin, Piemonte, Italy
- Relevant deals: 2
- Stages: Seed, Series B, Convertible Note
- Focus: Medical, Health Care, Information Technology

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

## Invitalia
- Type: VC Fund
- Location: Roma, Lazio, Italy
- Relevant deals: 2
- Stages: Grant, Debt Financing, Seed
- Focus: Software, Information Technology, Travel

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.

## Azimut Libera Impresa
- Type: VC Fund
- Location: Milano, Lombardia, Italy
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Information Technology, Food and Beverage

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

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

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.

## Climate-KIC
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 1
- Stages: Seed, Grant, Pre-Seed
- Focus: Sustainability, CleanTech, Energy

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.

## LIFTT
- Type: VC Fund
- Location: Turin, Piemonte, Italy
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Manufacturing

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

## DXT Commodities
- Type: VC Fund
- Location: Lugano, Ticino, Switzerland
- Relevant deals: 1
- Focus: Software, Renewable Energy

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

## Terna S p A
- Type: VC Fund
- Location: Rome, Lazio, Italy
- Relevant deals: 1
- Focus: Software, Renewable Energy

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

## Seraphim Space Accelerator
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Sensor, Software, CleanTech

Early stage space tech accelerator

## NextSteps Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed, Series A, Series B
- Focus: Big Data, Analytics, CleanTech

NextSteps Capital

## Compagnia di San Paolo
- Type: VC Fund
- Location: Torino, Piemonte, Italy
- Relevant deals: 1
- Stages: Grant, Pre-Seed, Convertible Note
- Focus: Software, Information Technology, Battery

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.

## Club Italia Investimenti 2
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Software, Mobile

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

## COREangels Climate
- Type: VC Fund
- Location: Roma, Lazio, Italy
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Energy, Industrial Manufacturing, Wireless

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.

## RoboIT
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Medical, Manufacturing, Medical Device

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

## 40Jemz Ventures
- Type: VC Fund
- Location: Verona, Veneto, Italy
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Artificial Intelligence, Advice, Computer

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

## SACE
- Type: VC Fund
- Location: Milano, Lombardia, Italy
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Energy, Renewable Energy

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

## Pariter Partners
- Type: VC Fund
- Location: Milano, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed
- Focus: Electronics, Semiconductor, Nanotechnology

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

## EIT Digital
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Pre-Seed, Grant, Seed
- Focus: Information Technology, Software, Internet

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

## Green Arrow Capital
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Biotechnology, Manufacturing

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.

## Tecno
- Type: VC Fund
- Location: Scalenghe, Piemonte, Italy
- Relevant deals: 1
- Stages: Seed
- Focus: Marketing, Sustainability

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.
