# Avanzi Etica Sicaf EuVECA

> Avanzi Etica Sicaf EuVECA is a VC fund in Milan backing Fashion, Wellness and Recycling. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Milan, Italy
- Total investments: 3
- Last investment: Mar 2022
- Lead investor: 67%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/aimpact/
- Website: https://www.aimpact.org

Avanzi Etica Sicaf EuVECA is an investment company that supports the development and growth of SMEs and innovative startups .

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $714k–$1.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Fashion | 1 | 33% |
| Wellness | 1 | 33% |
| Recycling | 1 | 33% |
| E-Commerce | 1 | 33% |
| Health Care | 1 | 33% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 67% |
| Series A | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Euleria Health | Euleria is a provider of digital rehabilitation devices and solutions for better recovery of patients. | $1.5M | Seed | Mar 14, 2022 |  |
| Ricehouse | Ricehouse creates sustainable construction materials from organic waste from the rice industry to create natural building materials such as rice straws, husks, and chaff. Their products include insulating panels, base plasters, screeds and subfloors, cladding systems, and vertical matt-closing components. The goal of Ricehouse is to construct ahouse made entirely of rice and everything that houses humans, from the smallest to the largest scales. | $714.1K | Seed | Mar 16, 2021 |  |
| greenchic | A pioneer of the circular economy, greenchic is the number 1 fashion-logistics startup in Southern Europe. Send us what you wish to swap, and immediately start buying with our reward points system. Thanks to this effortless service model, greenchic offers the fastest DTC way to regain value from no longer used clothing. Through greenchic, memberscan exchange items and revamp their style in an affordable, convenient and sustainable way. With 99% of the products sold, reused, upcycled, or donated to charities within 6 months, greenchic is set to become a European leader in circular fashion. With its growing user base, the highest customer retention rate in fashion recommerce, a 4.5-star TrustPilot rating, the platform offers to its highly engaged community a collection of more than 240.000 items. Thanks to a semi-automated logistic warehouse, an event-driven serverless digital platform, and its own digital token, the startup is experiencing a 2X growth pattern and is supported by some of the best investors from the Italian fashion & social impact scene.greenchic is now operating in Italy and France.Find out more by visiting greenchic.com and following @greenchic on socials. | $3.1M | Series A | Feb 17, 2021 |  |

3 of 3 investments shown.

## Co-investors
- [a|impact](https://shizune.co/investors/profile/a-impact) — VC Fund, 3 deals together
- [4impact](https://shizune.co/investors/profile/4impact) — VC Fund, 1 deal together
- [Angels4Women](https://shizune.co/investors/profile/angels4women) — VC Fund, 1 deal together
- [Banco BPM](https://shizune.co/investors/profile/banco-bpm) — VC Fund, 1 deal together
- [Bio4Dreams](https://shizune.co/investors/profile/bio4dreams) — VC Fund, 1 deal together
- [Brixia Group](https://shizune.co/investors/profile/brixia-group) — VC Fund, 1 deal together

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## FAQ

### What does Avanzi Etica Sicaf EuVECA invest in?

Avanzi Etica Sicaf EuVECA invests primarily in Fashion, Wellness and Recycling startups, most often at Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in Italy. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Avanzi Etica Sicaf EuVECA's check size?

Avanzi Etica Sicaf EuVECA typically joins rounds of $714k–$1.5M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Avanzi Etica Sicaf EuVECA participates in.

### When did Avanzi Etica Sicaf EuVECA last invest?

The most recent investment recorded for Avanzi Etica Sicaf EuVECA closed in Mar 2022. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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