# FMA

> FMA is a VC fund backing News and Local. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 1
- Last investment: Feb 2011
- Lead investor: 0%
- Last updated: Aug 2026

FMA is a company that provides music downloading services.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| News | 1 | 100% |
| Local | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| CityNews | Citynews is an italian based network of local newspaper sites. Actually active in 9 cities Citynews planning to open in the 30 principal italian cities. Actually 1,4 million visits each months. | $3.6M | Series A | Feb 23, 2011 |  |

1 of 1 investments shown.

## Co-investors
- [Principia SGR](https://shizune.co/investors/profile/quantica-sgr) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Founders Fund](https://shizune.co/investors/profile/founders-fund) — VC Fund
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- [Double M Partners](https://shizune.co/investors/profile/double-m-partners) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [CDP Venture Capital](https://shizune.co/investors/profile/cdp-venture-capital) — VC Fund
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- [Primo Capital](https://shizune.co/investors/profile/barcamper-ventures) — VC Fund

## Featured in investor lists
- [Local Investors in Italy](https://shizune.co/investors/local-investors-italy)
- [Local VC Funds in Italy](https://shizune.co/investors/local-vc-funds-italy)
- [Local VC Funds in Europe](https://shizune.co/investors/local-vc-funds-europe)
- [Media (entertainment) VC Funds in Italy](https://shizune.co/investors/media-entertainment-vc-funds-italy)

## FAQ

### What does FMA invest in?

FMA invests primarily in News and Local startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in Italy. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did FMA last invest?

The most recent investment recorded for FMA closed in Feb 2011. Shizune tracks 1 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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