# Gepafin

> Gepafin is a VC fund in Perugia backing Food and Beverage, Retail and FinTech. See 3 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Perugia, Italy
- Total investments: 3
- Last investment: Mar 2024
- Lead investor: 33%
- Last updated: Sep 2026
- Website: https://www.gepafin.it/

Gepafin is a VC fund in Perugia focused on Food and Beverage and Retail. Gepafin they provide service to financial instruments such as small and medium-sized enterprises through long-term bank credit lines, including leasing operations.

## Round sizes

| Stage | Round size |
| --- | --- |
| Venture - Series Unknown | $1.2M–$2.8M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Food and Beverage | 2 | 67% |
| Retail | 1 | 33% |
| FinTech | 1 | 33% |
| Finance | 1 | 33% |
| Craft Beer | 1 | 33% |

10 industries tracked in total.

### Stage

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

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Bflows | Bflows is a fintech company that develops innovative solutions for external financing, balancing, and management of working capital. | $800K | Seed | Mar 31, 2024 |  |
| Flea Societa Agricola | Flea Societa Agricola is active in the production of craft beers, both under its own brand and in private label, strongly linked to the Umbrian territory. | $1.2M | Venture - Series Unknown | Dec 12, 2017 |  |
| Renzini | Renzini is produces and sells its own brand "Renzini Alta Norcineria" high quality cured meats and other gastronomic specialties destined for shops and specialized retailers, high catering and niche departments of Italian and foreign GDO. The company represents an absolute excellence in the Italian food sector. | $2.8M | Venture - Series Unknown | Feb 17, 2016 |  |

3 of 3 investments shown.

## Co-investors
- [Sviluppo Imprese Centro Italia](https://shizune.co/investors/profile/sviluppo-imprese-centro-italia) — VC Fund, 2 deals together

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### Similar country
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## Featured in investor lists
- [Wine And Spirits Investors in Italy](https://shizune.co/investors/wine-and-spirits-investors-italy)

## FAQ

### What does Gepafin invest in?

Gepafin invests primarily in Food and Beverage, Retail and FinTech startups, most often at Venture - Series Unknown and Seed 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 Gepafin's check size?

Gepafin typically joins rounds of $1.2M–$2.8M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Gepafin participates in.

### When did Gepafin last invest?

The most recent investment recorded for Gepafin closed in Mar 2024. 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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