Investment Firms in Italy
The ecosystem is anchored by strong university research hubs in cities like Milan and Turin, with a growing focus on deep tech sectors such as artificial intelligence and cybersecurity. Government-backed programs and national innovation funds have been instrumental in catalyzing early-stage venture capital activity, particularly at the seed and Series A stages. While historically less mature than other European markets, the venture landscape has seen significant institutional development in recent years, building on the country's traditional industrial strengths in manufacturing and engineering.
Investment activity in Italy is heavily concentrated in Milan, which accounts for 50% of the country's 28 investment firms. Other hubs include Rome and Turin.
SaaS dominates the investment landscape in Italy, with 42% of investment firms focused on this sector.
Italy is a particularly strong hub for early-stage investing, with over 96% of investment firms active at the Seed or Pre-Seed stage.
Last updated: 20 October 2026
Investment Firms
28
Total Investments
589
Top Sector
Biotech & Life Sciences
Top Stage
Seed
Top Investment Sectors in Italy
The most popular sector focus among Italy investment firms is SaaS, with 11 investment firms (39%) investing in the space. This is followed by Fintech (11), AI (10), Healthcare (9), Climate & Energy (9).
Investment Stages in Italy
Italy investment firms are most active at the Seed stage (27 investment firms). This is followed by Series A (24), Series B (18), Pre-Seed (13), Growth (11).
Where they are
Each circle is a city; its area is the number of investment firms based there, and darker circles hold more.
Browse by City
All Investment Firms (28)
United Ventures
Milan, Italy
62 investments
Series A, Seed
Enterprise Software, SaaS, Consumer …
Club degli Investitori
Torino, Italy
47 investments
Seed, Series A
Biotech & Life Sciences, Healthcare, Fintech …
Vento
Turin, Italy
42 investments
Pre Seed, Seed
LIFTT
Turin, Italy
40 investments
Series A, Seed
Biotech & Life Sciences, Cybersecurity, Hardware & Semiconductors …
Angelini Ventures
Rome, Italy
33 investments
Series A, Series B
Biotech & Life Sciences, Healthcare
Zest
Rome, Italy
33 investments
Seed, Pre Seed
Consumer, Fintech, SaaS
P101
Milan, Italy
31 investments
Series B, Series A
AI, Data & Analytics, E-Commerce & Marketplace …
2100 Ventures
Milan, Italy
27 investments
Pre Seed, Seed
AI, Climate & Energy, Fintech …
Neva SGR
Turin, Italy
25 investments
Series B, Series A
Biotech & Life Sciences, Climate & Energy
B Heroes
Milan, Italy
23 investments
Pre Seed, Seed
Fintech, AI, SaaS
Azimut
Milan, Italy
22 investments
Series A, Seed
Fintech, Enterprise Software, Climate & Energy …
Vertis SGR
Naples, Italy
20 investments
Series A, Seed
Enterprise Software, Fintech, Healthcare …
UniCredit
Milan, Italy
19 investments
Series B, Series D
Fintech
Italian Founders Fund
Milan, Italy
18 investments
Seed, Pre Seed
SaaS, Consumer, HR & Talent …
Vesper Holding
Genova, Italy
18 investments
Seed, Pre Seed
AI, SaaS, E-Commerce & Marketplace
Invitalia
Rome, Italy
16 investments
Series A, Seed
Manufacturing, Food & Agriculture, Climate & Energy
H14
Milan, Italy
15 investments
Series B, Series C
Fintech, Consumer, Healthcare …
Innogest Capital
Milan, Italy
14 investments
Series B, Series A
Healthcare, Enterprise Software, Food & Agriculture
The Techshop
Milan, Italy
13 investments
Pre Seed, Seed
SaaS, Enterprise Software, Data & Analytics …
Intesa Sanpaolo
Turin, Italy
12 investments
Series D, Seed
AI, Biotech & Life Sciences, Climate & Energy …
Excellis
Turin, Italy
11 investments
Series A, Series B
AI, Robotics & Automation, Climate & Energy …
Indaco Venture Partners
Milan, Italy
10 investments
Series A, Seed
Biotech & Life Sciences, Healthcare, Robotics & Automation …
Alchimia Investments
Rome, Italy
8 investments
Series A, Seed
Pi Campus
Rome, Italy
8 investments
Seed, Series A
AI
Proximity Capital
Milan, Italy
7 investments
Pre Seed, Series A
SaaS, Enterprise Software
Grey Silo Ventures
Camisano Vicentino, Italy
6 investments
Seed, Series B
Food & Agriculture
Milano Investment Partners
Milan, Italy
5 investments
Series B, Seed
Consumer, E-Commerce & Marketplace, Food & Agriculture …
Fabrick
Milan, Italy
4 investments
Seed, Series A
Fintech, SaaS, Crypto & Web3 …