# FG2 Capital: portfolio, investments and team

> FG2 Capital is a private equity based in Italy. 1 investment on record, latest Sept 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/fg2-capital (Millionrounds; every figure on the page links to its filing or article)

Italy · [Investor](https://millionrounds.com/investors)

# FG2 Capital

Last cheque observed Sep 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Private equity Quiet

Seed Series A Financial Services

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **414** days **00** hrs **00** min **00** sec

Median round **$100M** Rounds led **0 of 1**

Pitch FG2 Capital

## FG2 Capital highlights

- 01 1 rounds on record
- 02 Mostly Series B: 100% of its rounds

## What they do

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Financial Services
- **Based in:** Milan, Italy
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2025** 1 round
- **Sept** **[Shop Circle](https://millionrounds.com/company/shop-circle)** Series B · GB · Silicon Canals **$100M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Seed Series A

Median round joined **$100M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2025

Rounds by stage said on their site

- Series B *1*
- Seed said *-*
- Series A said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies FG2 Capital put money into.

[**Shop Circle** $100M · Sept 2025](https://millionrounds.com/company/shop-circle)

## Quick answers about FG2 Capital

### What does FG2 Capital invest in?

FG2 Capital invests most often at Series B (100% of the rounds on record), in sectors such as Financial Services.

### How active is FG2 Capital?

1 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2025.

### What has FG2 Capital invested in recently?

Its most recent investments on record: Shop Circle (Series B, Sept 2025).

### How big are FG2 Capital's cheques?

The median round it joins is $100M.

### Is FG2 Capital investing now?

No investments in the last 12 months; the latest was in Sept 2025.

### What kind of investor is FG2 Capital?

FG2 Capital is a private equity firm based in Milan, Italy.

### Where does this information on FG2 Capital come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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