# Growth Engine: portfolio, investments and team > Growth Engine is a vc firm based in Italy. 35 investments on record, 5 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/growth-engine (Millionrounds; every figure on the page links to its filing or article) Italy · [Investor](https://millionrounds.com/investors) # Growth Engine Last cheque observed Oct 2026; 35 cheques on record. Email Deploying now VC firm Pre-seed Seed Series A Venture Capital & Private Equity Follow Growth Engine and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fgrowth-engine) Deploying now **42%** of best year **5** **cheques in 12 months**, 35 on record Since the last cheque **10** days **00** hrs **00** min **00** sec Median round **$2.2M** Rounds led **1 of 35** Sole investor **18 rounds** Mostly in **Italy, 94%** Pitch Growth Engine ## Growth Engine highlights - 01 5 cheques in the last 12 months - 02 Mostly Venture and Seed: 63% of its rounds - 03 Sole investor in 18 rounds, median $2.3M ## What they do > Growth Engine is a sector-agnostic VC holding, investing from Pre-Seed to Pre-Series A. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A - **Sectors:** Venture Capital & Private Equity - **Based in:** Milan, Italy - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **35 appearances** - **2026** 4 rounds - **Oct** **[Rulen](https://millionrounds.com/company/rulen)** Seed · IT · A.M.E. Ventures **$2.0M** With 4 others - **Sept** **[Holifya](https://millionrounds.com/company/holifya)** Seed · IT **$1.9M** With 1 other - **May** **[Cosmico](https://millionrounds.com/company/cosmico)** Series B · IT · P101 Ventures **$14M** With 4 others - **Mar** **[CiaoDott](https://millionrounds.com/company/ciaodott)** Pre-seed · PT **$1.7M** With 2 others - **2025** 12 rounds - **Nov** **[Guidoio](https://millionrounds.com/company/guidoio)** Seed · IT **$4.1M** With 1 other - **Oct** **[Freedome](https://millionrounds.com/company/freedome)** Series A · IT **$2.3M** Sole investor - **Oct** **[Genenta Science](https://millionrounds.com/company/genenta-science)** IT **$15M** With 1 other - **Jul** **[Displaid](https://millionrounds.com/company/displaid)** Seed · IT · Firms' own news pages **$1.4M** With 3 others - **Jul** **[Barberino's - Benessere Italiano](https://millionrounds.com/company/barberino-s-benessere-italiano)** Venture · IT **$1.2M** Sole investor - **Jun** **[Vivaio Ventures](https://millionrounds.com/company/vivaio-ventures)** Pre-seed · IT **$572K** Sole investor - **Jun** **[BonusX](https://millionrounds.com/company/bonusx)** IT **$240K** With 2 others - **May** **[WithLess](https://millionrounds.com/company/withless)** IT **$227K** With 1 other - **May** **[Wetacoo](https://millionrounds.com/company/wetacoo)** Series A · IT **$3.9M** With 1 other - **Feb** **[StarTric](https://millionrounds.com/company/startric)** Venture · IT **$8.8M** With 1 other - **Feb** **[TimeFlow](https://millionrounds.com/company/timeflow)** Seed · IT **$4.2M** Sole investor - **Jan** **[Indigo.ai](https://millionrounds.com/company/indigo-ai)** Series B · IT **$10M** Sole investor - **2024** 2 rounds - **Sept** **[TrueScreen](https://millionrounds.com/company/truescreen)** Seed · IT **$2.7M** Sole investor - **Jul** **[Spiagge](https://millionrounds.com/company/spiagge)** Venture · IT **Undisclosed** With 1 other - **2023** 7 rounds - **Dec** **[Lifeed](https://millionrounds.com/company/lifeed)** IT **$3.9M** Sole investor - **Jul** **[Wetaxi](https://millionrounds.com/company/wetaxi)** Venture · IT **$2.2M** With 1 other - **May** **[TextYess](https://millionrounds.com/company/textyess)** Pre-seed · IT **$650K** With 1 other - **Mar** **[MamaClean](https://millionrounds.com/company/mamaclean)** Venture · MX **$1.1M** Sole investor - **Feb** **[Holifya](https://millionrounds.com/company/holifya)** Pre-seed · IT **$534K** Sole investor - **Jan** **[Spiagge.it](https://millionrounds.com/company/spiagge-it)** IT · A.M.E. Ventures **Undisclosed** *Led* - **Jan** **[UNGUESS](https://millionrounds.com/company/unguess)** Series B · IT **$11M** With 3 others - **2022** 6 rounds - **Dec** **[Kippy](https://millionrounds.com/company/kippy)** Series A · IT **$2.8M** Sole investor - **Dec** **[HiNelson](https://millionrounds.com/company/hinelson)** Crowdfunding · IT **$2.2M** Sole investor - **Jul** **[Green Future Project](https://millionrounds.com/company/green-future-project)** IT **$535K** Sole investor - **May** **[Plick](https://millionrounds.com/company/plick)** Venture · IT **Undisclosed** Sole investor - **Apr** **[GoVolt](https://millionrounds.com/company/govolt)** Seed · IT **$564K** Sole investor - **Mar** **[Metis Precision Medicine](https://millionrounds.com/company/metis-precision-medicine)** Venture · IT **Undisclosed** With 2 others - **2021** 4 rounds - **Oct** **[Yocabè](https://millionrounds.com/company/yocabe)** Crowdfunding · IT **$2.3M** Sole investor - **Oct** **[Homepal](https://millionrounds.com/company/homepal)** Venture · IT **Undisclosed** Sole investor - **Oct** **[Chef in Camicia](https://millionrounds.com/company/chef-in-camicia)** Venture · IT **Undisclosed** Sole investor - **Oct** **[Soundreef](https://millionrounds.com/company/soundreef)** Venture · IT **Undisclosed** Sole investor 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 Pre-seed Seed Series A Median round joined **$2.2M** the round, not its cheque Alone, median **$2.3M** Led 1 of 35 rounds **3%** - **Sole investor:** 18 rounds - **Last cheque:** Oct 2026 Rounds by stage said on their site - Venture *10* - Seed said *7* - Pre-seed said *4* - Series A said *3* - Series B *3* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Club degli Investitori](https://millionrounds.com/fund/club-degli-investitori) 7 - [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) 3 - [P101 Ventures](https://millionrounds.com/fund/p101) 2 **Pitching Growth Engine?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Growth Engine. A count of rooms they were both in, not a relationship either has claimed. [**Club degli Investitori** Angel network **7** rounds together](https://millionrounds.com/fund/club-degli-investitori)[**CDP Venture Capital** VC firm **3** rounds together](https://millionrounds.com/fund/cdp-venture-capital)[**P101 Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/p101) ## Recently backed The latest companies Growth Engine put money into. [**Holifya** $1.9M · Sept 2026](https://millionrounds.com/company/holifya)[**Cosmico** $14M · May 2026](https://millionrounds.com/company/cosmico)[**CiaoDott** $1.7M · Mar 2026](https://millionrounds.com/company/ciaodott)[**Guidoio** $4.1M · Nov 2025](https://millionrounds.com/company/guidoio)[**Freedome** $2.3M · Oct 2025](https://millionrounds.com/company/freedome)[**Genenta Science** $15M · Oct 2025](https://millionrounds.com/company/genenta-science) ## On podcasts 6 episodes naming Growth Engine in the title, and 2 more that mention it. - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 15 Aug 2026 · 1h 19m 20Growth: How to Build a $100M Growth Engine: Lessons from Wispr Flow and Superhuman | Why You Should Do Paid Ads Today and How To Do Them | How to Build the Best Referral Programs and How to Crush UGC with Matt Swulinski Mentions [Growth Engine](https://millionrounds.com/fund/growth-engine)[Compound](https://millionrounds.com/fund/compound-4)[Google](https://millionrounds.com/fund/google-assistant-investments) Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 11 Apr 2026 · 1h 25m 20Sales: ElevenLabs: Why We Set a 20x Sales Quota | How to Structure Sales Compensation Plans | Customer Success: 'Total BS' or Growth Engine? | Building an AI Sales Machine: What Tools & Tactics Must CROs Adopt Today with Carles Reina With [Carles Reina](https://millionrounds.com/person/carles-reina) Mentions [Growth Engine](https://millionrounds.com/fund/growth-engine) Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 11 Jan 2026 · 1h 14m 20Growth: The $6.6B Growth Engine Behind ElevenLabs | Why ElevenLabs Do Not Have PMs | The 7 Part Launch Playbook to Crush All Launches with Luke Harries, Head of Growth @ ElevenLabs With [Luke Harries](https://millionrounds.com/person/luke-harries) Mentions [Growth Engine](https://millionrounds.com/fund/growth-engine) Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 28 Feb 2025 · 55 min 20Growth: Inside Ramp's Growth Engine: How Ramp Became the Fastest Growing SaaS Company Ever | What Worked & What Did Not Work | How to Hire for Growth | How to Find Alpha in Channels Where No One Else Can with George Bonaci Mentions [Growth Engine](https://millionrounds.com/fund/growth-engine) Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 26 Apr 2024 · 42 min 20Growth: Inside Dropbox, Salesforce & Heroku's Product-Led Growth Engine; What Works & What Doesn't | Why Startups Doing Paid Under $100M ARR are not PLG | Why PLG is a Business Model, Not a Go-To-Market Motion with Adam Gross, Former CEO @ Vimeo With [Adam Gross](https://millionrounds.com/person/adam-gross) Mentions [Growth Engine](https://millionrounds.com/fund/growth-engine) Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 16 Aug 2023 · 58 min 20Growth: Why Product-Market Fit is Not Enough, Revenue Does Not Create Usage, Metrics Must Be Before Strategy, Why it is Always Better to Concentrate than Diversify Marketing Channels and Secrets from Hubspot's Growth Engine with Brian Balfour @ Reforge Mentions [Brian Balfour](https://millionrounds.com/fund/brian-balfour)[Growth Engine](https://millionrounds.com/fund/growth-engine) Apple PodcastsShow page ### Mentioned in - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 23 May 2025 · 1h 16m 20VC: ElevenLabs Head of Growth on Why You Do Not Need PMs | The 7-Part Launch Playbook That Gets 700K+ Views Per Product | The Truth About CAC, Payback & Performance Marketing in AI with Luke Harries Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 25 Apr 2025 · 53 min 20Growth: Inside Kraken's $1.5BN Growth Playbook: What Works, What Doesn't and What No Founders Understand About Growth That Will Change Their Company with Mayur Gupta Apple PodcastsShow page ## Quick answers about Growth Engine ### What does Growth Engine invest in? Growth Engine invests most often at Venture and Seed (63% of the rounds on record), in sectors such as Venture Capital & Private Equity. ### How active is Growth Engine? 35 investments on record, 5 of them in the last 12 months, and it led 1. The most recent was in Oct 2026. ### What has Growth Engine invested in recently? Its most recent investments on record: Rulen (Seed, Oct 2026), Holifya (Seed, Sept 2026) and Cosmico (Series B, May 2026). ### How big are Growth Engine's cheques? The median round it joins is $2.2M. ### Does Growth Engine lead rounds? Sometimes: it led 1 of its 35 investments on record (3%). ### Where does Growth Engine invest? Most of the companies it backs are in Italy (94%). ### Is Growth Engine investing now? Yes: it is actively investing, with 5 investments in the last 12 months. ### Who does Growth Engine invest alongside? Most often Club degli Investitori (7 rounds together), CDP Venture Capital (3 rounds together) and P101 Ventures (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=growth-engine) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=growth-engine)