# NextSTEP: portfolio, investments and team > NextSTEP is a vc firm based in Italy. 1 investment on record, 1 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/nextstep (Millionrounds; every figure on the page links to its filing or article) Italy · [Investor](https://millionrounds.com/investors) # NextSTEP Last cheque observed Oct 2026; 1 cheques on record. Deploying now New fund $2.5M, Sept 2012 VC firm Pre-seed Seed Series A Water Grid Biodiversity Deploying now **100%** of best year **1** **cheques in 12 months**, 1 on record Since the last cheque **6** days **00** hrs **00** min **00** sec Median round **$1.7M** Cheque size, as they say **$50K – $200K** Rounds led **0 of 1** Pitch NextSTEP ## NextSTEP highlights - 01 1 cheques in the last 12 months - 02 Mostly Seed: 100% of its rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** $50K – $200K as they say - **Stages:** Pre-seed Seed Series A - **Sectors:** Water Grid Biodiversity - **Based in:** Venice, Italy - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **1 appearances** - **2026** 1 round - **Oct** **[Ganiga](https://millionrounds.com/company/ganiga)** Seed · IT · Google News search **$1.7M** With 1 other 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 team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** IB **Ian Bowles** Ian Bowles is a Managing Director of the Manager i Filing they signed MR **Michael Rand** Michael Rand is a Managing Director of the Manager i Filing they signed We also hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **7** of 19 we have independently watched raise [Agrisky](https://millionrounds.com/company/agrisky)[Algapelago](https://millionrounds.com/company/algapelago)[Atium](https://millionrounds.com/company/atium)[Bufaga](https://millionrounds.com/company/bufaga)[Ganiga](https://millionrounds.com/company/ganiga)[Leafr](https://millionrounds.com/company/leafr)[Pulpatronics](https://millionrounds.com/company/pulpatronics) Byewaste Chloris Getswitch Geviwind Iotilize Musthad Nextenergycapital Nina Sie-ve Snelix Tomove Ukri Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$2.5M** raised in Sept 2012 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$1.7M** the round, not its cheque Led 0 of 1 rounds **0%** - **Said size:** $50K – $200K - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Seed said *1* - Pre-seed said *-* - Series A said *-* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching NextSTEP?** 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 *→* ## Recently backed The latest companies NextSTEP put money into. [**Ganiga** $1.7M · Oct 2026](https://millionrounds.com/company/ganiga) ## Quick answers about NextSTEP ### What does NextSTEP invest in? NextSTEP invests most often at Seed (100% of the rounds on record), in sectors such as Water, Grid and Biodiversity. ### How active is NextSTEP? 1 investments on record, 1 of them in the last 12 months. The most recent was in Oct 2026. ### What has NextSTEP invested in recently? Its most recent investments on record: Ganiga (Seed, Oct 2026). ### How big are NextSTEP's cheques? The median round it joins is $1.7M. It says it writes cheques of $50K to $200K. ### Is NextSTEP investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### What kind of investor is NextSTEP? NextSTEP is a VC firm based in Venice, Italy. ### Has NextSTEP raised a new fund? Its latest fund filing with the SEC was in Sept 2012, reporting $2.5M raised. ### Does NextSTEP take cold pitches? Yes: its own website says it reads unsolicited pitches. ## 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=nextstep) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=nextstep)