# Primo Capital: portfolio, investments and team

> Primo Capital is a vc firm based in Italy. 54 investments on record, 10 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

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

# Primo Capital

Last cheque observed Oct 2026; 54 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Renewables Finserv Gps

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Deploying now

**53%** of best year **10** **cheques in 12 months**, 54 on record

Since the last cheque **26** days **00** hrs **00** min **00** sec

Median round **$2.9M** Cheque size, as they say **$500K – $2.0M** Rounds led **0 of 54** Sole investor **20 rounds** Mostly in **Italy, 74%**

Pitch Primo Capital

## Primo Capital highlights

- 01 10 cheques in the last 12 months
- 02 Mostly Seed and Series A: 66% of its rounds
- 03 Sole investor in 20 rounds, median $1.3M

## What they do

> Primo Capital runs specialized VC funds across digital, space, climate and health From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $500K – $2.0M as they say
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Renewables Finserv Gps
- **Based in:** Milan, Italy
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **54 appearances**

- **2026** 8 rounds
- **Oct** **[Netsec](https://millionrounds.com/company/netsec)** Series A · FR · Firms' own news pages **$10M** With 8 others
- **Jun** **[RarEarth](https://millionrounds.com/company/rarearth)** Grant · IT **$2.8M** With 2 others
- **May** **[Quantum Bridge](https://millionrounds.com/company/quantum-bridge)** Series A · CA **$8.0M** With 2 others
- **Feb** **[MON5](https://millionrounds.com/company/mon5)** Seed · IT **$1.7M** With 1 other
- **Feb** **[Mirai Robotics](https://millionrounds.com/company/mirai-robotics)** Pre-seed · IT **$4.2M** Sole investor
- **Jan** **[Ecosmic](https://millionrounds.com/company/ecosmic)** Venture · IT **Undisclosed** With 2 others
- **Jan** **[Bricks.sh](https://millionrounds.com/company/bricks-sh)** Pre-seed · IT **$1.9M** With 2 others
- **Jan** **[RARA Factory](https://millionrounds.com/company/rara-factory)** Seed · IT **$3.7M** With 1 other
- **2025** 18 rounds
- **Nov** **[U-Space](https://millionrounds.com/company/u-space)** Series A · FR **$28M** Sole investor
- **Nov** **[Blubrake](https://millionrounds.com/company/blubrake)** Venture · IT **$2.9M** With 3 others
- **Oct** **[Caracol](https://millionrounds.com/company/caracol)** Series B · IT **$40M** With 2 others
- **Oct** **[Eoliann](https://millionrounds.com/company/eoliann)** Seed · IT **$4.9M** With 2 others
- **Oct** **[DMAT](https://millionrounds.com/company/dmat)** Seed · IT **$4.5M** With 1 other
- **Sept** **[Shop Circle](https://millionrounds.com/company/shop-circle)** Series B · GB · Silicon Canals **$100M** With 5 others
- **Sept** **[Astradyne](https://millionrounds.com/company/astradyne)** Seed · IT **$2.4M** Sole investor
- **Jul** **[RarEarth](https://millionrounds.com/company/rarearth)** Seed · IT **$3.0M** With 1 other
- **Jul** **[Yolo Tech Insurance](https://millionrounds.com/company/yolo-tech-insurance)** Debt · IT **$2.6M** Sole investor
- **Jun** **[WordLift](https://millionrounds.com/company/wordlift)** Seed · IT **$468K** Sole investor
- **Jun** **[ENTEROME](https://millionrounds.com/company/enterome)** Venture · FR **$19M** With 3 others
- **May** **[WithLess](https://millionrounds.com/company/withless)** IT **$227K** With 1 other
- **May** **[XBOOKS](https://millionrounds.com/company/xbooks)** Seed · IT **$2.1M** With 1 other
- **Mar** **[Pangea Aerospace](https://millionrounds.com/company/pangea-aerospace)** Series A · ES **$25M** With 3 others
- **Feb** **[Shop Circle](https://millionrounds.com/company/shop-circle)** Series B · IT · TechCrunch **$60M** With 9 others
- **Feb** **[Krill Design](https://millionrounds.com/company/krill-design)** Series A · IT **$6.2M** Sole investor
- **Jan** **[Qomodo](https://millionrounds.com/company/qomodo)** Series A · IT · RTP Global **$14M** With 10 others
- **Jan** **[Keyless](https://millionrounds.com/company/keyless)** Venture · GB **$2.0M** With 3 others
- **2024** 4 rounds
- **Oct** **[Stellar](https://millionrounds.com/company/stellar)** Seed · US **$7.5M** With 1 other
- **Oct** **[AIKO](https://millionrounds.com/company/aiko)** Series A · IT **$4.4M** With 4 others
- **May** **[Revolv Space](https://millionrounds.com/company/revolv-space)** Seed · NL **$2.8M** With 1 other
- **Apr** **[Lithium Lasers](https://millionrounds.com/company/lithium-lasers)** Seed · IT **$2.1M** With 1 other
- **2023** 7 rounds
- **Oct** **[Data Masters](https://millionrounds.com/company/data-masters)** Seed · IT **$210K** Sole investor
- **Sept** **[Sidereus Space Dynamics](https://millionrounds.com/company/sidereus-space-dynamics)** Seed · IT **$5.4M** With 1 other
- **Jul** **[Leaf Space](https://millionrounds.com/company/leaf-space)** Series B · IT **$22M** With 4 others
- **Jun** **[Muscope](https://millionrounds.com/company/muscope)** Seed · IT **$876K** Sole investor
- **Apr** **[Astrocast](https://millionrounds.com/company/astrocast)** Debt · CH **$18M** With 1 other
- **Feb** **[181travel](https://millionrounds.com/company/181travel)** Venture · IT **$2.6M** Sole investor
- **Feb** **[Codemotion](https://millionrounds.com/company/codemotion)** Series A · IT **$8.6M** With 3 others
- **2022** 8 rounds
- **Dec** **[Italian Artisan](https://millionrounds.com/company/italian-artisan)** Seed · IT **$1.4M** Sole investor
- **Nov** **[Irreo](https://millionrounds.com/company/irreo)** Seed · IT **$886K** Sole investor
- **Oct** **[ChAI](https://millionrounds.com/company/chai)** Venture **Undisclosed** With 4 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 team

We hold **27** 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)

**1** of 2 we have independently watched raise

[Rarafactory](https://millionrounds.com/company/rara-factory) Investors area

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.

## The cheque

Pre-seed Seed Series A

Median round joined **$2.9M** the round, not its cheque Alone, median **$1.3M**

Led 0 of 54 rounds **0%**

- **Said size:** $500K – $2.0M
- **Sole investor:** 20 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *24*
- Series A said *9*
- Venture *9*
- Series B *4*
- Pre-seed said *2*
- Debt *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) 9
- [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) 4
- [EISMEA](https://millionrounds.com/fund/eismea) 4
- [Vento](https://millionrounds.com/fund/vento) 4
- [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) 3
- [645 Ventures](https://millionrounds.com/fund/645-ventures) 2

**Pitching Primo Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Primo Capital. A count of rooms they were both in, not a relationship either has claimed.

[**CDP Venture Capital** VC firm **9** rounds together](https://millionrounds.com/fund/cdp-venture-capital)[**EASME - EU Executive Agency for SMEs** Government **4** rounds together](https://millionrounds.com/fund/easme-eu-executi)[**EISMEA** Investment firm **4** rounds together](https://millionrounds.com/fund/eismea)[**Vento** VC firm **4** rounds together](https://millionrounds.com/fund/vento)[**European Investment Bank** Government **3** rounds together](https://millionrounds.com/fund/european-investment-bank)[**645 Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/645-ventures)[**Endeavor Catalyst** Corporate VC **2** rounds together](https://millionrounds.com/fund/endeavor-catalyst)[**Nextalia Ventures** Growth equity **2** rounds together](https://millionrounds.com/fund/nextalia-ventures)[**Octopus Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/octopus-ventures)[**Omnes** VC firm **2** rounds together](https://millionrounds.com/fund/omnes-capital)[**P101 Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/p101)[**Seraphim Space** VC firm **2** rounds together](https://millionrounds.com/fund/seraphim-space)

## Recently backed

The latest companies Primo Capital put money into.

[**MON5** $1.7M · Feb 2026](https://millionrounds.com/company/mon5)[**Mirai Robotics** $4.2M · Feb 2026](https://millionrounds.com/company/mirai-robotics)[**Ecosmic** Jan 2026](https://millionrounds.com/company/ecosmic)[**Bricks.sh** $1.9M · Jan 2026](https://millionrounds.com/company/bricks-sh)[**RARA Factory** $3.7M · Jan 2026](https://millionrounds.com/company/rara-factory)[**U-Space** $28M · Nov 2025](https://millionrounds.com/company/u-space)

## Quick answers about Primo Capital

### What does Primo Capital invest in?

Primo Capital invests most often at Seed and Series A (66% of the rounds on record), in sectors such as Renewables, Finserv and Gps.

### How active is Primo Capital?

54 investments on record, 10 of them in the last 12 months. The most recent was in Oct 2026.

### What has Primo Capital invested in recently?

Its most recent investments on record: Netsec (Series A, Oct 2026), RarEarth (Grant, Jun 2026) and Quantum Bridge (Series A, May 2026).

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

The median round it joins is $2.9M. It says it writes cheques of $500K to $2.0M.

### Does Primo Capital lead rounds?

Rarely, if at all: none of its 54 investments on record names it as the lead.

### Where does Primo Capital invest?

Most of the companies it backs are in Italy (74%), France (8%) and the United Kingdom (5%).

### Is Primo Capital investing now?

Yes: it is actively investing, with 10 investments in the last 12 months.

### Who does Primo Capital invest alongside?

Most often CDP Venture Capital (9 rounds together), EASME - EU Executive Agency for SMEs (4 rounds together) and EISMEA (4 rounds together).

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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=primo-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=primo-capital)