# Angel groups based in Italy (2026 list) > 23 angel groups based in Italy, 9% active in the last 12 months. Led by Club degli Investitori, IAG, Angel Capital Management S P A. Ranked by what they funded. Source: https://millionrounds.com/lists/angel-groups-based-in-italy (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Angel groups based in Italy Updated 7 November 2026 Angel groups headquartered in Italy. [See all 23 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fangel-groups-based-in-italy)The top 23 **23** investors on the list No change this week **11** cheques in 12 months Too few cheques to tell **$51M** median round they joined *+537%* against the market median **9%** wrote a cheque in 12 months **0%** have led a round ## The Top 23 Ordered by cheques observed, never by anything anyone paid for Deploying now (2) - 1 [Club degli Investitori](https://millionrounds.com/fund/club-degli-investitori) *Deploying now* Angel network · Italy **57** **$1.9M** median round **Oct 2026** last seen - 2 [IAG](https://millionrounds.com/fund/iag) *Deploying now* Angel network · Italy **10** **$100M** median round **Sept 2026** last seen - 3 [Angel Capital Management S P A](https://millionrounds.com/fund/angel-capital-management-s-p-a) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 4 [Angel+](https://millionrounds.com/fund/angel-7) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 5 [Angels 4 Impact](https://millionrounds.com/fund/angels4impact) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 6 [Angels Lab Academy](https://millionrounds.com/fund/angels-lab-academy) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 7 [Angels of Rome](https://millionrounds.com/fund/angels-of-rome) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 8 [Angels4Women](https://millionrounds.com/fund/angels4women) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 9 [Business Angel Club Bari](https://millionrounds.com/fund/business-angel-club-bari) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 10 [Business Angel Summit](https://millionrounds.com/fund/business-angel-summit) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 11 [E-levation Innovation Angels - BAN](https://millionrounds.com/fund/e-levation-innovation-angels-ban) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 12 [F.A.C.T. srl](https://millionrounds.com/fund/f-a-c-t-srl) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 13 [IAB - Italian Angels for Biotech](https://millionrounds.com/fund/iab-italian-angels-for-biotech) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 14 [Italian Business A...](https://millionrounds.com/fund/italian-business-a) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 15 [LEAN in EU WBAs](https://millionrounds.com/fund/lean-in-eu-wbas) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 16 [MEGA Holding](https://millionrounds.com/fund/mega-holding) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 17 [MamaVentures](https://millionrounds.com/fund/mamaventures) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 18 [Master Capital](https://millionrounds.com/fund/master-capital) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 19 [Pathfinder Investor](https://millionrounds.com/fund/pathfinder-investor) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 20 [Patrimon Cube](https://millionrounds.com/fund/patrimon-cube) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 21 [Seed Money Nova Ventures](https://millionrounds.com/fund/seed-money-nova-ventures) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 22 [Tba Network](https://millionrounds.com/fund/tba-network) unknown Angel network · Italy **none observed** **-** median round **-** last seen - 23 [businessangels.network](https://millionrounds.com/fund/businessangels-network-ban) unknown Angel network · Italy **none observed** **-** median round **-** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **24** Oct **[Roboze](https://millionrounds.com/company/roboze)** Series A · $10M *With* [Club degli Investitori](https://millionrounds.com/fund/club-degli-investitori) - **29** Sept **[Aptadir Therapeutics](https://millionrounds.com/company/aptadir-therapeutics)** Seed · $46M *With* [Club degli Investitori](https://millionrounds.com/fund/club-degli-investitori) - **17** Sept **[Arcee AI](https://millionrounds.com/company/arcee-ai)** Series B · $150M *With* [IAG](https://millionrounds.com/fund/iag) - **15** Sept **[Delos Data](https://millionrounds.com/company/delos-data)** Series A · $100M *With* [IAG](https://millionrounds.com/fund/iag) - **1** Sept **[Gamindo](https://millionrounds.com/company/gamindo)** Seed · $1.6M *With* [Club degli Investitori](https://millionrounds.com/fund/club-degli-investitori) - **1** Sept **[Comestai](https://millionrounds.com/company/comestai)** Pre-seed · $1.7M *With* [Club degli Investitori](https://millionrounds.com/fund/club-degli-investitori) ## Stages This Year 11 rounds - Seed **36%** - Pre-seed **18%** - Series A **18%** - Series B **18%** - Debt **9%** ## What They Backed Sectors, last 12 months - AI **5** - Aerospace & Space **1** - Big Data & Analytics **1** - Biotech **1** - Cleantech **1** - Advanced Manufacturing **1** ## Cheques by Quarter Led Joined 1 Q1 25 3 Q2 25 4 Q3 25 1 Q4 25 4 Q1 26 1 Q2 26 5 Q3 26 1 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about angel groups based in Italy ### Who are the most active angel groups based in Italy? By cheques observed, the most active are Club degli Investitori, IAG, Angel Capital Management S P A, Angel+ and Angels 4 Impact. ### How many angel groups based in Italy are there? 23 are on record. 9% made an investment in the last 12 months. ### Which stages do angel groups based in Italy back? Of the rounds with a named stage in the last 12 months, mostly Seed (36%) and Pre-seed (18%). ### Which sectors do angel groups based in Italy back most? In the last 12 months, mostly AI, Aerospace & Space and Big Data & Analytics. ### What have angel groups based in Italy invested in recently? Recent rounds include Roboze (Series A, Oct 2026, with Club degli Investitori), Aptadir Therapeutics (Seed, Sept 2026, with Club degli Investitori) and Arcee AI (Series B, Sept 2026, with IAG). ### How is this list of angel groups based in Italy ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)