# Energy investors in Italy (2026 list)

> 26 energy investors in Italy, 69% active in the last 12 months. Led by Plug and Play, EIC Accelerator, BNP Paribas. Ranked by what they funded.

Source: https://millionrounds.com/lists/energy-investors-in-italy (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Energy investors in Italy

Updated 7 November 2026

Firms observed backing an energy company in Italy in the last two years, wherever the firm is based.

[See all 26 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenergy-investors-in-italy)The top 25

**26** investors on the list No change this week

**694** cheques in 12 months *-23%* against the market

**$5.4M** median round they joined *-33%* against the market median

**69%** wrote a cheque in 12 months

**35%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (18)

- 1 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 2 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 3 [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) *Deploying now* VC firm · France **256** **$17M** median round **Oct 2026** last seen
- 4 [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) *Deploying now* Government · Luxembourg **246** **$37M** median round **Nov 2026** last seen
- 5 [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) *Deploying now* VC firm · Italy **227** **$3.9M** median round **Oct 2026** last seen
- 6 [360 Capital](https://millionrounds.com/fund/360-capital) *Deploying now* VC firm · France **167** **$7.8M** median round **Nov 2026** last seen
- 7 [Cleantech Open](https://millionrounds.com/fund/cleantech-open) *Deploying now* Accelerator · United States **165** **$1.1M** median round **Sept 2026** last seen
- 8 [Verve Ventures](https://millionrounds.com/fund/verve-ventures) *Deploying now* VC firm · Switzerland **144** **$10M** median round **Nov 2026** last seen
- 9 [Elemental Impact](https://millionrounds.com/fund/elemental-impact) *Deploying now* VC firm · United States **119** **$11M** median round **Aug 2026** last seen
- 10 [Playground Global](https://millionrounds.com/fund/playground-global) *Deploying now* VC firm · United States **86** **$23M** median round **Oct 2026** last seen
- 11 [Vento](https://millionrounds.com/fund/vento) *Deploying now* VC firm · Italy **83** **$1.9M** median round **Nov 2026** last seen
- 12 [Climate Capital](https://millionrounds.com/fund/climate-capital) *Deploying now* VC firm · United States **81** **$6M** median round **Oct 2026** last seen
- 13 [Possible Ventures](https://millionrounds.com/fund/possible-ventures) *Deploying now* VC firm · Germany **76** **$4.2M** median round **Oct 2026** last seen
- 14 [UniCredit](https://millionrounds.com/fund/unicredit) *Deploying now* VC firm · Italy **55** **$16M** median round **Sept 2026** last seen
- 15 [Primo Capital](https://millionrounds.com/fund/primo-capital) *Deploying now* VC firm · Italy **54** **$2.9M** median round **Oct 2026** last seen
- 16 [Intesa Sanpaolo](https://millionrounds.com/fund/intesa-sanpaolo) *Deploying now* VC firm · Brazil **42** **$8.8M** median round **May 2026** last seen
- 17 [Unruly Capital](https://millionrounds.com/fund/unruly-capital) *Deploying now* VC firm · United Kingdom **42** **$2.9M** median round **Oct 2026** last seen
- 18 [H. Capital](https://millionrounds.com/fund/hcapital) dormant VC firm · Singapore **10** **$10M** median round **Dec 2024** last seen
- 19 [EXA Ventures](https://millionrounds.com/fund/exa-ventures) quiet VC firm **5** **$8M** median round **Oct 2025** last seen
- 20 [Satgana](https://millionrounds.com/fund/satgana) *Deploying now* VC firm · Luxembourg **4** **$5.8M** median round **Nov 2025** last seen
- 21 [FinPiemonte](https://millionrounds.com/fund/finpiemonte) quiet VC firm · Italy **1** **$4.8M** median round **Dec 2024** last seen
- 22 [Motor Valley Accelerator](https://millionrounds.com/fund/motor-valley-accelerator) quiet Accelerator · Italy **1** **$4.8M** median round **Dec 2024** last seen
- 23 [Azimut's ELTIF – Venture Capital ALIcrowd III fund](https://millionrounds.com/fund/azimut-s-eltif-venture-capital-alicrowd-iii-fund) quiet VC firm **1** **$4.8M** median round **Dec 2024** last seen
- 24 [EDEN/IAG](https://millionrounds.com/fund/eden-iag) quiet VC firm **1** **$8M** median round **Oct 2025** last seen
- 25 [EU NextGeneration funds](https://millionrounds.com/fund/eu-nextgeneration-funds) quiet VC firm **1** **$4.8M** median round **Dec 2024** last seen

**1 more on this list**

All 26 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenergy-investors-in-italy)

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Biograil](https://millionrounds.com/company/biograil)** Other · $23M *With* [Verve Ventures](https://millionrounds.com/fund/verve-ventures)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Scatec](https://millionrounds.com/company/scatec)** Debt · $217M *With* [European Investment Bank](https://millionrounds.com/fund/european-investment-bank)
- **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[CyberKord](https://millionrounds.com/company/cyberkord)** Pre-seed · $3M *Led by* [360 Capital](https://millionrounds.com/fund/360-capital)
- **2** Nov **[Gallium Defense](https://millionrounds.com/company/gallium-defense)** Seed · $8M *Led by* [360 Capital](https://millionrounds.com/fund/360-capital)

## Stages This Year

631 rounds

- Venture **23%**
- Seed **18%**
- Series A **15%**
- Debt **10%**
- Grant **9%**
- Other **25%**

## What They Backed

Sectors, last 12 months

- AI **165**
- Biotech **64**
- Healthcare **53**
- Energy **53**
- Cleantech **33**
- Fintech **27**

## Cheques by Quarter

Led Joined

253 Q1 25

225 Q2 25

249 Q3 25

238 Q4 25

214 Q1 26

217 Q2 26

149 Q3 26

32 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
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- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in climate and energy

- Taming the Sun: Innovations to Harness Solar Energy and Power the Planet Varun Sivaram · 2018 4.06 from 510 ratings on Goodreads Climate and energy Innovation About the book How solar could spark a clean-energy transition through transformative innovation--creative financing, revolutionary technologies, and flexible energy systems. Solar energy, once a niche application for a limited market, has become the cheapest and fastest-growing power… On AmazonListen on Audible
- Race for Tomorrow: Survival, Innovation and Profit on the Front Lines of the Climate Crisis Simon Mundy · 2022 4.22 from 207 ratings on Goodreads Climate and energy Innovation Company building About the book In this extraordinary journey through twenty-six countries, Simon Mundy meets the people on the front lines of the climate crisis, showing how the struggle to respond is already reshaping the modern world – shattering communities, shaking up global business, and propelling a… On AmazonListen on Audible
- The Elements of Power: Gadgets, Guns, and the Struggle for a Sustainable Future in the Rare Metal Age David S. Abraham · 2015 4.06 from 264 ratings on Goodreads Climate and energy Company building About the book Our future hinges on a set of rare metals that few of us have even heard of. In this eye-opening book, a natural resource strategist reveals the critical importance of these transformative elements to our technological lifestyle and the consequences of our reliance upon them,… On AmazonListen on Audible
- Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies Geoffrey B. West · 2017 4.11 from 5,764 ratings on Goodreads Climate and energy Company building Innovation About the book The former head of the Sante Fe Institute, visionary physicist Geoffrey West is a pioneer in the field of complexity science, the science of emergent systems and networks. The term “complexity” can be misleading, however, because what makes West’s discoveries so beautiful is… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=climate).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about energy investors in Italy

### Who are the most active energy investors in Italy?

By cheques observed, the most active are Plug and Play, EIC Accelerator, BNP Paribas, European Investment Bank and CDP Venture Capital.

### How many energy investors in Italy are there?

26 are on record. 69% made an investment in the last 12 months and 35% have led a round.

### Which stages do energy investors in Italy back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (22%).

### How big are the rounds energy investors in Italy join?

The typical (median) round among the leading investors here is $5.8M.

### Which sectors do energy investors in Italy back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

### Which energy investors in Italy lead the most rounds?

Playground Global (14 led), EIC Accelerator (9 led) and 360 Capital (6 led).

### Where are energy investors in Italy based?

Among the most active, most are based in Italy (6), the United States (5) and France (2).

### What have energy investors in Italy invested in recently?

Recent rounds include Biograil (Other, Nov 2026, with Verve Ventures), Lazarus AI (Nov 2026, with Plug and Play) and Scatec (Debt, Nov 2026, with European Investment Bank).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)