# Hardware & Electronics investors in Italy (2026 list)

> 12 hardware & Electronics investors in Italy, 83% active in the last 12 months. Led by Plug and Play, EISMEA, Partech Ventures. Ranked by what they funded.

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

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

# Hardware & Electronics investors in Italy

Updated 7 November 2026

Firms observed backing a hardware & Electronics company in Italy in the last two years, wherever the firm is based.

[See all 12 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhardware-investors-in-italy)The top 12

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

**389** cheques in 12 months *-19%* against the market

**$9.2M** median round they joined *+15%* against the market median

**83%** wrote a cheque in 12 months

**67%** have led a round

## The Top 12

Ordered by cheques observed, never by anything anyone paid for

Deploying now (10)

- 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 [EISMEA](https://millionrounds.com/fund/eismea) *Deploying now* Investment firm **524** **$2.2M** median round **Sept 2026** last seen
- 3 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 4 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) *Deploying now* VC firm · United Kingdom **368** **$30M** median round **Oct 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 [Lakestar](https://millionrounds.com/fund/lakestar) *Deploying now* VC firm · Switzerland **168** **$18M** median round **Oct 2026** last seen
- 7 [LIFTT](https://millionrounds.com/fund/liftt) *Deploying now* VC firm · Italy **51** **$3.1M** median round **Sept 2026** last seen
- 8 [Quantonation](https://millionrounds.com/fund/quantonation) *Deploying now* VC firm · France **43** **$11M** median round **Nov 2026** last seen
- 9 [United Ventures](https://millionrounds.com/fund/united-ventures) quiet VC firm · Italy **38** **$7.5M** median round **Oct 2025** last seen
- 10 [33N](https://millionrounds.com/fund/33n) *Deploying now* Growth equity **2** **$58M** median round **Nov 2025** last seen
- 11 [Deep Ocean Capital](https://millionrounds.com/fund/deep-ocean-capital) *Deploying now* VC firm **2** **$3.5M** median round **Sept 2026** last seen
- 12 [SUPERNOVA](https://millionrounds.com/fund/supernova-2) quiet VC firm · United States **1** **$81M** median round **Jul 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Quint Computing](https://millionrounds.com/company/quint-computing)** Series A · $10M *With* [Quantonation](https://millionrounds.com/fund/quantonation)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Quint](https://millionrounds.com/company/quint)** Seed · $10M *With* [Quantonation](https://millionrounds.com/fund/quantonation)
- **30** Oct **[Ares Intelligence](https://millionrounds.com/company/ares-intelligence)** Seed · $3.2M *With* [Lakestar](https://millionrounds.com/fund/lakestar)
- **29** Oct **[Ravical](https://millionrounds.com/company/ravical)** Seed · $17M *With* [Lakestar](https://millionrounds.com/fund/lakestar)

## Stages This Year

374 rounds

- Seed **25%**
- Series A **19%**
- Venture **19%**
- Pre-seed **7%**
- Other **6%**
- Other **25%**

## What They Backed

Sectors, last 12 months

- AI **148**
- Fintech **31**
- Healthcare **27**
- Biotech **22**
- Hardware & Electronics **17**
- Cybersecurity **15**

## Cheques by Quarter

Led Joined

135 Q1 25

132 Q2 25

130 Q3 25

124 Q4 25

126 Q1 26

104 Q2 26

88 Q3 26

17 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)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [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 hardware and deep tech

- The One Device: The Secret History of the iPhone Brian Merchant · 2017 3.89 from 1,949 ratings on Goodreads Hardware and deep tech About the book We know the iPhone as the device that transformed our world, changing everything from how we talk to each other and do business, to how we exercise, travel, shop, and watch TV. But packed within its slim profile is the fascinating, untold story of scientific, technological, and… On AmazonListen on Audible
- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Hardware and deep tech About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Hardware and deep tech About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible
- Behemoth: A History of the Factory and the Making of the Modern World Joshua B. Freeman · 2018 3.83 from 864 ratings on Goodreads Hardware and deep tech About the book "Freeman’s rich and ambitious Behemoth depicts a world in retreat that still looms large in the national imagination.…More than an economic history, or a chronicle of architectural feats and labor movements." ―Jennifer Szalai, New York Times In an accessible and timely work of… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about hardware & Electronics investors in Italy

### Who are the most active hardware & Electronics investors in Italy?

By cheques observed, the most active are Plug and Play, EISMEA, Partech Ventures, Balderton Capital and CDP Venture Capital.

### How many hardware & Electronics investors in Italy are there?

12 are on record. 83% made an investment in the last 12 months and 67% have led a round.

### Which stages do hardware & Electronics investors in Italy back?

Of the rounds with a named stage in the last 12 months, mostly Seed (33%) and Series A (26%).

### How big are the rounds hardware & Electronics investors in Italy join?

The typical (median) round among the leading investors here is $11M.

### Which sectors do hardware & Electronics investors in Italy back most?

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

### Which hardware & Electronics investors in Italy lead the most rounds?

Balderton Capital (22 led), Partech Ventures (18 led) and Lakestar (8 led).

### Where are hardware & Electronics investors in Italy based?

Among the most active, most are based in Italy (3), the United States (2) and France (2).

### What have hardware & Electronics investors in Italy invested in recently?

Recent rounds include Quint Computing (Series A, Nov 2026, with Quantonation), Lazarus AI (Nov 2026, with Plug and Play) and Carryt (Nov 2026, with Plug and Play).

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