# Series C investors in Italy (2026 list)

> 15 series C investors in Italy, 60% active in the last 12 months. Led by Partech Ventures, Balderton Capital, CDP Venture Capital. Ranked by what they funded.

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

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

# Series C investors in Italy

Updated 7 November 2026

Firms we have watched take part in a Series C round raised by a company in Italy in the last two years, wherever the firm is based.

[See all 15 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-c-investors-in-italy)The top 15

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

**195** cheques in 12 months *-5%* against the market

**$23M** median round they joined *+192%* against the market median

**60%** wrote a cheque in 12 months

**60%** have led a round

## The Top 15

Ordered by cheques observed, never by anything anyone paid for

Deploying now (9)

- 1 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 2 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) *Deploying now* VC firm · United Kingdom **368** **$30M** median round **Oct 2026** last seen
- 3 [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) *Deploying now* VC firm · Italy **227** **$3.9M** median round **Oct 2026** last seen
- 4 [Lakestar](https://millionrounds.com/fund/lakestar) *Deploying now* VC firm · Switzerland **168** **$18M** median round **Oct 2026** last seen
- 5 [Santander](https://millionrounds.com/fund/santander) *Deploying now* VC firm · United Kingdom **125** **$66M** median round **Oct 2026** last seen
- 6 [United Ventures](https://millionrounds.com/fund/united-ventures) quiet VC firm · Italy **38** **$7.5M** median round **Oct 2025** last seen
- 7 [Finindus](https://millionrounds.com/fund/finindus) quiet VC firm · Belgium **8** **$8.3M** median round **Oct 2025** last seen
- 8 [Airbnb](https://millionrounds.com/fund/airbnb) *Deploying now* Corporate VC · United States **6** **$58M** median round **May 2026** last seen
- 9 [H14](https://millionrounds.com/fund/h14) *Deploying now* Family office · Italy **5** **$58M** median round **Jul 2026** last seen
- 10 [Santander Alternative Investments](https://millionrounds.com/fund/santander-alternative-investments) *Deploying now* Growth equity **3** **$23M** median round **Jul 2026** last seen
- 11 [33N](https://millionrounds.com/fund/33n) *Deploying now* Growth equity **2** **$58M** median round **Nov 2025** last seen
- 12 [MITO Tech Ventures](https://millionrounds.com/fund/mito-tech-ventures) quiet VC firm **2** **$25M** median round **Sept 2025** last seen
- 13 [SUPERNOVA](https://millionrounds.com/fund/supernova-2) quiet VC firm · United States **1** **$81M** median round **Jul 2025** last seen
- 14 [Syensqo Ventures](https://millionrounds.com/fund/syensqo-ventures) quiet Growth equity · Belgium **1** **$23M** median round **Sept 2025** last seen
- 15 [T2Y Capital](https://millionrounds.com/fund/t2y-capital) quiet Growth equity · Germany **1** **$23M** median round **Sept 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **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)
- **22** Oct **[Phononic Vibes](https://millionrounds.com/company/phononic-vibes)** Growth *With* [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital)
- **19** Oct **[Nouscom](https://millionrounds.com/company/nouscom)** Series D+ · $135M *With* [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital)
- **14** Oct **[Duvo](https://millionrounds.com/company/duvo)** Series A · $32M *Led by* [Balderton Capital](https://millionrounds.com/fund/balderton-capital)
- **12** Oct **[energyRe](https://millionrounds.com/company/energyre)** Debt · $815M *With* [Santander](https://millionrounds.com/fund/santander)

## Stages This Year

188 rounds

- Seed **19%**
- Series A **17%**
- Debt **13%**
- Venture **12%**
- Series C **10%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **69**
- Energy **14**
- Fintech **13**
- Healthcare **11**
- Aerospace & Space **10**
- Financial Services **9**

## Cheques by Quarter

Led Joined

56 Q1 25

47 Q2 25

60 Q3 25

62 Q4 25

69 Q1 26

48 Q2 26

44 Q3 26

8 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Early stage investors in United States 3,774](https://millionrounds.com/lists/early-stage-investors-in-united-states)
- [Series A investors in United States 2,305](https://millionrounds.com/lists/series-a-investors-in-united-states)
- [Seed investors in United States 2,252](https://millionrounds.com/lists/seed-investors-in-united-states)
- [Series B investors in United States 1,647](https://millionrounds.com/lists/series-b-investors-in-united-states)
- [Growth investors in United States 1,329](https://millionrounds.com/lists/growth-investors-in-united-states)
- [Early stage investors in United Kingdom 1,166](https://millionrounds.com/lists/early-stage-investors-in-united-kingdom)
- [Series C investors in United States 967](https://millionrounds.com/lists/series-c-investors-in-united-states)
- [Pre-seed investors in United States 774](https://millionrounds.com/lists/pre-seed-investors-in-united-states)
- [Seed investors in United Kingdom 692](https://millionrounds.com/lists/seed-investors-in-united-kingdom)

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

## Reading for founders at Series B and scaling

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible
- Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about series C investors in Italy

### Who are the most active series C investors in Italy?

By cheques observed, the most active are Partech Ventures, Balderton Capital, CDP Venture Capital, Lakestar and Santander.

### How many series C investors in Italy are there?

15 are on record. 60% made an investment in the last 12 months and 60% have led a round.

### Which stages do series C investors in Italy back?

Of the rounds with a named stage in the last 12 months, mostly Seed (23%) and Series A (21%).

### How big are the rounds series C investors in Italy join?

The typical (median) round among the leading investors here is $23M.

### Which sectors do series C investors in Italy back most?

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

### Which series C investors in Italy lead the most rounds?

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

### Where are series C investors in Italy based?

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

### What have series C investors in Italy invested in recently?

Recent rounds include Ares Intelligence (Seed, Oct 2026, with Lakestar), Ravical (Seed, Oct 2026, with Lakestar) and Phononic Vibes (Growth, Oct 2026, with CDP Venture Capital).

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