# VC firms based in Italy (2026 list)

> 315 VC firms based in Italy, 11% active in the last 12 months. Led by CDP Venture Capital, Vento, P101 Ventures. Ranked by what they funded.

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

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

# VC firms based in Italy

Updated 7 November 2026

VC firms headquartered in Italy.

[See all 315 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvc-firms-based-in-italy)The top 25

**315** investors on the list *+1* this week

**173** cheques in 12 months *+4%* against the market

**$3.9M** median round they joined *-52%* against the market median

**11%** wrote a cheque in 12 months

**6%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (16)

- 1 [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) *Deploying now* VC firm · Italy **227** **$3.9M** median round **Oct 2026** last seen
- 2 [Vento](https://millionrounds.com/fund/vento) *Deploying now* VC firm · Italy **83** **$1.9M** median round **Nov 2026** last seen
- 3 [P101 Ventures](https://millionrounds.com/fund/p101) *Deploying now* VC firm · Italy **69** **$7.2M** median round **Oct 2026** last seen
- 4 [Club Italia Investimenti](https://millionrounds.com/fund/club-italia-investimenti) quiet VC firm · Italy **68** **$83K** median round **Sept 2015** last seen
- 5 [UniCredit](https://millionrounds.com/fund/unicredit) *Deploying now* VC firm · Italy **55** **$16M** median round **Sept 2026** last seen
- 6 [Primo Capital](https://millionrounds.com/fund/primo-capital) *Deploying now* VC firm · Italy **54** **$2.9M** 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 [LVenture Group](https://millionrounds.com/fund/lventure-group) quiet VC firm · Italy **39** **$371K** median round **Nov 2015** 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 [Growth Engine](https://millionrounds.com/fund/growth-engine) *Deploying now* VC firm · Italy **35** **$2.2M** median round **Oct 2026** last seen
- 11 [Principia SGR](https://millionrounds.com/fund/principia-sgr) dormant VC firm · Italy **28** **$39M** median round **Jan 2017** last seen
- 12 [Innogest Capital](https://millionrounds.com/fund/innogest-capital) quiet VC firm · Italy **24** **$14M** median round **Dec 2019** last seen
- 13 [Indaco Venture Partners](https://millionrounds.com/fund/indaco-venture-partners) *Deploying now* VC firm · Italy **14** **$25M** median round **Oct 2026** last seen
- 14 [Eden Ventures](https://millionrounds.com/fund/eden-ventures-2) *Deploying now* VC firm · Italy **13** **$9.6M** median round **Sept 2026** last seen
- 15 [boox.it](https://millionrounds.com/fund/boox-it) quiet VC firm · Italy **13** **$200K** median round **Sept 2014** last seen
- 16 [Angelini Ventures](https://millionrounds.com/fund/angelini-ventures) *Deploying now* VC firm · Italy **11** **$58M** median round **Nov 2026** last seen
- 17 [Vertis SGR](https://millionrounds.com/fund/vertis-sgr) *Deploying now* VC firm · Italy **11** **$8.4M** median round **Sept 2026** last seen
- 18 [dPixel](https://millionrounds.com/fund/dpixel) quiet VC firm · Italy **8** **$554K** median round **Nov 2013** last seen
- 19 [Neva SGR](https://millionrounds.com/fund/neva-sgr) *Deploying now* VC firm · Italy **7** **$110M** median round **Oct 2026** last seen
- 20 [P101 SGR](https://millionrounds.com/fund/p101-sgr) *Deploying now* VC firm · Italy **7** **$6.5M** median round **Oct 2026** last seen
- 21 [Filas](https://millionrounds.com/fund/filas) quiet VC firm · Italy **7** **$482K** median round **May 2014** last seen
- 22 [Panakes Partners](https://millionrounds.com/fund/panakes-partners) *Deploying now* VC firm · Italy **6** **$51M** median round **Oct 2026** last seen
- 23 [Italian Founders Fund](https://millionrounds.com/fund/italian-founders-fund) *Deploying now* VC firm · Italy **5** **$18M** median round **Oct 2026** last seen
- 24 [RedSeed Ventures](https://millionrounds.com/fund/redseed-ventures) *Deploying now* VC firm · Italy **5** **$31M** median round **May 2026** last seen
- 25 [Siamosoci](https://millionrounds.com/fund/siamosoci) quiet VC firm · Italy **5** **$240K** median round **Sept 2013** last seen

**290 more on this list**

All 315 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%2Fvc-firms-based-in-italy)

## The Newest Cheques

Rounds this list's investors joined most recently

- **3** Nov **[Active Label](https://millionrounds.com/company/active-label)** Other *With* [Eureka Venture](https://millionrounds.com/fund/eureka-venture)
- **3** Nov **[CyberKord](https://millionrounds.com/company/cyberkord)** Pre-seed · $3M *With* [Vento](https://millionrounds.com/fund/vento)
- **1** Nov **[Medical Microinstruments](https://millionrounds.com/company/medical-microinstruments)** Series D+ · $125M *With* [Angelini Ventures](https://millionrounds.com/fund/angelini-ventures)
- **30** Oct **[Complaion](https://millionrounds.com/company/complaion)** Other *With* [Italian Founders Fund](https://millionrounds.com/fund/italian-founders-fund)
- **27** Oct **[Agora Labs](https://millionrounds.com/company/agora-labs)** Other *Led by* [P101 Ventures](https://millionrounds.com/fund/p101)
- **22** Oct **[Phononic Vibes](https://millionrounds.com/company/phononic-vibes)** Growth *With* [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital)

## Stages This Year

139 rounds

- Seed **33%**
- Pre-seed **18%**
- Venture **11%**
- Series A **9%**
- Debt **8%**
- Other **21%**

## What They Backed

Sectors, last 12 months

- AI **36**
- Healthcare **15**
- Biotech **14**
- Energy **10**
- Cybersecurity **8**
- Food & Beverage **7**

## Cheques by Quarter

Led Joined

44 Q1 25

39 Q2 25

55 Q3 25

47 Q4 25

41 Q1 26

52 Q2 26

41 Q3 26

23 Q4 26

The last bar is the quarter still running.

## Lists Like This

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- [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom)
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- [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 VC firms based in Italy

### Who are the most active VC firms based in Italy?

By cheques observed, the most active are CDP Venture Capital, Vento, P101 Ventures, Club Italia Investimenti and UniCredit.

### How many VC firms based in Italy are there?

315 are on record. 11% made an investment in the last 12 months and 6% have led a round.

### Which stages do VC firms based in Italy back?

Of the rounds with a named stage in the last 12 months, mostly Seed (40%) and Pre-seed (22%).

### How big are the rounds VC firms based in Italy join?

The typical (median) round among the leading investors here is $7.2M.

### Which sectors do VC firms based in Italy back most?

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

### Which VC firms based in Italy lead the most rounds?

CDP Venture Capital (5 led), P101 SGR (5 led) and Vento (1 led).

### What have VC firms based in Italy invested in recently?

Recent rounds include Active Label (Other, Nov 2026, with Eureka Venture), CyberKord (Pre-seed, Nov 2026, with Vento) and Medical Microinstruments (Series D+, Nov 2026, with Angelini Ventures).

### How is this list of VC firms 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)
