# Top 15 Fitness VC (Venture Capital) Funds in Italy in May 2026 ## Club degli Investitori - Type: VC Fund - Location: Torino, Piemonte, Italy - Relevant deals: 4 - Stages: Seed, Series A - Focus: E-Commerce, Health Care, Software Club degli Investitori (Investors Club) is a network of investors and business angels that invest on early-stage SMEs and startups. The community of 300+ Members (entrepreneurs, CEOs, executive managers) actively scouts for investing opportunities on SMEs & startups and invests with a minimum ticket of €200k. The Club supports business byinvesting capital and by leveraging the Members' network and experience.Club degli Investitori is supported by Unicredit and KPMG Italy. ## Boost Heroes - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 - Stages: Seed, Series A - Focus: E-Commerce, Software, Apps Boost Heroes is an Italy-based holding company focusing on seed and early stage investments. ## Italian Angels for Growth - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 - Stages: Seed, Angel - Focus: Software, E-Commerce, Health Care IAG is an angel investor network that offers access to its affiliates to early-stage venture opportunities. Its members to date have deployed over 22 million Euros to support 41 startups in the series seed/series A stage in many verticals, among which: Medtech, SAAS, e-commerce, Fintech, and high tech at large. Every investment opportunityat IAG is vetted by a professional team together with expert members of the group. Once invested, the company receives the support of up to two Investment champions, who bring their expertise to the table and help them succeed. ## CDP Venture Capital - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Health Care, Information Technology CDP Venture Capital Sgr - National Innovation Fund aims to make venture capital a cornerstone of the country's economic development and innovation, creating the conditions for an overall and sustainable growth of the venture capital ecosystem. ## Embed Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Information Technology, Health Care, Mobile Embed Capital directly invests in startups, established or in the process of creation.Embed is mainly focused on innovative companies that:- Are active in the so-called “real economy” sectors: industrials, technology, environment, services, retail or social;- Are characterized by simple and intuitive business models and valuepropositions, and operate in markets or market segments featuring high growth potential;- Present a clear competitive advantage and high barriers-to-entry;- Are cash-generative in the medium term.Given that Embed Capital is not a closed-end fund, it doesn’t have specific time-constrains and it can assess on a project-by-project basis to determine the best time to sell a participation, and sign customized agreements with the entrepreneurs. ## Primo Ventures - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Information Technology, Aerospace Primo Ventures is a venture capital firm focused on seed and early stage startups. The firm manages two funds focused on the digital sector and one fund specializing in the new space economy. ## Azimut Digitech Fund - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Seed - Focus: Software, Computer, Mobile Azimut Digitech Fund Was created as part of a partnership with the Gellify Group. ## RCS MediaGroup - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 - Stages: Seed, Series A - Focus: Beauty, Retail, Fitness RCS MediaGroup S.p.A., based in Milan and listed on the Italian Stock Exchange is one of the world’s major multimedia publishing groups. RCS MediaGroup is active in all publishing sectors – from newspapers to magazines, books to TV and radio to new media – and among the leaders in terms of advertising sales and distribution. With 32% of RCSMediaGroup's turnover generated in foreign markets, they have a significant presence in particular in Spain, Portugal, USA, South America, UAE and China. In the future, RCS MediaGroup believes that culture, reliable information and communications will be increasingly important for all people and will play a crucial role in how society develops. The impact of this trend will be more dynamic, widespread and accessible than ever before thanks to continuous technological progress. RCS MediaGroup is at the forefront of publishing evolution, inspired by their principles and founding values and strengthened by the trust in their content, brands and writers. RCS MediaGroup's main objectives have always been to produce and propagate culture, information, services and entertainment, while respecting the principles of liberty, honesty and pluralism and driving innovation across all forms of communication. ## Net4Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 - Stages: Seed - Focus: Fitness, Wellness, Nutrition Net4Capital is a investment management company in private equity and venture capital. ## Growth Engine - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 - Stages: Secondary Market, Seed, Convertible Note - Focus: E-Commerce, Information Technology, Internet Growth Engine is a holding company that invests in startups and scaleups with high growth potential founded by Fabio Mondini de Focatiis, Andrea Marangione, Michele Appendino and Marco Ariello, Venture Capital professionals with an excellent track record. Growth Engine invests in Italian startups at the Pre-Seed and Seed stage. ## Exor Ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series A, Seed, Pre-Seed - Focus: Health Care, Software, FinTech With EXOR Seeds, We have reconnected with our entrepreneurial roots and long history of innovation. We look for exceptional founders, with the ambition to build great businesses in their field. EXOR Seeds offers a truly different type of partnership to the select group of entrepreneurs that it backs:- As a fifth-generation family-ledbusiness, we proved that we are builders not traders;- Our permanent capital allows us to take a long-term view and put the interest of the companies We invest in first;- Our global network, across industries and geographies, is a unique advantage to entrepreneurs ## Sport Horizon Holding S.p.a. - Type: VC Fund - Location: Turin, Piemonte, Italy - Relevant deals: 1 - Stages: Seed, Convertible Note - Focus: Apps, Sports, Fitness The innovative hub to invest in the most promisingand visionary startups in the sport industry. ## Azimuth Capital Management - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 1 - Stages: Seed, Series A - Focus: Oil and Gas, Solar, Renewable Energy Azimuth Capital is a leading private equity firm with almost 20 years of experience investing in energy transition, infrastructure, E&P and technology. ## Vertis SGR S.p.A. - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Biotechnology, Computer Vertis is a dynamic and independent investment management company authorised by Bank of Italy. It manages five closed-end funds for qualified investors by participating in research projects, spin-offs, startups and PMI and deals with the investments of the innovative Made in Italy. ## Cairo Communication - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 1 - Stages: Series A - Focus: Fitness, Software, Training Cairo Communication is a company that carries activities in the communication sector as a publisher - television & books & a concessionaire. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co