# Top 45 Medical Device VC (Venture Capital) Funds in Italy in May 2026 ## CDP Venture Capital - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 6 - 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. ## Innogest Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 5 - Stages: Series A, Series B - Focus: Health Care, Medical, Medical Device We are investors in companies that make the difference. We partner with hard-working entrepreneurial visionaries ## Principia SGR - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 5 - Stages: Series A, Seed - Focus: Health Care, Biotechnology, Software Principia is an Italian Venture Capital firm with over Eur 80M under management. Currently Principia has two funds investing in digital start ups and expansion capital opportunities and in particular cases, we invest also in seed opportunities. ## Italian Angels for Growth - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 5 - 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. ## A11 Venture - Type: VC Fund - Location: Lucca, Toscana, Italy - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Biotechnology, Medical Device, Health Care A11-Venture investe nel capitale di startup innovative nei settori della robotica, automazione, meccatronica, cleantech, web e IT. Facilita la nascita e lo sviluppo di business innovativi globali per il futuro dell'economia locale. Contribuisce a costruire aziende, lavoro qualificato, brevetti, innovazione capaci di rilanciare e riportareinvestimenti e risorse sul territorio. I soci di A11 Venture credono fermamente nell’innovazione grazie a ciò è possibile crescere per linee esterne diversificando i propri investimenti, grazie ad un portafoglio di imprese, con una forte risk mitigation derivante dalla gestione professionale di tutti processi: scouting, team building, investimenti, management degli investimenti, accelerazione e disinvestimento. ## Intesa Sanpaolo - Type: VC Fund - Location: Torino, Piemonte, Italy - Relevant deals: 2 - Stages: Debt Financing, Post-IPO Debt, Seed - Focus: Financial Services, FinTech, Finance Intesa Sanpaolo is a banking group that specializes in wealth management, protection, advisory, and digital orientation. Their products and services include accounts, cards, loans, mortgages, insurance, digital payments, retirement planning, investments, and consulting. ## Atlante Ventures - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 2 - Stages: Series A, Seed - Focus: Software, Biotechnology, Analytics Atlante Ventures is a leading Italian VC fund, operated by IMI Fondi Chiusi SGR, part of Intesa Sanpaolo Group. Totalling, together with its companion funds Atlante Ventures Mezzogiorno (AVM) and Atlante Seed, 60 mio euros in funds under management, Atlante Ventures only supports truly innovative startups, in Italy and abroad.Sinceinception from 2007, Atlante Ventures, AVM and Atlante Seeds have invested in more than 20 seed and early stage companies across all the innovation spectrum, among which Silicon Biosystems, the leading single-cell genomics company, Icoolhunt, the online trend forecasting startup, Admantx, the semantic-based advertising optimization platformThrough its dedicated team of 8 professionales, Atlante Ventures sifts through hundreds of startup companies per year, using the following as key investment criteria: existence of a clearly innovative product or method, strong IP and Know how where applicable, an entrepreneurial team possessing dynamism, common sense, selling skills and in general, the will to make their mark ## Invitalia Ventures - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 2 - Stages: Series A, Seed - Focus: Software, Medical, Health Care Invitalia Ventures SGR manages the “Italia Venture Fund I”, a 87€/Ml sized co-investment fund that invests in early stage operations in Italy. They co-invest up to a maximum of 70% in round A (€ 0.5ML - € 1.5ML) in high growth sectors. Invitalia Ventures, with its network of co-investors not only provides risk capital, but also know-how and anetwork for business development. Main LPs includes the Ministery of Economic Development, the European Investment Bank, Cisco Group, the Sardinian Banking Foundation and Metec Group.They are looking for visionary entrepreneurs who share their passion for innovation. Growth is their mission!!For more information please contact us at info@invitaliaventures.it or visit our website: www.invitaliaventures.it ## UniCredit Group - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 2 - Stages: Debt Financing, Post-IPO Debt - Focus: Energy, Software, Financial Services UniCredit Group is an Italian global banking and financial services company. Its network spanning 50 markets in 20 countries, with more than 9,000 branches and over 148,000 employees. Its strategic position in Western and Eastern Europe gives the group one of the region's highest market shares. ## Healthware Ventures - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Personal Health, PaaS Healthware Ventures is the corporate venture capital arm of Healthware Group ## Panakes Partners - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Health Care, Medical, Biotechnology Panakes Partners is a venture capital investor that finances in medical companies, startups, and high growth SMEs in Europe and Israel. Advantages of the firm are broad network of business contacts and corporate relations, domain expertise, proactive portfolio management, and relationship with selected industrial partners. Investments of thecompany focus on medical devices, diagnostics, biotech for in-vitro diagnostics, IT healthcare, and medical services.Panakes Partners is an Italy-based company that was founded in 2015 by Alessio Beverina, Fabrizio Landi, and Diana Saraceni. ## Eureka Venture - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Nanotechnology, Renewable Energy, Medical Device Eureka! is the first independent Italian venture capital Asset Management company exclusively focused on deep tech investments ## Vertis SGR S.p.A. - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 2 - 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. ## Fondazione Cottino - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Medical, mHealth, Diabetes Fondazione Cottino is support young people in their educational path and support for scientific research, technology transfer. ## Si14 - Type: VC Fund - Location: Vicenza, Veneto, Italy - Relevant deals: 1 - Stages: Seed - Focus: Medical, mHealth, Diabetes Si14 is a visionary original design and development laboratory for novel technology products that enhance the way we live, work and play. Founded in 2008 and based in Padova, Italy, Si14 turns inspiration into the realization of compelling, cutting-edge products and services that help people connect with their activities and their world, empowerenterprises in realizing greater efficiencies, improve access to vital health screening services for millions worldwide, and much more. ## LIFTT - Type: VC Fund - Location: Turin, Piemonte, Italy - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Biotechnology, Health Care A not-only-profit operating investment company, eager to create a bridge between innovative ideas, territory and capital. ## Roca X - Type: VC Fund - Location: Bucharest, Bucuresti, Romania - Relevant deals: 1 - Stages: Seed, Pre-Seed, Convertible Note - Focus: Software, Information Technology, Health Care RocaX > Is building a solid and much needed bridge for startups between the support offered by business angels and the upper stage VCs. Learn more! ## Global Payments SpA - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: FinTech, Wearables, Biometrics Global Payments SpA is a wholly-owned subsidiary of TAS Group. ## Fondazione Golinelli - Type: VC Fund - Location: Bologna, Emilia-Romagna, Italy - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: FinTech, Financial Services, AgTech Fondazione Golinelli was born in Bologna in 1988 by the will of the entrepreneur and philanthropist Marino Golinelli with the aim to promote education and training, to promote the culture, to foster intellectual growth and ethics of young people, the citizens of tomorrow. ## Sistema Investimenti - Type: VC Fund - Location: Catania, Sicilia, Italy - Relevant deals: 1 - Stages: Seed - Focus: Mobile, Medical, Health Care Sistema Investimenti is an holding in the form of SpA, established by the will of young professionals and entrepreneurs in Sicily. Sistema Investimenti focus on qualified minorities primarily in companies in the South of Italy with the exception of turnaround/restructuring and distressed. ## INGENIUM Emilia Romagna - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Angel - Focus: Medical, Health Care, Privacy INGENIUM Emilia Romagna was started with EUR 5.30 million by the Emilia Romagna region and EUR 1.7 million from fund managers. Managed by META Investment, the nine-year fund operated through the temporary acquisition of minority stakes in high-opportunity technological companies. It is now fully invested. ## Amazon Alexa Fund - Type: VC Fund - Location: Seattle, Washington, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Artificial Intelligence, Internet of Things The Amazon Alexa Fund is Amazon’s venture capital fund investing in artificial intelligence, frontier tech, voice, robotics, and digital health across consumer and enterprise. We invest in early- to growth-stage companies globally. To learn more, visit us at alexafund.com. ## Omnes Capital - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Series A, Series B - Focus: Software, Biotechnology, Health Care Omnes, "Powering Entrepreneurs" is a Leading private equity firm dedicated to energy transition and innovation. ## Green Arrow Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 Green Arrow Capital is an independent financial group specializing in alternative investments across Europe. They represent a one-of-a-kind platform, capable of connecting the financial system with the real economy through the management of private equity, private debt, infrastructure, and special credit situation funds as well as thematic fundssuch as microfinance and funds of funds that are currently under management. Their team has a successful track record in asset management, investment banking, industry sectors, technology startups, management consulting, renewable energy, and has government and regulatory experience. Their group is mainly composed of investment, asset management, and financial advisory companies. Their aim is to create a solid financial platform to launch and manage investment funds dedicated to alternatives and to the real economy. ## Avanzi Etica Sicaf EuVECA - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 - Stages: Seed, Series A - Focus: Fashion, Wellness, Recycling Avanzi Etica Sicaf EuVECA is an investment company that supports the development and growth of SMEs and innovative startups . ## UV-Cap - Type: VC Fund - Location: Ravensburg, Baden-Wurttemberg, Germany - Relevant deals: 1 - Stages: Seed, Series A - Focus: Personal Health, Big Data, Wellness UV-Cap is a German family office that invests in mid-size cooperations that have great potential in their markets in the "b-to-b" business. It is based in Ravensburg, Germany. ## EASME - EU Executive Agency for SMEs - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 1 - Stages: Grant, Seed - Focus: Biotechnology, Health Care, Software Executive Agency for SMEs ## Rancilio Cube - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Software, Financial Services Cube is the investment office founded by Rancilio family ## Andera Partners - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Series B, Private Equity - Focus: Biotechnology, Health Care, Medical Andera Partners, formerly known as Edmond de Rothschild Investment Partners (EdRIP) As heir to the traditions and values that have ensured the success of the Rothschild family for 250 years, the Edmond de Rothschild Group has established itself over time as a leading player in European finance. Its activities are grouped around two major areas:Private Banking and Asset Management. The Group offers wealthy families, entrepreneurs, and large institutions a full range of solutions combining a culture of tailored solutions, stability, performance, and innovation. The Edmond de Rothschild Group’s offering is characterised by strong convictions, with the desire to guarantee to each of its customers: A unique, close relationship, underpinned by the know-how and the variety of expertise of a large international group; Autonomous, experienced teams, who anticipate economic trends and innovate to establish long-term performance; The recognised stability, strength, and independence of a family-owned financial group. Founded by Baron Edmond de Rothschild in 1953, the Group has been chaired by his son, Baron Benjamin de Rothschild, since 1997. ## RedSeed Ventures - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 1 - Stages: Seed, Series A - Focus: Retail, Crowdsourcing, Information Technology RedSeed Ventures is a Venture Capital firm investing in Early Stage Companies and Scaleups, in Europe and more particularly in Italy. ## Fountain Healthcare Partners - Type: VC Fund - Location: Dublin, Dublin, Ireland - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Health Care, Biotechnology, Medical Fountain Healthcare Partners is an Irish based life science venture capital fund. Fountain is exclusively focused on the life science sector. Specific areas of interest to them are: specialty pharma, medical devices, biotechnology and diagnostics. They will deploy the majority of their capital in Europe with a strong focus on Ireland. ## Club degli Investitori - Type: VC Fund - Location: Torino, Piemonte, Italy - Relevant deals: 1 - 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. ## Equiter - Type: VC Fund - Location: Turin, Piemonte, Italy - Relevant deals: 1 - Stages: Seed, Series B, Convertible Note - Focus: Medical, Health Care, Information Technology Equiter seleziona, realizza e gestisce investimenti infrastrutturali in capitale di rischio finalizzati allo sviluppo socio-economico del territorio. ## Sviluppo Imprese Centro Italia - Type: VC Fund - Location: Firenze, Toscana, Italy - Relevant deals: 1 - Stages: Seed, Angel, Series A - Focus: Travel, Medical, Hospital Sviluppo Imprese Centro Italia is an independent asset management company founded in Florence in 1998. Active in the Private Equity and Venture Capital sector, it currently manages four closed-end funds for a total value of around 140 million euro and has already carried out numerous operations. in the capital of companies operating in variousindustrial sectors, from the most traditional to high-tech. The mission of SICI is to encourage the development of unlisted SMEs in Central Italy through the contribution of financial resources intended to strengthen their capital and financial structure. SICI intends to represent a Growth Partner for the investee companies and a strategic operator in the creation of value for the territory with an impact on the economic and social fabric in terms of competitiveness of the economic system, employment, entrepreneurial and managerial culture. Business Development Central Italy is an independent Italian managing closed-end funds company. Established in Florence in 1998, SICI has 4 Private Equity and Venture funds under management with a total committed capital of 140m Euros. ## SFEM Italia - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 - Stages: Seed - Focus: Big Data, Health Care, Medical Device SFEM Italia is a family office that chooses, manages, and oversees the investments of the Stevanato Family. SFEM is dedicated to the management of all non-core investments for the group including alternative investments such as real estate, private equity, and venture capital. It was founded in 2012 and is headquartered in Milan, Italy. ## GM&C Life Sciences Fund - Type: VC Fund - Location: Alderley Edge, Cheshire, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A - Focus: Health Care, Biotechnology, Medical The GM&C Life Sciences Fund is a seed and early stage venture capital fund targeting life sciences businesses located in the Greater Manchester and Cheshire & Warrington region. The Fund is managed by Catapult Venture Managers ("Catapult Ventures").The Fund is based at Alderley Park, which is well recognised as a site ofnational importance, being the largest life sciences campus of its kind in the UK with more than 500,000 sq. ft. of top-end laboratory and related space and facilities. Until recently, the Park was the R&D headquarters for AstraZeneca.Since 2002, Catapult Ventures has backed a significant number of companies across a broad range of life sciences, including therapeutics (such as Abzena and Oxford BioTherapeutics), medical devices (such as Monica Healthcare and Probe Scientific), contract research organisations (such as R5 Pharmaceuticals and FDAS), diagnostics developers (such as Lumora and Biofortuna), as well as developers of technology used in healthcare applications (such as Oxford Cryosystems and Accutronics). The Fund is the result of a collaboration between Cheshire and Warrington Enterprise Partnership, Greater Manchester Combined Authority, Cheshire East Council, and Manchester Science Partnerships. ## Italian Angels for Biotech - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Health Care, Biotechnology, Pharmaceutical Angel group focuses on biotech ## Indaco Venture Partners - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 - Stages: Series A, Series B - Focus: Biotechnology, Health Care, Medical VENTURE We invest across all sectors with specific focus on technology and digital The largest independent more About Us Portfolio [...] ## Estor - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Health Care, Biotechnology, Medical Device Estor is a Investment Firm. ## Spindial Group - Type: VC Fund - Relevant deals: 1 - Focus: Medical, Health Care, Biotechnology Spindial Group ## F3F - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Series C - Focus: Hardware, Hospital, Software F3F ## Embed Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 1 - 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. ## I.A.C.E.R. srl - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Wellness, Health Care, Medical Device Manufacturer of medical devices for home rehabilitation ## Lazio Innova - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 1 - Stages: Seed, Pre-Seed, Grant - Focus: Health Care, Artificial Intelligence, Software Lazio Innova is a venture capital firm with its headquarters in Rome in Italy. The firm provides services in areas such as credit support and guarantees, interventions in risk capital, internationalization services, promotion of business networks and services for the creation and enterprise development. ## Bios Line Holding - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Sports, Leisure, E-Commerce investment firm # 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