# Top 50 SaaS VC (Venture Capital) Funds in Italy in May 2026 ## Club Italia Investimenti 2 - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 51 - Stages: Seed, Pre-Seed - Focus: E-Commerce, Software, Mobile Club Italia Investimenti is a Milan-based venture capital firm that assists startups in raising seed capital. ## CDP Venture Capital - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 47 - 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. ## Italian Angels for Growth - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 34 - 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. ## P101 - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 29 - Stages: Seed, Series A - Focus: E-Commerce, Software, Internet P101 is an Italian venture capital firm focused on early-stage investments in the digital sector. Agreement to handle personal data I agree I don't agree ## Club degli Investitori - Type: VC Fund - Location: Torino, Piemonte, Italy - Relevant deals: 28 - 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. ## Vertis SGR S.p.A. - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 24 - 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. ## Primo Ventures - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 21 - 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. ## United Ventures - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 20 - Stages: Series A, Seed - Focus: Software, Financial Services, FinTech We are an independent Venture Capitalfirm supporting visionary entrepreneurs toreinvent industries through technology. ## Innogest Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 20 - 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: 19 - 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. ## Invitalia Ventures - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 18 - 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 ## GELLIFY - Type: VC Fund - Location: Bologna, Emilia-Romagna, Italy - Relevant deals: 18 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence GELLIFY is the first innovation platform that invests in B2B digital software startups and connects them to traditional companies with the purpose of innovating their processes, products and business models, through Open Innovation.We make B2B software digital startups grow from the early stage, that we call the liquid state, to the solid one,thanks to our innovative process called "Gellification".A company which is looking to innovate can partner with GELLIFY to leverage all critical capabilities for digital transformation and focus on these specialties: Entrepreneurship, Sales & Marketing, Phygital Factory & Operations, Smart Technology and Smart Human. GELLIFY has also built a B2B Innovation Community, called “EXPLORE”, whose aim is to connect entrepreneurs, innovators and professionals through B2B events and phygital experiences.We operate globally from the following locations: Italy, United Arab Emirates, Spain and Portugal. ## Boost Heroes - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 17 - Stages: Seed, Series A - Focus: E-Commerce, Software, Apps Boost Heroes is an Italy-based holding company focusing on seed and early stage investments. ## LIFTT - Type: VC Fund - Location: Turin, Piemonte, Italy - Relevant deals: 16 - 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. ## Pi Campus - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 13 - Stages: Seed, Pre-Seed - Focus: Software, Mobile, Biotechnology Pi Campus is a startup district and a venture fund that invests in talent. We provide startups with money, mentorship and the best work environment for growth. ## Embed Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 11 - 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. ## UniCredit Group - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 10 - 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. ## Rancilio Cube - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 10 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Software, Financial Services Cube is the investment office founded by Rancilio family ## Growth Engine - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 8 - 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. ## TIM Ventures - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 7 - Stages: Seed, Series A, Pre-Seed - Focus: Mobile, FinTech, Finance TIM Ventures prefers to invest in the internet, digital life, mobile evolution, e-learning, and green technology sectors. It provides capital for startups in Italy and Europe. The company provides startups with consulting services and support. Salvo Mizzi founded TIM Ventures was founded in July 1995, with its headquarters in Milan in Italy. ## 360 Capital - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 7 - Stages: Series A, Seed, Series B - Focus: Software, E-Commerce, Information Technology Early stage european VC investing on ClimateTech, DeepTech, Mass Consumption and Business Automation. ## CRiF - Type: VC Fund - Location: Bologna, Emilia-Romagna, Italy - Relevant deals: 7 - Stages: Seed, Series A, Pre-Seed - Focus: FinTech, Financial Services, Blockchain CRIF offers credit bureau services, business information, analytics and decisioning, consultancy to support finance, insurance, utility and service companies of the customer relationship cycle. ## Intesa Sanpaolo - Type: VC Fund - Location: Torino, Piemonte, Italy - Relevant deals: 7 - 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. ## HATCHER+ - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 7 - Stages: Seed, Pre-Seed, Convertible Note - Focus: Software, E-Commerce, Health Care Hatcher+ is a data-driven venture capital firm that uses AI and machine learning-based technologies to identify early-stage opportunities in partnership with leading accelerators and investors, worldwide. ## Club Digitale - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 6 - Stages: Seed - Focus: E-Commerce, Retail, Internet Club Digitale is an Italian startup accelerator focused on companies in the digital and technology sectors. It is the first club of private investors born with the aim of contributing to the growth of digital in Italy, providing the best startups in the area with the capital necessary for the development of the business. Club Digitale acquiresholdings in the capital of a selection of Startup companies that are completing a process of business acceleration at the partner incubators of the project. ## Atlante Ventures - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 6 - 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 ## Lazio Innova - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 6 - 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. ## Cassa Depositi e Prestiti - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 6 - Stages: Pre-Seed, Seed - Focus: CleanTech, InsurTech, B2B The Cassa depositi e prestiti Group is the national promotional institution that has supported the Italian economy since 1850 ## Azimut Digitech Fund - Type: VC Fund - Relevant deals: 5 - Stages: Series A, Seed - Focus: Software, Computer, Mobile Azimut Digitech Fund Was created as part of a partnership with the Gellify Group. ## Moffu Labs - Type: VC Fund - Relevant deals: 5 - Stages: Seed, Angel - Focus: E-Commerce, Information Technology, B2B Moffu Labs is a one of a kind beast in-between a venture capital and an incubator. It aims at helping startups both financially and management-wise ## Ithaca Investments - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 5 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, E-Commerce, Internet Ithaca Investments is a Family Investment Office firm mainly focused on early-stage opportunities. ## 3LB Seed Capital Srl - Type: VC Fund - Location: Torino, Piemonte, Italy - Relevant deals: 5 - Stages: Seed - Focus: E-Commerce, Information Technology, B2B 3LB Seed Capital is not an alternative to start-ups incubators and accelerators, rather acts as a complementary reality that helps to enhance your project in terms of attractiveness for the investor and venture capital market.As investors they are the first willing to know if your project has what it takes to grow successfully. If they areconvinced of your potential, they are ready to bet on you, by joining you and helping you to develop your project.3LB Seed Capital does not provide a percentage of equity in exchange for accompanying activities, but relies exclusively on a premium at the time of its first direct investment in your company. ## Eureka Venture - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 5 - 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 ## VAM Investments - Type: VC Fund - Location: Esch-sur-alzette, Luxembourg, Luxembourg - Relevant deals: 5 - Stages: Private Equity, Seed - Focus: Fashion, Music, Dental Siamo una partnership di imprenditori, manager e professionisti di Private Equity che investono ## Exor Ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 5 - 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 ## Milano Investment Partners SGR - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 5 - Stages: Series A, Series B - Focus: E-Commerce, Fashion, Food and Beverage MIP SGR is a global investment platform specialized in Venture Capital with multiple alternative and reserved funds, differentiated by growth stages of the portfolio companies and geographical scope, giving privileged access to growing markets. Established in Milan in 2017, MIP SGR is an Alternative Investment Fund Management Company focused mainlybut not exclusively on Tech, Consumer & Lifestyle investments, managing several investment funds. After the success of MIP I fund, in 2021 Milano Investment Partners SGR launched U-Start Ventures, a Multi-compartment fund dedicated to Club Deals in the U.S and Northern Europe, and Cliffs, a new alternative and reserved fund for early-stage, deep-tech focused investments across U.S. Venture Capital landscape and other international hubs. MIP invests in the new class of excellence-driven entrepreneurs across the globe and supports founders and portfolio companies in their quest to go from solid businesses to global champions, combining decades of investing and operational/entrepreneurial experience with a truly global network to help our portfolio companies grow, faster and stronger. ## Atlante Seeds - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 5 - Stages: Seed, Series A - Focus: Manufacturing, Sports, Hardware Atlante Seed is an Intesa Sanpaolo Group's Fund dedicated to seed and early stage capital, it invests in innovative companies still small but with high growth potential, with a particular attention to those belonging to the high technology industry. Besides this activity (direct investments), the Fund invests in selected business incubators oraccelerators specialized in specific sectors (indirect investments). ## Key Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Internet, Apps, E-Commerce We are a venture incubator that wants to exploit the extraordinary human capital of the new digital entrepreneurship. From design to ready-to-market, up looking for new partners and capital, we create value along the entire continuum of mentoring: direct investment , skills qualified and specialized network support the growth of new businesses oftomorrow. With our deal flow , we are able to select innovative ideas with high potential with a business model that minimizes the investment risk and guarantee the success on the market. ## Azimut Holding - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 4 - Stages: Seed, Series A - Focus: FinTech, Information Technology, Blockchain Azimut Holding is an independent financial company that offers investment solutions to develop excellent levels of experience. The company's business model is based on the vertical integration between asset management and distribution. It has portfolio managers and analysts based in major hubs around the world and a network of client-facingfinancial advisors operating to deliver quality advice to clients.Azimut Holding was founded on 1989 and is headquartered in Milan, Italy. ## Ligurcapital SpA - Type: VC Fund - Location: Genoa, Liguria, Italy - Relevant deals: 4 - Stages: Seed - Focus: Fashion, Internet, Fitness Ligurcapital is a public and private joint venture that offers equity financing to companies in Liguria, Italy. ## Invitalia - Type: VC Fund - Location: Roma, Lazio, Italy - Relevant deals: 4 - Stages: Grant, Debt Financing, Seed - Focus: Software, Information Technology, Machine Learning Invitalia, the National Agency for inward investment promotion and enterprise development, is mandated by the Italian government to increase the country's competitiveness, particularly in the South, and to support strategic sectors for development. Its main objectives are: Supporting innovation and growth of the productive system - support theinvestment programs of new business or already underway through a package of instruments between them complementary, capable of increasing the competitiveness of companies. ## Synergo Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 4 - Stages: Private Equity, Series A - Focus: Manufacturing, Information Technology, Software Diamo sostegno operativo e finanziario alle PMI italiane che vogliono crescere negli USA. Investiamo a fianco di imprenditori ambiziosi per aumentare significativamente il valore delle loro aziende. Non siamo un partner solo finanziario, ma anche operativo e strategico. Mettiamo a disposizione la nostra esperienza nel costruire aziende di successo. ## R-301 Capital - Type: VC Fund - Location: Lugano, Ticino, Switzerland - Relevant deals: 4 - Stages: Seed, Series A, Convertible Note - Focus: E-Commerce, Delivery Service, Automotive R-301 Capital They are an independent technology venture capital firm. They invest in early stage busineses leveraging disruptive web and mobile technologies in a variety of sectors. As experienced tech entrepreneurs They combine expertise with cash to best support Their portfolio companies. They move quickly and decisevily in funding innovatorsThey believe in. ## Doorway Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 4 - Stages: Series A, Seed - Focus: Food and Beverage, E-Commerce, Marketplace Doorway Capital is an independent provider of risk capital to law firms. It offers facilities of between £50,000 and £20 million to firms authorized by the SRA to practice law in England and Wales. These facilities can be used to fund disbursements, acquisitions, lock-up, tax liabilities, or anything else. It also purchases paid disbursements fromlaw firms for up to 80% of their face value. These means capital earning little or no return can be redeployed into more profitable activities of the firm or returned to its partners.Doorway Capital was founded in 2015 and is headquartered in London, England. ## Indaco Venture Partners - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 - 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 [...] ## EXOR N.V. - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 3 - Stages: Series A, Series B - Focus: Manufacturing, Biotechnology, Service Industry EXOR S.p.A. is one of Europe’s leading investment companies and is controlled by the Agnelli Family. With a NAV (Net Asset Value) of over Euros 9 billion, EXOR sums up an entrepreneurial story based on more than a century of investments. EXOR makes long-term investments focused on global companies in diversified sectors, mainly in Europe and theUnited States.EXOR’s goal is to beat the MSCI World Index in Euros in the long term through the increase in its Net Asset Value (NAV). EXOR invests in different sectors, mainly in Europe and in the United States, focusing on few global companies.EXOR is a responsible owner, combining its entrepreneurial approach with a sound financial discipline. It focuses on the development of its companies, improving their competitive position and profitability. It maintains a constant dialogue with the management of the companies in which it invests, while fully respecting their operating autonomy. ## Banco BPM - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 - Stages: Debt Financing, Pre-Seed, Series A - Focus: Manufacturing, Renewable Energy, E-Commerce Scopri i servizi bancari e finanziari di Banco BPM: conti, mutui, carte, prestiti, assicurazioni, trading e tanto altro. Per privati e imprese. ## TA Ventures - Type: VC Fund - Location: Frankfurt, Hessen, Germany - Relevant deals: 3 - Stages: Seed, Series A - Focus: E-Commerce, Software, Internet TA Ventures is globally-minded and network-driven VC firm investing in early-stage tech startups in Europe and North America shaping the industries of tomorrow. Our ticket size starts from $100k up to $1M. We offer speed of execution, proactive support, and access to a broad international network. Drawing upon our network, we support our portfoliocompanies by proactively soliciting large, growth-minded co-investors in subsequent rounds. We utilize our industry knowledge and network to give portfolio companies and partner VCs access to the highly skilled and cost-effective R&D outsourcing teams in Central and Eastern Europe. ## Fasanara Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 3 - Stages: Debt Financing, Seed - Focus: Financial Services, FinTech, E-Commerce FASANARA CAPITAL is an independent, owner-managed alternative asset management company authorized and regulated by the Financial Conduct Authority. Co-founded by CEO Francesco Filia in 2011, Fasanara is based in London with alliance offices in Milan. ## Green Arrow Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 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. # 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