# Top 50 Software VC (Venture Capital) Funds in Italy in May 2026 ## CDP Venture Capital - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 38 - 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. ## Club Italia Investimenti 2 - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 28 - 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. ## P101 - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 18 - 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: 17 - 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. ## United Ventures - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 16 - Stages: Series A, Seed - Focus: Software, Financial Services, FinTech We are an independent Venture Capitalfirm supporting visionary entrepreneurs toreinvent industries through technology. ## Italian Angels for Growth - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 15 - 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. ## Vertis SGR S.p.A. - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 14 - 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. ## GELLIFY - Type: VC Fund - Location: Bologna, Emilia-Romagna, Italy - Relevant deals: 13 - 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. ## Primo Ventures - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 12 - 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. ## Invitalia Ventures - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 11 - 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 ## Boost Heroes - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 10 - Stages: Seed, Series A - Focus: E-Commerce, Software, Apps Boost Heroes is an Italy-based holding company focusing on seed and early stage investments. ## Principia SGR - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 10 - 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. ## LIFTT - Type: VC Fund - Location: Turin, Piemonte, Italy - Relevant deals: 10 - 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. ## UniCredit Group - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 9 - 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. ## Pi Campus - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 7 - 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. ## Intesa Sanpaolo - Type: VC Fund - Location: Torino, Piemonte, Italy - Relevant deals: 6 - 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. ## 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. ## 360 Capital - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 6 - 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: 6 - 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. ## 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. ## Embed Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 5 - 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. ## 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 ## HATCHER+ - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 5 - 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. ## Atlante Seeds - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 4 - 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). ## Cassa Depositi e Prestiti - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 4 - 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 ## Ithaca Investments - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 4 - 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. ## 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. ## Eureka Venture - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 4 - 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 ## Rancilio Cube - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Software, Financial Services Cube is the investment office founded by Rancilio family ## Fondazione Golinelli - Type: VC Fund - Location: Bologna, Emilia-Romagna, Italy - Relevant deals: 3 - 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. ## Invitalia - Type: VC Fund - Location: Roma, Lazio, Italy - Relevant deals: 3 - 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. ## Growth Engine - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 - 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. ## Alma Mundi Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 3 - Stages: Series A, Seed - Focus: Software, InsurTech, Insurance We back bold and purpose-driven founders. ## 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. ## EXOR N.V. - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 3 - Stages: Series A, Series B - Focus: Manufacturing, Health Care, Biotechnology EXOR is a holding company based in the Netherlands that the Agnelli family controls. The company has a diverse portfolio of investments in various industries, including automotive, real estate, and finance. The company is known for taking a long-term approach to its assets and has a reputation for being a patient and value-oriented investor. Thecompany's primary focus is on creating long-term value for its shareholders by actively managing and growing its portfolio of investments.EXOR's core mission is to cultivate exceptional enterprises, simultaneously nurturing opportunities for its talented workforce to flourish, make meaningful societal contributions, and yield outstanding returns for its valued investors. ## 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. ## Key Capital - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 - 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. ## Vertis Venture 3 Tech Transfer - Type: VC Fund - Relevant deals: 3 - Stages: Seed, Series A - Focus: Social, Hardware, Software Vertis is a dynamic and independent investment management company authorised by Bank of Italy. ## Club Digitale - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 3 - 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. ## Azimut Holding - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 - 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. ## Fondazione Social Venture Giordano dell'Amore - Type: VC Fund - Location: Milan, Lombardia, Italy - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Food and Beverage, Art, Apps FSVGDA aims at the promotion of the impact investing culture, in order to facilitate social innovation. ## Creative Thinking Ventures - Type: VC Fund - Relevant deals: 3 - Stages: Seed, Pre-Seed ## TLcom Capital Partners - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Series A, Series B - Focus: Software, Mobile, Information Technology TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs. ## Prana Ventures - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 2 - Focus: Freelance, Web Design, Web Development Prana Ventures focused on seed and post seed stage investment. The first recognized stage of equity fundraising is seed capital. It is usually the first official money raised by a commercial endeavor or enterprise. Some businesses never go from seed investment to Series A or beyond. ## Equiter - Type: VC Fund - Location: Turin, Piemonte, Italy - Relevant deals: 2 - 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. ## Cysero - Type: VC Fund - Location: Bergamo, Lombardia, Italy - Relevant deals: 2 - Stages: Seed - Focus: Robotics, Software, Information Technology Cysero is a venture capital fund focused on the robotics and cybersecurity sectors. The fund was established in October 2020 and managed by AVM Gestioni SGR S.p.A. Manager EuVECA Società Benefit and jointly promoted with Kilometro Rosso, Bergamo's science and technology park. ## OurCrowd - Type: VC Fund - Location: Jerusalem, Yerushalayim, Israel - Relevant deals: 2 - Stages: Series B, Series A, Seed - Focus: Software, Artificial Intelligence, Health Care Access exclusive VC angel investment deals in pre-vetted startup companies. Join now. ## RedSeed Ventures - Type: VC Fund - Location: Milano, Lombardia, Italy - Relevant deals: 2 - 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. ## Reale Group - Type: VC Fund - Location: Torino, Piemonte, Italy - Relevant deals: 2 - Stages: Seed, Series A - Focus: FinTech, Apps, Banking Reale Group Corporate Venturing is the division of the Reale Group’s Digital & Innovation area whose aim is to search for the best Italian and foreign innovative startups and invest in them, with the aim of creating industrial synergies within the Group’s companies and assisting them in their process of growth and business development. In anincreasingly aggressive market, we strongly believe that investing in startups is an essential condition to support the development and innovation of Reale Group.​We particularly aim at organizations that possess a team of talents with high competence and knowledge and that prove to jump on their competitors by taking advantage of technological product and process innovation. In our scouting activity, we liaise with a network made up of the most relevant Italian and international Venture Capital players. ​The way we work​We make direct investments in the equity of the selected startups, thus helping their business and providing the required economic resources, always respecting their independence. To do so, we are supported by an interdisciplinary team of experts in law and finance, along with banking, insurance and technology experts with the capability to evaluate, in a quick, exhaustive and efficient way, the startups of interest, in order to secure a conscious involvement, capable of producing mutual advantages. Investments do not constitute our only method of contact with the startups world though. We are also available to consider partnerships along with services provision, in case the startups meet the requirements. ## Crédit Agricole Italia - Type: VC Fund - Location: Parma, Emilia-Romagna, Italy - Relevant deals: 2 - Stages: Debt Financing, Seed - Focus: Water, Farming, Software Crédit Agricole Italia is a bank that offers loans and financial services. # 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