Milan's startup community is clearly on the rise, supported by a strong local investor base. These firms are backing a wide range of companies, from digital platforms to healthcare.
Firms like P101 have backed over 100 companies, while others such as Club Italia Investimenti 2 are approaching 80 investments.
Below is our list of the best 8 VC firms in Milan.
Failory's Top 8 Picks
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Primo Capital operates as a multi-fund investment company, focusing its capital on seed and early-stage startups. They direct investments toward companies in digital software, new space, climate technology, and healthcare.
| Year Founded | 2016 |
| Founders | Antonio Concolino, Franco Gonella, Gianluca Dettori |
| Investment Stage | Convertible Note, Early Stage, Late Stage, Seed |
| Nº of Investments | 75 (37 as Lead Investor) |
| Nº of Exits | 9 (2 IPO'd) |
| Contact | info@primo.vc |
With over 15 years of experience, XGEN Venture backs startups developing solutions for high unmet medical needs. As an Italian alternative investment fund manager, they support companies from the early stages through to later growth, helping to bring new medical technologies to market.
| Year Founded | — |
| Founders | Daniele Scarinci |
| Investment Stage | Early Stage, Late Stage |
| Nº of Investments | 6 (3 as Lead Investor) |
| Nº of Exits | — |
| Contact | +39 02 3651 5119 |
As an independent investment management company, Vertis directs its closed-end funds toward Italian research projects, spin-offs, and startups. Authorized by the Bank of Italy, they focus on backing and developing companies that represent the "Made in Italy" brand.
| Year Founded | 2007 |
| Founders | Amedeo Giurazza |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 62 (36 as Lead Investor) |
| Nº of Exits | 7 |
| Contact | vertis@vertis.it / +39 081 240 40 96 |
P101 invests in early-stage digital and technology-driven companies, providing entrepreneurs with the capital and resources needed for growth. The firm's portfolio features companies like Musixmatch and Tannico, reflecting its focus on supporting Italian tech innovation.
| Year Founded | 2013 |
| Founders | Andrea Di Camillo |
| Industries | Cybersecurity, E-Commerce, Education, Fintech, Food & Beverage, Healthcare, Supply Chain & Logistics, Internet & Mobile, Transportation, Proptech & Real Estate, Travel & Hospitality, SaaS |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 101 (64 as Lead Investor) |
| Nº of Exits | 18 |
| Contact | info@p101.it / +39 02 3659 5255 |
Indaco Venture Partners backs Italian growth-stage companies developing proprietary technologies in electronics, robotics, medtech, and new materials. The firm is dedicated to helping these enterprises scale from a national base to compete on the global market.
| Year Founded | 2016 |
| Founders | Alvise Bonivento, Davide Turco |
| Investment Stage | Early Stage, Late Stage, Post-Ipo, Seed |
| Nº of Investments | 41 (12 as Lead Investor) |
| Nº of Exits | 3 (2 IPO'd) |
As an independent firm, Alkemia Capital invests in growth-stage B2B SaaS and platform technology companies through venture capital and private equity. It also executes build-up strategies with small-to-medium sized companies in the €1-10M EBITDA range to help them expand.
| Year Founded | 2006 |
| Founders | Giacomo Picchetto, Luca Maurizio Duranti, Simone Cremonini |
| Investment Stage | Early Stage, Late Stage, Private Equity |
| Nº of Investments | 6 (6 as Lead Investor) |
| Nº of Exits | — |
| Contact | segreteria@alkemiacapital.com / 0039-049-7354172 |
As a private equity and venture capital firm, Idea Capital Funds provides capital through direct, fund of fund, and secondary investments. Their direct investment strategy centers on financing medium-sized and large leveraged buyouts.
Comprised of entrepreneurs and business angels, Club Italia Investimenti 2 provides seed capital to promising Italian digital startups. The firm draws on the collective experience of its members to help these young companies grow and build long-term value.
| Year Founded | 2013 |
| Founders | Alessandro Tavecchio, Cristiano Esclapon |
| Investment Stage | Crowdfunding, Early Stage, Seed |
| Nº of Investments | 79 (1 as Lead Investor) |
| Nº of Exits | 10 |
| Contact | team@cii2.com / +39 080 9286 0967 |