Italy startup funding
European tech funding profile
1,105 startups in Italy have closed 1,412 funding rounds and raised €9.3B in equity funding (excluding debt and grants) and recorded 160 exits. Debt rounds added €1.8B. Software is the most active sector, and CDP Venture Capital is the most active investor. Data as of 5 Nov 2026.
#13 in Europe by equity raised — 1.5% of all European startup equity funding.
Equity funding
€9.3B
excl. debt & grants · +€1.8B debt
Funding rounds
1,412
Companies
1,105
Named investors
1,593
Exits
160
Funding over time
2010–2026 · 2026 YTD — equity € raised vs roundsItaly — funding over time — interactive chart.
Data table
| Equity | Rounds | |
|---|---|---|
| 2010 | €13M | 10 |
| 2011 | €29M | 23 |
| 2012 | €65M | 39 |
| 2013 | €54M | 78 |
| 2014 | €61M | 81 |
| 2015 | €185M | 77 |
| 2016 | €165M | 98 |
| 2017 | €132M | 61 |
| 2018 | €199M | 55 |
| 2019 | €241M | 32 |
| 2020 | €489M | 88 |
| 2021 | €898M | 124 |
| 2022 | €1.7B | 86 |
| 2023 | €1.2B | 126 |
| 2024 | €1.1B | 127 |
| 2025 | €1.6B | 166 |
| 2026 | €1.1B | 114 |
AI analysis mentioning Italy
AI-generated · figures verified · not investment adviceTop performing sectors
by € raised| Software | €2.4B | |
| Fintech | €2.4B | |
| Energy | €846M | |
| Proptech | €815M | |
| Healthtech | €803M | |
| Cybersecurity | €619M |
Top sectors
by deal countItaly — top sectors — interactive chart.
Data table
| Italy — top sectors | |
|---|---|
| Software | 206 |
| Fintech | 164 |
| Healthtech | 124 |
| Foodtech | 85 |
| E-commerce | 80 |
| Transportation | 80 |
| Marketing | 78 |
| Media | 73 |
| Consumer | 63 |
| Hardware | 59 |
Stage mix
by € raisedItaly — stage mix — interactive chart.
Data table
| Italy — stage mix | |
|---|---|
| Other | €4.8B |
| Debt | €1.8B |
| Series B | €1.1B |
| Series A | €1.1B |
| Series C | €809M |
| Seed | €686M |
| Series D+ | €320M |
| Early VC | €131M |
| Pre-Seed | €128M |
| Growth/Late | €82M |
| Grant | €57M |
| Crowdfunding | €21M |
Top deals
largest disclosed rounds| Company | Stage | Date | Amount |
|---|---|---|---|
| Bending Spoons | Other | Oct 2025 | €615M |
| Plenitude | Other | Dec 2023 | €500M |
| Bending Spoons | Debt | Aug 2025 | €500M |
| Scalapay | Series B | Feb 2022 | €438M |
| Bending Spoons | Other | Sep 2022 | €355M |
| Inwit | Debt | Feb 2025 | €350M |
| Satispay | Series D+ | Sep 2022 | €320M |
| Casavo | Debt | Jul 2022 | €300M |
| EXEIN | Other | Sep 2026 | €234M |
| Nexi Group | Debt | Sep 2024 | €220M |
Top investors
named, by deal count| CDP Venture Capital | 125 |
| LVenture Group | 62 |
| P101 | 51 |
| 360 Capital Partners | 49 |
| United Ventures | 47 |
| Italian Angels for Growth | 40 |
| Club degli Investitori | 30 |
| Vento | 27 |
| Vertis SGR | 27 |
| Club Italia Investimenti 2 | 27 |
Top cities
by € raised| Milan | €7.8B | 541 | |
| Rome | €762M | 169 | |
| Turin | €272M | 84 | |
| Genoa | €171M | 13 | |
| Calci | €169M | 5 | |
| Trento | €110M | 6 | |
| Brescia | €101M | 17 | |
| Verona | €92M | 12 |