Italy startup funding in 2011
European tech funding raised by Italy startups during 2011.
In 2011, 23 startups in Italy closed 23 funding rounds and raised €29M in equity funding (excluding debt and grants). Marketing was the most active sector, and H-FARM Ventures was the most active investor. Data as of 6 Nov 2026.
Equity funding
€29M
excl. debt & grants
Funding rounds
23
Companies
23
Top sector
Marketing
Italy: last three years
change vs the year before| Year | Equity | Change | Rounds | Change | Debt |
|---|---|---|---|---|---|
| 2009 | €544k | -95.2% | 4 | -20.0% | — |
| 2010 | €13M | +2250.6% | 10 | +150.0% | — |
| 2011 | €29M | +124.9% | 23 | +130.0% | — |
Rank in Europe
#15
0.9% of European funding
Top-10 round share
96.8%
of disclosed capital
Funding by month
€ raised vs rounds, by monthItaly — funding by month, 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jan | €0 | 1 |
| Feb | €3.3M | 1 |
| Mar | €5.9M | 6 |
| May | €2.8M | 2 |
| Jun | €2.0M | 3 |
| Jul | €210k | 3 |
| Aug | €10M | 1 |
| Oct | €4.5M | 4 |
| Dec | €0 | 2 |
Top sectors
by € raisedItaly — top sectors by capital, 2011 — interactive chart.
Data table
| Italy — top sectors by capital, 2011 | |
|---|---|
| Media | €5.8M |
| Software | €5.0M |
| HRtech | €2.9M |
| Hardware | €2.3M |
| Marketing | €2.2M |
| Telecom | €2.0M |
| Cybersecurity | €1.1M |
| Semiconductors | €1.1M |
Stage mix
by € raisedItaly — stage mix, 2011 — interactive chart.
Data table
| Italy — stage mix, 2011 | |
|---|---|
| Series A | €16M |
| Early VC | €11M |
| Seed | €2.0M |
Exits & M&A
1 Buyout1 exit.
Largest equity rounds
by disclosed amount, 2011| Company | Stage | Date | Amount |
|---|---|---|---|
| EcoEridania | Early VC | Aug 2011 | €10M |
| CityNews | Series A | Feb 2011 | €3.3M |
| Applix | Series A | Oct 2011 | €3.0M |
| CrowdEngineering | Series A | Mar 2011 | €2.9M |
| MusiXmatch | Series A | May 2011 | €2.5M |
| S5 Tech | Series A | Mar 2011 | €2.0M |
| ADmantX | Series A | Jun 2011 | €1.9M |
| Yogitech | Early VC | Oct 2011 | €1.1M |
| MoneyFarm | Seed | Mar 2011 | €700k |
| RisparmioSuper | Seed | Oct 2011 | €407k |
Top investors
most active in 2011, by deal count- H-FARM Ventures3 deals
- Atlante Ventures2 deals
- Italian Angels for Growth2 deals
- Fondo Toscana Ventures1 deals
- Francesco Micheli Associati1 deals
- Luca Lani1 deals
- LVenture Group1 deals
- Paolo Barberis1 deals
- Point Nine Capital1 deals
- United Ventures1 deals
Source: Tech.eu Funding Explorer · data as of 6 Nov 2026 · licence CC BY 4.0 · Methodology