Startups ranked by AI-estimated valuation
Italy’s 50 most valuable startups
A quarterly ranking of non-listed Italian startups that have already raised funds, established by artificial intelligence from public information. The market sets the value; AI models estimate it.
Listed benchmarks
Bending Spoons · Consumer and productivity apps (Evernote, Vimeo, AOL) · Nasdaq · BSP · listed in Jul 2026Avio · Space launchers (Vega) and propulsion · Euronext Milan · AVIOGenenta Science · Cell and gene therapy for cancer · Nasdaq · GNTAYOLO Group · Digital insurance distribution · Euronext Growth Milan · YOLOCyberoo · Managed cybersecurity services · Euronext Growth Milan · CYBOfficina Stellare · Optics and space instruments · Euronext Growth Milan · OS
Not ranked: no intention is possible on a listed company.
The market at a glance
50companies ranked
38companies on the radar
About USD 2.0bn (EUR 1.7bn)raised in 2025
436rounds in 2025
Italian startups raised EUR 1.7bn across 436 rounds in 2025, led by Bending Spoons; a narrower count of equity in hi-tech startups gives EUR 1.46bn, up 2.8% on 2024 and still below the 2022 peak of EUR 2.16bn. In the first nine months of 2026, investment reached EUR 1.47bn, about 71% more than a year earlier, with fewer but larger rounds in cybersecurity, biotech, space and AI. Sources: Growth Capital / Italian Tech Alliance, Osservatorio VC Italia (FY 2025), Osservatorio Startup & Scaleup Hi-Tech PoliMi / InnovUp (2025), Growth Capital / Italian Tech Alliance, Osservatorio VC (Q1-Q3 2026), via We Wealth. Intention counters will be shown above a threshold of amount and number of Backers.
National ranking · all sectors
Snapshot28 Oct 2026A snapshot taken on 28 Oct 2026
This ranking shows the startups as they stood on 28 Oct 2026. Funding rounds, valuations and other events announced after that date are not included yet. They will be taken into account in the next edition, scheduled for 12 Nov 2026.
Spotted a more recent round? Tell us →First edition: no movements yet.
This ranking shows the startups as they stood on 28 Oct 2026. Funding rounds, valuations and other events announced after that date are not included yet. They will be taken into account in the next edition, scheduled for 12 Nov 2026.
Spotted a more recent round? Tell us →First edition: no movements yet.
By sector26% Fintech16% Healthtech12% Business software10% Deeptech & space6% AI6% Cybersecurity6% Travel4% Energy & climate4% Food & agriculture4% Mobility & logistics6% Other
| # | Company | Sub-sector | Known funding | AI valuation | Pool of InterestsInterest: a free, non-binding declaration on a company, or on a sector within an area, made during the free phase of a pool. Pool: all the Interests declared on the same target. This column shows the number of Backers and the combined amount of their tickets, to validated members only. Terms for Backers → | BackBacking a startup on Uback (pronounced “you back”) can be done in two ways: Interest · free: a non-binding declaration that signals your demand for a company or a sector. You can move or withdraw it at any time, with up to 5 at once. Intention · coming soon: a paid, confirmed declaration, still non-binding. Once its pool reaches critical mass, it is presented to a company by a partner desk. Neither is an order nor a commitment to invest. Terms for Backers → |
|---|---|---|---|---|---|---|
| 1 | ExeinRome · founded 2018 Regional headquarters for Asia-Pacific in Taiwan. |
Cybersecurity › IoT and physical AI security | raised Growth round · USD 270M · Sep 2026 (Headline; Sofina, Goldman Sachs, EIB, KfW Capital) |
Last known equity round: Growth round · USD 270M · Sep 2026 (Headline; Sofina, Goldman Sachs, EIB, KfW Capital) Published valuation: USD 1.7bn (Sep 2026)Method |
Be the first | Back |
| 2 | SatispayMilan · founded 2013 About 6.5M users and more than 450,000 partner merchants; annualised revenue of EUR 116M at the end of May 2026. |
Fintech › mobile payments | EUR 500M+ raised Growth round · EUR 60M · Nov 2024 (Addition; Greyhound Capital, Lightrock); capital increase of up to EUR 120M offered in Jun 2026 at over EUR 1bn |
Last known equity round: Growth round · USD 64M · Nov 2024 (Addition; Greyhound Capital, Lightrock) Published valuation: USD 1.2bn (Jun 2026)Method |
Be the first | Back |
| 3 | Prima AssicurazioniMilan Online motor insurer; AXA bought 51% from Goldman Sachs, Carlyle and Blackstone in Nov 2025, with options on the rest. |
Insurtech › online motor insurance | raised Majority stake · EUR 500M for 51% · Nov 2025 (AXA), at about EUR 980M |
No equity round with a disclosed amount. Published valuation: USD 1.1bn (Nov 2025)Method |
Be the first | Back |
| 4 | ScalapayMilan · founded 2019 About 11M customers and 15,000 merchants; monthly break-even reached in 2025. |
Fintech › buy now pay later | USD 727M raised (may include debt) raised Series B · USD 497M · Feb 2022 (Tencent, Willoughby Capital; Tiger Global, Moore Capital), extended by USD 27M in May 2022 (Poste Italiane) |
Last known equity round: Series B · USD 524M · May 2022 (Poste Italiane)Method | Be the first | Back |
| 5 | AAVantgarde BioMilan | Biotech › gene therapy | raised Series B · USD 140M · Nov 2025 (Schroders Capital, Forbion; Atlas Venture, Amgen Ventures, CDP Venture Capital) |
Last known equity round: Series B · USD 141M · Nov 2025 (Schroders Capital, Forbion; Atlas Venture, Amgen Ventures, CDP Venture Capital)Method | Be the first | Back |
| 6 | NouscomRome · founded 2015Switzerland | Biotech › cancer immunotherapy | raised Series D · USD 140M · Oct 2026 (M Ventures, Revelation Partners; Angelini Investments, EIB, Neva SGR) |
Last known equity round: Series D · USD 135M · Oct 2026 (M Ventures, Revelation Partners; Angelini Investments, EIB, Neva SGR)Method | Be the first | Back |
| 7 | Medical MicroinstrumentsPisa · founded 2015 Symani surgical robot cleared by the FDA (De Novo) and CE marked; North American headquarters in Jacksonville. |
Medtech › surgical robotics | USD 340M+ raised Series D · USD 120M · Oct 2026 (BioStar Capital; S3 Ventures, Angelini Ventures) |
Last known equity round: Series D · USD 125M · Oct 2026 (BioStar Capital; S3 Ventures, Angelini Ventures)Method | Be the first | Back |
| 8 | NanoPhoria BioscienceMilan | Biotech › cardiovascular drugs | raised Series A · USD 97M · Oct 2025 (XGEN Venture, Sofinnova Partners, CDP Venture Capital; Panakes Partners) |
Last known equity round: Series A · USD 97M · Oct 2025 (XGEN Venture, Sofinnova Partners, CDP Venture Capital; Panakes Partners)Method | Be the first | Back |
| 9 | Generative BionicsGenoa · founded 2024 Spin-off of the Italian Institute of Technology (IIT), Genoa. |
Deeptech › humanoid robots | raised First institutional round · USD 81M · Dec 2025 (CDP Venture Capital; AMD Ventures, Duferco, Eni Next, RoboIT) |
Last known equity round: First institutional round · USD 81M · Dec 2025 (CDP Venture Capital; AMD Ventures, Duferco, Eni Next, RoboIT)Method | Be the first | Back |
| 10 | WeRoadMilan · founded 2017 Revenue of EUR 130M in 2025 (+30%); more than 300,000 travellers since 2017. |
Travel › group travel | USD 100M (reported, since founding) raised Series C · USD 58M · May 2026 (Airbnb; H14) |
Last known equity round: Series C · USD 58M · May 2026 (Airbnb; H14)Method | Be the first | Back |
| 11 | JoivyMilan · founded 2007 About 13,000 units managed; revenue of about EUR 120M. |
Proptech › coliving and rental management | EUR 80M+ raised Growth round · USD 56M · Jan 2022 (Starwood Capital) |
Last known equity round: Growth equity · USD 56M · Jan 2022 (Starwood Capital)Method | Be the first | Back |
| 12 | D-OrbitFino Mornasco · founded 2011 Over 300 staff targeted and EUR 90M in orders secured at the Series C close (2024). |
Space › in-space transport | raised Series D · USD 53M · Jan 2026 (Azimut, Deep Ocean Capital) |
Last known equity round: Series D · USD 53M · Jan 2026 (Azimut, Deep Ocean Capital)Method | Be the first | Back |
| 13 | GenespireMilan · founded 2020 | Biotech › gene therapy | raised Series B · USD 52M · Sep 2024 (Sofinnova Partners, XGEN Venture, CDP Venture Capital) |
Last known equity round: Series B · USD 51.9M · Sep 2024 (Sofinnova Partners, XGEN Venture, CDP Venture Capital)Method | Be the first | Back |
| 14 | LexroomMilan · founded 2023 More than 8,000 law firms and legal teams as customers (company figure). |
Legal tech › AI legal research | USD 73M+ raised Series B · USD 50M · May 2026 (Left Lane Capital; Base10 Partners, Eurazeo, Acurio Ventures, Entourage) |
Last known equity round: Series B · USD 50M · May 2026 (Left Lane Capital; Base10 Partners, Eurazeo, Acurio Ventures, Entourage)Method | Be the first | Back |
| 15 | Energy DomeMilan · founded 2020 Google partnership (Jul 2025) to deploy CO2 Battery plants globally; first commercial plant in Sardinia. |
Climate › long-duration energy storage | raised Series B · USD 44M · Apr 2023 (CDP Venture Capital, 360 Capital) |
Last known equity round: Series B · USD 44M · Apr 2023 (CDP Venture Capital, 360 Capital)Method | Be the first | Back |
| 16 | VedraiMilan · founded 2020 Controls indigo.ai. |
AI › decision intelligence for SMEs | raised Growth round · USD 43M · Apr 2022 (Azimut) |
Last known equity round: Growth round · USD 43.2M · Apr 2022 (Azimut)Method | Be the first | Back |
| 17 | Bene AssicurazioniMilan · founded 2016 Gross premiums EUR 353M in 2025 (+21.7%); acquiring 51% of CF Vita and a branch of CF Assicurazioni from Tecnocasa (2026). |
Insurtech › P&C insurer | raised Funding round · USD 42M · Apr 2022 (Italmobiliare) |
Last known equity round: Funding round · USD 42.4M · Apr 2022 (Italmobiliare)Method | Be the first | Back |
| 18 | Enthera PharmaceuticalsMilan · founded 2016 | Biotech › autoimmune drugs | raised Series A with extension · USD 42M · Jan 2021 (Sofinnova Partners, AbbVie Ventures; Roche Venture Fund, Indaco Venture Partners) |
Last known equity round: Series A with extension · USD 42M · Jan 2021 (Sofinnova Partners, AbbVie Ventures; Roche Venture Fund, Indaco Venture Partners)Method | Be the first | Back |
| 19 | Planet FarmsCavenago di Brianza · founded 2018 Joint venture with Swiss Life Asset Managers (Apr 2025) to finance new farms, with up to EUR 200M of capital. |
Agrifood › vertical farming | USD 140M+ (incl. debt and grants) raised Funding round · USD 40M · Nov 2023 |
Last known equity round: Funding round · USD 40M · Nov 2023Method | Be the first | Back |
| 20 | CaracolMilan · founded 2017 | Deeptech › robotic additive manufacturing | raised Series B · USD 40M · Oct 2025 (Omnes Capital, Move Capital; CDP Venture Capital) |
Last known equity round: Series B · USD 40M · Oct 2025 (Omnes Capital, Move Capital; CDP Venture Capital)Method | Be the first | Back |
| 21 | BizawaySpilimbergo · founded 2015 Offices in Italy, Spain, Albania and Dubai. |
Travel › business travel management | raised Series B · USD 39M · Sep 2024 (Mayfair Equity Partners) |
Last known equity round: Series B · USD 38.9M · Sep 2024 (Mayfair Equity Partners)Method | Be the first | Back |
| 22 | Jet HRMilan · founded 2023 | HR tech › payroll and HR software | raised Series A · USD 29M · Jun 2025 (Base10 Partners) |
Last known equity round: Series A · USD 28.8M · Jun 2025 (Base10 Partners)Method | Be the first | Back |
| 23 | MilkmanVerona · founded 2015 | Logistics › last-mile delivery software | raised Funding round · USD 27M · May 2020 (P101, Vertis, 360 Capital, Azimut) |
Last known equity round: Funding round · USD 27.3M · May 2020 (P101, Vertis, 360 Capital, Azimut)Method | Be the first | Back |
| 24 | MDOTMMilan · founded 2015 Platform used on over USD 100bn of assets under management (company figure). |
Fintech › AI investment software | USD 36.5M raised Growth round · USD 27M · Jun 2026 (Expedition Growth Capital) |
Last known equity round: Growth round · USD 27M · Jun 2026 (Expedition Growth Capital)Method | Be the first | Back |
| 25 | Young PlatformTurin · founded 2018 Authorised by Consob as a MiCAR crypto-asset service provider (CASP) on 30 June 2026, covering eight services. |
Fintech › crypto exchange | EUR 45M+ raised Funding round · USD 26M · Jul 2026 (Azimut Group; other institutional investors) |
Last known equity round: Funding round · USD 26.1M · Jul 2026 (Azimut Group; other institutional investors)Method | Be the first | Back |
| 26 | TranslatedRome · founded 1999 Also develops the ModernMT and Lara translation models. |
AI › language and translation | raised Growth round · USD 25M · Jun 2021 (Ardian) |
Last known equity round: Growth round · USD 25M · Jun 2021 (Ardian)Method | Be the first | Back |
| 27 | ContentsMilan Has made six acquisitions, most recently Balio (Barcelona) in July 2026. |
Martech › AI content generation | raised Series B · USD 25M · Feb 2026 (Alkemia Capital, Thomson Reuters Ventures; Qatar Development Bank) |
Last known equity round: Series B · USD 25M · Feb 2026 (Alkemia Capital, Thomson Reuters Ventures; Qatar Development Bank)Method | Be the first | Back |
| 28 | Webidoo Revenue above USD 18M in 2025 (company figure). |
Martech › SMB digital and AI platform | USD 30M+ raised Growth round · USD 25M · May 2026 (Azimut Libera Impresa) |
Last known equity round: Growth round · USD 25M · May 2026 (Azimut Libera Impresa)Method | Be the first | Back |
| 29 | Cyber GuruRome More than 700 client organisations and 1 million active users in 90 countries (company figures). |
Cybersecurity › security awareness training | raised Series B · USD 25M · Oct 2024 (Riverside Acceleration Capital; Educapital, P101, Adara) |
Last known equity round: Series B · USD 25M · Oct 2024 (Riverside Acceleration Capital; Educapital, P101, Adara)Method | Be the first | Back |
| 30 | TretauPiedmont | Climate › electrification materials | raised Series C · USD 23M · Sep 2025 (T2Y Capital; Altana, Syensqo Ventures, Finindus) |
Last known equity round: Series C · USD 23.4M · Sep 2025 (T2Y Capital; Altana, Syensqo Ventures, Finindus)Method | Be the first | Back |
| 31 | Wopta Assicurazioni About 220,000 insured clients and 4,000+ distribution partners; 2025 revenue EUR 5M, EBITDA positive. |
Insurtech › insurance distribution | EUR 20M+ (may include non-equity) raised Funding round · USD 4.2M · Jan 2025 (Belluzzo International Partners) |
Last known equity round: Funding round · USD 4.2M · Jan 2025 (Belluzzo International Partners) Published valuation: USD 116M (May 2026)Method |
Be the first | Back |
| 32 | Leaf SpaceLomazzo · founded 2014 | Space › ground segment as a service | USD 27M raised Series B · USD 22M · Jul 2023 (CDP Venture Capital, Neva SGR; SIMEST) |
Last known equity round: Series B · USD 22M · Jul 2023 (CDP Venture Capital, Neva SGR; SIMEST)Method | Be the first | Back |
| 33 | WISEMilan · founded 2011 | Medtech › neuromodulation | raised Series C · USD 18M · Oct 2020 (CDP Venture Capital; Indaco Ventures I, EUREKA! Venture) |
Last known equity round: Series C · USD 17.6M · Oct 2020 (CDP Venture Capital; Indaco Ventures I, EUREKA! Venture)Method | Be the first | Back |
| 34 | Commerce LayerFlorence · founded 2017 | Software › headless commerce APIs | USD 22M+ raised Series B · USD 16M · May 2021 (Coatue Management; Benchmark, Mango Capital) |
Last known equity round: Series B · USD 16M · May 2021 (Coatue Management; Benchmark, Mango Capital)Method | Be the first | Back |
| 35 | TethisMilan | Medtech › cancer diagnostics | raised Funding round · USD 16M · Jan 2025 (Fondazione ENEA Tech e Biomedical; Fondazione Biomedica) |
Last known equity round: Funding round · USD 15.5M · Jan 2025 (Fondazione ENEA Tech e Biomedical; Fondazione Biomedica)Method | Be the first | Back |
| 36 | Cardo AIMilan Team of more than 120 people (Nov 2024). |
Fintech › private credit software | raised Series A · USD 15M · Nov 2024 (Blackstone Innovations Investments, FINTOP Capital) |
Last known equity round: Series A · USD 15M · Nov 2024 (Blackstone Innovations Investments, FINTOP Capital)Method | Be the first | Back |
| 37 | ShippyProFlorence · founded 2016 Customers include Diesel, Guess, Venchi |
Logistics › e-commerce shipping software | raised Series B · USD 15M · Nov 2023 (Five Elms Capital) |
Last known equity round: Series B · USD 15M · Nov 2023 (Five Elms Capital)Method | Be the first | Back |
| 38 | ConioMilan · founded 2015 Partners include Banca Generali, which offers crypto services to clients via Conio. |
Fintech › crypto custody | USD 20M+ raised Series B · USD 14M · Dec 2020 (Banca Generali) |
Last known equity round: Series B · USD 14M · Dec 2020 (Banca Generali)Method | Be the first | Back |
| 39 | QomodoMilan More than 2,500 offline merchants in Italy (Jan 2025). |
Fintech › buy now pay later | EUR 18M raised Series A · USD 14M · Jan 2025 (RTP Global, LMDV Capital; Proximity Capital, Primo Capital) |
Last known equity round: Series A · USD 14M · Jan 2025 (RTP Global, LMDV Capital; Proximity Capital, Primo Capital)Method | Be the first | Back |
| 40 | Banca AideXaMilan 20,200 clients at 30 June 2025 (5,951 SMEs); breakeven reached in 2025 per company. |
Fintech › digital bank for SMEs | EUR 100M+ raised Funding round · USD 14M · Sep 2025 (existing shareholders) |
Last known equity round: Funding round · USD 14M · Sep 2025 (existing shareholders)Method | Be the first | Back |
| 41 | CleafyMilan · founded 2014 150+ financial institutions in Europe and Latin America as clients, incl. ING, BCC Iccrea, illimity. |
Fintech › banking fraud prevention | EUR 22M raised Series B · USD 14M · Mar 2026 (United Ventures, eCAPITAL) |
Last known equity round: Series B · USD 13.9M · Mar 2026 (United Ventures, eCAPITAL)Method | Be the first | Back |
| 42 | SibillMilan · founded 2021 More than 2,600 business clients (June 2025). |
Fintech › SME finance software | EUR 18.7M raised Series A · USD 14M · Jun 2025 (Creandum; Keen Venture Partners) |
Last known equity round: Series A · USD 13.8M · Jun 2025 (Creandum; Keen Venture Partners)Method | Be the first | Back |
| 43 | CubbitBologna · founded 2016 | Software › cloud storage | raised Series A extension · USD 12M · Jul 2024 (LocalGlobe, ETF Partners) |
Last known equity round: Series A extension · USD 12.5M · Jul 2024 (LocalGlobe, ETF Partners)Method | Be the first | Back |
| 44 | SmartnessArco · founded 2020 Formerly Smartpricing; more than 3,000 properties as customers. |
Travel › hotel revenue management | raised Series A · USD 12M · Dec 2023 (Partech; The Techshop, Azimut); Series B of EUR 47M in May 2026 mixing new shares, share sales and debt (United Ventures, CDP Venture Capital) |
Last known equity round: Series A · USD 12M · Dec 2023 (Partech; The Techshop, Azimut)Method | Be the first | Back |
| 45 | TreedomFlorence · founded 2010 | Consumer › tree planting platform | raised Growth round · USD 12M · Sep 2021 (Exor, DVR Capital, OurCrowd) |
Last known equity round: Growth round · USD 11.8M · Sep 2021 (Exor, DVR Capital, OurCrowd)Method | Be the first | Back |
| 46 | EquixlyFlorence | Cybersecurity › API security testing | raised Series A · USD 12M · Dec 2025 (33N Ventures; Alpha Intelligence Capital, JME Ventures, 360 Capital, Fondazione CR Firenze) |
Last known equity round: Series A · USD 11.6M · Dec 2025 (33N Ventures; Alpha Intelligence Capital, JME Ventures, 360 Capital, Fondazione CR Firenze)Method | Be the first | Back |
| 47 | Datapizza More than 90 AI specialists. |
AI › enterprise AI deployment | raised Series A · USD 12M · Jul 2026 (Nextalia Ventures) |
Last known equity round: Series A · USD 11.6M · Jul 2026 (Nextalia Ventures)Method | Be the first | Back |
| 48 | CortiliaMilan · founded 2011 | Food › online grocery | raised Funding round · USD 12M · Sep 2026 (Red Circle Investments; Indaco Venture Partners, Primo Capital, Five Seasons) |
Last known equity round: Funding round · USD 11.6M · Sep 2026 (Red Circle Investments; Indaco Venture Partners, Primo Capital, Five Seasons)Method | Be the first | Back |
| 49 | WSenseRome · founded 2017 | Deeptech › underwater IoT | USD 29M raised Pre-Series B · USD 12M · Oct 2025 (Indico Capital Partners; SIMEST, RunwayFBU, Swen Capital Partners, Rypples) |
Last known equity round: Pre-Series B · USD 11.6M · Oct 2025 (Indico Capital Partners; SIMEST, RunwayFBU, Swen Capital Partners, Rypples)Method | Be the first | Back |
| 50 | Chora MediaMilan · founded 2020 Founded by Mario Calabresi; Chora acquired Will Media in a EUR 5.2M operation. |
Media › podcasts | raised Funding round · USD 11M · Mar 2025 (Tether) |
Last known equity round: Funding round · USD 10.8M · Mar 2025 (Tether) Published valuation: USD 59.4M (Mar 2025)Method |
Be the first | Back |
Back · Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a partner desk: the Fundraising Desk of the country for a round, the Secondary Sales Desk assigned to the company for a sale. · Terms
Ranking in descending order of AI-estimated valuation, based on public information, with no human intervention on the order. The valuations, ranges and brackets shown are editorial estimates produced by AI, purely indicative and imperfect by nature: neither a financial valuation, nor an offer, nor investment advice. Only the market sets a company’s value, through a funding round or a sale. Ranking established by Claude (Anthropic) from public information, following the published rules. A consensus of several AIs will apply from 1 December 2026. Eligibility: at least $1M raised in equity, non-listed company, main operations in Italy. Request a correction · Full method →
Get every new ranking
New entries, exits and movements, at every edition.
No data passed on to third parties. See our Privacy policy.
Rankings by sector
Four verticals at launch, more when the feasibility test allows.Coming soon · Top 10
Fintech & insurance
Mobile payments, buy now pay later, online motor insurance, crypto and SME banking.
Coming soon · Top 10
Health & biotech
Gene therapies, cancer vaccines, surgical robotics and cardiovascular drugs.
Coming soon · Top 10
Software & AI
IoT security, legal AI, payroll, translation models and marketing content.
Coming soon · Top 10
Deeptech & climate
Humanoid robots, in-space transport, long-duration storage and vertical farming.
ProptechEdtechMobilityFoodtechGaming
The Uback Fundraising Desk in Italy
Introductions made by a Fundraising Desk partner, currently being selected
An adviser authorised by CONSOB (Commissione Nazionale per le Società e la Borsa), the only party entitled to present Backers’ demand to companies for their funding rounds. Sales of existing shares are handled by Secondary Sales Desks, assigned company by company. Uback remains a media: it ranks and aggregates intentions, it takes part in no transaction.
—deals worked on
—deals closed
—average response time
Capital raising advisers
Become Uback’s Fundraising Desk partner in Italy
- Foreign investors you would not find on your own
- Your name on every ranking of the country
- Backers’ demand on each company, before its round opens
- The “Uback Fundraising Partner in Italy” title on your profiles
Radar · known eligible companies, not ranked
Sorted by date of last round, with no judgement and no AI call. Undisclosed amount: the round is confirmed by the press, not its amount.
- Roboze · Deeptech › industrial 3D printingFunding round · USD 10M · Oct 2026 (Rialto Ventures; Club degli Investitori)Back
- Domyn · AI › enterprise LLMs and sovereign AIUSD 1.1bn of equity and debt raised over two years (disclosed Aug 2026), split undisclosedBack
- Oversonic Robotics · Deeptech › humanoid robotsUndisclosed round · amount undisclosed · Jun 2026 (STMicroelectronics, Fondazione ENEA Tech e Biomedical, SpotInvest)Back
- A-Cube · Fintech › tax compliance APIFunding round · USD 4.6M · May 2026 (P101 SGR; Sella Direct Ventures)Back
- CheckSig · Fintech › crypto custodySeries A · USD 7M · Jan 2026Back
- Casavo · Proptech › home buying and sellingFunding round · EUR 12M · Dec 2025 (existing shareholders: Exor, UniCredit, 360 Capital, Picus), after the share capital was written downBack
- Sizable Energy · Climate › long-duration energy storageSeed · USD 8M · Oct 2025 (Playground Global; Exa Ventures, Verve Ventures, Satgana, EDEN/IAG)Back
- Tot · Fintech › SME business bankingPre-Series A · USD 8.2M · Sep 2025 (CDP Venture Capital; Azimut)Back
- Bikeroom · E-commerce › used bikes marketplaceSeries A · USD 3.5M · Jul 2025 (Azimut, Vesper Holding)Back
- Skillvue · HR tech › AI skills assessmentSeed · USD 6.3M · May 2025 (360 Capital; Italian Founders Fund, 14Peaks Capital, Orbita Verticale)Back
- Axyon AI · Fintech › AI for asset managementSeries A · USD 4.7M · Apr 2025 (CDP Venture Capital; Green Sands Equity, Montage Ventures, SIMEST)Back
- indigo.ai · AI › conversational agents for customer careSeries B · USD 10M · Jan 2025 (Azimut)Back
- AIKO · Space › mission autonomy softwareSeries A · USD 3.8M · Oct 2024 (Deep Ocean Capital; Primo Ventures)Back
- Ephos · Deeptech › photonic chipsSeed · USD 8.5M · Sep 2024 (Starlight Ventures; Collaborative Fund, Exor Ventures, 2100 Ventures, Unruly Capital)Back
- Kurs Orbital · Space › in-orbit servicingSeed · USD 4M · Mar 2024 (OTB Ventures; Inovo, Credo Ventures, CDP Venture Capital)Back
- Resalis Therapeutics · Biotech › metabolic drugsSeries A · USD 11M · Jan 2024 (Sunstone Life Science Ventures; Claris Ventures)Back
- Aindo · AI › synthetic dataSeries A · USD 6.4M · Oct 2023 (United Ventures; Vertis SGR)Back
- Sidereus Space Dynamics · Space › launchersSeed · USD 5.5M · Sep 2023 (CDP Venture Capital; Primo Space)Back
- BeDimensional · Deeptech › advanced materialsSeries A · USD 5.3M · Sep 2023 (EUREKA! Venture; CDP Venture Capital, NovaCapital, Eni Next)Back
- T4i · Space › satellite propulsionStrategic round · USD 2.7M · Sep 2023 (Avio)Back
- Agricola Moderna · Agrifood › vertical farmingInvestment in a farm project company · EUR 15M · Jul 2023 (Azimut)Back
- Ermes · Cybersecurity › web and browser securitySeries A · USD 3.3M · Jun 2023 (Sinergia Venture Fund)Back
- Planckian · Deeptech › quantum computingPre-seed / seed · USD 3M · Jun 2023Back
- Poke House · Food › restaurant chainGrowth round · amount undisclosed · May 2023 (Red Circle Investments; Eulero Capital, FG2 Capital, MIP SGR)Back
- Alia Therapeutics · Biotech › gene editingSeed extension · USD 4.8M · Apr 2023 (Sofinnova Partners; Indaco Bio)Back
- Unguess · Software › crowdtesting and QAGrowth round · USD 11M · Jan 2023 (Fondo Italiano Tecnologia e Crescita; Italian Angels for Growth, Club degli Investitori)Back
- Fiscozen · Fintech › tax and accountingSeries A · USD 8.5M · Dec 2022 (Keen Venture Partners; United Ventures)Back
- Babaco Market · Food › anti-waste grocery boxesSeries A · USD 6.5M · Nov 2022 (United Ventures)Back
- Dove.it · Proptech › online real-estate agencyFunding round · USD 3M · Sep 2022 (Azimut)Back
- Musixmatch · Media › music data and lyricsStrategic investment · amount undisclosed · Jul 2022 (TPG)Back
- Apogeo Space · Space › satellite IoT connectivityFirst institutional round · USD 5.3M · May 2022 (Primo Space)Back
- Talent Garden · Edtech › digital skills trainingGrowth round · USD 11M · Jan 2021 (CDP Venture Capital, Gama)Back
- WeSchool · Edtech › online learning platformGrowth round · USD 7.6M · Aug 2020 (P101; Azimut, TIM Ventures, CDP Venture Capital)Back
- 2hire · Mobility › connected vehiclesSeries A · USD 6.2M · Feb 2020 (P101, Linkem; Invitalia Ventures, LVenture Group)Back
- Velasca · Fashion › footwear brandSeries A · USD 5M · Sep 2019 (P101, Milano Investment Partners)Back
- Kither Biotech · Biotech › respiratory drugsSeries A · USD 6.3M · Jul 2019Back
- Miscusi · Food › restaurant chainSeries A · USD 5.7M · Nov 2018Back
- Mia-Platform · Developer tools › internal developer platformFunding round · amount undisclosed (Growth Club)Back
Born in Italy, based elsewhere
Companies of Italian origin whose main operations are now abroad: not ranked, shown with the law governing their shares.
- Kong · Developer tools › API management
Founded in Milan in 2009 as Mashape; headquarters in San FranciscoSeries E · USD 175M · Nov 2024 (Tiger Global, Balderton Capital), at USD 2bnBack - Moneyfarm · Fintech › digital wealth management
Founded in Milan in 2011; headquarters in London, with offices in Milan and CagliariSeries D · GBP 44M · Feb 2022 (M&G)Back
Not ranked
- Facile.it · Bought by Silver Lake in 2022
- Soisy · Bought by Compass (Mediobanca group) in 2023
- Opyn · AATECH bought 90% of the company that owns the platform in Sep 2025
- Credimi · Platform and staff sold to Banca CF+ in 2023
- Neosurance · Created by Neosperience; majority bought by MAG in 2022
- Immobiliare.it · Owned by its founders, without outside investors
- Brumbrum · Bought by Cazoo in 2022, then by Aramis Group (Stellantis)
- ProntoPro · Merged with Armut (Türkiye) in 2022
- Freeda Media · In voluntary liquidation since June 2025
- Argotec · Grown without outside investors so far
- ThinkQuantum · Majority-owned by Officina Stellare, listed on Euronext Growth Milan
- Tulum Energy · Created by the venture arm of the Techint group
- Everli · Merger with a SPAC approved by shareholders in Oct 2026, for a Nasdaq listing
- Newcleo · Listed on Nasdaq since Sep 2026 via a SPAC; headquarters in Paris, operations in Turin
The method in Italy
Calendar. Quarterly ranking, published on the 12th of February, May, August and November. Next edition: November 12, 2026.
Eligibility: at least $1M raised in equity, non-listed company, main operations in Italy.
Fundraising Desk sought. An adviser authorised by CONSOB (Commissione Nazionale per le Società e la Borsa).
Sources. Italian and international business and technology press (Il Sole 24 Ore, MF-Milano Finanza, Corriere della Sera, StartupItalia, EconomyUp, Startupbusiness, Tech.eu, Sifted, TechCrunch, Bloomberg), Italian venture data (Politecnico di Milano Osservatorio, Growth Capital), company and investor announcements.