Ottavio Sgrosso

Jun 13, 2019

VC Italian market overview // Q1 2019

We are glad to release Angeldeal’s VC Italian market overview // Q1 2019

This is a summary analysis of private capital investments made, since 2016 up to Q1 2019, into Italian startups and scaleups (including those based abroad run by Italians).  

The report takes into account investment rounds (made by VC + Business Angels + other investors) in startups or scaleups in which at least one of the shareholders is a VC fund

Read this report if you are interested in:

  • Understanding most recent private VC investment against historical context
  • Identifying trends in deals size
  • Identifying hot spots for investments by sector and region
  • Identifying most active investment firms

VC rises in Italy

Since 2018 Venture Capital in Italy is finally taking off. Year 2018 closed with a +300% of euros disbursed, compared to the amount registered in 2017. The first quarter of 2019 confirms the positive trend of 2018, with €96M  invested; +250% compared to 2018 Q1.

The top 10 deals since 2016 to the first quarter of 2019 captured $305M representing 39% of total euros invested.

Out of this 10, 8 have been sealed since 2018, which shows an increasing activity on later stage investments, often supported by international funds.

Most of the investments are captured by companies based in the Northern regions of the country

Companies based in the North of the country received 58% of investments (€463M over 104 deals). Only 5% of investments was made into companies based in the South (€37M over 13 deals)

Where are VCs spending their money?

Companies operating in the following 3 sectors have raised 76% of total euros invested during the observed time frame:

  1. Fintech & Insurtech - 30.36%
  2. eCommerce & Retail - 27.68%
  3. Biotech & Medtech - 17.83%

The sector Travel & Hospitality, one of the main pillars of the country’s GDP, only accounts for 2.10% of total investments.

The full report VC Italian market overview // Q1 2019 is free and available at the following link.

Download Full Report