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Italy: venture funds and startups in Italy

Fusion42 tracks 7 venture funds in Italy with $756M in combined assets under management, and 6 startups that have raised $57M between them. The data below is live from the same database that powers Raise and Scout, and is continuously enriched as new rounds and funds are announced.

Part of the Raise fund database and the Scout startup database by Fusion42 — the same live data Arthur, Fusion42's AI co-founder, reasons over.

active funds in Italy include Prana101, Terna Forward, Lumen II, Enry’s Island SpA and Indico VC Fund III; startups in Italy include Kalipso, Seltz, Flagright, Tilt and profitize. Each name links through to a full machine-readable profile — its backers, rounds and related Wire analysis — and the tables below list every entity Fusion42 tracks in Italy, refreshed as new rounds and funds are announced.

Funds in Italy (7 tracked)

FundTypeHQ
Prana101vcItaly
Terna Forwardcorporate vcItaly
Lumen IIvcItaly
Enry’s Island SpAvcItaly
Indico VC Fund IIIvcPortugal
Angelini Venturescorporate vcItaly
Large VenturesvcItaly

Startups in Italy (6 tracked)

StartupStageHQRaised
KalipsoseedSpain$3M
SeltzseedUnited States$13M
Flagrightseries-aGermany$13M
TiltUnited Kingdom$26M
profitizeItaly$2M
Bestie BiteItaly$2M

Recent Wire analysis

StoryPublished
Italy: EnBW and Zelestra partner on major battery storage project - energy-pedia17 July 2026