In Europe, Corporate Venture Capital (CVC) accounts for 22% of all VC deals and 47% of the total capital invested. In contrast, CVC in Italy represents only 3.7% of deals and 4.7% of the capital invested—highlighting a significant gap with international markets.
These figures come from Corporate Venture Capital in Italy: Trends and Outlook , a new report developed by Growth Capital in collaboration with Italian Tech Alliance, Rucellai & Raffaelli, and Soverency.
The report was officially presented at Milano LUISS Hub by Giacomo Bider, Senior Associate at Growth Capital, and Enrico Sisti, Partner at Rucellai & Raffaelli. The presentation was followed by a panel discussion featuring Andrea Birolo (Reale Group), Elena Lavezzi (ZNEXT, Zanichelli Editore), Francesco Sacco (Terna Forward), Giovanni Calabrese (Sella Direct), Isabelle Veil (Soverency), and Sebastiano Silvestri (A2A), moderated by L. Emil Abirascid (Startupbusiness.it).
The study provides a detailed overview of how Corporate Venture Capital operates in Italy, the role of ecosystem players, and the challenges surrounding its adoption.
“Corporate Venture Capital is a fundamental lever for connecting industry and innovation, yet in Italy it is still too rarely adopted in a structured and strategic way. The potential is evident, as is the delay compared to international benchmarks. Bridging this gap requires dedicated teams and stronger integration between startups and corporates. This report provides a snapshot to build on—a starting point for shaping a more ambitious and competitive Italian model,” commented Fabio Mondini de Focatiis, Founding Partner of Growth Capital.
